ewhite41

ewhite41 Updated 

HBAR is looking to push lower into the .045 range of market structure. Price is currently under the 20, 50, and 200 MAs. Bitcoin is facing more downside pressure as bulls are being squeezed. In the past 24 hours , 34,248 traders were liquidated , the total liquidations comes in at $102.36 million. HBAR has had some positive news recently with securing...

ewhite41 Updated 

Looking for EUR/GBP to revisit the neckline on this Double Bottom. One June 15th, ECB interest rate decision will be made as well. Which could be in line with the decision of US Markets.

ewhite41

With Inflation remaining high, we could see the dollar strength pick back up, thus making it's way back down to the Golden Ratio Fib levels which sits in the targeted box zone on the chart.

ewhite41 Updated 

SHIB has printed an inverted Head and Shoulders pattern on the 4 hour chart. We also see a Bart Simpson inverted pattern being formed as well. Targets are currently the measurement of the impulse bullish leg. In Addition, we see that targets are currently sitting at a key supply zone.

ewhite41 Updated 

We have an inverted head and shoulders shaping up and a mini Bull Flag pattern. We could see price push to retest supply zone. We also have on the sentiment data, 60% of traders are net short. This gives us an contrarian signal. With any entry, 30-35 pip stop loss is recommended. For tighter stop loss, draw fibs on mini flag pattern and place stop loss below the...

ewhite41 Updated 

It appears we have a liquidity grab with the false breakout with the recent break of structure. We are looking for price to make a strong push to the target supply zone.

ewhite41

Could we see a rally on the US Dollar after the recent liquidity sweep? This is a low risk trade set up as we will set stop loss tight around 15 to 20 pips below the current swing low point. However, be mindful to adjust stop losses during session turnovers due to spreads being too wide. This is a low risk trade because we are at support levels that if price does...

ewhite41 Updated 

Short term price action on USD/JPY. Currently price is at a previous supply zone. Based on the measurement of Top #2 from the neckline on the double top, the implusive leg to the downside gives us targets for TP1, TP2, TP3. Protective stop loss above the 137.200 level. Currently there are 63% of traders short on UJ. These has led to a liquidity grab based on...

ewhite41

Head & Shoulders forming on USD/JPY. We will use downside targets using the Fib extension. This chart is based on the weekly timeframe.

ewhite41

AUD/USD Has flashed a double bottom. I prefer to trade to the neckline and not the actual target. Remember all double tops and bottoms are nothing but price revisiting supply and demand zones.

ewhite41

Potential head and shoulders forming on the daily chart. Note* We are currently in a strong bullish candle on the daily. Please use rules for trading any patterns.

ewhite41

Eth is setting up to revisit market Demand Zone it broke out of on in November of 2020. This is a significant level where price spent 2 years range bounding in this zone. In addition, August 2015-May 2017 was another consolidated region from 46 cents to $20 before going on a strong Bull Run in late 2017. We could be shaping up to see the same price action.

ewhite41 Updated 

UJ is sitting at a key demand zone. We may see a double bottom materialize and revisit market structure.

ewhite41 Updated 

Potential Downside target for Bitcoin to retest the demand zone within the $20,800 region on 15 minute chart.

ewhite41 Updated 

Bull Flag set up on 15 minute chart on EUR/USD. Target zone above. But be mindful of each level of structure to the upside as these levels are still valid supply zones where selling pressure could still be activated.

ewhite41

I am currently long on Home Depot Options to return back to Supply Zone as we head into a Seasonal Pattern on this particular stock. We Also have a Double Bottom in play on the 3 Day Chart..

ewhite41 Updated 

Head & Shoulders shaping up on the 30 minute chart. Pattern is self explanatory. If right shoulder is engulfed, this pattern is voided.

ewhite41

We must monitor this level. We could be setting up a bear trap. At any rate, we are at resistance levels. Understand where liquidty is on the chart. Crypto markets are so young, liquidity imbalances dominate price action. Allow the short bias to form with structure. Keep an eye of open positions of Longs and Shorts positions.