Swing liquidity has been taken, and a CHoCH occurred on the 1H.
Entered a short position here, anticipating a retrace back into daily demand.
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Swing liquidity has been taken, and a CHoCH occurred on the 1H.
Entered a short position here, anticipating a retrace back into daily demand.
#ETH captured liquidity above the equal highs on the higher timeframe, suggesting that it might be ready for a pullback into weekly demand.
To confirm this, we'll examine the lower timeframe and search for a CHoCH, which can be found on the 1H chart.
Currently, I'm looking for a short setup for a pullback into HTF demand to seek a long position again.
Keep an eye on the #Solana memes in the coming weeks ๐
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Currently on its way to break the daily fractal upward. I'll wait until we return to daily demand to look for a position.
#TSM:
I've already taken a position at TSM after it broke the daily fractal high. There's around 10% to go until we reach the ATH.
If trade talks favor the US, I definitely see the ATH back on the chart soon.
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#Bitcoin is breaking its bearish fractal structure after grabbing liquidity below the swing low.
Let's see if we can retrace back into demand and enter a long position!
Ditch your ego, or the market will do it for you.
GM all,
#XAUUSD looks ready to go long since we tapped liquidity in the HTF demand zone and saw a fractal break on the 1H.
I'll be keeping my eye on this one today.
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Weak US Spending = Weak USD?
๐ January 2025 PCE: -0.2% (expected +0.2%) โ DXY fell 0.3%
๐ February 2025: +0.4% (expected +0.5%) โ DXY rose 0.2%
Significant misses impact the USD the most.
๐จ Core PCE release in ~40 mins โ crucial Fed-influenced inflation data.
Expect volatility. #PCE #USD #DXY #Forex
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#MU:
MU also sold off but rebounded from a strong level. The overall high timeframe swing structure and trend remain intact.
While we're bullish on the daily chart, we're currently in a weekly supply zone. However, I still favor longs from a higher timeframe perspective, as there's a lot of liquidity above the supply zone.