ETC grow After Liquidity Sweeps 📈💡Ethereum Classic (ETC) has been quietly making waves, with a remarkable ascent that follows liquidity sweeps of essential support levels. Similar to Solana (SOL), it's primed for what might be another liquidity sweep around critical levels, potentially sparking a new phase of growth. This phenomenon underscores the pivotal role of liquidity in driving price movements. 📈💡
Liquidity Sweeps: Powering Price Action
Liquidity sweeps are market dynamics in action. They involve brief, intentional price surges that clear out buy or sell orders clustered around specific price levels. These sweeps often precede significant price surges, highlighting the profound influence of liquidity as the driving force behind price action. 🚀💰
What Lies Ahead: The Next Move
For ETC, the anticipation of another liquidity sweep, possibly around a pivotal level, could be a game-changer. This event may set the stage for another upswing as orders are cleared out. However, the cryptocurrency market is inherently dynamic and occasionally unpredictable. Staying vigilant and adjusting your trading strategy is essential. 📊🔍
Trading Strategy:
Exercise Patience and Caution: If you're considering a position, it's wise to wait for the liquidity sweep event to materialize and look for corresponding price action confirmation.
Implement Risk Management: Mitigate risk using essential tools like stop-loss orders, which help protect your investments.
Stay Informed Fundamentally: Keep yourself well-informed about Ethereum Classic's fundamentals and any news that could impact its price.
Conclusion:
In the cryptocurrency realm, liquidity plays a paramount role in shaping price movements. Liquidity sweeps, much like with SOL, can be pivotal moments in catalyzing growth. Yet, it's crucial to remember that they are not infallible.
As a crypto trader or investor, it's essential to exercise caution, stay informed, and adapt your strategy to the ever-evolving market conditions. While liquidity provides the fuel, it's your strategy that guides the ship.
❗️Get my 3 crypto trading indicators for FREE! Link below🔑
Liquidity
EURUSD 20 Oct 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 20 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Analysis
1.
Bullish Swing
Bearish INT
2.
As expected, price made a CHoCH and confirmed INT Low. we are now in bearish continuation of the INT structure and price maybe targeting the INT Low.
We are at Swing Discount, Most probably that swing pullback will end and we can see Demand is holding which is a good sign that the swing pullback may have ended and we are targeting the Weak Swing High
3.
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback
As price turned bearish, and reached EQ, our expectations now that Demand zones in Discount will provide a good opportunity for longs
4.
Daily and 4H Supply zone that current price action is targeting and could provide reaction for shorts opportunity using Entry Model with LTF confirmation
15m Analysis
1.
Swing Bullish
Internal Bullish
Sub Internal Bullish
2.
After the 15m BOS, we are expecting a Swing pullback which already confirmed by the Bearish iBOS.
INT structure turned bullish aligning with the 4H and the Daily request. My expectation that we are continuing bullish to target the 15m and the 4H Weak Swing High.
EURUSD 19 Oct 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 19 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Analysis
1.
Bullish Swing
Bearish INT
2.
As expected, price made a CHoCH and confirmed INT Low. we are now in bearish continuation of the INT structure and price maybe targeting the INT Low.
We are at Swing Discount, Most probably that swing pullback will end and we can see Demand is holding which is a good sign that the swing pullback may have ended and we are targeting the Weak Swing High
3.
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback
As price turned bearish, and reached EQ, our expectations now that Demand zones in Discount will provide a good opportunity for longs
4.
Daily and 4H Supply zone that current price action is targeting and could provide reaction for shorts opportunity using Entry Model with LTF confirmation
5.
Price could be targeting the Liq. below the 4H previous INT Low above the 4H extreme demand zone for longs
15m Analysis
1.
Swing Bullish
Internal Bearish
Sub Internal Bearish
2.
After the 15m BOS, we are expecting a Swing pullback which already confirmed by the Bearish iBOS.
INT structure turned bearish which complicate the current view now and for me i'll be waiting for INT structure to turn bullish to continue looking for buys.
LONG AND SHORT on XAUUSDHi Guy, I'm back with another analysis on gold. Previous trading idea was indeed profitable and more than 100 pips was gained. So in this trading idea I have the 1947 area which has proved itself once on September 20th and today could give us a another chance to go short but as always check the lower time frame for secure entry.
