The trend line broke down as I predicted and then acted as resistance multiple times before breaking down further. Played out perfectly!
LINKUSD Uptrend has broken down with bear cross on MACD and clear channel break. LTF/ 30 MIN chart,
LINK Uptrend has broken, 30 minute chart. LTF suggests pullback likely to retest previous resistance as support at previous ATH
Price could break through the first key level before pushing back up, ideally id like to see multiple wick rejections at the key level on lower time frames before entering a buy.
GBPJPY approached daily green zone and red zone (stophunts). Price than made minor zones (grey). Waiting for retest to go short.
EURJPY is now consolidating inside of daily supply (green) and stophunt zone (red). Price crated minor zones (grey) within the supply and I am waiting for a bounce off each zone until it breaks above and retests highest minor zone (grey).
gbpusd is looking bullish on ltf but bearish on htf. Looking for one more move to the upside and than wait for a short trade when price reaches resistance or stop hunt zone.
looking for short around the ltf supply zone which is inline with trendline but I use trendlines for market direction not confirmation.
looking for gj shorts around the ltf supply zone, price is creating a inverse h&s pattern which could take out ltf supply zone, if so than i will look for short from the daily supply zone.
Trapped Between massive confluence Areas, Bitcoin is expected to make a move on soon. The way I see it , Bitcoin will retest the 7350-7270 area liquidity and then will make an attempt to the highs into 8100-8200 area were it will top out or proceed for a massive run up to the 9000 area.
audjpy is approaching daily supply but found ltf demand zone as well.
Aside from the gruesome chop taking place in all the nooks and cranny of the financial world, some cryptocurrency has held its own. I believe kyber is showing a strong base here in the USD pairing and in the short term I am looking for a target near the .54 price range.
We see a Eur cad hitting support + qm area after some nice bearish move ... i expect a bounce to the upside (ltf entry for nicer RR or HTF entry for stressless trading) plan B would be a break of the zone and retest from below to get in short .. observe the candles when we hit or break area and let them tell you the story ....listen Carefully ;-)
on the 60 we have a small consolidation which we have a break to the upside and potential to go a bit higher. On the Daily we bounced off support and can predict the relief even higher to inside structure based off the daily.