eranelbaz

eranelbaz

The price is in premium. and would need to retrace to a gap before continuing higher. CBOT_MINI:YM1! is the closest to a Daily gap from Q2 of Q3 Tertiary and I would like the price to visit there before going higher. This is also works with my CAPITALCOM:DXY analysis as when CAPITALCOM:DXY is a bull trend CME_MINI:ES1! in a bear trend.

eranelbaz

Seems like all assets are in time distortion between two gaps from previous year quarters. Since FX:GBPUSD Didn't get to the higher gap and stopped by a Daily gap, While CAPITALCOM:DXY and FX:EURUSD have a close in the range I'm considering it as an SMT that will raise CAPITALCOM:DXY price higher in the close time frame

eranelbaz

When looking at the weekly chart of BINANCE:ETHUSDT.P we find a Yearly Q4 gap in Weekly chart that we are just about to close above it with Daily PSP that closes above it (there are still 2H left for the daily candle). This makes be believe we'll keep this bull run until 4420$

eranelbaz

When looking at BINANCE:BTCUSDT.P and BINANCE:ETHUSDT.P you can clearly see that BINANCE:ETHUSDT.P closed above the previous week high while BINANCE:BTCUSDT.P didn't what indicate us as a bearish SMT. BINANCE:ETHUSDT.P reached to a 1D gap from previous Q1 week which will be a resistance area. This is why I would be bearish to BINANCE:BTCUSDT.P this...

eranelbaz

Seems like this week CME_MINI:ES1! closed above the high of the previous Tertiary Quarter while CME_MINI:NQ1! didn't which indicate as bear SMT. What supports this idea is the fact that CME_MINI:NQ1! is between two daily gaps of previous weeks in the same month Q1. This make me believe that we are looking to retrace to previous gaps and I'm bearish this week.

eranelbaz

It seems like that all Major 3 Crypto Coins are in Premium. All of them are above True Week Open, True Month Open and True Year Open except for BINANCE:ETHUSDT.P Which is below True Year Open. We are using a gap from previous Year Q4 that merge with a weekly gap. and we have a PSP in a weekly graph right about it. Near True Year Open BINANCE:ETHUSDT.P there...

eranelbaz

As I see it the close target of both ES and NQ is the True Month Open. On both of the True Month Open there is a gap from previous Monday in 6h chart. The bullish movement that we had this week is supported by SMT between CME_MINI:ES1! , CME_MINI:NQ1! and CBOT_MINI:YM1! and 6h gap from previous Tuesday (Q2). I don't see any relevant higher time frame gaps...