Posted this for my subscribers on Jan 3rd, been on my watchlist since ER since it had HVE and gapped up to break the 3-year-long downtrend. Part of the clean energy & power theme, leader in the hydrogen space. Entered when breaking out of the double inside day and upside reversal shakeout bar, added at DTL breakout. Looking to ride and add more when pulling back to KMA.
Hey guys, im starting to get a Following pretty quickly and I appreciate all the kind words and support. The more I get from you guys the more Ill do in return. In this chart im actually starting off in the Monthly TF which I dont tend to look at too often although I believe is necessary here. In the Monthly we can notice a Long Term Bearish Channel insinuating long of sellers momentum. This in all of our trades will be taken into account due to Higher TF will be preferring sells. Weekly TF price action shows us the most recent move was a large volume of Bullish movement, this movement infact was counted as a Breakout in my opinion due to the Elliot's Wave Theory finishing on this continuation leg. Saying that we are currently filling a previous sell side Imbalance which tells me we will see some slow choppy price action to follow and possibly see price Consolidate. Small TF would suggest we have made a MSS which I will move into soon. Daily TF price action is very similar to the weekly, we see in better details that we have not closed out of that Imbalance although we can notice we have closed Higher than the previous pullback high telling me we have seen a MSS. This daily Bullish push has been so far marked out with the Fib to find out Discount zone to look for possible buys but currently im not even close to interested due to being in a choppy higher TF imbalance. 4H. I would like to see price fall further towards out Mitigation Block and the breakout candle returning back into the Discount Zone before looking for any buying opportunities. When breakouts occur price action tend to return back to that Trend Line to claim Sell side Liquidity in this case of it being a Bullish Breakout. Overall I would prefer a sell position although depending how price action looks I will look for buying opportunities once price action settles. Good Luck to all the traders that decide to follow.
HIVEUSDT (Hive) Daily timeframe range. PA trying to stay above 0.4006 breaking that clean will lead it to 0.2255. staying above 0.4006 give buyers more chance to push it back. depends on volume now.
My prediction for GBPAUD for the coming YEARS. If you trade only GBPAUD, you can feast on this analysis and be profitable. The market is king - always remember that. The analysis can change depending on the market.
NZD/CAD Analysis: Liquidity and Supply Zone Reaction Timeframe: 4-Hour Overview: This analysis focuses on the current price structure and potential setups for NZD/CAD. The market is approaching a significant point of interest (POI) at a supply zone, where a high probability of price reaction is expected. Key concepts such as liquidity grabs, imbalances, and market structure shifts are highlighted. Key Observations: Point of Interest (POI): The supply zone marked between 0.8218 – 0.8258 represents an area where selling pressure previously overwhelmed buyers. This zone aligns with previous price inefficiencies and an imbalance (imbL), making it a critical test for the current bullish momentum. Liquidity to Take: There’s visible liquidity resting above recent highs within the supply zone. This liquidity, highlighted as "lq to take," might attract price before a potential reversal occurs. Smart money tends to grab liquidity before deciding the next directional move, making this a key area to watch. Market Structure Shift (MSS): The MSS level marked at the lower end of the chart indicates where the market shifted from a bearish to a bullish structure. This bullish structure currently holds, but the POI could serve as a zone for a trend reversal or continuation after a retracement. Imbalance: The chart highlights an imbalance zone (imbL), representing an area where price moved too quickly, leaving inefficiencies in the market. The imbalance is a magnet for price action, often serving as a draw for liquidity seekers. Liquidity Target: The diagonal line pointing towards "lq to target" illustrates how the market cleared sell-side liquidity before continuing upward. The price appears to be in a liquidity-seeking phase, with the supply zone as the next likely target. Trading Plan: Scenario 1: Rejection from the Supply Zone Confirmation: Watch for bearish candlestick patterns (e.g., engulfing or pin bars) in the supply zone. This signals sellers entering the market. Entry: Enter short around 0.8218 – 0.8258, with confirmation from price action. Stop-Loss: Above 0.8258 (beyond the zone). Take-Profit: Target the recent liquidity sweep near 0.7998, aligning with previous demand. Scenario 2: Breakout Above the Supply Zone Confirmation: A strong break and close above 0.8258, followed by a pullback into the zone. Entry: Enter long on a pullback into the broken zone (now demand). Stop-Loss: Below 0.8218 (mid-range of the zone). Take-Profit: Aim for higher levels, such as 0.8300+, based on higher timeframe structure. Key Levels: Supply Zone (Resistance): 0.8218 – 0.8258 Demand Zone (Support): 0.7998 Imbalance Zone: Around 0.8180 Conclusion: NZD/CAD is at a critical juncture near a supply zone. Whether price rejects or breaks through will determine the next major move. Be patient and wait for price action confirmation before executing trades. This setup offers a solid risk-reward ratio for both reversal and continuation scenarios. What do you think of this idea? Let me know your thoughts in the comments below, or feel free to share your perspective!
I am expecting GBPJPY to move higher this coming week sweeping the IRL and going higher to the supply zone. Price has just entered the premium zone of the daily dealing range so we can expect a retracement from the supply zone. The marked out IRL could be possible reversal points however this is unlikely. I am overall bullish for GBPJPY however i think price may retrace to the demand zone after entering the supply zone.
Since the pair has reached the resistance after perfectly completing the first wave, we are expecting to see the correction towards 1.2391.
Saturday , with the Forex market closed, is a great opportunity to delve deeper into crypto fundamentals and on-chain analysis. Insights from active addresses and long-term holder movements suggest that BNB might break out of this trading range to the upside. However, this largely depends on the overall market sentiment. I didn’t expect the market to open Saturday morning with negative momentum, but I anticipate a shift in momentum as the day progresses. Let’s see how it unfolds! ?
In den Serien-Charts von Netflix ist jetzt die 2. Staffel eines absoluten Hits zurück an der Spitze. Der Vorgänger brachte es schon auf fast 100 Millionen Streams.
Riesiger Rückruf in der Automobilbranche: Opel und Peugeot, die wohl wichtigsten Marken im Stellantis-Konzern, müssen über 100.000 Pkw in die Werkstätten rufen, weil es Probleme geben kann, die für eine eingeschränkte Lenkung sorgen. Der Beitrag Riesen-Rückruf: Mehr als 100.000 Autos müssen in die Werkstatt erschien zuerst auf inside digital.