Shykh_Trades

Shykh_Trades

My entry point for WIF was accurate and we got a bounce from there. Now there three things in play right now 1. If we reclaim the previous lows, which is the green line than we can take entry when the trend comes to retest the previous lows. 2. If the trend pull back from the current imbalance, which is blue scenario than we can take entry around 1.50 3. Looks...

Shykh_Trades

My plan mention on the chart. Simple, reclaim the previous lows and retest it.

Shykh_Trades

Bonk bounced from my support. At the current level there are several support acting on this level. 1. Daily imbalance 2. Weekly low Now in order to enter this trade, i would like the previous low to be tested. Target mentioned on the chart.

Shykh_Trades

Bounced right from my demand area. Now we will wait for some triggers to enter long. I want the previous lows to be reclaimed and retested. When that is done, trend will be bullish and smart money will enter this trade.

Shykh_Trades

Going as per plan. Ideally I would like that would brush the May low and reclaim it. It would hit several trigger 1. Cover the monthly imbalance 2. Would touch the monthly balance price action. 3. Hit the long term trend line.

Shykh_Trades

Head and shoulders pattern in the process. We can trade the formation of the right arm

Shykh_Trades

Trend is in a strong demand zone and should bounce from here. We can target the mid point of the range as a target to sell off. Good luck

Shykh_Trades

The trend is currently going to retest the break out. I would look to add longs in the green zone.

Shykh_Trades

One of the bullish coins in this cycle though i think trend is in the selling zone and in the distribution phase. I would look for entry at the Monthly imbalance that would be my demand zone.

Shykh_Trades

Price close to previous monthly lows and clearly it looks like it wants to sweep them. Green box is where i would look for a MSS

Shykh_Trades

Heavy selling pressure though my plan remains the same. Looks like trend wants is drawing towards the daily imbalance Green box is my target where I would see a market structure shift or previous lows to be reclaimed.

Shykh_Trades

Fake support has been created by smart money around the 0.90 zone to induce retail traders in placing their longs at that level I would think the trend would target the weekly imbalance which would take out these lows whereas also give us a deviation. Green box is my entry where I would seek a market structure shift as well Daily MACD is under the zero line...

Shykh_Trades

Market structure change to sell program. I will look for entry in the green box only if the MSS changes. With SOL going into deeper correction, I would think my green box will be respected.

Shykh_Trades

Macro structure on the Daily flipped bearish in December. Trend tried to re claim the previous lows which was a bullish move though wasn't able to sustain the momentum and failed on retest. Extremely bearish conditions with imbalances and balance price range acting as resistance. Best case scenario would be accumulation at the current level and then trend cover...

Shykh_Trades

There are two things to review before we can enter a trade. Over social media, a lot traders are contemplating the idea that we should already be place our bids on the current level and that the trend would give at least 60% pump though here's the issue 1. Market structure on the daily has flip bearish. 2. Trend was unable to claim the previous lows and has come...

Shykh_Trades

Trend is failing to reclaim the previous lows has we would see it moving towards the current lows for more liquidity. I would think it would sweep the local lows and then move upward

Shykh_Trades

Trend failed to close above the monthly and weekly high would mean more retracement towards the previous lows. Price level of 1.09 is key. If the monthly candle closes above this price than we can get more upside movement. In other scenario, we should see the price at 0.84, sweeping previous lows.

Shykh_Trades

Staying above 3.3k, price can move towards 3.5k and 3.7k. If the daily closes below 3.3k and does not reclaim the previous lows than trend can move towards 3.2k and 3.1k Right now i do not think there would be deeper retracement as we have a breaker and FVG as support