Multitimeframeanalysis
ETHUSD Pitchfork Projection and Prediction March - AprilAnchored at A: 24 Jan, B: 10 Feb and C: 24 Feb's pivots.
After forming a double bottom at point C, 28 Feb's bullish engulfing closed above the median line, so I marked the 50% level between point B + C to mark the validity level of my trading idea.
I am anticipating a push into the 3.4k area mid march before seeing a minor retracement back down to around 3k where the 23.6% Fibonacci level is sitting.
A bullish daily close above 3k, and a break of the lower pitchfork's upper median line would initiate a bull run into the next strong resistance which I have identified at around 4k.
The fixed market profile tool shows me that there is a lot of volume at this area and the cross between the projected pitchfork's median line and this level creates an interesting zone of price which I predict to be reached any time from late March to early April.
I have attached a link to today's intraday chart with a 60 period SMMA where an ascending triangle is forming.
If this chart pattern is confirmed and we stay above this average, it will initiate my trading idea until we close/crash below the 50% Fibonacci level I have marked.
BTCUSD Closer look at this move. 15min will trigger big move.I think once the 15 min looks like all the other timeframes above it... A big pop will happen. I persoanlly think up but i could be wrong it could be setting up to go down. Either way once it starts moving if you jump in it should keep moving.
Based on a move I saw in the futures several times where all time frames synch up on the exact same move and then take off.
by iCantw84it
02/27/22
BTCUSD All time Frames have touched the Bottom BB Ready to move All time frames have touched the bottom BB and this is possibly ready to move to the upside. I placed a red line where the Daily Bottom BB is now but just know its already hit it and not neccessary for this to be touched again.
by iCantw84it
02/27/22
USDJPY Analysis & Trade IdeaPrice is in an uptrend on the HTFs, but is bearish on the 15M. This bearishness may be short term, as price is potentially making a HL.
The possible pivot points are our marked POIs, where I will look to enter long.
No confirmation, no trade. I need to see price shift from bearish to bullish momentum before any long entry.
Us Oil back to $ 94 ? // Previous weekly candle Liquidity?Looking for Buys on this pair, for the 3 reasons listed below. Additionally , although we are in a range on the 4hr timeframe, this does not mean we cannot read 1hr market structure within the range to anticipate moves . After all the range is 4$ which is quite significant. volatility is consistently higher than what we have seen in previous years on this asset.
Day Trade Idea // XAUUSD // Pullback for Liquidity?I appears that buyers may be drying up at these prices,
we have seen the news this morning regarding putin be the catalyst for
a fresh Higher High to begin the week. Similiar to Gbpjpy, Xauusd has large/deep pullbacks for liquidity.
I'm looking for that as we move into the second london session of the week,
Tight SL, targeting at least a 3:1 RR, targeting a retest of 1900$
EURUSD down to 1.124 // Completing Daily Fakeout Structurewell, price is moving down
and we want to follow price.
Especially given current market sentiment with Russian/Ukriane News. I like people
to continue buying the USD, Also I like market structure on the DXY for Buys. Looking for sells here, following price downwards
towards the low of our Range on the Daily/Weekly
USDCAD looking for Higher Prices // Based off Weekly TimeframeLooking upwards based off weekly candle closures and rejection from
1.266 support area. It seems like a good time to get another leg up because of the
war tensions and the impact it has had on market sentiment, (Russian News 2/18/22 attacking ukriane)