Smart Money SHORT | GBPAUDLooking to hopefully dig out the 2nd position on GBPAUD
If it tags me in and then tags me out then I will take a NET profit of 6.09%
Let's see how price plays out
Orderblock
USDCAD SHORTThis is what i see happening on USDCAD.After BOS to the downside i see price gradually moving back for mitigation. I marked the two OBs.
My ideas. Do your analysus and Play safe
GOLD BuyThis is what i se happening on the smaller timeframe. After price hit our daily OB, i switched to the smaller time frame and i saw price formed equal lows and which was taken out then price broke the last structure (LH) and came back to test the last OB..that is the institutional candle. I took 50% of the candle for a buy. im targeting the last LH on H1.
DXY H8 - LONGPrices are likely to reach out for liquidity highs after getting rejected from a demand area.
Smart Money SHORT | EURAUDLooking at the structure of EURAUD
Currently bearish on the lower TF's but if we break this lower timeframe structure it could be time to look for longing positions as on the higher timeframes we are still very bullish
Let's see how it pans out
CADJPY H2 - SHORTPotential SELLS onto CADJPY, shifted on the LTF as prices taps into the HTF supply area.
GBPUSD H8 - LONGPrices broke out of structure and left behind several demand areas for us to get involved. Wait for the tap into the respective areas, look for the shift in structure on the LTF before taking BUYS.
Smart Money LONG | WTICOUSDLooking at potentially seeing West Texas Oil rise to my next 4HR POI
-First Target - 7.49%
-Secondary Target - 15.74%
^^^ These are targets but I never set a take profit upon taking a trade entry I only ever manage according to the structure.
Any questions feel free to ask
Ben
Weekend Analysis + Market Re-cap Looking at some good trades i took on AUDJPY this past week
Also breaking down some of the pairs in which I am looking for some possible trend continuations or trend reversals based on the market structure that presents itself.
Any questions on the analysis please do let me know via a comment or message.
Take Care
Ben
Smart Money LONG | NZDCHFWaiting for price to pull back to the 15min POI after creating this Wyckoff re-distribution
Thoughts?
GBPUSD 15M - SHORTPrices broke down from a H1 supply, looking for a pullback onto the supply area. LTF traders can look for BUYS into the supply area that we've identified. Otherwise, simply wait for the pullback and look for the structural shifts.
Smart Money SHORT | EURUSDLooking here at EURUSD 2 potential selling areas.
we could move lower from the first 5min POI or the 2nd one could be the better entry.
CHFJPY H1 BUY TO SELLPrices broke out of structure, leaving behind a demand zone for us to get involved, to buy into the H4 supply above, potentially distributing towards the liquidity lows by means of trendline.
USDJPY H4 - SHORTWaiting prices to tap into our supply area, give us a transfer of WH>SH before taking sells.
Smart Money LONG | GBPAUDSecond entry on this one, waiting to see if the last level of demand on the 5min can get tested before a move to the upside
lets hope we have some success on this one
Smart Money SHORT | NZDJPYLooking at NZDJPY we are currently in a daily POI and 4HR POI, on the 15min we have signs of bearish momentum kicking in with a break of structure.
Waiting now for price to pull back into the last area of demand on the 5min TF and see how price reacts
Any questions feel free to ask
AUDCHF H1 - LONGPrices broke out of structure, leaving behind a demand zone for us to get involved. Wait for confirmation by means of structural shift on the LTF to get involved.
Market Structure | Impulse/CorrectionsMarket Structure | Impulse & Corrections 🎡😈
What is Market Structure?
Market structure is a trend-following technique that traders use to read and track how the price moves. Bullish moves, bearish moves, and ranges in between Market structure is also known as price action at times. As a result, we call it market structure since that is how the entire market moves.
How to identify Market Structure?
Wait for a swing high/low to be broken.
(candle-stick body must close above swing high/low)
What is Market Structure telling us?
in a Up-trend scenario, higher-lows will provide
in a Down-trend scenario, high-highs will provide
What is impulse/corrections?
The natural behavior of the Market.
What is correction?
When price is in a ranging or sideways market.
What is a impulse?
The point when price impulsively breaks out of the correction
How to use Impulse/Corrections?
to identify which phase we are in, and what to expect next.
Summary:
Market structure is the guidance to a trade setup, failing to identify market structure will lead to many unnecessary losses and an overall bad analysis.
Every trade consist of few things such as..
The first step to a trade is analysis which requires market structure in order to do so.
Very simple rules to follow.. BUY LOW - SELL HIGH 🎡
EURCAD H1 - LONGPrices tapped into demand zone, gave us a shift in structure and now looking for a LONG position if we get retest confirmation onto demand zone.
BTCUSD Technical Anlysics+Entry for profit Short trder BTCUSD Technical Anlysics+Entry for profit Short trder.
Haarmonic Pattern
Elliot Wave
Wychoff
Smart money
Engulfing
Engulf
USDJPY H1 - LONGIf we get a deep pullback, we can catch buys into liquidity highs. Otherwise, go down to the LTF to catch continuation moves as of current prices.
GBPNZD H1 BUY > SELL > BUYPrices just broke out of structure, looking for lower areas to be met. We can potentially catch a BUY up into the Supply zone, liquidating the EQH then SELL at Supply zone for the last demand area to catch BUYS higher.
