ARB/USDT 15m / D BB & FVG / ELLIOT / LIQUIDATIONS / FIBOAccording to higher timeframes, the market sentiment is bullish. We are moving within an ascending channel with the potential to rise to 0.7416. To increase the probability of this outcome, the price needs to establish itself above the ascending channel.
Locally, within the range of the daily breaker block (D BB) and the daily imbalance (D FVG), three potential entry points are visible:
1. Liquidity grab (Sellside liquidity)
2. 0.5 Fibo
3. 0.618 Fibo / bottom of the ascending channel
4. The target is the local high, which is at the midline of the channel.
Locally, based on the EFIATR oscillator, volume, and liquidation levels, there is a likelihood of growth. According to Elliott Wave theory, a 5-wave pattern and an ABC correction in the 4th wave are visible, which further increases the probability of upward movement.
Breakerblock
Unmitigated order blocks + Breaker blocks = Profits everywhere !Hello everyone, hope we are all doing okay !.
I literally walked you guys through this trade, laid out every single reason for this trade and the icing on top of the cake was that it was only a 16pips stop loss with a profit target of 100 pips...i made good money off this A+ setup, hope you guys did as well !.
Stay tuned for more A+ setups not just on tis pair but others as well !.
ICT Breaker & Mitigation Blocks EXPLAINEDToday, we’re diving into two powerful concepts from ICT’s toolkit that can give you an edge in your trading: Breaker Blocks and Mitigation Blocks. There are one of my favourite PD Arrays to trade, especially the Breaker Block. I’m going to explain how I interpret them and how I incorporate them into my trading. Stay tuned all the way to the end because I’m going to drop some gold nuggets along the way"
Ok, so first of all let’s go through what both these PD Arrays look like and what differentiates them, because they are relatively similar and how they are used is practically the same.
On the left we have a Breaker Block and on the right a Mitigation Block. They both are reversal profiles on the timeframe you are seeing them on, and they both break market structure as you can see here. The actual zone to take trade from, or even an entry from, in the instance of this bearish example is the nearest down candle or series of down candles after price makes a lower low. When price pulls back to this area, one could plan or take a trade.
The defining difference is that a Breaker raids liquidity on its respective timeframes by making a higher high or lower low before reversing, whilst a Mitigation Block does not do that. For this reason, a Breaker is always a higher probability PD Array to trade off from. As you should know by now if you are already learning about PD Arrays such as these is that the market moves from one area to liquidity to another. If you don’t even know what liquidity is, stop this video and educate yourself about that first or you will just be doing yourself a disservice.
Alright, so let’s go see some real examples on the chart. Later on I’ll give you a simple mechanical way to trade them, as well as a the discretionary approach which I use. And of course, some tips on how to increase the probability of your setups.
ETH/USDT.P - Strong Resistance AreaThere is both an Order Block and a Breaker Block between 2260 - 2090 below. There is also a swept Liquidity. I think this is the strong resistance point of the price.
It is difficult or very long-term for the price to decline to this point. But if it comes to this region, I think it is an easy long.
ICT Unicorn Model - The powerful ModelThe Unicorn entry model in the ICT method combines the concepts of the Breaker Block and the Fair Value Gap, providing a unique approach to identifying trade opportunities. This combination highlights a future area of support/resistance.
A Bullish Unicorn Pattern consists out of:
A Lower Low (LL), followed by a Higher High (HH)
A Fair Value Gap (FVG), overlapping the established Breaker Block
A successful re-test of the FVG which confirms the pattern.
A Bearish Unicorn Pattern consists of:
A Higher High (HH), followed by a Lower Low (LL)
A Fair Value Gap (FVG), overlapping the established Breaker Block
A successful re-test of the FVG which confirms the pattern
In this trading idea, I would combine the movement of DXY and GU/EU to explain the correlation and divergence (ICT SMT). Futhermore, I want to share how powerful the ICT Unicorn Entry Model is.
