Corrective move coming to an end, time for a leg up on the dollar. BIG shorts pending for risk assets.
Dont get trapped - the corrective move is over, time for a new leg down across the board.
For me nothing has changed since my previous multi timeframe analysis (linked above) Price is following my projection and looks to be making her way into the liquidity above the highs, we are monitoring the LTF for potential long entry confirmations
Top down price action analysis - keep it simple, trade safe ahead of FOMC this evening!
Top down PA BTC analysis - expecting a corrective move into the liquidity above before another impulsive bearish wave..
Top down PA analysis on US30, don't forget the narrative market structure is king we have not broke any HTF bearish structure. Hope you enjoy the video!
Very flat PA today so far during the LDN session on BTC. We can identify on the LTF price is still stuck inside the Asian range moving in this small ascending triangle formation. On the 1D TF we still have that wick of the previous day to potentially fill to the upside and since the massive bearish impulse which broke multiple levels of structure. I do favour a...
Similar picture on EURUSD price is now approaching the top of the corrective channel/ bearish flag we have a unmitigated 4H OB just above the highs, price is currently testing the 0.786 I am expecting a big rollover and new lows soon. Monitoring our 4H zones from a LTF perspective for potential entry confirmations.
A friendly reminder WE ARE STILL IN A BEAR MARKET! Don't get trapped here on US30, the stops above the high of the previous week have now been removed, which we capitalised on yesterday, now my attention is on 4H supply zones to potentially look for swing short entries. CPI data tomorrow in the US volatility expected. Rallies are to be SOLD in bear markets
The most important chart to monitor this week! DXY Is still in a intraday corrective trend however HTF bullish structure is very much still valid and I am expecting new highs soon. There is a strong area of confluence around the 109 handle, I will be monitoring closely for confirmations the market is ready to make the continuation to the upside and follow the HTF trend.✅
Top down price action BTC update, hope you all enjoy the video i have linked below the previous updates so you can check them out for further reference.
Finally all the stops above the 4H double top have been removed as projected a number of weeks ago, now BTC is approaching my area of interest for a big swing short position. Monitoring the LTF closely inside of the identified area for potential entry confirmations.
BTC finally making the move we where expecting, beautiful fake move lower to induce sellers followed by the reversal into the liquidity above the highs exactly as projected in my previous updates - hope some of you managed to capitalise. Once these highs are taken out I am looking at BIG shorts to new lows.
Despite the 75 Bps Rate Hike yesterday from the FED DXY is still respecting the highs in the current corrective downtrend. Price is now testing a 4H Order block in confluence with the 0.786 fib taken from the most recent bearish impulsive move which Broke structure. Looking for potential confirmations inside this zone for a NY reversal into the lows of the previous week
Quick BTC update ahead of this evening's FOMC (Interest Rate decision) my perspective still remains the same on Risk assets since my previous multi timeframe updates - i have linked them below for further reference. On the 4H TF we can identify price has formed equal highs and started to consolidate in the form of a bullish wedge. Above the EQL highs is an area of...
Top down price action analysis on GA, hope you enjoy the video.
EU currently is still in an intraday bullish corrective trend, however on the HTF the market structure is still extremely bearish and I am expecting a massive sell off and potentially new lows to form on the back of the FED interest Rate Decision which is coming on Wednesday. Now in regards to current PA price is still in the corrective uptrend as mentioned and...
So far so good on BTC price is following this mornings analysis and heading towards the 21500 supply zone Full signal was sent to students via the CRYPTO VIP GROUP so far TP1/2 hit and +200% partial profit secured I hope some of you managed to capitalise on the previous BTC update linked below