1/4 Hour ETHUSD trend analysis
- ETH might be going through its correction (whale want dip at lower price)
- Minor drop to 1 Hour Demand Zone, may short if LPSY formed
- Or wait for price hits 1 Hour Demand Zone and Long
- Take profit when it hits 1Hour Supply Zone ( could wait for signs showing Supply Zone mitigation played out, or else, partial it and see if it will push up higher) It might pump to new high if Supply Zone mitigation failed
OR
- If Supply Zone has been mitigated, signs shows price drop (based on structure, wyckoff and more price action confluences), Short it
- Take profit at Long Wick, whale might want to push it to the previous long wick and close their previous short order
- If price action shows long confluences, long it and take profit at new supply zone
- If it mitigates the supply zone and drop, short it and take profit at 4 Hour Demand Zone or it might pump to new high
- Once the price hits the 4 Hour Major Demand Zone, wait for price action confluences shows whale is ready to pump up after psuhing price up and down to clear liquidity, collect orders, dip at lower price
-the 4 Hour Major Demand Zone is crucial point for the pump up
- ETH might be going through its correction (whale want dip at lower price)
- Minor drop to 1 Hour Demand Zone, may short if LPSY formed
- Or wait for price hits 1 Hour Demand Zone and Long
- Take profit when it hits 1Hour Supply Zone ( could wait for signs showing Supply Zone mitigation played out, or else, partial it and see if it will push up higher) It might pump to new high if Supply Zone mitigation failed
OR
- If Supply Zone has been mitigated, signs shows price drop (based on structure, wyckoff and more price action confluences), Short it
- Take profit at Long Wick, whale might want to push it to the previous long wick and close their previous short order
- If price action shows long confluences, long it and take profit at new supply zone
- If it mitigates the supply zone and drop, short it and take profit at 4 Hour Demand Zone or it might pump to new high
- Once the price hits the 4 Hour Major Demand Zone, wait for price action confluences shows whale is ready to pump up after psuhing price up and down to clear liquidity, collect orders, dip at lower price
-the 4 Hour Major Demand Zone is crucial point for the pump up
Comment:
There are quite a few demand zone and imbalance have not been mitigated, have to beware of signs showing U-TURN huge correction to mitigate those zone, and dip lower, pump to next high
Comment:
Huge drop could possibly happened too
- the 1 H demand zone is crucial now, if it played out and break the 4 Hour Supply, that could possibly signs for next pump, if not, 4 Demand Zone will be the cruicial pump up point
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- the 1 H demand zone is crucial now, if it played out and break the 4 Hour Supply, that could possibly signs for next pump, if not, 4 Demand Zone will be the cruicial pump up point
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Comment:
LPSY did not played out and price staright away push to demand zone
- wait for price action sign (wyckoff, structure and more) to long
- price could possibly goes down (mitigate previous unmitigate supply demand zone, imbalance)
-always wait for signs and confluences for short and long
- wait for price action sign (wyckoff, structure and more) to long
- price could possibly goes down (mitigate previous unmitigate supply demand zone, imbalance)
-always wait for signs and confluences for short and long
Comment:
The price seems not holding the 1 Hour Demand
- will wait for signs for further push down
- or it could be just stop pump/ fake break of demand to outsmart retail
- if wyckoff distribution form at lower time frame, it will be a further break down to wick mitigation point
- if wyckoff accumulation form at lower time frame, it will be demand mitigation, and push back up to supply zone
- will wait for signs for further push down
- or it could be just stop pump/ fake break of demand to outsmart retail
- if wyckoff distribution form at lower time frame, it will be a further break down to wick mitigation point
- if wyckoff accumulation form at lower time frame, it will be demand mitigation, and push back up to supply zone
Comment:
*always wait for whale signs to enter any trade
*trade price action and follow the big whale
*price action shows signs and footprint of whale
*understand bias will change and previos prediction might not played out
*change bias quickly and have a clear mind analyse chart matters
* do not ever FOMO
*trade price action and follow the big whale
*price action shows signs and footprint of whale
*understand bias will change and previos prediction might not played out
*change bias quickly and have a clear mind analyse chart matters
* do not ever FOMO