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Fvg

GBPUSD ShortMARKET PHASE OANDA:GBPUSD is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price then started it's initial move down and actually sustained selling pressure for some time. Due to the velocity of the downward move, priced gapped around 1.26494. During this mornings US GDP data, price spiked up and retraced exactly to this level and hit our sell limit. We are now in a short with the following parameters: TRADE Sell Limit: 1.26494 Stop Loss: 1.26644 (Price hit 1R so SL moved to 1.26569) Take Profit: 1.26194
Short
by Mankz
GBPNZD Long TradeMARKET PHASE OANDA:GBPNZD is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break lows within the corrective structure until it began to hold the bottom. There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy orders needed to take price up. Price has now started it’s initial move up but due to the velocity of the upward move, it's gapped orders around 168.624. Price has retraced back to this level to meet the demand, we can now expect a strong push upwards in the direction of the larger trend. TRADE I've entered my long position on OANDA:GBPNZD as follows: Buy Limit: 2.10254 Stop Loss: 2.10099 Take Profit: 2.10564 RISK MANAGEMENT R Ratio: 2 Equity at stake: 1% Trail SL to 50% @ 1R Profit
Long
by Mankz
GBPCAD Short TradeMARKET PHASE OANDA:GBPCAD is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price has already started it's initial move down, the velocity of the downward move caused a gap in price around 1.71512. Price has not retraced to this level, we have our sell limit pending. TRADE I will be entering short on OANDA:GBPCAD with the following parameters: Sell Limit: 1.71512 Stop Loss: 1.71762 Take Profit: 1.71012
Short
by Mankz
CHFJPY Long TradeMARKET PHASE OANDA:CHFJPY is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break lows within the corrective structure until it began to hold the bottom. There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy orders needed to take price up. Price has now started it’s initial move up but due to the velocity of the upward move, it's gapped orders around 168.624. Price may retrace back to this level to meet the demand on Sunday night EST or during the first London session next week. Once price reaches this level, we can expect a strong push upwards in the direction of the larger trend. TRADE I've placed my buy limit order on OANDA:CHFJPY as follows: Buy Limit: 168.624 Stop Loss: 168.384 Take Profit: 169.104 RISK MANAGEMENT R Ratio: 2 Equity at stake: 1% Trail SL to 50% @ 1R
Long
by Mankz
1
GBPNZD Long TradeMARKET PHASE OANDA:GBPNZD is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy orders needed to take price up. Price has now started it’s initial move up but due to the velocity of the upward move, it's gapped orders around 2.09770. Price may retrace back to this level to meet the demand as we expected. Once price reaches this level, we can expect a strong push upwards in the direction of the larger trend. TRADE I will be entering long on OANDA:GBPNZD with the following parameters: Buy Limit: 2.09770 Stop Loss: 2.09360 Take Profit: 2.10590
Long
by Mankz
EURNZD Long TradeMARKET PHASE OANDA:EURNZD is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy orders needed to take price up. Price has now started it’s initial move up but due to the velocity of the upward move, it's gapped orders around 1.79741. Price has now retraced back to this level to meet the demand as we expected. We've just entered our long position with the following criteria, expecting price to continue its longer term uptrend... TRADE OANDA:EURNZD long position opened with the following parameters: Buy Limit: 1.79741 Stop Loss: 1.79514 Take Profit: 1.80195
Long
by Mankz
1
CHFJPY ShortMARKET PHASE OANDA:CHFJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. During London session, price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price has started it's initial move down but due to the velocity of the downward move, it's gapped some orders around 170.280. Price has retraced to this level to capture additional supply. TRADE I have entered short on OANDA:CHFJPY with the following parameters: Sell Limit: 170.280 Stop Loss: 170.490 Take Profit: 169.860
Short
by Mankz
2
