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! Based on profiles from week 25 to week 27 of 2019, we've had an aggressive buying by short term traders which is very evident in week 25. In week 26, we got an excess high due to high liquidation by these day...
Had called out Gold as the asset class of the year at the start of 2019, and boy it has had a stellar run so far. Now right at the edge of a major area. a increase in risk aversion in equity markets can just help this blow right past this zone.
There is two volume accumulation on CADJPY... First one is around 82.436, where i have prepare my first short trade... Pretty good start of this down trend.. So reason is simple, Open drive with volume accmulation.. Other one is rotation arount 81.6 - 81.2 but unfortunately this is not good price level for short because it was tested before... So for that...
Right now is EURGBP in nice trend up... However the market not give to us change take long trade on near volume cluster... For that reason nice single confirmed with volume cluster is around 0.868 for long trade. Happy trading Dale
Coinfarm shows a 90/10 skew short:long ratio. Significant POC above price, with large short position into a false breakout of the flag on the left could lead to the market probing for value higher and ultimately testing to see if there is still demand above the most recent highs.New highs
Right now i wating on GPBUSD around 1.29104 for short trade. Before this strong volume cluster you can see other two volume cluster. But is not valid for my setups. More information and better explanation can you find in my youtube weekly prediction . Happy trading Dale
Today i expect close GAP because this GAP is around 22 pips big. Usually when the market open with GAP after volume accumulation, the price goes back to the volumes and there is reaction. How trade setup GAP can you read in my book... Happy trading Dale
Right now i waiting for this short from the price level 76.53. 1. Because there was nice reaction for the long in the past... 2. From this place is good to see aggressive move down... 3. This zone is confirmed by volume cluster Another short level can you see in my weekly prediction video. Happy trading Dale
Stocks are forming an open auction day, consolidating about yesterday's POC. They seem to be knocking on the upper bound of this range, indicating we may see a slow drift higher. This would make sense as the markets have been beaten down off trade fears for the past few days. Keep in mind that a headline could send us careening up or down depending on whether...
$HSI is stuck within 29900 - 29500 area. the range become smaller and we have shifted down balance after the high of Apr'19 . Today, HSI bounced at 29600, this was showing that market still "hopping" for long term bullish. But I don't see any market conviction yet on the up side. 29900 still the bracket for couple of days. we are in distribution pattern, but...
We do not have an excess top on the 9, showing possibly a lack of demand and following liquidation as simply an inventory adjustment in the auction and not new selling entering the market. Large short accumulation in this period could be due to short term technical and not long term fundamental reasons. This might possibly indicate smart money stepping in at these...
What happened on EUR/USD yesterday? Daily candle closed below LOW OF THE YEAR 2018 !! WHAT NOW? Now the EUR/USD can easily go into a sell-off. There is nothing significant standing in the way until support around 1.0600. Happy trading Dale
After long time we are on the strong resistance zone on WTI Crude OIL. 1. Trend down ( this is reason why i want only short trade ) 2. Volume cluster ( significant volume cluster within a trend ) 3. S/R zone from the past ( support has turned into resistance ) Happy trading Dale
After consolidation on AUDJPY followed nice move down with significant RED candle. So near S/R zones from the past which is so interesert point for me... This short level is confirmation with nice volume cluster. So i am ready go short on 0.7987... Happy trading Dale
Here is the mean S/R zones for this week on Crude oil. Watch reaction on the biggest volume cluster and have better confirmation for your long on Crude oil. Right now i waiting for test second volume cluster for long trade. Happy trading Dale
Finally we have activity on the market, volatility increases, that's a good signs. After several growth candles we saw sharp reactions from the resistance zone 0269-0275. It is obvious that in this area there is interest from the big seller. After the last rise, the price could not even reach this area and began to form slow downward structure. Buy: area...
Hi guys, I am selling this pair based on the Volume Profile theory (Low volume node). The RR is 2 as shown in my chart (Target + Stop Loss). The pair should fill this gap pretty fast. Trade with care. Best, Jesse
Right now i waiting for long trade on EURUSD. Because of nice buying acvivity confirmation with Volume cluster. In the picture is marked three volume cluster.. For my long trade i dont choose the last one around 1.11960. Much more better price level for long trade is volume cluster near 1.1230, because of buying activity. Other confirmation for my long trade is...