GMX has been trading within a significant horizontal range since May 2023, experiencing rebounds from both the lower and upper boundaries. The recent attempt to break out and subsequent sharp decline raises the possibility of a retest of equal lows around $42. Anticipating this retest and observing liquidity dynamics could provide insights into the potential for...
h3 entry target weekly l3 and pivoy retrace untested on chart. stop loss h4
Bitcoin target L3 and lower. Entry H3. Stoploss H4 Camarilla weekly levels + cpr central pivot range
If it plays out from daily H3 levels. it would look like a H&S after. Stop loss can be H4. if broken. wait to enter when weekly closes around developing weekly H3.
from todays H4 to manage risk. but if it gets before there by daily lose.. look to enter new daily H3
D1 - Potential double wave down. While measuring the first wave we could see that the price still has room lower towards the 61.8% fibonacci expansion level. H4 - We have a magnet zone formed by the 161.8% fibonacci expansion level of the H4 first wave and the 61.8% fibonacci expansion level of the daily first wave. Price still has room lower towards this...
That monthly pivot is untested. they always get tested. just ask eth when he went from 480s to test his 395 monthly pivot. maybe happens from H5 or H6. but it happens. has all month to. that point is a magnet. will be brutal
The chart shows the levels(shown by purple lines) and the areas(shown in red and green rectangles) that Im interested in for LINKUSDTPERP. I am already long from 13.5, thinking we go to 15.2 and test it, and see if we go higher or if we get rejected but I do think we have a shot at 17 from here.
Keeping a close eye on this pair, looking for a retracement to the liquid zone wich accords with fibonacci's golden ratio 61.8 and trendline. Higher time frames are showing strong bullish signs too. Always look at PA to find entries. #tradesafe #theforexdaddy #tfd
GBP/USD is on a strong uptrend confirmed that by a strong bullish weekly closure. Waiting for a break of 1.28 weekly key level and keeping an eye on price action to find entries. The perfect setup would be a tap on the liquidity are wich I have notet. First target is 1.31 and then maybe we can get a pushup to the next weekly level 1.35. #tradesafe #theforexdaddy #tfd
THis pair is actually standing on a liquidity zone and a 4h support level. waiting to see some Price Action on this area, probably on lower timeframes to find potentiall entries and jump on board to 107.350 target. What are your bias on this pair guys? Comment below! #tradesafe #theforexdaddy #tfd
D1 - Downtrend line, strong resistance level. H4 - Ideally looking for another push up, towards the trend line and the magnet zone with bearish divergence to form before sells.
H4 - Price has reached the magnet zone formed by the fibo levels of the cycle and the top of the channel, bearish divergence. H1 - Price has reached the critical zone. We may now start looking for evidences of bearish pressure in order to join the bears.
I would like to share with you my view on YOYO. I was waiting a while for this opportunity. The details are on the chart. Enjoy the ride! I will update on the comment section!
We are going to look at Mainframe for a middle - long term: MFT/BTC hit the bottom line and a reversal trend a reversal trend is about to happen We are now in the accumulation zone The big volume gave as another strong signal for a trend reversal The risk reward ratio is awesome: Trade: MFT/BTC Buy: 88-93 Targets: 1. 140 2. 160 3. 184 Stop loss:...
D1 - Alternative trend line and magnet zone. H4 - We may look for buys from the zone marked on the chart with bullish evidences.
D1 - Price reached the first magnet zone, we have a downtrend line above. Invalidation - If we break above 0.7680, then this setup is invalidated. H4 (Aggressive plan) - Wait for the price to move lower and break below the uptrend line, look for correction and then sell. H4 (Conservative plan) - Wait for the price to break below the low at 0.7570, then look for...