TheMarketFlow

TheMarketFlow

The market has turned south, after reaching the weekly target fibo 200, with a daily wave, and then tested the last clean daily breakout, but couldn't close above it. It's between a daily breakout and a daily breakdown, that makes it a neutral zone. Leaving this zone (up north there is a clean H4 breakdown that may stop the bulls) puts the market either in the...

TheMarketFlow

The bullish trend is valid on all the major timeframes, and the market is at the daily target fibo 61.8, already above the last clean breakdown - the border of the expansion phase. Daily chart: If this small countertrend is broken (at the trigger zone), the first target is the daily peak (target fibo 100). ——— Orange lines represent impulse bases on major...

TheMarketFlow

This weekly candle looks bearish. It's even more bearish if we take into account that it was printed on the monthly impulse base. It means that the monthly trend is still short, and if the weekly gets aligned, the price may target the last clean weekly breakout (red), where the countertrend line also breaks, and where the $1 for natural becomes a nice target. Do...

TheMarketFlow Updated 

The last impulse, that is visible even on the weekly chart, broke the weekly structure. The emerging countertrend only came back to 23.6, but tested the weekly (and H4) breakout, and turned up in the direction of the primary trend. This is the expansion phase with a target of 109.00, and it is valid until the structure breaks on H4. ——— We may not know what...

TheMarketFlow

After a huge impulse that turned the monthly chart long, the countertrend is valid on the weekly and the daily. As long as this daily short countertrend is valid, the next targets are the correction fibo levels and the weekly breakouts. The primary long trend resumes above the last clean daily breakdown (green). ——— Orange lines represent impulse bases on...

TheMarketFlow

The daily countertrend has reached the weekly breakout, and turned long, breaking the last clean daily breakdown. As long as the daily impulse base holds, the primary long trend is valid. ——— Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum...

TheMarketFlow Updated 

The market has printed a deep correction of the last weekly impulse. The correction fibo 61.8 is already done, and we may be heading towards the 78.6 There is a clean (not yet tested) H1 breakout, where entry signals have some chance, but don't forget, we are deep into the correction, where the accumulation phase may be built up with frequent changes in...

TheMarketFlow Updated 

The valid trend is short on the W/D/H4 timeframes, and we are below the monthly impulse base. A break below the last H4 breakout, in line with the daily counter-impulse base, results in targeting the next daily support very close to the daily target fibo 138.2. ——— Orange lines represent impulse bases on major timeframes, signaling the direction and validity...

TheMarketFlow Updated 

The countertrend of the primary short trend is valid, and it turns into a primary long trend only above the daily impulse base. Until it's traded below that level, the primary short trend may resume any time. 💰 The condition: significant break below the trigger zone. Since H4 is already down, the next wave south has the chance to go to the first target, that...

TheMarketFlow

The daily countertrend is valid with 1-2-3 waves down. As long as the H4 short trend is also valid (below the H4 impulse base), the market is in the expansion phase of the short countertrend. Targets are correction fibo 38.2 and 50, and the H4 target fibo 138.2 in line with the weekly impulse base. This is the correction. Keep it in mind when calculating...

TheMarketFlow

The trend is short on every major timeframe, and the market has a nice room till the correction fibo 38.2 There are 2 clean (not yet tested) H4 breakouts that can be excellent entry zones for short trades. ——— Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where...

TheMarketFlow

The correction of the daily short impulse on H4 forms the minor long that that is valid. The main H4 breakdowns (aqua) and the daily breakdown zone (orange) are the targets of this long trend, but it is a minor one, so it can turn south any time, and if the H4 impulse base is crossed down significantly, the next targets become valid in the short...

TheMarketFlow

After reaching the weekly target fibo 323.6 , the market broke the structure on the weekly chart (closed below the weekly impulse base). This impulse looks nice on the H4 chart as well, and a long countertrend of this counter-impulse has been formed. This minor long trend (the countertrend of the countertrend) is breaking at the short trigger zone (red). If...

TheMarketFlow

The countertrend is valid on H4, so if the trigger level is crossed up with a trigger candle on M15 or H1, the daily breakdown and the H4 breakdown zone become target. ——— We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds. Stay grounded, stay present. 🏄🏼‍♂️ Your comments and support are appreciated! 👊🏼

TheMarketFlow Updated 

There is a valid bull trend on the monthly and below. The trigger level is the daily breakdown, which is in line with the break of the countertrend line. If it's taken back by the buyers, the market enters in the daily long expansion phase, and the daily target fibo 138.2 in line with the next daily breakdown is my target zone. ——— We may not know what will...

TheMarketFlow

Actually, 2 weeks before Trump became elected president, BITSTAMP:BTCUSD printed a nice trigger candle (Marubozu) on the weekly, with waves already up, breaking the previous counter impulse base, and the countertrend line, at the weekly target fibo 61.8. The rest is history. Did anyone here has this idea back then? Anyone thought it would go...

TheMarketFlow

Being a successful trader requires the ability to identify the phase of the trend with the highest probability of success. The best opportunities arise during the expansion phase, where the prevailing trend resumes, pushing the market to new highs or lows. This phase is characterized by swift, decisive market moves with minimal pullbacks, aligning strongly...

TheMarketFlow

The daily short countertrend is valid, and the W/D/H4 timeframes are in sync, resulting in my bearish view. As long as the daily impulse base is not broken by the buyers, there are two clean breakouts that may trigger the shorts and lead the price to the target zone. ——— We may not know what will happen, but we can prepare ourselves to respond effectively to...