BITCOIN UPDATEWe have been holding short on BTC using 15x leverage since market rejected the 4H supply zone - we just closed 50% of our position and secured +45% partial profits✅ SL is now moved to breakeven and we will continue to hold the remainder.
We can identify now that there is an area of liquidity above these identified highs, the market has also bounced from the daily demand zone and continues to consolidate in this bullish wedge, my BEARISH bias remains the same but what i am expecting here is the market to make this final induction move to the upside - this push will do two important things, 1, it will stop hunt the traders who have already opened shorts there stops will be above the descending trendline. Once this liquidity is removed this will then induce BULLS into opening long positions on the potential "wedge breakout" which means the market maker will then have enough liquidity below to make the intended move to the downside.
Manipulation
BTC Daily, The Next Plan of Attack!BTC Daily looking really good, We put in a new high and filled in the imbalance on the 1h/4h chart. So I am expecting BTC to make another small move higher before retracing back to an old low, clearing out some Stop Losses and then moving higher. There is a strong area of buyside liquidity above the equal highs as shown in chart, so that is too good of an opportunity for the MM's to miss.
The daily Imbalance needs filling too, so I think there is a high chance we have another leg up before a retracement.
But... be aware that we may not get the retracment and we could continue to push through and attack all the old highs heading up to 69k. There is very nice daily trading volume which is a solid indication of the demand to buy and sell BTC. These are all healthy signs to me along side the healthy move higher we just had before the Imbalance occured.
I think that's enough said.
Bullish? HmmUsing Fibonacci, ostensibly there's 2 competing patterns. Looking at the recent price action of the past BTC price action taking a significant move downward will happen between $43.2 and $46.9K
Depending on the legitimacy that price is increasing from positive speculation / prior accumulation price could increase much higher. *However recent experience that price is continually push higher in an artificial manner per-
Miner cartels/ Market Makers and exchanges/ that is primed to sell into the marginal increasing volume of new buyers...
Bitcoin Billish? or Markup ManipulationI see competing patterns, per uptrend reversal - I see a the most plausible turn in price action downward around $46.9, however price could move much higher based upon how legitimate it is that price is moving upward - the stark possibility price is being marked up via Miner cartel /market-maker/ institutional pump and dump..
gbpjpy trading plangbpjpy has successfully completed the fake out set up so it will move up but above there is already an h4 resistance with supply still being touched once, this can create an opportunity to counter the trend so you will get a decent profit
the small supply area at 157.6 - 157.7 will be the best sell entry area for me, but remember to see if there is confirmation or not
$NVDA - Seasonal Tendencies burning out - March will be The TimeI'm not one to pick what stocks are going to do, But knowing that Smart Money will work on every Market, I believe this is the best-case scenario. Price seemed to have hit a low around 208., then make a short term high near 240, and them come right back down before it moved higher than that 240 high breaking market structure. And it has not created a lower low. This tells me that we should be on a pivot in price that should start taking us to higher prices. Yes, we'll still get pullbacks, but I don't believe we're going to be getting lower.
In Smart Money, there is basically 3 stages to the market cycle. 1. Manipulation (to scare you into selling) 2. Consolidation (To Keep you guessing if the market will ever come back so you sell more) 3. Distribution. (Now that retail; was dumb to sell all of their assets, the deep pockets have bought everything up cheap. I believe we were going through manipulation at mid-November early December - and I believe the consolidation is beginning to where we may see the price maybe a run and come down, run come down, run come down, you get the point. Look at this chart for example.
This is primarily a long consolidation period on NVDA betweeen August 2020 and July 2021. So I know it may seem discouraging right now with the Nasdaq stocks not doing too well. I saw hang tight, this happens. We've been through worse. If anything it's a good time to learn how to scalp Crypto and Forex.
Also if we hit the erntry I have marked three take profit areas, because you always want o take home something for every trade because it could turn against you.l
Good Luck and Good Trading.
NASDAQ:NVDA
BCBA:NVDA
NVDA
MOEX:NVDA-RM
MIL:NVDA
SIX:NVDA
BTC worst case scenario forecastThis situation is very likely to play out on BTCUSDT pair. Looking at this doom triangle and all the uncertainty in the market this is most likely going to result in a crash after breakout.
