Red Moon BTCVery bearish day on BTC USD. I'm expecting a bounce somewhere around the 61.8% Fibonacci zone.
Hope this idea will add more perspective to your analysis. I'm not so much into sharing my ideas publicly but I'm planning to share more and be more active here on TV... stay tuned if you want to follow me.
Mitigation
Goofed by what I thought was distributionSo.. PLANS CHANGED!
Took some time to see on the sidelines how price would decide to play. Seems like we've been trending bullish with strong inst. order flow, so as of right now and the way the higher TFs are looking -Daily shows great strength, as well as a BOS; this could be the impulse to begin our bullish move, after many days of bearishness (for the retracement)-.
Now, I'm seeing re-accumulation.
Price begins to trickle its way bullish after a retracement on both 4HR and D (Jan 14-17th), which to me, seems like the standard push-up-pullback bullish scenario you'd see in clean price action.
GBPUSD RE-ACCUMULATION ON 4HR
GBPUSD BULLISH BOS ON DAILY
With DXY showing signs of bearishness on higher TFs, as well as taking into account future events like stimulus cheques being handed out; value on the DXY is sure to nudge lower with all that money being printed -just my hunch, lol-.
AUDUSD Next DirectionIf you look further back on, we can see price is in a range that was eventually broken(0.7595). After that major push in price, then saw a pullback to 0.7700. To confirm by DOWNSIDE bias, ill be looking for price to break and close below 0.7635 then 0.7595 to our first TP(0.7545) then 0.7488 if the opportunity presents itself
Big Move On EURJPY Following Range Bound Behaviour. Expectation:
Stop Loss Hunt towards the Major Support Level Trapping Retail Speculators.
Approaches Demand Level Below then convert Sell Orders to Buy Orders
Most likely to manipulate the range lows at the start of London session and swiftly move away
Beware of Demand Zone highlighted red above as this could provide some resistance and prevent the market from creating HH on Daily time frame
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XRP/USD Preparing for the long awaited bullish move upXRP/USD seems to have almost completed it's long awaited consolidation at the bottom.
Analyzing the previous market structure, on the Monthly, Weekly and Daily, indications show that we are in a now starting the bullish trend, where we will finally see an upwards push.
Criteria for my forecast are:
Note: This analysis takes into consideration both the SPOT market as well as the Derivatives (FUTURES) markets on various crypto exchanges.
1/ On the MONTHLY chart, the Previous Orderblock where previous High structure (on the close, not the top of the wick) has been broken, thus signalling a confirmation of reversal. This includes a 'Larry Williams' trend confirmation.
2/ On the WEEKLY chart, I see the end of a final consolidation before a push upwards, for confirmation of a Level 1 move.
This also includes a 'Larry Williams' trend confirmation.
3/ On the DAILY chart, I see again more Larry Williams trend confirmation as well as structure being respected, both with a DAILY Liquidity Void being filled (Usually they fill it to around 50%).
However, there could either be
a) A wick down to the Breaker (which on the FUTURES markets, a wick has already happened, down to 18 cents), therefore I see another wick towards the breaker. I see this as low probability.
b) A final move down to the Mitigation Block, before launching, I see that as highest probability
Next target is at the 33 cents range. Once that target is achieved I will do another analysis.
THIS IS WHY ALL THE GBPS DROPPED THIS WEEK!!So as we can see on this price action for EURGBP it had a very strong rally to the upside. What does this mean? Very simple that EUR is stronger than GBP for the time being. I've said this many times and will say it again. When you have a bias for EURGBP you will have a bias for the majority of the GBP pairs. Such as GBPJPY, GBPCHF, GBPAUD, and GBPUSD. This whole week I have been shorting GBPUSD and GBPJPY and It has been great. Now if you look at my previous chart idea for this pair you will see that I expected the market to come to this specific order block and using it as my target. The market dropped there and shot up the day after. That is when the GBPS began to drop so we would of been SELLING GBPS. Now check out the GBPS on you're own and you will see what I mean.
Next week you will see more post like this.
natural gas intepritive dancing movement.so i kind of dibble dabble with my thought processes on how to perceive a simple analysis. but I am still learning and using the various tools I have come o learn so far. I have done a simulated projection of the price action of natural gas and what I think it might do next I am fairly confident we are now looking at a phase of picking up momentum and steam towards the upside. if you like my way please follow and mention your thoughts in the comment. I'm here for the long ride with ya'll. no substitutions simply analytical (TINA)
USDJPY COMING TO SELL ZONE USDJPY has formed a Turtle soup sell model. This is when the market takes out a liquidity pool and then reverses. I felt like I should share this on trading view because it is one of the most powerful methods to find reversals. There is also a FVG candle and if we look to the left we can see that there is a mitigation block as well. That is my entry zone to take a sell. Along with the dollar being bearish so Im really liking this idea to the downside. This bearish breaker will be my main reason to sell this pair.
Possible ideas for Brent Crude OilThe price could move up to take out the liquidity formed above $35.8-ish level, before moving down to mitigate. The.618 fib level matched up nicely with the sell before the buy on the 15 min chart.
The price might then move up to fill inefficiencies in the $45-50 region.
I'm pretty new to this so any criticism would be appreciated :)