Rtmoney
EURGBP Analysis and Trade IdeaPrice HTF broke structure and retracing now, trading into an unmitigated, imbalanced demand zone. I like this OB, as it is the origin of the bullish impulse that led to a BOS.
Looking for bullish PA on LTFs at this level to see if there is a CE (Confirmation Entry) made available.
EURCAD Analysis and Trade IdeaAdjusting to the price action, an updated look at the current market shows price is bearish, making LHs and LLs. It is now at a what I believe is a valid demand zone. I am looking for bullish PA that may indicate a market shift here, where the market may be turning from bearish to bullish momentum.
USDJPY Analysis & Trade IdeaPrice is in an uptrend on the HTFs, but is bearish on the 15M. This bearishness may be short term, as price is potentially making a HL.
The possible pivot points are our marked POIs, where I will look to enter long.
No confirmation, no trade. I need to see price shift from bearish to bullish momentum before any long entry.
Bitcoin: Potential drop coming?Am I seeing a Bearish Pennant? Has price brokent structure to the downside, and now retracing to supply?
I see the argument for upside, but I believe the PA is showing further declines are imminent.
I would love to get some feedback on this analysis. Share your opinion and your ideas for BTC in the comments section.
Thank you.
XAUUSD (Gold) Analysis and trade ideaGold is still in correction, ranging. I believe there is an opportunity setting up, as price has broken structure to the downside. The move that follows is where we we follow the footsteps of Institutions to profit.
This is the buy-to-sell move. Short term buy to a longer term sell.
EURUSD Analysis and Trade IdeaEURUSD is in a well defined trading range, entering an accumulation phase back in November. It is due for breakout. Until that time, the range play of trading the extremes works well. Wait until price reaches the extreme, and execute.
Caution: Let price indicate which extreme it wants to go to before entering a trade.
There is an opportunity to buy... then sell here. The sell is the higher probability trade, though.
Be careful, traders.
US30 Analysis and Trade IdeaUS30 has pulled back from ATHs, and has landed on a 12H bullish order block.
I am looking for the transition from bearish to bullish momentum, and I believe I see it forming.... the inverted quasi.
All I need is a right shoulder, and this could be a lovely swing to the upside.
Bitcoin: Retracement time...?Price has breached the previous high, tapping the liquidity there, and looking to be transitioning from bullish to bearish momentum.
After forming a reversal pattern, price had a BOS to the downside. After this, a return to the impulsing order block is expected, which it completed, forming a LH. Now, a continuation of the bearish momentum is likely to follow, forming a LL.
There is the added confluence of sell side liquidity to tap, along the way down. Price is hunting this internal liquidity for a more significant move to come!
The Bull Run.
Bitcoin: Update,correction, and trade idea!I misjudged the the Inverse H&S, the most recent evidence of price transitioning from bearish to bullish momentum. I am adjusting my analysis based on this update.
I do believe there is an opportunity about to present itself for a long position, for those not in the buy currently. It requires patience, but if we let price come to our POI without jumping the gun, we'll be in a good buy before the bullish run up.
US Oil (WTI Crude Oil) Analysis and trade Idea...UpdatePrice has invalidated the right shoulder OB I highlighted in the previous video. It has reacted off of the "head" OB, forming a double top, formed an engulfer, and is now retesting the base candle.
This may lead to the bearish PA I was hoping for.