Last weeks high: $27490.1 Last weeks low: $26897.7 Midpoint: $26305.4 Despite several big news events relating to the FED funds rate, CPI & PPI, we saw a much tighter range last week than the week previously. We're already trading lower than last weeks low and confirmed as resistance with a bearish retest. It is interesting that the news events that used to...
Last weeks high: $26894.1 Last weeks low: $25873.8 Midpoint: $24853.5 After CPI and PPI news events that took place last week, we can see a clear uptrend after a deviation below the midpoint, then a reclaim and a move up higher. This week we have FOMC and the interest rate decision. The forecast is for the interest rate to remain the same at 5.50%. This decision...
Last weeks high: $26451.2 Last weeks low: $25896.7 Midpoint: $25342.2 For the previous few weeks we have seen a very similar price action pattern. Hugging the midpoint of the previous week with a midweek swing t create the high and low. This week could continue the pattern. However, I think the Solana FTX fears could have an effect on Bitcoin, when usually it's...
Last weeks high: $28152.7 Last weeks low: $26737.6 Midpoint: $25322.5 When compared to last weeks outlook, we had what basically looked like a heartbeat monitor in price action. A flatline with a big pulse in the middle of the week from the midpoint then to weekly low, then high then straight back to the midpoint. Now when looking at the previous weeks price...
Last weeks high: $26824.0 Last weeks low: $26045.0 Midpoint: $25266.0 The weekly outlook starts on Tuesday this week due to the bank holiday. Despite a strong decline 2 weeks ago price has stabilised into a much tighter spread, almost like a sinewave across the midpoint. Because of this for me personally there is no clear near term direction, however the...
Last weeks high: $29678.9 Last weeks low: $26943.6 Midpoint: $24208.4 August so far has been living up to it's history of being a red month. Last week we saw price fall ~18.45% from weekly high to low, filling in the fair value gaps from the previous HTF rally and printing a new 1W lower high for the first time this year. Now that the FVG has been filled and a...
Last weeks high: $30039.5 Last weeks low: $29299.0 Midpoint: $28558.5 Historically, August has not been a very bullish month for bitcoin and crypto as a whole. Other than 2013, 2017 & 2021 (Bull market years) August has had negative ROI. The pattern shows that since 2013, every 4 years bitcoin has a positive monthly return coinciding with a bull market rally....
Last weeks high: $30087.3 Last weeks low: $29469.7 Midpoint: $28852.2 Not a great deal to talk about this week as the plan is very much the same as the last few previous weeks. Bitcoin has a clear resistance at 29.5k since losing that level early last week it's struggled to regain it, it's very difficult to get bullish until that level is reclaimed. No trade...
Last weeks high: $30408.4 Last weeks low: $29885.7 Midpoint: $29363.0 For the first time in 4 weeks BTC has begun the week below 30K. The last time that happened price was at the ~26.5k but had a bullish momentum behind it. This time is different, the SEC Vs Ripple case (despite its positive outcome) has completely given up its gains and returned to the lower...
Last weeks high: $ 31843.6 Last weeks low: $30858.7 Midpoint: $29873.8 Post CPI week and BTC finds itself back within the same local range despite some very positive news coming from the SEC VS Ripple case. Alts rallied upon the news but BTC was capped at 31.8K, still short of the 32.5k target. I do believe that was bitcoins best chance to break above the...
Last weeks high: $31443.0 Last weeks low: $28847.4 Midpoint: $26251.8 BTC experienced a massive week of price action last week with nearly non stop climbing up to a high of nearly 31.5K. The all important 32K is still yet to be tagged this year however we have made new yearly highs with acceptance above 30K The news of a Bitcoin ETF cancelled out the SEC &...
Weekly Timeframe - DXY tapped the Weekly Fair Value Gap & 0.5 Level of the whole move. - As Per 37 Year Seasonality chart, DXY will go to tap May Highs & Weekly Liquidity Upside. Daily Timeframe : - On Daily time frame withing the Weekly FVG, we get a Daily Orderblock. - This orderblock is acting as a support and price is giving a good reaction from the...
*SMC = Smart Money Concept. See related Ideas* It's showing willingness to go to buy side on a Tuesday meaning this could make the high for the week. I put the entry as now, put the take profit near the current high could be below, and the stop loss at the xurrent low minus the average true range and you'll get 1.88. I believe this should result in a winning trade...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
Thanks for sending your pairs and taking part in this profile's life :) Here's the weekly outlook 📉 Text marks: 🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL. 🔹 ph, pl = protected high or low, which holds current structural impulse. 🔹 bos =...
☝️Disclaimer: ALL ideas here are for EDUCATIONAL and MARKETING purposes only, not a financial advice, NOT A SIGNAL. I share my view on the market and search for like-minded traders. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as trading in a simulated environment. 👉I believe that "right or wrong" mentality is a fundamental...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...