BTCUSDT
4H analysis
Fair value gap levels have been quite effective in determining Bitcoin’s price movement over the past week. First, it tapped the FVG near a bearish order block, leading to lower prices. There hasn’t been a genuine bullish market structure break on the 1-hour chart. For the market to be considered bullish, the last higher high must be exceeded, requiring a candle close above $69,590. The next targets could be the FVG below and the liquidity pool underneath.
15 min analysis
Although the price did not change too much during the weekend, a bullish market structure shift is observed on the 15 minute chart. EMA20/50/100/200 ribbons also confirms this shift. Now a retest is possible until $67.2k. But there is some more liquidity levels below that price. The state of the candles should be checked and decided after the sweep of FVG for possible long entries.
XAUUSD
4H analysis
After several weeks of bullish movement, the gold candles on the 4H chart are currently exhibiting a range. The last leg has established the boundaries of this range, which is being influenced by sell-side manipulation. This situation does not indicate a market structure shift. Another manipulation from the buy-side is likely. If the candle momentum is strong, the blue path could be a potential roadmap. Conversely, if the momentum is weak and the candles show shallow increases, the price may re-enter the range.
15 min analysis
Several patterns are visible on the 15-minute chart. The first order block above the equilibrium of the range held the price twice but was broken on the third attempt. Another order block is available above, which could form a bat harmonic pattern. If this pattern becomes valid, the target will be the imbalance below, and we can expect the price to rise toward the range high.
EURUSD
1D analysis
The pair price is still around the same values for one week. After filling the above FVG and reaching TP2 target of the harmonic pattern, it went down a bit more to tap another FVG below. Now the red horizontal line still exists as a target as with the expectation of the last week. That level is also the equilibrium of the last downward leg. Over this line can be regarded as a premium zone.
1H analysis
An obvious market structure break is available on 1H chart. The candles retested the area where the price made a new high. Over 1.1 pair price, there is a significant fair value gap on 1H chart. The price will fill some or entire FVG after reaching the red horizontal line.
** Important Note: Above ideas are not investment advice!**