BANDUSDT Daily S/R| Local S/R| Pivot| Trend Evening Traders,
Today’s analysis – BANDUSDT- trading below its Daily S/R where a rejection is probable to the downside,
Points to consider,
- Price Action Impulsive
- Local S/R Support
- Daily S/R Resistance
- Pivot Confluence
BANDYSDT’s immediate price action is trading below local resistance that has technical confluence.
The confluence consists of the Daily S/R Resistance, VWAP S/R Resistance, Pivot Resistance, allowing for a short bias.
The immediate objective is the Local S/R, testing this level and holding it is critical for the market structure.
Overall, in my opinion, BANDUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“A peak performance trader is totally committed to being the best and doing whatever it takes to be the best. He feels totally responsible for whatever happens and thus can learn from mistakes. These people typically have a working business plan for trading because they treat trading as a business.” – Van K
Stochastic Oscillator
BTCUSD Rising Channel| Local S/R| Trend| Price Action Evening Traders,
Today’s analysis – BTCUSD – trading above its Local S/R where holding true will increase the probability of testing upside resistance,
Points to consider,
- Price Action Impulsive
- Local S/R Support
- Range High Resistance
- Low Volume
BTCUSD’s immediate price action is trading above a key support allowing for a short term bullish bias.
The Range High is the current resistance, testing this level is likely to lead to an rejection on the first attempt.
The current volume profile is on a decline, an influx is imminent when testing a key trade location such as range high.
Overall, in my opinion, BTCUSD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“The market can stay irrational longer than you can stay solvent.” – John Maynard Keynes
NZFCHF Local S/R| Swing Low| Price Action| Trend Evening Traders,
Today’s analysis – NZDCHF- trading towards a key local S/R where a rejection is probable,
Points to consider
- Price Action Impulsive
- Local S/R Resistance
- Swing Low Objective
- Low Volume
NZDCHF’s immediate price action is trading towards a local resistance that has a probability of a bearish retest, allowing for a short bias.
The Swing low is the current objective, taking this level increases the probability of a continuatin.
The volume profile is below average, an influx is highly imminent when testing key trade locations.
Overall, in my opinion, NZDCHF is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.”
― Yvan Byeajee
FSR bouncing off 200D MAFSR is an EV company that has shown promise with its vehicle, the Fisker Ocean as well as its partnership with Magna (MGA). FSR stopped nearly to the penny at the 200-day moving average. Stoch RSI and MACD look to be bottoming out and FSR is trading below its VWAP.
DEFIUSDTPERS Local S/R| Daily S/R| Price Action Evening Traders,
Today’s analysis – DEFIUSDTPERPS – Treading below its Daily S/R with further downside probable,
Points to consider,
- Price Action Impulsive
- Local S/R Support
- Daily S/R Resistance
- Low Volume
DEFIUSDT’s immediate price action is trading below a key technical level that needs proving resistance.
The Local S/R is current support, holding this level is critical for support, failure will increase further downside.
The current volume profile is below average, an influx is highly imminent when testing key trade locations.
Overall, in my opinion, DEFIUSDT remains short until the Daily S/R is breached
Hope this analysis helps
Thank you for following my work
And remember,
“In order to succeed, you first have to be willing to experience failure.”
― Yvan Byeajee,
OCEANUSDT PA Range| Range Low| Local OB| Trend Evening Traders,
Today’s analysis – OCEANUSDT – trading in a defined range where rotation is probable,
Points to consider,
- Price Action Corrective
- Range Low Support
- Range High Resistance
- Low Volume
OCEANUSDT’s immediate price action is corrective, trading in a clear range with the range low allowing for a bullish bias.
The Range high is the immediate objective, exceeding this level will increase the probability of a trend continuation.
The current volume is below average, an influx is highly imminent when testing key trade locations.
