Institutional_trading
Possible setups for EURJPY I am expecting it to sell to my one hour order block below before it continues to go higher. After doing this, I am expecting a buy of 300 - 400 pips into a weekly order block to a daily order block. After this has occured, I am expecting a long term sell to fill imbalances and clear market inefficiencies.
Bitcoin Elliott Waves & Renewable Energy IndustryBitcoin Elliott Waves plan update.
So Bitcoin strugling to hold and fall down towards 30-ish zone as the possible end of sharp-ABC correction of current cycle (still there is chances for 27-ish).
Possible growth of Bitcoin to new ATH on the radar and might take a few days to develop the bottom before take off.
Despite recent China mining crackdown there is most likely China miners will be fine.
According to btc . top CEO Jiang Zhuoer - only unregulated China miners under treat of crackdown. Those miners who follow China regulations are fine.
Some of the miners indeed will shift facilities to less regulated regions like Central Asia (The region consists of the former Soviet republics of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan). But this shift will open new markets for China as supplier energy and mining facilities.
Nowadays, China is leading the way in the renewable energy industry, by being the largest manufacturer, exporter, and installer of solar panels, wind turbines and they might want find a new markets across the globe to supply their products.
I expect increased demand in the mining facilities running on renewable energy during Q4 2021 and 2022.
Obviously market change shapes quickly and we have to be aware of uncontrolled risks. Stay focused on the balance of your basket.
Best regards,
Artem Shevelev
EURAUD BUY/LONG RETRACEMENTFirst lower entry: (5MINUTE TIMEFRAME) 88.6% fib retracement area. Imbalanced price action on 5M timeframe & 50% of last institutional move that took previous liquidity.
Second entry: (30MINUTE TIMEFRAME) 78.6% fib retracement area. 50% institutional area of last bearish move before the bullish move upwards. Mitigation area for smart money to close out positions.
4H higher TF bias is downtrend. Entering countertrend to buy up and sell off around TP3.
Same Boring Concept Here we can see again a beautiful trade coming up.
Keypoints;
- Rising Wege in the 4H time frame
- Rejection coming from top and selling pressure on the wicks.
- Almost near to supply but maybe rejected earlier.
- To touch the trendline.
Simple concept, good risk management and let's rock it together.
A Nice Short AgainIn short, the price has broken the daily trendline and after hitting support in the daily, it just came in contact with a significant resistance to overcome which in the best-case scenario, it wasn't able to break, good chance it will travel down after grabbing the liquidity it needs to respect the rising wedge.
Never risk more than 0.5% risk on this, and stop-loss to entry once we see the price halfway to our TP.
AIm for a good RR and let's make 10% this week.
4/20Smhh. Honestly the first LP (less profitable) trade that ive had so far in this sample set. Looking at my broker I was stopped out by 0.2 pips 😭Sad case. But anyways the execution of this trade was poor. I definitely identify the reason being that I was very tired and 🥵. New rule now being implemented which is that if I dont feel like publishing the idea after executing then I am not in the right state to be trading. I also accidentally over leveraged which never happens wow I was not in a state to be trading😂Risk was like 1%. Other than that the opportunity and RRR were there but id say it was not a SSS (super sexy setup). Id not be overly affected by this trade if it was not for the miscalculated loss TBH. ONTO THE NEXT !
Will the institution bear GBPNZD ?The Institutions have entered the trade at 1.91790 , 1.94230 and 1.95470. After a successful bullish swing trade they will start planning to exit the trade at a good price around 1.97650.
Now the institutions will re-enter as a bearish trade . Bearish movement confirmed at 1.96730 after it broke the bullish trendline.
I have entered the trade at 1.96881 as a swing trade and will exit around 1.91790 and I will add more short positions along the way after a bullish correction.
Fundamentals :
NZD :
- bullish data ( retail sales ex autos rose to 6.8 % from 4.8 % / retail sales rose to 2.5 % from - 2.7 % ).
- Important release date will be held this Wednesday '' RBNZ Interest Rate Decision '' , If the RBNZ is hawkish about the inflationary outlook of the economy and rises the
interest rates it is positive / bullish, for the NZD.
GBP :
- No data this week.
Technical :
- Start of bearish movement at 76.8 % Fibo at 1.96955 .
- Fibo 61.8 % exit trade at 1.92108.
- Important support levels 1.96165 , 1.95290 and 1.94220
Expecting EURUSD to grab some liquidity before next rally. Based on studies of Wyckoff price action/cycles, Mentfx (YT) order blocks concepts, and ICT (YT) institutional price action concepts.
My speculation for this week is the USD continuing to fall, thus boosting the the EUR. But, smart money needs to fill some recent inefficiencies first. I'll be looking for a fake trend break at of before Wednesdays NY open/London Close to accomplish this, wipe out long stops and collect liquidity before next rally through the end of the week.
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