EURUSSD 45 MIN PROJECTIONEURUSD has Created Eqaul Highs And Above These Equal Highs There is A Supply Zone.So we are Expecting The Market to Grab the Equal High Liquidity And Then Fall
BOS
Gold. Its OB, And more importantly where its CHoCH? 9/Sept/22Gold. As a “contribution” to tradingview ( many thanks to tradingview for providing such a good free charting platform) community ( Today I’m going to share my own interpretation of OB ( order blocks), and most importantly where is the “exact “ location/pivot/level of CHoCH ( change of character)?. A concept with BOS ( break of structure) which has been used by advanced naked/ Price action trading traders without any indicators. . It will cut “novice traders” learning curve from 3-5 years even 10 years where they are searching for “holy grail “ trading system/indicators..The biggest question for this concept of trading will be “where” is the exact location of CHoCH? ( change of character = change of “previous underlying trend” )..The “ANSWER” is! = at subwave b of any last leg of impulsive wave which is wave 5. < p/s unlike conventional Elliottwave rule there is ONLY abc subwaves “inside” any impulsive wave..> Last but least many thanks to @makuchaku and @Efe for coding the such a great “super OrderBlock..” script/ indicator which help us/traders to “visualize “ where is OB, FVG Although we still need to find where is “CHoCH” “manually”..
BOS STRATEGY Wait for the price to React our zone, Sell only after conformation.
Trade safely my Friends and let me know your views in the comments.
GBPUSD 15 MIN PROJECTIONGBPUSD is in Downtrend. Secondly it Has Grabed the Asian as well as New York Highs And After This, It made A ChoCh. So These All Confluences are Showing That the GBP Have A Lot of Chances to Move to the Downside..
EURUSD 15 MIN PROJECTIONEURUSD is Showing us A Great Setup with High Probability of Winning This Trade. Hope It will Play well.!!!
Nasdaq Higher Timeframes AnalysisPrice potentially formed a lower high filling the fair value gap on the weekly timeframe. Potential short from the H4 order block to continue lower and tap into the daily demand zone. Potential bullish reversal on the daily demand.
BTCUSDTJust chart analysis. Not for buy or sell.
Retail traders - retail traders, technical analysis traders.
EUR/CAD - Ongoing Short BreakEUR/CAD - Ongoing Short Break
> Bullish Trendchannel broken to the downside
> last higher low invalidated
> POC above current price
> Small bearish trendchannel established
EUR/CAD is the mirror image of CAD/CHF (which in turn looks long).
The current market environment is rocky, so use proper risk management if you position yourself in the short direction.
CADCHF ANALYSISCADCHF is going lower, structures are being broken and the main trend is bearish.
DISCLAIMER: This is not a financial advice
EURCAD NEXT MOVEAs you can see, we have a demand area.
We expect the price to react by reaching the 1.31825 area.
EUR/USD Short opportunityDouble top, structure to be closed. Bias is short after last break. Could start dropping already even without taking out double top. We have 1.02 psych level.
CHOCH vs BOS ‼️WHAT IS BOS ?
BOS - break of strucuture. I will use market structure bullish or bearish to understand if the institutions are buying or selling a financial asset.
To spot a bullish / bearish market structure we should see a higher highs and higher lows and viceversa, to spot the continuation of the bullish market structure we should see bullish price action above the last old high in the structure this is the BOS.
BOS for me is a confirmation that price will go higher after the retracement and we are still in a bullish move
WHAT IS CHOCH?
CHOCH - change of character. Also known as reversal, when the price fails to make a new higher high or lower low, then the price broke the structure and continue in other direction.
GBPUSDPrize broke the structure to the downside with great momentum leaving imbalance and creating a supply zone . we are expecting prize to go back and mitigate he OB and resume the bearish move after filling all the imbalance
GBP/USD: Short Trendtrade H1GBP/USD: Short Trendtrade H1
> H4 structural break
> LH and LL established
> POC above current price
> BOS is our sell zone
This is a short-term H1 Setup, coupled with the preceeding H4 structural break.
We already published the H4 idea, but this setup can be used further.
Meikel & Team WSI
GBPCAD Sell FailHey guys i entered this trade and as you can see i had many confluences but got hit out do you think i should of waited for another clear bos after liquidity was taken to enter?
GBP/USD: Short about to rolloverGBP/USD: Short about to rollover
> Price at upper end of overarching bearish trendchannel
> Break of inner bullish trend to the downside
> LL-LH-Sequence
> POC above current price
> General USD-strength ahead of NFP on Friday
Generell USD strength after strong ISM data. Short move likely. Only event risk: NFP on Friday.
As always: Manage your risk, especially during the summer months.
Meikel & Team WSI
Completion of the correction processWith the completion of the downward corrective process and departure from the triangle pattern, the price can continue the upward trend by breaking and retesting the resistances in front of it.
Dealing with block ordersAfter the formation of an imbalance, the price entered the suffering range and after the formation and collection of liquidity, it is expected to continue its decline by collecting OB.
Price within liquidity rangeThe price passing through the liquidity area can continue its downward movement in the main trend when it meets the first orders area.
SELL ORDER BLOCKIn the 30-minute time frame, we see a supply zone.
We are waiting for the price to move towards OB.
Buy OBIn the 30-minute time frame, we see a demand zone.
As you can see, there is a liquidity zone at the price of 1.454.
We expect the price to react upon reaching this area.
