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GBPUSD Sell Alert: Major Bearish Shift Ahead - Act Now!Currently, GBPUSD is signaling a potential reversal, indicating a shift towards bearish institutional order flow. We may see the price target sell-side objectives such as the H1 sell stops, with further movement towards the Daily Fair Value Gap (FVG) throughout the week. For confirmation, I monitored the manipulation of the Asian session high during the London session. According to the Power of 3 strategy, London often sets the day's high when bearish momentum is expected, leading to a price distribution towards the downside. In terms of take profits, you can distribute them as you see fit. I will be aiming for a 1:4 risk-to-reward ratio, but if your entry was a bit late, you might consider targeting the Daily Fair Value Gap (FVG). To understand why I'm anticipating bearish momentum on GBPUSD, please watch this video for a comprehensive breakdown of this week's trading outlook. Kind Regards, The_Architect
Short
by The_Archi-tect
GBPUSD Trading Insights: Capitalizing on Bearish Opportunities!Dear Traders, On Friday, the GBPUSD experienced significant volatility, leading to a notable upward movement. This action resulted in the formation of a Low Resistance Liquidity Zone, indicating minimal resistance for price movement through this area. Additionally, the price left relatively equal lows, suggesting the presence of H4 Sell Stops. We anticipate the price to target this area, which aligns with the Daily Fair Value Gap (FVG), drawing liquidity in that direction. Currently, we are considering two scenarios for potential confirmation entries towards our objectives: H1 Bearish Order Block : We are at an H1 bearish order block, and a price sell-off from this point is possible if we receive the appropriate confirmation signals. H1 Buy Stops : Alternatively, the price may trigger the H1 Buy Stops. In this scenario, we expect smart money to take positions against these buy stops, creating selling opportunities. Confirmation entries will be considered if this occurs. Please stay tuned for our upcoming weekly video outlook on GBPUSD, where we will provide further insights and detailed analysis. Best regards, Kind Regards, The_Architect
Short
by The_Archi-tect
EURCAD possible shortPotential short opportunity from this supply zone on EURCAD if price were to pullback and fulfil the imbalance it has left behind. We are in an overall downtrend on the hourly timeframe, so for me, I'm on the lookout for selling opportunities. I like this supply zone because it has created a break of market structure to the downside which tells me it is a strong high which institutions may fight to hold. If price does retrace and mitigate said supply zone, I myself will be awaiting a further confirmation before entering a sell position to the low of the leg.
Short
by I0996
1
btcusdtperpHello everyone, in this analysis I want to show you how to use the smart money analysis method, so stay with me. This method is a combination of ict and S&D & rtm The condition for entering the trade is breaking the limits in the higher time frame, such as monthly and weekly, and the second condition is the appearance of a candlestick pattern in the lower time frame. All ranges are specified and named If you have any questions, ask under this post so that I can answer to the best of my ability
Education
by mehrdad-javan1
Double Bottom Chart PatternCompany info Wave Life Sciences Ltd., is a clinical-stage genetic medicine company that designs, optimises and produces novel stereopure oligonucleotides through PRISM. It is developing oligonucleotides target ribonucleic acid to reduce the expression of disease-promoting proteins or restore the production of functional proteins or modulate protein expression. Both the WVE and AGTC in my other trade idea have the same sector. The main ETF for this sector is the Health Care Select Sector SPDR Fund. However, there is an issue. Both these stocks are near all-time lows while the ETF is near an all-time high. So, the stocks are lagging behind. So, if you are going to trade these stocks be wary that they are going against the general market trend and there could also be other reasons as to why these stocks are not following the market. Double Bottom Analysis Type: Eve and Adam Length between Valleys: 5 weeks Volume Trend: Larger on the left valley Breakeven Failure Rate: 12% Throwback Rate: 65% Average Rise: 50% Price Target: 3.66 Percentage Change: 51% The double bottom analysis for this stock is the same as for AGTC. The length between the two valleys is within the ideal range at 5 weeks. Concerning volume , it is larger on the left side but not significantly. There does seem to be a downward trend of volume going from the left valley to the right valley. But this trend begins at the end of the left valley at the price spike that follows. The great thing about this patterns is, the stock is very close to their all-time lows. The left valley low was the all-time low. This means the stock has great upward potential. However, as stated above, the stock is not following the general market trend. Also, the stock has been on a downward trend since its inception. Regardless, the pattern is following all ideals even though the stock isn't. So, the pattern strengths are 3/5.
