Bitcoin is Bearish or Bullish?To analyze the INDEX:BTCUSD Bitcoin to USD (BTC/USD) chart using the ICT style, we focus on the following key points and concepts:
1. Overall Trend Observation:
The chart shows that Bitcoin's price has been in an upward trend starting from October 2023 and continuing until June 2024. Currently, a slight decline in the price is observed.
2. Liquidity Zones :
- **Buy-Side Liquidity**: At higher levels (strong resistances), there are buy-side liquidity zones that can be considered as targets for an upward move. These zones include around $72,500, which is seen as a major resistance level.
- **Sell-Side Liquidity**: At lower levels (strong supports), there are sell-side liquidity zones. These zones include around $60,000 and $55,000, which are seen as strong support levels.
3. Order Blocks :
- **Bullish Order Block**: There is a bullish order block in the area of $63,000 to $64,000, indicating buying interest in this zone.
- **Bearish Order Block**: If the price moves to lower levels, the bearish order block around $55,000 could be a significant area for a price reversal.
4. Fair Value Gaps (FVG):
- If the price continues to drop, there might be fair value gaps between $60,000 and $62,000 that could be filled.
5. Volume Analysis:
- Increasing volume during price rises confirms the upward trend.
- Decreasing volume during price drops can indicate seller weakness and increase the likelihood of a price reversal from support levels.
6. Key Levels to Watch:
- **Support**: $60,000 and $55,000 act as key support levels.
- **Resistance**: $70,000 and $72,500 act as key resistance levels.
Conclusion:
According to the ICT analysis, Bitcoin is in an overall upward trend but has recently seen a price drop. The price might move towards lower support levels before potentially reversing. Monitoring trading volume and price behavior near key liquidity zones, order blocks, and fair value gaps can provide good guidance for trading decisions.
Ict
Notcoin is Bullish or Bearish ?The chart is for the cryptocurrency pair BINANCE:NOTUSDT NOT/USDT from Binance , analyzed on a daily timeframe. Here is a breakdown of the analysis presented:
1. **Current Price**: The current price is approximately 0.015983 USDT.
2. **Price Zones**:
- **Fair Value Gaps (FVG)**: Two Fair Value Gaps are highlighted on the chart, indicating areas where price movement was rapid and may return to fill these gaps.
- The first FVG is around the 0.017000 USDT level.
- The second FVG is around the 0.013500 USDT level.
3. **Order Blocks (OB)**: These are areas of high buying or selling interest, often leading to price reversals.
- Two OB+ (Order Block) areas are noted, correlating with the FVGs.
4. **Liquidity Zones**:
- **Buyside Liquidity**: This is marked at a higher level, indicating an area where there may be a significant amount of buy orders. The specific levels are marked at 0.029300 USDT and 0.037000 USDT.
5. **Price Projections**:
- **Bullish Scenario**: If the price moves upward, it could aim for the buyside liquidity zones at 0.029300 USDT and then 0.037000 USDT.
- **Bearish Scenario**: If the price declines, it might target the lower OB and FVG areas around 0.013500 USDT.
6. **Volume Analysis**: The volume bars at the bottom indicate trading activity, with a notable increase during the recent price rise.
7. **50% Shadow**: A level marked as "50% Shadow" which might be an important retracement or equilibrium level.
### Interpretation:
- **Bullish Indicators**: If the price can sustain above the current FVG and OB areas, it may attempt to reach the higher liquidity zones. This bullish scenario is illustrated by the green and black arrows projecting upward movements.
- **Bearish Indicators**: A failure to maintain the current levels could result in the price dropping to fill the lower FVG, supported by the red arrows projecting downward movements.
### Conclusion:
This chart suggests a critical juncture where the price may either move up towards the higher liquidity zones if it can maintain above the current FVG and OB levels or potentially drop to fill the lower FVG if it fails to hold these levels. Monitoring the price action around these key zones and the volume dynamics can provide further insights into the likely direction.
USD/JPY LongContext:
• W and M showing (yet to be confirmed) rejections: Neutral with bullish touch
• Respecting Daily FVGs
• 2h big bullish FVG, 4h close above equal Highs
Idea:
• Entry in area between 156.600 - 156.15 with LTF reversal (e.q. 1h)
Scenario:
• Entry area should be approached without bearish FVGs
• 4h close below 156.49 (Equal Highs): Caution!
Scenario terminated:
• 4h Retracement below 156.15: Trade is off
Stop:
• Determined by your entry setup
Please feel free to comment with other ideas or questions.
US30USD: Potential Buy OpportunityGreetings, Traders!
Brief Description🖊️: Bullish momentum is building on US30USD after a retrace into discount prices, with potential for upside continuation.
Things I Have Seen👀:
- Bullish Momentum📈: Gain momentum after retrace into discount prices
- Respected Discount Arrays📊: FVGs holding, indicating potential for upside move
- Price Action📈: Push to upside to take H1 buy stops, followed by retrace into FVG
Analysis🔍:
- Anticipating hold of FVG and continuation to upside
- First Target Objective📉: H1 buy stops
- Second Target Objective📉: Order block, importance due to liquidity void needing to be filled
What's Important Now❗:
Monitor price action around key levels for confirmation of bullish continuation.
Kind Regards,
The_Architect
US30USD: Key Insights for NFP FridayGreetings Traders!
Brief Description🖊️:
Currently, on US30USD, I see the potential for a shift into bearish order flow. Price is at premium levels, indicating a possible sell-off from the bearish order block.
Market Analysis📉:
We have observed a bullish narrative throughout the week, with price reaching bullish objectives, including the bearish order block. For a detailed analysis, refer to the linked post:
Things We Have Seen👀:
This week’s bullish price action filled the liquidity void and tapped into the bearish order block.
Now, I am looking for confirmations that the order block will hold and if it does this will indicate bearish price action.
Bearish Targets📉:
The engineered trendline liquidity with sell stops.
Main draw: Daily sell stops.
What's Important Now❗:
This potential move could coincide with tomorrow’s NFP release. If the order block holds, we may see bearish momentum. If not, continued bullishness is likely.
Best Regards,
The_Architect
Trade Like A Sniper - Episode 27 - GME - (8th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing Gamestop (GME), starting from the 4-Month chart.
If you want to learn more, check out my other videos on TradingView or on YT.
If you are interested in private coaching, feel free to get in touch via one of my socials.
Trade Like A Sniper - Episode 26 - CNYUSD - (8th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing CNYUSD, starting from the 4-Month chart.
If you want to learn more, check out my other videos on TradingView or on YT.
If you are interested in private coaching, feel free to get in touch via one of my socials.
Trade Like A Sniper - Episode 26 - QQQ - (8th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing Investco QQQ Trust (QQQ), starting from the 4-Month chart.
If you want to learn more, check out my other videos on TradingView or on YT.
If you are interested in private coaching, feel free to get in touch via one of my socials.
GBPUSD - Short Trade Idea (ICT)Here is a short trade idea on GU.
On last Friday we had a volatile displacement to the downside, so I would like to take a short, targeting the SSL below, into a weekly FVG. Pretty straight forward trade. Price could go lower than that if the trade was correct in the first place, so I would likely leave a runner between 20-30% of the position at that point and trail my stoploss to breakeven.
Trade safe.
- R2F
Trade Like A Sniper - Episode 25 - BABA - (8th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing Alibaba (BABA), starting from the 6-Month chart.
If you want to learn more, check out my other videos on TradingView or on YT.
If you are interested in private coaching, feel free to get in touch via one of my socials.
R2F Weekly Analysis - 8th June 2024 (ICT Concepts)Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into it!
We had a big displacement to the upside on the DXY, causing many diametrically opposed assets/markets to fall hard, closing the week near their lows. As mentioned, I was waiting to see if we found support at the current monthly iFVG/OB. My only concern for us breaking lower on the DXY is the relative equal lows below, but if we did I believe it would be a fast one and recover back to the upside. My analysis is still fixed on a bullish scenario for the DXY, so i'm waiting for more confirms in the for of less bearish arguments and more bullish arguments to form.
- R2F
Trade Like A Sniper - Episode 24 - USOIL - (7th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing USOIL, starting from the 6-Month chart.
If you want to learn more, check out my other videos on TradingView or on YT.
If you are interested in private coaching, feel free to get in touch via one of my socials.
EURNZD: Buy Opportunity
Well, as you can see, the price hit the daily bullish FVG in deep discount and cleared the sell-side liquidity. Here in the hourly chart, we know the market structure shifted and we are bullish now.
Now we are on the buy side of the curve so we expect the price to stay above the key level and respect the bullish PD Arrays, like Order block and FVG that you can see on the chart.
We need LTF confirmation for entry.
💌It is my honor to share your comments with me💌
🔎 DYOR
🗓️06/06/2024
💡Wait for the update!
AUD/NZD ShortContext:
• Monthly neutral / sideways
• Weekly bearish FVGs, ignored bullish order block
• Clearly bearish
Idea:
• Short at daily FVG
Entry:
• Entry Range: 1.0774 to 1.0787
• Entry Signal: Reversal Setup on 30min - 1h
Scenario:
• Liquidity sweep above 1.0774 (dashed line)
• Avoid building a FVG on 4h
Stop:
• Above your Reversal Setup / Entry Setup
Scenario invalidet
• 4h Close above 1.0771
→ Next location would then be 1.0806
Please leave a comment if you have any suggestion or question.
Trade Like A Sniper - Episode 23 - TLT - (7th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing Ishares 20+ Treasure Bond ETF (TLT), starting from the 6-Month chart. (For some reasons I read "Ishares" as "Israeli" XD.
Trade Like A Sniper - Episode 22 - PYPL - (7th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing PayPal (PYPL), starting from the 6-Month chart.
Trade Like A Sniper - Episode 21 - INTC - (7th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing Intel (INTC), starting from the 6-Month chart.
ES1! PM long opportunity using algorithmic levelsToday we'd seen beautiful reaction to algorithmic levels! +1/3 AWR acted as support after yesterday push above it and -1/3 ADR likewise! another confluence was D -M OHLC statistical mapping (tool) and H4 IFVG!
ADR is usually TRUE Support & Resistance! and most of the time we can use it within Higher Time Frame context. same goes with OHLC statistical mapping when we are bullish we use -manipulation! combining this with ADR/&AWR can be really helpfull!
Trading GBPUSD | Judas Swing Strategy 05/06/2024 At 8:25 AM EST, we got to our trading desk and started the day doing the basics on our Judas Swing strategy checklist which includes:
- Making sure the timezone is set to New York time
- Making sure we're on the 5 min timeframe
- Marking the trading period from 00:00 - 08:30
- Marking the high and low of the zone
We then waited for liquidity to be taken on either side of our trading zone, which will give us our directional bias for the trading session. Liquidity was taken at the highs after 15 minutes, signaling our focus would be on identifying potential selling opportunities.
Precisely at 10:00, there was a significant bearish shift in GBPUSD that broke the structure, creating an FVG in the process. Keep in mind that high-impact news for the USD occurred at 8:15 and 10:00 EST, which can influence price movements.
We then waited for price to retrace, filling or touching the created Fair Value Gap (FVG), and only executed our trade once the candle that touched or entered the FVG had closed.
After executing the trade, price initially moved against us to fill part of the FVG left behind, it later moved slightly in our direction. However, it took a turn towards our stop loss. Despite this, we maintained confidence in our strategy, given its extensive backtesting, which has demonstrated a win rate of 52% on GBPUSD trades.
Accepting the calculated risk of 1% of our account for the possibility of a 2% return, the closeness of the price to our stop loss did not shake us, and we kept our faith in the strategy. We anticipated an average position duration of 6 hours and 35 minutes, which could extend to 2x longer for the trade.
We waited patiently, but our persistence did not yield results this time, resulting in a 1% loss in our trading account. It's important to note that we were on a winning streak for a few weeks and it's normal to have losing trades; no strategy guarantees a 100% win rate. However, with proper risk management and a favorable risk-reward ratio, the potential for profit can outweigh the losses.