ETH-All eyes on all time highsGood Morning traders.
Todays chart will be basic in nature at the narrative can be easily shown.
If you have been following my forecasts you would have seen that I was calling for an impulsive move as we stacked orders and any pullback from the high would only be short term before a push higher.
We didn't even get a pullback, it was just a push higher. The whales ate the the short liquidity.
The next target is the ATH, this rally has been explosive so a pullback is always possible but with this momentum I can see the ATH being taken in the next 7 days (depending on how BTC reacts)
As always trade safe.
EnvisionEJ
Funded
EU bullish through the Asian SessionGood Morning traders!
Yesterday was a slightly choppier trading day, with a UK bank holiday. However things picked up later in the day once NY opened.
Looking at todays PA was have had great bullish momentum in the Asian session.
We are in both a 15min and 1hr buying range. However orders haven't been protected for this momentum to continue. A deeper pullback to the Asian lows and into the discount section of the buying ranges would offer and excellent place to get long with great RR before the high.
I have also marked a range above, this was never mitigated and should we push through the high would offer a logical spot to enter shot/TP
As always trade safe
EnvisionEJ
ETH stacked orders are food for whales!Good morning traders!
Yesterday was a choppy day for me in the FX markets and ETH continues to develop.
I have zoomed in the PA to give you a better look. The yellow markers are highs and lows stacked together.
To the average retail investor these show where price has turned and therefore and good spot to place a stoploss.
However to the big whales they see liquidity, plain and simple, places to fill orders either selling or buying.
The longer the orders stack the bigger the move will be....
As Always trade safe
EnvisionEJ
A fresh week and fresh PAGood morning traders!
Hope your weekend was good and your weekend reviews gave you insight into your trading last week.
Looking at todays PA I still think we need to wait for further development.
The large bullish move Friday left lots of imbalance behind and many unprotected orders.
On the Daily TF we have now broken the downtrend and have moved to a daily buy range, this signifies a return to bullish momentum in the market.
I will be waiting for further development before entering any trades.
As always Trade safe
EnvisionEJ.
Explosive ETH move incoming?Good morning traders and welcome to a new week!
ETH continues to follow the forecasts I outlined last week. We are deep in the daily range that was never mitigated and we can see orders being stacked in both directions.
This only means 1 thing, a strong move is coming, stacked orders mean liquidity for whales to move orders, moving big orders makes big market moves.
I am still expecting a pullback in this overheated move up before the market continues higher, however with this much liquidity stacked anything is possible.
As always trade safe
EnvisionEJ
Another week nearly done~Good Morning traders!
Another week draws to a close!
Yesterday was a stellar day in the markets for myself and other traders in our community!
Looking towards todays PA, we can see the rejection from the daily range present (its still marked, because its still valid)
Currently we have built bullish momentum through the Asian session. We new a bullish move was coming thanks to the LQ for higher prices marked. We have both a 1hr and 15min buy range pushing prices higher, I am expecting a retracement from this high, before pushing through later in the session before again selling off. This will provide many opportunities in the market (as we get most days)
As always trade safe, EnvisionEJ
Potential ETH Bearish move underwayGood morning traders!
Yesterday we had a reasonable selloff, this was spoken about in my prior forecast.
I expect this momentum to continue for a few more days before we again pop higher (also as forecasted yesterday)
The market never moves in a straight-line and pullbacks and shakeouts provide more liquidity for larger moves.
Orders continue to be built in the current area and an explosive move could be on the cards soon.
As always trade safe, EnvisionEJ
Short Term BUY on US30US30 is moving beautifully with Elliot Wave Theory so far this week. Here we see a correction after the W3 impulse then bottoming out to complete the W4 structure. Now we're starting to form a really nice sub wave within the last impulse wave on the higher time frame(W5). The sub wave (1) shot up then came down to create sub wave (2), which rejected the 61.8% fib level to the T. What we can expect now is another impulse wave upwards to simultaneously complete the Short Term Wave Count and the Longer Term Wave Count. A safe place to take profit would be the sub wave (3), which I've marked "35710".
