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Breakofstructure

Possible Break of StructureBTCUSD has exited the structure that has been able to be modeled by the continuous-time markov chain, which I have been updating as it made its way through the stochastic paths between transition states the past few weeks. What this means from here - should retest the boundaries of the markov grid (~28632.10 is the lower boundry) that materialized over its time in consolidation. If it gets back into the grid, it may or may not maintain the mechanics of the stochastic process. I'd expect volatility to increase from here in either scenario. - If fails to re-enter here, could follow the channel down (solid blue lines on chart) - this channel formed prior to exit of markov grid and provided an exit path out of boundaries. If it follows this channel pay attention to price action around the channels support and resistance. A break out of channel could give it another opportunity to try and re-enter the markov grid; a break down from channel and I think it gets hit to 22k. *** There is now more near-term risk than reward here. If breakdown further = sharp downside. If breaks back up could either get trapped back in consolidation OR whipsaw to the upside and attempt breakout of the markov grid (only 1 of 2 of the bullish possibility is motivating to be long, and the bullish possibility has lower probability of occuring than the bearish possibility)... you see what I'm saying here?
BITFINEX:BTCUSD
by JerryManders
4
Pullback Then Short?Nice BOS on Gold, looking for a pullback/rejection, then confirmation for shorts down to demand! Let me know your thoughts! * Disclaimer ** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
OANDA:XAUUSDShort
by benalistarfx
AUDUSD Double BOS. Time to go up!Hey Traders, Little bit weaker of a set up here on the AUDUSD, but overall it still is double break of structure and a push against the usual trend we have witnessed. Keep an eye out, we had to have a very bullish run and then that very long wick that pulled down into the demand area which may have filled up all the orders were looking for. It's going to be an interesting one to see how this unfolds. Keep your eye on this pair on the 1h chart and as we do come back down to this purple area, if on the lower time frames like the five minute we can see a strong indication we're going to head higher, then I think we can start running back up to the top up to around the 0.744. Let me know what you think and what your analysis is on this pair.
Long
by the5erstrading
2