My 5 potential trades for this weekTrend is long term bullish but currently bearish.
We are close to hitting bearish trend line.
Falling wedge with recent double bottom.
Multiple FVG’s to be filled.
All indicative of an impending reversal to initial direction.
1) long @ 1.07884 if $ & downtrend $ is swept
2) long @ 1.07225 if 4h $ & bullish $ is swept
3) long @ 1.08553 if OB & trend line $ is broken
using OB as breaker block to be rejected.
4) short @ 1.08553 if OB is rejected
5) short @ 1.09328 if FVG & 4h $ is rejected
being mindful of rejection off possible
breaker block and bearish trend line for
indication of reversal
Light Crde Oil ( CL1!, US Oil ).... BULLISHAs I mentioned in the Weekly Outlook video, I expected the fair value gap + the bullish breaker block to hold price, and provide support for a potential rally. It chopped since Tuesday, but we've seen the bulls come in and slowly start to move price higher.
I expect that price will continue that move today.
I am looking for price to pullback a bit, after taking the yesterday's high. I should pullback halfway into Thur's candle, and push higher towards the highlighted draw on LQ (red line).
If it doesn't happen today, then I look towards the beginning of next week for it to play out.
May profits be upon you.
🔗 LINK : Sweeping Low to PUMP HARDER ! Chainlink (LINK) has been navigating a consolidation phase within a well-defined range since November 11. This prolonged period of price equilibrium suggests a process of accumulation and distribution. Notably, the market exhibited intriguing behavior during this time, executing two distinct liquidity sweeps above the upper boundary of the range.
📊 Range-Bound Dynamics:
The apparent range-bound behavior of LINK denotes a phase of indecision and equilibrium in the market. Such periods are often indicative of participants accumulating positions and preparing for a potential directional move.
🔄 Liquidity Sweeps Analysis:
The tactical execution of two liquidity sweeps above the upper range boundary provides essential insights into the market's internal dynamics. These sweeps involve a deliberate move to trigger stop-loss orders, inducing short-term reactions. Understanding and interpreting these reactions become crucial in anticipating potential future price movements.
📈 Technical Insights:
🔄 Lower Liquidity Extraction:
Presently, the market is engaged in extracting liquidity from the lower end of the range. This involves a strategic move to trigger stop-loss orders, causing a cascade of selling pressure. Subsequently, there is a retest of critical support, potentially serving as a launchpad for a bullish continuation.
🚀 Anticipated Breakout Strategy:
🚀 Targeting $20 Resistance:
The strategic extraction of liquidity from the lower range sets the stage for a potential breakout. The next significant move is anticipated to be an upward surge, with the $20 resistance level being a key target.
📊 Tactical Considerations:
🛑 Understanding Range Dynamics:
Traders are advised to be vigilant regarding the nuances of range-bound behavior, utilizing this information for informed decision-making.
📈 Confirmation of Breakout:
A confirmation of the breakout will be established through sustained upward momentum, especially following a successful retest of crucial support levels.
📝 Conclusive Insights:
In the intricate landscape of Chainlink's recent market movements, characterized by meticulous range trading and calculated liquidity sweeps, the outlook suggests a potential breakout. Traders are encouraged to closely monitor unfolding developments, with a breakout beyond the $20 level signaling a transformative shift into a new bullish phase.
🚀 Unlock my 3 crypto trading indicators for FREE! 🚀
ETH/BTC Catch up time?ETH/BTC chart broken down into some simple key areas. We've recently had a double bottom as ETH has lost strength against Bitcoin, however for me it is clear that if the breaker block is flipped after such a strong reaction from the double bottom ETH is on its way to reclaiming strength against BTC.
The next level of major resistance would be 0.0625 area. After BTC's huge move recently and other L1's like SOLANA and INJECTIVE etc ETH has had a lagging response in comparison.
