currencynerd

currencynerd

on gold I published an idea to short gold a few weeks ago (find the link to idea below). I executed short orders @ 1873.341 where price gave us a third touch on bearish trendline and extra confirmation was price was reacting to a liquidity pool from 1870.164 to 1859.734 where price went according to the analysis and pushed to the downside. currently I am looking...

currencynerd

a few months ago price broke out of a bearish channel pattern , forming several if not many OCLH candlesticks and creating higher highs and higher lows. Currently a monthly supply level @ 114.471 is in control , at the level reversal candlesticks formed which gave further evidence that bearish momentum is dominating the bulls. Targets are at MN demand level that...

currencynerd

price is trading within a descending channel and is reacting to a monthly liquidity pool ranging from 0.91952 to 0.90740. going down to the weekly a supply zone @ 0.92817 is in control and due to sellers being more active at the zone bearish momentum came into play driving price to the downside. I expect price to continue with its drop with targets at weekly...

currencynerd

from a swing point of view I had a short bias but going down further to intraday timeframes , I noticed price still has room to go to the upside. On the 4hr price is trading in a bearish channel , I see price breaking out of it forming clear full OCLH candlesticks above it . Price is coming from a liquidity pool ranging from 1.33005 to 1.32967 which price traded...

currencynerd

price is trading above MN bullish trendline , from its original swing low price has retested and gave us several touches on the trendline , with each retest price could not close any candlestick below it on the MN timeframe. The last retest resulted in price breaking out of a bearish trendline that had been forming , connecting two lower highs. I see price...

currencynerd

with price trading above bearish trendline , it indicates that bullish traders are still active in then market as now price is reacting to a daily demand zone which caused the initial breakout of the trendline , the zone may not be original and fresh but it is still a crucial zone as we also have a nested 4hr order block in the zone which gave me confirmation that...

currencynerd

Currently price is reacting to a 4hr demand zone from my analysis I have executed long orders with targets at nearest 4hr supply zone. I expect price to breakout of the trendline a form full OCLH candlestick above it and continue its rally to the upside.

currencynerd

bitcoin long trade setup , not much detail to the analysis , price is respecting bullish trendline and is still showing bullish momentum , daily and 4hr demand zones are in control (supply and demand imbalances + Price action.)

currencynerd

price is in a bearish channel , price gave a third touch at the bottom of the trendline giving way to long opportunities. price rallied to the upside and broke out of bearish trendline still inside the channel pattern. currently price is in a pullback phase and reacting to Daily demand CP @ 23.51730 where I executed long orders on the precious metal which targets...

currencynerd

price is in a bearish channel and gave us a reversal at the bottom trendline pushing price to the upside , it then reacted to a 4hr demand zone @ 1.68938 , from my analysis I am expecting price to go long to a 4hr level on interest @ 1.69805 which started as 4hr support level , it is a major level as price validated it as most moves happen at the level.

currencynerd

on Thursday 28 oct.21 price showed several rejections on a bullish trendline acting also as resistance , price failed to form a full OHLC candlestick indicating breakout or even close above the trendline. bullish momentum came into play and the instrument pushed to the downside. currently price is reacting to a liquidity pull and is showing of an overarching...

currencynerd

Price gave us A THIRD TOUCH ON BULLISH TRENDLINE , pushing price down after several days of it rallying to the upside , MORE BEARISH MOMENTUM EXPECTED WITH A RISK:REWARD 0F 1:2 WITH TARGETS AT LIQUIDITY POOL RANGING FROM 7164.0 TO 7140.6 .

currencynerd

for the past few weeks NASDAQ has been rallying to the upside , this week it set a new record high @ 15790.1 , after price dropped a few points showing that bearish momentum is coming into play as price also closed below daily prev high @ 15706.5 . I am expecting price to push more to the downside to retest daily demand CP @ 15424.5 and consolidate a bit before...

currencynerd

price is currenctly reacting to a key supply level taken from the daily timeframe @1.16225 , if the level is strong enough it might cause bearish momentum to get into play and push price down to daily demand level @1.15494 which may cause buyers to get into play as its the level that broke our bearish tendline. another scenerio might be price continue to go up to...

currencynerd

gold short. supply and demand incombination with price action. price is reacting to a 15 minute CP supply zone and a nested peak in 5minute timeframe , with anticipation that bearish momentum will start to kick in the market driving price down to an none fresh zone in 15 minute.