Institutional
[ALERT] Bearish megaphone on the ultra important 1.000 lvl Hey everyone,
today EURUSD is flirting with the 1.0000 lvl which is ultra important psychologically for investors and institutionals. Bearish momentum is strong since its been week that price fall, meaning we are in a bearish trend which give more consistency for this trade.
Currently price is stagnating and forming a megaphone pattern which can lead price to 0.98 extremely fast because of crowds movements and institutionals. I would take a short when the megaphone will break and aim for the target. Tp's are also set on chart.
Moving averages are crossing bearish as well, everything indicate that this setup is of great quality and must have a high winning rate
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The bears finally take control of the Dollar.Hello traders,
Since the formation of the 3 swing highs which indicate a reversal in price, the price went into consolidation the entire of last week and respected the bearish Order block and also retested the breaker.
The retest of the breaker signifies that more sell orders are being taken by the Institutional traders.
Additionally, the high of last week was formed at the Institutional price level of 104.800
I expect a significant drop in price this week as the price goes ahead to fill the liquidity void below.
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EUR/USD 1H FOMC TRADE ANALYSISHello traders, I will first preface this by saying trading FOMC is not recommended and this is simply a price action exercise. Moving on to the interesting stuff, this is what I see FOMC producing if we get a bullish leg first. Price will likely run up towards the low of the bearish mitigation block seen on the daily chart, this block contains an hourly bearish order block where institutions can add onto their already bearish positions. Volatility will most likely be extremely high with this FOMC announcement, therefore if price does go according to this analysis we could see targets for partials at 1.03578, 1.03341 and if price really gets away the monthly bullish fair value gap could fill all the way to 1.02500. Ofcourse, price could simply immediately fall from its current price at 2pm EST and never give a chance at entry for this trade idea or the stop loss for this trade could be hit, this is trading, anything can happen.
P.S This post may feel rushed that's because it is, I wanted to get this published before the FOMC announcement. However, I will be sure to provide a more detailed analysis of my idea once I have more time. May the markets be with you.
CNX over key pivot to reach ATHsCNX has shown great strength recently and broke over $23.33 pivot to hit new ATHs yesterday; volume has also increased, having shown volume dry up during the accumulation phase. The U/D ratio on this ticker is also good and suggestive of institutions buying this stock up.
Institutional Traders Turned BearishCoinbase premium has significantly dropped to the negative territory. With more institutional traders on Coinbase and more retail traders on Binance, the Coinbase premium over Binance’s BTC price has been a good gage of the institutional trader sentiments. Institutional traders have been willingly paying premiums throughout the past 2 years of crypto market boom and have just recently started trading at discounts. This is a sign that institutional traders are more bearish than retail traders in the current market.
While we could have relief rallies in the meantime, the return of institutional faith in the market is needed for any significant uptrend. In both the 2019 and Covid bottoms, the Coinbase premium turned significantly positive, which we have a long way from in the current market.