Saltpepperwhiteboard

Saltpepperwhiteboard

Higher Time Frame Analysis: On the Daily Chart of April 17th, Price swept the 4 weeks Range low and immediately after that, price breaks above 4 Hour short term high indicates this price leg down from ATH is merely a liquidity hunt. Other confluences to support this idea: 1. Commercial traders report are still holding heavy long book 2. Open interest sharply...

Saltpepperwhiteboard

Asia in a nice consolidation, anticipate a false move up during London and sharply reversal in New York today to make the low of the week

Saltpepperwhiteboard

Open Interest - Rising and Above Seasonal Average and at ATH resistant level Indicating losing bullish momentum. COT Data: 6 month - 12month Range showing commercials are net short. Price Structure: Daily Timeframe shows bullish however the daily range has been expanded from 38K with no sell stops being taken out. March Monthly Candle created new high. Entering...

Saltpepperwhiteboard Updated 

4H Level Should hold until FOMC, false move up take 4H buyside liquidity then sharply reverse to downside

Saltpepperwhiteboard

Using BTC Daily Chart for illustration purpose: Swing High - 1. Look for the most recent HIGHEST UP CLOSE candle 2. When this candle LOW violated with Down Close Candle (can be wick through) 3. The highest point between the UP CLOSE candle and the later candle that violate the UP CLOSE Candle's Low is the Short Term Swing High Swing Low - 1. Look for the most...

Saltpepperwhiteboard

Are we going to see a second round of dollar parabolic run? Bad news for all other asset classes...

Saltpepperwhiteboard

Gold quickly ran into Daily Bearish OB and react immediately. Once the 4H downclose candle violated, confirm downtrend and draw on liquidity to the daily sellside 1973.15