Orderblocks
GU trade ideaThis is what i am looking at on GBP/USD. In previous price action we took out a monthly liquidity and moved to the down side. We did take out a blot of liquidity to the down side so this area maybe exhausted, but never the less i am looking to take a trade from this area. DXY is in a very good position to gain strength, although we need to bare in mind we have got major news events today to trade with caution.
Time to make profit on USDJPYhi every one
complete pullback to the trendline with 4% profit Potential
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What do you think about this analysis?hello everyone
please tell me what do you think about this analysis
The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisio
S&P500 to Sellside Liquidity
S&P500 DAILY TIMEFRAME / ("ESM2023" Futures Contract)
____________________________________________________
ORDERFLOW & TARGETING:
The Orderflow in S&P is Bearish. Every Bearish Orderblock and Fair Value Gap have been holding price lower. I'm looking for this Orderflow to continue being Bearish until the Sellside Liquidity gets mitigated...
S&P500 has now engineered Sellside Liquidity below current price, inducing Retail traders to Buy at this price point. Therefore, many orders are resting below these equal lows, so the market should seek this Liquidity.
TREASURY BONDS:
The Bond-Market is looking Bullish, which would indicate Lower prices in the S&P - due to their Inverse Correlation against each other.
The Bonds are aiming for their Equal Highs Buyside Liquidity:
POTENTIAL INVALIDATION OF THE IDEA:
- Although I'm Bearish... From where price is at right now - I NEED to see the current Bullish Orderblock's Equilibrium 50% traded THROUGH to the Downside with a Daily Candle closure. (The Bullish Orderblock is that Bearish candle I marked up that price is currently testing) . So right now, price is above the 50% price point, and therefore Orderflow is still Bullish short-term. Only when the first Daily Candle CLOSES Below the 50% of the orderblock is when I will be looking to Sell down into Sellside Liquidity. (The 50% of the Orderblock is at 3940. I need to see price Close Below that) .
- Market Structure is currently Bearish. However, if the Protected High (the High that caused the Lower Low - Annotated "PH" on the chart) gets traded Above (at 4057) , that would become a Bullish Market Stucture Break, and I would no longer be Bearish, but I would rather aim for Buyside Liquidity at 4245 (annotated "SMS" in the chart) .
But as long as we Remain Below the Protected High, I still hold my Bearish Bias down into the Sellside Liquidity.
So in Summary of the Invalidations...:
I need to see the Bullish orderblock's 50% get traded Down through, and only then I will start looking for selling into Sellside Liquidity.
As long as price remains below the Protected High - I'm Bearish.
#TechnicalScience ;)
Apr/2023 Plan for YINN. Plan A: Sell Put Option $35 monthly (4 weeks ~ 30 days) to earn premium income 4-5% the collateral fund.
Plan B: I'm willing to hold YINN $35.00 for long term and write cover call to earn 4-5% premium income every month + dividend income.
$35 is the Order Block (OB) level in the Weekly TF.
Analyse of The S&P 500 Hello Folks.
The S&p 500 just breached the high at4227.25 of the candle of 19 May and rejected the Monthly C.E of the wick of the august candle, if the price retarce to the daily FVG showen here and find support at it i think that the high 4243.25 could be taken. if the price didn't respect the daily FVG and passes trough it i will treat it as a IFVG and i will look to take the Weekly SSL at the low 4114.00.
im open to all new idea and criticisms in the comment section
BTC volume profile orderblocks On the left side of the chart we have areas of significant volume that pose as problems or areas of potential congestion for BTC as it climbs back up towards new highs. These areas are bearish orderblocks and we can generally expect price to react in a bearish manner off them. Once price gets above and consolidates it becomes new support. As shown by the green areas that we have reclaimed during this rally that started at the beginning of 2023.
The POC (point of control) for both the bearish downturn of the previous year and the recent bullish rally are below the current price and that is encouraging. The VAH is acting as support for now, price needs to breakthrough the next bearish OB, once reaching 33K the volume profile shows there really isn't a lot stopping price climbing quickly towards 37.5K where the next VAH and huge bearish OB lay.
Silver Ready for Giant BreakoutSilver made a symmetrical triangle formation from 1988 to 2004 and broke this formation in 2004.
Its peak and order block in 1983 worked as resistance in 2006 and as support in 2008 and 2020.
I think the peak Silver did in 2011 was an order block too. The reason for this is that this order block was rejected in 2012.
The symmetrical triangle formation it has made since 2009 is also in the critical region now.
I can say that I am waiting for the scenario of breaking up of the symmetrical triangle. I think that the scenario that will emerge after this break will be similar to the 2004 - 2012 scenario.
Panning for Gold on market structureOANDA:XAUUSD
Didn't take a trade today, as I scalped my usual 10 spot early on Asia session open.
But looks like the markets treated everyone good today with the hopes of USA debt ceiling fight might be resolved soon.
Gold looking good on this 4H market structure template
EURUSD Technical AnalysisHello guys 👋
This is my prediction on the EURUSD that I use in Timeframe 4H on Forex.com. Seen the movement of EURUSD is still downtrend but there is a potential double bottom and break trendline so that it has the potential to cause bullish. All of my prediction need a confirmation.
