Dear Traders and Hopeaholics alike,
I want you to look at this chart and get excited... not because you like BSV... I don't care if you do or don't, the reason you are excited is that BSV is about to gain HUGE percentages... When BSV runs... it RUNS!!!
BSV IS SHOUTING IT FROM THE ROOFTOPS HAVING FORMED A MEGAPHONE PATTERN
also known as a Broadening...
From my previous post on the 4H, I believe price will continue higher. From the Hour we can see the zones where Smart Money will takeout stops and limits building their positions. I believe they still need to close the sell push at breakeven or at a small loss at my Buy zone and buy again in that zone to give price a final push past the consolidation zone. Let see...
The Wyckoff Smart Money Schamtic has played out on the 4 hour time frame throughout last week. And in the C stage of the Schematic, it is once again playing out in the 1 hour time from. The Upthrust after distribution has now turned into the new Buyers Climax. And you now have more new tests of lows and highs within a range with a new Upthrust on the 1 hour...
Very early in the trading range in a Wyckoff cause phase. However there is a very large institutional candle where positions could be unloaded at the beginning of that candle, selling off to the bottom of the trading range between 150 and 200 pips. The Institutional candle didn't break the Buyers Climax high so I don't expect the next phase to break the...
We are looking to short USD we have to entries if we get stopped out of break even on our first entry
but we are at premium levels and believe the greatest gains will be in shorting this pair
if we can get some bullish momentum on the DXY
After a huge markup and distribution phase, now this stock gives good buying rally.
There is no sign of the seller will take over yet the market.
Buying opportunities still there until there is sign of exhaustion where buyers not interested to get the price higher.
I will not be placing a limit order, I have my alert set up and when it comes to my area I will go to the 5m or 15m time frame for price action for a better ROI
Smart money took out the equal lows and captured a tonne of liquidity from retail traders on 26/5 which led to
a strong bearish move down, the target ? was to mitigate orders thatchy were in drawdown in from old contracts, after mitigating and filling in the imbalance of price action created on 9/3/2020, Smart money then commenced instigated reversal (as...
As we scale into a lower time frame.... We are looking for EURUSD to reverse trends possibly heading to a long term buy
at the the key levels. (we have indicated)
Price action has not been the best these last two weeks
but we will see what our analysis brings. we remain flexible and when the
markets start by Monday LONDON session we will have a definite bias...
Based on a higher time frame, EURGBP is starting to show signs of bearish trend.
Wyckoff forming distribution which has not formed a UTAD yet. Therefore, based on a 1 min entry, trade is available for a hedge.
If price fails to break and close above this key level
we will see further movement to the downside on this
pair! as for now our bias is short!
There are double tops
for a target that has us a bit neutral
lets see what time and price will bring
