Choch
BIGTIME bullish againBIGTIME caught pur attention after Sunday massive pump we see BIGTIME shift structure from downtrend to uptrend in HTF so I will advice we have patient for 4hrs bullish OB tp be mitigated or we wait for CHoCH in LTF like 15mins OR 30mins TF
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COTIUSDT.PAs depicted on the chart, both the 4-hour and 1-hour trends indicate an upward movement in the market. Additionally, the price is approaching the 4-hour Point of Interest (POI), which is considered a strong zone due to the significant uptrend. Therefore, placing a pending order for a buy position seems more probable. However, it's advisable to set the take profit (TP) after the completion of the 1-hour trend.
USDCAD 4H Triple Top PatternUSDCAD 4H TF. There is a potential triple top pattern because of strong resistance area it means Short if it break the swing low. But if the price go up and break the resistance area you can find best entry setup with lower TF such as 1H 15M 5M. But be careful because on 13 February 2024 there is a Inflation Rate News which is high impact for USD.
NMR LongNMR caught our attention this morning..... Looking into HTF we can see NMR is currently bullish and also on 15mins TF which confirm a good entry for it.....
Wait for good retest of the entry and a take a long from there to the previous swing high
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ICP inefficiency about to be fillICP is the trade that caught our attention today... After a long consolidation below we see good movement to the upside but unfortunately ICP facing huge resistance on 4hrs and 1hr TF....
When ICP pumped previously we cool see a CHoCH in 4hrs and 1hr TF to the downside with an inefficiency left behind...I'm expecting ICP to fill the inefficiency today and mitigate the unmitigated bearish OB on 1hr TF.... Be patient for the entry and manage your risk
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SEI CHoCHSEI finally go through the manipulation zone by breaking above to induced longer and finally CHoCH to the downside as initial movement because 4hrs currently bearish and LTF just confirmed the movement to the downside
Anyways, wait for retest of bearish OB above which is our entry and take a short from there
Wait for entry and don't be too greedy
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UMA awaiting CHoCHUMA currently bullish on all TF and break structure to downside to trap some traders before leg up...... If UMA change character on 30mins TF to upside, I will wait for retest of bullish OB below so I can take a perfect long
Be patient and don't force it
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💹A trading opportunities - Short USDCAD retracementLook no further! Our analysis shows that USDCAD is currently in an uptrend in 4H or above timeframes. However, we’ve identified a potential opportunity for a short trade. Key Level 1.3480 has been broken, and we’re waiting for a retest on resistance levels (as marked as Sell limit levels on chart). If all goes well, we could see a touch on 1.3453 and gain some pips from this short trade. More take profit levels and the stop loss are marked on the chart too. 🤑🤑🤑
I hope this helps! Remember, trading is risky and always do your own research and analysis before making any trades. Good luck! 🤞
🇪🇺 EURUSD 🇺🇸 - Attempting to change the uptrendThe market is forming a consolidation while waiting for news in the US, as it is impossible to know in advance what the data will show. Earlier the currency pair broke the support of the uptrend and apparently there is a chance to see a retest of the resistance before the price falls towards 1.075
Reasons for the fall:
1) Structure breakdown, price breaks support and forms consolidation
2) Market mood changes after an attempt to change the trend
3) The dollar is rising, against this background the euro may fall
4) Retest of resistance before falling
TIA CHoCHTIA went through manipulation after series of BOS to the downside on 15mins TF.... The plan is to wait for TIA to change character to the upside on 15mins TF and wait for retest of the bullish OB so we can take entry from there..... Wait for CHoCH to create before jumping into it
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MAV CHoCH to upsideLooking into MAV on LTF we can see it CHoCH to the downside with BOS followed but bull was able to drag the price to break above previous HL..............
And looking into the demand area we can see there is unmitigated bullish OB and which is where our entry is...... Wait for entry and long from there and do always remember to manages your risk
Wait for entry
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BIGTIME FIB levelBIGTIME UPDATE: BIGTIME literally did pump over 45% from bottom yesterday but looking at the chart with 1hr TF I can see BIGTIME is extended and we need to let it cool off before we can take a entry as there is unmitigated bullish OB below around 0.31 but which FIB retracement tools I can see 0.36 is a perfect place to FOMO as the 0.618 FIB
Watch the price carefully around 0.36 which is 0.618 FIB level, if we see good price reaction there we can take entry and long to daily Higher high
Be careful and watch carefull
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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.
ARB ShortARB Shifted to the downside by creating CHoCH and BOS with good inducement to trap shorters before mitigating the unmitigated bearish OB above the inducement.............
Wait patiently for the entry to mitigated and a take a short from there......
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DOT look juicyDOT really look nice as is currently in an uptrend in all TF but there are liquidity below and DOT is ready to grab that below before pushing higher...... Please don't be induced into this market but longing in CMP...... Wait for the liquidity to be swept before entering into it...
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ACE CHoCHACE really did good run up to the upside but as we can see liquidated retailers by changing character to the downside but immediately did nice ChoCH on 1hr TF to the upside and I'm waiting for retest of the bullish OB below for another leg up to $20 at least..... Wait patiently for entry and long from there
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Could GJ make it to the weekly high?Hi Y'all! Welcome back to my page for another GJ analysis. Let's get into it!
On the Daily, I can see a pattern where GJ will keep moving up levels after a big drop making higher highs and lower lows. GJ stopped at the last Bullish Order Block, but has not closed below which indicates to me that GJ may not be ready to go lower right now. IMO, GJ is getting ready for another push up. The next target would be around 190.000. This will bring us right below the past Weekly high.
With this being said, If the CHOCH pattern is valid- here are my Entries, and TPs.
Entry: 182.850/183.000
TP 1: 184.000
TP 2: 185.000
SL: 182.100
Good Luck!
*DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
EURUSD - Change of Character 📉Hello Traders !
On The Daily Time Frame, The EURUSD Price Reached A Strong Resistance Level (1.10356 - 1.10045).
Currently, The Price Failed To Create a New Higher High.
The Last Higher Low is Broken (ChoCh).
So, I Expect a Bearish Move📉.
i'm waiting for retest...
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TARGET: 1.06750🎯