Buy Side curve is neat... too neat. Want to see displacement to the upside after trading lower.
I'm an ICT student so... please, Lord forgive me... I'm not a swing trader so this chart just gives me one clue to forming a bias.
Looks like OIL could be setting up for a nice long Falling wedge on the weekly Bullish divergence on the 3Day and down Bullish Bat on the 4 H Any pull back on WTI ill be looking to buy I'll also be looking for a possible swing failure pattern of the last low If we can reclaim the Value area then more upside is probable
2017 cycle top being regarded as resistance? On smaller time scales we were showing distribution in the form of bearish order blocks being respected. For a while now you've been trying to hold this level as support, and you may be proving it as a resistance from here on till the next bull cycle.
• I'm still sold on bear market low being manufactured 1 year after Shmita . • I put the bar pattern from the previous bull cycle to think about the possibilit y of THE low of this bear market being put in around halloween/ week of Nov. 7th,
I'm looking at this 4H FVG and the 50% fill mark is confluent with the Golden Pocket and the POC here locally. I have some supply marked on the chart as well down to the 5m. If the composite man needs to come up here to mitigate his long positions I will look for some divergence on MCB as well as CVD on Eco charts for an opportunity.
When choosing an order block, high volume is the key. Macro downtrend. In Dante's Descent the local top would have already been set in stone, and price action is slowing down after this pump, so it's time to look for a short. Obviously there's no way to actually tell if I took this trade because I never posted this the day of, but I assure you I did. I've also...
•11 bars down, 9 bars up (W) •Average % of previous legs down brings you to the 1.618 projection on 10/31/22 •Every 50% move down in the equities markets has happened during the Shmita year in the Hebrew religion which is happening this year. Historically the bottom has been 1 year after the Shmita, so that would land us around September of 2023 for a market bottom.
trend is overall bearish. 16H 200 SMA acting as resistance oB on daily tapped bearish divergence on 30m (already took most of the profits out on the intraday move but willing to see where this will go with the smaller position I am still holding) got more levels to the upside if this breaks. this is also the 50% retrace from the range on the Daily :)
At an .886 retracement of this entire range, BTC has barely managed to take out a prior low and create bullish divergence. Curious to see how this plays out.
Igor (August 1949 – 3 January 2022) and Grichka Bogdanoff (August 1949 – 28 December 2021) doomp eet for good (or for now).