GBPUSD OutlookA possible short opportunity on GBPUSD since we are currently on what seems to be Level 2 of the bearish cycle after a reset.
Marketmakermethod
USDJPY OutlookAccording to BTMM levels, we are currently on Level 2. Expecting price to fall to 127.168 (800EMA) so as to complete the 3rd Level of the cycle.
USDCAD OutlookOur previous projection of USDCAD moving from H1 Level 1 to H1 Level 2 worked very well. Now we expect a stophunt low in the early days of this week then buy to create the last push (Level 3).
USDZAR OutlookUSDZAR likely to continue rising because we had a reset and more potential on he upside. If it breaks the previous resistance we look forward to be taking longs. Also, retail sentiment states that there are more traders going short on USDZAR.
USDJPY OutlookUSDJPY might continue being bullish this week, due to a (possible) reset on the H1 200EMA. Retail sentiment says that more traders are shorting this pair.
EURUSD OutlookEURUSD likely to continue being bearish since we are in H4 level 2 and just had a (possible H1 reset). Sentiment also supports that retails are long on this pair
GBPUSD Outlook H1GBPUSD might continue being bearish because it is on Level 2 (H4), just broke the resistance so expecting a retest and continuation.
ALGOUSDT - INTRADAY TRADEToday we are looking at Algo because we noticed that while the majority of the Cryptocurrency market is down for the day, Algo is currently showing a >10% gain.
Time Frame
In this example, we are using the 4-Hour chart because we noticed a High Volume candle being triggered.
Strategy
Tactical Analysis - The evolution of the Traders Reality Hybrid strategy which stemmed from Steve Mauro's Market Maker Method and Trader at Home's PVSRA (Price Volume Support Resistance Analysis) systems.
Trade Idea
This is a very basic trade setup. Price is at the high's and is approaching the 200 EMA on the 4-Hour chart which is the equivalent of the 800 EMA on the 1-Hour. Typically price will react to the 800 EMA and tends to revert back towards the mean of the 50EMA. The daily V-Wap is currently sitting right around the 50 EMA providing more confluence for this trade idea as the price also usually will return to the Daily VWap which is where the institutional traders will find the liquidity to fill their positions.
Additionally using the Trader Dynamic Index indicator in the oscillator section at the bottom of the chart we can see the price line has crossed the Market Base Line heading up however, we are seeing bearish divergence, Vwap Mac-D, and momentum all declining.
Indicators Used:
The Tactical Analysis 3-Indicator Suite
- Tactical Analysis Part 1 - TVAR (Tactical Volume Analysis Recovery)
- Tactical Analysis Part 2 - Levels
- Tactical Analysis Part 3 - Oscillators
EUR/USD OutlookObserving the 3ADR from the 21st to the 28th of April, it seems like price has finally come to a Peak Formation Low. Now expecting price to rally up to the 200EMA or possibly the 800EMA as our TP points.
GBPUSD OutlookExpecting a second leg of W formation on GBPUSD to confirm a Peak formation low. After second leg has been formed, expect a start of a bullish cycle up to he H1 200EMA or 800EMA
GOLD OUTLOOK ON H4Expecting a straightaway sell on XAU/USD since we are in Level 2 and also retested a resistance zone.
USD/ZAR Possible Peak ResetExpecting USD/ZAR to Reset on the 200EMA at 15.60000 or sell to 15.10000 first before continuation of bullish trend.
USD/MXN Possible Bullish ContinuationExpecting a slight pullback to 20.33000 which will act as a stop-hunt low. after that, price might continue being bullish. First TP will be on 20.85000 .
USD/CAD Possible Bullish Continuation Expecting a short sell to the 1.27850 zone before buying. A possible buying Take Profit would be 1.29000 since there is a resistance zone there.
USD/JPY Possible Bearish TrendExpecting a price rejection on FX:USDJPY at 130.400 forming a second leg of M formation to form a peak. This Peak represents the change of trend. Price might rally down to 128.600 that will be our first Take Profit zone.
BTC Daily pt 2BTC daily put in a relatively equal high, giving an impression of resistance, so the shorts will start to pile up and we will likely have a purge of the stop losses before actually flipping short and heading down to attack old lows.
If Bitcoin was a manipulated asset,If there was a market maker interested in pushing this market downwards, that is how it would be done (in summary and low resolution)
Comments and opinions are greatly appreciated
BTC & DOGE | Asia followed through! Up only?Yo guys, welcome to the channel Hawkeye Charting.
Todays altcoin: DOGE
Enjoy watching the video :)
No BS like bullflags. No Asking: when moon?
Always referring to the current state of psychology and what the market maker aims to do next.
Pointing out the major trend on Elliott Waves .
Peace
Disclaimer:
No financial advice!
All content is for information and entertainment purposes only and only reflects our personal opinions or market steps. Viewers are expressly requested to form their own opinion on the content and the statements as well as, if necessary, to seek professional advice.
BTC & ADA | Is this the 3 Hits to the High?Yo guys, welcome to the channel Hawkeye Charting.
Todays altcoin: ADA
Enjoy watching the video :)
No BS like bullflags. No Asking: when moon?
Always referring to the current state of psychology and what the market maker aims to do next.
Pointing out the major trend on Elliott Waves .
Peace
Disclaimer:
No financial advice!
All content is for information and entertainment purposes only and only reflects our personal opinions or market steps. Viewers are expressly requested to form their own opinion on the content and the statements as well as, if necessary, to seek professional advice.
NZDUSD Three hits to the high, possible top is in. As we can see, nzd was just driven to the last high by the opening of the NY session, there I think we see only the third hit to the high to end the cycle and initiate the mid-week revesal.
Very good risk reward ratio for swing traders (until the end of the week), but also for the rest of the day until market close.
100 pips are possible.
Please do not be irritated by the fresh buy signal,
I NEVER trade this when we have already had a double top before, no matter which asset.
Trade safe! Peace!
BTC & ETH | Continuation or Drop?Yo guys, welcome to the channel Hawkeye Charting.
Todays altcoin: ETH
Enjoy watching the video :)
No BS like bullflags. No Asking: when moon?
Always referring to the current state of psychology and what the market maker aims to do next.
Pointing out the major trend on Elliott Waves .
Peace
Disclaimer:
No financial advice!
All content is for information and entertainment purposes only and only reflects our personal opinions or market steps. Viewers are expressly requested to form their own opinion on the content and the statements as well as, if necessary, to seek professional advice.
BTC & BNB | Don't give up, Bitcoin...Yo guys, welcome to the channel Hawkeye Charting.
Todays altcoin: BNB
Enjoy watching the video :)
No BS like bullflags. No Asking: when moon?
Always referring to the current state of psychology and what the market maker aims to do next.
Pointing out the major trend on Elliott Waves.
Peace
Disclaimer:
No financial advice!
All content is for information and entertainment purposes only and only reflects our personal opinions or market steps. Viewers are expressly requested to form their own opinion on the content and the statements as well as, if necessary, to seek professional advice.
BTC & SOL | Daily Chart at a turning point?Yo guys, welcome to the channel Hawkeye Charting.
Todays altcoin: SOL
Enjoy watching the video :)
No BS like bullflags. No Asking: when moon?
Always referring to the current state of psychology and what the market maker aims to do next.
Pointing out the major trend on Elliott Waves.
Peace
Disclaimer:
No financial advice!
All content is for information and entertainment purposes only and only reflects our personal opinions or market steps. Viewers are expressly requested to form their own opinion on the content and the statements as well as, if necessary, to seek professional advice.
