CELESTIA (TIA)Celestia is a project I am keeping a close eye on and is one of my favourite picks for the next 12-18 months.
"A modular data availability network making it easy for anyone to launch their own blockchain without needing a validator set. Modular blockchains specialize and optimise to perform a specific function instead of one blockchain doing everything. The specialization of these new modular blockchains allow for breakthroughs in scalability, flexibility and interoperability enabling developers to build blockchain applications for mass adoption."
This new way of approaching blockchain development and the appeal to users will no doubt make TIA a very valuable token. Having only released in Q4 of 2023 Celestia is yet to experience a full Bullrun and is currently looking to target it's ATH that was set just over one week ago.
Since price discovery is not too far away this is very bullish for the token, the lack of any previous resistance areas, traders who are looking to get back to breakeven to sell their position do not exist as everyone who has invested is in profit during price discovery.
In terms of HTF entries the 4H 200EMA has consistently proven to be strong support in all of TIA's history. We recently bounced off of this level which coincides with the 0.75 line while breaking the LTF downtrend soon after. TIA hasn't seen the double digit price moves that other altcoins have experienced over the weekend but it looks like we could see that this week. I would like for price to continue within this channel working up to the local high.
Clear invalidation would be the loss of the 0.75 level as that would be under the 4H 200EMA as well as out of the bullish channel, price would have to be accepted at this level and not just a flash crash wick.
Naturally a lot of the altcoin markets strength is tied to BTC maintaining's its strength too so any early signs that BITCOIN is weakening would also apply to TIA.
HTF
EURUSD 26-1 Mar 2024 W9 Weekly Analysis - US PCE/GDP WeekThis is my Weekly analysis on EURUSD for 26-1 Mar 2024 W8 based on Smart Money Concept (SMC) which includes the following Time Frames:
Weekly
Daily
4H
Economic Events
Weekly Chart Analysis
1.
Swing Bearish
Internal Bearish
Reached Swing EQ
(Pro Swing + Pro Internal)
2.
After the Bearish iBOS we expected pullback, price tapped into Liq on the lift and a Weekly demand zone which provided a pullback and formed a bullish CHoCH confirming INT Low.
Price reached the INT Extreme and tapped the Weekly Supply Zone and as expected we are targeting at least the CHoCH and then the Weak INT Low.
Price did the Bearish ChoCH and formed a fresh Supply zone which will be potential for shorts once reached to continue the Bearish INT structure and Swing too.
3.
With the Bearish INT Structure we have the confirmation that the Swing Pullback is over and we are currently in the Swing Continuation Phase.
Price had reached the Bearish INT Structure extreme and showed reaction from which resulted in a Bearish CHoCH.
Expectation now set to see price continuing bearish.
Daily Chart Analysis
1.
Swing Bearish
INT Bearish
Swing Continuation / INT Pullback
2.
Within the Daily Bearish Swing we reached the Swing extreme area and mitigated a Weekly Supply zone and formed a bearish iBOS confirming the Swing Pullback is over and we are Pro Bearish Swing and starting the Continuation Phase targeting the Weak Swing Low.
3.
After the iBOS we expect a Pullback.
After mitigating the Daily Demand zone we formed a Bullish CHoCH which confirmed the INT Structure Pullback Phase started.
Expectations is set now for the INT Structure Pullback Phase to continue to the INT EQ up to the Daily/Weekly Supply. But be mindful that the Swing continuation can continue at any time.
There is no HP POI for Shorts up to the Daily/Weekly Supply Zones.
IMO Price could continue up to sweep LIQ from the INT Momentum Phase that leaded to the iBOS before we continue down.
4.
Daily and Weekly demand zones for reactions once reached.
4H Chart Analysis
1.
Swing Bearish
INT Bullish
Swing Pullback Phase
2.
After a BOS and iBOS we expect a Pullback.
As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
3.
After Bullish iBOS confirming Swing Pullback Phase started, We are expecting INT Pullback.
Price reached the 4H Supply as expected and showed solid reaction from there. This reaction is starting the Bullish INT Structure Pullback.
We didn't do a Bearish CHoCH to confirm INT High yet. So, there is a probability that price could tap into the CHoCH.
Also we tapped into a Daily Demand (Not a HP zone) which is currently containing price.
As the 4H Swing is bearish, the Swing pullback could be done after reaching the 4H Supply, Bearish CHoCH will be the initial weak conformation and a Bearish iBOS will be the solid confirmation for that scenario.
Other scenario is a deeper Swing Pullback and 4H INT will stay Bullish to facilitate that view.
Economic Events for the Week
EURUSD 19-23 Feb 2024 W8 Weekly Analysis - EU CPI/PMI WeekThis is my Weekly analysis on EURUSD for 19-23 Feb 2024 W8 based on Smart Money Concept (SMC) which includes the following Time Frames:
Weekly
Daily
4H
Economic Events
Weekly Chart Analysis
1.
