ETF: ETHU ETF: MSTU ---------------------------------------------------------------------------------------------------------------- Levels of significance: ETHU $12.55 Levels of significance: MSTU 31.50
I am almost certain that the price of DXYUSD may very much follow the sideways channel (Blue dotted lines) that I have laid out, before finally bouncing on support (Green dotted lines) which would then give a significant amount of buying power given the fact that 94.651 Is a major area of bullish divergence. However, price needs to close above the weekly MA before...
Price took about fifteen hours just to fulfill this movement In price to the downside -levels of significance: $22.16031 As of now, price may certainly be heading lower with other confluences Time Is simply used against us traders to fulfill both major and small movements In price, to work against It Is never an option In this case, both London & New York...
From our previous post, Crude Oil has gone up In price at a staggering $92.88/per barrel. As of now, I am not In favor of any long position trades whatsoever The U.S dollar would have to follow the sideways channel (Blue dotted lines) I had laid out In my previous post on DXY, thus going even higher which would then ultimately bring the price of Crude Oil to a...
Price for a period of twenty-two days was accumulating contracts In a tight range pip box. which Is truly one of my favorite setups to see once placing a trade. Whenever I see a consolidation period of more than five days, I immediately trap price In a box, and given the fact of the previous week's structure, I can then predict where the price will head with a...
Whereat the point where major moves are to come. On my chart were preset levels and pathing which Nas100 has respectfully tested. Level of significance: $15734.03 through $15647.00 -This level that we are on has been slashed through with a major pullback, stating that this Is a strong support zone, for now. The chart Is still in red but the next candle...
If the price of Oil can slash through $87.01 then we could definitely see price go much higher from here As of now, price is being held firm as $86.61 Is used to accumulate more contracts and validate false signals. -Levels of significance: $86.54 through 86.23
BTC has seriously shown great buying power Target Price-----> $50641.42
This simple Fib play was solid gold once 1799.86 on the dot had been slashed through giving traders minor pullbacks, before ultimately selling off. Time Is simply used against us traders to fulfill both major and small moves, to work against It Is not an option. -as of now, $1770.67 through $1721.88 may provide us with great buy entries or way before.
The simplicity In this charting Is just artwork. Price beforehand was slowly picking up contracts. Price at six o'clock a.m was seriously trying to push past $16,470.01. It failed the break. While doing so, contracts are being accumulated big time as higher-level longs are getting stacked upon each other. Keep In mind that the structure has been built for sixteen...
EUR------>USD Bars never closed In my zone, looking at the D/W chart, News, market structure, time, price-action and etc where all MAJOR confluences converging in order for me to place this magnificent trade. You Gotta Love It!
The accumulation process can be very tedious. Price took about 16+ hours of consolidation jamming up longs and shorts before finally making a major move to the downside. I plan on watching the range that we have now entered starting at $114.987-$114.114. -114.479
DOGE seems to like this range of value at 0.305609.. lets just wait and see shall we?!
Truly I'm convince that $1.50 is on its way in the near future! most likely later this year. Lets stay strong!!
Price was clearly fluctuating at the highs in order to accumulate more contracts in the ranges of $1.16928 through $1.16901. Eight Hours later, price comes back to the zone to possibly induce more longs, scare people out of the winning/loosing positions, or most importantly a stop hunt JUST to move back to its original price/path thus going down even futher just...
Price for a period of three days was shifting up and down In the ranges of $1.36081 through $1.35265 making It a level of resistance before finally shooting down to $1.34170. We may see a bounce from here, validating support for ongoing moves, or more bearish momentum. Either way, I think sellers have slowed down and buyers are showing themselves.
This move is strictly to trick the individual Into thinking that price is going one way but really it's not. It's simply a fakeout to the upside. I call this move the 1 and 2 simply because it forms 1 or 2 bars consisting of 7-10 pips. The textbook name would be an Impulse move. On currency pairs, they can be smaller, and on XAUUSD the impulse can be bigger and...
By the looks of this channel, my overall thesis would be a buy position. Simply because of price being at the bottom of this channel. I've also noticed that once in a descending triangle pattern typically near the end, we could see price breaking out of the bottom channel to then retest the bottom channel overall giving a bearish continuation. whichever the case...