THETAUSDT is getting liquidity for a pullback?As I told you on my previous Idea, the price got a new bearish impulse until the 1.27 Fibonacci EXT where the price has the monthly support.
The price is trying to have a bounce and breakout from the 4h static resistance and dynamic resistance.
How to approach?
For a pullback scenario the price need to have a breakout from the 2.4$ area and retest the previous resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Liquiditygrab
XLMUSDT is trying to have a new breakout
The price is creating a descending channel on the daily timeframe after a retest on the monthly support on 0.16$.
on the 4h timeframe the price grabs new liquidity from the 4h support and now it's trying again to have a new breakout from the daily resistance.
How to approach?
IF the price is going to have a breakout from the daily resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐1
EURNZD... LIQUIDITY SWEEP OPPORTUNITYHello traders,
The EURNZD pair has decided to take a breather and has setup liquidity traps for traders who are not detailed enough. I decided not to mark the liquidity trap but I urge you to look for it and trust me, you will find it. It's quite easy to see.
So what do we do? we put our entry below the liquidity trap. When the market makers go to sweep this liquidity, it will trigger the limit order set.
Let me know in the comments if you agree with this view.
BR
David
USDJPY Liquidity grab and correctionUSDJPY traded up to a previous high before taking out stops and retracing down. This is a small trade and have set a tight stop loss just because the yen pairs have been volatile recently. There's a possibility for this yen pair to over correct, but my current trade is set up to catch the pips on the very first correction to the downsize to minimize risk.
EURCAD ReversalEURCAD is approaching a major reversal. We've seen price action take a dive into a liquidity grab and continues to trade lower. I believe this is an attempt to dip into the reversal zone which has been a major sign of an up move. However if price doesn't immediately retract upwards, we could begin to expect it to fall through and take shorts. We can play both sides of the market but I am mainly looking for buys into this zone.
CALM SELLUJ created a relative equal high after a break and retest of a H4 rising channel support. There was a target area for a liquidity grab above the relative equal high where price was expected to push to before dropping again. After that area was hit, a 50% fibonacci retracement was created on the M30 timeframe. The profit projection area from this 50% fibonacci retracement lines up with a H1 indecision level which is TP1. TP2 is H4 lower low which is also just above the D1 timeframe support. Feel free to comment and let me know what you think.
Please like and follow for future analysis'.
BTC Daily, 33k Is The First Target!Hey everyone,
Here we can see BTC invalidate out Daily Bullish OB, and we came down nearly retesting the low, hitting 36323.
Currently we still hold market Structure, but unless we see some sort of aggressive bounce I am confident we will test 33k, to fill out the imbalance form the last move up.
That would bring us near the Daily OB at 32.9k and we will likely test that OB while we are down there.
If the MMs want to take out the liquidity sitting below that bullish Daily OB we will likely see a wick down to 28.5-29k.
Yes I really think that is on the cards as of now.
As I said earlier if we go that low I will start to seriously accumulate more BTC.
Hope you enjoyed this update, I'm healthy again so will be updating daily on the market.
NOT FINANCIAL ADVICE, this is purely educational and my opinion. DYOR when trading and never buy or sell based of my technical analysis alone.
Take care guys. See you tomorrow!
EURAUD Potential Sell IdeaHere I am looking for EURAUD to take out liquidity up around the 1.6000 area. News will be coming between 2:15 a.m. and 2:30 a.m. CST that may be the catalyst to take out the liquidity above Asia. Once liquidity is taken, I'm waiting for the short term low to be broken and then a retest of the zone at around 1.5950 with a sell target around 1.5580 for a 370 pip total.
NZDUSD Long AnalysisLooking for Upside Movement to break the last high that was set during the accumulation phase on the 4 Hr chart. The last high the broke structure indicates a willingness to go bullish and set new highs. Price is currently retracing to grab the liquidity that was set below the 0.6750 area which is why my entry is at 0.6712. Price should look to capture liquidity and head to the 0.6900 area to capture that buyside liquidity which is also my target area
Only Strategy You Ever Need! .. Liquidity Build&SweepHello everyone!
Liquidity is the main force that moves all markets, understand it well, and everything becomes clearer...
Liquidity, simply, is "where orders are resting". Sometimes it is clear, other times not. So you have to look really well into where we have relative equal highs (sell-side) or lows (buy-side).Does that mean to jump into buying below relative equal lows/selling above relative equal highs right away? Of course no. As explained above, most of the time we have an indication as to whether the Market is responding as it shouldmd or not. Like a rejection or multiple rejections or a candle pattern or whatever.. you should see and indiction in price action, not indicators. Also pay attention to time frames. Equal highs/lows should not be treated the same way in small and big time frames... At least 15-min timeframe is recommended...
Your comments are highly appreciated...
Please don't forget to ▶️ FOLLOW & ▶️LIKE if you found my tutorial a help to you... Great content is to come yet.. hopefully..
Thanks Guys!
Smart Money. Price could travel anywhere at this point, we can expect very volatile movement from GOLD, they have accumulated a ton of positions, we can also see the spring formed from the Accumulation, equal highs and equals lows will be ran through, we just have to figure out which way the order-flow will travel, currently trading upon 2 price ranges, notice how every time London-New York overlaps open, the candle sticks are huge whether that's a sell or buy. like i said prices could travel either way,
just expect prices will move extremely volatile, it'll be a beauty to watch when markets open back up,
have the patience .
stay safe traders.