Some hope for holders: This setup is so clear and logical and I see alot of people post about it, now look at it from the perspective of the composite man/market maker. How will he make the most money? By doing exactly the opposite. Give the traders a triangle breakout to the downside so they load some more short positions. At the same time market maker will be filling long positions ready to crush all retail traders. Give them a false breakout and then rally towards all time high. This whole situation can be seen as an accumulation phase.
EUR/NZD - Buy Setup FormingEUR/NZD has had a pretty significant drop recently on the larger time frames, dropping over 1,700 pips from 1.73600. It created equal highs before dropping and has had a recent bounce from the 1.56500 level. Which is an important level because if you were to go to the weekly timeframe, you can see how that bounce appeared to just be price mitigating from a previous candle at that level.
As price has started going up on the smaller timeframes, it started making HH's and HL's, and now a pool of liquidity has been created on both sides. I have also used the fibonacci tool to mark the area of the beginning of that last major HL to the HH, and the candle of interest marks up perfectly with the 0.88 level, this is the ideal entry area.
The expectation is for price to come down to take the equal lows and trigger the entry candle, before making its way up. And the aim is to ride price into the area of equal highs at the 1.62200 at least.
If the Euro continues with this bullish trajectory, we could possibly even see price head up into the area of equal highs on the bigger timeframes, leading to a potential 1,500+ pip move. But the likelihood of that happening within this same trade setup without hitting stop loss first is quite slim.
BTC TestimonyWell if you followed my last trade and you didn't get stopped out or you re entered the trade after the stop, then that's like a 135% on a 10x leverage. Congrats to those who took it.
I got stopped out too though. Just few pips away from the reversal.. We go again..
135% today... Let's work towards a 3000%
Eur/Usd looking bearish despite..Despite inflation the Dxy looking bullish againts the Euro, I dont do fundamentals because the charts speak.
enough of that. But we have a basic trendline being respected on the weekly from the previous highs down to where we are currently,
we zoomed in as you can see down to the 4hr and we have a false break out of the Trend, 2 false break outs from the Trend but both came back into the current
with volume as I have it marked up. so, I am basing it off an elliot wave just for speculation( I didnt mark it) but i see wave 1,2,3, & we are currently on wave 4, expecting an extension for wave 5 so i am taking wave 1 and projecting it as wave 5. That is all. comment, like, follow.
Peace.
Beast loading upBullish View!
Three 4 hour and twelve 1 hour attempts to break out into box below (top $91) have failed so far. In other words this support has held
90.7, 90.8 and 90.9 are the lowest levels any candle ventured on Monday. Pretty flat day in most time frames but what the day did allow was
three 140 -150 pip shorts(From 01:00 UTC Asian), a 100 pip short and 70 pipper and one 150 pip long too.
The fact that Long target 93.4 was not achieved on Friday 040222 had us a little off target where sniper shorts are concerned but 94.0 Sell stops
had to do the business.
The original plan was to hold everything from 93 for as long as possible and see if we could get a $20 (2000 pip) drop but this 4 Hour box and the amount of Blues in 4 hour timeframe has had us close 50% of 93 shorts at 90.9. The rest will have SL at 92.4 (+60pip) The reason for this is that if price is going to continue up, it will need to break past this zone or print some more Blue on the way to this zone. There is a Red Vector Candle that was printed yesterday on the way down.
It is there for one of 2 reasons. Either to get Mostly/fully recovered today & tomorrow and set up a further drop and it is the initiation of a strong move away from this zone to the downside. OR, we will see Blue recover it and continue rallying up to 96-97 range.
Whichever one it is, we should see go up today.
The fact that 5 shorts after making a new high, we are still in the same 4 hour box that we were in when we made that new high is making the case still Bullish in the 4 hour time frame at least.
Other reasons for remaining Bullish are as follows:
-Daily RSI Still embedded
-Some Blue Vector candles at the base of drops in the 15 and 30 min TF (not strong confirmation but signals nonetheless)
-Commodities Pump going on
-More Red Vectors above (next one 93.4)
BEARISH VIEW
IF (91) IS BROKEN TO THE DOWN SIDE WITH STRONG 4 HR CLOSE IN BOX BELOW THEN THIS IS SHORT AGAIN
This thing can drop any time as it has rallied over $11 from the low of 240122. It has however done around a $2.30 drop since the top and then held a whole day more or less at a support that it formed on the day pretty much (91) this is however the top of one of our 4 hour boxes and was the place that decided whether to hold longs from 86.8 Thursday 030222 London session on Friday 040222.
