Breaker
$SPX - Reversal comin next quarter.... Maybe. At..3250?Above is the monthly
The biggest thing I see After my analysis is the possibility of it getting down to the support level of the breaker that formed at the beginning of the pandemic. It has bounced off current breakers but has yet to close abnove a brreak of structure leading m,e to beleive it will find the lowest pointy at thast pandemic high breakers candle low price of 3280 (ish) before we see a bullish movement again or even a break of structure. I think this quarter (what's left of iot) and next quarter is going to be tough.
Below is the Daily
It's the secoind quarter nexxt year that's going to be the true test in my opinion. But this is my take on the trusty Standard and poor. just by logive and reasoning. Trendlines are phantoms, price will brersk through those without thin kking about trendlines because price doesn't know what it is, but it does remember price points, so the low of the High pandemic breaker I think will be the last or first quarters low point. We'll have 90 from there to make a good swing high.
The daily briefly breaks structure but immediately closes bnelow structure righjt after. This just has slow growth written on it for at least 6-8 weeks.
OANDA:SPX500USD
CME_MINI:ES1!
FINRA:NANO_SHORT_VOLUME
CBOE:NANOS
CME_MINI:ES1!
\ CME_MINI:ESG1!
1H BTC Short IdeaPotential bearish breaker area identified which resulted in a weekly level being pierced (swing failure pattern). Price then smashed through it down to a nearby order block. Wait for an underside retest of the breaker and short back down to the order block. The order block is confluent with the Fibonacci golden pocket level, lending slightly more weight to the trade.
Stop loss just above the breaker block.
$XMR - Price entered Bullish Breaker - Will Act as support *SMT* My Last XMR Signal did not go as well. However, I believe I found where I went wrong and will be able to correct it with this signal.
*SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
So we have a long term Low High Lower-Lower formation in the upward movement of the price action of the chart. The high candle is the the Breaker. This is part of Smart money theory that's hard to explain without giving a video. But the price at this point should not get lower than the last up candle between 170 and 175. My entrance was 175.50. Stop loss is 169 and aiming bullish for the inverse ofr the 62% around 194.50. Then it might return lower, I'm not sure. But I think this Breaker Will hold and cause a short bullish run at least.
Closer up of the the chart
After it completes the run, The I have a feeling it will have another decent fall into the imbalance belowe the currrent support as seen pictured here:
Lastly, if the price stays near where it is, it is in confluence with the exit of the trade as there is a bearish order block right at the price near 194-195
As for now. I'll be on top of this trade and keep it updated as much as I can. I'm only trading 3 cryptos right now, BTC,ETH, and XMR. We'll see if I'm right this time.
SKILLING:XMRUSD
GATEIO:XMRUSDT
$BTC - Just now hitting Discount - Long Term, this is a pullbackFROM THE MOST RECENT LOW TO THE MOST RECENT HIGH, ON THE MONTHLY BASIS,THAT IS HOW YOUR FIB WOULD LOOK. We're just now hitting the discount price at the 61.8% retrace. However, in the market maker sell model, it aims for an area that there's an imbalance in which we haven't spent much time trading within. That would be the monthly gair value gap between 27,800 and 19,000.TRhis is the area Price is aiming for and may consolidate in for a while. Once it is done we should see a return back to the bullish market (wE'RE STILL IN A BULL MARKET BTW) It could take 3 months like it did last summer, or it could take two weeks.
The main thing is that it shouldn't close (Monthly or weekly) below the 19,500 mark. If it does, we're definitely in a bear market at that point and expect a continuous fall. But if it dips down to 16-15k, I wouldn't be surprised to see it turn right back around and comme up to 20-22k and close in the region (weekly or monthly)
around 21,400 there is the median of the monthly fair value gap, also above is a weekly fair value gap, and just below is a daily bulllish breaker. This is where my eyes are set for price to go before a reversal happens.
Stop freaking out people it's not the end of the world. It's called a pullback. Smart Money will help you in developing these ideas so your not selling off everything you own. You need to know how and when the market is timed and what it looks for. 1 It looks for Liquidity and 2 it looks for i mbalances. This area seeks both. It couldn't be amny louder and more apparent
Keep on keepin on
$APE and Your Fib Matters - Price at premium to sell *SMT**SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
Start thE 0% of the fib at the candle that has the big drop that is the first out of line of running sideways. Run your fib 100% to the bottom, price has retraced to an institutional premium in whic it should then Sell off. This is TEXTBOOK SMART MIONEY TECHNICAL ANALYSIS
Previous Listing Deleted (odd text got on the chart somehow)
USDCAD - Bearish OrderflowThis is the USDCAD Monthly Chart.
