Bitcoin often ranges between a supply and demand on the weekend looking to break one on Sunday FX open or Monday's NYSE open. I see the demand being broken first then the supply being broken afterwards. Still have plenty of levels to look for reactions at whether you're short or long. The last area i had marked out delivered price to both points via the red arrow....
Daily institutional demand with two pullbacks close in proximity. POWELL is speaking so we shall see if we get the dig that we do in there. Could also be short for stocks as the DXY pushing higher will cause a sell-off. There might be a bit of a "slight" correlation with EURUSD and indicies in events like this.
Just an update from my last BTC idea. I’m watching to see if the rest of it plays out as be got our bounce where we wanted for the retracement
So i'm trying to figure out the mind of a retail trader and the use of retail concepts. I trade structure and i see the market with the structural zones but i'd Love to see the outcome of this. The zones are marked out by squares and my lines.
Here's some more immediate ideas for GU. We'll see what path we end up taken but we are set to open in this 1 hour range.
Here are my thoughts on Nasdaq 100 I am overall short but there seems to be a monthly retracement in play.
The beautiful and frightening DXY. I am currently long on the DXY to my key levels but could be short for the years to come sadly.
Definitely short On US500 after key levels are tapped into. This is just another retracement for a short
Definitely short on gold but there is a retracement ensuing because of the monthly zone. Very important levels assigned to this chart
Overall short on GJ and i am expecting some rejections at "Key Levels"
Scary levels for the currency but i am overall short and the levels shown will provide heavy market conditions
I am expecting more downside from here to parity but here are my levels that would provide strong market conditions.
I am overall short but here are levels that you can expect strong reversals from.
Levels that TSLA will react off of but i am overall short to $60 and further