Fvg
EURCAD-Ready to Short!We got a bearish trend change for EC.
Now looking for trend continuation to take a short trade.
We got the 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK!
The 50% retracement and FVG are in line with previous support turned resistance- thus adding another confluence on this trade.
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
USDJPY - READY FOR THE BULL TO CONTINUE?!UJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it!
I am waiting for:
1) At least a 50% retracement and price coming into the daily fair value gap: Checkmark
2) A Liquidity sweep of previous days low
3) Market structure shift on the hourly and attack
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)
Chainlink(LINK): Will or When We Short?Chainlink caught our attention as well, with some decently high potential for the reverse to happen soon!
We are monitoring the coin after multiple BOS and FVG zones are left on the lower zones, which are waiting to be filled.
As the price had a nice breakup at $17.10, we are looking for that same sentiment to be re-tested.
So we shared two potential entries for a short position here; now starts the waiting game.
Swallow Team
Weekly Chart AnalysisBitcoin is presently consolidating within both our monthly and weekly Fair Value Gaps (FVGs), while also taking liquidity. Should the weekly candle close above 53,245, there's potential for the price to extend towards our next Weekly FVG level at 60,000. At the moment, the price momentum is slowing down as a result of the overlapping monthly and weekly FVGs, suggesting a short-term bearish correction toward our weekly breaker block, which coincides with a weekly FVG below.
KASPA (KAS/USDT) Soars to New HeightsTechnical Analysis:
KASPA (KAS/USDT) has emerged as a remarkable player in the cryptocurrency landscape, exhibiting sustained growth and resilience. The recent patterns observed in its charts underscore both its potential and the keen interest of investors.
1. Fair Value Gap (FVG) and Price Rebound:
KASPA's journey through the market has recently brought it to an important Fair Value Gap (FVG) area. This FVG, often seen as a critical juncture in price action, was met with a robust response as the price rebounded from it. This rebound is not just a random fluctuation but a strong indicator of underlying market confidence and investor interest.
2. Daily Exponential Moving Average (EMA) Cross:
Coinciding with the rebound from the FVG, a daily EMA cross has been confirmed. This is a significant technical event, as Daily EMA crosses are often used to identify potential trend reversals or confirmations. In KASPA's case, this Daily EMA cross suggests a strengthening of the bullish trend, adding more credibility to the ongoing upward movement.
3. Breaching the All-Time High (ATH):
Adding to the bullish sentiment, KASPA has, for the first time, broken past its All-Time High (ATH). This breach is not just a milestone but also a testament to the growing trust and optimism among investors regarding KASPA's future.
Fibonacci Extension Targets:
Utilizing the Fibonacci extension tool, we can project potential future price targets for KASPA. The calculated targets are as follows:
First Target @1.618 Fibonacci Level: 0.324933
Second Target @2.618 Fibonacci Level: 0.467368
Third Target @3.618 Fibonacci Level: 0.612101
Fourth Target @4.236 Fibonacci Level: 0.699502
These targets provide a roadmap for where KASPA's price could head next, assuming the continuation of the current trend and market dynamics.
Fundamentals Analysis:
In the last 30 days, KASPA has not only made waves in the technical charts but also strengthened its fundamental position.
Recent Developments and Partnerships:
KASPA has recently announced several key partnerships, further integrating its technology into broader applications. These partnerships, focusing on areas like decentralized finance (DeFi) and non-fungible tokens (NFTs), are crucial for expanding KASPA's ecosystem and increasing its utility.
Community and Developer Engagement:
The project has seen a surge in community involvement and developer activity. The introduction of new tools and platforms for developers, along with community-driven initiatives, has fostered a more robust and active ecosystem. This increase in engagement is a positive sign, indicating a growing and dedicated user base.
Regulatory Compliance and Security Measures:
KASPA has also been proactive in ensuring regulatory compliance, a key factor in sustaining long-term growth. The team has taken steps to adhere to evolving global regulations, enhancing investor confidence. Additionally, security measures have been strengthened to protect against potential threats and vulnerabilities.
Market Sentiment and Investor Interest:
The overall market sentiment towards KASPA remains positive. Increasing investor interest, as evidenced by social media activity and cryptocurrency forums, suggests a bullish outlook. This sentiment is bolstered by KASPA's consistent performance and strategic initiatives aimed at long-term growth.
In conclusion, KASPA's technical and fundamental analysis paints a picture of a cryptocurrency with strong potential, backed by a robust ecosystem and growing investor confidence. The synergy of technical strengths and solid fundamentals positions KASPA favorably for future growth. However, as with any investment, market dynamics and external factors could influence its trajectory.
Has anyone looked at the monthly charts?After reviewing the monthly chart, I made an observation: Bitcoin has indeed filled the monthly fair value gap (FVG), which explains the recent deceleration in momentum. Now, it remains to be seen whether we will experience a breakthrough or a retracement to our monthly discount zone. Coincidentally, within the discount zone, I've identified a monthly Balanced Price Range (BPR), indicating overlapping fair value gaps. Additionally, there's a breaker block present. With these elements in play, the potential for a significant move exists, potentially catalyzed by a news event.
Goldbach levels explained The algorithm uses the following equation
3x3 =9
9x3 =27
27x3=81
81x3=243
243x3=729
729x3=2187
And so on…
These are our power of 3 numbers we want to keep in mind.
