the pattern bitcoin is experiencing now is similar to what has happened before and is happening at the exact same time of the year as well
A swing low could be forming on the daily. If USDJPY can make a clean break above level 1, I'll look at price action to confirm a market long with an initial target set at level 2. If price can get there I'll reassess to see if it can potentially get to the grey box or I'll cut the position.
cutting longs for now in waiting for a clearer picture. if price reclaims green line/pivot marked in grey i will be looking to take another long targeting previous highs.
Looking to enter a long on the break of this range to the upside targeting old highs
Figured I would post another analysis on kiwi since it has been playing out so well. We saw a strong monthly candle close for November, however I do feel like price action is becoming weak and will want to seek liquidity resting below that huge hourly candle shown on the right. It's in confluence with a monthly order block I marked out in red as a potential bounce...
These are the ranges I've been using to play USDCAD lately. It's been my favorite pair to use ranges on and has allowed me to be fairly accurate.
Low time frame range I'm looking at for BTCUSD at the moment. I'm flat and will not enter a trade until Bitcoin retests the previous range or breaks support ob marked in grey in which i believe it will go down to test the range low. Breaking out of a range would usually be a great time to long or short, however I'm not confident in Bitcoin being able to move up...
Just my longterm analysis on NZDUSD and why I find it incredibly illogical to continue shorting this pair.
Another stock I'm bullish on. Long a pullback, set conservative target at around 70.4, aggressive targets would be around 76 to 77.
Not big on stocks but this is my view if TECL can flip the resistance level. If not, we can expect to return to retest the blue block. I'm only bearish if it goes under the monthly support level.
Really enjoying NZD. Gonna look for more short opportunities around the daily block whether it breaks up or down.
Another idea that is doing very well. AUDUSD should see a pullback to give more long opportunities. crazy price action. very happy with my analyses.
Idea is finally playing out. I'm expecting a pullback to give more long entry opportunities.