Structure
Institutional Demand: CHF/JPY LongHappy Wednesday Traders!
I've just finished doing my mid-week watch list, and this pair is one of the most interesting ones to watch the upcomign 48hours. I would love to see price move back to the 4hour lows, and when it does see a clean 4hour reversal to position long. Remember if you don't understand my style of trading, watch the most recent video I've posted here on TradingView!
More to come later!
Kind regards,
Max Nieveld
GBPCHF On An IMPORTANT AreaHello traders:
#.WHAT ARE WE EXPECTING:
I'm expecting a reversal pattern that can push price up IMPULSIVELY, there is a pattern forming on the LTF also like the same falling wedge which make the trade still valid and as a confluence to confirm the trade.
#. HOW DO WE ENTER:
Wait for a bullish impulse move on the lower time frame followed by a continuational correction,on the break of LTF correction comes entry
#. OUR STOP LEVEL:
Below lower time frame correction
#. POSSIBLE TARGET:
Top of the falling wedge
AS ALWAYS TRADE SAFE AND STAY SAFE
COMPLEMENT OF THE SEASON 🎄
GBPCAD I Potential upside to resistance Welcome back! Let me know your thoughts in the comments!
**GBPCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Institutional Supply: AUD/USD ShortHi traders, Max here with a second chart to share today!
Similar like the AUD/CAD play, I am waiting for price to also reach the AUD/USD supply zone shown on my chart. Of course the similarities are clear, and the correlation is high. Yet, it is possible that one of the two chart develop nicer on the lower-timeframes, doubling the potential to see a clean and nice setup to execute.
This is one of the reasons that I always like to check pairs that are similar or correlated with eachother, all because my lower time-frame criteria is very strict!
Let's see how it shapes up.
Kind regards,
Max Nieveld
Institutional Supply: AUD/CAD ShortHappy new year!
Let's share some charts with you!
I just finished my live webinar, covering all these pairs in detail with the first one being AUD/CAD short. Look this pair has been pulling back for quite some days now, with this new supply area acting like a magnet to fill-up orders. I will approach this zone like I always do with my mechanical rules. Recently, I shared a video on TradingView where you can see how I like to approach these things!
When price reaches this zone, my tradingview alert will go off and tell me that I need to keep close attention to the developments on the lower-timeframes such as the 4Hour and 1Hour!
Kind regards,
Max Nieveld
CHFJPY I Swing short from resistanceWelcome back! Let me know your thoughts in the comments!
**CHFJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
BTC Shorts - We're going down to $14,000BTC is showing major signs for continuations to the downside.
We are going to likely to shoot down into major magnet level of 14,000/13,800 to be more specific. But we could rally into the 17,000 level before continuing back down.
Plenty of confluences lining up.
Trade With The Trend And Watch Out For Liquidity SweepsHello traders
In this example, we will explain how to trade with the trend and use liquidity as an additional confluence.
1) Price makes a new higher high, momentum is present.
2) After momentum, the price begins to create liquidity, as we talked about in one of the previous posts. Liquidity is a trap for retail and other traders.
3) We see that this is precisely why the manipulation took place, liquidity was picked up, and then the price moved impulsively towards the uptrend.
4) Price creates a new demand zone and impulsively continues bullish again. We see strong momentum.
5) In this situation, we see an excellent trend, we know that the price wants to continue bullish.
6) The price creates liquidity again and at one point, manipulation occurs again, we see a liquidity sweep, and the price from our zone impulsively continues to the uptrend.
- In the next post, we will show you this example on a chart so that you can better understand this concept.
- This is all about today's example, if you liked it, leave a like and write below in the comments if you have any questions.
(KISS) -> Keep it simple stupid !Nifty was in a bullish movement and consolidated in the range of 18604.45
and 15183.40. Then an impulsive move started from 15183.40 to 17838.90
and Nifty got resistance from the above trendline. Then nifty broken it through
breakaway gap. That Gap is being filled and retesting the support of the buyers
at the trendline. If retest find support it will further resume its primary trend.
That's it. Watch for 17750.
How to trade these zones!?Hey traders,
I've been sharing some charts over the past months, yet I've never really shared a video with you on how to use my zones. Today, I've created a video for you, breaking down GBP/CHF in a lot of detail and showing you how I like to keep my trading mechanical and simple.
Thanks, if you want more of these vids, like and comment!