Overall, in my opinion, OCEANUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
‘’No one strategy is correct all the time’’.- John Paulson
BTCUSD Bullish Harmonic, Price Action, Trend| .618 Fibonacci Evening Traders,
Today’s analysis – BTCUSD – trading at a key trade location where a bullish reaction is probable,
Points to consider,
- Price Action Impulsive
- .618 Fibonacci Support
(Market Structure Support)
- Gartley C Pattern
- Low Volume
BTCUSD’s immediate price action is trading a key trade location where a trend reversal is probable, allowing for a bullish bias.
The market structure support is being tested currently, holding this level is critical for a bullish bias.
The current volume profile is below average, an influx is highly imminent when testing key trade locations.
Overall, in my opinion, BTCUSD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“There is a huge difference between a good trade and good trading.” – Steve Burns
ETHUSDT Gartley| VWAP S/R| Price Action| Trend Evening Traders,
Today’s analysis – ETHUSDT- trading in a speculative gartley pattern where a break down for the C leg is probable,
Points to consider,
- Price Action Impulsive
- VWAP S/R Resistance
(.618 Fibonacci and 200 MA Confluence)
- 1.272 Extension Target
- Low Volume
ETHUSDT’s immediate price action is trading in a potential internal bearish harmonic pattern with the c wave being the current objective, allowing for a short bias.
The current trade location is Valid as resistance stems from the VWAP S/R and the 200 MA S/R, trading below here is considered bearish.
The current volume profile is below average, an influx is highly imminent when an expansion occurs.
Overall, in my opinion, ETHUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Trading doesn't just reveal your character, it also builds it if you stay in the game long enough.” Yvan Byeajee
GBPNZD Daily S/R| Deviation| Local S/R| Trend Today’s analysis – GBPNZD- trading below its Daily S/R where a bearish retest is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Resistance
(Deviation)
- Local S/R Support
- Low Volume
GBPNZD’s immediate price action is trading at a key resistance where a bearish retest will allow for a short bias.
The immediate objective will be the Local S/R, holding this is level is critical for the market structure.
The current profile is below average, an influx is highly imminent when testing key trade locations.
Overall, in my opinion, GBPNZD is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work,
And remember,
“Trading effectively is about assessing probabilities, not certainties.”
― Yvan Byeajee
BTCUSD Intra-Day S/R| Liquidity| .618 Fibonacci| Price Action Evening Traders,
Today’s analysis – BTCUSD – trading towards key intra-day levels where rejections are probable,
Points to consider,
- Price Action Impulsive
- 200 MA S/R Resistance
- .618 Fibonacci Resistance
- Intra-Day S/R Resistance
- Below Average Volume Profile
BTCUSD’s immediate price action is impulsive, trading at an intra-day S/R where if broken will allow for a bearish bias at the next resistance due to technical confluence with the .618 Fibonacci.
The current volume profile is below average, an influx is high imminent when testing key trade locations.
Overall, in my opinion, BTCUSD is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
It does not matter how slowly you go as long as you do not stop.”Confucius
NZDCHF Daily S/R| Price Action| Trend| .618 Fibonacci Evening Traders,
Today’s analysis – NZDCHF – trading towards a key location where a bullish test is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
(.618 Fibonacci Confluence)
- POC S/R Support
NZDCHF’s immediate price action is trading towards a key location that has technical confluence, that being the .618 Fibonacci and the POC S/R Support, this allows for a bullish bias.
The Daily S/R Support is a key level that needs to be held, breaking this will lead to a probable trend change.
The current objective is the swing high, exceeding this level will increase the probability of a trend continuation.
Overall, in my opinion, NZDCHF is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Don’t blindly follow someone, follow market and try to hear what it is telling you.” ― Jaymin Shah’
AUDUSD Rising Channel| Daily S/R| .618 Fibonacci Evening Traders,
Today’s analysis – AUDUSD – trading towards its daily s/r where a rejection is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Resistance
(.618 Fibonacci Confluence)
- Low Volume
- Swing Low Objective
AUDUSD’s immediate price action is trading towards a key resistance that is in technical confluence with the .618 Fibonacci, allowing for a short bias trade.