Bitcoin's Retracement: Back down to the 50k~60k rangeBitcoin is currently in a retracement move, making many nervous, but there is nothing to worry about. This pullback, while notable, is not unprecedented in BTC's storied history. However, it sets the stage for a potentially massive pump following the upcoming halving event, thanks in part to the burgeoning presence of Exchange-Traded Funds (ETFs) by Blackrock and the like. The Retracement: A Brief Overview Bitcoin's latest retracement could see a retracement as low as $51,968 and as high as $59,000, reminding us all about Bitcoin's notorious volatility. Such corrections are not unusual in the lead-up to Bitcoin's halving events—periodic occurrences that halve the reward for mining new blocks, effectively reducing the new supply of Bitcoin by half. Historically, these retracements have been precursors to significant price rallies, as the reduced supply tends to lead to increased demand among investors. The Halving: A Catalyst for Growth The next Bitcoin halving is poised to occur on approx 18th of April 2024. In fact, for the first time in Bitcoin's history, has the ATH (All Time High) been broken BEFORE the halving, which suggests a strong preparation for a massive imminent pump. The logic is straightforward: as the reward for mining new bitcoins decreases, the scarcity of the asset increases, which can lead to a rise in price if demand remains constant or increases. ETFs: The New Players in Town Adding a new layer of potential to the post-halving landscape are the Exchange-Traded Funds (ETFs) focused on cryptocurrency. ETFs have opened the doors for a broader range of investors to enter the Bitcoin market, offering a regulated and potentially less volatile means of investment. The introduction of Bitcoin ETFs has been met with enthusiasm, as they provide a bridge for traditional investors to gain exposure to Bitcoin without the complexities of direct cryptocurrency ownership. The presence of ETFs is significant for several reasons. First, they signal a growing acceptance of Bitcoin within the traditional financial ecosystem. Second, they increase the liquidity of Bitcoin, making it easier to buy and sell large amounts without significantly impacting the market price. Finally, and perhaps most importantly, ETFs could attract institutional investors who have been on the sidelines, waiting for a more familiar and regulated entry point into the cryptocurrency market. Looking Ahead: A Massive Pump on the Horizon? The combination of the upcoming halving event and the increasing integration of Bitcoin ETFs presents a compelling case for a potential massive pump in Bitcoin's price. While the cryptocurrency market is notoriously difficult to predict, the historical impact of halving events, coupled with the fresh influx of interest and investment via ETFs, suggests that we could be on the cusp of the biggest bullish market Bitcoin has ever seen in its entire history.
Long
by Market-Pip-Factory
1
AUDNZD Long TradeMARKET PHASE OANDA:AUDNZD is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy orders needed to take price up. Price has now started it’s initial move up but due to the velocity of the upward move, it's gapped orders around 1.07524. Price is now retracing back to this level to meet the demand as we expected. Once price reaches this level, we can expect a strong push upwards in the direction of the larger trend. TRADE I will be entering long on OANDA:AUDNZD with the following parameters: Buy Limit: 1.07524 Stop Loss: 1.07344 Take Profit: 1.07884
Long
by Mankz
1
EURCAD-Ready to Short!We got a bearish trend change for EC. Now looking for trend continuation to take a short trade. We got the 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK! The 50% retracement and FVG are in line with previous support turned resistance- thus adding another confluence on this trade. This is looking like a very yummy short! Follow and Stay tuned my friends ;)
Short
by RomanaTrades
Chainlink(LINK): Will or When We Short?Chainlink caught our attention as well, with some decently high potential for the reverse to happen soon! We are monitoring the coin after multiple BOS and FVG zones are left on the lower zones, which are waiting to be filled. As the price had a nice breakup at $17.10, we are looking for that same sentiment to be re-tested. So we shared two potential entries for a short position here; now starts the waiting game. Swallow Team
Short
by SwallowAcademy
8
Weekly Chart AnalysisBitcoin is presently consolidating within both our monthly and weekly Fair Value Gaps (FVGs), while also taking liquidity. Should the weekly candle close above 53,245, there's potential for the price to extend towards our next Weekly FVG level at 60,000. At the moment, the price momentum is slowing down as a result of the overlapping monthly and weekly FVGs, suggesting a short-term bearish correction toward our weekly breaker block, which coincides with a weekly FVG below.
by infamous7