GBPCHF has hit a Supply zone at the 1.28000 level, if price respects this level we expect sellers to push price back to the demand zone between 1.27500 and 1.25500. As of 12am New York Time (11pm central) price is currently consolidating below the supply zone. It found support at 1.27500 which started the ranging of price. -Entry Criteria Price Leaves Supply...
EURUSD has been making corrective structure since the Sellers Climax(SC), with the touch of 1.17750 (confirmation zone of LQP) and liquidity push to the upside, we can confirm that was the last touch. it will push higher up into the 1.1920 area before coming down to correct the structure to once more pushing higher. 1.17750 is end of Larger second wave of Elliot...
Predicting poor news for June US Non-Farm Payroll. Predicting a below forecast report, causing dollar weakness. Additionally, weekly FED balance sheet showing continued growth in US money supply. EUR/USD pair is trading near a key whole number price point. of 1.21. Expecting bullish momentum post-report. Watch for stop hunt then big move in reversal.
I created an indicator that lets you divide prices into equal segments (rainbow script). This allows me to apply quarters theory (made popular in forex trading) to smaller timeframes on BTC. Quarters theory is the idea that price action hovers around the quarters between whole numbers... 10, 12.5, 15, 17.5, 20.... I've divided 30,000 to 50,000 into quarters...
Looking at dollar weakness at the end of this week. This will bring EUR USD above the 1.22 price point.
In this comparison between the #NASDAQ $NAS100 and $TSLA we could see some Bearish Momentum in the months ahead. Look for Signs of Distribution P.S. Let me know what markets you like to look at!
OANDA:USDJPY 108.25-PZQTHRY-hesitation up ( look out for potential reversal signs) 110- whole number (new 1000 pip range) 110.75- PZQTHRY-hesitation up (target)
Hello everyone! I hope everyone is having a good trading week so far, I'm posting this on Thursday so this is most likely going to happen next week. My analysis is that GJ will poke its head above 150.000 and retest the 78.6 extension before continuing lower to 148.000. This would also be retesting the consolidation it previously broke but didn't not retest....
Potential opportunity to go short on the pair should the market reject the trendline
So.. PLANS CHANGED! Took some time to see on the sidelines how price would decide to play. Seems like we've been trending bullish with strong inst. order flow, so as of right now and the way the higher TFs are looking -Daily shows great strength, as well as a BOS; this could be the impulse to begin our bullish move, after many days of bearishness (for the...
I'm personally hoping to see, with DXY giving a potential for a short term sell-to-buy, that GU can go as far enough to take out those LR wicks, creating a UTA -as price wicked the whole body of the previous UT, one could say it broke PRICE structure, but since it didn't wick ABOVE the wicks which formed the UT, I'm waiting to see if price will cover that UT; as...
I have been bullish on Tesla (TSLA) Stock since summer 2020. I have predicted many moves for Tesla (TSLA) before the inclusion of S&P. My bias is a continuation of bullish momentum, right now we are at a consolidation level which we could continue to break out to the upside or a possible retracement to the 800.00 level which lines up with a 50% retracement...
The market is currently in a down trend. Recently created lower highs and lower lows. Coming down off a head and shoulders on a large scale. Pulling back to a Large Quarter Point as well. Very "magnetic" ;)))))))))