Based on ICT’s 2022 mentorship. We see a liquidity sweep and a break of structure that left behind imbalance (fair value gap) which also aligns with an orderblock in both the 30m and 1h timeframe. Expecting price to fall to 103.119 to buy up to a micro swing high (103.371)
Price trending bullish within a trading range. The idea is to buy it towards a supply zone for the continuation of expansion in the higher timeframe bearish bias or to buy it towards a potential trend line reversal
There’s a 4 hour unmitigated order block which I intend buying to so as to fill up imbalance. Looking at fundamentals today Canadian dollar is going to be bullish which inversely means that Audcad would be bearish. So setting buy limits at the 30minutes POI to buy from. If price does not hit my targets before 14:30 gmt+1 I would delete them so as not to be caught...
Order flow continuation in a supply zone. Price gives us a change of character confirmation by breaking structure twice. Goal is to sell to the low to create a lower low
Price creates a low above an imbalance and an OB, waiting for the low to be liquidated and then look for a smaller timeframe confirmation
In the chart I saw a supply zone(I red) and in this supply zone was a 5 minute order block which I marked out(in blue). This order block broke structure and volume increased after it was formed. Price retraces into my supply zone and taped into my order block. I've been trigered into the trade with zero pips drawdown. A risk of 6 pips. Reward of 90 pips. My take...
In the chart we see Clear areas of support and resistance. The support levels was broken thereby instigating sells and stoping out those who bought and the support. Price also hits the stop losses of the sellers who sold at the break. Now mitigation is complete. Price is to return to an order block in the support mitigation and then buy off to a double top to grab...
Price breaking out of a trend line. Seeking to clear liquidity from the lows. Price mitigated asian big and is returning to the order block in the mitigation
Price tested a bearish order block and gave an incomplete wykoff distribution(LPSY remains untested). Price tapped into the LPSY (sniper entry) and is beginning to sell off. Price is to sell until it gets to the order block (in blue) This blue order block mitigated the weekly double bottom formed previously and price would by off from there. This is a fantastic...
In the chart price mitigates asian high and also a double top, tapping into 50% of 1h order block going on for a sell. Expecting price to mitigate asian low taping into a smaller timeframe demand zone and buy up to the order block form at the asian high mitigation. Then continue the general sell to the weekly low. Price expected movement is shown in the arrow
Break of structure coming back to retest an order block. 17 pips risk. 268 pips reward. #smart_money_concepts
Using my 3 rules of SMC I looks at the higher timeframe and I see a Clear down trend. So my bias is a sell. Secondly I look at for areas of supply and demand and I see a supply zone which has already been tested so I looks out for points of re-entry. To re-enter I check on the 4 hour tf and saw an order block which had broken structure, has momentum and volume...
Smart Money Concepts In gold we see a perfect set up at which smart money could play out. In the daily time frame we see a clearly bullish market so my bias is a buy At the 4 hour and 1 hour We see some series of almost equal lows. Which we have marked out with a rectangle. What this means now is that there is liquidity below these lows. Price takes out this...
Still using smart money concepts we have a set up with Risk Reward of 1:9 In the higher frames we see a bearish trend. In the 1 hour time frame we see a series of equal highs. This means there is accumulation of liquidity above this equal highs. Secondly we see price taking out that liquidity in a form of stop raid leaving behind an order block in the 30...
Using smart money concept we have a possible sell set up for CADJPY Using a 3 rule rule principal of; 1. Trend 2. Zone of supply or demand 3. Entry Under the monthly Time frame we see a clearly bearish market. So our bias is sell, we look out for only sells. In the daily time Frame we spot a clear zone of supply in the form of order block. The order block is...
Possible sell for. Using order block confirmation We see an order block which broke structure, have volume, had momentum and broke structure. Our entry is 129.709 Our stop loss 129.783 Our take profit is 128.410 Our risk is 7 pips Our reward is 129 pips Our risk reward 1:18
Keeping my chart clean and easy to understand I'm locating points of interest. Areas where price would most likely go for a buy. In the higher time frames we get our bias which is a buy. Now I've located a double bottom which in effect means liquid it. Price is most likely going for a stop raid of this liquidity or liquidity grab and get momentum for the buy. To...