BANK
220424 BTCUSD Analysis (Monthly candle,Smart money,Harmonic)
30min: You can see the back to back mitigation move at the supply zone.
1M: Harmonic extreme 3.618 extension shows that the price is highly overbought.
Price seemed to bounce at the liquiduity area, but it couldn't to go further only to fail at 1.13 extension area with the clear divergence.
30k~12K is an area whre inefficiency has occured, so the price is likely to go downward to fill the gap.
Thanks.
BROOKS: TAGET 200%Hello traders!
We've come again with another stock breaking up the trend line and closing above the 6ma. Entry can be taken at cmp with a tiny SL with a huge risk reward, that is 1:35. Rest the details are on the chart.
Feel free to ask in the comment box if you have any questions regarding this analysis.
DISCLAIMER: This analysis is only for educational purpose and should not be considered as trading recommendations.
XLF - InterestingSP Financials are coming into the trade, there may well be a large break in trade development.
Keep an eye on these as Banks are going to come under immense duress should 10Yr Yields continue
to grind to 2.85.
Primary Broker-Dealers / Money Center Banks look weak.
NQ BAnk... similar. 5100 may limit upside.