Swing Bearish
Internal Bearish
Reached Swing EQ
(Pro Swing + Pro Internal)
2.
After the Bearish iBOS we expected pullback, price tapped into Liq on the lift and a Weekly demand zone which provided a pullback and formed a bullish CHoCH confirming INT Low.
Price reached the INT Extreme and tapped the Weekly Supply Zone and as expected we are targeting at least the CHoCH and then the Weak INT Low.
Price did the Bearish ChoCH and formed a fresh Supply zone which will be potential for shorts once reached to continue the Bearish INT structure and Swing too.
3.
With the Bearish INT Structure we have the confirmation that the Swing Pullback is over and we are currently in the Swing Continuation Phase.
Price had reached the Bearish INT Structure extreme and showed reaction from which resulted in a Bearish CHoCH.
Expectation now set to see price continuing bearish.
Daily Chart Analysis
1.
Swing Bearish
INT Bearish
Swing Continuation / INT Pullback
2.
Within the Bearish Swing we are currently in the Swing pullback reached the Swing extreme area and mitigated a Weekly Supply zone (But didn't reach the Daily Supply) and started the INT Structure Pullback after the Bullish iBOS.
For the Bearish Swing to continue bearish, we want to see a Bearish iBOS to confirm that the Swing Pullback is over and we are in the Swing Continuation to target the Weak Swing Low.
Price confirmed a Bearish iBOS and this signals the Swing continuation phase.
3.
After the iBOS we expect a Pullback.
Price is currently within the Daily demand on the left which is partially mitigated and approaching a Weekly Demand Zone which could provide reaction to facilitate the Bearish INT Structure Pullback.
Bullish CHoCH will confirm INT Low and INT Structure Pullback maybe starting.
4.
Daily and Weekly demand zones for reactions once reached.
4H Chart Analysis
1.
Swing Bearish
INT Bearish
INT Pullback Phase
2.
After a BOS and iBOS we expect a Pullback.
As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Also be mindful that there is also a pullback required for the 4H Swing so there is a HP if price going to stay bullish we will take the Strong INT High.
Bullish iBOS will signal a Swing Pullback.
Economic Events for the Week
EURUSD 12-16 Feb 2024 W7 Weekly Analysis - US CPI WeekThis is my Weekly analysis on EURUSD for 12-16 Feb 2024 W7 based on Smart Money Concept (SMC) which includes the following Time Frames:
Weekly
Daily
4H
Economic Events
Weekly Chart Analysis
1.
Swing Bearish
Internal Bearish
Reached Swing EQ
(Pro Swing + Pron Internal)
2.
After the Bearish iBOS we expected pullback, price tapped into Liq on the lift and a Weekly demand zone which provided a pullback and formed a bullish CHoCH confirming INT Low.
Price reached the INT Extreme and tapped the Weekly Supply Zone and as expected we are targeting at least the CHoCH and then the Weak INT Low.
Price did the Bearish ChoCH and formed a fresh Supply zone which will be potential for shorts once reached to continue the Bearish INT structure and Swing too.
3.
With the Bearish INT Structure we have the confirmation that the Swing Pullback is over and we are currently in the Swing Continuation Phase.
Price had reached the Bearish INT Structure extreme and showed reaction from.
Still the OF is Bullish within the Pullback Phase and the Bearish CHoCH will be the first sign to confirm the Bearish continuation from the Weekly Supply.
Expectation now set to see price continuing bearish.
Daily Chart Analysis
1.
Swing Bearish
INT Bullish
Reached INT Extreme
2.
Within the Bearish Swing we are currently in the Swing pullback reached the Swing extreme area and mitigated a Weekly Supply zone (But didn't reach the Daily Supply) and started the INT Structure Pullback after the Bullish iBOS.
For the Bearish Swing to continue bearish, we want to see a Bearish iBOS to confirm that the Swing Pullback is over and we are in the Swing Continuation to target the Weak Swing Low.
But currently the INT Structure still Bullish so there is also a possibility that we can still continue up.
We still in the Daily Pullback Phase and price reached the last Daily demand zone. As Swing is Bearish, Expectations that there is a high probability that we will take the Strong INT low.
On the Flip Side (Bullish) we could hold the current Demand/INT Low to target the Weak INT High.
Lets wait to see more price development and LTF to guide us.
3.
Price had mitigated the adjusted Supply zone.
OF is bearish in the INT structure pullback Phase and is so corrective in nature. (Supply in Control)
4.
Price mitigated the Daily Demand and failed to break the Strong INT Low (Micro pips below).
Is it a Sweep of LIQ? In order to confirm the Sweep, i need to see at least a Bullish CHoCH.
5.
Daily and Weekly demand zones for reactions once reached.
4H Chart Analysis
1.
Swing Bullish
INT Bearish
OF Bearish
In Swing Discount / Possible LiQ Sweep
2.