If market sells off I have multiple demand areas which could yield some profit. So make sure you have these areas on your chart and trade upon them should fit your trading system.
Be honorable
EURUSD 18 Oct 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 18 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Analysis
1.
Bullish Swing
Bearish INT
2.
As expected, price made a CHoCH and confirmed INT Low. we are now in bearish continuation of the INT structure and price maybe targeting the INT Low.
We are at Swing Discount, Most probably that swing pullback will end and we can see Demand is holding which is a good sign that the swing pullback may have ended and we are targeting the Weak Swing High
3.
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback
As price turned bearish, and reached EQ, our expectations now that Demand zones in Discount will provide a good opportunity for longs
4.
Daily and 4H Supply zone that current price action is targeting and could provide reaction for shorts opportunity using Entry Model with LTF confirmation
5.
Price could be targeting the Liq. below the 4H previous INT Low above the 4H extreme demand zone for longs
15m Analysis
1.
Swing Bullish
Internal Bullish
2.
After the 15m BOS, we are expecting a Swing pullback which already confirmed by the Bearish iBOS.
INT structure turned Bullish to confirm that the 15m Swing pullback is over and we will be targeting the Weak Swing High.
3.
Internal to Internal turned bearish to facilitate the Internal Structure Pullback.
Demand Zones now will provide opportunities to continue the INT and Swing Bullish continuation.
4.
The bullish INT structure is clear but i'm having the concern that the current INT Bullish structure is not showing that solid volatile trending which is corrective in it's behavior.
But following the OF, we still solidly bullish until we get demand failing and structure turns bearish.
EURUSD 16 Oct 2023 Intraday Analysis This is my Intraday analysis on EURUSD for 16Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H
1.
Bullish Swing
Bearish INT
2.
We are at Swing Discount, Most probably that swing pullback will start once we get a CHoCH
3.
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback
As price turned bearish, and reached EQ, our expectations now that Demand zones in Discount will provide a good opportunity for longs
4.
Daily and 4H Supply zone that current price action is targeting and could provide reaction for shorts opportunity using Entry Model with LTF confirmation
5.
Price could be targeting the Liq. below the 4H previous INT Low above the 4H extreme demand zone for longs
15m
1.
Swing Bullish
Internal Bearish
2.
After the 15m BOS, we are expecting a Swing pullback which already confirmed by the iBOS.
Current INT structure stil bearish, our expectation is that we will do Bullish iBOS to confirm the 15m Swing pullback is over and we will be targeting the Weak Swing High
3.
Internal to Internal turned bullish to facilitate the Internal Structure Pullback
Still bearish over all on 15m and waiting for Bullish Internal structure iBOS
GBP/USD Daily Analysis 13/10/2023My long position was stopped out earlier today at a 0.5% risk setting after. I still currently believe that the market will turn bullish and take out the upside liquidity so I will analyse the market over the next week and look for a potential re-entry or I will look for downside continuation if I can see the set up there. Win some and Lose some but consistency is key.
EURUSD 13 Oct 2023 Intraday Analysis This is an intraday analysis for EURUSD on 15m and 4H chart based on Smart Money Concept (SMC)
15m:
1
Swing Bullish
Internal Bearish
2
After the 15m BOS, we are expecting a Swing pullback which already confirmed by the iBOS.
As we are in Swing Discount the 15m and 4H Demand zones are currently providing opportunity for Longs to target the Swing High.
The concern now is that the INT is Bearish and current longs will be only a pullback to the bearish INT.
3
Internal structure turned bearish to confirm that the Swing pullback started
Chart:
4H:
1
Bullish Swing
Bearish INT
2
Price swept Liq from the previous INT low and broken and closed above the high forming another iBOS
3
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback
As price turned bearish, and reached EQ, our expectations now that Demand zones in Discount will provide a good opportunity for longs
4
Daily and 4H Supply zone that current price action is targeting and could provide reaction for shorts opportunity using Entry Model with LTF confirmation
Chart:
GBP/USD Daily Analysis 12/10/2023My Long position was triggered, which lined up with my analysis. Unfortunately my short position was not triggered on the way down, the gap between the market movement and my short entry was very small (Marked out by the small circle between the wick and the red line), I will have to look into my analysis and reevaluate my entry strategy/level as I missed a few pips as the short would’ve hit take profit with minimal to no drawdown. I have also set an alert for my partial profits level for my running long position which is at the lowest point in an imbalance which was created on the way down to my entry.