The current volume profile is below average, an influx is highly likely when testing a key trade location.
The swing low is the current objective; testing and exceeding this level will increase the probability of a trend continuation.
Overall, in my opinion, AUDUSD is a valid short with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.”
― Yvan Byeajee
GBPJPY Price Action| Trend| Local S/R Swing Low Evening Traders,
Today’s analysis – GBPJPY – trading under local resistance where further downside is probable,
Points to consider,
- Price Action Corrective
- Local S/R Resistance
- Swing Low Objective
- Low Trading Volume
GBPJPY’s immediate price action is trading below a local s/r, a technical trading location that is giving price current resistance, allowing for a short bias.
The objective is the swing low, taking this level out will increase the probability of a trend continuation.
The current volume profile is below average, an influx is highly imminent when testing key trade locations.
Overall, in my opinion, GBPJPY is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“The market is a device for transferring money from the impatient to the patient.” – warren buffet
ETHUSD Daily S/R| .618 Fibonacci| Price Action| Trend Evening Traders,
Today’s analysis – ETHUSD- trading towards a key resistance level after a swing failure, a rejection is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Resistance
(.618 Fibonacci Confluence)
- Low Volume
ETHUSD’s immediate price action is trading towards a key level, being the Daily S/R that is in confluence with the .618 Fibonacci.
A bearish retest is probable at the trade location, allowing for a bearish bias.
The current volume profile is below average, an influx will be probable when testing key trade locations.
Overall, in my opinion, ETHUSD is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work!
And remember,
‘’No one strategy is correct all the time’’.- John Paulson
BTC, Signs of weakness!BTC shows various signs of weakness these days. Besides Elliott wave patterns which I published separately, signs of weakness in BTC's trend show themselves continuously.
I show you two different weakness signs here :
1- As you can see in the chart , BTC is making minor lower highs in price chart while making higher highs in both stochastic and RSI indicators. Divergence at top is a real warning.
2- BTC lost half of its value starting its journey from overbought to oversold zone from around 60000 to 30000 in stochastic indicator. Now, its reaching to overbought zone again with less than 1/3 recovery.
Be careful about cryptocurrency market these days my friends.
Good luck everyone.
USDCHF Daily S/R| Swing High| Local S/R| Price Action Evening Traders,
Today’s analysis – USDCHF- trading above its local s/r where continuation is probable,
Points to consider,
- Price Action Impulsive
- Local S/R Support
- Swing High Objective
- Volume Below Average
USDCHF’s immediate price action is trading above a key local trade location where support will be deemed bullish.
The swing high is the immediate objective, exceeding this level will lead to a continuation towards the range high.
Current volume profile is below average, an influx is highly imminent when testing key trade locations.
Overall, in my opinion, USDCHF is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“The expectation that you bring with you in trading is often the greatest obstacle you will encounter.”
― Yvan Byeajee
CADJPY Daily S/R| Swing High| Price Action| Trend Evening Traders,
Today’s analysis – CADJPY – trading towards a key support where a bounce is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
(.618 Fibonacci Confluence)
- Swing High Objective
CADJPY’s immediate price action is trading towards a key trade location that has technical confluence with the .618 Fibonacci and the Daily S/R, this allows for a bullish bias.
The swing high is the current objective, exceeding this level increases the probability of a trend continuation.
Overall, in my opinion, CADJPY is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Don't blindly follow someone, follow market and try to hear what it is telling you.” ― Jaymin Shah
BTCUSD Price Action Range| Range High| Range Low Evening Traders,
Today’s analysis – BTCUSD- trading in a clear defined range where a directional bias will be imminent
Points to consider,
- Price Action Impulsive
- Range Low Support
- Range High Resistance
- Low Volume
BTCUSD’s immediate price action is trading with two key boundaries, range high and range support, breaking either will allows for a directional bias.
