Orderblocks
AAVE's Bullish Pattern🌊AAVE is making waves, and it's not just another ordinary move. It's showcasing a powerful bullish pattern that suggests it's on a mission to dominate the buy side liquidity like a conquering force. The initial target in its sights? $133, and it seems to be approaching this objective with unwavering determination. 📈🌊
The Bullish Pattern Unveiled:
AAVE's price action has unveiled a striking bullish pattern that's capturing the attention of traders and investors alike. This pattern signifies a strong upward momentum, and it's not something to be taken lightly. 📊🚀
Aiming for Liquidity Domination:
What's even more fascinating is AAVE's clear intent to take over the buy side liquidity. This means it's strategically working to clear out buy orders above its current levels, creating a path for further price advancement. 🧭📈
Initial Target: $133:
The first milestone on this journey appears to be the $133 mark. AAVE is seemingly determined to reach this level, and it might not stop there. 🎯🚀
Trading Strategy:
Observation: Keep a close eye on AAVE's price action and the progression of this bullish pattern.
Risk Management: As always, implement risk management strategies to protect your investment, especially in the volatile crypto market.
Fundamental Awareness: Stay informed about AAVE's fundamentals and any news that could influence its price.
Conclusion:
The cryptocurrency market is known for its fascinating patterns and explosive price movements, and AAVE seems to be aligning with this tradition. While patterns can offer insights, they don't guarantee outcomes, so it's essential to trade wisely and adapt your strategy to the dynamic nature of the crypto space.
AAVE's determination to dominate buy side liquidity and its initial target of $133 are compelling signals. As you navigate these exciting waters, stay vigilant and informed, and may your trades be prosperous.
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analysis us30 Peace be upon you, traders, today I want to clarify this analysis that I did with the sniper strategy. I determined the order block, the meteorology block, and the Fibonacci, in which I relied on the most important levels, which are 50%, 61%, 75%, and finally 79%, which is the most important point because it is the maximum. A point to correct the wave, which point is the best of all.
NAS100Peace be upon you, traders, today I want to clarify this analysis that I did with the sniper strategy. I determined the order block, the meteorology block, and the Fibonacci, in which I relied on the most important levels, which are 50%, 61%, 75%, and finally 79%, which is the most important point because it is the maximum. A point to correct the wave, which point is the best of all.
❗ USDJPY: Unimaginable Highs ⚡Crazy right?!😲 Who would have thought we would be back trading at the 1998 highs? Well, here we are.
Sooooo what is the game plan now?
Ideally, we need to figure out a zone to sell from! 👇
So let's figure that out together:
Where is everyone trying to sell from currently?
⚡ The supply zone we are currently trading in.
Where will everyone's stop losses be if they are selling now in this supply zone?
⚡ Above the high.
So where can we expect liquidity and stop loss hunting?
⚡ Above the high.
Great! Now wait for the liquidity grab and begin your search for possible sells once that is complete.
Happy trading folks!! 😀😁😆
Short term sell to H4 OB on EURUSD; then LONGWilling to short to the H4 FVG below, about 121 pips to the downside, then will consider buying up until price reaches a 2 week resistance zone/OB.
I'd like to see if price will re-test 1.05929 to then sell to fill in the gap near 1.04817 - 1.04765. Another option is not participating in the counter-trend and wait to enter once and if price reaches the deep discount area of 1.4781.
NZDUSD: Failing Order Block ❌Price is quickly approaching the main order block/demand zone and buyers will begin scaling in shortly. Personally, I believe price is going to completely disregard this demand and collapse straight through it. With this thesis, we could potentially look at selling into the liquidity sweep from this region.
DXY SHort plan If DXY break that below market area with strong candle . it is likely to come back to this high value area .
go to your chart and open 15 min TF and put one line in 106.836
you will see how many times price has snap back from that area .
its likely MM is selling from that level .
it will be interesting to see how this will play out
Weekly Bias for SPX - 10/1/2023Weekly Chart: Traded into last week's bearish engulfing candle and then took out its low.
Traded into a +POI (W+FVG), wicked near MT at 4236.6
Weekly Idea: Because we are bearish but entered into this +POI, with may get a bounce but would look to see if the PWL is taken out for a continuation lower. For now, I'm 505/50 on this mainly because of the W+FVG. A bullish scenario would need to be revisited
Daily Chart: Price took out the PWL and set a low on the Daily in the W+FVG, however, price bounced from the area without making a new high. This is logic to stay on the downside for now. Another thing to note, Friday's close is at the mid point of the weekly range, Weekly high 4347.4, Weekly Low 4243.2, and Weekly mid point 4295.3, finally Weekly close/ Friday closing price 4295.3.
