JoshShayesteh

JoshShayesteh

In order for market structure to remain bullish and this range to not continue, we want to see BTC form a higher low. Around the usual formation or a higher low (golden pocket fib) we have significant support. Huge volume gap, daily supply zone and deviation from local range fib levels. We are also likely having a takeout to the downside of the recent triangle...

JoshShayesteh

I don't believe the correction is over. Probabilities suggest a 20% correction is likely. This coincides with significant trend line retest + Value area high of impulse wave + fractal from previous bear market. 85-89k BTC is coming. Don't say I did not warn you. I will buy the dip in alt coins.

JoshShayesteh

From past few posts you have seen me saying that we are in a range and to trade the range. We came into my area of interest and almost pinpointed the bottom. Now I am looking to continue playing longs following order flow up to the top of the range. I like this idea on the M15 chart. There is nice liquidity resting above the zone of interest. The zone of interest...

JoshShayesteh

Simple, play the range. Finally tapped into key area. Let's see if it holds. We have seen price action like this before.

JoshShayesteh

Literally, quite literally... in a range. Buy the lows of the range (not financial advice). But no need to be so fearful we are just testing range lows.

JoshShayesteh

I believe bitcoin is due a pullback. This scenario faking out the retail triangle pattern, deviating the local range into a 4hr order block and then sweeping sell side liquidity below us to target around 50k area. Currently we are within a monthly, weekly and daily supply zone so we are at resistance.

JoshShayesteh

This is a MTF Plan. It is theoretical and speculative however, technical confluences suggest we could get a highly probable short here. Of course I will not blindly enter into shorts, I will drop down to lower timeframes and look for my entry models to be met. I will provide in time updates. Trend remains bullish so at the moment longs are more probable. 4 hour...

JoshShayesteh Updated 

To the upside - for shorts I like the 4 hr Order Block lining up with the point of control level which is a very high time frame point of control. If we claim that i will be looking for further upside. To the downside, for a scalp long trade i like the idea of a local range deviation into this fibonnaci pocket which also lines up with the swing low from the 15th...

JoshShayesteh

This looks so juicy - demand zone to the upside lining up with downtrend POC and deviation (TR Pocket). Equal deviation to the downside with value area low and 4hr demand zone. Whilst also faking out retail trend line.

JoshShayesteh

Kas is heading into strong resistance with this macro value area high lining up with the fib golden pocket. I will be looking to short around here.

JoshShayesteh

Like the look of this macro impulse VAL, also is a high volume area. Would like to take out the lows and bounce from this.

JoshShayesteh

Monitoring order flow i have been bearish all day - longs getting absorbed, longing the drop, could see this fractal play out.

JoshShayesteh

Currently looking for a long position to fill the imbalances we have above as well as the naked weekly pivots. Speculating a potential triangle forming then faking out to the upside before heading lower. Higher timeframe I am expecting lower but i will need more data to take the short when/If we get to my area of interest around that MTF VAL.

JoshShayesteh

Idea based off filling imbalance - have some confluence with vwap close, mtf impulse value area high and previous day equilibrium. Still in the short position that i posted few days ago from that POC and 4hr OB

JoshShayesteh

This is my plan of today for gold - looking for here around this downtrend point of control area. Idea is based off making a lower high.

JoshShayesteh Updated 

On this trade I am looking for a scalp with the local downtrend - This is a scalp so I am looking for aggression coming into this area and will take quick take profits and move stop to entry. The area is a local impulse down value area low combined with the .382 fib and a local deviation fib - idea is based on if we are currently having a small retrace on an...

JoshShayesteh

This is my local scalp plan for gold. Potential SFP of london high to take it down into the naked value area plus 1hr naked point of control - then ill look for a long to take the highs.

JoshShayesteh Updated 

Looking for a backtest long at this Value area low. Stop loss will actually be time based, closing any HTF candles below the VAL. Will look to trade this up to the POC/VAH area where i will open a nice hedge short as well as taking good amount of profits.