hakeemb
Watch for london session manipulation. True directional bias is not the up move
o Last week I thought price would go down and fill the imbalance left but boy was I wrong. Far from speculation I have concrete evidence that usdcad will not see a new low form coupled up with a very nice narrative for the pair. So here we go: We saw usdcad complete the accumulation phase after taking out all liquidity below. What follows next in the wycoff cycle...
USDCAD has been preparing for a retracement to level 1.219190 but not without building up liquidity. We might see prices tap the resistance line at 1.26545 and leave Equal highs to be taken out after the retracement. All in all having a bias will aid us in not getting caught up against the trend. Lookindg for shortterm sells at the equal highs then longterm buys
DISTRIBUTION INSIDE AN ACCUMULATION I cannot tell you guys in full totality that this schematic is right for sure, it is just an anticipation of the many possibilities offered by the market. Overall bias is shorts till they sweep the liquidity below. Interms of intraday perspective I think price will continue down and reverse at 0.8500 zone in preparation of a...
BTC has been forming a structure that looks more like an accumulation. I want to believe it is in a re-distribution phase and hence its going to fall. I would look to be a seller between 35200 and 36140. With good risk management that should not be a problem incase it decides to fly. Watch zones between 35200 and 36140 to enter for a short position
Looking to make longs at the 1 min institutional candle. Move is likely to happen tommorrow during london session
Same structure as EU. We are experiencing a divergence between EU and GU because a big move is about to happen
I am expecting continous bullish action next week and maybe market reversal at 1.19610. The price is likely to spring on JULY 14 as we have high impact news. The demand zone around 1.17720 is a key area to watch as the spring will deflect from that zone from my analysis.
Get ready to pounce on an entry during NYC session
I see banks building up liquidity as they try to trap both the sellers and buyers. We have clean equal highs where both stops and orders would be resting. Trade carefully pals Rule of thumb, dont fight the institutions.
USDCAD has been on a monthly consolidation. Price was testing the previous low as institutions accummulate orders. The accumulation cycle has been completed and we are now looking to be very bullish This is a swing trade and positions will be added along the way I will make a follow up post and leave a link here for my short-term perspective.
Price likely to react around 1.800 which is an institutional zone Price is going down to induce sellers in the market then take them out
Looking to sell at 1.23052. I am not expecting price to go above 1.23076. Despite that I would have the stop loss put above the current high. Take profit would be 80 pips below
Micheal Barry, Warren Buffet among many others have been predicting a market crash. Bill gates has sold majority of his stocks and many other big market players are withdrawing. The USTech100 and Us30 follow the same trend as the Nas100. Gear up for a nasty ride down.
I will be using this for study purposes only since the move is slagish and worth very few pips. Distribution occurs in many forms, The above distribution has a leading diagonal to mislead buyers before tanking. We are most likely in the last point of supply at the moment