Nasdaq Higher Timeframes AnalysisPrice potentially formed a lower high filling the fair value gap on the weekly timeframe. Potential short from the H4 order block to continue lower and tap into the daily demand zone. Potential bullish reversal on the daily demand.
BOS
BTCUSDTJust chart analysis. Not for buy or sell.
Retail traders - retail traders, technical analysis traders.
EUR/CAD - Ongoing Short BreakEUR/CAD - Ongoing Short Break
> Bullish Trendchannel broken to the downside
> last higher low invalidated
> POC above current price
> Small bearish trendchannel established
EUR/CAD is the mirror image of CAD/CHF (which in turn looks long).
The current market environment is rocky, so use proper risk management if you position yourself in the short direction.
CADCHF ANALYSISCADCHF is going lower, structures are being broken and the main trend is bearish.
DISCLAIMER: This is not a financial advice
EURCAD NEXT MOVEAs you can see, we have a demand area.
We expect the price to react by reaching the 1.31825 area.
EUR/USD Short opportunityDouble top, structure to be closed. Bias is short after last break. Could start dropping already even without taking out double top. We have 1.02 psych level.
CHOCH vs BOS ‼️WHAT IS BOS ?
BOS - break of strucuture. I will use market structure bullish or bearish to understand if the institutions are buying or selling a financial asset.
To spot a bullish / bearish market structure we should see a higher highs and higher lows and viceversa, to spot the continuation of the bullish market structure we should see bullish price action above the last old high in the structure this is the BOS.
BOS for me is a confirmation that price will go higher after the retracement and we are still in a bullish move
WHAT IS CHOCH?
CHOCH - change of character. Also known as reversal, when the price fails to make a new higher high or lower low, then the price broke the structure and continue in other direction.
GBPUSDPrize broke the structure to the downside with great momentum leaving imbalance and creating a supply zone . we are expecting prize to go back and mitigate he OB and resume the bearish move after filling all the imbalance
GBP/USD: Short Trendtrade H1GBP/USD: Short Trendtrade H1
> H4 structural break
> LH and LL established
> POC above current price
> BOS is our sell zone
This is a short-term H1 Setup, coupled with the preceeding H4 structural break.
We already published the H4 idea, but this setup can be used further.
Meikel & Team WSI
GBPCAD Sell FailHey guys i entered this trade and as you can see i had many confluences but got hit out do you think i should of waited for another clear bos after liquidity was taken to enter?
GBP/USD: Short about to rolloverGBP/USD: Short about to rollover
> Price at upper end of overarching bearish trendchannel
> Break of inner bullish trend to the downside
> LL-LH-Sequence
> POC above current price
> General USD-strength ahead of NFP on Friday
Generell USD strength after strong ISM data. Short move likely. Only event risk: NFP on Friday.
As always: Manage your risk, especially during the summer months.
Meikel & Team WSI
Completion of the correction processWith the completion of the downward corrective process and departure from the triangle pattern, the price can continue the upward trend by breaking and retesting the resistances in front of it.
Dealing with block ordersAfter the formation of an imbalance, the price entered the suffering range and after the formation and collection of liquidity, it is expected to continue its decline by collecting OB.
Price within liquidity rangeThe price passing through the liquidity area can continue its downward movement in the main trend when it meets the first orders area.
SELL ORDER BLOCKIn the 30-minute time frame, we see a supply zone.
We are waiting for the price to move towards OB.
Buy OBIn the 30-minute time frame, we see a demand zone.
As you can see, there is a liquidity zone at the price of 1.454.
We expect the price to react upon reaching this area.
GBP/AUD: Long Reversal runningGBP/AUD: Long Reversal running
> Higher High and higher low printed
> Break out of the triangle formation
> POC below current price
> Last weekly high far away
Structurally, this is a long based on the rules of our Wall Street H/L System. It is, however, a little risky ahead of the FED tonight. Why? Because the decision + press conferent COULD lead to direction-changing moves. If you do not mind economic data risk, you can enter.
Also check out my stream on the FED + Swingsetups:
www.tradingview.com
Meikel & Team WSI
EURUSD Case Study SnD Entry ModelWatch this to learn about an entry model I call the Supply/Demand Entry model. This goes over a EURUSD back test showcasing how this works
Enjoy!!!
GBP/CHF: Long Reversal running & FED commentGBP/CHF: Long Reversal running
> Higher high and higher low printes
> inner trendline break
> quadruple bottom
> POC below current price
We are seeing broad GBP-strength, also visible in GBP/CAD, GBP/AUD, GBP/JPY and GBP/NZD. GBP/CHF checks all the criteria for a long entry according to our H/L Wall Street System.
Post Fed Meeting
The dust has settled since the FEDs epxted 75bps interest rate hike. During the press conference Powell communicated what we call a "dovish hike". The FED did hike interest rates, but the forward guidance is not as strongly hawkish as in the past anymore.
Now, the FED ist data-dpendent, which is a softer stance on rate hikes. The consequence is a risk-on reaction in the markets: Stocks are rising, USD and JPY is weakening and Crypto is rallying.
Please always remember:
Trading is a game of probabilities. This means that a single trade is not important. A system plays out over a large number of trades (i.e. 100-200 trades). Every trade should be taken with a risk as a % of your capital. Risk management is absolut key. A win rate of 70% means: Out of 100 trades, you will have 70 wins and 30 SLs. Do not risk your account on the 30 SLs.
Best
Meikel & Team WSI
EUR/GBP H4: Short pressure risingEUR/GBP H4: Short pressure rising
> Bullish trend broken
> Re-Test successfull
> break of structure, change in sequence
> Need a break of the current inner upward trendchannel
Even after the interest rate increase by the ECB, the EUR seems vulnarable, especially because of the ongoing Russia/Ukraine conflict.
A break of the last higher low would increase the probability of a downside movement.
Meikel & your Team WSI
SHIBA buying areain this area in chart i seek to buy shiba!
we have choch + bms in daily chart
wooow! its very strong in smart money concept
stay tone!
