The world of crypto can be full of surprises, and today, we're looking at the TWT token. It recently took a steep plunge from a colossal rising wedge pattern. However, before considering a short position, it's crucial to remember that trading is not just about patterns but also about market manipulation. 📊 The Rising Wedge Pattern: Rising wedges are typically...
Trading cryptocurrencies often requires deciphering the subtle cues that the market offers. One such phenomenon is the apparent decrease in trading volume while prices continue to climb. While this may seem like weakness, it can, in fact, be a trap for shorts and a strong bullish signal. Let's dive into this intriguing market dynamic. Understanding the Volume...
This is what makes the most sense to me heading in to October... Monthly wicks respected although the monthly candle actually closed in it's lower 3rd I'm bullish on all TF's 181.60 is a valid MP, OB, TL/Retest, FVG and last weeks opening price... IF we pull back this far we will also be hitting the 0.7 fib level and I fully expect this level to...
My most popular idea by far, with over 70 comments in half as many hours, is this one, which I've revised in order to show the Trend Exhaustion details w/in the AVWAP Array on the 1D chart. Again, if you are a long term Bull, you won’t like it, and yet since I operate by the Steel Man principle, I welcome your toughest questions and chart-based...
In the ever-evolving world of cryptocurrency trading, recognizing unique opportunities is essential for success. One such opportunity that often goes underappreciated is the concept of weekly imbalance filling. In this post, we'll dive into what weekly imbalance filling means and why it's crucial, especially for assets like LINK, which hold significant growth...
I just finished a complete overhaul of my XRPUSD chart, a portion of which is on display here in order to publish my medium and long range forecasts for this most “distributive” of digital assets. If you are a long term Bull, you won’t like it, and yet since I operate by the Steel Man principle, I welcome your toughest questions and chart-based...
In this write up I will explain how we can extrapolate our knowledge of stop loss orders to understand the automatic execution of what are known as forced liquidations or stop hunts. We will understand the mechanics of how Bitcoin can achieve such speed of movement and how to predict these events by reading the charts with a unique perspective of pre-design of...
Whether you like it or not, the AI pump, even though it lasted for four months, has come to an end, because "artificial" has never been much of a compliment in the first place. Consider this: Artificial butter is called "margarine" and if you use it in pastries in France you'll go to prison Artificial milk is called "soy drink" and if you drink it then you'll...
📉 The Wyckoff Phases Recap: The Wyckoff method consists of Accumulation (smart money buying), Manipulation (price action controlled by insiders), and Distribution (smart money selling) phases. 📈 Applying Wyckoff to AMD: We can adapt this method to AMD stock. During Accumulation, savvy investors may be accumulating AMD shares quietly. Manipulation is when price...
Well well, H&S Short Position was there ready to be taken - but unfortunately Price Manipulators were also ready to defend.. First warning sign was wick reversal beyond 38.2% Fib. Second warning sign was another reversal just underneath previous wick for the Stop Hunt. Price action has since rallied above neckline, consolidating just under 23.6% Fib. In...
Bitcoin is set up to perform a two way liquidation any moment now - as it corresponds to DXY. The chart is loaded with stop orders shown respectively as buy orders in green and sell orders in red. This is how the chart engineers such moves to perform at such speed without reliance on retail traders at all - the orders are embedded in the chart itself. Think...
Price on a bullish trend is currently on our favour with liquidity. Took out asian low with a Wolfe wave as well, reacted and broke the m5 market structure giving me the confirmation I was looking for. Looking for a continuation of this bullish trend with a 1:3 risk-reward ratio. Good Luck Traders...
We are currently on a very high premium zone on EUR/USD. Formed lots of liquiidty with equal highs as well. Price liquidated higher forming a bearish engulfing candle on the H1 timeframe. Now price is closing the bearish engulfing candle imbalance and shifted market structure as well. Price above the NY opening price. Targeting a very nice zone of imbalance below....
FOREXCOM:XAUUSD TVC:DXY TVC:DXY www.tradingview.com www.tradingview.com
We have a liquidity hunt on London Open with price confirming a bullish reaction. Buy Limit set on the imbalance of the bullish engulfing candle for a potential 1 to 3 risk-reward ratio. Let's see if we get filled. If price hits target without getting us filled I'll remove the limit order
Potential trade to go short on EUR/USD, we just reacted on this orderblock that's the origin point of this strong bearish candle (imbalanced). We had a push higher on London Session (Potential fake move?) and a retest on the order block on NY Open with a bearish engulfing candle as confirmation. The retest of the zone is also the end of a Wolfe Wave pattern....
EUR/USD analysis for next week. Price currently reacted on the H4 fair value gap after a long bullsih push. We took out liquidity first on London open and then on NY open causing a market structure shift on the m15 timeframe. You can look for a potential setup to go short once price retraces and potentially fill the FVG + Imbalance on this m15 swing that caused...
Setup to go short on EUR/USD. We are currently on a new formed uptrend on the m15. Filled imbalances, taken out liquidity during Asia and we are now aiming to target at least the double top above. We just closed the H4 imbalance and the bullish engulfing candle on the 15 min gave us a nice confirmation to enter long.