Get started

PO3

GBPUSD bullish intraday template I have a bullish bias for GBP/USD, following a simple bullish template. I'll maintain this bullish bias while closely monitoring how price reacts to allocated 1-hour Fibonacci retracement 1hour FVG and the previous higher high. However, I'm aware that price may not react bullishly in this area, as it could be drawn toward the daily low due to a daily bullish FVG, which aligns with another 1-hour FVG. I'm open to the possibility of a deeper retracement, which could involve grabbing liquidity before the bullish momentum resumes. My objective is to close the day with a strong bullish candlestick, ideally closing above the daily inner FVG (iFVG) and the weekly FVG (wFVG) IF bullish entries present itself
Long
by facelessfx
3
BTC USD Monthly OutlookHello Everyone, This idea is based on one of possible probability of Quarterly PO3. -July Month the price did the consolidation which can be considered as Accumulation. -July Last Week and August 1st Week Gave a downside move to the Weekly FVG & Weekly Inverse FVG which can be considered as Manipulation. - Now the Price is picking up momentum on Lower timeframe and trying to breakout from the trendline resistance. If Price gives a good move this week I'm expecting that the Distribution have started and target will be July Highs and it can move further up towards Weekly & Monthly FVG.
by HexCapital
BTC/USDT : 60K must hold or either we'll retest 47KBINANCE:BTCUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! #BTC is now moving at $60782.19 as we talking, It just broke below the rising wedge. The target of the formed rising wedge is $49160; But firstly it needs to break below the 60K level ! Now as we are standing in a good spot to take LONG, I just managed to take a low risk LONG on $60500 - 61500 as entry and set SL on $59950 as a daily candle close below it. If we lose this level then mostly we'll lose the bull-run till early February; So it's our bullish invalidation for now, And I won't change the bias till 47K's retest level ! 📌 Similar structure with Local High on April 2021, Possibility to experience another huge market crash ? As you can see there's a similar pattern formation with April's High, - Both have similar rising wedge pattern. - Both have the developed PO3 - On April, We lost the wedge and 60K as a drop confirmation ! 📚 Also there are two other fractal based similarities on lower timeframes 👇🏼 - Similar PO3 development with April's 2021 : As you can see the structure of the PO3s are the same but in different time-frames which is not important for us in big picture of fractal ! Based on the higher chart, We may face the drop after losing the 60K level and experience the repetition of April's high. 📍 But on other hand we have a positive fractal too 😉 - Similar Range development with September's 2021 : On other hand, We have a bullish similar structure with our last beginning range, Which has lead #BTC to 74% surge to $69000.00 level. According to the data, If #BTC holds 60K; Then we'll experience the same surge rate on the new cycle ! 📑Conclusion : BTC's structure is still remain bullish, So we'll act bullish as long as #BTC remains above 60K level. Once we lose the 60K level, Then we'll might retest 47K or lower ! 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 on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
46