USD/CAD has been on a downtrend for a long time and recently broke the most recent lower high indicating its ready to go towards the upside. I am looking to take a buy position from the orderblock located on the 30min timeframe back to the upside. 1 to 18 risk to reward
Price tapped into 1hr order block and broke structure on 3min timeframe showing buying pressure. Im patiently waiting on price to retrace back into new order block created on the 1min timeframe with a buy limit set. I am aiming for a large take profit on the 1hr timeframe which is a 1 to 26 i believe (i forgot the risk to reward lol).
just an update showing my entry. this is where i wanna go short and i have an alert set @2.5% and ultimate tp @major swing high which is also London liquidity. Lets pray we get tagged!
i'm looking to short xauusd at either one of these zones. only if a choch is givin will i enter. and ill take partials at 2.5% and let the rest run.
We tapped into a higher time frame supply zone and sellers came in hard and caused a choch on the 5min timeframe. im looking to sell it once price comes back into the supply zone responsible for the choch. Then take profit at the first demand on the way down.
price has fell into higher timeframe demand and displayed a choch on the lower timeframes. im looking to buy back up into higher timeframe supply.
price has barley breached the higher time-frame supply zone so i'ma take that as an indication that price may want to go higher. so i'm looking for a conformation pattern to from in my demand zone to buy it back up to the most recent high. If no confirmation is given then i wont trade from that demand zone.
this seems like a possible play based on supply and demand tied in with market structure. Its a counter-trend trade because I believe the higher time-frame bias is bearish. So ill try and buy from demand into the extreme supply zone and look for a possible sell opportunity from the if possible.
Short Counter-trend trade. I'm planning to sell to buy this crypto market. lets see how it plays out
Crazy 1:46RR trade on GU. I believe we are going to see some bullish price action off a 5min demand zone. From that zone ima take profit at the higher supply zone with a bit of imbalance left above 1.26300. Bit of a long shot but hey, im good from deep:)
Im going for a crazy 1:40 on gold and a 1:20 if that fails. I believe it is bullish and we are going to the higher supply area above 1874.00. Now idk if price will return to any of my demand zones, being it already too the H4 imbalance and tapped into the order block but if so we shall see what happens.
Tapped into supply Zone and a CHOCH has formed on the 4H. Looking to catch a short trade from the imbalance area that help cause the CHOCH and target a 45min Demand zone. Might also try and catch a small counter trade back into the Supply if possible
long shot but possible play. ltf entry with a higher timeframe take profit
I got EUR/JPY going long from a 15min unmitigated demand area. Two entries on the tip and the 50% of the zone. Also Taking profit along the way at Swing highs.
I believe CAD/JPY will sell off huge based on my basic understanding of smart money concepts. I have an entry on a 3min order block that was located in a htf poi that caused a break in market structure. Ill hold it until a daily poi is reached. Resulting in a 1 to 145. I have 2 entires, 1 at the 3 min poi and the other at the 5min poi. Both 4-5 pip stops.
Based off my basic understanding of smart money, I believe GBP/AUD will rally up to Daily Supply sitting around 1.80260. Two added confluences would be the RSI being oversold on the Daily and its diverging. Plus the retracement level of the daily supply sits between Fibonacci levels .79 & .886.
My predictions on what I believe could happen with EUR/USD. Based on my basic understanding of smart money concepts.
Possible long play utilizing Smart Money Concept. Easy 1/7RR if alls well ;)