- charted this a couple days ago, dont know how valid it is now... - 2 POIs incase price doesnt reject off of the 1st POI - not too sure on this one as US30 is usually very volatile ----- let me know what you think
- 2nd POI is there in case price does not reject the first POI - this would be a longer swing trade as the targets are quite a lot lower than both of the POIs - Targets & interest areas are marked on the chart, let me know what you think will happen with AUD/USD
- RSI shows there is lots of space for price to move upwards - hopefully price takes out the area of liquidity above current price, then continues to head upwards to our POI - if price doesn't reject off of the POI i wont be entering this trade - TPs are set around previous OBs and also areas of heavy liquidity
- RSI shows that price can start going up now and take this area of liquidity - just above the area of liquidity is our POI - hopefully price rejects off of the POI and begins to drop
- Elliott wave shows price should rise to maybe the 2nd POI before retracing downwards - RSI is quite high but has space to rise slightly before price drops - there are 2 POIs in case price doesn't reject the 1st POI and decides to grab the liquidity near the 2nd POI this is more of a longer term swing trade as the price changes from POI to the last TP is quite drastic
- a few areas of liquidity which will be grabbed - entry will be based on how the price reacts to the POI - TPs are based around the areas of liquidity
- stochastic RSI shows that there is space for price to move up slightly, maybe to the 1st POI - if 1st POI doesn't get rejected then the 2nd POI will be the entry - the DXY chart shows that the US dollar could start moving back up, which would make the EUR/USD pair decrease in price let me know what you think...
- 2 different POI's in case price doesn't reject the 1st POI - lots of areas of liquidity around the POI and around the TPs let me know what you think will happen with GBP/USD...
- a few areas of liquidity above & below the current price which needs to be taken out - there is also a large FVG area - most of the trade will be taken out in the first 3 TPs and small amounts left for the last 2 TPs
- a few areas of imbalance which need filling - a few areas of liquidity which is likely to be grabbed - the 2nd POI is in case BTC carries on pumping
- plenty of space for the RSI to move up, hopefully into one of our POI areas - added an extra POI incase the price doesnt reach the higher POI - all TPs still valid and unchanged
update on the EUR/USD short; - entry tapped in - some TPs slightly changed
- RSI shows that there is space to move up before a drop - hopefully price can tap into my POI so we can find an entry before a drop - ive been looking for a short on this for a while but have changed my POI as price moved up but couldnt quite reach the old POI let me know what you think is next for US30
- stochastic RSI shows that there is space for the RSI to move up before a drop, with that move up BTC could tap our POI - lots of areas of liquidity which needs to be grabbed below the current price - all TPs are reasonable in my opinion, although with a drop i believe we can go a lot lower than the last TP
- a lot of coins look bearish and are due a move down after a small rally today - POI & TPs all marked on chart - do what you will with this... any feedback appreciated
- quick analysis on chainlink - overbought on the stochastic RSI - TP3 is what the elliott wave predicts but im not too sure about it as its quite low - other TPs seem more than reasonable
- there is 2 POIs incase BTC passes the first POI without retesting - the 2nd POI is more valid as there are bigger liquidity areas around that price but im not sure how much volume BTC has to continue pumping - price targets are marked
- potential swing to the downside - the Elliott wave supports the move down and shows that the 2nd TP is very valid, which means TP 1 will be hit on the way down - the large area of imbalance shows that we could have a move down to fill the imbalance soon but hopefully can tap the POI first so we can find a valid entry - also there are lots of areas of liquidity...