Marketstructure
BTC-USDT Long Term Perspective leading to bottom of bear marketThis chart has been saved now for a month since I noticed the correlation and started suggesting we could see the move start to play out and it has now started the first leg of the run down which correlates right around this March 20th spring equinox, which all adds up to the fibs in the charts. Fib cirlces is not a metric I see many people mess with, but I have found in all of my relative experience that anything fib related seems to be some of the most accurate measuring units, whether its simple fib retracements/extensions, or more advanced metrics such as circles, channels, wedges, etc. which I assume has to do with the fact that fibs in general are based off the mathematical idea of fib sequencing which is based off of real life patterns seen amongst all things in the natural world. This is also why I like to give fibs the benefit of the doubt more often than not due to the fact that I personally believe anything that can be seen in nature with the high volume we see fibs for example, has to have some bearing when compared to charting, which we all know is based highly off of raw human emotion, therefore giving this chart the respect I have since noticing the pattern. I believe we will see more downside, and I do believe we will bottom right around 9.5 as there again is correlation, once again finding 3 specific points of confluence, just as noted with this last drop in the market that started the last 24 hours and is still playing out. We will see bounces that serve as more bear market relief rallys, but that is all these small points of upward movements are. Therefore is you are a long term style investor, that information would suggest waiting for more downside before DCAing into your position, or however you prefer to invest. And for those of us who daytrade, swing trade, scalp, etc. know that this will not go straight down but will crab as usual, with waterfall drops playing out during the continued downside, which I give until the fall equinox this year. Therefore, expect the bottom to play out in the fall sometime, before we finally see sustainable higher highs, etc. I will update weekly, but wanted to start by giving a brief macro synopsis, and apologize to anyone who finds this informative that I did not publish this sooner. I am just now learning how to do all this publishing stuff and so bare with me, no pun intended.. lol. but seriously, I am sorry as I have been posting non stop now in the chat for a month and just hope there was at least one person I helped either to make money, or refrain which in return helped them from losing money, which I have learned in my short career of trading for a living, that more times than not, saving money by not entering has been so crucial, often times way more so than that big trade that realistically only happens a couple times a month. The majority of doing this for a living is having the patience to wait for these solid moves, which I wish I knew when I first started. (that and the fact that any type of larger leverage will be your death) - Learn to trade with 5x or less and thank me later. Anyways, back to the point, I will upload as much as needed for hopefully anyone looking to get into trading, or more specifically interested in BTC, I hope my idea from here on out play as a beneficial piece to your success, and look forward to any criticism as that sharpens my skills, and of course questions or praise are gladly accepted.
-Alex
This Is How GBPUSD Will Likely Move In Coming Months | Be Ready!I have published this idea to give you a general view of how to look at GBPUSD in the meantime ..
Please do consider that this is an estimation of how price might move, given the current conditions and market outlook and that may change and it's not stable..
A confirmation must occur before determining every leg of the moves shown on chart, and confirmations of lower timeframes is obligatory..
This is the general view of what we might expect price to do.. make sure to hit a FOLLOW to get updates and confirmations right away💥
What's your view on this pair and DXY in general?
GBPUSD I Short-term intraday shortWelcome back! Let me know your thoughts in the comments!
** GBPUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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DXY$DXY After top down analysis i'm looking for DXY to continue to the downside after Fridays retracement.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
EURCAD I Target REACHED! 60 Pips!🔥Welcome back! Let me know your thoughts in the comments!
**EURCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
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 -$650, clearing liquidity and mitigating an old bullish OB.
Enter back into its range, then the new trend begins.
I hope this helps!
My GOLD map idea.hi all,
TGIF & I wish u a great weekend ahead!
I see a good entry opportunity for short with a very good R:R, also this is my view on gold for upcoming weeks & months.
of course, a Higher High structure on high timeframe will invalidate this forecast. my stop for current position is above 1853.
trade well,
Alex
Sniper Trading System EURUSD SET UPOur 12 AM 1HR Candle is GREEN indicating we are looking for the BEARISH play.
Narrative: We want price to continue to sell down to the 3rd Standard Deviation and sell to the break out traders at a discount:)
So we can trade today's price action BOTH ways. We sell to to the 3rd Standard deviation taking partials at the top and middle of our standard deviations.
