Yesterday, the price experienced a significant rally and reached the naked Point of Control (POC), where it currently appears to be holding. We anticipate a potential retracement to test a key support zone below before making another move. The price may decline if the previous POC holds. Alternatively, the price could rise to test the previous Value Area High...
Currently, the price is at the Point of Control (POC) from Tuesday's declining session. If Wednesday's Value Area High (VAH) is able to hold, the price may drop further to test the Value Area Low (VAL), potentially leading to a significant decline towards the naked POC below
The price opened within the previous Value Area, so we have two scenarios today (be cautious of the news in New York): If the VPOC does not reject the price, it may continue to rally and test the VAH. If the VPOC rejects the price and the VAL cannot hold, the price may drop significantly, potentially leading to a big move following the news.
Expecting range-bound movement during the Asia and London sessions today, followed by a potential spring at the naked POC during the New York session. After that, price may complete the accumulation phase and continue rallying upwards.
Price is ranging within the value area during the Asian and London sessions, awaiting news in the New York session. A big rally could follow once the news is released
Price opened within the previous value area, suggesting sideways movement within this range during the Asian and London sessions. With news expected at 19:30, anticipate a significant move, likely continuing upwards after a major sweep of the bottom.
There's a high likelihood of a continued rally today if the HVN and VAH levels hold. However, if they don't, the price may remain within the previous value area and move sideways
Scenarios today Rally to test prev POC & drop (London session or Asian session) Sweep liquidity & poor high on London & continue rally on NY Above zones cannot hold price, they can drop to lower HVN
There is a high chance the price will rally to sweep liquidity and reach a poor high during London trading hours, then drop before continuing its rally in New York after the news release
CME_MINI:MES1! I merged the last three weeks to see the Point of Control on the upcoming range, Could rip through the top of this current consolidation to reach for the Value area low and the Breaker Block resting right above and then reverse back to the 4h FVG down below to gather liquidity in a sweep or a raid. Should see an expansion one way or another due...
we either accept value back in and around this 5 day balance range s3.tradingview.com or we will see shorts start to cover causing a short lived rally before the search of real buyers. overall the weekly trend is intact.
As you can see the previous targets have it and should continue to play out. 7.24 will be a massive day for the market. #13
BINANCE:BTCUSD / BYBIT:USDT.P + abusing the BaseLine Chart Damn high for a pull back, but also no rally. Unless its cosmetics just to let the Monthly Candle shine, its decision time.
2018 correction the same as 2022 correction 2019 pump same as 2023 pump will the dump model match too? credit to murfski and andy bitcoinsensus for this one
Considering the upcoming news release 2/14/23 i am projection one of these projections to manifest over the course of this week markdown bias = if highs (412x) are attacked during N.Y. sessions markup bias = if lows (4050) are attacked during N.Y. sessions
We have broken into a Naked Value Area, many opportunities awaits~! Let's see if the bulls can take control. Two key levels to watch before reaching the other side of the Value Area.
As you can see, the price is sitting in a large excess range, trying to push higher with the bullish momentum since the opening. Looks like it is feeling lots of selling pressure. But if we can break up and into the higher naked value area, there is great opportunity for a bull run to the value area high. Otherwise, we might go back to the value area from...
We can see eu is in uptrend. We can look to buy off demand zones. On Weekly profile we can see value area that is adding confluence to the bottom demand area.