I'm looking at AU being Bullish for a few more days and then see how it plays around the .71 area of a previous Bearish IMB. If the price fails here, then I will look to short to the next liquidity area. If price momentum is strong, then look for buying opportunities for the current high @ .68711
Information of the (my) expected scenario is on the chart based on the highest probabilities. Fib walk all the way down from the Monthly to the 1H showing Fib clustering (areas of importance). The market has female characteristics: 1) It does what it wants when it wants. 2) It is always right. A trader's expectations should never turn into ASSUMPTIONS. We...
As I mentioned in the XRPUSD short analysis, going long wasn't my first option but it was a possibility to a lesser degree of it going short. You can see from Friday night the bullish push upwards through today. Even looking at BTC Futures you can see the change. I am looking at XRPUSD hitting 1.30030 at least.
I am looking at taking this opportunity. I had the green and red boundaries set from the previous TR and I missed the move that happened at midnight PT. ***IF*** I will take the preferred. If no preferred then next. The bonus is off either entry. This pair is very bearish, BTCUSD is very bearish as I am looking at the next 2 to 3 days. This is why I have no...
We have a lot of interesting stuff here happening with BTCUSD off some key areas of associated price action. What I also find interesting is how TPO and VWAP ( *Note - I left the Asian session encapsulation on) play into that associated price action. I think that we are going to see other cryptocurrencies follow the move upwards and that this is nothing more...
Just looking at two choices based on one particular 4H candle and how the associated price action at this level is moving correctively. We have a large inside range of 9,000 points with market movement contracting, which I believe is the pause (price equilibrium, base, side-ways movement, consolidation) before it springs (higher probability) into the desired...