Keep in mind that price already hit daily mitigation candlestick for buy entry. But is too risky because of daily downtrend. 71% of retailers are on long position, that means we keep looking for sell opportunities, but carefully. Fast break evens and more quality short entries are suggested in order to minimize our losses in case of trend change because of the...
Per myfxbook, retail is 78% short on NZDJPY, making me bullish. On the 1D, higher highs and higher lows have been made, giving me no reason to go bearish. There's also divergence between price and Cumulative Delta Volume (CDV). CDV has trended up short term, while price had trended down. Suggesting a weak sell. Price has seemed to find support right around 80.00,...
Per myfxbook, retail is 68% short on CADJPY, making me short to mid term bullish. There are also more short term inefficiencies in CADJPY to the long side than the short side. Price has formed support right above the 50% mark of a 1D bullish imbalance, making me even more bullish. Looking for entry at the 50% mark of the 1D, and an ultimate TP at a major 1h...
Today, we're looking at Dogelon, shib, eth and BTC.
I'm long on an all 4 overall.
Specifically bitcoin dogelon and eth as a pumper for today.
Shiba looks to have some liquidity gaps in the 47-52 range so thats a hold and see.
Out of practice talking to a screen but my thoughts are there and i think this next season of bull runs are going to make alot of us very...
Also here I am using two institutional levels. The question is which one is more relevant and the answer: Nobody can tell you that. It is up to that one specific institution which created that zone and is interested to act at this zone.
What do you think?
USD/JPY has a breakout of trendline with some Quasimodo patterns in it. This, indicates the change from downtrend to uptrend.
If we really believe that breakout we can find some sweet spots that allows us to jump into new trend at good price.
Feel free to write your opinion on comment section and stay tuned for updates and more opportunities.
On weekly timeframe, a potential liquidity could float below the double bottom. This is the most likely target. A continuation Quasimodo set up detected on Daily timeframe, so if we believe on our target we could grab the sell opportunity as described on charts. Additionally, we can find an internal liquidity, an extra reason for the market makers to push the...
1. Overall there is a downtrend in the market. So, we are looking for continuation.
2. Too many fresh buyers comes into play. This a sign of short term reversal.
3. Too many retailers runs on profits. This is strong sign of short term reversal.
1. Too many fresh buyers come into play. That means that market will reverse soon (short term reversal)
2. Overall we have downtrend, so we are looking for continuation
3. At the bottom we have large stop loss cluster (around 5.5%)
4. Too many retailers runs in profit and this is sign of short term reversal
5. 60% of retailers runs long positions, that means...
As we know the big players chase the stop losses of retailers to get liquidity. They hit their stop losses and the price returns immediately to make a profit. In this idea we found a large stop loss cluster (5.52%) below the price while the exchange rate is downtrend. This is the potential target of the big players because there they will find the liquidity they...
At 1H timeframe we see a clear manipulation upwards with the result that big players run long positions in loss which they have to close. When the price returns there we can enter a short position to take advantage of this small correction.
There is no trend in the market, so a change at this point seems realistic.
For the moment, many buyers come out of the...
At the daily timeframe we detected a manipulation. Trade seems safe since in a larger timeframe there is a strong uptrend.
Open positions of big players run negatively where the price is. They will probably start closing on Monday, and the market will move upwards.
Our stop loss will be under candlestick that collected liquidity and take profit a little below...
The price reached the institutional candle. Many sell banks positions will close resulting in a strong reversal.
The most demanding traders would expect the price to approach as close as possible to the low of the institutional candlestick, but even now the entry gives a good risk / reward and the stop loss keeps us safe from a break of the double bottom that has...
In the 1H timeframe we find a fairly strong manipulation that keeps open buy positions of big players in loss. If the market returns to this point immediately we can look for our entry above the internal range liquidity. In the red zone is the optimized entry that will give a satisfactory risk / reward ratio.
We have to be careful because the structure has...
