bitsofwealth
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Primarily crypto focused analyst and trader that also dabbles in US stocks, commodities and futures. I use weekly & monthly charts to build my levels, daily and 4hr to identify trends and ranges, 15min to execute trades. Buy/sell volume, visible range volume profile, pvsra candles.
$AGLD Long Idea based on a 3-month HTF reversal setup.
Q1 of this year swept the low of Q4 of last year BUT then closed back within the Q4 range.
Potential trade here is that Q1 low is protected and we see a displacement towards the highs of Q4 range.
Although I am starting a position here - there might be the opportunity to either wait for lower prices to open a position or to add to existing and bring down average cost.
A sweep of previous week lows (PWL) around .223 would have me paying attention.
$MOVR Long Idea
I think I had shared this one previously on either a stream or in DM but the setup is still perfectly valid and just as appealing today as it was almost 2 weeks ago.
I am already building a position here and will add on a sweep, as illustrated in the image. I don't know if it will sweep, but I will take it as an opportunity if it does.
Attaching the original setup I shared on the 1st of the month for reference.