Hello guys, I hope you are doing well. We have the gold chart in 1 hour time frame: For gold, if you remember, we had an bullish order block area, which moved up well upon reaching this area, and it has also started to move up in the return to the candlestick that was formed in one hour and the demand area was formed. The point that is important in the one-hour...
After many days of sideways choppiness between 29 & 29.5K. The pattern was broke sending us into that FVG I have mentioned in previous posts with a target of 26.5K. However, having dropped down to 28.5k and back up to 30k in 11 hours some volatility has been reintroduced into the market in the short term. I have mapped out a mini range that I am observing, the...
*SMT = smart money theory = see relasted tutoprial regarding what smart money is. Sm,art money is how the charts can be manipulated, and how y0ourself can be manipulated into believing a false sense technical analysis. With the price dropping in one day what iyt gained over the course of the week. The price has dropped below sell side liquidity levels, but to...
EDIT: MY BNAD FOR NOT STRETCHING OUT THE CHART OF HEAD O0F TIME, i WAS LOOKING AT ANOTHER CHART WHILE TYPING THE IDEA..... It's not pretty but I hope you get the point. SMT= Smart Money Theory, Please See the related Tutorial regarding smart money principles. Tripple high, possibly breaks a little higher, make people think it a break out and then it slams on...
Prices took a short term high, giving us a shift in market structure, looking for pullback into a bullish order block or imbalance for a potential long entry. We are going to look for a fill of the sell-side imbalance.
*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. I'm Sorry but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remembers...
Rally on JPN225 after hitting Bullish OrderBlock. Price aims to target buyside liquidity.
Reason: 1. Mitigated 4H OB 2. Divergence
Reason: 1. Divergence 2. Retest from potential spring 3. Mitigated 5min bullish OB 4. Market currently at the respective support zone
Reason: 1. Mitigated 30min OB 2. Mitigated Daily OB 3. Divergence 4. Break of Structure
Reason: 1. Break of Structure 2. Mitigated 30min bullish OB Watch out other blue zones, the lower price moves the better risk rewards ratio we get.
Small push towards upside then a big down move Reason: 1. Break of Structure 2. Price reacted to 4H bullish OB
Reason: 1. Potential Liquidity grab 2. Divergence 3. Approaching to 4H bullish OB
Reason: 1. Price approaching to 4H OB 2. Divergence 3. Falling wedge pattern
Reason: 1. Expecting to be bounce on MA200 2. Approaching to 30min OB 3. Divergence 4. Price is currently in Discount Market