Price made a bullish BOS and after a BOS we expect a pullback.
After mitigating the Weekly Supply zone, price started the Swing pullback phase after a bearish CHoCH.
Price reached the 4H/Daily demand zones as expected after breaking the range and formed a Bullish INT Structure iBOS.
This Bullish iBOS failed to continue Bullish and we changed to Bearish INT Structure which means that the Swing Pullback Phase is not over.
We are also within the 4H Swing Demand/Discount so keep in mind that at anytime the Swing Continuation could start.
More price development needed with the current PA.
3.
Bearish momentum still active with a Bearish iBOS.
With the current series of bearish INT Structures, there is a HP that the 4H Swing Low will go as there is no much demand zones and the current demand is fully mitigated and every move up is just a sell opportunity.
After the iBOS we would expect a pullback. Price failed to close below the 4H Low which could be a sweep of LIQ.
As per previous days analysis, i was waiting to see at least a bullish CHoCH in order to see a possibility of a Pullback of the 4H Bearish iBOS and the 4H Swing is still Holding.
From the Fractal CHoCHs happening after Sweeping the LiQ below the 4H Swing Low showing that demand in control.
We are currently in the Pullback Phase of the Bearish iBOS and expectations to continue Bullish till the INT Structure EQ and maybe extending to the INT Extreme Supply.
Economic Events for the Week
EURUSD 5-9 Feb 2024 W6 Weekly AnalysisThis is my Weekly analysis on EURUSD for 5-9 Feb 2024 W6 based on Smart Money Concept (SMC) which includes the following Time Frames:
Weekly
Daily
4H
Economic Events
Weekly Chart Analysis
1.
Swing Bearish
Internal Bearish
Reached Swing EQ
(Pro Swing + Pron Internal)
2.
After the iBOS we expected pullback, price tapped into Liq on the lift and a Weekly demand zone which provided a pullback and formed a bullish CHoCH confirming INT Low.
Price reached the INT Extreme and tapped the Weekly Supply Zone and we are currently targeting at least the CHoCH and then the Weak INT Low.
3.
With the Bearish INT Structure we have the confirmation that the Swing Pullback is over and we are currently in the Swing Continuation Phase.
Price had reached the Bearish INT Structure extreme and showed reaction from.
Still the OF is Bullish within the Pullback Phase and the Bearish CHoCH will be the first sign to confirm the Bearish continuation from the Weekly Supply.
Expectation now set to see price continuing bearish.
Daily Chart Analysis
1.
Swing Bearish
INT Bullish
Reached Extreme
2.
Within the Bearish Swing we are currently in the Swing pullback reached the Swing extreme area and mitigated a Weekly Supply zone (But didn't reach the Daily Supply) and started the INT Structure Pullback after the Bullish iBOS.
For the Bearish Swing to continue bearish, we want to see a Bearish iBOS to confirm that the Swing Pullback is over and we are in the Swing Continuation to target the Weak Swing Low.
But currently the INT Structure still Bullish so there is also a possibility that we can still continue up.
We still in the Daily Pullback Phase and price reached the last Daily demand zone. As Swing is Bearish, Expectations that there is a high probability that we will take the Strong INT low. On the Flip Side (Bullish) we could hold the current Demand/INT Low to target the Weak INT High.
Lets wait to see more price development and LTF to guide us.
3.
Price had mitigated the adjusted Supply zone.
OF is bearish in the INT structure pullback Phase and is so corrective in nature. (Supply in Control)
4.
Daily and Weekly demand zones for reactions once reached.
4H Chart Analysis
1.
Swing Bullish
INT Bearish
OF Bearish
In Swing Discount
2.
Price made a bullish BOS and after a BOS we expect a pullback.
After mitigating the Weekly Supply zone, price started the Swing pullback phase after a bearish CHoCH.
Price reached the 4H/Daily demand zones as expected after breaking the range and formed a Bullish INT Structure iBOS.
This Bullish iBOS failed to continue Bullish and we changed to Bearish INT Structure which means that the Swing Pullback Phase is not over.
We are also within the 4H Swing Demand/Discount so keep in mind that at anytime the Swing Continuation could start.
More price development needed with the current PA.
3.
Bearish momentum still active with a Bearish iBOS.
With the current series of bearish INT Structures, there is a HP that the 4H Swing Low will go as there is no much demand zones and the current demand is in mitigation and every move up is just a sell opportunity.
After the iBOS we would expect a pullback and the current CHoCH is the INT High. So either price engineer a new CHoCH or it will target the INT High (i Doubt we have catalyst for that this week).
I'll be waiting 15m to align bullish to play the 4H iBOS pullback if possible. Other wise waiting for better Short opportunity from the 4H Supply.
Lets wait for the LTF to guide us.
