Daily cycle SMT and 90 MINS CYCLE SMT , we either enter on CISD entry model to reach the next available liquidity or we use MSS and then wait a retracement to an FVG for an entry.
Fundamentally oil is risky to sell at this moment. however, oil is getting close to weekly sell-side liquidity and also touching a daily bearish order block. I will wait for a candle rejecting the zone with a wick in order to enter the sell order and also have a careful eye on the new coming up in the next few days, and if the price breaks above the 93.5 $ mark I...
after the FOMC we see price tapping into weekly, daily, and monthly liquidity. providing us a great opportunity to buy for the long term. also price shows a divergence on the h4 timeframe. i will take this trade long-term and re-enter once more on fair value gaps as price retraces
its a very beautiful trade to take . price touched monthly and weekly liquidation zones and provided us with a long wick doji and also and engulfing candle after it.we also see a 4h macd divergence. i am already in this trade at the doji and looking to tarket the next liquidity zone shown on the chart for a 4.5R profit
the sell side liquidity showed its strengths today by rejecting prices downward. daily FVG was strong enough to tell me that in order for the price to push forward they need a big fundamental catalyst for it. for the time being, I see the price going back to the 25k zone, however, I won't short BTC and I will wait for the 25k zone and aim at the 29k level as a...
price reached an important weekly liquidation zone. divergence on daily and h4 confirms a possible switch of trend might occur. therefore, i am already in this trade long with 2 targets in mind. the 2nd target coincides with 68 fibo and major buy-side liquidity as shown in the chart. best of luck
price is approaching a very important bullish order block with sell-side liquidity underneath , i will take the trade long when price taps into the order block and target will be liquidity and weekly lq as shown on the chart
usdjpy is reaching a very important weekly and monthly buy side liquidity zone. looking at the cot report it looks like this week buyers having accelerated and sellers decreased which also is a huge sign of a decline . divergence on h4 timeframe is also lining up with my view. price might breach through weekly liquidity , however i will enter my trade based on the...
based on time retracement, we will reach the target of 7k on July 3, 2022, if it follows the structure predicted.
as it seems gold is in its third wave of Elliot . we are long gold until price reaches the red rectangle , then we will reenter when price finishes its wave 4 until wave 5. the alternative analysis would be if price breaks the area of wave 2 downward , it would indicate that we are in a bear market for gold .
the chart is self explanatory. waiting for ETH to retrace back to 2000$ to go long however wave one could increase to 3500. i used fibo extension and retracement to identify entry and exit levels
based on the Elliot wave theory we can see that bitcoin is forming its wave 5 . using Fibonacci extension we can target the wave 5 to end on the 54k 55k mark. note that the 50k zone will difficult to break , wait for a break above the 50 k to think about going long
using Elliot wave i have identified the key areas where price will probably go down to . i will be waiting for my entry zone to look for a long position and will be looking for my first target and a possibility of reinvestment. for max profit i will be using options to enter this long term position. zones were identified by using Fibonacci confluence zones. good luck
by using elliot wave analysis and fibo confluences , i have identified the key areas to buy , at the 4th wave of elliot and tp would be at the 200 mark which is sitting on a area where there is a confluence of fibonaci key levels. let us see what will happen .
REASONS TO SELL: 1- head and shoulders pattern ( not a typical one ) 2- trendline break 3- break of support waiting for the trigger and that trigger is a candlestick break under the grey rectangle
reasons to sell this currency pair when the grey rectangle is broken with a momentum candle: 1- trend line break 2- break of neckline of head and shoulders 3- resistance level
reasons to buy this currency if price breaks the grey rectangle: 1- trend line break 2- double bottom 3- divergence 4- price on weekly support we will update the entry of this trade if another diamond forms on the trend line with a momentum break of this diamond , however if not , entry will be after a break of the grey rectangle with a momentum candles.
reasons to sell this currency pair if it breaks the grey rectangle are: 1- double top 2- trend line 3- divergence 4- resistance if price forms another diamond on the trend line , then we modify our grey rectangle on that swing , if not , when price breaks our grey rectangle with a momentum candle we enter this trade with sl above the 0.72 psychological level as it...