Another amazing day of opportunity Good morning traders!
Yesterday was another action packed day in the markets with traders in our community taking full advantage of the opportunities available.
Today will be no different: We are still in the daily selling range.
Looking at the current PA we have pulled back right to the midpoint of the daily range which was never mitigated. We have created EQH in the low volume hours and a slowly working our way down. A sweep of the lows before pushing higher would act as the perfect catalyst for shorts.
As always trade safe.
EnvisionEJ
ETH pullback before new ATH?Good morning traders,
Todays Crypto forecast is for ETH.
Currently we are in a STRONG move up, this momentum will be sucking in new traders and new money each day.
What does this mean? Looking at the current PA we can see a pullback is due and we are right in the target zone of a daily range which has yet to be mitigated.
Currently I am expecting a pullback to the marks range before targeting the highs. Overall the momentum is certainly bullish but in the short term I expect a pullback, BTD because this could be the last chance for SUB 10k ETH...
As always trade safe EnvisionEJ
Could the bearish daily trend be about to continue?Good morning traders!
I trust your week has been good thus far, yesterday offered some great trades with members of our team getting involved.
EURUSD is still in a daily selling range and we have now had a mitigation of the daily range marked up a for few forecasts ago.
Looking at the lower TF we are in a 1hr sell range and 4hr buying range.
Price is currently in the discount of the 4hr buying range. A sweep of the Asian lows and mitigation of the edge money range would offer a great spot for a long, alternatively a move back to the highs and a selloff would offer great selling opportunities.
Whatever does happen I will remain Neutral and trade the market in the moment.
As always, trade safe EnvisionEJ
BTC Decelerating into an unmitigated area.Good morning traders!
The BTC forecast remains the same as yesterday-are we reaching the top of the current run up?
Currently the signs are pointing to yes, we are decelerating into the back edge of the daily sell range.
Do I expect a deep pullback-define deep? A pullback to the area marked with the yellow circle would mark be a pullback to discount on the weekly along with a retest of a strong range which was never mitigated.
I do expect bullish momentum to continue after a pullback, again pushing for ATH.
As always trade safe.
EnvisionEJ
Will the bullish momentum continue?Good morning traders!
Eu continues to creep higher on the 1hr, even though we are still in a daily sell range. Looking ahead I see a logical spot for price to push too before resuming the downwards momentum.
Drilling down to the lower timeframes we could get a lovely long trade with a sweep of the lows into demand and under the 1hr equilibrium.
As always even though I will be looking for longs I will remain neutral and trade shorts as they come (a possible sweep of the highs)
Trade safe, EnvisionEJ
Crypto continues to climbGood morning traders!
Todays forecast is very similar to yesterday.
As we push closer to the edge money at the top of the daily range I expect a pullback, this pullback should be the catalyst for our next leg higher targeting the ATH we are also right around the psychological level of 50k. This is significant because media outlets will post about it, this could bring an influx of new buyers or easy fodder for whales.
As always trade safe, Envision EJ
Bullish Mondays!Hello traders! I hope you had an excellent weekend and learnt as much as you could from the week priors pa.
Todays PA is clearly bullish on the 1hr and the 4hr, so longs will be targeted.
The daily is still in a sell range and we have moved up within the possible mitigation of the recent PA however we aren't over the premium of the move.
To the left we can see the circled PA in yellow, which will need to be filled at some point, this fits with a long bias into the shorting area.
Although we have both a 1hr and 4hr buying range I will remain Neutral and trade the PA as I see it at the time, this could lead to shorting opportunities should they develop
BTC analysis-We are reaching a crucial area!Hey guys! I thought I would start doing a second forecast using the same principles I use for EURUSD trading-as they apply to all markets!
We are reaching a KEY area on the BTC daily chart, we are still contained within the daily sell range and are now reaching the back of the range that started the initial move, price has been rallying for some time without a decent pullback.