Economic Events for the Week
EURUSD 29-2 Feb 2024 W5 Weekly Analysis - EUR CPI - US FOMC/NFPThis is my Weekly analysis on EURUSD for 29-2 Feb 2024 W5 based on Smart Money Concept (SMC) which includes the following Time Frames:
Weekly
Daily
4H
Economic Events
Weekly Chart Analysis
1.
Swing Bearish
Internal Bearish
Reached Swing EQ
INT Extreme
2.
After the iBOS we expected pullback, price tapped into Liq on the lift and a Weekly demand zone which provided a pullback and formed a bullish CHoCH confirming INT Low.
3.
With the Bearish INT Structure we have the confirmation that the Swing Pullback is over and we are currently in the Swing Continuation Phase.
Price had reached the Bearish INT Structure extreme and showed reaction from.
Still the OF is Bullish within the Pullback Phase and the Bearish CHoCH will be the first sign to confirm the Bearish continuation from the Weekly Supply.
Expectation now set to see price continuing bearish.
Daily Chart Analysis
1.
Swing Bearish
INT Bullish
Reached Extreme
2.
Within the Bearish Swing we are currently in, the Swing pullback reached the Swing extreme area and mitigated a Weekly Supply zone (But didn't reach the Daily Supply) and started the INT Structure Pullback after the Bullish iBOS.
For the Bearish Swing to continue bearish, we want to see a Bearish iBOS to confirm that the Swing Pullback is over and we are in the Swing Continuation to target the Weak Swing Low.
But currently the INT Structure still Bullish so there is also a possibility that we can still continue up.
We still in the Daily Pullback Phase and price reached the last Daily demand zone. As Swing is Bearish, Expectations that there is a high probability that we will take the Strong INT low. On the Flip Side (Bullish) we could hold the current Demand/INT Low to target the Weak INT High.
Lets wait to see more price development and LTF to guide us.
3.
Price had mitigated the adjusted Supply zone (Was mapping only the Inside Bar) that caused the bearish CHoCH and continued down.
Current PA is so corrective and doesn't have any momentum.
4.
Daily and Weekly demand zones for reactions once reached.
4H Chart Analysis
1.
Swing Bullish
INT Bullish
OF Bearish
In Discount
2.
Price made a bullish BOS and after a BOS we expect a pullback.
After mitigating the Weekly Supply zone, price started the Swing pullback phase after a bearish CHoCH.
Price reached the 4H/Daily demand zones as expected after breaking the range and formed a Bullish INT Structure iBOS.
This Bullish iBOS indicates that the 4H Swing Pullback had finished and we are starting the 4H Bullish Swing Continuation Phase to target the Weak 4H Swing High.
But be mindful that the OF is so bearish in the Swing Pullback Phase and Demand is not holding and we see momentum. And with the Daily Bearish Swing there is a high probability that we will continue down. So be cautious with the Bullish Structures as it could be only Fake-Out.
More price development needed with the current PA.
3.
Bullish INT Structure after mitigating the 4H/Daily demand Zones.
As we are starting the Swing Continuation Phase, this INT Structure Low is the last structure point to hold for the 4H Swing Continuation Phase.
We have seen that Price swept the LIQ below the Strong INT Low and created a Bullish CHoCH but still Supply in Control.
If the last demand created from the LIQ sweep failed and we confirmed a close below the INT Low, My expectations will be that the Daily Swing Continuation in Play and we will take the Current 4H Swing low and Daily INT Low.
This week is so volatile as we have EUR Zone GDP and CPI also USA FOMC and NFP. So be cautious this week.
Economic Events for the Week
HTF Markup 29-2 Feb 2024 W5 - XAU, DXY, GBP, JPY, AUD, NAS, BTCThis is a Weekly post for several pairs showing HTF Markup only using Smart Money Concept (SMC) on Weekly, Daily and 4H Time Frames.
Feedback will be highly appreciated.
U.S. Dollar Index TVC:DXY
Weekly:
Daily:
4H:
Gold Spot / U.S. Dollar OANDA:XAUUSD
Weekly:
Daily:
4H:
British Pound / U.S. Dollar – FX:GBPUSD
Weekly:
Daily:
4H:
U.S. Dollar / Japanese Yen FOREXCOM:USDJPY
Weekly:
Daily:
4H:
Australian Dollar / U.S. Dollar FOREXCOM:AUDUSD
Weekly:
Daily:
4H:
US Nas 100 OANDA:NAS100USD
Weekly:
Daily:
4H:
Bitcoin COINBASE:BTCUSD
Weekly:
Daily:
4H:
EURUSD 22-26 Jan 2024 W4 Weekly Analysis - EUR Rate DecisionThis is my Weekly analysis on EURUSD for 22-26 Jan 2024 W4 based on Smart Money Concept (SMC) which includes the following Time Frames:
Weekly
Daily
4H
Economic Events
Weekly Chart Analysis
1.
Swing Bearish
Internal Bearish
Reached Swing EQ
INT Extreme
2.
