Bitcoin is gathering liquidity // 45,700 end of week?Based off my market structure and price action background in Forex, price is telling me that we may retest the highs at 45,700 in the next few days. Reasons listed on chart
Multitimeframeanalysis
Buying into a Daily Supply Zone can be Risky / GBPJPYWe have a clean traffic range up to 157.7. However this is also a Daily Supply zone we are trading at and price can just suddenly reject any of these prices and take us into a range or bearish for the rest of the week . approaching this pair at the current time is difficult because it just raised interest rates (on GBP) but then also we have Putin/Ukraine Tensions sentiment in the markets. looking for a retest of prices 156.5 and 156.250 for a Runner Position
Price action is Proving Bears Wrong? // EURUSDI think we saw sell opportunities already early in the week during the first few sessions,
These Higher Lows rejecting our Daily Zone @ 1.1275 are very aggressive. was this the bottom wick on the Weekly timeframe and now we will begin to see higher prices for the rest of the week?
IDK but I'd bet on it until proven wrong. It is disappointing, If I were still a Seller, to see this kind of price action, given the fears with Putin/Ukraine, priced in already?, the Dollar strength as of late?
XRPUSD Daily Breakdown Wed.Feb.16.2022Please like and comment as it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
XRPUSD Daily Breakdown Tues.Feb.15.2022Please like and comment as it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
AUD Monetary Policy Minutes // Looking for Lower Prices Looking for the the upcoming news to provide a discount in prices on the week for AUDUSD,
1 GBP rate hukes was a good catlyst for bullish sentiment in the markets. 2 Ukraine/Putin is a good catlyst for berish sentiment
in global assets
WEEKLY FOREX OUTLOOK SUN.FEB.13.2022 - FRI.FEB.18.2022Please like and comment as it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
XRPUSD Daily Breakdown Sun.Feb.13.2022Please like and comment as it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
XRPUSD Daily Breakdown Sat.Feb.12.2022Please like and comment as it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
MULTIPLE TIMEFRAME ANALYSISHaving Received countless of Approach on How I look at the Market to gain the Right Directional Bias, here I laid it out bear for your digestion.
I will like to say thank you for reading all my previous post and do not hesitate to comment or ask question.
TOP DOWN ANALYSIS APPROACH
This makes it easier to know which Direction you want to plan your trade in alignment to the HIGHER TIME FRAME.
I hope this will help your ongoing trader development and takes out those confusion when it comes to organising your bias,when to trade and when to be patient and when to start looking for opportunities on lower timeframe to then reduce your risk and keep you focus.
I will start from the Monthly Chart on ONEUSD a cryptocurrency called HARMONY that I believe will 10X it’s current price as we progress in Blockchain takeover
MONTHLY CHART
Monthly TimeFrame Blue 12EMA
A Support that act like a trendline
WEEKLY CHART
Same like Monthly 12EMA
But here Orange 36EMA on Weekly:A
Retracement level to consider adding new
Position in the Direction of the HTF
We saw a slowing week on the last red
That leads to the last week bounce
DAILY CHART
36EMA rejection Bounce on DAILY
Cautious area to take profit
Look for Rejection
Look to BUY Cheaper on OTF
8 HOURLY CHART
36EMA on 8HR with a Candlestick or
PRICE ACTION to look for the Discounted
LONGS and 2 good Confluences
Candlesticks HAMMER Price Action +
36EMA bounce
In Between the 200EMA
633EMA is a VOLATILITY GAP
This is where I observably expect
price to bounce Couple times in
betweenbefore we can make a directional
headway.
A VOLATILE REGION You can identify
in any market as price proceeds. So this gives you
a readiness awareness of what to expect and
for how long. 8HOURS represent a whole trading
SESSION
6HOUR CHART
Higher High 200EMA Selloff
on 6hr Corresponds the36EMA
on DAILY
BULLISH ENGULFING on 6hr 36EMA
after a potential longer term 8hr
(All Asian Session) Price Bounce
And maintaining of Higher Low
Price Structure
4HOUR CHART
Short Term Break of Structure (BOS) on 4hr
Chart is a good caution to let us know that
price won't just rise so easily higher
2 HOUR CHART
For Price to Change Direction
We have seen 1st 2hrs of hitting
200EMA rejection
Another 2hours of Price Slowing
without making a new low follow by 2hrs
of another Price Slowing after a Preceding
Downward Selloff Spiral
A clear indication of good 6hrs of consolidation
That eventually break out higher.Now we have
a good reason to look for BUY OPPS on
Smaller TF
The lower timeframe analysis will follow on hourly to minute charts.
