USDMXN LOWER BEFORE X-MASS- Seasonally MXN is strong in NOC/DEC
- Seasonally USD is weak in DEC
- COT supports this outlook
- Asset Managers + Leveraged Money accumulating Longs
- Leveraged Money also distributing Shorts
- Looking for a drop from DEC Pivot to DEC S2
- Higher Timeframe objective is Weekly Bullish Orderblock at 18.80
COT: images2.imgbox.com
Pivotstrategy
GAP BACK TO 2022 OPEN ?- Price is back above 2022 Mid-level
- 2022 Open = 2022 High = 2023 Yearly R1 = Imbalance
- If Dollar-weakness continues in DEC a rally higher is likely
- Wyckoff accumulation-pattern completed
- Look to buy the retrace begin DEC
📉✌BTC 1H Long Position✌📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello, first look at my previous analysis (linked below).
💥A quick long position can have a good chance of winning.
between now and the yellow area below, you can open short position in two steps.
If the price falls and reaches the risk-free level, you can risk-free the position.
TP1-2-3-4 are on the chart.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
JS-Masterclass #6: The Perfect Buy PointThe Perfect Buy Point
A Perfect Buy Point represents the completion of a stock’s consolidation and the potential start of its next advance. After a base pattern has been established, the Perfect Buy Point is where the stock establishes a price level that will act as the trigger to enter a trade.
When a stock’s price level moves through the Perfect Buy Point, there is a high probability that this represents the start of the next advancing phase.
You can also call the Perfect Buy Point a “call to action” price level – it is the optimal buy point.
In the context of a stock’s Volatility Contraction Pattern, a temporary pause (also called a base building process) allows you to set a buy stop to enter a trade. You want to buy as close to thePerfect Buy Point as possible without chasing the stock up more than 1.0%. In this context, the use of buy stop limit orders is recommended.
As a solid consolidation process and the formation of a Volatility Contraction Pattern are needed before a Perfect Buy Point can occur, The Perfect Buy Point can also be considered as the line of least resistance. A stock can move very fast once it crosses this threshold. When a stock breaks through the line of least resistance, the probability is high that the price level will move much higher in a short period of time.
This is the case because this represents an area where supply is low. Therefore, even a small amount of demand can move the stock higher.
The importance of the Volume at the perfect Buy Point
A Volatility Contraction Pattern is needed before a Perfect Buy Point can develop. As explained earlier, supply will stop coming to market at the ed of a valid Volatility Contraction Pattern. This is why we want to see the Volume significantly come down in the day or the couple of days before the Perfect Buy Point develops.
Now, with only very little supply of stock in the market from sellers, even a small amount of buying can move the price up very rapidly as the price level moves through the Perfect Buy Point.
In the ideal case, this move through the perfect Buy Point occurs under heavily increasing volume. This might be an indication that big institutions are putting their big money into the stock.
When all of this comes together, you want to place the order as close to the Perfect Buy Point as possible.
Always wait for the price level to move through the Perfect buy Point!
Some traders will try to get in before the breach of the pivot point to save a few pennies on the trade. Assuming that a stock will break out is dangerous and the breakout may fail. Be patient!
Remember
Even if you respect all these technical requirements of a Perfect Buy Point, you will still get stopped out and incur losses.
BUT: Trading is all about probabilities…respecting these rules will increase your probability to enter profitable trades and significantly outperform other traders and increase your chances to be consistently profitable in the market.
XAU USD - October outlook towards 2023G'day,
Breakdown:
1. Note
2. Contents
3. Research breakdown
4. Education recap
5. Information on Lupa.
A note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged Short due to the overall monthly supply in control, until the opportunity of a rejection of the PCP has occurred or a long opportunity from a break and retest of the trend. Overall, where an imbalance is formed and sellers have completed the changing of hands due to purchasing further increments the exhaustive sellers. Until this criteria is met - shorts are held.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. However, note, at current we are awaiting confirmation of a Bearish move.
Master Key for zones
Red = Three Month
Blue = Monthly
Purple = weekly
Orange = Daily
White = Structural move down
Risk Warning
Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence.
Monthly
Rejection from a double top or retest of the supply has allowed the free move of Gold to establish Impulses on the downtrend.
Price has created a consecutive 6 bearish candles from April 2022, which matches structure of April 2020. Now, the correlation here between SPX & XAU shows a bullish run towards the equal high for XAU in 2020, and shows the departure sell to present towards the PCP in a Drop base drop scenario at the first monthly landing zone or this will form the pivot point whereby price will use probability and confirmation rules to react off said level to create a new long structure.
