Continue Reading EURUSD PriceLet's Look at EURUSD Trade Opportunities and Continue Reading Price Action of That, Good Luck With Your Trades :D
Fractal
BTC 2025 Bull RunMy prediction for the BTC 2025 bull run. We continue the lock-out trend all the way to Q4. Peak around $250-300k area.
Let's Look at Chart After News ReleasedLet's Update Charts (EURUSD, GBPUSD, USDCHF, USDJPY, XAUUSD) After News Released, Good Luck With Your Trades :D
Continue Reading XAUUSD PriceLet's Look at XAUUSD Chart and Looking for some Trade Opportunities, Good Luck With Your Trades :D
Continue Reading USDJPY PriceLet's Look at USDJPY Chart and Looking for some Trade Opportunities, Good Luck With Your Trades :D
Continue Reading USDCHF PriceLet's Look at USDCHF Chart and Looking for some Trade Opportunities, Good Luck With Your Trades :D
Continue Reading GBPUSD PriceLet's Look at GBPUSD Chart and Looking for some Trade Opportunities, Good Luck With Your Trades :D
Continue Reading EURUSD PriceLet's Look at EURUSD Chart and Looking for some Trade Opportunities, Good Luck With Your Trades :D
GU shortLate day fade, DXY is at a potential buy level, should see this extension fill at least partially.
BTC Analysis and ProjectionLooking at the bigger picture, after testing the $49,000 level, there are strong indications that Bitcoin might push for a new all-time high. Recently, Bitcoin shook off stop losses from the previous weekly low and gained significant volume in the imbalance zone, signaling a potential bullish move.
Key Levels and Scenarios:
1. Bullish Scenario:
We are currently watching the bullish level at $65,359. If Bitcoin manages to hold above this level and gain momentum, the next target is $84,000. This scenario aligns with the expectation of an altseason in 2024, where altcoins might see significant growth driven by Bitcoin's upward momentum.
2. Bearish Scenario:
However, if Bitcoin fails to sustain the bullish momentum and drops below the recent low, we could see a decline to the $43,000-$34,000 range. This would likely delay the anticipated altseason until the early quarters of 2025.
In summary, the current setup suggests a potential for significant gains if Bitcoin holds above key levels. However, a failure to do so might trigger a deeper correction and push back the altseason timeline. For now, the focus remains on how Bitcoin performs around these crucial levels.
A Quick Review of Price Action in my ChartsLet's Looking at Charts and See what does Happened and What is Happening in EURUSD, XAUUSD, GBPUSD, USDJPY and USDCHF, Good Luck With Your Trades :D
$BABA volatility pricing skew on CALL side before earningsThe high vertical CALL pricing skew on the options chain shows that the CALL options for the September expiration are already much more expensive than the PUT options at the same expected move distance. This suggests that market participants are pricing in an upward move.
Let's take a closer look at the probability curve formed by the options chain. I'm very curious to see whether the 8/8 to +1/8 quadrant line will hold the price for BABA, or if it will continue to surge into the Upper Extreme quadrant, heading towards +4/8 until $100.
If everything stays the same, something like this could be an interesting lottery ticket for me. I'm thinking about an OTM call butterfly with a short expiration before earnings.
I have to admit, I’m not a big fan of risking on this red/black roulette type of play, but if things stay as they are, I might consider combining it with a 40 or 68DTE credit put ratio below and the call butterfly above before earnings.
But we'll see how things look on the day before earnings!
Let's Be Ready for This Week Trading USDCHFLet's Looking USDCHF Chart and Prepare for Trading in This Week, Good Luck With Your Trades :D
Let's Be Ready for This Week Trading USDJPYLet's Looking USDJPY Chart and Prepare for Trading in This Week, Good Luck With Your Trades :D
Let's Be Ready for This Week Trading GBPUSDLet's Looking GBPUSD Chart and Prepare for Trading in This Week, Good Luck With Your Trades :D
Let's Be Ready for This Week Trading XAUUSDLet's Looking XAUUSD Chart and Prepare for Trading in This Week, Good Luck With Your Trades :D
Let's Be Ready for This Week Trading EURUSDLet's Looking EURUSD Chart and Prepare for Trading in This Week, Good Luck With Your Trades :D
Long Term Keep it SimpleIf I was asked to display the long term price action on a chart as simple as possible this is what I would show them.
Using the fractals from rock bottoms of 2015 & 2018 to the tippy tops of 2017 & 2021.
This would give us a projection of the price between 200K - 1 million and a top at the end of 2025.
Devil talking: SPX 4 Year Cycle top at 6666 on Dec2024Based on 4 YC, fractals and Recession worries what if we top after the elections for a Bear in 2025 spilling into 2026.
A 50% distance from the 200 WMA gives us around 6666. Can we go there before the bust ?
The third rate cut could be the nail in the coffin.
A Review GBPUSD Chart in All ScalesLet's Look at GBPUSD Chart from Highest Scale to Lowest Scale, Good Luck With Your Trades :D
USDZAR 15 MIN TF- The 4H TF is bullish.
- The 15 min TF has re-aligned with the 4H bullish trend.
- Now we wait for price to mitigate the 15 min OB.
- Once price reaches the OB, switch to the 1 min TF and wait for the 1 min TF to align with 15 min bullish trend.
- After the 1 min TF aligns with the 15 min trend, refine the OB on the 5 min TF and set your limit order on the 5 min OB.
- 1ST TP is the 15 min high.
2nd TP is the 4H High.
Classic Wyckoff accumulation. Markup phase coming ! This video is an analysis on the Wyckoff accumulation setup. All aspects of the method are being checked off so it's just a matter of time before we get a breakout due to a "catalyst in the news". Obviously, good news for the vaccine sector will probably be bad news for the overall market.
