Monthly IRL to ERL. Anticipating longs for ethereum.
EThUSD next target 2500. IRL - ERL/ Premium Pricing/ Time and Price
After hitting internal range liquidity and premium pricing, Gold has formed a 1hr bearish dealing range where we could see price targeting external range.
Price is currently dealing within 4hr IRL, so a 15m shift should see lower prices to take out the equal lows. IRL --> ERL Timeframe alignment IPDA
Now that price has completed the sell program, I'm look forward to seeing price engage in a buy program for the upcoming month.
Based IPDA, EU should be heading for the previous 3 month's high. This is confirmed by the daily shift within the last quarter.
After taking buyside liquidity, I'm expecting lower prices for Bitcoin. Trend line liquidity and daily fvg targets towards the sellside. Price has hit monthly premium pricing and filled the fvg sitting below an order block.
Waiting for pice to make a shift after moving towards IRL. Targeting ERL.
Gold seems to be in favor of the upside due to weekly imbalance fill (IRL), now the potential target is weekly and daily buyside liquidity.
Potential short on USDCAD targeting sellside liquidity. Price balanced the daily fvg and displaced towards the downside. Pending a 1h shift, we should see a sellside draw on liquidity. Note: this is NOT a signal, and merely an outlook.
Gold has retraced to premium array and has started 1h Bearish Orderflow. Likely target, previous low and discount of the overall range.
Price has taken premium liquidity and is now showing a willingness to displace to the downside for discounted pricing
Price took buyside liquidity on the weekly and gave a LTF structure shift. Targeting the discount array of the current range.
Price took weekly buyside, leaving a sellside imbalance which it is likely to fill.
Weekly sellside target after taking buyside liquidity and leaving behind protected highs
Price has taken Daily buyside liquidity and balanced an FVG, so opposing liquidity should now be the target which is previous week's low and the daily Bullish fvg. 1hr & 4hr timeframes are both showing an SMT between Gold and silver. Gold has swept its high, while Silver shows a failure swing. Both are giving an indication that price wants to go lower.
Monthly swept sellside liquidity and gave a 4h shift, so potential target is this month's high.
Confirmation 1. Price respects discount array/OTE 2. Sweeps sellside liquidity (early buyers) 3. Gives a 1h shift 4. After the 1hr shift, return to PD array/ OTE 5. 5m MMXM model for entry