GBP/USD Daily Analysis 11/10/2023Unfortunately my take profit zone on my previous trade was mitigated throughout the day, however I have altered my take profit to the next liquidity point which was an imbalance a few pips above and I have also set the previous, now mitigated, take profit zone (marked by the red line) as an area for a quick short entry to take as I believe price will bounce off of this level and down to the next low to take out the downside liquidity before travelling back up to align with my original analysis.
BXY Analysis 10/10/2023As you can see with the current state of the BXY market, it is currently in and upwards trend creating higher lows consistently marked by the circles on the closes of the wicks. The red rectangle marks out the area where price was operating below my entry price on GBP/USD and as you can see the arrows show the date range that buyers and sellers were actually successfully transacting below this price as seen by the open and closed candles in this range. The total time spent with buyers and sellers transacting below this range was 8 days and 8 hours and this is the lowest it has transacted in the last 7 months. This is why I have set my stop loss around this area as I do not believe that price will transact much lower than this due to the large wicks you see which represent buyers and sellers not able to find fair value and price bouncing away instead of solid closes due to buyers and sellers being unable to find a price they are both happy to transact at.
DXY Analysis 10/10/2023This is just my brief analysis of the Dollar Index (DXY) to support my idea that the GBP/USD market will push to the downside then retrace up to the next liquidity point. As you can see the DXY is making lower highs on its way down, creating points of liquidity to be taken as it moves. I believe these points will be taken, creating a move to the upside taking out the stop losses above before coming back down.
Please note - The DXY moves inverse to the GBP/USD market.
GBP/USD Analysis 10/10/2023I have located a long position that I would like to take in the GBP/USD Market where I will target the next liquidity high point after I believe there will be a move to the downside to take out lower stop losses before the main move the upside. I have noticed points of liquidity on the British Pound Index (BXY) and the Dollar Index (DXY) that support this theory. I have set my entry off of an order block to the downside which I believe will be filled and I have placed my stop 10 pips below that and I am looking at around a 1:5 RR on this trade with 0.5% risk on my demo account.
XAU/USD Daily Analysis 10/10/2023During today’s analysis there has not been much movement in the market, however the market is creating new liquidity points by forming higher lows (where stop losses will lie below them) and higher highs, which looks like an uptrend is forming. However I will be looking for a liquidity grab into the daily demand zone over the next few days before I will look to enter a long position into the next liquidity point.
Side note - I may potentially look for short positions as the liquidity is grabbed based on market movements and/or order blocks or other confluences.
XAU/USD Daily Analysis 09/10/2023With my Daily Analysis of charts I have marked out some areas of liquidity on the XAU/USD market (e.g. a double top on the H1, a few unmitigated Asian session highs and a few unmitigated imbalances to the upside). The market appears as though it will make an upwards move over the next few days however I can see liquidity being created on the downside as the market moves upwards. Until I can see a clear entry I will continue with my analysis and wait for clear confluences and indications.
❗ USDJPY: Unimaginable Highs ⚡Crazy right?!😲 Who would have thought we would be back trading at the 1998 highs? Well, here we are.
Sooooo what is the game plan now?
Ideally, we need to figure out a zone to sell from! 👇
So let's figure that out together:
Where is everyone trying to sell from currently?
⚡ The supply zone we are currently trading in.
Where will everyone's stop losses be if they are selling now in this supply zone?
⚡ Above the high.
So where can we expect liquidity and stop loss hunting?
⚡ Above the high.
Great! Now wait for the liquidity grab and begin your search for possible sells once that is complete.
Happy trading folks!! 😀😁😆
NZDUSD: Failing Order Block ❌Price is quickly approaching the main order block/demand zone and buyers will begin scaling in shortly. Personally, I believe price is going to completely disregard this demand and collapse straight through it. With this thesis, we could potentially look at selling into the liquidity sweep from this region.
Nas100 Breakdown, Is The Bullish Trend Over ?Hello Traders , This is FX:NAS100 BreakDown on the HTF so the Summary of this is this we starting breaking down some Weekly Structure and we found a monthly FVG that gonna be filled is Aligned perfectly on SSL but before that we gonna see a kind of Manipulation before the distrubution to the downside so yeah the Bullish movement is over after the Manipulation happens!