GJ on HTF is in a strong bullish trend, however price has began to make a weekly corrective move, this translates to this massive descending triangle on the 4H TF. Inside of the Triangle we can identify price made a false breakout below the Psychological support of 16 then closed back above forming a potential H/S formation, on the right shoulder there is also a...
US30 continues to melt as projected last week Still holding our original swing short entry on the DOW( left chart) which I gave a full multi timeframe update on ( linked above) you can go and check it out for further education. Yesterday price didn’t give us the positive reaction when DXY made a correction so we waited patiently and found a beautiful entry...
The USD since its recent rally is now testing a strong level of daily and weekly supply, also on the LTF price is over extended and overbought and i am now expecting a retracement and new HL's to be formed. My overall bias has not changed at all i see DXY eventually smashing through this zone and new multi year highs being formed but after we create some...
Top down price action analysis on BTC - POTENTIAL intraday longs to capitalise on a corrective move but my overall bias is bearish, looking to load up on shorts at the identified zone if price follows my projection. Remember if this 4H support gets lost we will push lower and the intraday long is invalidated.
I hope you listened to my previous multi timeframe analysis on US30 i have linked it below for further reference - the top is in and we are in heavy short positions both running in nice profits - my overall long term target is 28k. I hope some of you managed to capitalise on my previous update.
BTC absolutely melting on LDN open as DXY looks for new highs ! Huge RR on this position for students - i hope some of you managed to capitalise on my previous analysis, new lows are coming for the market.
XRP did not provide valid entry confirmations so no trade was taken, the setup is now invalid as price rejected the weekly supply and broke 4h support, i am in big shorts on btc and eth and looking for a short entry on xrp on a pullback today. Expecting a huge rollover on crypto across the board new lower lows - DXY has broke out and is going to new highs, the...
Top down price action analysis on XRPUSDT - i hope you enjoy the video, remember this is my personal perspective and a trade idea that has not yet provided valid entry confirmations according to my LTF entry strategies.
BTC continues to respect the bullish corrective structure, as the range tightens in this huge rising wedge formation. BUT we can identify price has formed a triple top off the 0.5 fibonacci followed by a small break of low on the 4H timeframe, price is now retracing to potentially form a new LH - if we get confirmations of a new LH formation we will be looking to...
GOLD has recently rejected the psychological weekly supply 1800 and made a bearish impulse which broke multiple levels of structure, after an impulse we expect the market to make a retracement and potentially form a new LH formation, we will be monitoring PA on the LTF for long entries from our zone of confluence to capitalise on the retracement move.
DOW JONES price action top down analysis. Is the corrective trend coming to an end?
The corrective uptrend on US30 is still very much valid for now, we had a strong weekly candle closure, now on LDN open price has made a pullback to retest the high of the previous session. Looking for potential long opportunities - setup is invalidated if we close below the HL formation.✅ Remember, the trend is your friend until it bends.
BITCOIN UPDATE BTC yesterday closed with a strong bearish shooting star formation which pinned through the high of the previous week taking out all stop losses above the high then closing back below the high confirming a failed HH attempt, taking a look at the daily there has been 11 pins through the 2400 supply and every time the daily candle has closed back...
In depth top down analysis on XAUUSD showing you my full perspective I hope you enjoy the video.
US30 on the weekly timeframe is rejecting the 0.786 fib in confluence with the long term bearish trendline and horizontal weekly supply. On the LTF the strong supply zone is clearly visible as price is clearly showing potential distribution schematic. What i am looking for is price to take out the stops above the high of the previous day and come into retest the...
Yesterday BTC failed to make a HH and instead formed the right shoulder of a massive H/S formation from a 1D perspective showing clear signs of topping out - yesterdays daily candle was a strong high volume bearish engulfing which took out the lows from an intraday perspective, this shows us momentum is now with the bears, with inflation data later today, we will...
GJ has recently made a important change of structure on the HTF with a massive weekly lower low and bearish impulse - this move has been followed with a correction as we would expect the corrective wave is currently bouncing of the 0.618. My HTF bias is bearish and i am expecting a rollover today. This afternoon inflation data will be printed - if it comes in as...
GOLD update, price action multi timeframe analysis - many potential trading opportunities lining up for this week. Hope you enjoyed the video