Looks can be quite deceiving. The Dollar has been on a tear the last few days and could probably use a moment to catch its breath. Should price break lower than the EQ or 50% retracement of the most recent move up as i have outlined above, then we could consider lower targets to be reached. I am looking specifically for Liquidity Voids, Fair Value Gaps and Order...
We can see that at the open of NY GU is making an effort to rise about the previous days high. I see a rise above the first time before the open and then it plays right back down into the 62 level of Fib. That is our optimal trade entry.
We have begun to notice a double bottom that is now quite clear. Market open will tell us the full story but I believe we could see a move to the upside to the Supply Zone to fill major orders.
Looks like GJ Is at a decision level. Lots of purchase volume. Liquidation may have happened this morning and I'll be looking to take a Long position if price breaks above 149.606 and will be shorting if this price action zone is tested again.
Possible head and shoulders forming on the 15 min chart. I will take the trade up to the shoulder forming because I am bullish but you can also wait for the Shoulder to form and then take the sell down to match the other or take the buy back up. It appears that price has closed about the previous high, broke the trend down and may have found a low retracement...
Some are saying it'll go as high as $63,000 on this next bull-run. I will be taking it right now to the ATH and then grabbing the retracement.
I am just starting my journey of analising and producing content ideas! I missed this one my just a few minutes. Enjoy!