9-Sep-24I'm expecting a series of higher highs and lower lows to repeatedly expand the trading range by seeking liquidity in both directions.
This could result in a megaphone formation, eventually ending bullish.
Longer term view:
Fractal
XAUUSD Outlook💹 Commodities:
👁️ Outlook
Long Term time frame (5hr): Gold is currently inside this 5hr range. We failed to break into higher prices last Friday NY session and took out Thursdays low. I believe we will be seeing lower prices from Gold down to 2470.850.
Intermediate time frame (30m): I would personally look for shorts on Monday London or NY if I was trading Gold.
Price is just not convincing and we have big money coming in on the other side. I am Bearish on Gold until it shows strength to the upside again.
Keeping an eye on this. 👁️
SPX500 Outlook💹 Indices:
👁️ Outlook
Long Term time frame (5hr): We have been breaking bearish on the 5hr and showing strength to the downside.
Long Term (5hr): Price however is over extended and needs to build liquidity over the week.
Intermediate frame (30m): This is what I am expecting for the sessions to look like by the time its NY session.
I believe we could be seeing longs for the start of the week on Indices to build that liquidity. I will be looking for longs Monday NY session depending how price looks at 8:30am EST.
Keeping an eye on this. 👁️
NAS100 Outlook 💹 Indices:
👁️ Outlook
Long Term time frame (5hr): We have been breaking bearish on the 5hr and showing strength to the downside.
Long Term (5hr): Price however is over extended and needs to build liquidity over the week.
Intermediate frame (30m): This is what I am expecting for the sessions to look like by the time its NY session.
I believe we could be seeing longs for the start of the week on Indices to build that liquidity. I will be looking for longs Monday NY session depending how price looks at 8:30am EST.
Keeping an eye on this. 👁️
Looking at NZDUSD Price ActionsLet's Read the NZDUSD Market Price Actions and Decide to What gonna do in next days, Good Luck With Your Trades <3
Looking at USDCAD Price ActionsLet's Read the USDCAD Market Price Actions and Decide to What gonna do in next days, Good Luck With Your Trades <3
Looking at AUDUSD Price ActionsLet's Read the AUDUSD Market Price Actions and Decide to What gonna do in next days, Good Luck With Your Trades <3
Looking at XAUUSD Price ActionsLet's Read the XAUUSD Market Price Actions and Decide to What gonna do in next days, Good Luck With Your Trades <3
Looking at USDJPY Price ActionsLet's Read the USDJPY Market Price Actions and Decide to What gonna do in next days, Good Luck With Your Trades <3
Looking at USDCHF Price ActionsLet's Read the USDCHF Market Price Actions and Decide to What gonna do in next days, Good Luck With Your Trades <3
DOGSUSDT ( next move possible )Doge will be pump again
But from witch area ???
The Best and Save AREA is 0.68 & 0.38% of Fibo ...
So dont sell your dogs and waiting for next pump and sell it after it ... 🔥🔥🔥✅
BTCUSDT This is my idea of possible will happen to BTC
The price is currently creating liquidity at the ltf and possible to touch the breaker Order block at demand zone. Once the price taps into the order block to the demand zone, there's a possible to bullish.
Or
If the price will continue go up to make break of structure, I think the price will tap the 4H order bock
Bitcoin Bull Run Continues?My expectations from the previous post have materialized, and the price of Bitcoin has dropped again into the price imbalance zone below 53,500. My expectations for Bitcoin's price next week are as follows: due to negative economic news, the stock market will likely continue to decline for several more days starting on Monday. Since Bitcoin's price correlates with key indices like the S&P and Dow Jones, there is a high probability that Bitcoin will continue to decline, potentially reaching as low as 48,900.
If we look at the Long-Term Holder Realized Profit/Loss Ratio 7D indicator, which unfortunately is not yet available publicly on the TradingView platform, based on this data, Bitcoin is currently in an accumulation phase before a major growth season. Similar patterns occurred during the 2011 and 2021 market seasons.
Looking at GBPUSD Price ActionsLet's Read the GBPUSD Market Price Actions and Decide to What gonna do in next days, Good Luck With Your Trades :D
Read The EURUSD Price ActionLet's Read the EURUSD Market Price Actions and Decide to What gonna do in next days, Good Luck With Your Trades <3
7-Sep-24Yesterday's forecast has been accurate so far, but I now think we are likely to seek liquidity with a lower low before the bull run starts.
I expect an "honest" bottoming head and shoulders, which indicates confidence returning, which will accumulate stop losses at the lower low - which then become the target for a liquidity hunt.
I expect the lower low to be short lived, before we bounce to the original target of the H&S.
Longer term view:
Shoutout to @MyCryptoParadise_Nathan for starting me down this line of thinking. Don't worry I won't blame you if it doesn't work!
$OTHERS Altcoins One Last 25% Leg DownAltcoins looking like they've nearly bottomed.
Price action closing below the Weekly 200MA and .236 Fib setup the last 25% leg down.
I expect CRYPTOCAP:OTHERS to top out in Q4 2025 ~2.1T which is the 4.764 fib where last cycle topped at.
Bitcoin would go sideway until the end of this yearThis is a fractal I found that shows similar price action to the current 6-month consolidation of Bitcoin. Note that the chart below is at a 3-day interval for each candle, representing the bear market price action in 2014-2015. This fractal suggests that the current correction has found a bottom at 50k and will likely move sideways from now until the end of 2024. The good news is that 2025 could be a great year for Bitcoin. Time to DCA in!
XAUUSD Outlook 💹 Commodities:
👁️ Outlook
Context time frame (5hr): Price has been breaking bullish
Context time frame (5hr): Price re-accumulated and has showed strength to the upside heading towards 2531.765
Validation time frame (30m): Price is currently re-accumulating
I am expecting a deeper re-accumulation for news then looking for longs inside the 5m
Keeping an eye on this. 👁️
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US30 Outlook💹 Indices:
👁️ Outlook:
US30 has been breaking down into the 200ema
Context time frame (5hr): I would like to see price show strength above the 10ema and 50ema before looking for longs.
Validation Time Frame (30m): Price is below the 10/50/200 and is breaking into new lows.
Neutral on US30 until it shows strength in the same direction both on 5hr and 30m time frame.
6-Sep-24Inflation is getting scary and that fear might fuel a bull run in Bitcoin. If a big bull is on the horizon, look for a bear trap soon (and vice versa).
I'm expecting a retest of the recent reversal demand zone, I think it will hold strong or maybe briefly break to a lower low.
Longer term view:
CADCHF Trading Plan - 05/Sep/2024Hello Traders,
Hope you all are doing good!!
Carrying forward the last post regarding CADCHF, I am still bias for upside move soon.
Trade Plan: Wait for the BUY setup at zone.
Your follow and like will be a token of appreciation.
