XPD price swept key liquidity level with a lot of sellers got trapped. Also we have 1D MACD divergency, it means the trend is not that strong to break through marked level, as a target I expect to see price higher marked with red cross
So as we swept a key low as high liquidity area, price showed great purge and revert model. One of my best validation on daily timeframe is MACD bullish histogram and lines divergency, it clearly show to us how weak are bears and how bulls starts to show up. The target would be key level in opposite side.
Price is potentially a false breakout key low, and many sellers are trapped right now, so if price starts to go higher, they will be closing their short positions, and it provides us with a potential impulse higher. The main sign of a lack of selling pressure for me is the MACD divergence.
Price is potentially a false breakout key low, and many sellers are trapped right now, so if price starts to go higher, they will be closing their short positions, and it provides us with a potential impulse higher. The main sign of a lack of selling pressure for me is the MACD divergence.
Price is potentially a false breakout key low, and many sellers are trapped right now, so if price starts to go higher, they will be closing their short positions, and it provides us with a potential impulse higher. The main sign of a lack of selling pressure for me is the MACD divergence.
Price is potentially a false breakout key high, and many buyers are trapped right now, so if price starts to go lower, they will be closing their buy positions, and it provides us with a potential impulse lower. The main sign of a lack of buyers pressure for me is the MACD divergence. This chart is screaming on me to short it =)
USDCAD price swept key liquidity level with a lot of buyers got trapped. Also we have 1D MACD divergency, it means the trend is not that strong to break through marked levell, as a target I expect to see lower level marked with red cross.
Price took out previous week high that severs as a big liquidity pool and potentially a lot of breakout buyers got trapped - it means we have demand area to the opposing liquidity area. Also price break under the Weekly open, it means that weekly candle probably started distribution phase after manipulation is done.
On the opening of new week price took out breakout sellers and closed above weekly open = bullish sign. The high probable to see distribution upward.
Price took out previous week low that severs as a big liquidity pool and potentially a lot of breakout sellers got trapped - it means we have demand area to the opposing liquidity area. So, I would expect to see price break through previous week high.
Price took out previous week low that severs as a big liquidity pool and potentially a lot of breakout sellers got trapped - it means we have demand area to the opposing liquidity area. So, I would expect to see price break through previous week high.
Price took out previous week high that severs as a big liquidity pool and potentially a lot of breakout buyers got trapped - it means we have supply area to the opposing liquidity area. Also we have a break of market structure. So, I would expect to see price break lower.
Price took out previous week low that severs as a big liquidity pool and potentially a lot of breakout sellers got trapped - it means we have demand area to the opposing liquidity area. So, I would expect to see price break through previous week high.
As a price makes higher high, each wave becomes weaker and weaker; this is perfectly indicated in MACD histogram with divergence. For me, it is obvious that bulls become weaker and bears become stronger at the same time, so after a false breakout, I would expect to see local reversal movement to the marked low. On the 4H timeframe, we already have MACD...
EURUSD price swept key liquidity level with a lot of buyers got trapped. Also we have 1D MACD divergency, it means the trend is not that strong to break through marked level, as a target I expect to see lower level at 1.07765.
One of the best setup on Daily timeframe, from my experience. What are your thoughts on that?
There is potential Wyckoff distribution range with a monthly bearish MACD divergency, so as a rules trading in range - range high deviation lead to range low deviation. Maybe we about to step into Bearish trend crypto market, lets see, cuz in the end of the day its the game of probabilities =)
There was a huge rally with upward 366% without any pullbacks. Buyers (big money) that bought a deep probably will start to cover their big positions on high liquidity area such as ATH range 73k - 75k. Also we can spot a huge monthly MACD divergency means that trend is not that strong to breakout 69k level. For now I would expect swing higher to grab final...