Here is my Bonus level from my mebres section for intraday trading. After nice move up is in the move significant Volume cluster, where is accumulated lot of orders. I hope, that when the market will make pullback to this area, strong buyers will be defend their long position and push the marked up. Daily uptrend H4 uptrend H1 uptrend M30 uptrend This is...
$Gold keep Falling at 4 days high value area, today, Gold need to take and break those high, if not, likely we will see Gold down to below 1460 as i mentioned before. Today is Wednesday, I like to see serious tail either bullish or bearish between today or tomorrow - Thursday.
$GBPUSD can be forming an aggressive accumulation. if $DXY continue for bearish move, it will help the Cable to turn higher quickly . 1.2200 still my key level, if this turn to be LPS , then Cable still consider forming an aggressive accumulation.
I expect $EURUSD to break the high of 3 days balance, which is 1.100. We have weekly spring (excess low), and if this scenario work together, we may see 1.110 area. Above are my benchmark for bullish scenario. If those are not achieved, I expect the monthly bar will still be bearish.
$XAUUSD is held at 1489-1490 area since late US Session. Yesterday daily bar broke 2 days balance, and I was expecting the price will reach extreme low @ 1470-60 area or even more deeper @ 1440-00. But if 1490 is held , and trade above it , I will consider the daily formation is re-accumulation, and we may see the break of 1550s.
Just like $SPX500, $DAX have strong short covering become an excess or spring , bar 1, and new buyer (bar 2) activity after the short covering. a healthy accumulation.
$SPX500 , $SPY shows a good and healthy bullish reversal, bar 1 is a spring and long excess, and considered as strong short covering. bar 2 is new buying activity after short covering, I like to consider a bullish setup on the following day.
$DXY made an excess high (circled), and this indicate the chart is about to turning down. Ideally DXY will turn down to 98.50 area. if it's so the formation will be a changing its behaviour (COB). But I don't see and an aggressive selling on the following day (today), will it surprise us to the upside ? Excess high or Upthrust shall initiate a down move, if not it...
$USDJPY is potential for making an excess low (spring) at daily structure. if there is a new buyer, this will bring USDJPY to the 109 level which I consider as an axis line, which mean 108.45 resistant zone is expected to be broken. This resistant I consider as a poor high. This Bullish bias will not be easy, because we need $DXY , the US dollar index to go higher...
I am long on $EURUSD as I am bearish on $DXY. I still need to see DXY to turn lower even though it made an excess high. An absence of aggressive selling make me more caution on my bearish bias for DXY.
I start long for $AUDUSD as I have bearish bias on $DXY , but i must take a note that Ausie has no strong excess low (Spring), at higher TF, I must monitoring the position more closely. I can say that AUDUSD have a poor low which may be revisited and penetrated. I also like to see REMX to make bullish reversal for me to keep long on AUDUSD.
I have bearish bias on $DXY for the moment, and I need $REMX to make bullish reversal, for me to build several long positions on $AUDUSD.
Gold 1490 is an important key level , here, is the price. trade above it, it will form re-accumulation on daily chart. but if now, Gold may drop to 1440-1400 area. Today , we will see the decision for gold auction price. Lets play with dinapoli level. The level, 1490 is a cluster fibs, or a fibs note. and aslo a COP from bottom, on 30 mins chart. last see if...
Here is the most significant Volume cluster from the last week. I expect on both of them short reaction. Short_1 level is the strongest level from the week, after consolidation followed move down around 30 pips. The last week was ended so bad for AUDUSD ... The week candle is closed at the bottom. What mean the market is in short trend. For that reason i want...
Perfect level for short is around strong volume cluster about price 1.3321. There is nice to see strong sellers activity, where the market move down around 100 pips in very short time. Around price 1.32222 can you see fight right now. Because this is the secound biggest volume cluster during move down. For me is tested before, almost 3-4 times before... Better...
Buy (Long) SL Redline TP open ---> follow price action moves
There is High Level of Uncertainty Right Now This analysis was developed using marketprofile to sort data. What happened in previous five week: Week 25: aggressive buying triggered by late majority entrance into the market. Week 26: Late majority together with Laggards pushed the price to an excess high at the major resistance around $14000. The exact...
Bitcoin is just correcting its very long inventory. No need to worry for longer-term holders! It is just substituting weak-hand longs for stronger ones! This analysis was developed using #marketprofile to sort data. What happened in previous four week: Week 25: aggressive buying triggered by late majority entrance into the market. Week 26: Late majority...