When we get the final result, charts will move 3,9,27,81,243,729 pips..or points or dollars at a time.
It employs goldbach levels using (po3) dealing ranges and completes objectives along each (DR) from low to high and back .
Why don’t your fair value gap or order fail to work sometimes but not always?
The dealing range you see has labels- each of icts pd arrays form and work specifically inside of the right level. Order block forms in ob
Fvg forms on fv
Liquidity voids ( long insane runs / candles) start from the lv levels ONLY.
breakers form in br
Mitigation block is mb
Rb is rejection block
If you are a Fvg or order block trader you need to understand this. The algorithm will only form the correct structure in the correct area…again like all ict concepts, it is completely fractal in nature.
Each po3 number has It’s own dealing range and smaller ones (3,9,27) all work inside of the higher ones (81,243,729)
From high to low is just these numbers in amount of pips ..
27 dr (dealing range) is 27 pips and so on, they are made up of a premium and discount also
Buy in a discount, sell in a premium..ya once 0.5 is a premium market
Since I’m on the daily using more time to swing, I’m using a 243 and 729 dealing range.
We are bearish. The algorithm is perfect.you have to open your mind to see what’s really happening…..
AUDUSD 0.66023 -0.13 % SHORT IDEA MTF BREAKDOWN 🐻🐻📌HELLO TRADERS
Hope everyone is doing great 🛑
A look at AUDUSD ahead of the WEEK 📌
LET'S LOOK AT THE DAILY DXY
DXY D TF
* Looking at DXY from the DAILY TF we see a break BELOW (SSL) which are Monday lows.
* Swept SSL but traded back into the range with some bullish momentum.
* If we see momentum back into the range i would be looking for long.
* Looking for long on the DXY because we do not have a bearish body closure.
* & we are still in an indecisive state, in wick city as well.
AUDUSD DAILY TF
* On the DAILY we are trading from IRL in a bearish FVG.
* We have a DRAW IN LQ in the form of equal lows ERL .
* looking for some retracement into PD ARRAYS ( FVG + OB & balance price range)
* & should they hold looking for continuations with the bears.
* Violation of the FVG signals bullish momentum and some confirmations that invalidates the trade.
AUDUSD 4H TF
* Looking to take BSL.
* This will possibly be signaling a bearish week ahead.
* Sweep of BSL and trading back in the range.
1. IRL - ERL
2.Looking for LQ RUNS.
AUDUSD 1H TF
* We are range bound on the HOUR TF
* looking for SHORT entries.
* Possible retracement before continuation.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
USDJPY:READY FOR THE BULL TO CONTINUE?!UJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it!
I am waiting for:
1) At least a 50% retracement and price coming into the daily fair value gap
2) A Liquidity sweep of previous days low
3) Market structure shift on the hourly and attack
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)
XAUUSD|Pullback from the 4-hour supply areaWe see the gold chart in the 1-hour time frame.
With the growth that gold experienced yesterday, it was able to test all important supply areas.
At the moment, it has a neutral trend where it is, it is likely to grow and collect the liquidity behind the supply area and drop it to the 15-minute demand level that I drew on the chart.
Supply area (2061-2066)
Demand area 15 minutes (2040-2042)
demand area 1-hour(2031-2031)
29/01/24 Weekly outlookLast weeks high: $42827.56
Last weeks low: $40677.38
Midpoint: $38527.20
As the first month of 2024 nears its end BITCOIN finds itself back above 40K after spending half of lasts week below the big even level.
There are 3 main FVG's I have my eye on:
- At the previous weeks MIDPOINT level 40.5K (1H)
- The drop from 49K has left a large FVG at 45.5K (4H)
- The daily FVG at 33K (1D)
Price tends to get pulled and pushed towards these areas of imbalance. HTF imbalances have the largest force of attraction so in this case the 33K daily FVG is the main target in my opinion, and there are many possible routes to this destination.
As it stands BTC is above both 40.5K & 33K FVG's and ideally we would need to retest these areas before progressing towards ATH' s post halving which would also mean clearing the 45.5K FVG on the way back up. For me this is how I think it will play out however if BTC pushes towards 45.5K first I will also be prepared for this move.
For this week I'm concentrating on how BTC regains its strength and if price were to reach the 45.5K FVG , I would think about taking any profits from the recent move should BTC look weak, as I have said that 33K area is calling out to be revisited in my opinion.
Halving Forecast Just a quick idea on the state of BTC going into the halving. The countdown to the next big BITCOIN event has started, THE HALVING
Historically this is the event that kicks off the BULLRUN every 4 years. Mining rewards go from 6.25BTC to 3.125BTC and this gives miners a dilemma, do they hold on to their BTC they earn and only sell to cover costs, this diminishes the supply going into the market which raises prices assuming demand remains the same. Or if they do carry on selling their BTC it would be half the amount it was previously and still contributes less to the sells side pressure, raising prices. ETF issuers need these coins to offer to customers + retail investors returning to the market once FOMO enters the playing field.
DEMAND UP
SUPPLY DOWN
As for now I could see a mirror of the ETF rally being a logical path towards the halving. Filling the FVG at 33k would be a great long term entry point for any investor/trader should it hold as support. Once price has wicked down into that area and there's a reaction off that level then the bulls should look to push price for that 3 weeks or so going into the halving and beyond towards ATH as there's not much stopping it and history suggests this is the way BTC behaves after this event every 4 years.