Kind regards,
Max Nieveld
BTC Market Structure Changing - What to watch for
Understanding price action and market structure is one of the most valuable concepts in terms of keeping your head straight in this market. Bitcoin recently printing a couple signs of changing market structure and I wanted to share because sometimes this stuff is almost too simple that people overlook it.
The chart above is showing that after the enormous BTC drop in November, we started to print some higher highs and higher lows. In other terms, the 4hr chart was showing a bullish uptrend. This uptrend is shown by the orange line on the chart. All of this is great and wonderful, but this is where things start to change.
About a week ago, BTC price action pushed through this uptrend and closed a strong bearish candle. This was our first sign that something in the structure/trend is changing. This is an important thing, so I'll repeat it; The price action breaking through the orange trend line DOES NOT mean the market is reversing but it's a great warning sign that it's time to pay attention and be cautious with trades. This price action continued to drop far enough that we have already printed a lower low, which is also marked on the chart. And yet again, this does not mean that the market is reversed and going down, but that it's time to pay close attention to the price action coming up.
So the question is what's next? That is impossible to predict perfectly, but I'd like to share what is incredibly possible using similar market structure and ideas:
If the market structure is actually changing like the warning signs have been saying, then it's fair to expect a lower high to be printed as the market moves in waves. The question is simply where to expect a lower high. It can occur anywhere, but what I have marked on the chart is what I would consider to be a highly likely area for a lower high. This would be retesting a level of strong resistance for BTC. This also overlaps nicely with the Fibonacci golden pocket retracement that BTC loves to follow. That's really all there is to it, just support and a couple Fibonacci levels. This may change as more data comes in the next couple weeks but this is on my radar right now.
Happy trading! And keep an eye out for a lower high in the near future!
Slight word of caution: Volume will likely be very low in the coming 2 weeks due to holidays so don't get caught up too much in the noisy data and price action that occurs between now and the new year
DXY TVC:DXY
English:DXY for me right now is at a point where I woulnd't enter yet. I would wait until it makes a clear move above or under the major level (104.00), wait for a retest and then enter when it gives me a clear candle.
Deutsch: DXY ist für mich gerade an einem Punkt, an dem ich noch nicht einsteigen würde. Ich würde warten, bis es eine klare Bewegung über oder unter das Hauptniveau (104,00) macht, auf einen erneuten Test warten und dann einsteigen, wenn es mir eine klare Kerze gibt.
#GBPJPY here we go again...The chart can talk for it self I'm pretty sure about it. But lets dive into more detail and see what confluences we can find to back up our trading idea...
1- Price is getting very close to structure point means it used to act as support before but now shifted to a resistance
2- Also the area can be considered as a static and classical resistance area, since it's been able to hold price lower every time price got close to the area.
3- Price is at bullish channel middle line which could add to a resistive cluster.
4- From fundamental aspect JPY can gain more power as central banks around the world going to reduce the pace of rising interest rate.
5- other than GBPJPY other JPY pairs are also in resistance area which give us intermarket confluence.
But be aware its very likely that price goes above the last high which showed on the chart by an arrow and then turn to the downside and this is only for liquidity taking activity and to capitulate long traders. However if price can manage to close above the arrow then we can say the chance that resistance area wont hold the price will increase.
#EURJPY selling position opportunityAs we discussed before in #JPYBASKET analysis ( you can see it in related ideas ) we believe JPY is aiming for higher prices due to technical and fundamental analysis, and in order to take advantage of this move we can sell other currencies against JPY.
Price currently in EURJPY pair is moving down and has formed bearish channel in 4H timeframe which can be tested one more time during today trading time or tomorrow. moreover, price managed to get very close to 4H timeframe high and base on market structure analysis if price want to continue moving downward in 4H timeframe it shouldn't close above this area.
In conclusion, for taking a short position on this pair base on 4H time frame we need to see price tap into any of two line drove above the price but fail to close above it. and then get rejected from the area. which can prove that sellers are in the market and also the capitulation move is over too. Also for more validation you can wait to see market structure in lower timeframe also shifted in the favor of the downside move.
EURUSDLooking to buy EURUSD. Bullish structure for Daily and 4hr. Bullish price action on the weekly. Good areas to buy are like now or just a few levels below. I can imagine a few stop losses being around that 4hr structure i market out so dont be suprise if we wick through it for price to just come straigjht back up