Breakofstructure
GPUSD ShortOANDA:GBPUSD
GBPUSD broke trend line structure based on the 4H and 1H further broke the 4H support line with a long bearish candle. As I look for entries on the 15min timeframe I see price attempting to make a retest on the 4H support/resistance, and the fibs show a 38.2% fib retracement which is in confluence with the 4H resistance. The 21 EMA is above the 8 MA indicating a downtrend bias. A bearish engulfing candle on the 30 min or 15 min will confirm a sell setup.
GBPUSD BullishOANDA:GBPUSD
GBPUSD came from a bearish market with LL's and LH's, at the last LH, Price made several touches at the same level of the LH, failing to break structure and went further down and failing to make a new LL, testing the support line of the trend line and it pushed up breaking resistance and retraced to create a new HL.
break of structure so btc broke a down trend structure. now all we have to do is wait for price to coome back down 1 last time to mitigate the last down candle before taking back off to the up side, this might take a couple days for the retracement. so we just have to be patiently waiting. i do have 2 points of interest, 1 is on the weekly and my second on the 4hr time frame,
Potential Shark Forming 🦈🦈GBP/CHF - Potential daily Shark forming, we have multiple HTF BOS and bullish PA on the LTF's, remember this is a retracement on the HTF as price is currently trending down, but I'm looking for price to hit the D point (And I am looking to trade up to there also, but I trade momentum/intraday so I trade both directions)
If price hits the D point we will get a nice reaction (So set an alarm for that zone) then if price breaks again to the 1.13 we could get a trend change! But lets see!
Let me know your thoughts! \
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
$BTC Broke Structure-Weekly Bearish Order Block Rejection *SMT**SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward Liquidity and Balance. That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
Bitcoin has made a mad dash this week crawling on top of a Daily Fair Value Gap. But if you look at the weekly chart, it has just touched the Weekly Bearish Order Block which should reject it eventually. However, with the new u [rising this past week Bitcoin did break structure and I have marked that in the main chart. There is also a Breaker just below it. So this could take a few days to unravel but I think It will start to fall getting a lot of retail traders to chase it as a Short. When price stops just at the Bullish Breaker Area of 38767.57 on the coin base Chart.
Here is the weekly where you can see the smart money Bearish order block weekly rejection.
So Again, watch for that rejection and expect retail traders to bit short on it and the chart should turn around at the breaker area. That low point would probably happen by Tuesday/Wednesday this week as it starts to create a new weekly profile. Let me know what you think or if you think it will drop and not come back up?
Happy Trading! = Bodies X Wix
BINANCE:BTCUSDT
COINBASE:BTCUSD
BITSTAMP:BTCUSD
BITFINEX:BTCUSD
FTX:BTCUSD
GEMINI:BTCUSD
OANDA:BTCUSD
TRADESTATION:BTCUSD
KUCOIN:BTCUSDT
PHEMEX:BTCUSDT
OKEX:BTCUSDT
COINBASE:BTCUSDT
POLONIEX:BTCUSDT
FTX:BTCUSD
Bullish Order FlowThis weeks price action was phenomenal on EURUSD. We had a clear bullish run respecting the order flow of the move.
After each break of structure, price was mitigated back to the order block that caused the breakout.
Over and over like clockwork.
If you can understand and grasp concepts like this, you can trade and stack positions when we have clear trending weeks.
330 pips bagged and I called the swing right here on tradingviewI made it clear when I sent out this signal that if you're taking this trade, that you should hold with a swing mindset and 330 pips later, boom 💥 !...
With a 20 pips stop loss from 1.11200, we bought and held till price hit 1.14500...the data is all here !.
Divergence at the end of a trend cannot fail you when you know how to trade it, especially when italigns with your other confluences and then the smart money concept of order blocks and break of market structure and the likes.
Go ahead and view my profile here, you will find out that 98% of my ideas here are all divergent trades !.
Potential Crab Forming 🦀USOIL - Potential Crab Forming, bullish PA, price is currently rejecting from the daily break of structure with bullish momentum, I'm looking for either a retest from a LTF demand zone or another retest of the Daily BOS before taking this long. (LTF tells the story for entry!)
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
EURUSD DailyClean bearish break on eurusd this week. May not have been the easiest week to trade but its left some very nice price footprints behind.
Break of the low leaving daily imbalance behind. There is an open of a daily order block at the fair value of the imbalance left behind. this sits at around 1.3000 and we could see short term pull backs to here.
It does look like mid term targets price could be aiming for some old imbalance at around 1.10000
It can do 2 things The market has a high chance of touching the demand zone and the trendline and bouncing up
- it can shoot up and make a breakthrough in the supply zone and retest and then shoop up again.
- the market can shoot up and hit the supply zone then fall and dip down into the demand zone