Uneasy to predict on HTF when world news can change markets in a blink; but on technical perspective I can't see many reasons why this shouldn't happen. This whole big range feels so much distribution to me. FX:EURUSD heading lower (imo).
EURUSD raided 5 x D1 times inside a bullish OB that sent price higher for over 400 pips. Double top is in sight. 1.1 is programmed.
Can totally see that. BINANCE:BTCUSDT on HTF looks bullish to my eyes. Pullback into untested weekly breaker and resume rally into 30k.
I can totally see that in the next days/weeks/ SAXO:EURUSD sweeping those weekly highs and then pullback back to parity.
SAXO:EURUSD retrace in premium, to resume downtrend into new monthly lows. This would be proper EU behaviour.
I can see this move on D1 of SAXO:EURUSD We're at weekly resistance. I expect some sort of rejection. FVG below would be a nice target for LTF shorts.
Max pain scenario BINANCE:BTCUSDT ... Everyone longing here, shake them out and send it. Have seen "h" bottom many times in BTC. Wait x it.
Many people calling x 1.00 between EUR and USD. Come on... Until proven otherwise monthly still looking bullish to me and HTF is king. FX:EURUSD can easily end up 1.30 in the next year or years.
I can see SAXO:EURUSD doing something like this x this week. We're currently in D1 support, bounce into premium, Wednesday reversal (FOMC) and then down into weekly liquidity. Dream-play... Anyway, I don't trade HTF but I like to do TA x fun. M1 is my territory and I love it.
SAXO:EURUSD can easily go back up here too to fill inefficiency b4 reversal. Anyway, I'm looking to short in one of those 2 levels.
I can see EURUSD sweep the lows x NFP manipulation play, creating a SMT with DXY before reversal. I don't play HTF, I just do that x fun. I like to predict. Will see if it happens. DXY looks more bearish than EURUSD bullish imo.
SAXO:EURUSD LL b4 next rally. We're still inside a monthly bullish order block. I think something like this is doable. I trade M1 tho so this is just x fun.
FX:EURUSD dumped hard yesterday on FOMC news... But I can see a reversal between today or tomorrow or at least an attempt to create a weekly raid by the end of the week.
COINBASE:ETHUSD is in small range accumulation... I can see something like this playing out. That untested support seems good to hold imo. Dump, raid D1 lows and send it to equal highs.
SAXO:EURUSD invalidated my idea of premium before dump. Weak... we probably continue lower.
SAXO:EURUSD is heavily ranging these past days. I can see something like that working out in the next days/week. Rally into untested bearish order block to melt down into inefficiency.
BINANCE:ETHBTC I posted this idea on Twitter but forgot to post here on TV... Anyway I'm bullish on ETHBTC. That weekly breaker is so key x more upside.
BINANCE:BTCPERP I can see a raid of those highs before correction... Bullish momentum seems slowing down and way too many people is long. Time to punish them all.