With profits from BTC filtering down the next obvious place would be Ethereum before some sort of mini alt-season if that's possible at this stage. Coupled with the news that Blackrock have just registered an Ethereum trust in Delaware ETH looks very strong currently.
XAUUSD Bearish ContinuationHello Traders there's 1H Timeframe Short Entry We may see a continuacion of Price To the downside why because, Weekly : Bearish Daily : Bearish Everything : Bearish so we still bearish till we reach a Huge Area of Interest Or a daily O.B in this case we found a Breaker block on 1936 That our Main Target on this Trade it a 1:10 RR still we have to be cautious
GBPUSD TRADE IDEAI've been looking at this chart for a while now anticipating a possible short term reversal. on the chart we can see that price took sellside liquidity before breaking structure to the upside. I would like an entry around a rejection at the breaker block indicated on the chart. Another good possible entry would be the 62% fib retracement, but I have my doubts about price dropping that far. anyways I would like an entry if I get confirmation around those two levels. and my target would be the buyside liquidity resting between the -50% and -100% fib levels. let me know what you think about this idea, or any other thing I might be missing.
AUDNZD BUY ICT 20 PIP SCALPSince the Yen will be dropping some suspect news tonight, I'm moving my usual ICT 20 Pip Scalp (21 with the spread) from my AUDJPY pair to the AUDNZD. It already bounced from my 1 hour Breaker Block/4 hour FVG point of interest. If price doesn't clear the buy side liquidity resting above, I believe I'll have a scalp this Asian Session.
ES/NQ Weekly Analisys Weekly Analysis
June 20 - June 23, 2023
During the previous week, NQ entered the zone of the daily Order Block (OB) and came close to testing the Mean threshold of that OB. It also entered the Monthly BB-.
Therefore, this week, I anticipate a retracement to the 4-hour OB level between 15188.00 and 15094. For an ideal scenario, I would like to see a bounce from the range of 15186.75 to 15142.50, targeting the Mean Threshold of the Daily OB at 15534.00. It's also worth monitoring the Critical Level of the Monthly Break Block at 15722.75, although it may not be reached this week.
To recap the structure: Consolidation, followed by Expansion, and then a Retracement before the Order Block and resumption of movement. Alternatively, it could be Consolidation, Expansion, and then a Reversal.
Hence, my retracement level before the Order Block is set at 15186.75. Inside that zone, there are 15-minute BB+, as well as 15-minute FVG and 1-hour FVG. If the retracement fails to hold at the OB level, we should anticipate a reversal phase where it breaks 15066 and drops further, ideally reaching the Daily SIBI level between 14963 and 14866.75.
The same analysis applies to ES: ES also entered the zone of the Daily OB (4615.00-4486.25), which aligns with the Monthly BB-. Remembering the structure: Consolidation, Expansion, and then a Retracement before the Order Block and resumption of movement. Alternatively, it could be Consolidation, Expansion, and then a Reversal.
For ES, my retracement level is set at 4431.75 to 4423.25. The 4-hour OB is located at 4419 to 4404.50, with 15-minute FVG and BB+ within this range as well. If the 4-hour OB fails to hold, we can expect a Reversal Phase, leading to a test of the SSL at 4393.75. The Daily SIBI is found at 4381.75 to 4369.50.
However, a bounce from the Retracement Area should fill the Weekly SIBI at 4506.25. Additionally, there is a Daily Breakaway Gap to consider. Key levels to watch are 4524.00 and 4531.25, which correspond to the Mean Threshold of the Daily OB.
S&P 30m Analysis: Unveiling the Perfect Sell Setup for Maximum📈 S&P 30m Analysis: A Perfect Setup! 🎯
✅ Price successfully captured its buy side liquidity and formed a breaker block, signaling a prime opportunity for a sell entry.
📉 Targeting the untouched sell side liquidity, traders can aim for a remarkable 6.5 risk-to-reward ratio.
