EURUSD 3H PROJECTIONEURUSD Has Grabed the Liquidity Under 2 equal Lows, And Now has Most Chances of Moving TO the Upside, Also we have ORDER BLOCK Under These Equal Lows .
BOS
CHFJPY 30 MIN PROJECTIONCHFJPY is Overall in UP Trend. It has Grabed the Sell Side Liquidity Previousy And Rejecting After Getting Support From its Order Block Area.
How to find THE BEST SHORT entry in a Range bounding market !!!!Welcome to this tutorial
This is my personal take from multiple resources and +20 hours of research and my own experience with trading in a range-bound market.
Range-bound trading or in this case shorting in a range-bound market contains 5 simple phases:
phase A
Range High + Range low forms which lead us to have a Range market.
phase B
Price tends to deviate above the Range High or simply sweep (upthrust) above it.
Reasoning and psychology behind that= in order to catch the liquidity above the range high and trap breakout traders who just opened a long above the high before nuking to the Range Low.
phase C
BOS happens in ltf , triggering a trend reversal.
Supply forms below the resistance, that's where we would like to build our short position later on.
phase D
ltf Range forms after the first sell-off, creating our base to revisit the supply that previously formed above it.
(Ideally, you can enter a scalp long trade in this phase and close right at the supply)
phase E
Price finally revisit the supply in order to test it as resistance. Any bearish price action at the supply or ltf BOS triggers our entry, targetting the Range Low as our take profit point.
There you can have a nice +4 R/R short setup, remember to place your invalidation above the newly made local high just to be safe from stop hunters ;)
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I will share 2 more topics about range bound market and how to trade it in near future so follow me on Tradingview so you don't miss them xoxo
GOLD 1H PROJECTIONGOLD has Grabed the Sell Side Liquidity And Now Ready to Move to the Upside. Also we have the Trendline Liquidity Above. So we are expecting the GOLD to Move Upside.
USDJPY 45 MIN PROJECTIONUSDJPY is on Strong Order Block Area, Which Also Reacting as a Resistance Zone. Also we Have Lower Time Frame BOS Confirmation for Sell
GBPUSD 1H SELLGBPUSD Has Grabed The Buy SIDE LIQUIDITY And Touched The ORDER BLOCK AREA. From Where The Institutions Sell Orders Are Placed. So After Taking Out the Buy Side Liquidity we should Expect the Market to Fall
AudJpy Potential ShortBias: Open
Market Cycle Phase: n/a
Thursdays push cancelled out as price retraced over 65%. MP in confluence with last week's POC could provide a nice short opportunity.
GBPUSD LONGPrice has come back to OB where price made a CHOCH taking out 2 highs.
Has only touched the top half of the OB but there seems to be more liquidity left within the wick.
Price has also created 2 liquidity zones which were done intentionally.
AUD/USD: Early Stage Long ReversalAUD/USD: Early Stage Long Reversal
> Higher high and higher low
> Downward trendline break
> BOS and Change in Sequence
> POC below current price levels
Meikel & Team WSI
NZDJPY 30 MIN SELL NZDJPY Firstly Created BOS And Now is On ORDER BLOCK AREA.
This is A Strong Supply one And we could The Market to Fall From This Zone.
CHFJPY 45 MIN SELLCHFJPY has Multiple Confluences to Fall From here
There is A Bos , Order Block And Also There is A sell Side Liquidity on the Down side
🤓 🤓 MARKET STRUCTURE SHIFT! SMCMarket structure in Forex trading or price action is how many people take advantage of the markets. No indicators, and no volume. Because the market does not have a centralised exchange. Forex traders often swing trade the market based on the structure to take advantage of the opportunity.
Structural market change is broadly defined as a shift or change in the way in which a market or economy functions or operates.
I have tried my best to show you in the easiest possible way to look out for. Save this to your notes for future reference.
AUD/NZD: High-Vol Trendchannel breakAUD/NZD: High-Vol Trendchannel break
> month-long trendchannel broken to the downside
> Double top formation with first lower high inside of broken channel
> POC above current PX
> countertrend broken
> weekly high 2x rejected
> daily lows about to break
> little volume on way to tp
EUR/NZD: Bearish signs are increasingEUR/NZD: Bearish signs are increasing
> Double-top in the daily and H4 timeframes
> possible break of structure with current H4 candle
> first lower high and lower low outside of the upward trend shows change of sequence
> POC above current price levels
> Head and Shoulder formation
Look out for our new stream tomorrow (Tuesday) at 8:00pm Berlin time!
Meikel & Team WSI
USDJPY 1H Zone Break IdeaLooking for this zone to break and provide movement in either direction. Waiting for break to get current time frame bias. Overall bias is bullish, but the Daily is bearish today (6/15/22).
NZDCAD 1H SELLNZDCAD is in A Bearish Trend. Also Liquidate the Stop Loses Above Equal Highs And Now Ready To Fall From the ORDER BLOCK ZONE.
EURGBP H4 SELL >>>>EURGBP Has Created A Huge Liquidity Pool Which the Market Should Needs to Grab. Above This Liquidity Pool there is A Strong H4 ORDER BLOCK AREA From Where we would see A Strong Selling Pressure . There is also Liquidity Under 3 Equal Lows so That's Why There are Many Confluences For This Sell Trade
NZD/CAD: Inverse Cup & Handle breakNZD/CAD: Inverse Cup & Handle break
> lower limit of cup & handle structure broken
> first LL outside of structure
> Low volume on the way to TP
> change in sequence: LHs and LLs
GBPCHF 1H PROJECTIONGBPCHF Is in A buliish Trend. Now Trading in ORDER BLOCK AREA. Also on LTF we See that the Market has Shifted to the Upside so There's a Good Chance that GBPCHF WOULD GO UP From Here.
CHF/JPY: BOS & Change in SequenceCHF/JPY: BOS & Change in Sequence
> Trendchannel break
> BOS & ChoS
> POC above current price
> Stockmarket downward pressure support a short in CHF/JPY
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Meikel & Team WSI
CADCHF BUY 1HCADCHF is in An Uptrend. Also it has Strong Buy Side Liquidity on the Upside,Which the Market Should needs to Grab . So thats why we Are Bullish on CADCHF Now!!