XRPUSD Daily Breakdown Thurs.Feb.10.2022Please like and comment as it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
XRPUSD Daily Breakdown Wed.Feb.9.2022Please like and comment as it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
XRPUSD Daily Breakdown Tues.Feb.8.2022Please like and comment as it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
Continuing To Sell This Currency PairThis week I'm keeping it light. I'm not interested in overwhelming myself so I'm going to show you how to let the trade come to you just as I am. You need 3 things:
1. To understand direction
2. To plot structure and wait for price to touch it( thats letting price come to you)
3. Permission to enter the trade(it just takes one price action candlestick)
Once you have these three you will know where you want to enter the trade, where you take profit will go, and where to place your stop loss.
How do you feel about AUDUSD today?
XRPUSD Daily Breakdown Mon.Feb.7.2022Please like and comment as it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
WEEKLY FOREX OUTLOOK SUN.FEB.6.2022 - FRI.FEB.11.2022Please like and comment as it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
JICPT| recommend JPM exposure despite weaker earning report Hello everyone. JPM has been down around 20% on the weaker earning report and market turbulence.
However, it has been bouncing back from key level one weekly. I listed the reasons to be bullish on the daily chart for your reference:
1. VSA 2. Flip 3. multi-timeframe analysis 4. market mood.
Beyond those, the rate hike by FED this year(probably 3-4 times with quickest start on March)also makes JPM preferred assets for investors. I listed reasons in the related idea posted almost one year ago.
I also recommended clients to allocate part of their money in Reits to hedge against the rising inflation.
The only free lunch is diversification. That's the easy money we couldn't miss.
What do you think? Give me a like if you're with me.
JICPT| Tesla avwap & DZ bullish setup on multi-timeframeHello everyone. It's been a while since my successful Tesla setup below. It's very interested to re-visit the stock after recent sell-off despite better-than-expected earning report.
Actually Tesla has dived more than 35% from the high created on early Nov. 8th of last year. By using the VSA, the diminished volume suggested that buyers' incapability to move the price higher.
1. Anchored VWAP: I chose two obvious places as start points for AVWAP on Jan and March of last year. Two met around $800 which served as a solid holder to keep price from going lower. In addition, I selected the historic high to identify the possible trouble level. It sat just above the $1000 key whole number level($1027). I will use it as a short-term trouble level .
2. The recent bounce from $792 was also in line with the weekly demand zone sitting around. If you look at the chart, it also happens to be the flip zone below bear trap .
I've put other write-up on the daily chart for the setup
Give me a like if you're with me.
Thanks for your support.
XRPUSD Daily Breakdown Sun.Feb.6.2022Please like and comment as it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
Bitcoin (btc) set to Start New Trend starting from WEEKLY chart
10 decemeber 2018 considering 12345 waves it ended on 08 nov 2021 considering it as impulse waves
and with that consideration and watching price action CORRECTIVE ABC was formed and connecting fib retracement from A to B, C wave was ended on 1.6 retracement which is a textbook projection
on DAILY chart
marking shicff pitchfork from starting point of ABC wave to AB (0-AB)
found that C wave has halted on lower median on pitchfork we plotted (((confluence 1)))
with the help of trend based fib extension, marking it with same point of pitchfork and connected the remain two points with median of pitchfork
considering ((1.382)) lvl as my golden zone for the price rejection was occurred (((confluence 2)))
as bear market condition are fast and furious the bull markets are big and slow, using TREND BASED FIB TIME, again the ((1.382)) levels were syncing with {MEDIAN + TREND BASED FIB EXT + TREND BASED FIB TIME} (((confluence 3)))
on 4HR chart
the yellow mark price action had bullish RSI divergence
THIS ANALYSIS IS PRE ENTERING THE TRADE
HOW TO TRADE? ? ? ? ?
the green buying zone, as price breakout and retest the zone specifically = 38200 to 38550 (((ENTER)))
it has mostly POSISTIONAL trade the Target has no limit instead using TSL will be great for maximising our profit
will update accordingly ...
bitcoin ready to fall ? currently bitcoin is at very strong resistance this resistance could led price go down till 30,000$ , we could enter short trade at here but for more confirmation we could enter after breaking the blue zone
XRPUSD Daily Breakdown Sat.Feb.5.2022Please like and comment as it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
XRPUSD Daily Breakdown Fri.Feb.4.2022Please like and comment as it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see - yonsfx
