chartmaster1991

chartmaster1991

Weekly outlook TVC:DXY NASDAQ:EU $gu The #DOLLAR chart does not look clear to me. Last week we had the 1W fvg as DOL and it just worked perfectly. But the way we have reacted to the 1W fvg suggests we get at least a short term rise on $dxy. Until we get a decisive close below the 1W +fvg or above the 1D -ifvg, nothing is clear. I will be patient and...

chartmaster1991

Weekly outlook Bullish on TVC:DXY : 1W +fvg, 1D +fvg, h4 +brkr Bearish on NASDAQ:EU : 1W -fvg, 1D -ob, h4 -brkr Focus is on MIL:EURO shorts since FX:EURGBP is bearish overall. Won't trade Monday. Focus is on Tuesday post #cpi, Wednesday all day and Thursday NY. #trading $forex

chartmaster1991 Updated 

Monthly outlook for forex NSE:DOLLAR is finally out of range. A little retrace lower and then going higher is what I have in mind. I don't wanna see a deep retrace into the range. This aligns with the seasonal data for NSE:DOLLAR as well. TVC:DXY NASDAQ:EU $gu

05:04

chartmaster1991 Updated 

I think we have made the bottom for bitcoin at 15-16k area and now we are in the accumulation phase of the crypto cycle. It is hard to say how long it will take, but I am more convinced towards the accumulation phase based on my analysis of the weekly chart. There are 3 major occasions during which we have tanked below weekly 21 moving average and immediately...

chartmaster1991

Current daily market structure is bullish on euro! I think we are gonna see a bit of a retrace into the OTE Fibonacci of the latest daily leg! Then the Tuesday NY session should bring about some volatility towards the upside into the market! Targets are the dol lines on the chart! Let me know what you think in the comments!

chartmaster1991 Updated 

I expect the strong bullish trend that started last week to continue! After hitting the midterm target for dollar at around 106, I expect a massive selloff! And then stocks and equities will truly fly! But let's not get ahead of ourselves yet! :) I will update this through the week! If you are interested also take a look at my euro and pound analysis for the week!

chartmaster1991

I expect the bearish euro trend to continue! This is in accordance with my bullish dollar idea! Midterm: I am bullish euro and bearish dollar! But for now this little trend needs to continue further!

chartmaster1991 Updated 

I think we have printed the high of the week on #eurousd here! Dollar has been bearish for weeks and now it is starting to see some relief! This means risk off conditions on other assets! I am looking at the the daily fair value gap as the weekly target for eu! We hit into a daily bearish fvg on euro and have seen some nice reaction! Let's see if the moved will...

chartmaster1991 Updated 

Based on my bearish dollar analysis, I think indices are going higher this week! We have a clear bullish daily trend! I have marked out the latest swing point on the daily chart! We can see a clear OTE Fibonacci retracement and a string reaction off this level! I think we see a bit of a pullback at the start of the week and then go for the highs! Similar...

chartmaster1991 Updated 

I believe dxy is gonna finally break out of this boring range and go for sell side liquidity this week! Daily swing is clearly bearish and we have retested the perfect OTE Fibonacci retracement of the latest swing leg. Just ready to go lower! I expect a bit of pullback higher into that daily volume imbalance and then tank! We can look for longs on #eurusd...

chartmaster1991 Updated 

I believe eurusd is gonna make new highs after today's fomc number release! We have a daily order block and price can sweep the liquidity into this order block before going for the previous weekly high as the first target! It is much better if we do not touch the previous weekly high before the news! Otherwise the probability of the bullish case drops in my opinion!

01:57

chartmaster1991

This is an educational post! I have tried to combine the concept of liquidity with that of supply and demand to show you one of the most efficient trade setups in financial markets! You basically have a descending trendline in 30m chart of bitcoin! Price reaches a confluence area in higher time frame analysis (let's not be concerned about that now) then it jumps...

03:25

chartmaster1991

This is a quick update on my previous Ethereum video! The price hit the zone I had mentioned in my previous video and bounced from it, I think there is a fact that no one can deny: Ethereum chart just looks more bullish than bitcoin! This is a factual statement! Ethereum dominance is more bullish than bitcoin dominance! I think 20k target is available for...

04:01

chartmaster1991

Holly molly! So bitcoin crashed from 54k all the way towards 42k in a single daily candle! This is a huge crash and over 1B positions in futures market got liquidated! I will share my thoughts on why this happened? and How we should handle this in coming months? I can summarize the video in one sentence: do not try to predict markets, rather try to react!...

01:28

chartmaster1991

Using the daily timeframe I have shown that a very interesting price pattern is being followed by Ethereum. Combining this with supply and demand theory I think the best zone to buy Ethereum is near the bottom of its daily ascending channel. This is a combination of fractal analysis and supply and demand analysis plus pure price action. In my view when different...

01:43

chartmaster1991

I decided to share with you the logic behind my btc analysis in a very short video :)) In brief: we see a falling wedge structure moving towards a very important demand zone! What logic tells us is that a reversal is most likely to happen over the demand zone! See the video for a more illustrative explanation. Personally I would take my chances on trading this...

chartmaster1991

Ok! Here is the update: I think we will see a bounce from the area shown by the yellow circle! we better not see a breakthrough of 37k at any costs! That would be invalidation of this scenario! I will personally trade this setup with a reasonable % of capital!

chartmaster1991 Updated 

Ok! In accordance to my previous #btcusd analysis we are getting a generous (oh well, technically it should have happened anyway) pullback from btc! Here is a trade that I will take! Some explanation: white fibo is for 1D time frame. The blue and yellow fibo are for 4h swings. Right on the entry point we have match of 0.382 levs for the white and yellow one!...