BTC TO 20-22k AREA, pro analysis by baris3Monthly chart provides everything to see for me. Quick fib wave based analysis of mine made me think that BTC price will surely see 20k area, and possibly 19.800 too which is 0.786 fib level according to my calculations. So I expect liquidity sweep down to at least 22k area but I am not sure how deep it can go. I think it can bounce back from 20k or 22k but need to watch price action since my analysis based on current price action. Technical analyses of mine works most of the time monthly TF. Good bye and take care!
Proanalysis
OCEAN/USDT Broke the bullish structure OCEAN Broke the bullish structure . waiting retest at supply zone and take a short
9 SYNOPSIS FOR NZDUSD BULLISH INCITATIONTHE MARKET PROVIDE 9 REASON TO TAKE A LONG OPPORTUNITY...
TECHNICAL ANALYSIS...
1.Price nearly 0.72 psychology level...
2.dynamic support EMA 50...
3.trend line support an upward move..
4.Wave 5 complete now we having intermediate wave c to complete ABC pattern...
5.Retest the neckline formation of m or w inducement and its retrace...
6.break out structure confirmation of bullish momentum....
7.rally base rally inside imbalance move of bulls SHOW IN 1H..
8.declaration of a volume which is inverse to a candle which is formed as a panic candle without fundamental acquire
9.APPROVAL RISK TO REWARD ...
COMMITMENT OF TRADERS..
USD is getting weak due to having -2.5k shorts n long of unloaded shares both non commercials and commercials ...
NZD is getting strong due to having 1.2k additional long in non commercials ..
my analysis base in PUREPRICE ACTION,,WAVE,,LAWS OF WYKCOFF AND COT UPDATE,,,,
CAUTION,,,,determine your risk to reward
USDCAD IS IN AFFORDABLE TO BUY NOW....TECHNCICAL ANALYSIS FIRST;
now we wait for A>B>C PATTERN to complete
wave 4 n 5 are need another clues to show future price move we might have.
PSYCHOLOGY LEVELS N DEMAND AND SUPPLY TO CHECK:
Price from 1.25 having upward push due to our last demand APPROVED by BULLISH PIN BAR in last zone of 1.25...
HUGE momentum shown by 4h candle releif as to buy the price... HENCE ITS CORRESPONDING WITH HUGE VOLUME..
take your fibo to master correction of a move.
TRUST ME BE AWARE WITH 1.25KEYLEVEL MAY PROVIDE A NICE OPPORTUNITY IN THE MARKET
IN COMMITMENT OF TRADERS;
13/04/2021 COT REPORT explain +1,693 long orders were being opened bypassed CAD currency exchange..Even its got a slight unloaded shares of commercials but still suitable for both currencies USD & CAD to push up the market price..HENCE huge existence of loaded shares is shown by both big hedges funds..(commercials and non commercials institute)...
......TO LONG OR BUY USDCAD SHOULD BE YOUR FIRST DESIRE..
Thank you don,t forget to leave comment for more ideas and knwoledge in a trading market...
WTI (USOIL) IdeaHello Traders hope everyone are fine.
We see WTI prices in sideways movement (range $63.050 - $63.600) after oil prices hit a 13-month high on tighter supplies. The FED's assurance on ultra low rates, and the overall weakening USD also supports commodity prices . Oil prices see/saw additional support from the very rare winter storm in Texas which has caused the US to drop oil production by more than 10% (or more than 1 million bpd) during the last week.
The weather improved significantly now, but it will take time for the oil industry and refineries to catch up. The additional cuts from Saudi Arabia continue to keep supply and demand in balance before the OPEC+ is meeting again March 4.
I expect the group to only discuss a very modest easing of oil supply curbs to maintain oil's current path (towards $70/barrel). Additional US fiscal stimulus, the improving market sentiment, the positive perfomance of the equity markets (in particular the heavy industry) and of course rising hopes of international travel to return H2 2021 will further support oil prices.
WTI is currently close to its (current) bottom range and will try again to push through $64 later this week.
I am doing this work to help people like you to get a share from the markets. Hope you like it and happy trading to you all. :)