Price respected Weekly's bearish imbalance to continue lower. Still price is within the weekly's context area to which is suitable to look for entries in lower timeframes targeting weekly's swing low (POI).
Once, the Weekly POI get's tagged we might look to continue to the next POI (Point of Interest). Likely, the daily swing lows.
What's Next?
Pontetial target...
Price respected Weekly's bearish imbalance to continue lower. Still price is within the weekly's context area to which is suitable to look for entries in lower timeframes targeting weekly's swing low (POI).
Once, the Weekly POI get's tagged we might look to continue to the next POI (Point of Interest). Likely, the daily swing lows.
What's Next?
Potential target...
A quick outlook on USDCHF to determine the direction prior CPI news. Which prints quite nice.. looks BEARISH TO ME. Hence, I will be looking for my short entries along my context area.
Summary:
Hey, traders! Get ready for the coolest story in the stock market universe. Our hero, NASDAQ's price chart, is on a wild ride from the past to the future. Buckle up for the lowdown!
PAST:
🌌 Way back, the price did some funky moves in a monthly imbalance thingy (FVG). It's like searching for your phone in the dark – a bit confusing but...
As of the daily chat, in 21 November 2019 ETHUSD entered a continuous support & resistance channel at a price of $173.61. On 12 May 2021 ETHUSD reached it's first all time high at a price of $4,320.71.
Also between November and December of 2021 it reached the price greater than $4,320.71 creating new all time high $4,862.13. But these prices have created a new...
