Having prepared this keeping liquidity zones in mind, I see the possibility of price of GU to grab more liquidity from 1.23200-1.23300 area to fuel the move up towards previous swing high at 1.24500 level. Given that wednesday FED will release the next interest rates decision, expected to come in at +0.25%, it would suggest further that the FED-s decision to slow...
Price today was pulling back on the 4h tf uptrend, providing short daytrade opportunities on lower timeframes. Now after making the lows at 133,70 price has broken structure to the upside and a new long opportunity may present itself. Entry at 15min demand zone 133,995 and stop just below that same demand zone. Targeting 1:5 RR at 135.00 level.
I took the higher supply range from the last 1h candle before bearish breakout aka Bearish Engulfing. I dragged the zone from the high point of the 1h candle to the low point. Now the idea is to wait for the price to retrace back to that zone and the short entry would be set at the lowest point of that range, with a limit order. Stop loss should be set just above...
BTC/USD currently having slower momentum to the upside after the long awaited bullish trend. Price topped out at 42532dollars and formed a new lower low level at 37536dollars, breaking the previous low of 38335dollars. This is a high probability short setup and price may be dropping lower towards 35000USD mark, which on higher timeframe would be a very healthy...
Gold price currently holding very well on the 1810 support, assisted by fibonacci 78.6 and 61.8 levels. I am entering a long from this point on with a stop just below 1809 and targeting the 1825 region, where price experienced resistance before falling from 1830 highs. - Strong momentum pushes from 1810 support area, forming a clear highs and lows pattern,...
Eth currenly showing momentum slowdown after creating a new high, following the current uptrend. Price came from 2325 with a strong momentum, peaking at 2480 usd resistance. Expecting the trend to continue up but first a retest of the trendline and 2400, to pick up orders for next leg up. On lower timeframes the price has had a strong momentum down, taking out...
Seeing lots of potential for XRP/USD to hit 0.7900 soon. Price currently sitting at 78.6%fib support. Check the distribution pattern from the Fib placement. 1:7.6 RR trade. Probability for 11,50% gain. Price sitting at 0.7000 support, made a new higher high and now came back to retest the same 0.7000 support at 78,6% fib level. This setup is assisted by...
So currently seeing ETH banging its head on the 2325 resistance line, while at the same time creating higher lows, indicating a potential breakout through 2325 resistance. Seeing the momentum from 2150 I expect price to show a bit more momentum to the upside and potentially breaching the previous high level at 2430. Current Risk setup is 1:7.5 Profit level from...
Intra day short position on GU, based on the rising wedge pattern and price rejecting 4h resistance at 1.4170. Stops above the last 1h bearish candle that broke the wedge and target is the 1h support level at 1.4018. Risk reward 1:4 0.5-1.0% risk.
BTC has made a bearish price action during this super bullish period for the whole crypto market. Price has a textbook situation, where higher high and higher low levels are broken aka a trend reversal pattern, where the last higher low level gets taken. I would look out for strong bearish pressure around 60k region. There is potential that price may see some...
Btc price action has been signaling the potential for a strong move down. Taking this and applying onto xrp chart I see the same scenario happening as whenever btc falls the whole market gets taken down. Btc is turning bearish and xrp has been creating a head and shoulders pattern. As it seems, head and shoulders is basicly in every major turnaround within the...
Xrp has provided nice and easy setups during this bullrun. Xrp price retraced from the high to retest previous resistance at 1.50, giving it even stronger potential to go higher from current levels. I've measured the target for 2.15 from fibonacci and seen this play out perfectly over and over again. See how the 50EMA (blue) is about to cross 100EMA (red) from...
Gold forming a head and shoulders pattern. Neckline at 1730 support area. Shoulders at 1745 resistance area. Price broke the 1745 resistance, came back to test as support after making a new weekly high and capping at just below 1760 level. Price then slowed down at the 1745 support, signaling retailers to go long and slammed back down below 1745 and found support...
Euro now approaching a daily key area of 1.1950 from where the price has had strong rejections before. So now expecting to see the same thing happening. US economy seems to be finding its feet and indexes are at their all time highs, all this indicating a strong US economy. Dollar has been in a heavy ascent for some time now and the current retracement may find...
Apple about to reverse to the upside. Major Inveserse cameltoe pattern forming on the chart. Technicals don't lie, remember that. Cameltoe does not lie.
Seeing this opportunity on GBP/AUD. Price currently rejecting the fib 61.8 level, which aligns very well with previous resistance from 10-11th February. What pa has done in the past day or so is take our the stop loss from short positions placed around 10-11th february. Now expecting to see a followthrough and price to hit the previous daily support level of...
So I am looking at gold hitting the 1675 level. First level to break is 1765 in order to reach the previous daily support area once again. But before that happens I am expecting gold to push back higher into 1900s. First trade could be a nice long position from current 1825 support up to 1900 level. From there we would be in a selloff zone where Im expecting to...
1.2850 has proved to be a heavy resistance zone for usdcad these past weeks. Blue lines are previous 4h levels which price has and still is respecting very well. I am looking if USDCAD will hit the 1.2730 support. Seeing a nice short opportunity from this current price action. 4h bearish signals all over the place around the 1.2850 level. Not to mention the trend...