September is famous for price falls before mega bull runs. Combining that with the fact that bitcoin makes an ATH every 3 years then we should be seeing crypto peak in December. Watch for the 0.6000 zone as price might bounce from there
This pair loves to consolidate but when it moves expect some nice pips. I put a little time and thought to see the kind of consolidation this might be. To my eye, It looks more like a reaccumulation inside a larger re-accumulation. I understand price makes repeated patterns in different time frames. If this were to be the case then a 1:16 ratio isn't that bad.
This is a pair I have been following closely as I have vested long term interests. Price action is slowly showing us its hand. This week I would expect reversals as the pair heads down to take out liquidity.
Has it occurred to anyone that it is rather unsettling for bitcoin to peek at this time of the year. Normally it happens in december towards January. It was hard for me to fathom how they would leave all that liquidity below. I might have solved this mind boggling puzzle for my self. I call the reaccumulation first
Silver might see a sell in coming weeks after price breaking the 24 usd recent lower low. This may signify a break of market structure forming what would be supposedly be a major sign of weakness. It would be quite nice if we see a retracement to the upside until 27.750 level before going down. Once that level holds we can be sure of an impulsive down trend
we need waiting for the shake out or for the volume to show us strength..
Look for sells during london as it has formed a wycoff distribution
A jump across the creek will confirm the reacuumulation theory
This is a follow up chart for my previous post . Find the link attached below
Hello my fellow traders. I hope you have been having a good time with the charts I have been onto UCAD since the beginning of its markup phase and have kept you updated on my views. If am not wrong, This pair is cooking something up. Institutions are re-accumulating their orders and I might have sniffed them out. Possibly we might see a reaccumulation with a...
Assuming the schematic is very correct, We might see gold push one more time to the upside. I have been patiently waiting for price to get at the 1860 level to go short on Gold. Price indicates it will hit that level before going down.
USDCAD is hatching a plan to take out liquidity as FED chairman testifies. Be woke and stay alert of the trickery about to happen
o Last week I thought price would go down and fill the imbalance left but boy was I wrong. Far from speculation I have concrete evidence that usdcad will not see a new low form coupled up with a very nice narrative for the pair. So here we go: We saw usdcad complete the accumulation phase after taking out all liquidity below. What follows next in the wycoff cycle...
USDCAD has been preparing for a retracement to level 1.219190 but not without building up liquidity. We might see prices tap the resistance line at 1.26545 and leave Equal highs to be taken out after the retracement. All in all having a bias will aid us in not getting caught up against the trend. Lookindg for shortterm sells at the equal highs then longterm buys
DISTRIBUTION INSIDE AN ACCUMULATION I cannot tell you guys in full totality that this schematic is right for sure, it is just an anticipation of the many possibilities offered by the market. Overall bias is shorts till they sweep the liquidity below. Interms of intraday perspective I think price will continue down and reverse at 0.8500 zone in preparation of a...
BTC has been forming a structure that looks more like an accumulation. I want to believe it is in a re-distribution phase and hence its going to fall. I would look to be a seller between 35200 and 36140. With good risk management that should not be a problem incase it decides to fly. Watch zones between 35200 and 36140 to enter for a short position