NASDAQ:WVELong
by BlackbearTrader
Double Bottom Chart PatternCompany info Applied Genetic Technologies Corporation is a clinal stage biotechnology company that develops transformational genetic therapies for patients suffering from rare and debilitating diseases. Sector analysis for AGTC Both the AGTC and WVE in my other trade idea have the same sector. The main ETF for this sector is the Health Care Select Sector SPDR Fund. However, there is an issue. Both these stocks are near all-time lows while the ETF is near an all-time high. So, the stocks are lagging behind. So, if you are going to trade these stocks be wary that they are going against the general market trend and there could also be other reasons as to why these stocks are not following the market. Double Bottom Analysis Type: Adam and Eve Length between Valleys: 5 weeks Volume Trend: Larger on the left valley Breakeven Failure Rate: 12% Throwback Rate: 67% Average Rise: 43% Price Target: 3.79 Percentage Change: 111% The length between the two valleys is within the ideal range at 5 weeks. Concerning volume, it is larger on the left side but not significantly. There does seem to be a downward trend of volume going from the left valley to the right valley. But this trend begins at the end of the left valley at the price spike that follows. The great thing about this patterns is, the stock is very close to their all-time lows. The left valley low was the all-time low. This means the stock has great upward potential. However, as stated above, the stock is not following the general market trend. Also, the stock has been on a downward trend since its inception. Regardless, the pattern is following all ideals even though the stock isn't. So, the pattern strengths are 3/5.
ALong
by BlackbearTrader
USDCAD SELL 15sSorry for the late publish. I was busy watching other pairs and it happened rather fast, being on the 15 second chart where I entered off confirmation. But I have reason to believe price is reversing towards the upside. So, this is more of a countertrend trade for a small 1:5 RR. Also, what held me up, was the acknowledgement of the countertrend. So, I waited for price to break below previous LL to take 30% partials and moved my stop to break even... Just incase.
Short
by QSInvestments
EURGBP SHORT / SELL $MART-MONEYWe broke structure on a Daily timeframe to a downtrend. Currently mitigating toward the sell orders in a 4H timeframe. Price is failing to create Higher Highs. On the 1H we broke structure to the down side and are currently retracing towards our institutional candle. Confirmations in this trade: Fib Retracement leveles 78.6% - 88.6% (Red area) Institutional move / candle Mitigation 50% of entire push up prior to the drop. (POI) Higher time-frame structure Break of structure in 1H Risk to Reward over 1:3 Setting sell limits and have alert around area for a sniper entry within a 5m/15m Break of structure. Eyes on distribution in that area
Short
by kevhernandez9
Don't wait too long for "CONFIRMATION"!​Hi Guys A popular concept in the world of trading, especially among technical traders and chartists is to wait for confirmation before entering a trade. This means you have a Signal, for example, a price action pattern and now you wait for the markets to confirm that pattern before you enter. The idea, of course, is to filter out bad trades this way and to gain confidence before entering the trade. But that confidence might come at a very high price in the long run. The problem with waiting for the market to confirm your trading idea is that this "Confirmation" often already is your profit! In other words, the Signal has worked and you would have been paid to take the risk and trade it. And that's what you get paid for as a trader, you try to anticipate a price move you believe is going to happen before everyone else does. Please notice that this is true despite your trading style. You might hear statements like „I just follow the markets, I don't try to anticipate what's going to happen." (usually, these come from traders following some kind of trend following approach). But what they really mean is that instead of trying to get into a trade early anticipating the markets to reverse direction, they get in late anticipating that the markets will move even further in the direction it has already been moving. Of course nothing wrong with that, but in either case, traders anticipate a future price move they want to profit from and it's important to be aware of that fact. Another example is trading a specific support/resistance level. Sure the risk to buy into a support level while the market is in free fall is risky. But that's precisely why these trades often offer you great profit potential. In case the trade works out, you'll get paid for the risk you took. But again…once you see that huge reversal price bar on your chart that bounced nicely off that support level - you probably already missed the opportunity. You now know that you've been right. That really was a support level and market participants bought again at that price. Because of that price moved up and that's why you now see that huge reversal bar. But that move is over now…and those who took the risk and bought at the level are now taking their profits - hopefully, you're not the one buying from them now. I could come up with many more examples like waiting for an indicator to confirm a trade etc, but the point to consider is that whenever you wait for confirmation you give up a significant amount of potential profits. And more often than not, these potential profits cost more than a couple of losing trades you might filter out waiting for confirmation. Your job here is to find a good compromise between getting in too early due to a Signal coming from market noise and getting in too late due to a Signal that misses most of the opportunity. The Ambush trading method, for example, is an extreme case, it gets into trades again the ongoing short-term trend all the time. But that's precisely the idea behind it, trying to anticipate where that short-term trend is likely to end. Sounds risky? Well, looking at the long-term results it's actually a lot riskier to be on the other side of these trades ;) DO YOU BELIEVE CONFIRMATION?
