BTCUSD - We will look to trade the following ranges for the week. Looks like the week can be dominated by the option players with the 55k and 60K playing the upside and lower side cap. Pullback from the edges will be the primary play. Break out from the ranges will be the big trade.
SPX nicely pegged below recent swing zones, Key ranges and targets to look for. Bearish below 4685-80 ranges/ Bullish Above.
The Breakout on 15th has seen a nice wick into the previous tops. 1. The wick confirms demand above previous pullback tops. 2. The cluster zone is the immediate support zone, break below that the thesis fails. 3. projection targets are price extensions.
Looking for a breakout trade above the 3 day consolidation zone here for a test of 175 areas. We had a decent retracement to the recent swing and the Orderflow is looking good with a good delta reversal candle.
Crude Oil at a long term major inflection point. Classic TA says we will face some headwinds here, but strong weekly candles suggest we may look to head north before a pause. watch out for these levels. This level has been only tested on 3 occasions in last decade.
Gold is near critical swing levels on the weekly charts here. The areas of 1710-40 provide a fairly good Risk reward trade opportunity for a bullish pullback bias trade. Aug -20 and Mar -21 markets did show some nice inflection from these regions.
BTCUSDT we have hit and tested some major swing resistances. The more time we spend on the higher side of this pullback range , we are at better odds for clearing that. 49350 is the Trend decider for me for the day. Bullish above to roll into the VA from yesterday. Bearish below to test back the asia support zones.
Bitcoin is back to the base range of where the recent move started off, will the bulls be second time lucky here. Either side a decent Risk Reward Trade is on offer on clear of this range.
Banknifty is in a bullish state on the weekly profiles. Based on that the key ranges are as marked. Will look to see if we can break away from the 3 day consolidation, upside targets at 36100 areas.
Some context first we have a failed breakdown below the 46400 areas with the spike lows and the follow up daily reversal candles. we are now holding above previous consolidation zones of 4k regions. Holding and break outside the marked volume zone will look for a break out play. Will scale in with initial feeder positions into dips and at these levels given the RR...
ETH spike lows into interesting zones with lots of selling deltas. 1. We reclaim back 3345 - Upmove is on for a big upside 2. We get below these lows- look to tgt the recent vpoc zones
On the last plan posted we did see a bounce off the 46K areas for a good 800 points move, but that was short lived and markets have scaled back on a risk off global mood. we have a pullback rejection and a lower value area to confirm with that. On the immediate short term looking for a move lower potential for a test into 44500 areas. A deeper scale down can...
We are seeing a formation and hold of a higher Value area. Looking for a trend continuation play here with a potential test of the 46500 areas and a pullback to get to 49-50K areas. Idea invalid on break below 46K hold.
Bitcoin we had a clean upmove from the zones marked at the start of the week. Move to T2 areas failed, signaling structural weakness. Now that region of 33800-34K will be a potential resistance zone. Looking for a sweep lower , may be a potential spike to take out stops before the upmove can resume. Alternate scenario -2 reclaim back 33800 areas
Good chances of a temporary bottom to have been established here. Potential move upto 33900/38900 areas. View failure below 33400 areas. So RR is good for this one.
Banknifty we had been bullish with our views for some time now and the pullbacks last week acted as a zone of consolidation and build up. With reference from the weekly and monthly profile we have this view at this point. Hold of the 35200-300 region look for upward continuation to test 36100/ 36500 Below that the short term top can be considered as established...
BTC is balancing in a small range for past few sessions. Range break out trade on offer on break outside the marked zone. Stops on the other side of the breakout range. Targets are 2-4X move
The upside move is nicely done and dusted. Looking for the Previous support zone here to act as a resistance for a downside push. Locking in gains and some scalping shorts. How deep we will go will determine the next leg of the move. If we are above to hold into 40-38K areas, we will look to take out this pullback highs. Refer to the previous two posts on the...