GBPJPY remains in a bullish net with a potential upswing, but be mindful of bank of japan currency manipulation which is evident and a character of its monetary policy team. On monthly chart 2007/2008 was significant for yen as they crashed British pounds from 260.465 to as low as 119.958 by April 2009. the pair remains bullish on monthly chart .
This is my TRU plan. I expect the price to bounce in orange box. Lets see if the market gives us orange box.
Strong support on 1.998 if this Bullish Pennant will broke that could be a good start into New Year. Happy New year in advance and good luck in your next trades :)
This is my plan for APE. I will add more if the market gives me orange box. Which I think we will get.
This is my DSYNC plan. Orange box is strong support for DSYNC and I expect us to bounce in that box.
Gold still bearish. Looking to retest a key level before bearish continuation. Please check idea before execution.
After the capitulation event where KUCOIN delisted TRIAS, the coin was offered to market at an extreme discount thanks to FUD. Most won’t see these opportunities as buying opportunities, just like they won’t like this current setup where it has broken structure to the upside on the weekly and is currently being offered under the 61.8 retracement level. Volume spiked with the FUD as concerns were raised over the inability to withdraw the asset from KUCOIN, leading to a large cascade of price. On the other side of every losing trade there is a winner, and in this example the winner was buying at a discount from the FUD sellers. Where the weekly saw a large bullish expansion, it left an inefficiency in price that the market has now balanced, and the asset has been “fairly” offered to both buyers and sellers. This is a pivotal point as it needs to now either run above $8 and ideally push toward $20 or challenge the lows made earlier this quarter, and the notion will be seen in volume on both price and time volume profiles; when volume increases as price increases it is a good indication of a strong trend. Risk should always be aggressively and independently managed.
Hey guys, short term time frame BTC bottom of range Shark Harmonic .. lets see how it plays out
This is my ONDO plan. Buy in the orange box, this coin has been strong in the market.
On this chart, we observe an interesting price dynamic on GBP/JPY, marked by key levels and liquidity zones. Here’s a breakdown of my analysis: Key Zones and Structure Supply and Demand Zones: The blue zones represent historical supply and demand areas where buyers and sellers have shown strong interest. These levels will be crucial to watch for potential reactions. Fibonacci Levels: The 61.8% retracement has been reached, a key area where reversals often occur. A possible extension towards higher levels is expected if the current structure holds. Support and Resistance: The green lines highlight the most relevant support and resistance levels in this market context. Anticipated Scenario ? Bullish Scenario: If the price holds above the marked support, a bounce is expected, with a potential breakout toward higher resistance zones. A close above the key level (grey zone) could trigger a significant bullish continuation. ? Bearish Scenario: A clean break below the support zones would likely lead to further downside pressure, potentially targeting lower Fibonacci levels. Plan of Action I am closely monitoring: A bullish confirmation with clear signals on lower timeframes. Rejections or significant candlesticks around the blue zones. Reminder: This analysis is based on probabilities and does not constitute financial advice. Always manage your risk!