BNB is preparing a move to the initial BUY zone of market makerAfter breaking the structure to the upside BNB formed some liquidity pools on both sides. Market maker seeped liquidity on the top and formed a giant OB which is now a SELL zone of marketmaker. We expect the price to retest this block heavily on price zone 307$-316$ and go straight SHORT to the first BUY zone on 282$
Marketmakermethod
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
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.