Long or short trade BTC market is ranging
If BTCUSD breaks $39,528 I’ll open longs
If BTCUSD breaks $37,132 open shorts
Risking 1% if these moves come to me to go for 3%
Structure
EURUSD: Bulls Are Here 💣The shift is here! After trapping sellers on the fake breakout bulls have entered the market.
if we can get a significant retracement we may be able to join the bulls on this run and milk some profits.
Give this chart a thumbs up if you want in!
BITCOIN - BREAK OF STRUCTURE 📉THE BTCUSD PRICE reached a daily resistance level .
the key level has broken, so i predict a bearish move📉
TARGET: 39400 🎯
if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Palladium Looks Promising for further upside
Hello everyone:
Commodes such as XPD has been pushing up steadily in the last few months, and further upside is very possible.
Here we can see the higher time frame of Palladium. After price made a sharp impulse move, it falls into a larger structure.
With a swing highs and lows, double tops, and reversal bullish price action in the lower time frames to impulse up.
Now price is forming another continuation, watch for this completion as a confirmation for more upside move to the top.
Thank you
AUDJPY Back to Top of structure, wait for reversal confirmation
Hello traders:
Still keeping an eye on AUDJPY, as price has moved up to the top of structure once again.
This time, the larger structure has evolved and create a potential double tops and smaller, lower time frame ascending channel within.
If price can reverse impulse out, follow by continuation, it can confirm more downside move from the overall move.
Thank you
NZDJPY Interesting Development, Still Eyeing the Sell
Hi everyone:
Here on NZDJPY, we are seeing some structure evolving to a bigger consolidation,
but the overall higher time frame to me can still be bearish, as long as the right price action develop.
We can after the bearish impulse phase, price begin to consolidate,
and the bigger, longer the correction gets, the more likely another impulse phase can follow.
We see the latest development has shown a potential H and S pattern, and if the right shoulder can continue down,
follow by continuation correction on the LTFs, then it can push the price lower.
Alternatively, price can move up once more to the top of the larger structure, and if there is reversal price action, can still confirm the downside move.
Thank you
GBPUSD Continue the bearish price
Hi traders:
We are also seeing GBP pairs continue to get weaken, and more downside opportunities are shaping up on GBPUSD.
From my previous GBPUSD forecast, price indeed formed a reversal correction, and a bearish impulse phase pushing the price down.
After, price has consolidated again, this is a good signs of continuation price action once the correction completes.
Watch for more downside setup to the previous lows.
Thank you
DISCLAIMER:
-My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.
GBPJPY More Downside, Watch for continuation
Hello traders:
Similar like GBPUSD, we can see more bearish price action from other GBP pairs as well.
Here on GBPJPY, from my previous forecast and analysis, price did indeed push down impulsively, broke previous lows.
After, price started to consolidate and form correctional structure.
This is always a good sign for further continuation price action, if we see more lower time frame bearish continuation .
Be on the look out for further downside, and watch the lower time frame for confirmations.
Thank you
BTC Short Once More Before Big Up Move
Hi traders:
Similar like ETH, I do see BTC is likely to make another short term down move,
to complete the bigger structure on the higher time frames, and resuming the bullish trend.
Price is currently within a consolidation after a bearish move down. ITs likely this can be a lower time frame,
bearish correction to give the price one more move down, to the previous lows on the higher time frame.
The completion of the move will create a larger, higher time frame structure that can potentially resuming the bullish up move from 2020.
So watch for the price to confirm another short term down move, and wait for bullish reversal price action on the lower time frame to continue the bullish trend and bigger picture.
thank you
ETH One More Move Down Before The Big Up MoveHello everyone:
Been looking at ETH on the higher time frame perspective, and its shaping up for some big move to the upside.
Price has been moving down since end of 2021, and it has made several impulses and corrections on the lower time frames to be able to push down the price.
Now we are getting close to previous lows, and higher time frame suggest a bigger consolidation structure is being made.
Very possible we can get the price to reverse at the bottom of the area, and resuming the bullish trend from 2020s.
Watch for price to make one more short term move down, and be on the look out for bullish reversal price action to confirm the bigger up move in the future.
Thank you
CORN Bullish Mid-Long Tern Outlook
Hello traders:
CORN has been moving up steadily since the late 2020, continue to impulse up and correct.
We now see a larger, higher time frame descending correction that has been consolidate for about 5 months
Latest development shows us a lower time frame double bottoms, and price has some LTF bullish price action.
Be on the look out for bullish continuation price action to form, and look for completion of the correction for the buys.
thank you
DX1! COMING INTO YEARLY RESISTANCE ZONESO it has been awhile since I have posted on here. But I figured this could be of some value since it has been a long time since the dollar index has come into this "danger zone" so to call. The nice thing with trading is it's only dangerous if we don't know how to approach the markets. As traders we are the ones that determine our results.
Keep an eye on the dollar index as it comes into multi-year resistance. With the future plans the FED has with continuing to raise interest rates along with a strong previous week of buyer price action, I don't necessarily believe this is coming down this week but keep an eye on for the future to what the dollar does as usually the banks, government, etc. use these levels to determine economic decisions they make.
2 options here. 1st option is that the dollar continues this recent strength up into the top of this zone around the 103 price handle. Then we would have to see what price does from there. 2nd option is that price can react once again in this zone and start a bearish run for the US dollar.
Keep an eye out and lets see how the FED rules the dollar and how the technicals play out!
Cheers!
@JosePips
BTCUSDT wants to retest 40kThe price got a rejection from 45-46k zone from the weekly resistance and created a double top on in.
