BTC back down to 23,000 ????? If so next stop 24,800So Initially I went long after my measured moves played out, then upon further review, I decided to jump in the short, why? I have a measured of 23k for btc in addition the speed of the candles tells you what is going to transpire. I they were going to move price back into the zone it would have happened already, in my humble opinon, the fact that price has essentially stalled out should speak volumes to you. Can they price back to the zone of course, however what makes more sense, we are heading into the weekend where we all know the liquidity will be extremely light, plus most of the bigger moves happen over the weekend. Tight stops outside of the zone, patience is critical, happy trading folks
Mastertrader
BTC Down, Call me Mr. BigShort...Bitcoin back to 25,500In case you have not figured it out, Bitcoin is coming back down without a doubt, sure there pump fakes and liquidity traps along the way blah blah blah, but the point is we are going lower, I don't want to scare you with the real number, but your boy here does number's Trust. Next stop 25,500, set your stops outside of anywhere price has previously wicked to. Happy trading folks
The Algorithmic Script for BITCOIN TODAY!!!!!Our 12 am SR Candle indicates that we are BEARISH but the algorithm will raid EXTERNAL Liquidity BEFORE the main move NORTH.
The ADR of Bitcoin is approx 63 pips.
Today's MZ was 16 pips which gives us roughly 47 pips to SNIPE when price leaves the box.
Therefore price is currently raiding EXTERNAL LIQUIDITY to the 3rd or 4th Standard Deviation (not included on this chart) :)
Once Price reaches the extremes annotated in the chart: it will then consolidate and begin to give up the W for the reversal later this evening
going into tomorrow.
Never Over Levergage.
Trust the set up.
Have a Great Weekend!!!
EYES ON EURUSD Sniper SetupTonight, I am looking at this setup on EURUSD.
Once the algorithm presents its mode during Tokyo / Sydney, we will have more information on whether this a potential long or short opportunity.
I have notice that the market tends to play between bank levels that are set during the previous sessions.
I call these levels true support and true resistance.
Most traders mark up from what is perceived to be places in the market where it bounces / rejects from multiple times but if deeper analysis is taken, one may find that these levels that the market is bouncing from may be session highs or session lows.
Understand that these are the levels that are agreed upon as a premium or discount buy or sell zone and that the market switched algorithms at this points and places.
If you would like to move with the banker's algorithm, you have a much better chance of catching the money train if you enter at the prices that they set as major areas of institutional interest.
EURUSD IS GOING UP!!!!Price will always consolidate to accumulate buy and sell orders aka MONEY at structure areas in the market before it breaks in the direction of the Bias for the day.
Price is BULLISH on the higher daily TF so we are staying true to that analysis. Today there is heavy news so price is very volatile today.
Never over leverage.
Trust your analysis.
Have fun!!!
I AM PRO TRADING MADE SIMPLE: Master Sensi and Master Jedi at #SniperGang
EVERYBODY EAT$!!!!!
WHEN PRICE WANTS TO GO HIGHERWhen we are BULLISH and price wants to go higher it will create a TRIANGLE. After the TRIANGLE is Complete at a Macro PP price will consolidate and accumulate buy & sell orders aka MONEY aka LIQUIDITY.
Once this accumulation is complete price will then head north and take out the previous high. Once this high is taken out it will reach for more liquidity aka buy stops above previous structure areas. Once
these levels are reached price will then begin to stall and show signs of reversal (wicks, doji candles, consolidation) This is when we begin to look for the M set up and the DROP.
Never over leverage.
Trust your analysis.
Have fun!
FOLLOW THE DXYThe markets are heavily influenced by what the Dollar aka DXY is doing. When the DXY is soaring going UP US BASE pairs go down. When the DXY is going down US base pairs go up. Simple as 123.
When you study the DXY and begin to chart it and learn how it moves it will give you the best overall objective view on what the markets will do especially US BASE PAIRS.
In this DXY chart mark up on the weekly we can see the DXY is cleaning all liquidity and headed toward support around 103.400. This will cause the markets to go HIGHER next month.
The markets will experience one last rally NORTH then come crashing down beginning of 2024. Today's STOP HUNT was a big clue that the markets want to continue BULLISH. Fundamentally this also is in confluence
with inflation coming down. Thus the dollar will continue to drop. But once the DXY hits those support levels and begins to rebound the markets will begin to tank and we will be BEARISH throughout the 1st half
of 2024. I urge you to study the DXY and watch how the markets correspond to it.
Lastly as always: Never over leverage. Have patience. Trust your analysis and give the markets time to fall into the script. And have fun!
I AM PRO TRADING MADE SIMPLE.
Master Sensi of #SniperGang
EVERYBODY EAT$
TWO TYPES OF LOWS CREATED There are TWO W FORMATIONS
1. Price makes Low. Retraces- Then makes Lower Low to take out last of Liquidity then goes Long.
This gives the Sniper 3 Entries: #DBPPlay
#Switch or wait for the #BreakAndRetest 🥶💰
2. Price establishes LOW comes off the low make a higher low than goes LONG. Look for W SET UP.
Another confluence is: If GBPUSD isn’t buying at the same time that’s the que that EURUSD is gonna GO 🚀🚀🚀
Bullish Bias In Effect!GBPJPY has been longing for a rise & break over Key Weekly Level 140.30 & 142.70. A rise towards those levels are supported by a few confluences.
Firstly, we've been in a Daily uptrend since the start of November. (Green Channel/White Median/Left)
I've identified a possible Cup & Handle Formation from the 4HR, I'm currently waiting for a closure completion over the handle of the cup. (Yellow Cup)
Alongside the cup & handle is a test of an intraday zone. Price has wicked out from the upside, which means that price may fall gain before a big rise.
Definitely gotta protect the bag, so I don't plan on entering until I have a solid confirmation.
I can foresee a pull back towards psych level 139.25. If price manages to fall into that level, be prepared for a bounce that could support a reversal.
If price doesn't pullback, expect a solid entry confirmation from close above intraday zone. (Rectangle Box/Top)
My overall target is 142.70, with minor tp levels at 140.30, 140.60, and 141.75. It's unlikely that GJ will meet the overall target this week, but a drive towards those minor levels are highly probable.
Comment your bias of GJ below...
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Bullish signals on AAXN for $81NASDAQ:AAXN
There are two fairly strong signals on AAXN. My first target is $77.50 then second target is $81. Got in some call options just before closing bell today 5/15. It may dip a little more before jumping up to $81+