BTCUSD, 12k or 9.6k, volume profile and the bad news bearsVolume profile on INDEX:BTCUSD on monthly chart after cycle up in 2019
The high volume cluster at the bottom is obvious. The POC for the whole profile up to the current price today is in the 9.2k range.
The edge of the high volume cluster is around 12k.
There's plenty of liquidity gaps (fair value gaps, FVGs, whatever you like to call them) between here and there.
Those gaps tend to get filled as supply and demand tends to equilibrium, as we're seeing now and profiting from.
Shorters of the world, unite!
Set your leverage right, TP at 12k, watch for a bounce, then long as we come back up to fill in the gaps some more.
POC
short ideaNoticed we were beneath some higher TF POC's (2hr) from two different moves.
Bear flag-ish on HTF + exchanges halting withdrawals before the weekend made me lean bearish and look closer to develop this thought.
Support structure look weak, liquidity grabs to the upside getting completely walked back down made me think there's a bigger downside move just waiting to happen.
Ready to long BTC?We have no confirmation for a trend reversal in high timeframe!
BUT, we do have 3 or more confluences at that miniGP level, which is more than enough to look for a long position, provided reversal indications with PA. dont blindly use high leverage, instead risk less than 5% on this trade. If looking for high leverage go to smaller timeframes and wait for levels to hit, use CCTR or MLB for reversal indication risk bare min..
Mindset to be in:
"If this works im in, if price flirts at that level i will ditch on high leverage entries"
AUD/NZD: High-Vol Trendchannel breakAUD/NZD: High-Vol Trendchannel break
> month-long trendchannel broken to the downside
> Double top formation with first lower high inside of broken channel
> POC above current PX
> countertrend broken
> weekly high 2x rejected
> daily lows about to break
> little volume on way to tp
AUD/NZD: Wall Street Multiple Timeframe AnalysisAUD/NZD: Wall Street Multiple Timeframe Analysis
Weekly | Daily | 4 Hour
✅ Weekly: Strong resistance level + Morning Star, which indicates strong bearish pressure from long-term position traders.
✅ Daily: Double-top, last higher-low broken + daily close below inner trendline.
✅ High Volume with POC above current price levels, inner upward trendline break, first LL outside of structure. Close near weekly + daily lows on Friday.
👉 Conclusion: Bearish Setup for the WSI Watchlist. We have to check price action at the beginning of the week to find a potenzial short entry.
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Meikel & Team WSI
EUR/AUD: Watchlist Long Trade for next weekEUR/AUD: Watchlist Long Trade for next week
> High Volume POC below current levels
> 3 touch inner upward trend
> inverse Shoulder-Head-Shoulder
> Need a break of the last falling high + 2 touch inner downward trend break
We are looking for a break of structure + change in sequence. This will be achieved once the last lower high is broken to the upside.
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$ALGO at key levelThe point of control level is $0.3005 very significant. Dating back to Algorand 's inception, this has been a key level of resistance/support. ALGO stopped nearly to the penny on the volume shelf at the bottom and bounced off it multiple times.
Previously it was resistance, now it seems to have become support. ALGO seems to be running out of sellers. Soon the bulls will take control. Targeting the $0.5380 level which would be a 50% return and the VWAP from the most recent high at $1.0172 would be a nearly 200% gain.
Algorand is green, efficient, and has extremely low gas fees (I believe it's $.001 please correct me if I'm mistaken).
AUD/CAD: High Volume Break of Structure | ShortAUD/CAD: High Volume Break of Structure | Short
> first lower low outside of structure
> POC above current price levels
> downward trend established
- Major Re-Test completed
> Very high Shadow, indicating major Bank SL-fisihing
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CAD/CHF: H4 Swing has more room to runCAD/CHF: H4 Swing has more room to run
>Upward trend confirmed after pullback
> High Volume Node below current price
> Low Volume on the way to TP
> generell CAD-strength
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GBP/CAD: Bullish Engulfing Turn SetupGBP/CAD: Bullish Engulfing Turn Setup
> Price at major support level
> Heavy Bank buying i.e. Bullish Engulfing
> POC with much room ahead
> Low Volume ahead i.e. immediate upside
> Positive GBP News released
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USD/CHF: Structural break with High Volume SellersUSD/CHF: Structural break with High Volume Sellers
> Rising supportlevel broken
> Double Top
> LL in H1 after bullish Pullback
> POC above current price
> low Volume below
> Last day's low broken
Risk: NFP Data out of the US due tomorrow. Data clearly above consensus could lead to USD-strength.
USD/JPY: BOS, CHoCh & High VolumeUSD/JPY: BOS, CHoCh & High Volume
- Break of Structure (BOS)
- Change of Character (CHoCH)
- Trendchannel upside break
- High Volume below
- POC far away, orderbook empty ahead
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EUR/JPY: High Volume breakout | LongEUR/JPY: High Volume breakout | Long
- Break of structure (BOS)
- Change in Character
- POC below current price levels
- Low Volume ahead
Perfect Bank Setup, more long potential ahead!
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AUD/CAD: High volume breakout (Long)AUD/CAD: High volume breakout (Long)
- break of bearish pullback
- POC below current price
- higher-low-higher-high WSI sequence
- Low volume Node ahead
- Little volume to TP area
Wall Street Bank buying seen.
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Topic: The Psychological Tricks of Wall Street