Binance Coin just about hangs on to $305- but this could changeWeekend could see reduced volatility and Monday could set the direction for the coming week. With that in mind, the market structure of BNB is bearish
H12 bullish order block at $300-$310 saw a strong reaction in early April, but each retest had a weaker bounce. When this zone is eventually shifted to a bearish breaker, a retest can offer a shorting opportunity.
Entry: $309 (after a session close below $300)
Take-profit: $289.9 (23.6% extension level)
Stop-loss: $317.8 (resistance, and a move above will break structure to bullish)
R:R- 2.28
15/05/23 Weekly outlookLast weeks high: $28610.2
Last weeks low: $25768.1
Midpoint: $27189.1
BTC dropping from weekly high at the start of the week to the lows in an almost linear diagonal decline, baring the anomaly of the CPI news Wednesday. Followed by a retracement back to the midpoint of the week after a weekend pump.
The week has started positively by flipping the midpoint of the previous week, with a retest and acceptance above could be bullish and I would expect a run up to 29K, where we go from there is anyone's guess as we have been ranging for a little while now.
A retest of the 25.2k level before a continue in rallying price makes the most sense to me.
BTC/USDT: Formed a falling wedge.BINANCE:BTCUSDT.P BINANCE:BTCUSDT.P
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
Alright folks, Let's take a quick look on CRYPTOCAP:BTC , There's a formed falling wedge on daily TF and I believe that this formation could lead the price to the lower levels.
You might ask yourself why?
Well, The reason is that the last formed DARVAS box at $29000 - $32000 and the historical weekly S/R zone formed around at $28800 are rejecting the price here and filled the potential with bearish momentum, So on High TF, There's a high chance for CRYPTOCAP:BTC to gets the ladder to the lower support at $24700.
But the problem is that we can't locate a good entry for Our SHORT after the pattern breaks down (Breaking below the falling wedge).
So, We'll head to lower Time-Frame charts for better understanding of the chart!
Before that, Let's review our Factors on the current chart:
- CRYPTOCAP:BTC has formed a falling wedge and it can lead the price to the lower levels.
- If Price break below the pattern it won't be a tradeable movement, Cause it's going to be a neutral movement towards $24700.
On other hand, For those who are looking for opportunities:
- If CRYPTOCAP:BTC breaks above $28300, We'll have the chance to enter LONG towards $32000 if with a hold above the marked S/R line!
- If the price rejects below $24700 on daily TF, Then it's more likely for CRYPTOCAP:BTC to dive to the lower supports at $22850, $21650 and $20450.
Let's take a quick look on the 4H's chart too 😉
As you can see, There're two potential Price voids which are solidly made by liquidity candles (Explained it as on TV account).
So, As CRYPTOCAP:BTC gets the rejection from the higher order-block, I would like to set my eyes on the lower support at $26500, If CRYPTOCAP:BTC lose the support there, The it'll be likely for Price void to complete the pattern (Dive to $25300 with liquidity candles).
Also, There'll be more rejection if CRYPTOCAP:BTC break below the support zone at $24250, In that case;
Aside of Price void formation, There'll be high chance for CRYPTOCAP:BTC to reach $18K and $15K again! (Even lower if I want to be clear).
But, On other hand, If CRYPTOCAP:BTC breaks above the S/R zone located at $28300, As I said on High TF chart, Then there'll be a chance for bulls to show the growth towards $30200 one more time and test the resistances till $32000.
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
Cardano bulls likely to falter at $0.375 againPossible short-term range formation after a strong ADA move downward from $0.42 that began in late April.
Range extremes are at $0.373 and $0.348. The range highs coincide with a bearish OB as well.
A sweep of liquidity just above $0.375 was a possibility that bears must be careful of.
Entry: $0.369 (aggressive, more cautious traders can wait for rejection from $0.373)
Take-profit: $0.349 (just above range lows)
Stop-loss: $0.3777 (a wider stop-loss at $0.38 can also be considered)
R:R- 2.45
EURGBP potential shortAfter price broke structure to the downside, it impulsively retraced and retested 4h supply zone. It then reversed, breaking structure on a smaller timeframe which gave us a shift in market structure. Price has now formed liquidity which it could potentially use to push further to the downside
AUDNZD for a possible massive dropAs we can clearly see, price is in a bearish phase. It first gave us a reaction of a higher timeframe demand which eventually failed. Price then retraced back up, forming liquidity just below our 1h POI that was left behind when price rallied. This has now provided us an opportunity to catch the rest of the move to the downside through a flip entry that has been established.
which way for USDT.D?"In the given scenario within the daily timeframe, I give a probability of movement 1 or higher. Because if movement 2 is to occur, we need to have trailing orders in place, as it may not seem evident when looking at lower timeframes. As depicted in the image, we can see the executed orders within the specified area. Essentially, we are looking for upward liquidity, and this movement causes a market decline. If the liquidity level is touched, we have a strong area above it, which, in my opinion, indicates a good potential for price growth."
Peopleusdt is it true Orderblock?The footprints of institutions or whales have emerged in these two areas, including the PEOPLE/USDT market. From a price perspective, if we see a price reversal, we can expect an excellent reaction and response in Zone 1, particularly for PEOPLE/USDT. One important factor in this area is VRVP, which is precisely located on the Order Block 1.