After the iBOS we expected pullback, price tapped into Liq on the lift and a Weekly demand zone which provided a pullback and formed a bullish CHoCH confirming INT Low.
3.
With the Bearish INT Structure we have the confirmation that the Swing Pullback is over and we are currently in the Swing Continuation Phase.
Price had reached the Bearish INT Structure extreme and showed reaction from.
Still the OF is Bullish within the Pullback Phase and the Bearish CHoCH will be the first sign to confirm the Bearish continuation from the Weekly Supply.
Expectation now set to see price continuing bearish.
Daily Chart Analysis
1.
Swing Bearish
INT Bullish
Reached Extreme
2.
Within the Bearish Swing we are currently in, the Swing pullback reached the Swing extreme area and mitigated a Weekly Supply zone (But didn't reach the Daily Supply) and started the INT Structure Pullback after the Bullish iBOS.
For the Bearish Swing to continue bearish, we want to see a Bearish iBOS to confirm that the Swing Pullback is over and we are in the Swing Continuation to target the Weak Swing Low.
But currently the INT Structure still Bullish so there is also a possibility that we can still continue up.
Following the recent INT Structure, Price swept LIQ from the recent Daily Demand zone and reached the INT Structure EQ where we can expect demand to step in and target the Weak INT High.
Lets wait to see more price development and LTF to guide us.
3.
Price managed to get out of the range and approaching a Daily demand zone.
We didn't mitigate it yet but price is bouncing up from the Swing EQ.
4.
Daily and Weekly demand zones for reactions once reached.
4H Chart Analysis
1.
Swing Bullish
INT Bearish
OF Bullish
In Discount
2.
Price made a bullish BOS and after a BOS we expect a pullback.
After mitigating the Weekly Supply zone, price started the Swing pullback phase after a bearish CHoCH.
Price reached the Swing EQ/Discount, mitigating 4H/Daily demand zones and ranged.
OF currently is bullish after the Bullish CHoCH. Demand formed from the CHoCH is mitigated and still holding. But that Bullish OF is not coming from a HP POI so there is a high probability we will continue down unless we see Bullish OF holding and continuing.
Current targets will be the Daily/4H demand zones and we can wait for price development on LTF to see if we will resume the Bullish Swing or not.
3.
Swing extreme 4H demand and Daily for possible continuation to the upside.
Economic Events for the Week
HTF Markup 22-26 Jan 2024 W4 - XAU, DXY, GBP, JPY, AUD, NAS, BTCThis is a Weekly post for several pairs showing HTF Markup only using Smart Money Concept (SMC) on Weekly, Daily and 4H Time Frames.
Feedback will be highly appreciated.
TVC:DXY
Weekly:
Daily:
4H:
OANDA:XAUUSD
Weekly:
Daily:
4H:
FX:GBPUSD
Weekly:
Daily:
4H:
FOREXCOM:USDJPY
Weekly:
Daily:
4H:
FOREXCOM:AUDUSD
Weekly:
Daily:
4H:
OANDA:NAS100USD
Weekly:
Daily:
4H:
COINBASE:BTCUSD
Weekly:
Daily:
4H:
XAU/USD 15-19 Jan 2024 Daily analysis-> Swing: Bullish.
-> Internal: Bullish.
-> Has reached EQ. (internal continuation phase)
As price has reached 50% EQ there is a high probability price will target weak internal high.
Currently price has reached below the 50% (discount) and internal EQ buyers stepped in. Price printed a bullish CHoCH thereby confirming buyer interest.
Expectation: Price to target weak internal high. Current demand zone to be respected.
In the event the demand zone is not respected and price prints a bearish CHoCH (indicated) price will most likely target previous low.
XAU/USD 15-19 Jan 2024 Weekly Analysis This is my weekly analysis for XAU/USD:
-> Swing: Bullish.
-> Internal: Bearish.
-> Did not reach EQ.
As price has not yet reached 50% EQ and price is still in pullback phase in the premium swing/internal, therefore, I would be looking to short.
Price has rejected the Weekly weak Swing High but respected the weekly strong internal high.
Price wicked in excess of Weekly Swing high but failed to close above. This presumably was to sweep liquidity above the strong internal high.
Bullish pullback following bearish iBOS now most likely complete and will target weak internal low.
Bearish CHoCH will be the first indication that sweep of liquidity of internal high is confirmed bearish swing pullback has initiated.
As mentioned last week, request to LTF's would be to shift bearish.
EURUSD 15-19 Jan 2024 W3 Weekly AnalysisThis is my Weekly analysis on EURUSD for 15-19 Jan 2024 W3 based on Smart Money Concept (SMC) which includes the following Time Frames:
Weekly
Daily
4H
Economic Events
Weekly Chart Analysis
1.
Swing Bearish
Internal Bearish
Reached Swing EQ
2.
