Swing analysis of RBLX, I am looking at about U$40
Today's Gold Cash Volume Profile levels Rejection after ADP Employment news on 2021-08-04 Expect range today. If breakout either side can find next profile area.
GC front month Future Support and Resistance Levels
Weekly SHORT to 1510 Daily SHORT to abc wave extension 1518 Hourly SHORT to 1804 ahead of 1796
Weekly Trend is DOWN, target 1520 Daily is the same 1 Hour Look for 1818 Resistance, target static profile VAH 1804.2 ahead of VAL 1796
Trend is intact and we just had a breakout of a VAH so I cannot see a short here. Much better to wait for a pullback into 120.60 for a BUY target of 125.90
Volume Profile Analysis of GC08, in Mandarin Chinese
BTC is at imbalance in price due to a furious jump from 38000 to 44000 without any serious stack in Volume Profile. Price already made 3 highs this weekend against the Upper Parallel for very possibly an Ending Diagonal. However a variation of this would be to tag a further 2T above the wedge then a huge correction back to fill the 38000-44000 volume void.
After SELLERS achieved HSI had established as a Trend for SELL, I awaited for pullback into 29244 at around 16:20pm on Feb 2nd and held this trade overnight. Market opened with a spike into my entry price then flushed down for 300 points. I took profit around 10:07am on Feb 3rd.
Looking at 33107-33111 to buy BTCUSD
Waiting for BTC to hit 33111 and reverse back up
I will not be surprised if support of 33111 get spiked in a flash and back up again
Projecting a BUY at 33111 using Swing, Pivot and Andrews Pitchfork
Early spike to 19000s level would be a large 1st wave, retracement to 3870 where Institutions took up Bitcoin seriously was re-tested and confirmed. This is where I think this current set of a larger 3rd wave started. I am only drawing the small waves within this current trend, which is a 4th wave correction that can initially test 27000 and then we have to see...