additional information to support my long bias for SP 500 and now i will look for long calls on SPY In accordance to this data previous idea linked below
possible bull run if this zone of 4400 holds i project with a market break around 4460 we will see the shift to bullish momentum to propel price towards 4640 or higher
Entry 53.70 for that the closest strike is 54 target is 54.70 this idea is also designed for just regular holding
price broke structure from a previous bullish trend (BMS) which lead to asian and london accumulation to shoot price back up to the high forming a hod and now i think price will test this high and fall to continue the bearish market structure
my thought process for this is that i suspect we will see an attack on liquidity around the previous weekly low first before a push back clearing internal liquidity targeting the previous daily high. Trend is dominantly short so the PWL will be taken out at some point.
shift in market structure around 4th April with a break in structure which has lead us to drop base drop continuation price action. i believe this will propel bitcoin to the previous monthly low (PML)
Admittedly gold was a bit tricky to analyze. We have bullish accumulation with trendline liquidity many sellers trapped to the downside I'm anticipating further manipulation towards sellers before the anticipated bull run
We are looking at a possible high of the week with quasimodo(QML) confluence for taken this symbol short notes on chart lets see how it unfolds
price shift happened around 1.24700 putting bulls in control breaking out of major TL resistance now for a discount entry towards 50% - 61.8% of the new range highlighted is ideal
Support of 93.60 is holding price in majority in uptrend i project new highs to be created as price continues bull run
bullish market structure price recently broke lower high (choch) this shifted price back bullish and now i expect demand to hold while price make higher lows and higher highs targeting 125.000
market sentiment in my opinion is still bullish we appear to be in a slight correction buy puts for me are favored for right now somewhere towards 14000 level bullish sentiment will probable step again to continue the run
price is testing SRF zone current market structure is bearish in my notes i explain when price shifted into this current market structure now we wait for price to create a new lower high from there we plan a trade and target current LL because it will be taken out if structure remains in tact
price is testing previous support on the daily. if price does decide to hold this zone of 1.1120 then price will take out the low of 1.0800 to continue the bearish market structure
When price broke the low of 1.31600 this made me short bias for this pair. LL appears to be formed now just waiting on the pullback which an occur 50 to 61.8% (1.3165) which would be nice entries to consider entering and possible holding to 1.3000 psychological level
once the low of 1.4120 was broken that signaled a bearish market sentiment for me and now price has retested my HLZ and i have price falling back towards 1.3850
nas100 forecast should see a surge in tech stocks tomorrow im anticipating price to push back towards 13300 supply zone before downward continuation back towards 13000
bullish market structure i have price breaking 218 to continue the bull run but before that happens i will be dropping down to lower time frame for better entries as prices prints a projected higher low lets see how it unfolds