After the iBOS we expected pullback, price tapped into Liq on the lift and a Weekly demand zone which provided a pullback and formed a bullish CHoCH confirming INT Low.
3.
With the Bearish INT Structure we have the confirmation that the Swing Pullback is over and we are currently in the Swing Continuation Phase.
Price had reached the Bearish INT Structure extreme and showed reaction from.
Still the OF is Bullish within the Pullback Phase and the Bearish CHoCH will be the first sign to confirm the Bearish continuation from the Weekly Supply.
Expectation now set to see price continuing bearish.
Daily Chart Analysis
1.
Swing Bearish
INT Bullish
Reached Extreme
2.
Within the Bearish Swing we are currently in, the Swing pullback reached the Swing extreme area and mitigated a Weekly Supply zone (But didn't reach the Daily Supply) and started the INT Structure Pullback after the Bullish iBOS.
For the Bearish Swing to continue bearish, we want to see a Bearish iBOS to confirm that the Swing Pullback is over and we are in the Swing Continuation to target the Weak Swing Low.
But currently the INT Structure still Bullish so there is also a possibility that we can still continue up.
Following the recent INT Structure, Price swept LIQ from the recent Daily Demand zone and reached the INT Structure EQ where we can expect demand to step in and target the Weak INT High.
Lets wait to see more price development and LTF to guide us.
3.
Previous week PA was ranging within the INT Structure EQ. Crossroads now for price.
4.
Daily and Weekly demand zones for reactions once reached.
4H Chart Analysis
1.
Swing Bullish
INT Bullish
Reached EQ
2.
Price made a bullish BOS and after a BOS we expect a pullback.
After mitigating the Weekly Supply zone, price started the Swing pullback phase after a bearish CHoCH.
Price reached the Swing EQ/Discount, mitigating 4H/Daily demand zones creating Bullish CHoCHs.
Still the OF is bearish within the Swing Pullback phase and the current PA is ranging, but as it's the pullback phase we would expect a Swing bullish continuation from current area or from the Swing extreme.
With the latest Bullish CHoCH, if the demand holds, we could see a Swing continuation to target the current INT High. If demand fails i would expect price continuing to the Swing extreme.
Lets wait for LTF confirmations and price development.
Economic Events for the Week
HTF Markup 15-19 Jan 2024 W3 - XAU, DXY, GBP, JPY, AUD, NAS, BTCThis is a Weekly post for several pairs showing HTF Markup only using Smart Money Concept (SMC) on Weekly, Daily and 4H Time Frames.
Feedback will be highly appreciated.
TVC:DXY
Weekly:
Daily:
4H:
OANDA:XAUUSD
Weekly:
Daily:
4H:
FX:GBPUSD
Weekly:
Daily:
4H:
FOREXCOM:USDJPY
Weekly:
Daily:
4H:
FOREXCOM:AUDUSD
Weekly:
Daily:
4H:
OANDA:NAS100USD
Weekly:
Daily:
4H:
COINBASE:BTCUSD
Weekly:
Daily:
4H:
EURUSD 8-12 Jan 2024 W2 Weekly Analysis - US CPI WeekThis is my Weekly analysis on EURUSD for 8-12 Jan 2024 W2 based on Smart Money Concept (SMC) which includes the following Time Frames:
Weekly
Daily
4H
Economic Events
Weekly Chart Analysis
1.
Swing Bearish
Internal Bearish
Reached Swing EQ
2.
After the iBOS we expected pullback, price tapped into Liq on the lift and a Weekly demand zone which provided a pullback and formed a bullish CHoCH confirming INT Low.
3.
With the Bearish INT Structure we have the confirmation that the Swing Pullback is over and we are currently in the Swing Continuation Phase.
Price had reached the Bearish INT Structure extreme and showed reaction from.
Still the OF is Bullish within the Pullback Phase and the Bearish CHoCH will be the first sign to confirm the Bearish continuation from the Weekly Supply.
Expectation now set to see price continuing bearish.
Daily Chart Analysis
1.
Swing Bearish
INT Bullish
Reached Extreme
2.
Within the Bearish Swing we are currently in, the Swing pullback reached the Swing extreme area and mitigated a Weekly Supply zone (But didn't reach the Daily Supply) and started the INT Structure Pullback after the Bullish iBOS.
For the Bearish Swing to continue bearish, we want to see a Bearish iBOS to confirm that the Swing Pullback is over and we are in the Swing Continuation to target the Weak Swing Low.
But currently the INT Structure still Bullish so there is also a possibility that we can still continue up.
Following the recent INT Structure, Price swept LIQ from the recent Daily Demand zone and reached the INT Structure EQ where we can expect demand to step in and target the Weak INT High.
Lets wait to see more price development and LTF to guide us.
3.
Daily and Weekly demand zones for reactions once reached.
4H Chart Analysis
1.
Swing Bullish
INT Bullish
Reached EQ
2.