If we do encounter a pullback in this region we have a strong range lower that was never mitigated either this could offer some resistance and a path up still.
If the current block fails-I can see us reaching for ATHs again.
As always Trade safe
EnvisionEJ
The weekend is when the deep work happensWhat do you use your weekends for?
The Forex markets are closed, but your mind shouldn't be. This time is best used reviewing and learning about the week before.
Take this trade for example, it had it all-5min Buy range, Change of character, BOS, 1min buy range, pull back to the equilibrium, pull back to range impulsive move. This happened later Friday night my time, however by reviewing it I get to see how good this trade would have been for those awake.
As always trade safe, I'll see you on Market open!
EnvisionEJ
The only way forward to is anticipate many optionsGood Morning traders!
Todays forecast is fairly similar to yesterday, I will keep it short and sweet
We are still contained in the 4hr and 1hr sell ranges-price has simple ranged the past 2 days.
This means orders have been built in at current price so we should expect a move, when this will be, I can't say but I will be ready.
Looking at the current PA, a sweep of the Asian session highs into the unmitigated range roughly 10pips above current PA could give a great sell opportunity. Likewise the same sweep into the higher range would be excellent, but I find this less likely.
We have also built some liquidity under the current PA seen with the blue LQ line.
I wont be rushing into the markets today and will let price show its hand first.
As always happy trading
EnvisionEJ
EU analysis coming into London openHey guys, hope the week has treated you well! this week so far has been very successful for myself-achieving 100k funding with theproptrading!
I am unable to record audio at this moment so a text update will have to do.
I've had written the ranges for the timeframes we commonly uses in the middle of the page.
Looking at the 1hr we have swept MANY lows to the left on the 4hr and daily and we are currently in a bullish range.
I will be looking to see how we reject on London open, a move back to the lows with a sweep and targeting the small marked range would be IDEAL for a long. The 2 yellow circles show gap slip which will be filled.
I have also marked 2 ranges above current PA which have yet to be mitigated if we do get reactions here I will trade short accordingly.
Trading is about remaining Neutral OR have 2 biases and thinking 1 step ahead of the market.
Happy Trading EnvisionEJ
EU analysis coming into London openGood Morning Traders!
Sorry about the lack of post yesterday, I will make it up to you with an in-depth post today.
Currently we are in a daily downtrend leaving unmitigated ranges on the way down-these should be filled for efficient PA to continue.
We are also in a 4hr selling range as seen by the overall red box, I have marked 2 ranges that have yet to be mitigated.
My Preferred entry would be the sweep of the Asian session lows as we are in the daily demand area and working our way towards the edge, we also have some nice liquidity above to be run, and EQL under the current PA to be swept. This would give a great long entry an excellent area.
If this doesn't happen we still have an unmitigated range marked in green, above for a sell, I don't like this as much as its not selling at the premium of the overall 4hr range, however I must trade the PA as I see it.
The 3rd entry potential is the top range marked in green, this is with the overall momentum, unmitigated and at a premium of the entire run, it would be a no brainer sell area for me-but I expect it later in the week.
As always trade safe and reach out in DMs if you would like to know more about what we do at envision.
Eu Price action analysis coming into the London session Good Morning traders and welcome to another day!
Today EU is providing us with LOTS of information about potential moves.
Currently we are in a daily uptrend, however the 4hr and 1hr are in down trends.
We can see a recent push to the downside, this has created a sell range. We have a GREAT 15min range to target where the move initiated from. Also Equal highs (theses provide liquidity for banks to sweep).
Along with the EQH we can also see liquidity being built for a downside move. Price is pulling back from the Asian high which is also an EQH. I expect the market will push through this area, "sweeping" the range and push into the 15min range. At this point I will be targeting a sell-it would be a no brainer.
While I am bias to the short trade here-the daily does have upside momentum which I wont lose sight of.