X marks the Spot. For a Bullish Price Action, I expected price to close above 1.53650 to show bullish continuation. We had a failed breakout. I am now bearish. For a Bearish Price Action, I flipped my bias to Bearish after last week's close showed price tapping into liquidity at 1.55843 (previous High) and then closing back below. I expect lower prices in the...
X marks the Spot. For a Bearish Price Action, I posted last week on a Bullish setup on this pair, but we had a failed breakout on this cross as Bears drove it back down into the Range. I'm skeptic about taking a SELL as the previous candles are showing Higher lows. If we do break out of the Local Low, look for 1.58380 to scale first profit. 2nd Target at...
X marks the Spot. For a Bullish Price Action, we may experience some BUYing around 0.88300 and target the previous weekly High. For a Bearish Price Action, I expect we continue SELLing down to the 0.83260 region where we meet Weekly Demand. I expect lower prices in the coming weeks and will be looking to SELL rallies. 1st Target at 0.88311. 2nd Target at...
X marks the Spot. For a Bullish Price Action, I expect a push and close back up above the 1.32890. This is unlikely as it appears the bulls are exhausted. For a Bearish Price Action, I will be looking to open a SELL position at 1.32900. 1st Target at 1.27800 2nd Target at 1.25400 I am more Bearish on this pair in the coming weeks.
If MM have reach the liquidity pool below the last low running all those stops and forming this long wick down, why would they bring back the price to that level? They will not bring the price lower unless/until they took the liquidity above the previous local high imo
Anticipating a move up to liquidity to capture stops (stop losses of sellers and buy stops for those who have been following the obvious uptrend) before seeing a price reversal. This opportunity can be planned out as greater than 3:1 reward to risk and may be something we see across other Yen pairs due to the upcoming BOJ fundamentals. This idea however is a...
Hi Team! Welcome to today's update on Ethereum. We've seen some signficant bearish price action in the last few days once we broke the wedge that was forming above the half quarter level of 150. Price dropped to the key support area at 116-120 and although it was respected... We are now seeing similar price action forming at the 125 quarter level. If we compare...
Hi Team! Welcome to today's update on the world of Bitcoin. We have seen quite a few flags forming recently and lots of respect of the 3750 quarter level with the price action that has happened. Although I will not count out the possibility of seeing a movement up to 3860-3900 as this is the liquidity capture scenario we looked at yesterday... it is becoming...
Using ICT Concpets, it’s led me to believe EU has a potential rally down, it took out a double top, an area of Liquidity where Smart Money can sell, its retested a breaker used to mitigate orders, so now overall bias is to short EU to the double bottom, another HTF level of Liquidity, maybe EU will reach for the range Low
COPPER: After major lows were taken out finding liquidity, it opened up the gates for the bulls to charge ahead. Major bullish engulfing on the daily showcases the immense amount of bullish strength currently for Copper. Expecting Copper to at least re-test the top of the range and even break higher. At these prices Copper seems to be at quite the discount. ...
Since futures trading began in December of 2017, no gap has gone unfilled in the futures trading market. To me, this could mean one main thing - Institutional traders are in fact here, and they are winning big. They are hedging their spot positions in BTC with options to guarantee profitability. Whether or not my interpretation of this theory is true, the fact...
X marks the Spot. For a Bullish Price Action, Kiwi has more UPside potential with Targets extending to the 0.74300 region. I will be looking to enter a LONG position IF this current Support at 0.67000 holds. 1st Target at 0.69700 2nd Target at 0.70600 3rd Target at 0.74300 For a Bearish Price Action, I will be looking to open a SELL position on a break of this...
X marks the Spot. For a Bullish Price Action, I still expect more UPside this week on the Loonie with final Target at 1.38000. We may experience some BUYing around the 1.32900 region. I expect this to be short-lived. For a Bearish Price Action, I will be looking to open a SELL position at 1.38000. 1st Target at 1.27800 2nd Target at 1.25400 3rd Target at...
X marks the Spot. For a Bearish Price Action, I expect the Bears to take control at 0.90980 level. If this Supply zone doesn't hold, then a second chance may occur at 0.93000. 1st Target at 0.88450 2nd Target at 0.86160 For a Bullish Price Action, I expect a move Higher to tap into the Liquidity at 0.90980. 2nd Target at 0.93000. Watch for weakness at this...
X marks the Spot. For a Bullish Price Action, we tapped into the Liquidity at 1.00392 to fill BUY orders. I expect Higher Prices in the coming weeks. I'll be looking for BUY signals on this cross at any significant retracement. 1st Target at 1.11760. 2nd Target at 1.12900. I remain Bullish on this pair.
X marks the Spot. For a Bullish Price Action, we had a breakout of the Local High to the Upside after ranging for about 20 weeks. I expect more UPsides in th coming weeks. 1st Target at 1.77600 2nd Target at 1.84550 3rd Target at 1.92870 For a Bearish Price Action, I expect a retracement around the 1.84550 region to make room for further Bullish continuation....
After major lows were taken out finding liquidity, it opened up the gates for the bulls to charge ahead. Major bullish engulfing on the daily showcases the immense amount of bullish strength currently for Copper. Expecting Copper to at least re-test the top of the range and even break higher. At these prices Copper seems to be at quite the discount. Definitely...
X marks the Spot. For a Bullish Price Action, we had a breakout to the UPside on this pair and as such I will be looking to LONG pullbacks above 1.53770 with Stops just below the Weekly Low. Target at 1.61420 I am Bullish on this pair in the coming weeks.