3-Oct-24 UpdateRecent price action has been bullish, but we are also "magnetized" to the psychologically significant big even of $60,000.
This could result in a high volatility uptrend to break above $65,000 before breaking below $60,000
Fractal
Sell BNB $Short postion leverge 50x to Target 🚀🚀
in this chart price can touch green areas Easily for sure so you can enter short postions with some martingels !
XAUUSD 💹
Outlook: Gold looking good inside this 5hr impulse correction range A. I need the 30m However to show a correction so that I can look at the 6m then my entry time frame 1m.
NY session bias: Bullish
3-Oct-24Now that we've touched $60,000 I expect price to linger at this level with enough volatility to shake out longs and shorts accumulated at this level by repeatedly breaking the highs and lows, but without getting too far away from $60,000
BCO💹
Outlook: Crude Oil has been looking really good breaking bullish since yesterday. We have this 30m Impulse Correction and I am currently waiting for the 6m to show a correction inside this 30m A. Then I will wait for the 1m to do the same Impulse and correct. Lets see if we show signs of bullishness that this thing wants to go up.
NY session bias: Bullish
NAS100 💹
Outlook: NAS100 looks to me like it still wants to go long long I just need price to show an impulse and correction on the 6m and 1m to follow this long.
NY session bias: Bullish
Continue Reading GBPUSD Price Action Let's Continue Reading Price Action of GBPUSD Market and Finding Some Trade Opportunities for next Market Movements, Good Luck With Your Trades <3
Continue Reading EURUSD Price Action Let's Continue Reading Price Action of EURUSD Market and Finding Some Trade Opportunities for next Market Movements, Good Luck With Your Trades <3
2-Oct-24 Update 2I think we will bounce once more on $60,000 to form a bear flag, before dropping to break support levels at $55,555 and $50,000.
I'm using a fractal of similar bearish activity, but the last break through $50,000 is likely to take a little longer than the fractal suggests.
2-Oct-24 UpdatePrice has bounced on $60,000, so I think we will oscillate here to form a bear flag, before dropping lower to reach the next demand zone.
The bounce from $54,000 should provide a great trade opportunity as it returns to the big even at $60,000, before dropping back down for a retest of $54,000.
MARKET RED OCTOBER SQQQ is great pricing. You can see downside target before buying sqqq calls again. Watch for confirmation. Fractals are never exact so pay attention to levels but market will go lower.
XAUUSD💹
Outlook: XAUUSD looks like it is doing exactly what we want broke bullish during Tokyo and London session. For NY I want to see a re-accumulation and it looks' like we are doing it now on the 30m time frame. I want to see price start creating demand on my 6m time frame before scaling down to my 1m entry time frame.
NY session bias: Bullish
2-Oct-24Now that price has returned to the previous range, I expect the limits to be broken down, then up, without breaching the support/resistance zone on the other side.
We might then be ready to drop to find support at the next demand zone, providing a bounce to return to the current level, which appears to be an equilibrium point for now.
Continue Reading Price Action of XAUUSD ChartLet's Looking at XAUUSD Price Actions and Try to Read The Market and Finding Some Trade Opportunities, Good luck With Your Trades <3
Continue Reading Price Action of GBPUSD ChartLet's Looking at GBPUSD Price Actions and Try to Read The Market and Finding Some Trade Opportunities, Good luck With Your Trades <3
Continue Reading Price Action of EURUSD ChartLet's Looking at EURUSD Price Actions and Try to Read The Market and Finding Some Trade Opportunities, Good luck With Your Trades <3
Accumulation, Manipulation and DistributionPrior to overcoming the 4-hour rejection block, price formed a consolidation phase, indicative of accumulation. This was followed by a volatile bullish move that successfully mitigated the rejection block, entering a manipulation phase.
Subsequent price action led to a displacement, clearing the swing. Currently, we observe a bearish sentiment, anticipating a corrective hike to fill the imbalance and respect the fair value gap at 1.51200. The fair value gap shall be our entry with the demand zone at 1.50200 as the target from this expected distribution phase delivery…
XAUUSD💹
Outlook: XAUUSD needs to show some conviction on the 30m while inside this 5hr IC for me to be interested in longs because at the moment the 30m is bearish so staying away until then.
NY session bias: Bullish for NY tomorrow as long as we stay inside this 5hr IC range. And show some conviction on the 30m.
1-Oct-24 UpdateThis is a minor update to my previous forecast. I'm modeling the arrow path from the blue fractal, which shows a period of high volatility followed by a short squeeze. The fractal is placed with the x axis aligned with the recent drop, and the y axis aligned with a break of 67K after the period of volatility.
This indicates that we will return to the mean first, then break the latest low to access the liquidity pool there. After a bounce and correction we should find support and continue to break 67K
1-Oct-24Price has broken to a third LL as we begin the new month. I'm expecting some ranging volatility at this level to shake out the liquidity, before a retest of the previous HH at $66,666.
NAS100💹
Outlook: NAS100 has been breaking bullish and accumulating creating a Impulse and correction on the 5hr chart and is inside this 5hr range. Price is currently in a discount range and has shown a impulse/ money coming in on the 30m chart. For NY session I want to see price inside the 5hr range I have here and I want to see price show an impulse on the 30m time frame before going down to my 6m time frame.
NY session bias: Bullish price is currently showing some money coming in for Tokyo but we will see how price looks like after London session. Good luck tomorrow! we have news at 1:55am EST so I will be trying to get positioned before news into continuation for higher prices.
TSLA💹
Outlook: TSLA has been breaking bullish and accumulating nicely. Price made a bigger re-accumulation the last 2-3 hours but we are still inside this 5hr bullish impulse range. I will be looking for longs on TSLA if they present themselves/
NY session bias: Bullish/ re-accumulating looking for longs NY stock exchange open.
