Quantum_Labs

Favoring shorts Once the stop of 2,337.74 is taken out the idea is invalidated. Annotations and targets on the chart. Expectation: Bank Holiday, likely sideways movement As usual, manage risk and conserve capital Q.L.

anticipate bearish crypto, Solana has played my short setup. I anticipate lower prices with a target of 29.0967. Partials to made accordingly, if you enjoy the Fibonacci, you can look for viable extensions to the downsideI'm observing how the price swept Asia lows, reversed, and began to rally higher. If bearish, the rally higher to an OTE or OB, is the Judas swing. the sweep of the low is to induce any early net long traders in the market, I anticipate a lower RUN during the NY session today for short-side profit-taking and any net long trader profitable could be liquidated. if the order flow is bearish the lows have to be sweptLet's observe the melt and potential bearish momentum. I don't anticipate longs unless we have massive displacement in price delivery bullish.more blood in the crypto marketsthat's why we always take partials

Annotations made in the chartPrice has taken a swing low in London Open, any net short trader has been squeezed in the rally higher, accumulation of short positions above 1850.33 could be ideal for shorts to enter. i anticipate a run on Asia low. we have had a shallow run on Asia lows. I anticipate attacking Asia sell stops of any net long trader as price delivers lowerPartial annotations made on the chartfinal draw could be 1843.281844.271844.011845.75 would be ideal exit targets before the main target is achieved1845.30 heavy partialsI anticipate a massive impulsive drop below Asia lows , could be great bearish confirmation1849.09 potential area for re-accumulation of shortsRe-entry on the same level 1850.33

Short-term opportunity to go short. My point of interest is at 1857.41The rally higher could be an opportunity to short.Ideal targets are Asian low with annotations made in the chart.My entry is at the Equilibrium range so I expect another rally higher after the fall to take out any early sellers chasing the move lower before a potential dump lower. Once a valid setup is present, scaling in accordingly could be expected.The first dump is an opportunity to see the willingness of price to fall lower. The rally higher could be a retracement for more short entries after hitting stops. Lets observe and see

London open manipulation and a re-accumulation of longs. Since it's Friday, maybe we could go higher before any melt lower for a reversal. Most short ideas have been invalidated previously. I'm taking longs to a final target of 1855.52. I anticipate a run higher rather than a sweep on the relative equal highs. [The double top may fail to hold]My stops are below the lows. let's observe and see. Price is currently at the equilibrium of the expansion higher and possible for a continuation higher. the manipulation may be uncomfortable. If the price continues with a gradual move higher, it is possible that the trend may continue bullish. 1H confluence for the continuation.

We have had a parabolic squeeze in NY session with 0830 news providing volatility and squeeze higher at New York Openthe 1000 am news could be paired in the afternoon session for shorts in the rally higher. The imbalance created could be rebalanced in the PM Session, Asia and Potentially London. The session should include a melt through Asia and London next day. With the minor consolidation on the 5M could be accumulation of short positions. if uncertain, you can expect the next day to provide more shorting opportunities potentially sweeping today's low which will be tomorrow's array to be attacked. If I'm stopped out, I could negate the short idea and focus on long opportunities.

Logic made on the chart with annotation, I anticipate a reversal with my point of interest at 1834.48.We have made a massive rally during the London Session with the most active traders long. More Breakout traders have been induced to the marketplace long at 1824.80. Also, trailed stops at 1824 have liquidated. As approaching the NY session, my logic is that price could revert lower before any rally higher. If active in London, I'd secure positions and wait for the melt lower or a run on the swing at 1836.18Limit triggeredAnalysis failed to pan out and 0830news provided liquidity to break the swing 1834.48.While I'm still anticipating shorts. I'd sit on the sidelines now. Another short setup may still be in play.