Wise Analyze

One of forex traders I occasionally monitor got stopped 3 times today with DAX longs. Not that he is a bad trader, but market conditions are extreme now.

Nevertheless I like the idea to long #DAX (GER40 on ByBit). Watching 23540 zone - not sure if price gets there today or tomorrow, but it may cause a bounce to ~24000 (unless it bounce before that zone)

Invalidation for my swing idea is acceptance under 23200

📉 Bitcoin Daily 📈

BTC got rejected from upper trendline for the sixth time, but yesterday's pump still made a small change to the downtrend, slowing it down for 1-4H timeframes. For higher timeframe nothing has changed.

Short term key levels marked below. Upper are for bearish re-test and lower for bigger dump, if the nearest SR zone at 65750 won't give a proper bounce. Either it will and upper levels will be hit first, or market dump hard, and they will be postponed for later.

🎯 Key Levels
Above: 66940 / 67600 / 68100
Below: 65000 / 63800 / 62300

I've took a pause with trading as market is under serious influence from geopolitics situation and also heavily manipulated now. Hard to forecast anything. Stressful to watch the news and price action that follows. Scalping stops are a waste of money and swing stops are too far to play. Volatility can be heavy at any moment of the day.


⏰ TG alarms set for: D/W/M20sma, dev Y VWAP VAL/VAL2, 70939, 65000, 62401, 61100.

Trend: D 🔽 W 🔽 M 🔽

😱 F&G: 14 < 10 < 14 < 11 < 13

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