Orderblocks
Is the market still on aggressive downtrend ? Hello ladies & gentlemen ,According to my analysis ,I think that expecting something in this market condition is hard ,the fed still increasing the interest rates ,which affect negatively the market ,But as we see in the chart the price goes upwards from there,also we are waiting for good confirmation to take clean trades.
So ,if you have any opinion or suggestion ,write below to discuss it.
The Overnight Diagonal That Manipulated Your Falsified GainsNow as of recently I have become submerged into Elliott wave theory.
It helps me define order flow on a fractal level and with the implementation of certain other order flow concepts,
I can then define the intent of order flow between sessions.
Elliott wave is fundamental in understanding market structure. Impulses and Corrections are fundamental in driving liquidating factors into the market and also actually
helping in drawing the correct Fibonacci levels as EWT has rules. And as traders we need rules as with every game, but it adds to confluence and the overall strategy in defining
well positioned entries.
Another Concept I implement is the Volume Spread analysis. Everyone has their take on volume, but volume is their as a leading indicator to show you between each timeframe which
transactions were of the dominant force, and also who is the dominating pressure inside each candlestick no matter the time frame.
With this knowledge you can then break down each candlestick to define the motive and where and why and to which extent order flow may extend and the overall transactional bias in the market by seeing the divergences
between the spread and the volume.
This is definitely a good foot print as well blending in session open times and closes. I personally enjoy the killzone theory conceptualized by ICT as it does help with timing and is based around the major session times when
volume enters the market.
Wyckoff models are a good study as blending volume spread analysis will aid in picking potential market tops and bottoms, EWT sealing the cap with knowing how certain intentions by large market participants are fractalized.
This here is the Overnight Diagonal which is very manipulative.
Diagonals take time to notice, but VSA helps bring confluence in determining whether or not the timing of a trade is high probability.
Remember, then manipulator always win, as that what manipulators are all for, self interest.
USOIL - Short Idea 💡Here we have my outlook for USOIL
Looking for shorts from either of the 2 highlighted area's shown on the charts and targeting the lower H1 OB sitting above the price gap which i expect to be filled.
As for an Entry method for this trade i will be monitoring the lower time frame price action at the supply area's on the chart and looking for bearish LTF confirmations before entering.
Always remember to use proper risk management, this is what will keep you in this game long term! :)
M15 chart below
EUR/USD SELL IDEAStoryline: EU is currently in a bearish condition and has been that way for a minute.
Basically the whole year so far. Last week price action initiated a sell for the continuation of the trend.
Price is currently moving off a weekly OB and headed for 0.95429 which is the -sell side liquidity that lies below the previous range swing low.
0.94655 and 0.87377 would be the levels to look forward to get tagged next.
Follow for more...
Thanks for reading :)
The Fall of Dollar is Around the Corner ... Bearish Dollar?DXY is close to a premium array (-OB)
Dollar Price is Bearish Long Term. The Open of the OB (116.457) would be ideal to expect the sell come in...
Confirmation is vital in my trading so won't just enter straight away.
I will post another idea for the sell entry.
This is just to call y'all attention to what I see on DXY.
If the sell does come in then the First Target on Monthly TF would be 88.493.
Follow for more quality trade Ideas...Trade Safe ;)
NZD CHF ANALYSIS hello traders
I will share an accurate analysis of the NZD CHF
Using waveform analysis and smart money strategy
First, the wave analysis
The main motive wave is to the downside and now the price is correcting and the correction is still not completed. We have a strong bullish wave and a bearish wave in the form of an ABC pattern.
I have to have another strong upward wave
Secondly, Smart Money
The price was moving in a downtrend and is lower high and lower low
Then there was a change in behavior and a higher high . universe
Then it is equal high and represents the liquidity, and we have confirmation of price reversal from the block of orders where the price was lower high and lower low and there was a change in behavior and the price was higher high and higher low
By 90%, the price is heading to break the level of 0.57000
Smart Money SHORT | GBPUSDLooking at GBPUSD
Asian session low has already been manipulated / We have had a CHoCH to the downside and now I'm looking for a shorting opportunity.
The first target is the previous low and then long-term target is back down at 1.03
There is a strong possibility that we manipulate the Asian highs before moving low but it's a trade I'm willing to take the trading opportunity.
BTC D short-term ideaHi
this is my idea about BTC for few days
since the August CPI announcement, the percentage of downtrend after important data releases (at least for now)
has been getting littler
(9/13→August CPI)
(9/22→FED Interest rate releasing)
(10/7→FED Non-farm Payrolls)
***but the Sep CPI announcement on the coming Thursday should impact prices (just a matter of how big)***
BTC price has been in an uptrend tunnel since 9/21
continue to make HL,
even NFP impacted, the price stopped falling once it hit demand zone (is given on chart)
if uptrend tunnel is still valid after CPI announcemt (10/13),
I will consider finding a bullish entry point that should be found in LTF and match demand zone is better (LTF & HTF''s demand zone)
TP set at the lower edge of supply zone (is given on chart as well)
that's is just personal opinion, not investment advice
any suggestion and feedback are welcome!