Price made a bullish BOS and after a BOS we expect a pullback.
After mitigating the Weekly Supply zone, price started the Swing pullback phase after a bearish CHoCH.
Price reached the Swing EQ/Discount, mitigating 4H/Daily demand zones creating Bullish CHoCHs.
Still the OF is bearish within the Swing Pullback phase and the current PA is ranging, but as it's the pullback phase we would expect a Swing bullish continuation from current area or from the Swing extreme.
With the latest Bullish CHoCH, if the demand holds, we could see a Swing continuation to target the current INT High. If it demand fails i would expect price continuing to the Swing extreme.
Lets wait for LTF confirmations and price development.
3.
Swing extreme demand for possible continuation to the upside.
Economic Events for the Week
BREN - POWER PLAYI have a position today
November 30, 2023
The reasons:
1. Low-risk pivot point
2. The stock offers a classic low cheat pivot in a power play
3. It skyrockets huge >500% since it went public
4. High relative strength, outperforming the general market
5. The stock is moving on its own universe, marching to its own drummer
6. Volume dries up during the pause (1-2 punch)
7. huge volume on the breakout
Flaw:
The market is still in a hard-penny environment with only 31% of total stocks above the 200-day MA.
This is a power play on top of a power play, where velocity begets more velocity. I like to see if it can hold up and move higher from here.
EURUSD 18 - 22 Dec 2023 Weekly Analysis - 2 Weeks for 2023 End!This is my Weekly analysis on EURUSD for 18 - 22 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
Weekly
Daily
4H
Economic Events
Weekly Chart Analysis
1.
Swing Bearish
Internal Bearish
Reached Swing EQ
2.
After the iBOS we expected pullback, price tapped into Liq on the lift and a Weekly demand zone which provided a pullback and formed a bullish CHoCH confirming INT Low.
3.
Price had fully mitigated the weekly supply (FLIP Zone and swept the Liq above the zone.
Expectations are set now that we are targeting the Weak INT Low following the Bearish INT Structure.
Price is approaching a weekly demand area which can provide a reaction.
4.
Extreme supply within the bearish INT structure with Liq below it. A potential zone located in the Swing premium for continuation down
Daily Chart Analysis
1.
Swing Bearish
INT Bullish
OF Bearish
Reached EQ
2.
After BOS we expect a pullback
OF turned bullish to facilitate the Swing pullback and we formed bullish iBOS to confirm the Swing Low and the pullback.
With that pullback we formed Weekly and Daily demand zones which are potential for longs after confirmation on LTFs.
3.
After the Bullish iBOS we are expecting a pullback. First sign of the pullback maybe starting is a CHoCH which price did and confirmed INT High.
Price reached a daily demand zone where we have seen a solid reaction from to target the Weak INT High.
The mitigation of this daily demand zone could be the start of the Bullish continuation of the Daily INT Structure. But be mindful that the Daily Swing is Bearish, Reached the EQ and mitigated Daily/Weekly Supply zones, So we may have finished the Swing pullback and we are in the Swing bearish continuation to target the Weak Swing Low.
Let's watch LTF to guide us.
4H Chart Analysis
1.
Swing Bullish
INT Bullish
Reached EQ/Extreme
2.
INT structure turned bullish as expected and we are currently in 4H Swing continuation targeting the Weak Swing High and maybe more above.
After the iBOS we would expect a pullback but be mindful with the current solid bullish momentum and that we are currently Pro Swing and Pro Internal, pullbacks will not be deep so be patient and cautious and utilize LTF to guide you.
3.
Swing low and last demand for potential buys.
4.
Price is currently at the Daily/4H Supply zones and Weak Swing High.
Price had mitigated the Daily/4H Supply zones formed when we started the Swing Pullback.
Currently price at a 4H Demand zone and the Zone low is the current Liq which price could sweep and continue up again targeting the Weak Swing High.
As we are approaching the end of the year, better to observe the market and prepare yourself to the next year runs.
Economic Events for the Week
PTPS - POWER PLAYI have a position today
December 14, 2023
The reasons:
1. Low-risk pivot point
2. The stock went up >100% within 8 weeks
3. It corrects only 13%, indicating big institutions are unwilling to unload their position
4. High relative strength, outperforming the general market
5. The stock is moving on its own universe, marching to its own drummer
6. Volume dries up as less supply coming to the market
7. There is decent volume on the breakout
Flaws:
1. It needs to go through some overhead supply on the left side
2. The market is still in a hard-penny environment with only 29% of total stocks above the 200-day MA.
This is my initial position. I want to see it set up a better pivot to add to my positions.
