Bought a bit of ETH. SOL should reclaim
205$ to confirm a move back up IMO. Bitcoin looks a bit weak IMO and could pullback a bit further so I’ll keep liquidity for further entries in BTC and SOL.
Oil offered a wonderful long momentum
day. Breaking daily ranges and driven by Ukraine-Russia risks. Cash gap signaled pot. strength and the OTD and momentum to the upside confirmed my thesis.
Well… Interesting OvN session. Good record high trend move in gold. Oil found a bid breaking to the upside after finding buyers on yesterdays cash session. Dax was trapped between 2 profiles being caved. S+P holds extremely firm IMO… watch out for the Data today…
Reversal with an OvN Positioning reversal setup and cash gap fill play. I like these trades but there can be a lot of nuance in these setups. Being aware of bigger levels as well as OvN references is key.
The absolute most important aspect of long term profitable trading is your mindset. Your weakness’s will puke up all over your screens if you aren’t acutely aware of them and on top of them. My weaknesses are in the background doing pushing waiting to pounce on me if I let down…
PB phase in crypto. Took a bit of profits but waiting for the FED. I think this pullback is needed in order to continue higher i.e. i expect a continuation rather than a deep pullback.
Crude oil could be an interesting play the upcoming week with an ISW profile setup filling the previous cave. Buyers tried it higher but failed especially on thursday and friday. If we see a shift/change approaching @62.00 zone i would consider a move down and cont.
ETH broke the ledge @4.490$ and opening up the gates for a retest of record highs. Weve spent enough time/volume to continue sustainably and expand above ATH. Lets see - SOL is catching up btw.
Strong OvN squeeze breakout in SOL. We pushed through 235$ - next traget 245$. A pullback is expected after such a move so manage your expectation. If we build value higher over multiple days, a new high is definitely possible. The Funding Rate is very low.
S+P open above prior cash value, OTD and hold of OvN VPOC. Bullish OR break and tone is set for me. Rate cut narrative plays into that thesis. Value shift needed and this is either a trend or P-Shape day (depends on pullback)
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