Expecting price to withdraw from this formation and move lower. It's possible price reverses back to the upside, but in the short term - everything is showing for signs of a retracement. If bullish, wait on buys!
I wouldn't be surprised to see Bitcoin continue to pullback, especially with how aggressive the most recent sell off is. We'll see how price responds if it makes a new high, but I wouldn't expect a full reversal just yet if we get one. Price is hinting at creating new relatively short term (M15 + H1) highs. But also be prepared for further intraday pullbacks....
While originally expecting more pullback on BTC to the upside. It's becoming more evident that BTC is rounding out at the top of this up move. More and more signs are coming for lower prices. So While i expect price to move a bit lower now, higher prices are still a possibility. This is an odd range, and I'm willing to be wrong due to the nature of that. With...
On the previous analysis we commented on how Bitcoin could make another high, however - the upside is limited. After rejection from the weekend and a recent break of structure to the downside - it is pretty much confirmed for lower movement in the Bitcoin price. Look for solid zones to short from, as directionally - the downside is the most likely in this...
The upside for bitcoin looks to be running out of steam. With a strong divergence on RSI and a wave count that favors downside impulsive move, it looks as though bitcoin - at least for today will see lower pricing. If the immediate swing low doesn't hold, we could likely assumed a wxyxz pattern will not hold and that these are all impulsive waves to the downside;...
I'm done with the ridiculous gas prices. I'm trying to fill up my car not a 737. Price is showing willingness to reverse here as we see price slowing past a liquidity pool. As long as price picks up momentum, we could see a bigger reversal. Otherwise, practically speaking, it's still an uptrend so probability lines with price continuing up after a pullback.
Depending on the position before the FOMC release I'd partial and then move SL to BE. If taken out of the trade immediately I will look to re-enter if the reaction is appropriate. liaay
Long time no see. I wanna see this thang tank. We got a good momentum trap to the upside and are pulling back slowly here. Shorts are whispering in my ear... liquidity is all around you
Let's see here if USDJPY continues back down on NFP Friday. NFP is a wild card, so if a juicy setup appears to go short, it would be nice to take. LIAAY ;)
The Dow baby. Let's say NFP has something in store for this one tomorrow. In that case, i like to BTFD :) LIAAY
EU showing strength in this pullback. Lots of liquidity to take above. Liquidity is all around you :)
No Time to talk. Blah blah blah Liquidity all around you good stuff yup yup
Yo. GU looks good to continue this pullback into the upwards zone before recontinuing the higher TF trend right? Maybe? Idk, let's see. Possible trades to come. Liquidity is all around you. :)
Liquidity is all around you... Strong movement to the upside in EG. GU selling off strong and EU within a tri-month long range. Look for the possibility of EG continuing up. Maybe we get a pullback here for the next half day or two. But, i'm looking for quite a hefty upside target until price shows reason to not be long here after the pullback for the next couple...
Liquidity is all around you. Price is coming into a strong support area. If the bottom isn't already in, then maybe it taps once more into the downside target zone before reversing up. There are 3 immediate targets. The first has the highest chance of keeping UJ bearish. If it turns over there at Target 1 after making a new low on M15, then this idea could be...
This has nothing to do with fundamentals. But nice reaction in price. I took this short here. Lets see how it plays out shall we? Liquidity is all around you.
Liquidity is all around you... Keep eyes open for a good pullback here on EJ. It's looking for liquidity :)
Liquidity is all around you. Think this is a good support area based off of yesterday's strong reaction and liquidity sitting above that needs to be tapped. Lets see here.