DXY BULLISH towards Buy side liquidityWe can see the Dollar Index moving towards the daily highs by means of trendline liquidity.
Orderblock
BTCUSDTJust chart analysis. Not for buy or sell.
Retail traders - retail traders, technical analysis traders.
CADCHF DHello dear friends
good day
In the daily time frame, I see this analysis of the CADCHF
what is your opinion?
Bitcoin Order block strategy 08/15/2022All setup details applied to the chart.
Please attention this is binance spot chart. apply the setup to any btc chart you are willing to trade based on.
I'm just sharing my idea. I'm not responsible for any probable losses may occur for you if you trade base on this idea.
⁉️ What is OrderBlock? ‼️ Order Blocks are candles where Market Makers (Banks) have placed their positions, generally, the market returns to those candles and they are never violated.
There're 2 types of Order Blocks:
1. The Bullish Order Block is the last bearish candle before the bullish movement, that Break The Market Structure Higher. Represents a high possibility of holding the price, when the price returns to it.
2. The Bearish Order Block is the last bullish candle before the bearish movement, that Break The Market Structure Lower. Represents a high possibility of holding the price, when the price returns to it.
How to use the fibonacci retracement tool for confirmationsWatch this clip to learn the 3 types of fibs that I use to refine POIs, create extra confirmation tools along with locating Premium and Discount areas. ENJOY!
EURNZDPrize has broken the previous low on H4 timeframe. now prize have come to to mitigate the orderblock that started the move that has caused the break of the low. so we are expecting prize to drop from this orderblock
Different Perspectives for Managing RiskWatch this clip to learn different ways you can look at when it comes to managing your risk and risk management in general.
ETH Longs COINBASE:ETHUSD
Check the chart annotations on this one I believe that we can get in on another possible leg up. Yesterday's shorts got stopped out, if we look over to the "Daily OB" that's an area where the price can be expected to reverse after clearing the lows below 1600.
AUDCADPrize has broken multiple structures to the downside leaving imbalance which it has to come back to fill. there is a FVG above our m15 supply zone. and another M15 POI above the FVG. we are expecting prize to fill the FVG and mitigate the order block above the FVG then resume the bearish move
GBPUSDPrize broke the structure to the downside with great momentum leaving imbalance and creating a supply zone . we are expecting prize to go back and mitigate he OB and resume the bearish move after filling all the imbalance
#analysis 59 - Weekends endSo the weekend has finally come to an end, and we can see there's not much altcoin flied far. Now Bitcoin has come to a consolidation phase.
Not pretty sure how it go, so flat now. But I did check the chart of FTT. It seems that pretty good if we reach the lower part inside the range. Look forward to going to the range high if we made a bounce down below. However, the SL should be at around the range low, not below the OB for safety.
Why?
The range low has already tested for 3 times, which is not pretty good for general cases. Also, now not pretty sure how Bitcoin go in the new week. We'll set it when Monday ends.
So let's take a rest for another day.
XAUUSD and XAGUSD Thoughts - OutlookXAUUSD/XAGUSD has been trading in a corrective phase for the last couple of weeks to months that of which is over, these instruments are considered to be a safe haven.
The Gold and Silver rally will unfold in the next few days to weeks.
NZDCAD Prize was in a down trend for a couple of days and suddenly changed direction hence breaking the LH . the move that broke the HL is what we marked our H4 demand that caused a CHOCH. we are waiting for prize to come back to fill any imbalance left hence mitigating the order block. once prize come into that H4 demand we are anticipating prize to move up to create a new HH.
GBPJPY H4 - SELL TO BUYWe can trade both supply zones and demand zones.
Short term structure = Bearish
Long term structure = Bullish
This is how we conclude the SELL TO BUY model. Look for confirmations before taking the trades.
EURUSD H4 - SHORTPrices broke H4 low, leaving behind a supply for us to get involved. Look for ways to SHORT eurusd as we expect bearishness within this H4 leg at the least.
CADJPY H4 - SHORTPrices broke H4 low, leaving behind a supply for us to get involved. Look for your favourite entry technique on the lower timeframe to "confirm" the supply area.
XAUUSD aka Gold missesRather un suspected morning, My pending buy got missed twice. SO Im canceling this trade.
USDCAD.... BULLISH TRADE IDEA... 20RR TRADE OPPORTUNITYHello Traders,
USDCAD has been bullish overtime and one thing you will notice is that the market had cleared the daily equal highs (daily timeframe) which led to the recent bearish leg.
Price has approached a very sensitive area and I suspect that the early buyers will be taken out.
Why do I think so? trendline liquidity has been formed and needs to be taken out for the strong bullish move to occur.
I have marked the zone where I speculate this move will start from.
Let me know in the comments what you think about this idea.
Cheers Fam!
EURUSD... SHORT TRADE IDEA... 15RR OPPORTUNITYHello Traders,
EURUSD has been bearish for sometime now and we have seen some retracement (profit taking).
On my chart, you will see the trendline equal lows that was taken out before the bullish move and you will also notice the trendline equal highs that the market went to sweep. Now that the market has taken liquidity (trendline equal highs), we can expect price to continue bearish.
I have marked the area in which I expect price to continue the bearish move from.
Let me know what you think in the comments.
Follow for more.
Cheers.
#analysis 49 - If breakoutIf BTC is stronk to break out current consolidation stage, I'd expect it rising fast inside the FVG zone till the next OB, which shows resistance for it.
However, the scenario may not be highly possible as the major trend is still down. Just write it up as a note for myself.
#Eth PullBack - Two Options that could Happen according to SMTSMT is Smart Money Theory - Please see my previous published posts for the definition.
We have the price coming back down to fill the 4 hour fair value gap void (1315-1288). If it happens to get below that The Second option would be the Fair Value gap below that (1182-1148). It could reach higher before it falls back to these areas. But price always seeks imbalances and liquidity.
Good Luck and Happy Trading