COINBASE:BTCUSDEducation
by seyed_mehdi
AUD / NZD BUY Disclaimer: Any of the content presented on my page showing my analysis of the market is just that, an analysis which means this is my personal opinion of where the price is going to go. Do not by any means take this simple analysis for a reason to enter a trade, I am not presenting these analyses as a form of signals, simply a way to get feedback and opinions from others on how my trades look. Take this trade at your own risk, but know forex is a risky market that you can make a lot of money but can lose that money or even more just as fast, enter these markets with your own risk and good luck with your trading :). Daily Analysis: As shown below price has fallen into a pretty steep downtrend in the previous few weeks, with a push to the bottom it found a hard time breaking past the 1.0300 area and showed rejection to that area and pushed back up. I noticed that price had started to form somewhat of a uptrend and has even bounced off of some support which you can see more clearly on the hourly time frame proved down below. For me to enter this trade I am going to need a close above recent highs and a very bullish candle, at that point I would only be ever risking one percent of my total capital. Hourly Analysis: Price has already shown support off the areas marked down below and you can see a little more clear that it had multiple candles of rejection before moving to the upside and continuing on in the up trend. I think a close above the red zone could be a good entry for a long position and could end up in a good risk to reward trade. This could still be a risky trade due to the recent down trend, if you want more confirmation you can wait for price to reach that next black lone marking the next zone on this pair. When I enter any trade I will risk one percent of my total capital to keep my losses to a minimum but to also but my strategy to work in the big picture. If you have a trade with a one to five risk to reward, you can cover five if not more losing trades with a single big winner. Keep an eye on your risk management and do not get cocky and put too much at risk on a single trade. Hope your trading weeks goes well and if you have any questions on my strategy just comment down below and I can put together a full on list of my rules and how I enter a trade. Thanks again, KeySlot
Long
by KeySlot
BITCOIN - Hey There Bulls! Hello everyone, rouzwelt here. This is an quick update and follow-up of my last post, we can see bulls have started to show some resistance at 29 - 30k which can be a good signal that they are still active, but I would like to see more confirmations before opening any long positions as this uprise might be a fake-out. Break above the purple channel and 35k level are good confirmations that this uprise movement may be sustainable at least for some time. But I personally don't like the price action at this moment, because quick uprise movements generally are followed by quick downward movement, and the biggest volume at the highest candle isn't the best thing, as it might indicate that the whales have been absorbing the buying volume. So I personally would like to see that price finds some support at the current level or maybe at retest of the yellow channel and then see a break above the purple channel if I want to take any long trades. And I suggest that you better wait for those confirmations before going long because the trading volume for past few weeks have been low and lack of liquidity can cause such volatility we are seeing at this stage. If you like my analysis then consider supporting me hitting like and comment id you have any opinion about it, I'd appreciate it a lot. Have fun and trade safe.
by rouzwelt
4
BITCOIN - Take All The Time You Need!Hello everyone, rouzwelt here Here is an update on Bitcoin in hourly timeframe. Well let's begin by stating that Bitcoin is still inside the uprising channel (yellow channel) although it is still rising, we don't see any definitive move from either buyers or sellers, price doesn't move that much and this makes trading difficult at this point. Let's take a look at the chart and as you can notice the upward impulse moves are getting smaller and weaker as we are going higher, and also we don't see enough volume and demand at those impulses, actually you can clearly see that the volume of each upward impulse is a little bit lower than the previous one. Well let me say it this way that, I still think the same as my previous posts, I still don't see increase in demands and still believe that Bitcoin is more likely to head to lower levels and if I want to enter on a trade I would go short, but I'm open to change my mind at anytime as soon as buyers start to show more interest and we see more demand. But I'd like to mention something else here, and that is that we actually don't see much work from sellers either, either they are getting weaker or they are waiting for a better opportunity to strike again with power, cause their last 3 4 attempts to break 30k support level has failed and buyers managed to bring the price back up inside 30/40k range. The whole last week price action was in my opinion boring, we didn't see much, just mainly sideways move with a bit of uprise which is not worth the risk to trade, I actually entered one long scalping trade, but you can clearly see that the correction of each impulse move was so big compared to the impulse size itself that made me exit from my trade and consider not taking the risk of going long again until I see a more definitive action form bulls or bears. I have projected the probable price actions in the chart (red and green arrows), right now technically speaking bitcoin is at its impulse move up inside the channel, so we can expect higher highs to get printed, until the price reaches to the upper side of the channel and then starts its correction move to the lower side (green arrow), I'm not personally going to open any long positions if we see this kind of move from bitcoin. But I believe there is a good chance that price might not manage to break above its last swing high, because that's actually sitting on 0.618 fib retracement in line with 36.5K resistance level, which makes it a strong resistance and if this happens then it'll be forming a double top which is a good indication of beginning of the next definitive move, but lack of volume may result in a dump even sooner before ever reaching that level again (red arrows). So I personally will be waiting for a clear definitive move form either buyers or sellers before I enter any trade at this moment and the confirmation for that would be the yellow channel breakout. I hope you find this post informative and if you do then please support me by hitting like and share, and comment if have any opinion about my analysis, I would appreciate that a lot. And as always have fun and trade safe.
by rouzwelt
3
NZD/USD UPDATEThe price retested the support on 0.71800 and failed to break through it. we should monitor price at this level for the break of this level which would be considered a confirmation for entry to short NZD/USD. Only take entry on the retest of the support which will turn resistance in the event of a breakout. I've linked previous analysis for further references, if you enjoyed this idea like and share. If you have a different opinion please leave a comment below. Thanks and have an amazing trading week.
by TheDayzen
2