10-Sep-24 UpdateI think the market will be drawn towards $60K like a magnet, then once the demand is exhausted in that liquidity pool, we could see a rapid drop to a lower low.
longer term view:
Fractal
XAUUSD - late day moveHate the late day moves.. I am not participating at this time of the day, but looks like it's winding up to go higher without me!!!
10-Sep-24Today's bull run caught me out, but I've re-entered short since I expect price to drop faster following today's spike. I'm still looking for a H&S with a head at a lower lower
Longer term view:
Bitcoin's price action is strikingly similar to Gold'sBitcoin is following the same price path from the 2021 cycle peak to present to Gold's price action from the 2011 cycle peak to present. When you factor in that Bitcoin trades 24 hours/day and 7 days/week it makes sense that the timelines would be compressed. I'll be following this fractal to help guide me on possible short term Bitcoin price action. I believe there's a case that Bitcoin will revisit the 42K area in the short term, but have a strong reaction off those lows to reclaim the $50k range.
Shifted bearishFrom the bullish market price mitigated the 4h order block at 0.84736 and reduced to provide us with displacement. The shift engineered a flip to supply zone for a bearish distribution. With the two break of structures in hand, this data tells us that we have a strong bearish market. Looking for a hike to sweep the liquidity and mitigate the rejection block for a clean bearish entry at 0.83955, with stop loss at 0.84355 and our target at 0.82155…
XAUUSD 9/9/24💹 Commodities:
👁️ Outlook
Daly Bias: Bearish
Tokyo: Distribution
London: Accumulation into Manipulation
New York: Expecting Distribution
Keeping an eye on this. 👁️
NAS100 9/9/24💹 Indices:
👁️ Outlook
We are currently inside the Daily range.
Tokyo session we accumulated
London Session we accumulated into distribution.
New York: I am am expecting price to manipulated and take out some London highs before our distribution down lower where I would look to enter.
Keeping an eye on this. 👁️
9-Sep-24I'm expecting a series of higher highs and lower lows to repeatedly expand the trading range by seeking liquidity in both directions.
This could result in a megaphone formation, eventually ending bullish.
Longer term view:
XAUUSD Outlook💹 Commodities:
👁️ Outlook
Long Term time frame (5hr): Gold is currently inside this 5hr range. We failed to break into higher prices last Friday NY session and took out Thursdays low. I believe we will be seeing lower prices from Gold down to 2470.850.
Intermediate time frame (30m): I would personally look for shorts on Monday London or NY if I was trading Gold.
Price is just not convincing and we have big money coming in on the other side. I am Bearish on Gold until it shows strength to the upside again.
Keeping an eye on this. 👁️
SPX500 Outlook💹 Indices:
👁️ Outlook
Long Term time frame (5hr): We have been breaking bearish on the 5hr and showing strength to the downside.
Long Term (5hr): Price however is over extended and needs to build liquidity over the week.
Intermediate frame (30m): This is what I am expecting for the sessions to look like by the time its NY session.
I believe we could be seeing longs for the start of the week on Indices to build that liquidity. I will be looking for longs Monday NY session depending how price looks at 8:30am EST.
Keeping an eye on this. 👁️
NAS100 Outlook 💹 Indices:
👁️ Outlook
Long Term time frame (5hr): We have been breaking bearish on the 5hr and showing strength to the downside.
Long Term (5hr): Price however is over extended and needs to build liquidity over the week.
Intermediate frame (30m): This is what I am expecting for the sessions to look like by the time its NY session.
I believe we could be seeing longs for the start of the week on Indices to build that liquidity. I will be looking for longs Monday NY session depending how price looks at 8:30am EST.
Keeping an eye on this. 👁️
Looking at NZDUSD Price ActionsLet's Read the NZDUSD Market Price Actions and Decide to What gonna do in next days, Good Luck With Your Trades <3
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DOGSUSDT ( next move possible )Doge will be pump again
But from witch area ???
The Best and Save AREA is 0.68 & 0.38% of Fibo ...
So dont sell your dogs and waiting for next pump and sell it after it ... 🔥🔥🔥✅
BTCUSDT This is my idea of possible will happen to BTC
The price is currently creating liquidity at the ltf and possible to touch the breaker Order block at demand zone. Once the price taps into the order block to the demand zone, there's a possible to bullish.
Or
If the price will continue go up to make break of structure, I think the price will tap the 4H order bock
Bitcoin Bull Run Continues?My expectations from the previous post have materialized, and the price of Bitcoin has dropped again into the price imbalance zone below 53,500. My expectations for Bitcoin's price next week are as follows: due to negative economic news, the stock market will likely continue to decline for several more days starting on Monday. Since Bitcoin's price correlates with key indices like the S&P and Dow Jones, there is a high probability that Bitcoin will continue to decline, potentially reaching as low as 48,900.
If we look at the Long-Term Holder Realized Profit/Loss Ratio 7D indicator, which unfortunately is not yet available publicly on the TradingView platform, based on this data, Bitcoin is currently in an accumulation phase before a major growth season. Similar patterns occurred during the 2011 and 2021 market seasons.
Looking at GBPUSD Price ActionsLet's Read the GBPUSD Market Price Actions and Decide to What gonna do in next days, Good Luck With Your Trades :D
Read The EURUSD Price ActionLet's Read the EURUSD Market Price Actions and Decide to What gonna do in next days, Good Luck With Your Trades <3
