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Bullishorderblock

XAUUSD|Trading positions in multi-time framesHello guys, I hope you are doing well. We have the gold chart in 1 hour time frame: For gold, if you remember, we had an bullish order block area, which moved up well upon reaching this area, and it has also started to move up in the return to the candlestick that was formed in one hour and the demand area was formed. The point that is important in the one-hour timeframe is the level (2030), which is a resistance on the way of gold. But if we have a close candle above this level, we can hope for its upward trend until the next supply area, which is around (2038-2041). In the time frame of 15 minutes, we have the refined area of that one-hour supply area, which we can enter selling positions when the price reaches this area. In the 4-hour time frame, we had a support, and when we reached it, we moved upwards. As long as it is maintained, gold can achieve higher targets, but if this area is broken down, the numbers that can be expected are the supply areas (2005 -2008) and the next area (1990-1995).
OANDA:XAUUSDLong
by Golden_Star1994
2
29.5K PIVOT POINT After many days of sideways choppiness between 29 & 29.5K. The pattern was broke sending us into that FVG I have mentioned in previous posts with a target of 26.5K. However, having dropped down to 28.5k and back up to 30k in 11 hours some volatility has been reintroduced into the market in the short term. I have mapped out a mini range that I am observing, the 29.5K pivot is still the controlling factor in my mind. Now that price has deviated above and is now back in range printing a SFP, in addition to a bullish orderblock that is providing a reaction as the time of writing this post. I still think we have some downside to come should this reaction now clear the pivot point of 29.5K Because of this, I am still confident that reaching the 26.5k target is possible. Regaining 29.5k confidently and proof that it is now support would make me reconsider this strategy.
by ProR35
#GBPUSD - GO LONG AFTER THE FALL? - *SMT**SMT = smart money theory = see relasted tutoprial regarding what smart money is. Sm,art money is how the charts can be manipulated, and how y0ourself can be manipulated into believing a false sense technical analysis. With the price dropping in one day what iyt gained over the course of the week. The price has dropped below sell side liquidity levels, but to remain bullish needs to stay above a CERTAIN BULLISH ORDER BLOCK LEVEL, otherwise we could see the price turn right back around and go down for GBP, but I think the BOE will be quicker to adapt to the FED knowing the consequences now. S I would guesss that it is moving up into the the hourly fvg and then will get rejected above the premium by smart money, amnd that point it dips a little further, as to where y09ou can enter a second time afgter taking profit the first time around 1.22665 Enter again near 1.21420 if possible and continue to ride this up to 1.26090 to be safe. I have two entries both at 1.21420 First one reaches what is said above and you take your fiorst profit there, it could slip back down to the entrance or even further, into a small fair value gap below which I have prepared for on the second entry,. and ther stop losses at 1.21120 & 1.20525 the second run with the deeper stop loss also has a much larger target at 1.26090 ner the top of the bearish order block. the R:R is 6:1 and 5:1 respectively, so if this woprks out t he way I ho [e it doers in the next week or two, 10% can be added top the account if played correctly. I was once the smarrt money student who has become an instructor. Let's Hope my intuitions are correct about thias. With that said if you hit the first take profit but go out on the second sdtop loss, you should still be at a winning ratio. It's about how to grow yojur account. Everyday you won't hit a homerun. But if y0ou hold the bat long enough, the ball will go far. Cheers, Good Luck and Good trading.
by BodiesXWix
$ETH - Bearish to start the week - Bullish to end *SMT*EDIT: MY BNAD FOR NOT STRETCHING OUT THE CHART OF HEAD O0F TIME, i WAS LOOKING AT ANOTHER CHART WHILE TYPING THE IDEA..... It's not pretty but I hope you get the point. SMT= Smart Money Theory, Please See the related Tutorial regarding smart money principles. Tripple high, possibly breaks a little higher, make people think it a break out and then it slams on the breaks and heads back down towards the two large fair value gaps and a "Missed opportunity gaP" to possibly the bullish OB (Order Block) that will probably happen around Thursday or Friday (between 1145 and 1135. Before having the weekly profile complete its task of creating wicked on both sides and creating the high and the low at the beginning and ef the week. It still has broken structurer and with two fairt value gaps belowe this only seems the most logical Additionally we should ALWAYS Look at the commitment of traders indicator it is subject to provide such records for the CFTC. Here you can see a massive drop from longs to more net shjorts, which tells me a short is coming this way... or those p [eople that really study thjis and trade it a lot are not to bright Heres the daily with no indicators except where the imbakances are, which is about all you need to know about ETH right meow. chart ENTRSANCE - 1315-1318 SL - 1360 take Profit - 1217 TP2 1151 TP3 - 1130 I know I fluibbed bad on the last one but last week was news heavy and the fundamentals had a lot to do with it. This week, not so much, so the technical analysis should win this week. GL GT BodiesXWix - COINBASE:ETHUSD BITGET:ETHUSDT MEXC:ETHUSDT.P CME:ETH1!
COINBASE:ETHUSD
by BodiesXWix
$BTC - 42390 then Bullish - Halfway Through Discount FVG - *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 remembers 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, Equasl 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. In This Signal.... I believe the momentum for the bitcoin chart is moving from the slight pullback that it just had to a more bullish structure. I believe the entrance would be roughly halfway through the the last 15 min fair value gap near the bottom of the current low. It should fill the imbalance to at least half, if not it could fill it entirely and a possibility that it is pulls through down to the daily fair value gap between, 41578.33 and 41766.79. Currently, It has hit the bearish order block, waiting to see which price point will be the turning point. It's the end of the week, second week of April starts today. Which leads me to believe that the price will end the week on a bullish run. The 12% drop of total price which is only 80% of a fibonacci pullpack, 12% drop Chart which is 100% completely normal. To place your fib in the right place, make sure that the low you're measuring from is the most recent low that has broken and closed above a swing high or equal highs. Not all waves that need a Fib will be placed at the very bottom of the wave. You will be disappointed everytime as that is not that way Smart Money views a discount price. So please see this example as to how to place your fibs correctly. Price should retrace 61.8-88.6% to the discounted Smart Money Price. This one is roughly 80% retracement which is about 90% of all retracements. In this area there is the last 15 min fair value gap, the price should turn bullish hit the bearish order block pull down until 42390 area and then finallly start rising. At the end of the week. Where is it aiming for? In the 15 min chart there is a liquidity void where two candles do not touch. This is a dead giveaway that price will want to return to this area. The high of that void is 46376.09 on this chart. It could take a week to reach the objective, maybe two. But we're due for more bullich runs. Especially after doing 30-20-90 day lookbacks and forwards. We should hit a new high by June or July.
BITSTAMP:BTCUSD
by BodiesXWix