daily structure has already shown a choch to the downside. we have a solid retest to our fair value gap. I can see price selling down to the next level of that daily support
I love how price has broken the daily high and now is giving signs it might be ready for a bullish run. had a nice breakout and now have retraced to my golden zone around the 75% on the fib and have price action giving bullish vibes.. about a 30 pip risk for me on this trade. using proper risk I like this setup final target around 47 pips
OVERALL TREND IS GOING DOWN. the short term buy was completed at our 75% zone area. Waited for that retracement phase to be finished. I believe price is giving us the price action we are looking for the get in this sell with about 34 pips for the risk. Using my zones on the fibb for our targets.
I Have taken the time to identify all of the key order blocks and fair value gaps. These will be key areas where I will be looking for entries and exits. I will be going to the lower time frame to get a closer look at what is taking place to give me a clearer bias of where price me be going this week.
Price did close below our 75% level on the fibb, if you took the trade you would be about 121 pips in profit and tp 1 being the next fibb level would give you 150 pips and that is where u can look go to move your stop loss to break even plus spread to avoid potential losses
If price can close below the 75% on the fibb I am looking to scalp this sell for the continued sell. risk is about 260 pip risk on this trade. up for the london session lets see how it plays out.. had a solid choch and a bos showing signs the markets wants to continue selling.
liking this early entry sell on nas.. we had a nice liquidity grab.. rsi was over brought.. we should see a decent drop.. also have some other sell zones marked up as that is were new lows would be created further confirming downward momentum. lets see how this plays out.. get about 200 to 400 pips protect your trade and make it risk free.
price was very bearish to close out last week. I now see on the lower time frame we have a lot of imbalance to fill and we have some small abc sequences forming showing it might be a nice retracement yes going against the trend but we have potential to atleast get 200 to 600 pips. with potential for much more if price retraces to our golden zone of the fibb at...
I like the structure that occured. giving us a nice setup for the retracement to fill up some imbalance below. we are at an area of supply with some more supply above so price can continue bullish but if we can get a close below this current support can be set up for a nice trade. about a 30 pips risk.
Price took a while to reach our target but thats how cryptos move. we did get that liquidity grabbed and the finally started tanking.. hitting our target plus more. which I expected to happen which is why our take profit is above that zone ensuring that our trade would close considering the pips taken up by brokers spread
price was consolidated for quite some time. I can see a different drop. after every 50 pips you can move your stop loss into profit to protect your trades until the final destination. a nice break below structure
we have some liquidity building up which is what we want to see. had a really big daily sell candle. definitely expected a retracement. might take another entry if we and get a bos of this pullback that is forming..
big bitoin holders have been removing millions of their investments into other assets. this and the imbalance below gave us a great setup.. 4 days later the daily candle opened really strong and bearish now we are deep in profits with the final goal being around that 75% on the fibb
we aredeep in profit. Price finally broker structure and is now filling up some of that imbalance
seems like we are finally getting a breakblock and bos to the down side we were waiting for. love using a pitch fork powerful tool when used right can be a powerful zone to zone for setups along the structure. lets see if we can get a drop today on it
have a nice raid into a bearish engulfing pattern which gives me the indication the banks may be ready to coninue to the downside.
Liking how this sell played out. was able to hit about 96 pips. I can still see this giving us a nice sell down to the next level of support
simple market structure with smc .. I like that fact that we have a 4hr raid that has just finished. giving me confirmation that may be finished with the current bullish move. possible giving us some retracement to the liquidity that resides below