MadMundus

MadMundus

Gold made second double top before Friday's close. Before that same area was tested as well with one break out, which made second top above. So now we have double top above and triple top below with one break out and multiple test of VAH of this current uptrend move. Price is currently at a volume POC. SR levels a clear, trade according to your bias and according...

MadMundus

There are two ways how you can trade #bitcoin in this period depending on your bias and your style of trading. First, you can see a clear side range move, which gave you good opportunities for longs and shorts in this area. With proper risk management and right SL's, you could have good trades. Another option is ascending channel and break out from it. You can...

MadMundus

Weekly, daily bias bullish 1. Engulfing bullish on Friday 2. First target - take out highs of shorts at 2010. Second target highs of 2021. 3. If brake of 2010-2020 will be FB, double top will be made and we can see possible of 1980, which is likely less possible because of bullish bias and weakness of dxy. 4. Break of pwHigh and 2010 and confirmation above can...

MadMundus

1. Volume is showing POC (point of control) and the price is balancing in the range with strong consolidation and indecision. 2. Currently we are in a range zone. Taking swing low and swing high - we are below 0.5 fib level, which means we are in discounted area. 3. If price breaks POC and fib 0.5 and confirms above we can see a move to fib 1 price level. By...

MadMundus

Bearish flag patter. Equal highs with break out to collect buy side liquidity. Price is showing confirmation above previous highs, but still is in consolidation mode. We can potentially see run up to 39200 with wick above. Fibonacci. Above 0.5 we are in overpriced area. Discount area 0.786 for possible comeback, which would be the same area from where price...

MadMundus

Yearly trend up was broken with BOS Last half year trend going down with LH/LL Current stage R 61 and S 52. Break and confirmation of any will lead to further move down either up. Volume concentration with POC far away at 67. Yearly Volume control lost. Two year volume control lost.

MadMundus

1.5 year side way range Support 62 Resistance 86 Break of S means 49 Break of R means 106 Price below POC

MadMundus

Whole trend down Yearly trend up was broken (BOS) July - September double top, trend down to 104.17 first stop. 86.85 second stop. Daily trend down Price below point of control (POC)

MadMundus

NAS100 is in a bearish move over two weeks. LH and LL are keep forming. Now any signs of BOS (break of structure). There is a huge gap between last week High and last week Low. We can see a possible correction reversal move. A lot of imbalances are also to be taken out as we can see a lot of single print moves. This week we wait for FED decision about rates. Be...

MadMundus

For a day trade we are in a range move. Above liquidity grab wicks you can look for longs and shorts. Perfect reaction to volume profile POC (point of control). Inside side range we also have flag triangle and if it keeps moving in the range and tighten, it can brake flag, therefore do not look for liq grabs rather look for retest to flag line to re-enter.

MadMundus

4H XAU is in a very strong up trend. main support is at 1980. to move up we have to take out liquidity at 2010 and second level 2020. Expect 2022 highs to be taken out before correction.

MadMundus

4H XAU is in a very strong up trend. main support is at 1980. to move up we have to take out liquidity at 2010 and second level 2020.

MadMundus

XAU daily view. 1950 key important level. We are out of descending channel, but still new BOS is not formed. Price is still doing LH and LL. If 1950 is broken and price confirms above, we will have new HH. If price cannot brake 1950 - will be looking for shorts. Liquidity was swept and that’s a good sign for shorts. If it brakes and retest 1950 forming resistance...

MadMundus

BTC day trading idea. Note: longs and shorts are valid for liquidity grabs - instant strong price action move, but not if price confirms break of lines.