Associated price action has been playing around this area for a bit. Looking for price to do a Fake Out (FO) to the south and then the true movement to the north. We may not see any movement until later within today's NY Session.
Looking at what is happening and the associated price action movement from Tokyo, to London, and now in New York I think we will have a push higher to the above 15M AOI.
Looking at TPO (Time Price Opportunity) I see a potential move to the upside.
Just providing an update if we stay northside of this zone. Looking at a price of 2845.35 as the next TP area. If we can't stay northern I look for price to travel between zones at the south.
Chart analysis for AXIE. Expecting a sell before the long buy.
Just publishing this ETHUSD forecasting chart by request. Refer to the forecasting chart indicated below.
ETHUSD has pushed up further past the expectations and I believe we may hit that 2836 price area. Also seeing a rise in XRPUSD, and BTCUSD. See previous chart ideas for potential areas of interest.
A little late publishing this call from my own personal strategy but wanted to share the reasoning and thought behind it. We can see from the bottom AOI (4H) that price has steadily moved upward following key Fib levels as associated price action moves. What I found interesting is the level at the top that is also a Key AOI (4H) that is lined up with Phi (1.618)....
Early yesterday on Oil Wednesday we saw an explosion northward. OPEC news was received as mix by some. I am expecting a small corretion down, with two additional moves past the .382 Fib extension.
Using only the Month of March's 'Trading Range' I am "projecting" what could be future price action levels. The month of March's 'Trading Range' Upper and Lower extremes are my 'trigger points'. If associated price action drops above or below these areas, I would want to see associated price action come back and 'test' these price levels and push on the direction...
Just a quick update on ETHUSD. You can see from the previous analysis that associated price action pushed all the way to the supply zone and is at a critical decision stage. If price can push through this area (red arrow) and then breakthrough and retest we can see further price levels at previous highs. If the price can't break through the demand zone below is...
I am looking for the market to continue its bullish run from last week. I believe we are going to see the market push lower and then rebound back up to the top 4H zone.
Looking to use the 5 AM candle as the "inside bar" candle to look for trade ideas. The overall expectation is Bullish, but I do expect a correction so ideally, I would like to see price wick off the 152.125 price area down to the bottom of the 5 AM candle and then shoot up to the green path. If not, prepared as well to take the red path if bullish momentum is no...
Refer back to the previous chart and updates. Price hit. Now look to the next level for price to reach.
Missed an earlier retest of this at the top of the hour 2000 ET 7/18/21, looking for a retest of the area for my Buy Limit to kick in. There are 3 TP areas I have of interest.
Looking at this from an EW perspective and what could be possible with associated price action. Bias is still bearish with other analyses.
Just an update from what I shared last week on these long-term trades. Bias is still bearish. I will update if something changes my original analysis.
Further confirmation to the original post and looking at 1712 from where we are at. I do take notice of Cloud Span A starting to curve northward. Right now everything is still pointing to bearish control.