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.
Orderblocks
SELL AUDUSD ON ORDER BLOCK CONFIRMATIONSELL AUDUSD
1. Price is inside 4H Point of Interest
2. Liquidity grab has occurred.
3. Price smashed through liquidity and made a new high and formed an Order Block with a Fair Value Gap below.
4. Break of Structure has occurred on the 15M.
5. Entry on the 0.75 level of the Order Block can be taken.
6. Entry level: 0.65096
7. SL: 0.65219
8. TP: 0.64515
9. RR: 4.72
SPX500 BUY IDEAVery clean entry -- They really do this at the most unexpected times to get you. I PROMISE YOU HALF the people on that sell was holding the trade and very few people took partials/profits. (GREED) Market wanted all those positions... Promise you there were MANY buy limits at that 0.618 zone as well because people wanted to see it hold there and find resistance to sell off once more..
Will post below Lower time frame chart which I cant post when I publish the Idea (has to be 15M or higher)
BIG SHORT USDCAD (SMC)I found this order block in back at the start of September, was waiting for entry and you can see how perfectly I entered this position. Didn't share this incase it would respect the OB but if u go in the 4h time frame, 2h time frame and bellow you can see how this is being respected. Looking of holding this for a good minute. Because of our economic situation that's going in the world right now I see this trade happening 100%
EURUSD - Bearish Week?
Hey guys!
Here's my perspective on EURUSD this upcoming week.
Enjoy :)
BEFORE WE BEGIN:
This is my perspective. Do your own analysis before taking any trades.
- There are some strong High Impact News this week which may affect the direction of the market. This may ruin this EURUSD idea...
- Also, should the H4 FVG be closed in with a full body candle - aka closing above 0.98563, I am then no longer looking at this idea as price may run a little higher from there.
However, should none of these two events ruin the setup, then I see this idea as highly probable...
MONTHLY
The current Monthly candle has created an Immediate Rebalance as it wicked straight up into previous month's Low and rejected.
As of the Monthly Chart, it looks like price is headed down into Previous Month Low.
This gives us the framework that Shorts down into this level could be ideal.
WEEKLY:
This candle took out Previous Week High (the previous candle), went into the Propulsion Orderblock (Blue Box), and filled a FVG with a nice rejection, closing below the FVG - which is a sign of Bearishness.
This candle's wick High is now an Intermediate Term High as it rebelanced the FVG, and that high should therefore be protected and for price to remain below.
DAILY:
Price is coming from multiple series of Bearish Orderblocks / Propulsion Blocks, proving that the Institutional Orderflow is Bearish.
Market Structure is Bearish.
95.000 Looks Interesting.
H4 TIMEFRAME:
(Look at the chart analysis)
Market Maker Sell Model may be unfolding (grey consolidation boxes).
All imbalances have been filled above current price, showing Bearish orderflow, and no reason to go higher.
According to Market Structure, price should remain below and respect its Protected High and go to it's structural Low (the low on the chart).
The FVG may act as a Breakaway Gap, because GBPUSD has filled that exact FVG on its chart (which also caused minor SMT Divergence).
Should price return into the FVG, I'd like to see price to respect it and NOT close above it. The FVG is also coupled with a Mitigation Block, so rejections in there is likely...
DXY (USD index) looks Bullish as well to support this bearish EU idea...
Also, feel free to check out my other analysis posts. Pretty much a 100% hit rate on the recent breakdowns.
SHORTPrice is clearly on a downtrend after clear break of structure on Month and weekly timeframes. It is possible for price to retrace to the Daily orderblock (refined on H1) for clear shorts. There's also a possible sell at the cmp where we have an M15 OB and retest of Daily BMS. Possible targets and stop losses indicated.
Risk management is highly encouraged.
All the best.
Possible buy entry for the DollarHello traders,
Below the price level of 112.583 lies sell-side liquidity.
It is a significant level because it has a swing low with an FVG below it.
We should see the price come to this level before looking for buying opportunities since a Bullish Orderblock was formed yesterday on the Daily timeframe.
Good luck💥
USDCAD Analysis for the week of Oct. 16In this presentation I highlight my analysis for USDCAD. Currently price is reacting pretty strongly off a long term Weekly Bearish Order Block. Which in my opinion could be the perfect storm for a price reversal. Price has already reacted from a longterm Weekly -FVG, and has since traded back through it seeking higher liquidity. Please check the video out for more detail of how I plan to handle this current market condition. Bless.