Once price hits the bottom Second Deviation we begin to pull our profits and hunt for the BUY!
The DXY is strong right now that's further confluence for our sell to the bottom extremes.
Never over Leverage.
Trust your set up.
Have Fun!
Everybody Eat$
I AM Trading Made Simple.
Master Jedi & Sensi of #SniperGang
GBPCAD | Elliott Wave Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
The way I told you, you have to trade like this and you will have more profit always and you will not be a loss.
GBPJPY WEEKLY UPDATE 24/2 - 3/3Hi all
Weekly recaps:
The price of the GBPJPY has reached the 50% fibonacci level from the previous high of 172.129 and low of 155.350 following a breakout consolidation level (please see earlier post).
GBP/JPY needs to hold above 161.802 until this week's market close in order to continue its upward movement.
So, I expect that price will end the breakout pullback and begin a long position with 164.xx as the target.
Let me know what you think In the comments!
My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills.
Thanks a lot for your support.
GBPUSD TRADE IDEAhi all
GBPUSD in weekly TF, no truncation between waves 3 and 5, as in the previous two cycles.
Can the price fall to 1.1797 in a few weeks?
My trading strategy is not intended to be a signal service. It's a process of learning about market structure and sharpening my trading skills.
Thanks a lot for your support.
BTC and the key level of 25,200. How to make money?Hello, everyone! Today we’re going to break down two things: the probable key level for BTC this year, 25,200, and what you can expect from the market in general if you have a medium or long term strategy.
A short story to begin
The 25,200 level was formed in early August 2022, when everyone stopped talking about the bankruptcies of 3AC, Celsius and several other companies. You could consider the 25,200 level a fair price for a neutral market in the current world economic realities. Then we had a fall due to the aggravation of relations between China and Taiwan, a small increase due to the Ethereum Merge in September and the FTX/Alameda crisis, panic sellings and general apathy. From this moment the set of positions began. It lasted almost 2 months until January 9, 2023. Then a local bullish run to 25,200 began, with one stop at 20,000-21,000. And now we hit the 25,200 level again and no one knows what will happen next
THE MAIN PART
1. All of the collapses and bankruptcies of 2022 were a surprise to all players. Each new crash was a great surprise and forced all participants to actively rebalance their positions. The example is Jump Trading and its fiat balance that was ~50% at the time of the FTX crash, even though the normal fiat rate since the Terra/Luna crash was ~30%. In other words, even the biggest players were influenced by the market and depended on the situation.
2. There is every reason to believe that it was the big players who were the main contributors to the November-January position set. After the FTX collapse, the market reached the peak of fear, the only thing that could push the market down even more at that moment was Binance/Coinbase fall, or crypto ban in the USA. Considering how quickly Binance worked and how actively Coinbase was in the process of personnel reorganization, the probability of their fall was extremely low. Also, all regulators mostly blamed SBF and executive team FTX/Alameda; there were no ideas to ban crypto in the rhetoric of regulators. Spoiler: it was introduced later and partially in the form of a stacking ban for US users so the companies would not be cheeky and would think about what they were doing. In general, the risks and probability of a bigger crisis were very low and the big teams understood it very well, that is why they started to set positions.
3. Logically, it will be clear that the level of 25,200 is most likely the most favorable level for the large participants – the beneficiaries of the fall. The price near the level of 25,200 allows you to easily sell those positions that were not sold after the collapse of 3AC/Celsius and the fall of FTX. Which in turn will take some time. After that it is only left to figure out what to do with the bad positions from the time of the Terra/Luna fall, to correct the balance of assets and build a smooth strategy for the future.
OUR BETS
The 25,200 level is completely artificial and created to sell over margin longs from 16,000 - 17,000 and sell problematic positions from the 3AC/FTX times.
After selling positions at the current level, the market will go down to 20,000 - 21,700.
After that, within 3-4 months, we will get to 30,000 - 32,000.
We should expect some interesting price movements, namely long/short squeezes.
The big players have learned to work with the risk of bankruptcy and the risk of regulators' influence: Genesis and the SEC bans are the best examples of that. Besides, there are very few of these risks left and a skilled team of analysts will be able to keep track of them and come up with strategies to work on them.
Asian liquidity will be a growth driver.
Share with us your forecasts on BTC and tell us what topics you want to be analyzed by our team , and we will write about it.
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