Further Monthly
Weekly
The OL supply has created an impulse of four consecutive weeks, pivoted back to a reversion point (aligning to the structure left with range highs at resistance levels).
The curve has also indicated with the lower high formed on the weekly pointing to $1995 - subject to the curve creation here - price will look to test said curve at different positional points which forms using reversion pivots towards 50-61.8% using the Fibonacci sequence.
Please note the zoomed in trading range below where white boxes, represent the trading range.
Scaled in weekly
Daily
Red box represents untapped room for shorting - looking left provides the clear price drop still available for the next zone.
The daily chart as indicated a smoother curve which connects multiple lower highs where price has failed to 'tap' the curve keeping the strong.
The chart below shows the (ii) shows the resistance (PCP) daily levels which allow the strategy of a Drop Base Drop scenario to continue with the structure cycle occurring multiple times (to present) we are on cycle three. This current status of the structure shows a strong lower high formation into the Fresh supply level and a new sell off zone is ready to be anchored. Following the rules of supply and demand zones - this supply will now look to test the range low at the daily demand between $1600 - 1620.
(ii)
Do you enjoy the setups?
Professional analyst with 5+ years experience in the capital markets
Focus on technical output not fundamentals
Focus on investing for long term positional moves
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
LVPA MMXXII
LINKUSDT Potential Bearish Max GartleyAs we can see on the 4H chart, we have a Max Gartley pattern in formation. The PRZ - potential reversal zone - is very close. Pivot points can be observed in the Fibonacci Retracement. Fisher Transform Oscillators (www.tradingview.com) and Ehlers Stochastic Oscillator-LazyBear/) in bullish momentum.
LINKUSDT is in a 4H bullish momentum driven by the daily relief from the US market. Looking at the S&P500 chart, we can see price action testing the trendline of the channel from which it broke. Doesn't look like a big potential pullback - weak volume and bearish sentiment. Traders looking for a crucial point now coming soon. I'm expecting bears in control soon. As a side effect of possible lower lows in the US market, LINKUSDT could reach the ideal level for a short position by tomorrow.
At this juncture, with the expectation of days ahead for the weekend in a downward corrective, while the Dollar Index rises, and the market overbought on the daily chart, the pivot point D pointed to by the Max Gartley Bearish pattern seems to make perfect sense. We can see over the course of the day, as the S&P500 appears to visit the GAP up to the .886 Fibonacci Retracement level, LINKUSDT being pushed to another higher high near USD9.00. So we will have the range at PRZ when the market will be entering bearish momentum on the daily chart.
Prints on updates below.
SPX - October outlook, soft landing or hard crash?G'day,
Breakdown:
1. Note
2. Contents
3. Research breakdown
4. Education recap
5. Information on Lupa.
A note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged Short due to the overall monthly supply in control, until the opportunity of a rejection of the PCP has occurred or a long opportunity from a break and retest of the trend. Overall, where an imbalance is formed and sellers have completed the changing of hands due to purchasing further increments the exhaustive sellers. Until this criteria is met - shorts are held.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. However, note, at current we are awaiting confirmation of a Bearish move.
Master Key for zones
Red = Three Month
Blue = Monthly
Purple = weekly
Orange = Daily
White = Structural move down
Risk Warning
Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence.
Monthly
We have a fresh level coming up.
Below this flip zone as a PCP or Drop base Drop scenario will provide us a clear pathway to the 'Covid lows of 2020'.
Reasoning - original levels needs to be the arrival destination for the buyers.
Weekly
Time frame of interest as a whole as it ignores the smaller pictures.
Shot continue to dominate - the monthly indicates strong wicks which showed reactive buys.
Price will mainly look now to test the weekly and turn the current zone into a PCP zone. (await confirmation on daily).
The zones are clear for profit targets and strong places to hedge buys from these zones.
Four Day
VIP availability for write up.
Daily scenarios
Scenario will be either, break and retest - (risk minimized move)
Buy impulse will be an option upon the last buying opportunity as the zone is now tested twice on the weekly and monthly has indicated a strong supply in the case of a BASE within the PCP or DBD scenario.
Do you enjoy the setups?
Professional analyst with 5+ years experience in the capital markets
Focus on technical output not fundamentals
Focus on investing for long term positional moves
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
LVPA MMXXII
📉✌BTC Weekly & Daily Analysis✌📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first look at my previous analysis and positions.
According to the volume profile indicator, the price is targeting lower levels in a bearish structure.
Price is anticipated to retest the $19,831 level now that it has been broken.
On a daily basis, it's anticipated that the price would drop down to the level of 19000 and not stay beyond that mark.
The $17,617 price level is the last significant support; it will be where Bitcoin's future lies.📉📈
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