In this chart, we explore a third Bitcoin Fib-Time Cycles concept (3/5). Refer to the original idea for concept #1 or concept #2 (linked below). In this concept, we position Bitcoin within an unconventional greater two-cycle phase, where the current cycle, Cycle 2, contributes to a Supercycle. It offers a twist that may appeal to the more contrarian, as its...
Hello friends! I don't actually trade GBPUSD, but I think this can be a good entry if price dares to return sooner. PNG chart image:
TVC:DXY is currently trading in a consolidation pattern and is located in the premium end of the trading range between 104.447 and 103.013. The August 30 candle swept the short term daily sellside liquidity at 103.013 into the Weekly BISI fair value gap which was nearly totally rebalanced. Upon leaving the Weekly FVG range, it was repriced to the premium end of...
The breakdown of the structure in the 4-hour time frame is quite clear, and the price has strongly fallen to the EMA20, the price can first retreat or correct to the 6.137 level, and then we will continue the downward trend, the first target [/il can be the 5.67 point.
Back yet again with the Phase C continuation limit order entry model for swing trading, using ICT's SMC toolkit. This is again being documented as a reference for my future YouTube channel. This description took too long to write, sorry if price has moved away from where I got tagged in... So, these Phase C swing trades are proving to be a bane - the last one on...
Testing my own Phase C continuation limit order entry model for swing trading, using ICT's SMC toolkit. Fed sentiment: Hawkish? bond yields up/possibly more hikes/USD strength Trader sentiment: risk on? (Nasdaq rally/debt ceiling raise talks/inflation easing?) Supply/Demand factors: people still in employment and spending money means demand Overall sentiment:...
This is an updated plan for the macro Cup & Handle breakout Previous setup for the 30R Gold long didn't play out; the unconfirmed SMT divergence didn't get confirmed and there was no impulsive move away. The stop loss is larger due to the entry location. Not financial advice but if this trade idea inspires you, you could use an even bigger stop to avoid...
Hello guys I wish you the best. In my point of view dollar index in the most effectiveness market at all, therefore u need to be aware of it's behavior. Cheers 🥂
1. Price has come back to mitigate the 4H +FVG (Fair Value Gap) created on the 4th April, sweeping a PDL (Previous Day's Low) in the process to clean out the stop losses of anyone in early longs from this past week. This is an early entry signal and I have started to scale in with a scalp. (This higher risk trading, and not financial advice!) 2. Price has also...
Traders come in different shapes and sizes! Mentality can also come in different shapes and sizes! Some traders like to follow systems! Some traders use creativity to spot patterns! One thing won't work for everyone! but the Beauty is us traders have one thing in common... trading psychology it spares no one!
This is a re-entry to a 39R long that I posted the other week based on an inverted H&S on the daily timeframe. This time it's another 23R long based on a sweep of a previous day low which I scalped yesterday, and a scale in after a 15m choch/MSS and pullback to OTE. The strategy is the same, but this time it's based off a retracement to the top of this megaphone...
Testing extremely ambitious 39R long trade to $38k 😂 after sweep of Previous Day Low with a scalp as first entry, then scale in from 15m bullish Order Block and weekly candle close level. This should be interesting.
Testing one of my smart money concepts swing trading strategies using an early entry based on day trading setup. The setup normally involves a sweep of a 4h choch/MSS deep in premium/discount, then a daily pin bar or hammer, or a 4h choch. Previous Day Opening Gap has been filled on DXY as well as three months of liquidity swept. This early entry utilizes a long...
The following trade is an NFA and simply my personal trade. Please comment or share your questions.
I'm looking to take GU lower from that 1H supply zone . First TP will be the 30M imbalanced area shown on the chart, I'll be holding just a small part of my position afterwards if we get to break that low /demand.
5M buys to take the price into the 1H supply and Sell from there. Unfortunately, TV won't let me post it on the 5M timeframe, thats why is on the 15M. For the 1H supply short idea please check the next idea.
Looking to take out this "triple bottom" liquidity pool below
Unmitigated Order Block confirmed, we wait for price to go and fill the imbalance to the left on the Order block, then it wil be a good opportunity to sell USDCAD