ThePitTraders

ThePitTraders

XRP expected to move lower before a move past 2$ mark. The marked buy zones will be closely monitored as price is expected to come to them before we get another leg that will see us hit new ATH.

ThePitTraders

Bitcoin is set to drop to around 81K. it has to come down to demand areas, before it can further move to 120K

ThePitTraders

Silver is currently at a demand level that was created by the banks. We have seen more orders being filled at the demand level. If price breaks bellow the demand zone, our long position will be invalid.

ThePitTraders

BTC to move lower to 53K as it reaches closer to ALL TIME HIGHS. Bitcoin has seen some growth for a couple of months and now need to shift lower.

ThePitTraders

Higher timeframes are showing a bearish momentum. the 2H timeframe has been n consolidation.

ThePitTraders

Gold has shown signs of momentum changing to the downside for the time being. The higher time frames suggest so. I have taken short position to the downside.

ThePitTraders

Gold short move this week or next week. Gold has rallied up but we saw that non comms continued to add short positions and removed from longs. Retail is currently shifting their positions to long. Price is currently at Supply Level.

ThePitTraders

US30 will move lower as non comms are selling it and and the price is currently at 4hr supply zone. I am expecting price to move lower. Alternative scenario will see price going through supply.

ThePitTraders

Gold is currently at a 2hour supply area. PRICE HAS REACTED FROM A DAILY DEMAND AREA. It is also possible for price to break the 2hour supply area. If price breaks above supply, we will wait for it to come back to the demand area that caused the break of the supply area to go long.

ThePitTraders

Oil is currently at Demand levels on a daily chart. Price is expected to rise as non comms are continuing to buy Oil at large scale.

ThePitTraders

Oil is at a 4hr demand zone. Oil is expected to continue with its move to the upside. Non-Commercials might continue buying from here. If this demand area gets removed, will see oil dropping below to the next demand zone. This will be because it might be reacting from Higher Time Frame Supply Area (Daily or weekly)

ThePitTraders

Non commercials are net short and aggressive with a bias of 78%. Retail on the other hand is more aggressive on the long side with 81% Long. We are currently in a down trend and we have have price eating through demand on weekly time frame

ThePitTraders

US30 is being sold by the Non Comms. All weekly demand zones have been removed and price went to test supply now it has started on its move down.

ThePitTraders

Looking to buy Oil when it gets back to the daily demand Zone. Non Comms are adding onto long positions as price keeps climbing. and the best entry would be when the price comes back to test the daily demand zone.

ThePitTraders

Gold short position Entered. Gold will move down as Non comms are adding to short position and above average. Retail are now 58% long.

ThePitTraders

Gold is about to sell from the 4hr supply area created.

ThePitTraders

Gold is is high demand and has been moving higher for the past 2 weeks. We might be looking to hit Weekly Supply for the last time.

ThePitTraders

EUR is approaching a 4hr Supply Zone. Retail traders are exposed to the long side with a bias of 75%