When the 08:00 UTC 040222 candle closed above 90, that was the cue to stay in the longs and aim for the top of the next box. (93.4) As we know 93.4 never came in the end but 93.17 did and the short from that range has been great so far but whether this is the $20 freefall, it doesn't look that way just yet.
What do we need to see to be fully Bearish again?
-Box below needs to be broken into and have a 4 hour close there. On the 240122, there were four 1 hour candle closes in the box below (not one 4 hour close there) -one of them taking out a Green Vector candle from 140122 and price took off from there to where we are now.
(Why is it so memorable? Because we were waiting for the 81.77 Green Vector to be grabbed and used for liquidity to go up and we had buy limits there. This never happened and we had to manually enter at 81.88.)
-Daily needs to lose its embedded on the RSI
-More Bearish Confluence
-Gigantic top Red candle (Vector or no Vector) - Looking out for manipulation up before NY or Equity to use that volume to try and break box below.
If it does mange to break down the first places we are looking at are as follows:
89.9, 89.4 and 88.6 as places it can take off from again as these are the most recent Green Vector points of contact and full recoveries.
Good Luck Guys!
This is not financial advice and should be taken with a pinch of salt
How Gold Liquidates people!Believe it or not, all of this actually happened.
The Vector candle system probably works best on Gold and US30 but for some reason we still stay adamant at being Oil traders.
The main reason most people stop trading Gold is because they been stung on it a bunch of times. Well we are not going to lie and say that was not us too.
The numerous references to 1680 and 1700 should give away the fact that there was some good pennies lost on that rogue wick to the downside (08082021) when it looked like Gold had found a floor.
Since then we have enacted revenge a few times on our big shorts on the following dates:
151121 - 1000 pips
030122 - 300 pips
050122 - 650 pips
250122 - 700 pips
This definitely made up all the pain.
Now what are we talking about now? We are talking about using the 1 hour timeframe to exploit higher timeframe ranging at key economic times.
Every time FOMC/Unemployment claims/FED announcements happen, Gold behaves crazy. Now sometimes you have news that is supposed to affect price a certain way and it does the opposite.
On the 28th Jan we started looking at Gold potentially starting a drive up to collect some of the Red Vector candles it printed on the way down from the "reaching"
idea.
So on 030222 There is Good news for the dollar on unemployment claims. Good for Dollar so Gold price should go down. Oh it did, but then its going up thereafter.
on 040222 there is very good news for the dollar 4X the forecast so price should go down yeah? Oh it did but guess what, it went up again after.
Now the typical everyday trader would just out it down to price being crazy. But when you have the help of Vector candles, you can look at a chart, see what news is coming and start to set your buy/sell limits. Just imagine going long at the top of those Green Vectors and short at the bottom of those Red Vectors. This is the life of many Gold traders at the moment.
The Idea titled, "Waiting for New York" spoke of looking for long scalps at 1790. What has happened in between that and after, you cannot make up.
Now the scalp from today is almost at target (but may have to be closed early) but any longer distance one's hopes of survival are questionable as we are starting to close in the box above.
But as we saw in the reaching idea, Gold doesn't have to follow the rules. But as long as you are ready for every eventuality you will be ok.
The main thing is, knowing where the Vector candles are and trading on days when you can see a chance of them being recovered.
The Green Vector it used to move away from the 1790 area will definitely be visited again at some point soon but we need to see how many of the Red Vectors above price will recover before dropping again.
Good luck guys!
This is not financial advice and should be taken with a pinch of salt!
AUDUSD UPDATEAUDUSD on HTF is in a strong bearish trend, what we can see on LTF is the market provided us with a nice correction, this correction is currently testing the 0.618 fib and showing signs of rejection. What i would like to see first is the liquidity removed above the highs, this will also induce bulls into the market. This is when we will be dropping down to LTF with students to look at potential shorting confirmations.
Boxes and the BeastPOSSIBLE RETRACEMENT IMMINENT - CAN REVERSE ANYTIME
The Beast has been adhering to the boxes pretty well and after the literal wrestle with 88.37 (top of last significant box) price has been able to recover yet another of 2014's Red Vector Candles, give a nice drop and a beautiful long from the base of the move.
