MATICUSD: Potential Bullish Divergence Above Previous ResistanceMatic has come back down really hard towards the Moving Averages and the Support/Resistance Zone and the Downwards Move is quite overdone on the Lower Timeframes; if things go well we will see Matic hold above the green line and attempt to make an eventual higher or equal high.
Stophunt
P2P | Backtesting - EURO/USDWelcome ladies and gents to another backtesting segment! In this clip I wanted to show more of the knowledge I've been learning through ICT and how effective its been.
Here in this video I'm (doing my best) to go over trades, time of day, price action, and why I did or didn't take the trade.
(Note: these are just backtest trade concepts, I did not actually take the trades)
I'm usually looking to scalp the markets because I tend to be somewhat impatient but after I started getting more followers asking about certain pairs (that I didn't trade) I felt it was necessary to develop more of my weakness toward swing trading.
I don't necessarily have a weakness in trading, it's more of what I'm comfortable trading.
So here's a bit of insight to what I was seeing and some of the knowledge I picked up from a few ICT videos.
As always gang, happy trading, trade well, and lets run it up from 2023 til infinity!
You can help continue to grow the page by liking and following the channel, and if you get any value from this to boost it too!
DISCLAIMER
***This page is for educational purposes only and is not intended for any financial arise. I am not a financial advisor nor do I manage any other accounts for users. Any trades you take will be of your own doing and P2P will not be held responsible.***
GBPAUD UPDATEOn the monthly TF price closed with a bearish shooting star formation with a potential wick to fill, price has now removed all the stops above the high of the previous week and has trapped bulls into the market. On the LTF we can identify areas of liquidity with a huge double bottom and Asia session imbalance to fill.
I am waiting patiently for the high of the previous day to get taken out then I will consider looking for short entries at the psychological level 1.82800, IF we get correct confirmations.
📉✌XAUUSD 2H Long Position✌📈BINANCE:BTCUSDT
COINBASE:BTCUSD
💥Pitchfork Setup💥
If the price stays between the yellow boxes, a long position has a good chance of winning. (Enter in several steps)
Don't forget to risk-free your positions.
Optimal stop-loss is on the chart.
Please share ideas and leave a comment,
Let me know what's your idea.
CrazyS✌
Thoughts I think price will go to 0.96080
With that in mind we see price just came off that weekly fair value gap and broke structure to the downside
Guessing a fair value gap will form on the daily to facilitate shorts
On the 4H I'm expecting a pullback into premium before I consider shorts
But for day trades you can try to buy this as the pullback may seem as a trend on lower timeframes
Not going to talk about targets
hope this was helpful
AUDUSD, ICT Stop Hunt, Equal Highs/LowsJournal Entry 1, a won trade R:R at around 2. First I started with weekly bias, haven't studied that yet so I used 9/18 EMA MA cloud and then a weekly/daily cross & bias confirmation. The weekly bias is short. I notice equal highs at M15 timeframe and a run up and start looking for the stop hunt at M3 . As soon as there is a break in market structure down the algo changes program to sell. This particular change in program only appears at liquidity pool in this case buyside liquidity (Buy Breakout traders trapped and Short traders with buy stops above resistance trapped too and used as liquidity). Another sign of algo buying here is the FVG (smart money buying), which shows its hand clearly and at that moment it's the stop hunt. FVG coupled with BMS at liquidity pool is a sure sign of stop hunt. Target determined by liquidity matrix (Fibonacci with only 50% level drew from highest high to the lowest low of the session). At that point price is at discount and the target is going to be at premium side of the matrix. Price bounced of several liquidity pools and liquidity pools + FVG and settled at FVG. I grabbed the first liquidity pool + FVG target at premium side. A fine trade if you ask me.
3800% growth for the #FET...Hello guys...
as you can see on chart, #fetusdt formed a sloping double top and target of this pattern is as high as height of head that mean price should touch $0.0315
on the other hand, on $0.03 area is on QML and lq bar that make this area super strength for starting bullish trend until $1.15.
it is excellent position
entry:0.0315
target: 1.15
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment.
📉🐻Bears are waiting for an entry🐻📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first look at my previous analysis and positions on ETHUSDT & BTCUSDT and AUDUSD & USDCAD.
This current price growth in Bitcoin could be the pullback to the pattern-breaking range.
A sell position in the red area can have a high chance of winning.
Just don't forget to risk-free your positions when they reached the risk-free level.
TP1 in green ==> for long position.(My previous analysis)
TP1-2-3 in red ==> for short position.
The optimum stop-loss for each position is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
XLMUSDT Short-term upward movementHello guys
This currency has stop-hunt that level and confirmed a possibility of a short upward movement to the bearish trend line, but as you can see in the weekly timeframe image, it needs to downward to the price range of 5.7-8.5 cents, and that area has potential to start the growth of this currency.
In the future, this analysis will be updated.
follow me please and like this post.
thanks for your attention!
ADAUSDT - Stop Hunt with Wyckoff Method📉📈Hi Traders, Investors and Speculators
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
A quick look at Cardano / ADAUSD / ADAUSDT . I believe that we are currently in the market cycle of accumulation , according to the Wyckoff Method market phases. The four phases of the market cycle are accumulation, markup, distribution, and markdown.
During the accumulation phase, a new cycle begins that generates a trading range. The pattern often creates a strong resistance zone / failure point / spring . This is the precursor to another bull cycle, but it can last an extended period of time. The final moments of this phase will attract algorithm trading driven stop hunting , often observed near downtrend lows, where price drops just underneath key support and then triggers a sell-off. This is followed by a recovery wave that lifts the price back above support.
So - What Is Stop Hunt ?
Stop hunting is a strategy that attempts to force traders out of their positions by driving the price of an asset to a level where many people have chosen to set stop-loss orders. The triggering of many stop losses at once typically creates high volatility and this is often very obvious during the accumulation phase of the Wyckoff Method.
If we take all of the above into consideration, the price of Cardano can still drop and fall within a range multiple times until a clear bottom is established and the next markup phase / bull cycle starts. In the video above, I take a look at possible bounce zones and a target for the SOS ( sign of strength, a price advance on increasing spread and relatively higher volume ). I have also highlighted the next phase of the accumulation cycle, the BU (back-up). At this point, short-term profit-taking occurs and a test for additional supply around the area of resistance. A back-up is a common structural element preceding a more substantial price mark-up (SOS) .
Here, I did an analysis on Bitcoin / BTCUSD / BTCUSDT using the Wyckoff Method:
Related news Highlights in Crypto :
📢Elon Musk claims crypto is not contributing to an environmentally sustainable future, also says that Tesla has not sold any of its Dogecoin holdings and he will be open to increase Bitcoin holdings again after recently selling 75% of Tesla's btc holdings
📢 Jed Mccaleb closes his infamous “tacostand” XRPUSDT account
📢UK Finance Minister announces that a bill for stablecoins will be introduced this week
📢Crypto exchange Bitstamp will charge inactive users a monthly fee of $10.20
📢XRP flips BUSD and becomes worlds 6th largest crypto by market cap
📢US Senator Cynthia Lummis says crypto regulation bill will only be considered in 2023
_________________
👀Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 📉
Hit like & Follow 🔔
We thank you for your support !
CryptoCheck
USDCAD: Weak Demand 🚨When price gets delivered to a demand zone in a compression format, It usually means a liquidity grab is coming.
Price could either fall through the demand zone aggressively OR gives buyers an initial lure before dying off as illustrated.
Either way, this is a great pair to watch today!
Let me know what you think in the comment section 💬