Since I track LINKBTC I figured it'll be a good idea to look into ETH due to it having more volume. I did a top-down analysis but only to the H4 chart. Let's look into this Crypto pair, track it and potentially make some successful moves from it. Although I do believe the bears are going to enter the market either this week or the following, I am overall bullish....
What are your thoughts? Make sure to follow for more!
Let's see how this plays out, shall we. Stay Flexible!
I do not trade ETH/USD, but if I did these would be areas I would look to for opportunities. I'll probably do another analysis to scale further down for more opportunities.
I'm marking up the Australian Dollar/Japanese Yen from a smaller perspective for intraday opportunities for this trading week. Bias - Bullish All of what you're witnessing is transpiring within a HTF Order Block. When dealing with a huge liquidity pool you must go in knowing that price will more than likely be in the zone for a minute before actually heading out...
Let me start off by saying that Ripple looks like shit. Bias - Bearish I see some potential long opportunities in the future, but it's going to take some patience. Besides the bullish wedge, this price chart is extremely bearish to me. Let's begin! Confluence (3 or more): 1. Price is moving away from it's lowest point 2. Order Block (0.2425-0.3273) was...
A trading buddy and myself decided to come together to tackle a few currencies, this is one of them. The Euro/US Dollar used to be on my radar until I swapped it out with a currency pair that's known for being more aggressive with it's movements. I do plan on adding it back into my watch list once I'm ready to take on more swing trading opportunities. Let's...
This Chainlink crypto is in a unique spot at the moment. Bias - Bullish Price is currently hovering above multiple Order Blocks that are stacked within and on top of each other. This is a thing of patience, allowing certain things to take place before making a move to risk your capital. Price normally leave clues (ALWAYS look left), and the times you find...
This is my 1st time analyzing the US Dollar/Turkish LIra, and I must say that the currency pair's Price Action is actually beautiful since it's inception. IMO. Bias - Bullish I believe we'll see the bears enter the market in this upcoming trading week. However, I also feel it'll be short-lived due to a few reasons so let's build our Confluence. Confluence (3...
This is one of the currency pairs I analyze & trade. Publishing for personal reasons.
Let's see what happens. Bias: Bullish, but stay flexible. *NOT FINANCIAL ADVICE* P.S. I'll be publishing a lot of my ideas back to back in the coming days across multiple markets. It's honestly for me to keep track of my work along with sharpening my trading skills. So, enjoy.
Yesterday's British Pound/US Dollar analysis was done from a Weekly perspective for the... somewhat overall direction. Today we're diving in from a Intraday view from the H1. Be sure to go check out my Weekly GBPUSD analysis too! The purple horizontals represent a huge Order Block that was breached (broken on certain time frames) so what I'll be looking for in...
This is a British Pound/US Dollar update from the Weekly perspective. Price Action made it's way into new territory with these new lows. Seeing that it has now breached a HTF Order Block I'll take that as a precursor for what's to come in the near future since it take a lot of momentum to breakthrough these huge liquidity zones. I'm interested in seeing how this...
It's time for a Bitcoin update from a Daily perspective for Intraday opportunities. I'm going to approach this from a flexible standpoint so basically if I were to trade BTCUSD either way. I'll 1st say that my overall bias is bearish, even though the markets don't give a shit about anyone's personal biases, but I felt the need to share that tidbit. The first &...
I'm Bullish. I'm very bullish after a B.A.R of the $69.16 price point. We shall see.
As we start a new trading week I felt the need to update some charts from a smaller perspective to be published. I am still bearish for the overall, but of course we'll more than likely see counter trend opportunities. I wouldn't risk it for small gains when I know if I'm patient long enough the reward is far greater going with the trend. We shall see.
My last analysis was from high up on the Monthly, I wanted to zoom in to get a closer look at price. Am I Bearish or Bullish? Bearish. I believe price will continue to break down, it's only a matter of time. I also believe that it's possible for a rise in price, but now isn't the time for that so to look for longs would be very risky on the capital. These are...