Apollocreed

Apollocreed Updated 

Bounced off a daily order block and broke bearish structure on the four hour indicating a bullish momentum shift. Long off of the fib and order block confluence with a New York 9:30 AM reversal.

Apollocreed

Price has shown bullish momentum shift off of daily order block. I have two points of interests with order block Fibonacci confluences that I'm interested in taking. I will be looking to take the setup around 8:00 AM to 12:30 PM window. If setup happens any earlier or later I will not take the setup.

Apollocreed

I expect one more bullish push to the upside due to the weekly MM cycle. Aligning with SM concepts we see equal lows being presented and there might be a sweep of these lows to tags us in around possibly London session.

Apollocreed

Level three push to the upside on the MM weekly cycle. On the overall MM cycle we have one more bullish push before a unidirectional swing. From a SM perspective we have liquidity building up above the order block giving more confluence for this trade.

Apollocreed

This is a risky trade considering that price is still in an uptrend on the daily. I have some reasoning as to why price might continue to fall before it continues upwards momentum.

Apollocreed

If price closes below 78.6 on 4hr I will anticipate a further retrace to daily Fibonacci targets.

Apollocreed

Continuation of overall move. We are now adding orders until we reach overall target.

Apollocreed

Price seems like it broke the 78.6 on daily for downtrend and has 4hr uptrend momentum to keep on going higher.

Apollocreed

Price could continue to rise to 78.6 but it looks like price respected a key support and resistance on weekly to continue overall downtrend momentum.

Apollocreed

Gold broke downtrend structure on 4 hr to go along with weekly. Expecting a bigger push to the upside.

Apollocreed Updated 

78.6 on weekly was respected and now we have price breaking 4 hr downtrend and daily downtrend and going along with weekly. I'm expecting a pullback and then will go long

Apollocreed

Price broke 4hr downtrend and is now counter trending on 4hr hour to daily 61.8.

Apollocreed

78.6% on weekly was respected and 4 hr and 1 hour are both in an uptrend. Price is currently in an consolidation zone and I'm expecting it to continue higher to at least weekly 0%.

Apollocreed

This trade is an interesting one as last week the daily and the weekly were not correlating. This week though, daily broke structure for me to go into long territory. I'm expecting a bigger push to the upside as the 4hr is holding up well with a consolidation trick and a fib pattern that I recognize.

Apollocreed

I'm looking to take a long on 61.8 at 26414.9. TP will be -27 at 27339.7.

Apollocreed

Bitcoin had been consolidating for quite a while now and respecting the 78.6 and 61.8 retracement levels. Due to this fact and multiple confluences, I believe that bitcoin will rise to 11,000

Apollocreed

Price is approaching many key aspects for me. These include weekly trend line, 78.6 weekly retracement, possible lower time frame counter trend line break, and strong support and resistance. To enter on this trade I'm looking for 4hr trend line to clearly break to show signs of strength. After this, I plan on following the move on higher time frames.

Apollocreed

Last week we saw a clear break of the black daily trend line and so I'm expecting a possible retrace back to the trend line and bounce. I also have a counter trendline in which the 61.8 and the resistance 1.1150 is lining up to create a perfect short opportunity. First take profit is 1.1050 which is the -27 off the fib.