GBPJPY: Imbalance to ImbalancePrice trapped the head and shoulders sellers and I assume the majority of them are now all liquidated.
Maybe we can expect a sell to the fair value gap before we begin buying again.
What are your thoughts? 🔥
Imbalance
GBPUSD - Supply or Demand ⁉️Here are my zones and levels for this morning, please update them as you go through the day.
Bears are likely to push price past the Asian low to fill the remaining imbalance (Blue Box) before returning to the supply gap.
In my mind, there is no way that we will see bullish continuations until this blue box is filled so I will avoid trading at this current demand and focus on the zones below.
I am open to trading both the supply and demand but I certainly won't be taking any trades between them.
Be careful trading around round numbers, this is where we tend to see some manipulation because retail is using these levels as areas of support and resistance.
We have no real high impact news events today so we can trade freely.
Have a great day traders 🚀
BTC The Bigger Picture...here is my bigger picture look on BTC, I think we are perfectly capable of coming lower to fill out the FVG/Imbalances on the weekly chart or at least attempt to target them. I think the small pump was a fakeout to get buyers to jump in and then they will go and sweep last weeks low and fill out the imbalances.
FVGs are present on the daily as well for confluence.
The incoming buy volume is very low on the weekly and daily. This isn't giving me much confidence in a reversal.
Keep a mental note with you that we may come to attack the 20k support. There is Imbalance and a bullish OB there, so it is a strong case for a target area.
If we continue to drop lower I will take this Opportunity to start stacking more fundamentally strong projects in particular more XRP, XLM and ALGO for my long term holds. DCA into positions is the most effective and safe way to accumulate and get your ideal entry.
RSI hitting support, though bear markets historically have seen the weekly RSI drop below 30 for multiple weeks. So expect alts could lose another 20-50% in value if that happens.
IMBALANCE ORDER- FILLED!Yesterday EU went Parabolic and didn't give anyone else a chance to get in at those prices.
So this morning price is FILLING IMBALANCES.
This chart illustrates this every day move in real time.
The Market goes up.
The Market goes down.
The Market goes sideways.
3 moves.
Price moves to fill
1. Imbalances
2. Liquidity
Our job is to identify these moves and formulate strategies to help us Capitalize on the Money Moves aka Trends out of Consolidation and Ranging Zones.
Never over leverage.
Trust your trade set up.
Have fun!
EURUSD High Probability Short Trade | MST_TraderHello all.. Watch these levels closely EURUSD is reaching very important level (upper blue-shaded area) which is at a one-hour fair value gab... Look closely and get ready for short..
Do let me know your opinion about that don't be silent😉
LUNA, Whats your thoughts?I'm confident on this (Might time to get back up or it might bang, depends on who's behind it and their intentions)
Lets see how it plays but this for me especially with the higher timeframe crab there completed, liquidity swiped/along with the inefficient price action/ the recession and all the fear in the market at the moment seems a perfect time for a manipulated reset.. I'm in all the way here!
Lets goo!
Potential Reward Far-out weighs the risk for me!
GBPJPY: The Head & Shoulders TrapDon't be fooled by this pretty head and shoulders pattern because it is most likely a trap to lure sellers into the market before price bounces from a demand planted below it.
Once the fair value gaps have been filled, the price is likely to utilise the demand to travel to the remaining imbalance at the top of the move.
Do you think this is likely? 🚀
GBPUSD: Pick Your Side 🚨Price continues to travel within a tight range.
The market makers have done a great job of setting up liquidity to be hunted during the US CPI data at 13:30 PM (GMT+1) today.
Both the supply and demand zones we have been working with over the last few days have become weaker and weaker.
The question is what side will go first?
We will need to study the London session to get a clear picture of where price is likely to travel during the news event - React don't predict.
What do you guys think? Let me know in the comment section below. 💬
POTENTIAL SELL ON US30Price has potential to move lower from the retest of the minute 5 timeframe sell zone, wait for bearish price action to confirm the move.
NZD/USD LONGSet up was identified on the higher timeframe, after market returned to the higher timeframe ob we saw a the entry we were looking for. Join my class and learn to trade with the banks. Start using stop loss below 10 pips. Use bigger lots and risk less.
⁉️ How to identify imbalances? ‼️ Imbalances are also known as inefficiencies or FVG (Fair Value Gaps) these are periods in price action whereby means of lopsided order flow, which create porous wakes or gaps in fills. The market will slip to the only available trade levels as a result of thin liquidity and these voids in liquidity will be revisited at a later stage. The market will seek to fill in any missing gaps or missed levels on a trade. Impulse price swings are typically seen with this voids in liquidity. In simple terms imbalances are gaps in the market and the market will always seek in to close or fill those gaps.
US30 POTENTIAL SHORTSPrice has a potential for the downside upon the retest of the previously formed bearish orderblock.Wait for your own confirmations to confirm the move.
Institutional Trading Good to be back, just posting to keep documents,and to share an idea. Here i see a short term, short to fill back the unmitigated area to continue long.
Nasdaq in my eyesBased on the analysis my Bias for the day is to short nasdaq but i expect retracement to the upside first
XAUUSD POTENTIAL BUY Price has potential to go up upon the retest of the recently formed buy zone.There's also a potential to sell at the top sell zone.
The market is trying to reverse back to clear the imbalance.We are expecting the market to reverse back. It may take some time but hopefully we will get there!
BTC important information about the retracementIts important for BTC to hold the Uptrend 4HR.
BTC is still bullish as long as it holds the uptrend.
There is a possibility that BTC will test liquidity to the downside and fill some imbalance in the market.
it is then important for BTC to regain the uptrend and hold the bottem line then BTC is still bullish for me for the mid term.
For now BTC is in a perfect retracement so nothing to worry about.
Ps: No financial advice.
200 PIP move incoming?Hey Traders,
Looking on the 4H chart for NZD/USD here, we've got a very interesting setup. As you can see we've had three solid bullish moves as marked by the purple rectangles, each supplying a solid demand area. The bottom 4 hour demand area is an area which I believe this price will come back down to and will bounce accordingly. You can see the solid bull run we have had from that area, yes, we did have one of the early candles in that move come back down and test that demand but I want to see full price action come back in and test that. If we do manage to get down to 0.677, I will also be looking to take this long from there.
You can see that we filled supply at the top of the chart, we have just taped in there as outlined by a little blue circle on the wick. Once we taped up in there, we had a solid bearish push indicating there may be some more bearish power coming into play.
While I'm not looking to just enter blindly when we come up to this 4 hour weak supply. I do want to see a solid bounce down on the 1H or 15M chart. As usual, I want to see a trend line break, I want to see some structure breaks, I want to see a solid indication that we are going to head lower from this area before taking the trade. We have some pretty obvious take profit points on the chart. Overall, I'm looking for a 200pip move over the next week. It will be interesting to see how it performs given NZD usually coincides with the AUD and I'm expecting Aussie dollar strength over the future, so keep an eye on this. Let's see how it plays out and I'll keep you updated.
If you have any questions, please ask away in the comments!
Hypos SPX 4-4-22Hypos on SPX:
1. Primarily looking to see if price pushes into the D-FVG to fill the imbalance and continue to push down. As it stands there hasn't been much movement and price is hanging just below the FVG(L) by about 10 points. Also we've traded in a about a 25 point range and that's about it all night with the opening sitting at about 50%.
2. Second hypo, we drop down into the daily wick and hold to buy in that wick range around 4525.05. If this happens then I could see us rejecting here to move up further into the FVG or continue to higher to take out the last high.
