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The wide green up-bar (the third from the right edge) was a test or fresh minor zone of Weakness after the second SLKB. Studying the volume/price action on a fast TF chart (right side) confirms the Supply on slow TF has activated. This Supply comes from old High (line A). So, the down-move...

In my previous overview about #Gold (view my profile for more links), I wrote: this maket did trading in the range of balance between 1500-1520 levels. As a result, we got the formation of a big "bell shape" in market profile (left side indicator). Yesterday, we got the first clue about...

Example of Judging the #Bitmex #XBTUSD Market Action using the Price and Buying/Selling Volume We Have 3 downwaves A-B-C. All downwaves were finished around 8475. 1) Study the Profile of Each wave - They have "b" Shape. 2) Study the Selling Volume - We have a lot of Spikes in red Delta...

Today I wrote in the Telegram Chat: ZRX broke above the previous major high. I believe in Correction. The progress of wave A was quickly nulled. Actually, as you see in hindsight, it was a clear manipulation: #FOMO wave has an extremely size of volume. Extremely high volume on up-bars =...

#ACB #stock market is developing in the down-trend stage. However, the character of down-move 1 could be interpreted as the Panic selling wave. Now we have to get a confirmation from the Chart. The lines of downward trend channel should produce bearish movements 2 and 3. If the Cumulative volume...

This is a post about Stop-Loss killer, it happens everywhere, not only on #oil. When public bulls look market goes up #1, they go long and place SL under the low of #A. Then SL-killer comes in #B. When public bulls look market goes up #2, they go long and place SL under the low of #B. Then...

Intraday Bullish Change in #BTCUSD market. Line A - is major line of support. It can be clearly visualized on TF like 1h-4h. Now study the behavior of the Price/Volume on down-waves 1-2-3 1) Panic Volume + Wide Fearful Spread (attracting the public to sell) 2) Big Volume + Small result for...

Yesterday, I've posted messages in Telegram Chat about gold I wrote: market is not interested in moving higher. We have to expect some sort of decline. Let's look at this market with a more detailed view and analyze how the situation has developed. I use ATAS software, a tick chart from...

Since that time, price increased from 7900 to 8200. Let's do update. 1) After break-out of line A... 2) ...price did advance up to 8400. Study carefully the character of up-wave in point 2. It consists of 3 up-bars. Every next up-bar has bigger volume than the previous bar. And every next...

Here is a Setup for Shorting. It uses the oil market but works fine everywhere. As described below setup based on a cruel market nature. I call it the Test_Of_RFSB. Here is a fresh example from Brent futures market. The first chart is telling the global view (1 candle = 1500 ticks). You can...

Yes, context is important. By the way, bulls are producing an attempt to breakout above line A, as I wrote earlier. Thanks for following this thread.

First of all, what is the context? Price has been moving inside balancing triangle/wedge AB for several days. (Note, it entered the wedge after falling - this fact increases odds for a bearish escape from balancing wedge - this concept often discussed in classical TA). Second fact - SLKT above...

Setup for shorting Every market is moving within neverending cycle: ...balanced -> unblanaced -> balanced -> unblanaced -> balanced -> unblanaced -> ... Balanced markets cover 80% of time. Trending markets last 20%. It is hard to understand, but many cycles are developing at the same time on...

So, what the chart of Gold does tell us? (I use data from Oanda, futures market charts are quite same). On the first view, the eye catches up-trend wave (blue lines). But let's take into consideration volume and its relation with price action. 1) On 13-15/August, we had a spike of volume (red...

In the previous post, I wrote: ...we should expect the breakdown of 9k line with an increase in volume (supply pressure). In this case, the decline should develop down to 6k support. So, the bearish journey toward 6k has begun. Actually, it has begun... much earlier. Take a look at the big...

Let's take a wide view on Bitcoin/USD market. I use 3D TF and average data from 5 Major exchanges. Read the Chart: 1) No Supply under 9k 2) The surge of demand broke out 9k resistance. So, we have 9k support after 1+2 actions. 3) Buying culmination above 12k. Check Google Trends. "Bitcoin...

Markets change their behavior when the majority of public expects the continuation of the trend. Here is an interesting chart for you. Blue lines - FED rate. Gray zones - periods of crisis. Note the downward reversal of the blue line at the right live edge. Will the gray zone will start soon?

Nasdaq Stock Index Wide Picture Overview I use daily TF, data from CME, futures market. I did divide the chart into components - waves. Let's analyze every component and combine them into the opinion. A) Upwave 10/March-2/May. This upwave formed a busy trading range (1) around 7375...

It was a poor morning for #GBP #GBPUSD. We have a very clear indication of weakness above 1.255. Falling price is entering the Zone of Support @ round number 1.25. It should produce some sort of bounce up. But Read the Chart. We have a lot of weakness overhead. Definitely, it will be hard...

I wrote: "Effort of bulls (signals on buying), but personally I do not feel the confidence to follow them. The high above C looks as the SLKT Trap.." Because the number of buying signals increases in minor TF (Welcoming into Trap) before major "sudden" down-bar. I hope my thought was clear - I...