Fractal
GBPJPY 4hr LongGBPJPY
✅4hr Long✅
💰ENTRY: 197.187
💰STOP LOSS: 196.395
✅TP TARGETS✅
⏰TP1: 197.980
⏰TP2: 198.750
⏰TP3: 199.544
✅ 1. Price has been breaking bullish and trending above the 10/20/50/200 EMAs.
✅ 2. Price has made a nice pullback into the 10/20 EMAs making a valid correction.
✅ 3. Price has made a 123 Advanced Engulfing candle above the 50ema.
This is a great example of the 123 engulfing strategy.
EURUSD 4hLike I said, I want to see a clear order flow shift where supply fails and demand holds when we react to the weekly/daily demand zone. We can see that this demand zone is an A+ demand zone with a sweep of liquidity and an impulsive move. We swept the Internal Range Liquidity (IRL), and this could be enough for the price to change order flow. We can see that the First Level of Respect (FLOR) has just failed, and we are now trying to test the Daily Last Point of Demand (LPOD).
As I mentioned, we are bullish on the weekly and daily timeframes, so what I want to see is a clear Market Structure Shift (MSS) on the 4-hour chart, which we have now gotten. I would not take the trade just yet; I am looking for more confirmations on the lower timeframes, like the 15-minute and 5-minute charts, before executing on the 1-minute or 5-minute chart
Bitcoin Short-Term Fractal vs. Sep 30, 2023I believe Bitcoin has found its base bottom at $50K. However, it will take a lot of time to develop an uptrend after the 6-month long consolidation. The next price action can be compared with the bottom forming around September 30, 2023. Tomorrow, a FED rate cut could be a catalyst for Bitcoin to surge.
DC. Parabola?If you look closely, you can see a parabola forming here, originating from $0.000215 level. Probable level of the parabola top may be equal to the height of the channel - that is, the level to which the price will reach upon breaking through descending channel. Again, the price has touched the level of June prices. This means that we have a sideways trend for 140 days and those who accumulate in it are buying the bottom.
DC. Growth potential x10 in 8 days.If we extrapolate the historical chart to the present time, we can assume that asset is capable of experiencing a similar upward movement. Given the bull market factor and ratio of assets in liquidity pools on decentralized exchanges, x10 may only be the beginning of global growth.
AUDCHF 4hr ShortAUDCHF
✅4hr Short✅
💰ENTRY: 0.56977
💰STOP LOSS: 0.57156
✅TP TARGETS✅
⏰TP1: 0.56801
⏰TP2: 0.56614
⏰TP3: 0.56441
✅ 1. Daily Time Frame: Price has been breaking bearish and trending below the 10/50/200 EMAs.
✅ 2. 4hr Time Frame: Price has made a valid pullback into the 10 EMA with at least 2 bullish candles.
✅ 3. Price has made a 123 Advanced Engulfing candle below the 50ema.
This is a great example of the 123 Advanced Engulfing strategy.
Could this be the EURUSD bullish move to rebalance price? As we've seen TVC:DXY rallying upwards after serious economic struggle I'm seeing price needs to rebalance.
The TVC:US10Y is also showing me signs of price rebalancing reinforcing this idea.
Price could potentially continue higher than the 1.09500 Mark depending on how the election goes and other economic factors but just to be safe I'm looking to hit that price and close most of my bullish positions if not all.
I'm hoping to see the inverse happen on OANDA:EURUSD as the past 4 days we've been sitting around the 1.07700 price range. This has come after a steep drop just after liquidating previous highs so a reversal is looking promising to me.
Something to bear in mind is OTE of the range from the 16th of April to the 25th of September of this year; Price has entered this area and is currently bouncing in and out of said area.
Though this is very promising DXY could still rally higher coming towards the election day and send EURUSD bearish.
Happy trading :)
NAS100 4hr LongNAS100
✅4hr Long✅
💰ENTRY: 20414.0
💰STOP LOSS: 20339.4
✅TP TARGETS✅
⏰TP1: 20488.4
⏰TP2: 20562.9
⏰TP3: 20635.5
✅ 1. Daily Time Frame: Price has been breaking bullish and trending above the 10/50/200 EMAs.
✅ 2. 4hr Time Frame: Price has made a valid pullback into the 10 EMA with at least 2 bearish candles.
✅ 3. Price has made a 123 Advanced Engulfing candle above the 50ema.
This is a great example of the 123 Advanced Engulfing strategy.
Buy Position on #BTC 1H has been Triggered..MEXC:BTCUSDT 1H
As I Wrote yesterday we had to wait till price dip down to the DP.i point of interest box.
then we got a confirmation signal to get into a buy position.
as you see my chart, we have a SCOB type confirmation signal.
then we can buy here on a 2.6 Risk to Reward (R/R) position.
Hope you enjoy the ride..
I will update Bitcoin regularly..
Take Care
#BTC #Crypto
Bitcoin Buy Signal (1H)MEXC:BTCUSDT
As we knew before that when IDMs got grabbed,
after getting a SCOB on our structure time frame,
or wait for a ChoCh on the lower time frame (which now the LTF is 5 mins chart),
we can get into the position (which here is a Buy Position).
And now we had a ChoCh on the 5 mins time frame on Bitcoin which allows us to open a Buy Position.
P.S: Money & Risk Management is Crucial, Because nothing's certain in the market. :)
I will update Bitcoin regularly,
Follow me on TradingView for more.
Happy trading..
Cheers,
Aurio
Bitcoin 1H Buy Position SignalMEXC:BTCUSDT
As soon as the IDM.i has been grabbed, we waited for the SCOB to form.
And a few hours ago the SCOB has been formed and it allowed us to enter the Buy Position.
The target is reward 2 and 3 at least.
But always remember:
Trading is a long-term game which is survival depends on the Risk & Money Management we planned before.
"KEEP CALM & OBEY YOUR PLANS."
I will update Bitcoin regularly.
Happy trading..
Cheers,
Aurio
#Crypto #Trading #Bitcoin #markets #Finance #Forex #BTC
Buy Position on GBPusd (Reward 6.5)OANDA:GBPUSD
In order to the EX zone in 4H time frame,
We go to 15m time frame to enter the buy position more efficiently.
Note: In EX zones, we can enter the position without any confirmation, but we always get better win rate by waiting for a confirmation signals to form.
The confirmation signals in my strategy (Tactical Smart Money) are two kind:
1. SCOB (single candle order block)
2. ChoCh in lower time frame
As always: Make sure you have a good partial exit plan, AND
"KEEP CALM & OBEY YOUR PLANS."
Happy trading..
Cheers,
Aurio
#Crypto #Trading #Bitcoin #markets #Finance #Forex #BTC CRYPTOCAP:BTC
Buy Position (REWARD 9) opportunity on GOLD 1HOANDA:XAUUSD
As you can see
Gold is on a important level on weekly time frame.
Which could hit the last ATH and then rest for a few weeks/months.
So that now we can take a Buy Position on 1H time frame to the new ATH (Minor Extreme mentioned as EX.i).
Its Reward to Risk is about 9 to 1, But it's better to save some profits after Reward 2-3 and higher.
In other words, the more rewards we get, the less position size we should have.
Make Sure You Have a Good Partial Exit Plan.
"KEEP CALM & OBEY YOUR PLANS."
I will update Bitcoin regularly.
Happy trading..
Cheers,
Aurio
#Crypto #Trading #Bitcoin #markets #Finance #Forex #BTC CRYPTOCAP:BTC