USDCAD is testing a strong Bearish Breaker (the last down candle before an up-move for a raid on Buy-Side Liquidity).
While testing the Breaker, we are currently creating a Swing-High. It was forming Higher Highs, made a reversal point, and now making Lower Highs instead. This tells us that momentum was initially Bullish, but now that we are creating Lower Highs on the other side of the curve - we should see price mirror itself (aka do the exact same thing on the other side of the curve - meaning that momentum is shifting and it should go Lower).
There are relative Equal Lows residing below current price which I expect price to sweep through. A FVG is also resting right below these Equal Lows, so could expect the Lows to get swept down into the FVG.
Because USDCAD is testing such a strong Breaker, I expect an explosive move lower.
With this, I will be framing a huge Bearish Bias for USDCAD, for Lower-Timeframes trades. Knowing what the Higher Timeframes are doing is crucial to trading Lower Timeframes with highly probable setups...
THE ICT BREAKER!hello, so you want a model that will get you profits? LOOK NO FURTHER!!!!
this is the ICT BREAKER, this mode (and other confluences) is ALL, YOU, NEED.
if you confluence the BREAKER with...
- BMS
- OTE
- PREM /DISC RANGE
- INTERNAL LIQUIDITY
WHAT. MORE. COULD. YOU. WANT.
what is labelled, as the purple box, THAT IS YOUR BREAKER BLOCK, YOU TRADE IN HERE WITH THE RIGHT FRAMEWORK AND CONFLUENCES.
ICT BREAKER SETUPhello, so you want a model that will get you profits? LOOK NO FURTHER!!!!
this is the ICT BREAKER, this mode (and other confluences) is ALL, YOU, NEED.
if you confluence the BREAKER with...
- BMS
- OTE
- PREM/DISC RANGE
- INTERNAL LIQUIDITY
WHAT. MORE. COULD. YOU. WANT.
what is labelled, as the purple box, THAT IS YOUR BREAKER BLOCK, YOU TRADE IN HERE WITH THE RIGHT FRAMEWORK AND CONFLUENCES.
$NVDA - Seasonal Tendencies burning out - March will be The TimeI'm not one to pick what stocks are going to do, But knowing that Smart Money will work on every Market, I believe this is the best-case scenario. Price seemed to have hit a low around 208., then make a short term high near 240, and them come right back down before it moved higher than that 240 high breaking market structure. And it has not created a lower low. This tells me that we should be on a pivot in price that should start taking us to higher prices. Yes, we'll still get pullbacks, but I don't believe we're going to be getting lower.
In Smart Money, there is basically 3 stages to the market cycle. 1. Manipulation (to scare you into selling) 2. Consolidation (To Keep you guessing if the market will ever come back so you sell more) 3. Distribution. (Now that retail; was dumb to sell all of their assets, the deep pockets have bought everything up cheap. I believe we were going through manipulation at mid-November early December - and I believe the consolidation is beginning to where we may see the price maybe a run and come down, run come down, run come down, you get the point. Look at this chart for example.
This is primarily a long consolidation period on NVDA betweeen August 2020 and July 2021. So I know it may seem discouraging right now with the Nasdaq stocks not doing too well. I saw hang tight, this happens. We've been through worse. If anything it's a good time to learn how to scalp Crypto and Forex.
Also if we hit the erntry I have marked three take profit areas, because you always want o take home something for every trade because it could turn against you.l
Good Luck and Good Trading.
NASDAQ:NVDA
BCBA:NVDA
NVDA
MOEX:NVDA-RM
MIL:NVDA
SIX:NVDA
Nice and EasyWe were actually expecting 1.09900 to hold price for a bearish trend but we were wrong. Stop loss orders were taken above 1.09938 and hit our second invalidation point at 1.10133 and broke the 4H swing low so we're expecting a pullback to get short as you can see on the chart targeting sell stops below that 1.08059 level.