💰 With the option to book partial profits at 2.5 deviation or hold for the ultimate gain at 4th standard deviation, this trade is a true gem. 💎
EIGHTCAP:SPX500
ES - short-term analysis Yesterday, we witnessed a sell-off down to the 4-hour Breaker Block, followed by a bounce from that level.
There is a 15-minute SMT divergence between NQ and YM, as well as a 1-hour SMT divergence with YM. This could indicate the possible formation of a MMBM (Market Maker Buy Model).
Currently, I'm interested in observing the testing of two short-term BSL levels: 4158 and 4166. After that, we may see a rapid bounce towards the 4175 level, which is an OB on the 15-minute chart.
My primary focus area is around the 1-hour OB, which ranges from 4186 to 4190.
However, for a comprehensive analysis, we need to see the retesting of the Monday High. If the market holds above the New Week Open Gap (NWOG), then my long target will be in the range of 4198 to 4200.
Please note that the Monday High at 4222.75.
ES short-term analysisToday I want to see fill of the 1h Breakaway Gap - 4139.
My key level 4125. This is buystops level. Pretty sure it will want to test it to complete ATM/ICT Mentorship Model.
My Pre-market Plan for May 24, 2023:
Bullish Scenario - Break above 4165 (short-term BSL, 4163 NY Midnight Open Price as well) can bring some bulls —> 4175 - this is "NWOG" - 04/16-04/21.
Market looks more bearish anyway. Once it tested 4175 level and failed to hold it, I am going to play long w/ target at 4186-90.
1h OB - 4190 + 1h FVG.
Bearish Scenario - Break below 4132 ("NWOG" - 05/07-05/12) will give short trade opportunity with target at 4126.
Next my trade can be below 4120 - SSL on 1h chart.
Once it breaks this SSL level, it will open the room to the 4111.
Key Levels for long today: 4158, 4168, 4185
Key Levels for short today: 4131, 4122, 4104
ES short-term analysisWe have 1h Breaker block 4213.75-4220.50. We might see possible bounce to this BB and a drop to the 15m Breakaway Gap - 4177.
But it can drop from 4204 - there is 15m FVG there + 3m BB.
Break above 4227 will bring us to the 4244. This is Buyside Liquidity level.
I want to see fill of the breakaway gap first. 4177 and 4170 my key levels. They act as a magnet for the price. Once it fails to hold 4161 - SSL, we are going to have short trade opportunity with target at 4145. There is 15m Liquidity Void
Binance Coin just about hangs on to $305- but this could changeWeekend could see reduced volatility and Monday could set the direction for the coming week. With that in mind, the market structure of BNB is bearish
H12 bullish order block at $300-$310 saw a strong reaction in early April, but each retest had a weaker bounce. When this zone is eventually shifted to a bearish breaker, a retest can offer a shorting opportunity.
Entry: $309 (after a session close below $300)
Take-profit: $289.9 (23.6% extension level)
Stop-loss: $317.8 (resistance, and a move above will break structure to bullish)
R:R- 2.28
ES Monthly Analysis After Market Structure Shift, it bounced right to the Monthly Breaker Block and started selling off to the Monthly Measuring Gap.
Looks like ICT 2022 Mentorship Model to me. I want to see bounce to the 4232-35 level. This is 50% of the long wick on the down candle that touched Breaker Block.
After that I want to see sell off to the Internal Liquidity level at 3500. Break below 3500 will bring us to the 3380. This is Mean threshold of the Monthly Order Block
ES AnalysisES inside the 4h FVG and 4h Breaker Block.
Sunday Open:
1) Possible pullback to the 15m Breaker Block and bounce to the 4147-4153.25 will be great to see.
There is 1h Breaker Block (4149.50-4153.25).
Break above 4166 should offer the test of the daily Volume Imbalance at 4179.50-4185.75.
2) Failure to hold 4h Breaker Block should offer short opportunity to the 4h OB. 4087.25-4079.75 where 4079.75 is mean threshold of this Order Block.