My today's view on NQHi Traders,
This is my view for today on NQ
The main structure on a middle term perspective remains bearish, anyway12460 could be today's target where this strong bullish impulse could ended.
I'll personally wait for a retest beside yesterday's POC before opening a Long position.
I remind you that this is only a forecast based on what current data are.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit, Trading Kitchen
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
———————————
Liquiditytrader
DXY Bearish Longterm.Back in May of 2002 price created an imbalance in price for Dollar Index (Monthly Chart). Price had only participated in sell-side delivery, leaving behind buy-side inefficiency. Since that time price has returned to that Monthly SIBI (Sell-side Imbalance, Buy-side Inefficiency. Fully closing the imbalance, making price completely balanced. From that strong Point of Interest, price has reacted aggressively to the downside. It is of my opinion that the Dollar Index is long-term bearish.
Short-term i'm under the opinion that the Dollar Index is Bullish, and heres why. Last month price dipped into another monthly imbalance in price...to the upside. I believe this is the first retracement leg for the overall Long-term bearish move.
I am bullish DXY until price reaches equilibrium of the most recent monthly range swing high and swing low. Primarily I would like to see price retrace to the .62 FIB for what I believe to be an Optimal Trade Entry. Perfect for Position and Swing traders.
For Day Traders/Intraday Traders, I will be anticipating price moving lower to attack sell-side liquidity, then take price all the way up to the level prior mentioned. Ultimately I will buying into the sell.
What this means for me is that I will be firstly selling Foreign Currencies paired with the Dollar (i.e. EU, GU, AU etc...) to later buy them once DXY reaches the specified Point of Interest. (.50 FIB/.62FIB or a close of the Monthly -FVG)
I hope this idea helps you with your trading. Bless.
Market Maker Model on ETH Turns Out Super Bullish!Revisited the Price Action and identified a much clearer vision of Liquidity, Consolidation, and Direction.
Somehow, Ethereum has been very very very precise in its price and as to where it is headed.
This diagram shows the Market Maker Buy Model that happens in all timeframes. It cannot be more precise than this.
Ethereum expected to reach as low as -$650, clearing liquidity and mitigating an old bullish OB.
Enter back into its range, then the new trend begins.
I hope this helps!
BTCUSDT time to retracement?Recently, the market has created equal highs in the 25k area, where there is also a daily supply level. This indicates that there is strong resistance in this area, and that buyers have struggled to push the price higher.
However, there is potential for the market to grab new liquidity from the 22-23k area, where there is a 0.786 Fibonacci level. This level is often seen as a strong level of support, and if buyers are able to push the price higher from this level, it could signal a potential shift in market sentiment from bearish to bullish.
It's important to note that this scenario would only be invalidated if the price were to create a breakout from the 25k area with confirmations. A breakout above this level could indicate that buyers are able to overcome the resistance in this area and push the price higher.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
My today's view on NASDAQ - 03/02Hi Traders,
This is my view for today on NQ.
Trend is Bearish since a long time. We're approaching potentially a high reversal zone around 11.700.
Until that I'll stay Bearish, then wait for a confirm. Continuation or Reversal.
I remind you that this is only a forecast based on what current data are.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit, Trading Kitchen
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
———————————
My today's view on NASDAQHi Traders,
This is my view for today on NQ.
There's a lot of liquidity to grab around 12200 (probably during US Opening).
Target 12000
I remind you that this is only a forecast based on what current data are.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit, Trading Kitchen
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
———————————
ETH SHORT SCALP ASIAN RANGE HIGH TO PRICE ARRAYS BELOW AR50Day's Bias: Bullish
Plot:
Descending Channel formation pattern.
Price expands in the Asian Session, price is expected to return close around it's 50%.
Price Arrays below AR50 to enter longs.
If I am right that we reached the top of Asian Range, price is going to mitigate price arrays on or below its 50%.
Bounce off AR50 within London or NY Sessions will be explosive.
Taking this Short Scalp and setup a Long right below AR50.
ETH Long Scalp Setup OTE Asian Low - Re-EntryDay's Bias: Bullish
Plot:
- Re-Entered after price shows a long entry setup after taking out short-term low liquidity.
