Support and resistance are drawn simply Buying levels are those green horizontal line and selling levels is that red horizontal lines simple
Sand is at support...I have drawn 2 buying area for sand, those green horizontal lines are the buying area for sand.
This pattern many time works and is a repeated pattern it repeats every week Whenever Asia dumps and London hold that dump mean London consolidate then we mostly see NY reverses the Asia move...let's see if it works this time or not...remember the event at (10am NY time)
I wanna se Eth go into $1350 level If $1350 held as support then clearly we'll see ETH to go at $2000 level where we have a resistance...if ETH was able to break $1700 level resistance.
Expecting comp to bounce from these level have drawn 2 support areas(green box is support) above we have resistance which was not traded to..price came down before trading into resistance are(red box). Bounce from these support levels might take comp into resistance which is above.
Levels are marked if BTC failed to hold 21.8k and 21.5 level range then we might go lower into 20.9k level and 20.2k level.....in worst case scenario 19k is not far.
I had given 2 scenarios before when dxy was trading at daily volume imbalance...said if dxy held V.I as support than our next DOL will be 104.774 but if V.I acted as resistance than we'll go down and DOL was given for both scenarios... Daily Volume imbalance held as support and price went for 104.774 which was the target.
For Bearish scenario *Between two C.E of the wick we have a 'Implied FVG' *If bodies of the candle did not close above the C.E(Midpoint of FVG)..then we are going lower if bearish and vice versa.
BTC has created a bearish divergence with CVD and RSI...Price making higher high on Daily timeframe while RSI and CVD making higher low on Daily timeframe which is a bearish sign.
DXY traded towards 104.473 level which I had published before...now we have 2 scenarios...if Volume imbalance(Blue Box) acting as than we might go for 104.774 level which will be the next draw on liquidity. if V.I (Blue Box ) traded through downside and retested as resistance than we are definitely going for liquidity at swing low (103.533) and we have high of the...
BTC went lower into the midpoint of the FVG and from here it bounced....this price action tends to repeat....just train your eyes to see it.
If held as support then we'll bounce for 104.473 If got rejection then we'll go for 102.452..simple..
Rune buying levels would be 1.587 weekly FVG high and 1.507 Weekly C.E level..and TP would be 2 and 2.3 level.
If kava went down into Weekly FVG then we might have a good chance to buy it...buying levels would be 0.812 and 0.748...target would be 1.162.
Possible scenario for BTC,.. At 22.2k we have liquidity to grab...wanna see reaction at 21.8k level before buying and target will be 25k...I failed then we are going for 20k.
DXY took BSL at 102.899 and 103.061....now below we have 4h FVG...102.482(FVG HIGH) and 101.966(FVG LOW)...I wanna see it go for FVG.
EUR and GBP both has created a high on 14 Dec and EUR has created higher high on 23 Jan while GBP created a lower high on 23 Jan...SMT divergence is created on Daily TF by EUR & GBP.....expecting GBP to trade lower into 4h FVG...if 4h FVG did not hold GBP then it might go for swing low.
DXY took SSL at 101.297...at current dxy bounced from The Daily OB and FVG...I want to see DXY to take BSL now at 102.899 and 103.061 levels