At the moment the price is testing the last daily support on 38500 before the weekly one on 34k
On the 4 timeframe, the price is trying to have a bounce on that area, so we could see a retest on 40k in the next few days
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
AUDCAD Reversal Price Action, Watch for Buy
Hi everyone:
AUDCAD is currenting in the larger descending structure that have potential to have bullish reversal price action opportunity.
We can see the larger descending structure, correcting the price since the previous bearish impulse phase.
With a few swing highs and lows, price has been consolidating within.
The latest development is showing us a smaller, lower time frame descending channel, and a strong bullish impulse phase breaking to the upside.
Watch for bullish continuation correction as a confirmation to look for the next buy to the top of structure.
thank you
DISCLAIMER:
-My forecast and analysis are NOT financial advice, you should not trade and invest solely on this information.
GBPNZD top of structure, wait for bearish reversal
Hello everyone:
GBPNZD has made its move to the top of the higher time frame structure, and now there could be bearish reversal opportunities.
We can see after the initial bearish impulse phase from the higher time frame, price begin to develop into a larger channel like structure, with a few swing highs and lows.
The latest development shows us a potential double tops, and top of the higher time frame structure.
Its very possible to see price developing into a bearish reversal on the lower time frames, which can validate and confirm the higher time frame bias of the sell.
observe price to wait for bearish reversal price action, bearish impulse down, follow by continuation to confirm the reversal.
Thank you
DISCLAIMER:
-My forecast and analysis are NOT financial advice, you should not trade and invest solely on this information.
GBPAUD Bearish Development, Watch for Sell
Hello traders:
GBPAUD is currently in a bearish ascending structure that could devleop into the sell confirmation.
We can see a potential double tops, and price has been correcting within a ascending structure, moving up correctively.
What we can expect from the price is a potential bearish move, if price is to break down from the structure, and form continiation ton confirm the downside.
Alternatively, if price moves up one more time to the top, and if there is bearish reversal price action, can still look for sell setups from the top.
Thank you
DISCLAIMER:
-My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.
-I will NEVER private/direct message you to sell you anything.
EURNZD Top Of Structure, Watch For Bearish Sell
Hello traders:
EURNZD is also showing some bearish price action at the top of the current structure.
WE can see from previous impulse phase has pushed down price significantly, and has now formed into this current expanding structure.
With a double tops, and a reversal bearish impulse, price is showing us signs of bearish price action.
What we can wait for is a bearish continuation correction on the LTFs to confirm the further downside of the move.
Be patient and wait for correction to develop and complete before consider an entry.
IF price break above the highs of the double tops then it will void the sell forecast.
Thank you
DISCLAIMER:
-My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.
EURAUD Similar Sell Structure, Look for continuation down
Hello everyone:
Similar like EURNZD forecast, we can also see some bearish price action on EURAUD.
After the previous analysis from the Head and Shoulder, price did indeed pushed down impulsively.
Naturally after the impulse phase, price will begin to correct and form correction phase.
We can see with a few swing highs and lows, and a double tops has given the price enough momentum to have the bearish reversal impulse on the lower time frames.
Now that price has commit to the downside, watch for LTFs bearish continuation correction as another confirmation to look for further downside opportunities
thank you
GBPJPY Is It Shaping Up For Another Sell ?
Hello traders:
Last week we have seen some volatility in the market, and looks like due to the current global events that are happening,
we could see some strength in the safe haven currency across the market.
Of course still follow a plan to enter according to your perspective and view.
Here on GBPJPY, we can see price on the lower time frames (LTF) has correctively move up to a double tops and there is reversal price action to push down the price on Friday.
What we can be on the look out for is if price does form continuation correction, it can complete this "M" structure reversal, and confirm further downside of the price.
So lets wait and see this week on how the price can develop on Monday. If price doesn't form bearish continuation and move up, then of course no entry and no trade. Move on to other opportunities :)
Thank you
DISCLAIMER:
-My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.
NZDUSD Bearish Price Action Still Valid, Still Look For Sell
Hi traders:
Last forecast and analysis on NZDUSD, we did see the bearish push down from the price,
but similar like AUDUSD, we didn't see the price continue down more.
Instead, we see price correctively move up again in a correctively ascending channel.
Latest development we saw some reversal structure within the ascending channel.
Now we can wait for price to commit to the downside, impulse phase down,
follow by bearish continuation correction can confirm the more downside.
Thank you
AUDUSD Back To Top, Watch For Sell
Hi traders:
Last forecast on AUDUSD was able to pushed down the price to the previous lows, but didn't continue down further.
After some corrective price action, the price moved up to the top again.
We see a lower time frame double tops, and an ascending structure, looks clean for a possible bearish reversal again.
Watch for price to commit to the downside with a bearish impulse, follow by continuation before entering.
Thank you
ETHUSDT is looking for a retestThe price had a breakout from the descending channel and daily dynamic resistance after a double bottom on 2400$
On the 4h timeframe, after the breakout from the weekly resistance got a rejection from the 4h resistance and now the market wants to retest the previous resistance as new support on the 0.382 Fibonacci level in order to create a new higher low
How to approach?
The price needs to confirm the flip of the previous resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
NZDCHF Signs of Bearish Continuations
hello everyone:
NZDCHF, also have clean bearish price developing, similar like AUDCHF.
We can see a strong bearish impulse down from the price, and naturally price is developing into a correctional structure.
Now we can see a bearish flag/channel like structure, correcting the price to the top.
A potential double tops, ascending channel are nice reversals bearish price action.
Look for bearish impulse down, follow by continuation correction on the lower time frames to confirm the sells down.
higher time frame:
