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Ictstudent

$SOL $SOLPERP - On iT'S Way Toward Break of Structure #SMTNot Many Shorts to take advantage of, but at least this will map out when they happen if they are to happen. Ahead we have Bearish order Block, 32.3450-32.5250, which should send it down to the Breaker Block is. This is where I would be looking to go long, near 31.0225 to 30.2100 (It's circled in the paths) In this area there is a Fair Value Gap just below a liquidity point (because that's where everyone else would expect it to go long, Smart Money might push it further down) The reason the stop loss is in that place is because that covers the full Fair Value Gap and Bullish Order Block, any lower than that and it's taking out that sell-side liquidity and most likely moving lower (that part is at the end). The next pass would get us to where price want to go right now anyway, the liquidity point where all the sell limits are placed and buy stops are placed. Here we could see price jump back and forth taking out each side of the market, such as shorting just before the line to get people thinking it will once again short before making a turn to the north. The short people start chasing it, it passes the line triggering the buy stops, until it hit's the tiny but silll bearish order block would then send the path back down taking out the buy stops if the have short stop losses (These people think that same line will act as support so they use thin stop losses) and then finally settling on moving up. The next point it will be seeking will be the $36 mark where there are two equal highs, again another liquidity point where limits are set and retail are expecting it to short. I'm expecting a long right through it but if not that would be a final target. At least I'll be taking off most of my position here, my stop loss should be well into profit by then and we'll just wee what happens next. In the heart of all of this Solana has been the hardest to break down. And as noted if all goes wrong in the beginning and we just go below the early liquidity point and through the fir value goes (Watch those because either one could cause a reversal) but I would think it would be headed toward the lowest bullish order block that is ner before getting another chance at going long. Anyways just my thought. In no way shape or form are my thoughts considered financial advice. Good Luck and Good Trading. - Bodies X Wix
FTX:SOLPERPLong
by BodiesXWix
$BTC - Maybe not, But a Warning that Bitcoin could get to 20kWhat would I do if I were an algorithm trying t take other people's money. Well, considering most people in this chat are extremely bullish at this price, I hate to be the bearer of bad news, but all the open Fair Value Gaps got me wondering "how much longer until it hits that Fair Value Gape near $20k...... so #SMT - Smart Monet Theory would suggest BTC would get as low as 20k. I've been saying this for a while but it was finally time to out it on a chart to show people. I personally got out at 57k and I have made some trades, but I'm not HODLING any unless there's 3% or more Staking for BTC somewhere, I think a few might have or lending which is good if you are going to hold them. I'm now. Bitcoin is not like a stock, it's a currency like forex. Anyway, everything is written on the chart, I would personally try to short BTC from now of the 4 entries mentioned down to the 20k take most off, put your stop loss at a good level and let the other shorts go in case it does end up going shorter. But I think staying below 20K was way too long snd now it'll just touch it. Could possibly drive everyone nuts by being between 20 and 25 for bout 6-8 weeks, but then we know that gotta be accumulation, I'd start checking the open interest and the volume of the Bitcoin Futures to see when we could see movement. Bitcoin futures show they added longs last week and we didn't see it go that way. Maybe We could be reaching d) on this chart. Well to everyone, good luck and good trading. BINANCEUS:BTCUSD BITSTAMP:BTCUSD btcusd BITFINEX:BTCUSD BITBAY:BTCUSD OANDA:BTCUSD PHEMEX:BTCUSD GEMINI:BTCUSD FTX:BTCUSD BITTREX:BTCUSD CURRENCYCOM:BTCUSD FX:BTCUSD CAPITALCOM:BTCUSD OKCOIN:BTCUSD KUCOIN:BTCUSDT POLONIEX:BTCUSDT HUOBI:BTCUSDT
COINBASE:BTCUSDShort
by BodiesXWix
1
A Nice SHORT in WTIHello again, traders. Long time to not post anything over here. Since yesterday I had this operation opened. A nice short in WTI. My main entry was in the orange line but once I saw price was not going to reach it, I had to switch into LTF to seek a refined entry. At least, I was sure price was going to go down around that zone so I took my risk and pulled the trigger. At the time I am writting this: SL is at entry price, took partials and I will leave the trade running. First -possible- TP: @ $60.60 . Second -possible- TP: @ $57.28 (below the SSL) . I like to trade WTI in the Daily Chart because it brings me a better understanding of what price is likely to do; also, since all this two years trading it and studying, WTI is moved by global news but price goes -always- where liquidity is. Monthly Chart. As you can see in this chart, I marked a high and a low; that is a Dealing Range (ICT term) . Or, you can see it as Lower High (LH) and Lower Low (LL) . That LH & LL creates a range and if we look back at the chart, the market structure is Bearish (in the Monthly chart, of course) . One thing I have noticed about oil is that it retraces deep; if you use Fibonacci, use it in your Daily Chart and look it for yourself, WTI loves Fibonacci's 89% . So, back again at the Monthly chart perspective, price last month went for all the liquidity above those two previous highs until it reached and filled the Fair Value Gap (FVG, ICT Term) and retraces. Possibles zones where price can go in this retracement are deliniated with blue lines: $53.90 , $49.29 , $46.24 , $41.87 . Weekly Chart. You can see in detail what I mentioned ye above. Price purged the liquidity above those old highs and the retraces. What I would like to see in the weekly chart? A run below $57.24. Why? Because if price break that zone, it would mean a Break of Structure (BOS) and would be more than likely than price reaches into some of the blue lines below. After the run below, I would expect a retracement and I will open another short. Hope this analysis likes you. Until the next time, guys!
TVC:USOILShort
by GCancino
4
Pound Canadian Short Position Trade - 2021The analysis is based off my unique approach to seasonal tendencies when Price is in a Ranging Market. Taking 2020 as the third year if we look back until 2017 you will notice how, during this period, the market has been repeating a pretty noticeable Fractal Pattern. Taking that into account l predicted a significant high to form on the Pound Loonie during First Quarter of 2021 which has happened so far. I'm anticipating the low of this Year to come around Aug-Sep, sweeping the lows around the 1.67387 level and finally taking out the Low created in March of 2020. The Canadian Employment Numbers came in positive for the Loonie @259.2K far larger than the forecast of 75.0K, this occurrence might just be the Fundamental confluence needed for my Technical analysis to pan out as anticipated.
Short
by watersthetrader
Is this a STOP HUNT? H4/H1 vs. DAILY.In this video, I analyze SAXO:EURUSD I encounter a possible STOP HUNT setup in DAILY timeframe. BUT in H4 and H1, they made a BULLISH BMS; kinda put me into confusion and doubt too to execute my trade. Now, I might just observe this unless it Bounce bounces back at my key level for possible LHA. How can I improve? - Incorporate Killzones next time. - Plot 00's and 50's. - Observe and backtest on trading the killzones an OPENING at 12:00 EST
Short
by iTradeU