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Breakofstructure

so what now ?this week's been a bearish week so far , BUT ; we are still making HH & HL in HTF , and every break had the characteristics of a BOS . second leg into an order-block means trend reversals to me and its not a professional idea its only based on my own experience . not gonna lie ,i didn't see prices bellow 25K as a possibility .so im not perfect . (guess u already knew this 😂) for me there is only two possible ways ; we either go for 42K liquidity , or come back for what was once a market bottom bellow 20K , which is BAD !! me personally am now bullish , but with more protective stop considerations ! i presented my roadmap in the chart i uploaded , i will comment later ideas down here , so ... make ur own researches and please feel free to comment if u have any questions or ideas to help each other out ! 😉 a trader, Hamid
CRYPTO:BTCUSDLong
by hamidking82
1
Crypto Comeback 🌟🌟🌟Ever noticed how after a market correction, there's often a rebound that seems to defy gravity? Well, hold onto your digital hats, because we're diving into a cool phenomenon – the "twice as nice" rule of post-correction surges. 🔍 The Dip and the Rise: So, picture this – the market takes a little dip, a breather, if you will. Then, out of the blue, it bounces back, but not just any bounce – one that's at least twice as big as the initial dip. That's the rule we're talking about! 🚀 Power of Momentum: This phenomenon is like a spring being compressed before it's released – the further it was pushed down, the higher it soars up. It's the market's way of saying, "I'm back, and I'm stronger than ever!" 💡The Bigger Picture: Think of it as a growth spurt. The post-correction surge isn't just about recovering losses; it's about surpassing previous highs and reaching new peaks. It's a sign of a resilient market. 📈Traders' Playbook: Traders love playing this game. They strategically buy during the dip and ride the wave of the rebound. It's like catching a double-decker bus to profit town! So, what's the takeaway from this dynamic duo rule? 📊 When the market dips, don't lose heart – it might just be gearing up for an even more impressive comeback. Remember, each dip can potentially set the stage for an exhilarating ascent. Stay curious, keep an eye on those charts, and get ready for the market's next thrilling act! 🚀🎢 ❗See related ideas below❗ Follow + Like this post and leave a nice comment, it will allow me to move faster and make more useful content! 💚💚💚
Long
by Yaroslav_Krasko
Ethereum -> Buy Low And Sell High!Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪 If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so everything looks like we are starting the next major bullish crypto cycle. With Ethereum once again retesting the weekly bullish trendline and also forming a continuation symmetrical triangle pattern I am just waiting for a bullish breakout before I then do expect more upside potential. The daily timeframe on Ethereum is currently bearish though so I am waiting for a breakout of the decending channel formation and a break above previous resistance and then the daily is also ready for a bullish rally. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
COINBASE:ETHUSDLong
by basictradingtv
34
Continental CON Long term bullish cycleOur probability indicator has observed Long Term BOS (Break-of-Structure) on Daily TF. Essentially what that means is that we closing in on bearish cycle for XETR:CON and new bullish leg is forming for longterm continuation of new bullish cycle. We expect further bearish correction to 68.30 - 64.80 zone ( Current Inverse H&S pattern support zone ) where conditions for perfect LONG entry occur. Take-Profit should be set within High resistance zone 114.50 - 139.30
XETR:CONLong
by wikitrades
Frying Golden NuggetsProgramming the mind to follow my plan every day is challenging. In order to secure a future as a trader, I must follow my own rules. Today I was able to capitalize on my principles, and I like to share it today. I was able to secure profits, by planning a day ahead. Price already rejected to this area yesterday. This is also the lowest low OANDA:NAS100USD formed. I am managing to stick to my trading plan little by little. A major lesson I have learned is to allow the price target to mature. This trade was triggered in my sleep. My main lesson is to go with my gut when determining when to get out. As you can see, in USA session, the price started to retrace shortly after ten thirty am. My most profitable trades come from going with the trend. But in this particular trade, I went against the trend and entered a break of structure. It was a good 1:6 risk-reward ratio. For The First Time This Week, I am witnessing a potential exhaustion of a bullish trend. If the price stays below the white line, we are looking for short positions in the future. If the price breaks above the white line, we are looking for long positions! In conclusion, I'd like to share my trading journal entry.. DID I FOLLOW MY PLAN? Yes. I exercised Break Of Support ALLOWED the price to hit your entry poiint CLOSED THE TRADE IN SESSION. WHAT DID I DO WELL? 1. Identified Trend Exhaustion in Previous Session. 2. Stuck To My Trading Plan by entering at break of support.. 3. Exercised good risk management, by setting a stop loss. WHAT CAN I DO BETTER? 1. Set a Higher Lot Size. Double Down 2. Allow the trade to cook until I see potential trend exhaustion.. WHAT DID I LEARN? 1. Following My Plan Is Profitable 2. Using One Simple Strategy Is Okay To Increase My Success 3. How To Enter The Market At A Break Of Support DID I PREPARE PROPERLY? YES, I entered a trade in my session with confidence with several of my confluences in my technical analysis. This time I set my price at support, and wait for a confirmation. The Small Wins Count. Your subconscious mind will be simply impressed
OANDA:NAS100USDShort
by Cashflowmarcofx
📊 Market Structure: BOS VS CHOCH📊What is market structure? Market structure is the levels that are created by the price of any currency as it moves up and down. Price never moves in a single direction for too long. It always takes a few steps in one direction, then moves a few steps back, then a few more steps, then a few steps back. Over time, these steps form distinct structures in the market: zones of consolidation, zones of support, zones of resistance, and zones where price impulses up and down. Market structures that form in the past are often respected in the future, and analyzing previous market structure can form a basis for a trading plan. BoS carries on in the same direction it was initially heading in where as a CHoCH can be viewed as the Markets turning point 🔷BOS - Break of structure forms in the direction of the trend creating continuation patterns. Break of recent Lower Low when bearish or break of recent Higher High when bullish. 🔶CHOCH - Change of character form at the end of a trend. For example, if we see an uptrend in the market, characterized by higher highs and higher lows, this means that the overall trend remains bullish. However, when a new high is formed and then impulsively broken to the downside, this could signal that the bullish trend might be coming to an end, and that a possible choch transition may be happening. 👤 @algobuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
Education
by QuantVue
7
GOLD SHORT TERM INTRADAY IDEANEWS PREPARATION FOR TONIGHT ( 18 Jan 2023 ) Technical - Liquidity grab during YCC News whereby there was short term DXY strength due to the weakness of the JXY. Price came back up and engulfed multiple 4hr candles to the left breaking this bull flag ( correction ) as seen on the chart. - Higher highs are forming now which we may see a shift in market structure again. Overall Gold is still very bullish and will not rule out our target at 1958 if 1928 breaks. Fundamentals - Gold has been very bullish due to a decrease in inflation and rising hopes for a fed pivot. - Tonight economic data would be ideal if the PPI prints either as per forecasted or prints a decline in PPI. - Retail sales printing lower than forecasted , worsening industrial production If these news prints in favour of a worsening dollar, do expect DXY to crash and Gold to continue its bullish momentum to retest 1928 key level. Upon breaking up possibly 1958. If the news prints vice versa, we will expect the dollar to go up and gold to crash. Either ways wait for news to be released and candle sticks to print. Do not fomo. What i do not want to see is mixed data whereby we may get poor ppi data and subsequent news at 10.15, 11 to show good data. This might cause consolidation through Asian the following day.
OANDA:XAUUSD
by CJ_GOLDPIPS