GU Price Action for WC 1107 - Short upon LTF BoS confirmationMTF analysis are in the anchored notes for M,W,D,H4, AND H1
Annotations/ Notes and Markups are on the charts
KEY LEVEL = Tried & tested S&R zones
S/R zones are labeled as S/R zones
High Impact News / Potential price catalysts: (My time is GMT +8. Adjust according to your timezones)
TUE, 11/08/2022, (NO SPECIFIC TIME) - CONGRESSIONAL ELECTIONS (USD)
THUR, 11/10/2022, 9:30 PM - CPI NEWS (USD)
FRI, 11/11/2022 , 3:00 PM - NOV 2022 GDP STATS (GBP)
FRI, 11/11/2022 , 11:00 PM - NOV 2022 Prelim UoM Consumer Sentiment (USD)
Orderblocks
SPX 10/31/22 Choppy Sells Today was a good day but a choppy one. Took 3 sell entries and all of the were stopped out. Took 2 additional sells this morning at the open and those went straight to SL, traded a bit too tight initially this morning but the SLs weren't large at all took about a 3% L on those.
The remaining trades were taken off of the -CHOCH (Change Of Character) and -BOS (Break Of Structure) on a couple LTF order blocks on the 1m, 5m, and 15m charts.
Closed the trades for partials manually and left the stops at break even to eventually end the day 9.61% up.
GBP CAD LONG TRADE hello traders
In a session, I am looking forward to a buying opportunity for the GBP CAD targets, as shown in the chart
Analysis
There is a break in the wall of sellers with increasing momentum for buyers, so if the price reaches the mass of orders before breaking the high, we can execute a buy trade
Possible buying opportunity LINK CryptocurrencyWelcome
We have a break in the structure with an increasing momentum for buyers, so if the price reaches the block of orders before breaking the high, we can activate a buy trade, then the targets are as shown in the chart. If the high is broken before the price reaches the block of orders, the order will be canceled
GALA/USDT SHORT TRADE hello traders
In a session, I am waiting for an opportunity to sell the cryptocurrency Gala, first target 0.04375
Second level target 0.04196
Analysis
The price has arrived for a block of sell orders on the daily frame, and there is liquidity that has been grabed, and there is a momentary on a 5 minute frame for sellers
And the price is going up in a corrective way, so it is expected that it will reach the supply area and we will get another moment for the sellers
What is OrderBlock ⁉️ ‼️ Order Blocks are candles where Market Makers (Banks) have placed their positions, generally, the market returns to those candles and they are never violated.
There're 2 types of Order Blocks:
1. The Bullish Order Block is the last bearish candle before the bullish movement, that Break The Market Structure Higher. Represents a high possibility of holding the price, when the price returns to it.
2. The Bearish Order Block is the last bullish candle before the bearish movement, that Break The Market Structure Lower. Represents a high possibility of holding the price, when the price returns to it.
SELL AUDUSD ON ORDER BLOCK CONFIRMATIONSELL AUDUSD
1. Price is inside 4H Point of Interest
2. Liquidity grab has occurred.
3. Price smashed through liquidity and made a new high and formed an Order Block with a Fair Value Gap below.
4. Break of Structure has occurred on the 15M.
5. Entry on the 0.75 level of the Order Block can be taken.
6. Entry level: 0.65096
7. SL: 0.65219
8. TP: 0.64515
9. RR: 4.72
Downside of FTM Cryptocurrencyhello traders
As you can see, the FTM cryptocurrency is in a downward trend, making lower low and lower high
And the price is now retesting the order block with a corrective pattern
The trend is expected to continue and we will get to a new low
SPX500 BUY IDEAVery clean entry -- They really do this at the most unexpected times to get you. I PROMISE YOU HALF the people on that sell was holding the trade and very few people took partials/profits. (GREED) Market wanted all those positions... Promise you there were MANY buy limits at that 0.618 zone as well because people wanted to see it hold there and find resistance to sell off once more..
Will post below Lower time frame chart which I cant post when I publish the Idea (has to be 15M or higher)
BIG SHORT USDCAD (SMC)I found this order block in back at the start of September, was waiting for entry and you can see how perfectly I entered this position. Didn't share this incase it would respect the OB but if u go in the 4h time frame, 2h time frame and bellow you can see how this is being respected. Looking of holding this for a good minute. Because of our economic situation that's going in the world right now I see this trade happening 100%
EURUSD - Bearish Week?
Hey guys!
Here's my perspective on EURUSD this upcoming week.
Enjoy :)
BEFORE WE BEGIN:
This is my perspective. Do your own analysis before taking any trades.
- There are some strong High Impact News this week which may affect the direction of the market. This may ruin this EURUSD idea...
- Also, should the H4 FVG be closed in with a full body candle - aka closing above 0.98563, I am then no longer looking at this idea as price may run a little higher from there.
However, should none of these two events ruin the setup, then I see this idea as highly probable...
MONTHLY
The current Monthly candle has created an Immediate Rebalance as it wicked straight up into previous month's Low and rejected.
As of the Monthly Chart, it looks like price is headed down into Previous Month Low.
This gives us the framework that Shorts down into this level could be ideal.
WEEKLY:
This candle took out Previous Week High (the previous candle), went into the Propulsion Orderblock (Blue Box), and filled a FVG with a nice rejection, closing below the FVG - which is a sign of Bearishness.
This candle's wick High is now an Intermediate Term High as it rebelanced the FVG, and that high should therefore be protected and for price to remain below.
DAILY:
Price is coming from multiple series of Bearish Orderblocks / Propulsion Blocks, proving that the Institutional Orderflow is Bearish.
Market Structure is Bearish.
95.000 Looks Interesting.
H4 TIMEFRAME:
(Look at the chart analysis)
Market Maker Sell Model may be unfolding (grey consolidation boxes).
All imbalances have been filled above current price, showing Bearish orderflow, and no reason to go higher.
According to Market Structure, price should remain below and respect its Protected High and go to it's structural Low (the low on the chart).
The FVG may act as a Breakaway Gap, because GBPUSD has filled that exact FVG on its chart (which also caused minor SMT Divergence).
Should price return into the FVG, I'd like to see price to respect it and NOT close above it. The FVG is also coupled with a Mitigation Block, so rejections in there is likely...
DXY (USD index) looks Bullish as well to support this bearish EU idea...
Also, feel free to check out my other analysis posts. Pretty much a 100% hit rate on the recent breakdowns.