The current level to hold is the swing low, exceeding this level increases the bearish scenario.
Overall, in my opinion, BTCUSD is neutral until a clear break of the range, price action is to be used upon discretion/ management when executing any trade here.
Hope this analysis helps
Thank you for following my work!
And remember,
“It’s OK to be wrong; it’s unforgivable to stay wrong.” -Martin Zweig
SXPUSDT Daily S/R| Local S/R| Price Action| Trend Evening Traders,
Today’s analysis – SXPUSDT- trading at a key region where a rejection is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Resistance
- Local S/R Support
- Low Volume
SXPUSDT’s immediate price action is impulsive, trading towards a daily resistance with lower highs, allowing for a short bias.
The Local S/R us current support, holding this level is critical for the range low support.
Current volume profile is on a decline, an influx is highly imminent when testing key trade locations.
Overall, in my opinion, SXPUSDT is a valid short with defined risk, Price Action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my
And remember,
“Trading effectively is about assessing probabilities, not certainties.”
― Yvan Byeajee
GBPAUD Weekly S/R| Swing High| Price Action| Trend Evening Traders,
Today’s analysis – GBPAUD – trading above its weekly s/r where a deviation to swing high is probable,
Points to consider,
- Price Action Impulsive
- Weekly S/R Support
- Swing High objective
- Low Volume
GBPAUD’s immediate price action is impulsive, trading above its weekly s/r where a bullish retest allows for a long bias.
The immediate objective is the swing high, taking this level out will test upper liquidity regions.
The current volume profile is on a decline, an influx is highly imminent when testing key trading locations.
Overall, in my opinion,
GBPAUD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.”
― Yvan Byeajee,
AUDUSD Daily S/R| Deviation| Bearish Retest| RangeEvening Traders,
Today’s analysis – AUDUSD – trading towards its Daily S/R where a rejection is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Resistance
- Price Action Deviation
- Daily S/R Support
AUDUSD’s immediate price action is impulsive, where a deviation towards the high is probable for a bearish retest.
The range high is the Daily S/R, proving to be a true location and a pivot in price action.
The Daily S/R Support is the immediate objective, holding this level is critical for the range to be intact.
Overall, in my opinion, AUDUSD is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“You become fearful the moment you identify with fear. But once you begin seeing it as an impersonal changing phenomenon, you become free.”
― Yvan Byeajee
BTCUSDT Price Action| Daily S/R| Trend Evening Traders,
Today’s analysis – BTCUSDT – trading below its current Daily S/R where a rejection is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Resistance
- Dynamic S/R Resistance
- Swing Low Objective
BTCUSDT’s immediate price action is trading below the current Daily S/R allowing for a short bias.
The Dynamic S/R has been breached with conviction thus increasing the probability of furher downside.
The current objective is the swing low, and SFP in these regions is considered bullish.
Overall, in my opinion, BTCUSDT has another leg down before potential longs; price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work,
And remember,
“A quiet mind is able to hear intuition over fear.” ― Yvan Byeajee
EURAUD Daily S/R| Rising Channel| Price Action| Trend Evening Traders,
Today’s analysis – EURAUD – breaking out of its rising channel where a deviation back is probable,
Points to consider,
- Price Action Impulsive
- Rising Channel Broken
- .618 Fibonacci objective
- Low Volume
EURAUD’s immediate price action is trading with an impulse sell, a deviation back into the .618 Fibonacci will allow for a short.
The Rising Channel is a brearish formation, increasing the probability of downside movement.
Price Action testing the .618 Fibonacci allows for a short entry if this trend is deemed bearish.
Overall, in my opinion, EURAUD is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Dangers of watching every tick are twofold: overtrading and increased chances of prematurely liquidating good positions” – Jack