- Setup model, Price takes out Asian Range Low by London Session to go higher and take out buy-side liquidity.
- Price Consolidated right above unmitigated optimal long entry before London Session.
- Asian Range cleanly sets up buy-side liquidity targets before NY Session ends.
- Day's Bias based on candle stick analysis.
- Price consolidates and shows strong willingness to seek higher prices after reaching OTE .
- Highest target Previous Day's High.
Today's view on NASDAQHi Traders,
This is my view for today on NQ.
Just a little bit uptrend for today just to reach possible BEARISH reaction zones.
Target around 11870.
I remind you that this is only a forecast based on what current data are.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit, Trading Kitchen
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
———————————
ETH Long Scalp Setup OTE Asian LowDay's Bias: Bullish
Plot:
- Setup model, Price takes out Asian Range Low by London Session to go higher and take out buy-side liquidity.
- Price Consolidated right above unmitigated optimal long entry before London Session.
- Asian Range cleanly sets up buy-side liquidity targets before NY Session ends.
- Day's Bias based on candle stick analysis.
- Price consolidates and shows strong willingness to seek higher prices after reaching OTE.
- Highest target Previous Day's High.
Short Scalp After Daily Bias Order Flow Shift BearishBias: Bearish Daily
Plot:
Price weakens and shown signs of reversal to seek sell-side liquidity after hitting an old Order Block as Resistance.
Price Daily TF forms lower high.
Price has never confirmed with Asia's 50% if may continue bullish.
Price strongly seeks sell-side liquidity until Daily TF Shifts Bullish again, but not likely as price had been going high for over a week without any good retracement.
Entry was an ICT Mitigation Block. Confirmation once price hits the Propulsion block and confirms moving downside.
ETH SHORT SETUP OFF A RESISTANCE GAP/BLOCKBias: Bearish
Plot:
Price retraced up and falls off a rejection block in HTF.
A liquidation buy side and strong rejection after.
A gap was created off behind an OB also from a previous OB that was violated.
Price returns under this old OB Area and turns into a resistance GAP/Block.
Entry behind OB right below GAP.
NASDAQ: my view for Intraday and SwingHi Traders,
This is my view for this week on
NASDAQ
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
———————————
ETH SHORT SETUP FROM RETRACEMENTDay's Bias: Bearish
Plot:
Previously a strong drop from a rising wedge pattern made a strong bearish impulse move leaving huge amount of gaps along the way.
Price recently shows bullish momentum on the lower TF signals the retracement within 50 to 61.8% to take out some of the gaps.
Price momentarily consolidates exactly at the retracement area.
Price created liquidity pools and has been taken out.
Today Asian Range has the highest probability of no longer being revisited to continue another bearish impulse move.
After price revisits 50% of the Asian Range multiple times, then creating a displacement leaving small gaps to be revisited before it continues towards the expected direction.
NASDAQ: My Weekly OverviewThis is my view for this week on NAS100 .
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
———————————
ETH LONG ENTRY ASIAN RANGE HIGHDay's Bias: Bullish
Plot:
Strong bullish move from yesterday, then a healthy retracement by end of NY Session.
Strong continuation based on Asian Range price action.
Long entry found upon price's return to Asian Range High in the London Session at 3m TF.
Crypto Screener: Strong Buy all TF.
Target 50% retracement from an old HTF bearish swing.
Trade shall be closed upon reaching the target or end of NY Session.
ETH SHORT USING ASIAN RANGEDay's Bias: Bearish
Plot:
Asian Range Implementation
Price takes out Asian Range High liquidity while mitigating GAPs.
Obvious liquidity build up below last LTF Swing.
Price to take out LTF Liquidity to finish the HTF Retracement before looking for higher prices.
Trade shall be closed upon reaching target or by end of NY Session.
ETH LONG AS RETRACEMENT TO GAP ON HTF DOWNWARD IMPULSE MOVEDay's Bias: Bullish
Plot:
Expecting return to opening price where a gap can also be mitigated.
HTF Equal Highs are obviously being targeted.
Price reaching for the GAP left from HTF down thrust.
Expecting a Long Setup to occur within London Session.
Trade shall be closed when TP reached or by end of NY Session.