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CrypLykos
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This week eco news 👀
In my opinion, Thursday is gonna be very interesting to watch PA.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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CrypLykos
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This weeks eco news (Jun 9 - 15) You have the date and time of the news release. It's like having a map for trading, knowing that at this specific time on this day, volatility will be injected into the market. Major manipulations often occur during economic news releases. It's also best to trade after the news.
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$ETH - Technical Analysis Weekly Last candle traded to 0.5 of last candle's wick then closed below weekly FVG as indecisive candle. Looking for consolidation of reversal in PA. Let's see how P reacts to both of last candle's wick. This week we have 2 high impact eco news. CPI on Wednesday & PPI on Thursday. Daily Last candle traded to daily FVG then closed below daily -OB. Looking for P to trade lower. H1 Looking for P to trade to M5 FVG to look for short. Or base on intraday PA to look for setup. . . . . . If you find this helpful, give me a like. Cheer! Abbreviations are explained & pinned in my profile.
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$BTC - Technical Analysis Weekly Last candle traded to weekly FVG then closed above it. Looking for P to trade higher. P might fill some of last candle's wick before doing so. P might fill some of last candle's wick before trading lower. This week we have 2 high impact eco news. CPI on Wednesday & PPI on Thursday. Daily Last candle traded o 0.5 an old candle's wick, then close below daily FVG. I'm leaning toward P trading lower. A SFP is formed. I'm expecting P to at least taking out the recent buyside. If P trades to 0.5 of the old candle's wick, I will likely to look for P to trade higher. H1 P could trade higher from here. Or If P sweeps recent buyside or the upper buyside, I will likely to look for short Of If P closes above recent buyside, I will likely to look for P to trade higher. Or base on intraday PA to look for setup. . . . . . If you find this helpful, give me a like. Cheer! Abbreviations are explained & pinned in my profile.
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DXY (Dollar) - Technical Analysis Weekly Last candle traded to 0.5 of M & W wicks then closed above it. I'm leaning toward P trading higher. P might fill some of last candle's wick before doing so. This week we have 2 high impact eco news. CPI on Wednesday & PPI on Thursday. Daily Last candle traded to 0.5 of old candle's wick and 0.5 of daily FVG then closed below. looking for P to trade lower. H1 Looking for P to sweep sellside to look for long. Or base on intraday PA to look for setup. . . . . . If you find this helpful, give me a like. Cheer! Abbreviations are explained & pinned in my profile.
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$ETH - Technical Analysis Daily Last candle closed below old L. Looking for P to trade lower. Today is TGIF, so I'm expecting P to close around 0.2 - 0.3. Noting that P traded to 0.5 of an old wick again. Today is also NFP so best not to trade. H1 Looking for P to trade to H1 FVG to look for short. Or base on intraday PA to look for setup. . . . . . If you find this helpful, give me a like. Cheer! Abbreviations are explained & pinned in my profile.
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