KAYU - POWER PLAYI bought my positions today
November 6, 2023
The reasons:
1. Low-risk entry with a crisp low cheat pivot point
2. The stock went up >100% in less than 8 weeks
3. VCP characteristics during the pause
4. The pause has less than 25% correction
4. Volume dries up as a sign of less supply coming to the market
5. A high alpha stock with a low standard deviation
6. One of the leaders in this type of market environment
The flaws:
1. Stock squats after the breakout
2. The market is still in a hard-penny environment with only 30% of total stocks above the 200-day MA.
This stock is still so strong. I would like to see it calms down for couple days and develop a pivot reset to add more positions.
04/12/23 Weekly outlookLast weeks high: $40446.2
Last weeks low: $38576.9
Midpoint: $36707.5
Going into the final month of the year BTC continues its march into the 40k region after flipping 38.5k (Midpoint) as new support. After the 5th attempt at flipping the key area bitcoin finally managed to breakthrough and with that a surge towards and beyond 40k soon followed.
42K is a huge HTF level for BTC, major reactions in price movement often start at 42k and so it's prone to volatility. During the 2020-2021 Bullrun price bounced off 42k as resistance on the way up, then it was support on the way down multiple times throughout that cycle. Currently there is a large bearish Orderblock located there and so I would predict that only a huge news event/ ETF approval or the halving itself would push us safely beyond this and claim it as new support.
For now I am very hesitant to open any new longs, either we consolidate at the current level under major resistance in which case this is a great time to take profits and look to make plans to rebuy lower down as price drops off.
For this week I'm looking at where I can get entries going into the new year, the ETF approval is on the horizon along with the halving. Binance has in a way been cleansed and so there really isn't anything holding back a full scale Bullrun.
Half the supply & many times more the demand, thanks to BlackRock and other investment groups. We may only get one or two more opportunities for a great entry on a 2 year hold.
EURUSD 4 - 8 Dec 2023 Weekly Analysis - NFP WeekThis is my Weekly analysis on EURUSD for 4 - 8 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
Weekly
Daily
4H
Economic Events
Weekly Chart Analysis
1.
Swing Bearish
Internal Bearish
Reached Swing EQ
2.
After the iBOS we expected pullback, price tapped into Liq on the lift and a Weekly demand zone which provided a pullback and formed a bullish CHoCH confirming INT Low.
3.
Price had fully mitigated the weekly supply (FLIP Zone and swept the Liq above the zone by not fully closing the candle above. Still it could be a sweep of liq if we started to see pushes to the down side and structure changes on TF lower than the Weekly TF.
Price could be targeting the Supply zone at the INT Structure High to continue bearish as long TFs lower supports that.
4.
Extreme supply within the bearish INT structure with Liq below it. A potential zone located in the Swing premium for continuation down
Daily Chart Analysis
1.
Swing Bearish
INT Bullish
OF Bullish
Reached EQ
2.
After BOS we expect a pullback
OF turned bullish to facilitate the Swing pullback and we formed bullish iBOS to confirm the Swing Low and the pullback.
With that pullback we formed Weekly and Daily demand zones which are potential for longs after confirmation on LTFs.
3.
After the Bullish iBOS we are expecting a pullback. First sign of the pullback maybe starting is a CHoCH which price did and confirmed INT High.
With that pullback we had formed a Supply zone that can act as a potential zone to play the pullback phase.
The bearish CHoCH on the Daily appearing to be a Liq. Sweep as we didn't close below it. So, be mindful that OF is in Strong bullish move and playing against it without confirmation will be rough.
Let's watch LTF to guide us.
4H Chart Analysis
1.
Swing Bullish
INT Bullish
Reached EQ
2.
Swing low and last demand for potential buys.
3.
After the Bullish iBOS we expected a pullback. We created a CHOCH and price continued the pullback for the INT Bullish Structure.
The pullback pushed down and swept the Liq. below the Stron INT Low and reached the Swing EQ.
It's a tough call now! We have the 2 options valid (Buy / Sell) but we need to see more price development and confirmation to trigger.
Option 1 Buy: I'll be waiting to see if price will confirm the failure to close below the INT Low and it was a sweep of Liq. below strong low from the LTF Structure changing to bullish.
Option 2 Sell: I'll be waiting for the INT Structure to shift bearish which will confirm the Swing High and we can look now for shorts after the INT pullback. But be cautious that we already reached the Swing EQ and buyers will step in now.
Let's see what the LTFs will tell us and we can adopt accordingly while keeping our HTF analysis always in play.
Economic Events for the Week
AMMN - POWER PLAYI bought my positions back today
October 26, 2023
The reasons:
1. Low-risk entry with a crisp pivot point
2. The stock is up >100% in less than 8 weeks
3. Corrected the least during the pause, less than 25% correction
4. Volume dries up as a sign of less supply coming to the market
5. A high alpha stock with a low standard deviation
6. One of the leaders in this market environment
The flaw:
1. Squat after the breakout
2. The market is still in a hard-penny environment with only 30% of total stocks above the 200-day MA.
The stock set back another pivot point after I got stopped out beforehand slightly above the breakeven. I like to see if it can hold up during this difficult market environment.