DIGITALASSETSINC

DIGITALASSETSINC

We hit our First POI point. We needed to wait to observe the shift in the market structure with the bullish bias. This is confirmed by the change of the market direction after breaking the last Lower High to create a new High. On this direction bias, we notice that there are new breaks of structure that were caused by a consolidation or correction that pushed...

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Above this high we wait for a solid BOS, the nature of a candle close will dictate if we commit to the setup. We are looking for a candle that fully breaks above, the structure, With the body close above the structure. This will be an impulsive move. We identify a market structure that formed prior to the break, and that will be our entry position. Be sure to...

DIGITALASSETSINC

Above this high we wait for a solid BOS , the nature of a candle close will dictate if we commit to the setup We are looking for a candle that fully breaks above the structure With the body close above the structure . This will be an impulsive move. We identify a market structure that formed prior the break , and that will be our entry position. Be...

DIGITALASSETSINC

#USDCAD is at a bullish sentiment, what we can do from the previous price action is observed the previous Break of structure in the bullish direction. It is important to note hoe the break of structure took place , and as we see there was formation o structure which resulted in an impulsive market action resulting to the break, this area has been untapped till...

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CANDLE CLOSED ABOVE THE IDENTIFIED RESISTANCE ZONE We wait for a retest and mitigation on the corrective structures zone on the same Impulsive leg. Since today there are high impact news, probable wait or a reentry around the area identified, to acquire the volume for a bullish push.

DIGITALASSETSINC

As indicated by the drawings. There are some things we need to understand . 1. The resistance zone one the Hour , and the 4 Hrs TF which are used for the analysis , rather intraday bias has been Violated . 2 observe keenly that after the break, there has been a undoubted close of the candle above the resistance zone showing that the bulkish market as per the...

DIGITALASSETSINC

Good support zone at this area. An inducement has occured and woud only be fair to look for a clean entry position .

DIGITALASSETSINC

If this hrly candle closes bearish with the body below the resistance line . The first retracement will be an inducement and keep up the shorts. Flow with the trend , dont catch knives and try to predict. Let the market do its thing .

DIGITALASSETSINC

Technical Analysis: Trend Analysis: On the 4-hour chart, USD/CAD has been in a moderate uptrend over the past few weeks, with higher highs and higher lows. This indicates a bullish bias. Key Support and Resistance Levels: Support: The pair has found support around the 1.36050 level multiple times, indicating a strong level to watch. Resistance: The 1.37400...

DIGITALASSETSINC

A retest of the most recent higher low to indicate a confirmation of the change in trend.

DIGITALASSETSINC

1. Identify the Current Trend: Begin by assessing the current trend of the USDCAD pair. Is it in an uptrend or a downtrend? Trends can be identified by drawing trend lines or using technical indicators as observed our current trend is shifting to the bearish setups 2. Spot the Change of Character: To anticipate a potential change in character, you should look for...

DIGITALASSETSINC

Wait for break of structure, then confirmation of the most discounted price and then fo shorts

DIGITALASSETSINC

spike from this structural level to clearly indicate the possibility grab of these liquidities. this high volume closing a clear support zone , then the next candle seems to have close above the structure . signifies the presence of grabs .

DIGITALASSETSINC

first of we should appreciate the fact that we are at the top of the rend line , which is our daily trendline . in this case that is our dynamic resistance zone , that has been at a pike for the longest time. we see the price fall back to structurer with intensity , breaking through the previous support zone that now is turned into several tests as a resistance...

DIGITALASSETSINC

what's observable here is that this area is quite sensitive of the structure available in this zone. we have 2 structures of which both could be easily manipulated. in seeking the mounts of liquidity of these areas . i,e for the great push (bull run), which is still the bias of the market . but the market makers still need a huge liquidity for this. QN is, What...

DIGITALASSETSINC

From this position right here. we find that the price action is much trying to retest the previous lower highs , then later attempt to reach the lower lows .But in this case we do understand that the retail sellers have great interest on the move therefor setting a great deal of stop losses and buy orders up the previous resistance zone. so if I were to think...

DIGITALASSETSINC

On the 4 HRS structure we can clearly see the ascending channel that generally indicates the market it at a bullish trend. at the current bearish push. Its visible that it has passed through a previous support level. Creating small wicks. our interest to short the market will play along when we see the price move back to these areas , where previous stop losses...

DIGITALASSETSINC

from the previous price action we notice the price action was forming clear higher highs and higher lows , a clear structure , in being that till the break of the previous structure , the direction bias doesn't change , but clearly on breaking through the previous lower high, the 4 hrs candle closes well below the previous structure. we will anticipate the next...