LONGING $ETHTaking a long position on CRYPTOCAP:ETH
Why?:
- Liquidity grab on 1D timeframe
- Inversion Fair Value Gap (IFVG) formed
- Bullish Break of Structure (BOS)
Entry: $3518.0
Stop loss: $3236.4
1:2 Risk to reward
Ifvg
Beautiful swing setup for IBM soon?🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
NQ to reach out for Discount before pushing upWe expect NQ to reach for a discount area around 18492 before pushing higher towards yesterday's high at 18750.
News at 10am might play aN important role in this push.
Otherwise we expect NQ to clear yesterday's high without sweeping Liquidity @ 18512
Expecting: Price to implied fvg then move back to mid point.Implied fair value gap averages shown by grey box on top and bottom in the SL area. Expecting price to hit one of the two areas then move back towards the mid line center in green tp area
iFVG is purple lines
Bearish Dollar? Anticipating bearish dollar from the weekly iFVG. Hey traders, here is the analysis for the DXY. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
SP500 probably "peaked". Powe(r)ll "shocked/Shorted" on 26/7/23?After reviewing SPX smaller time frame chart and referring back to the "bigger pic". SPX probably at its top "temporarily". P/s. There are many gurus/ textbook written "documented" that E.G : "Market is unpredictable";' Never try to predict the market".. BUT but.. not just Option / Future trading instruments but many others instruments "are designed" for "Big Boy" who has "edge" over retail traders to "Speculating/ Anticipating" Next Market Moves.. E.g Warrent Buffet "Getting his stock's portfoilio "discounted" by "speculating" option..
Last but not least, As many said : No one can predict the long term trend. e.g Monthly, Weekly or even daily market ..See money "in short term e.g 5 min , hourly chart" take money first is their "Trading's motto". BUT tell you what. If we can't tell what the longer chart next moves, we will "failed more" in short term chart, it's like "zooming" into our face's skin.. Silky "SMOOTH" from far But "Lot of cracking" Much more "chaostic" "surface once zoom into 1min, 5min etc "skin face"!!! So trade lesser in higher time frame chart is "Making lesser losing trade with better risk/reward Setup!