Daily idea: Because of the close and the price failing to make a new high this give reasoning to at least look for the price to take out the PDL and -LP ( $ trend line liquidity) with best case scenario, price taking out the PWL. A bullish scenario would need to be revisited
4H Chart/Idea: We have a 4H-OB and 4H-FVG, one the LTF, do we have price return to mitigate this area? The +breaker is hold price up for now and this will be the first thing that I look at for a response of what price decides to do. The low was made in a +POI, a +OB but will it hold?
Weekly Bias for DXY/GU - 10/1/23Weekly Chart: DXY and GU both have reach POI, on DXY a W-OB and on GU a W+FVG. In this scenario, I'd be looking for DXY to see how we respond to the PWH if we fail to take it out and trade back into last week's range, I'll look to the downside potentially. If we trade through it, the +LP at 107.993 will be the next draw. GU will have to deal with the W+FVG and the YOP which may be a tough task.
Weekly Idea: DXY's strength be the thing I'm watching. This is a good area to fall from and that will spring GU to the up side. A fall lines up with the YOP holding price up on GU. However, if we take out the high on DXY, GU reaches into the YOP
Daily Chart: The first draw is the PDH on DXY and the PDL on GU. We will need to pay attention to how the engulfing candles made on Thursday on DXY/GU are handled and this will be a range that the LTF will need to deal with.
4H Chart: DXY has a small 4H-FVG but the one above it is the one I'm interested in. The PDH has already been taken out and the response to the highs are what I'm looking for. On GU, the PDL hasn't been taken yet but its at risk so, I'll be looking at how price reacts to all of the +POIs (D+FVG,4H+Breaker, and the 4H+FVG, 4H+OB). If DXY fails to push through PDH, well look for price to trade into the 4H+FVG and and the same time I'll be looking at price inside of the 4H-FVG on GU.
Weekly Bias for Nas100 - 10/1/2023Weekly Chart: Price took out the PWL and the August low into a W+OB and we did close positively for the week. We did create the low of a W-FVG (not drawn but, it's there) and price closed near the middle of the weekly range, Weekly High 14906.5, Weekly Low 14429.3, Weekly Mid point 14667.9, Weekly close 14741.8.
Weekly idea: Price took out lows into the W+OB but for now there is a W+FVG below that may be the target. If we take out the PDL, this will be my target into the the W+FVG(H) near 14232.7. In order to turn bullish I will need to see a high taken out and I'll want to see what price does inside the W-FVG.
Daily Chart: Price traded into a D-FVG and set the high near the D-FVG (MT) and left a huge wick with a Friday close near the Mid point of the Weekly range. We took out the bearish engulfing made on Tuesday but by Friday we traded back into it.
Daily Idea: Price leaving that large wick will cause for me to look at how price response to the close, middle and high of the candle. Do we fail inside this wick or take out the high? This is the question I'll be looking to answer. If we fail, I'll be looking to take out the PDL and THURS PDL. If we take out the high, price should close the D-FVG and trade into another D-FVG just above (not drawn) with the low near 14974.1.
4H Chart: Price left a 4H-OB inside the daily wick and the low was made inside a 4H+FVG(H) 14661.5. There is a +CHOCH above THURS PDH and the this is my hesitation to go full on bearish on the short term. There is also a 4H+Breaker that Friday could not take out as well.
4H Idea: I want to see if price will take out the 4H-OB or the PDL
GbpJpy This is what makes the most sense to me heading in to October...
Monthly wicks respected although the monthly candle actually closed in it's lower 3rd I'm bullish on all TF's
181.60 is a valid MP, OB, TL/Retest, FVG and last weeks opening price...
IF we pull back this far we will also be hitting the 0.7 fib level and I fully expect this level to hold
Accumulation-Manipulation-Trend
EURAUD: When China's news make Aussie and other Asians strong! My dear friends,
Thursday, 14 September, 2023 and ECB interest rate decision is on the way. We'll wait for confirmations.
But before ECB meeting, series of several bad economical news over China's financial stability were published. Market reacted to them rationally. Suddenly the red dragon start to regain it's reputation. Good news for China means stronger Aussie, Kiwi and Yen!
A personal belief: Markets are not optimist to China's long-term relations with the free world and it makes them avoid longer term investing on Asian currencies. We could expect a more bearish weeks for them in next months, however, we don't hold that much so a mid-term bearish correction could be a opportunity for us!
Regarding the weekly chart, some more corrective weekly candles are expected.
snapshot
Considering the daily timeframe, market structure has changed so there could be a stop hunt around 1.68950
snapshot
The horizontal level could be a high probable and good R-to-R entry point.
Levels are based on: Order-blocks, Pivot Points, Support and resistance and Reversal points.