Bitcoin broke structure at 28k level of support during its downtrend in July 2022 and tested the 16k level November 2022. It then went to test the 45k level of resistance December 2023. The January 2024 monthly candle clearly formed a spinning top and ended below the 45k level of resistance. This to me is a strong sell signal and can test 38k level of support of...
Gold broke its uptrend structure (labelled 'BOS') and has been on a downtrend ever since. However, after performing a change of character (labelled 'C'), it's at a potential area where support can hold and it can turn back bullish to test 2007 area. In addition, there is some imbalance to the upside and also a lot of liquidity (labelled '$$$') at higher levels....
US30 has clearly broken structure at an import support at 33232 area, which leads me to believe that we have officially entered a bear market. As seen with several smart money concept ideas, after a BOS (break of structure) price tends to retest a POI (point of interest) and repeating its previous move. If price gets to at least 34121 area then sells should be in...
US30 is currently on a downwards trend and has the chance to clear liquidity labelled "$$$" and test the 15 min order block from 33073.6 - 33182.9. There is also some imbalance above the liquidity which suggest market may quickly enter and exit that zone.
US30 respected the support level and may continue going up with regard to good GDP data. US30 might clear liquidity labelled $$$ and might head up to 34079 levels.
SPY broke out of the major resistance zone and may use it as support in addition to breaking down trend line liquidity. There is a gap at the 420 level and market may aim to test those levels.
US30 has been on a downtrend ever since trend reversed at the 34268 levels. Tomorrow is very important in terms of economic news with reports of advanced GDP, Advance GDP Price Index, Durable Goods Orders, Unemployment Claims and also New Home Sales all coming out around the same time. It should be observed that the daily candle stick for today Wednesday 25th 2023...
US30 is following uptrend and is respecting 5min pull back order blocks. This is a high probable trade because if you observe the 5min, 3min and 1min chart carefully you would notice bottom wicks which indicates buy. If you happen to take this trade please do not risk more than 0.5%
As gold is continuing its uptrend and is continuously breaking uptrends upwards structure and interested in a buy. The levels I'm interested in is between 1903.875 and 1900.714. This is one of my favorite set ups because there is some liquidity labelled "$$$" as well as imbalance labelled "IMB" which price tend to fill test and fill in the unmitigated upwards area...
US30 is obviously on a strong down trend after resisting at the 34264 area due to current US economic news. The news in specifics is the US NY Empire State Manufacturing Index which came in far worse than expected at -32.90 when forecast was -8.70. I think a descending triangle is forming. Just incase us30 goes for a liquidity grab, another possible selling area...
US30 is obviously on a strong down trend after resisting at the 34264 area due to current US economic news. The news in specifics is the US NY Empire State Manufacturing Index which came in far worse than expected at -32.90 when forecast was -8.70. I think a descending triangle is forming and a good sell area would be between 33095.9 and 33214. Price may break...
SPY is currently on a downtrend on the weekly chart and is near downtrend line liquidity. It's currently in a resistance area based on the 30 min chart. In addition it seems to be rejecting from the fib retracement level (red lines). Hence I think sells are possible this coming week.
US30 is approaching an area that has some imbalance (labelled IMB) as shown on the chart followed by an area left unmitigated which is the area of interest for a sell. That area more specifically is between 34825 - 35511. Another indicator that a trend reversal is approaching is the volume bar noticeably on a down trend on the daily chart. Hence, the reason I...
This is a great sell opportunity based on SMC style of trading. Market broke structure of the uptrend and needs to test the demand zone. Another great indicator for price to retrace to the 103.620-102.620 demand area is the imbalance of the candle stick pointed "IMB," plus the liquidity area labelled "$."
US30 is approaching a liquidity zone and is approaching down trend line. Possible sell is approaching.
Based on my analysis, AUD/USD have broken the downtrend which have occurred from November 2018 to September 2019. AUD/USD have struggled to break the average low of 0.67060, prices have not been this low since 2009. After breaking the downtrend, it came back and retested around 0.68500 which gave another BUY confirmation.