USD/JPY long setting up, the DXY is looking as if it could be getting stronger on a short term basis, so this aids my idea. We are also at an area of liquidity, and demand. If my order triggers I will trade up to 1.52
If we break this area then I will be looking for a possible long on Silver dollar.
The Dax is entering liquidity and supply and is looking like it may be getting ready for a short trade.
BTC/USD has dropped recently but is now approaching an area of liquidity. Let's see what happens, will it break the level? Let me know what you think.
Waiting for a cross over on the 4hr chart on the AI Trend Navigator indicator. Then I'll be looking for an entry on the 15 minute chart. When this potential trade sets up, I may go long with a leveraged trade, and I also may buy the real asset. However, I will make that decision when I have re-evaluated the potential set up once we have the cross over.
We have a cross on the AI Trend Navigator on the 4hr chart. I will now be looking for an entry on the 15 minute chart
Waiting for the EMAs to cross on the 4hr, then zooming in to the 15 min chart for an entry on Silver, XAGUSD.
If we see the dollar break this level we could see higher prices with other instruments such as the metals and other cryptos. Lets watch and see what happens.
Waiting for area of liquidity to break on the 4hr chart (The red level) and then will be looking at for a pullback, then look for an entry on a smaller timeframe to go long. Most other assets I would look for a short now, however, I'm not convinced shorting BTC is right at the moment.
Looking for an entry now to go short on WTI. Stop loss will be above the previous high on the higher timeframe, and take profit will be lower down, potentially at the lower green zone, where I will then look for a buy position. I am also watching the volume footprint to understand whether the order flow is slowing down, and the sellers are starting to take...
WTI - Is almost at my sell zone. Once we hit the sell zone, if we do, then I will be looking for price action and also for the buy orders to be fading out.
BTC USD long has bounced off the previous marked fair value gap. The price may come lower, but you can see on the chart that I've previously drawn the possible route of the price. SL - 103138 TP - 107101
Looking at fair value gaps, and imbalance in the markets. This morning I identified the fair value gaps on WTI, as you can see on the chart it is playing out according to plan. If the price now continues to rise and starts to turn round when it hits the sell zone on the chart, then I will look for the following before I take the short. - Price Action - Deal...
If we break this level, the price of BTC/USD could drop fairly quickly in my opinion. Let's watch and see what happens.
If we see prices come a little higher, then I may take a short of on WTI
After Bitcoin touches All Time Highs once again, I believe there may be a bit of a. correction. Profit taking sometimes occurs when this happens. Technicals are also pointing towards a slight drop in price. If all of my rules are still passed at 9am UK time, I will be shorting BTC/USD. SL - 105421 TP - 104717