itismetrading
PremiumGot into such position as I have seen this picture many times on ethereum already which looks nice to me I am quite sure we are at the lows and the risk reward for such position is teasing We have retested the imbalance on day chart after the FOMC meeting without any significant downside breakout, so lets see where it leads us
Great opportunity for longs on OIL, I expect the retracement to at least 0.5 of the correction we received on this asset, we have taken the liquidity below the previously formed equal lows which have appeared before the impulse movement as well as tested the daily imbalance formed prior to the run up higher, lots of liquidity on shorts resting higher which is...
Strong level to long, else you can see on the chart 1D inefficiency tested, fvg from Monday 13 jan holding well, built an order block recently at the same level that holds well The force did not cause lower breakout, tested well 1h inefficiency from where I grabbed the position, picture looks very familiar to what we have seen in the past on ETH Typical AMD model...
Just look at the chart you will see everything yourself, does not have to be as precise but the general interpretation is the same lol
This looks so nice I don't think the description is necessary
Looking from the perspective of AMD model we are expecting the manipulation below the sellside, eventhough the overall move itself is manipulative which takes out the buyers with every next swing down in the range of the previous post. I think we are about to retest the balanced price range where the liquidity is marked by the trend line. the potential fair price...
This is the local picture I look at in 4H we have currently respected the old NWOG formed in the end of November, however, there is still sell side and the BPR are located below, which I would rather like to see quickly swept and then price returned back above the NWOG to fill the inefficiencies higher
Besides all the hype around the inauguration of Trump and the technical rebound we have received. the technical picture and the dynamic of the earlier discussed move in my pod suggests the further consolidation, which is likely to continue while also disappointing the crowd We have come to the bearish fvg where also the 50% of the initial manipulation is located ,...
Due to the previous downfall of the bitcoin and ethereum, as well as overall crypto market I expect some kind of rebound from the zone I have marked as long position which is leaning towards a short term change of character towards the long bias, if the first (closest zone) fails I will be looking forward to the second highlighted grey area (50%-75% of the long...
In my opinion we are going to see the bearish short term continuation to rebalance, into the black area of interest (lower quadrant of the bullish order block along with the previously formed RTH Gap, which I do not expect to see retraced considerably if we want to see the further bullish movement) around the inauguration of trump and retrace slightly by the end...