XAGUSD WEALTHPOT!!!! ENTRIES BELOW POI Anticipating expansion above current range
WTI is nearing a swing high resistance, anticipating last kick then sell off
potential fear and uncertainty for wallstreet boys a VIX spike UP could advise DXY long
The DOLLAR could step up and prove its worth in the ill-fated fiat domain!!!! Emerging FX currencies could be potentially the weakest against the dollar in coming weeks.
A study of reaction of price from liquidity within/around the range
Using the fibonacci tool on the market structure break upleg does not always give an entry as price turns before the golden ratio quite often. Over a sample size, if you study the market structure break upleg/swing you notice that it occurs in three legs mostly. The retracements of the market structure break never make it to the first leg and most times the...
when the market makes a new impulse and pulls back it is said to be operating in a range. within the range we observe internal liquidity formed within the range and external liquidity resting on the tips/swing points of the impulse. as the tape winds the market prefers to make attempts on internal liquidity followed by external liquidity or vice versa and the...
grindlines/ trendlines are good momentum indicators,, when price grinds up/ down at low volumes then spikes out with a volume surge it is more likely the market is overstretched and the steeper momentum line break could signify price returning to the region where it was grinding slowly and likely get past it...
remember markets dont movein a straight line
you could simply time; -liquidity purges followed by -market structure break indicating incoming shift in MS -retracement into relevant OB / 61-78 fib -euphoric price run targeting counter liquidity AND THATS A P.A TRADING STRATEGY
Hey we know how the IPDA do us every day, dont this look familiar? Also I doubt we are about to make a new high in BTC just yet, no catalyst
i kept waiting for the triangular pattern to give a directional bias which resulted in a series of price chaser trades. i should stick to a preconceived idea from higher timeframes and i should respect my own levels and candles which almost always pan out right