Although this is a 4HR analysis, in the hourly - for those who also use EMA lines - There was Blue candles starting to appear. The fact that there was a Blue Vector Candle recovered by a red one in the 4hr timeframe, we were already long, Then had to endure games to the 50 EMA on the 4HR timeframe. Open to the idea that it could go down to 86.07 where a Green Vector candle from 260122 is in the hourly. Well it didn't and we had to settle for the 50 EMA. (86.85) After enjoying a $2 (200) short it was only right that Oil did a U turn and started to proceed on its journey up.
There are more Vector candles are here as labelled in the chart. It is here now, why not just grab them. Well as we saw in the breaking of the last box, oil can drop 5-7% and still go up so longs up here are definitely a dangerous game but if your holding from below then good stuff.
The best prices we have are 86.85.
Well with the Asian session we have just woken into our 90.7 target we spoke of yesterday in the Oil chat has been hit even before London session. This is insane and the fact that there are more Red vector candles up here make it even crazier.
The top of the next 4 hour box is 93.65 and the Red Vector candle from September 2014 is at (93.4.) If all of this happens on a Friday this would be amazing.
This is the only reason we hold partials on longs to avoid all the drama in between zones. But equally we short the recovery of the Red Vector candles and scalp at every opportunity. If it gets to 93.4 - 93.6, we will definitely be shorting from there to see what we get out of it.
We have closed 50% of the 80% we had left from the position from 86.8. (20% was closed at 88) as we are currently at a top of a box (91) at the point of publishing this idea. 91.82 is the next Bullish target as that is where the next Red Vector from 2014 is but we are more than ready for a retracement if one comes as we have the Green Vectors that were used to get us here as places where liquidity will be grabbed from. If it beats 91.82, 93.4 is quite a distance to travel but I guess we have seen crazier things on Oil.
Today will be a very interesting day where we see another new high by the end of it, but one thing we are definitely looking out for is a decent drop after recovering one of these Red Vectors from 2014.
Which one it will be, we don't care too much but know that every time one is recovered, we get a good scalp and indeed decent actual shorts, even as it continues to go up.
What we need to look out for however is all of the daily signals that were given
BEARISH VIEW:
There's always room to be Bearish when we take out Key Red Vector candles. But they genuinely do exist in the chart above $100 so is the Big short that we all want waiting above there? Who knows.
We are looking for short scalps at key resistances and we have moved sells stops up so much on this journey it's ridiculous.
The main thing is when it does go short, for what ever reason Media create, there will be some happy people everywhere
As mentioned above, there were a lot of Green Vector candles used to manipulate price up here. Furthermore we are at the top of a box.
This means that even if its just dollars or if its $10, there should be a short loading to go and get some Green Below. If we start to see Purple at the top recovering Greens on the way down, we will have some bearish signals. But if we keep seeing Blue recovering Reds, its going in one direction overall. (up)
We continue to look for the following to confirm the Total switch of Bias to Short and they are as follows:
- We have already seen the Bearish moon in MP indicator (short was less than $3) Bigger and better short could be loading
- Losing the embedded on the RSI properly
- 4 Hour closes in boxes below
- The recovery of Red Vector candles at Super key Resistances
When Price recovers a Red Vector candle at the highest point that it will get to today, wherever that is, there will be a very good short that will last the end of Fridays session through Monday. If the Bull run is done, this will be the beginning of the fall. If the Bull run is not done then the sell will last till Monday/Tuesday and they will resume Bullish activity to get more Red Vectors from 2014.
It has currently recovered 5 in a week. The last 2 recovered were mentioned on our last idea. 89.4 brought an instant short and it looks like 90.71 will give at least a short scalp.
Good luck Guys!
This is not financial advice and should be taken with a pinch of salt!
!!!!!! BTC EXIT PUMP !!!!!!!Its the whale fight to get the liquidity first
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BTC, Are The MM's Playing With Us?Hey guys, this has aged well so far. I am leaning towards a drop to the downside/lower resistance soon, or a quick pump then drop, we tapped into the 1h OB briefly and for sure we took out some short sell liquidity along with it, BUT I feel that is was a weak move up. But who knows.
From a logical perspective there is a large amount of long liquidity between 33 and 35.5k so I would like to see a move down before we continue up to give me confidence we have reversed and there will be no more manipulation for the time being.
Though, we will only know with time.