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Fairvaluegap

Formation of clean bullish Wolfe Waves on BitcoinBullish Wolfe Waves appear on Bitcoin's 1 hour chart. This could be an indicator for short term reversal. Point 5 having a relative increase in trading volume makes me more confident in this setup. I would be using the 1-hour Fair Value Gaps / Imbalances as areas to take some profits with my last target being the local high marked with a green line. Golden pocket doesn't look that significant as it was visited with a reaction prior but we might see another retracement there or from an area close below it if we decided to dive a bit deeper with point 5. Bear in mind that FOMC is really close (pun intended!) and an interest hike might mess things up for those longing. Trade safe.
Long
by xcitedDelirium
2
Continuation or sell off? US30 - Higher timeframe outlook: Price coming into weekly downtrend supply along with filling a nice imbalance, good potential zone for a reversal, however price could continue bullish all the way towards the D point of the crab filling these imbalances before closing back below the weekly structure, (As daily and 4H are both bullish). If we fail to break the 1H/4H lows i'm going to look for buys towards that D point as Crypto/stocks have been super bullish this week too, and the rally could continue, however if we start failing highs/breaking structure i'll look for sells, will keep an eye on structure and market sentiment! This crab is quite probable though, one of my favorite harmonics to trade for reliability especially the C/D leg for direction, but if this pattern completes without any major pullbacks it will be a more or less guaranteed big swing back down, so 100% get alarms on that D point zone! (Probably for next week if it completes so no rush there!) Let me know your thoughts! * Disclaimer ** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
OANDA:US30USD
by benalistarfx
nasdaq daily perspectivehellow fellow traders. hope you guys are having a splendid journey thus far. for those of you who were eager to see new ideas from me, i apologise for the wait, i was busy with my private students, however im back for this 3rd qauter, if you want to know more about my course leave a comment below. so far as we all know i have been 90% bearish on nas for the swing and it is delivering perfect down movement. this week has 3 possibilities in my perspective. we could see price continue to give us lower prices or a retest of the daily/weekly orderblock, if price decides to break the daily order block then we can expect a deeper retracement into the weekly swing high.
FX:NAS100
by lindamamkeli18
$XMR - Short the week - It should bounce back around $105 *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.* As XMR just finished creating the Break of Structure on the low side and came up short of breaking the structure on the high side, it appears that this was just a runned attempt at a bearish order block to be rejected back down into the last 4 hour fair value gap area. I marked the weekly consequential encroachment (Half of the weekly FVG, $121-122) and entered short there....As it's rejected it starts to head toward the bottom of the 4 hour FVG which is also a confluence at the 79-80% which is where most rebounds happen. and that number is 104-105 as an opening. On this one I could go either way but the earlier I enterered the less of % wager I would press and low leverage. The later the stage it gets the later you enter the more you can wager and add leverage. And taking from the smart money playbook the earlier and sharper the price rises during the week , the more it will fall as the week goes on. Low possibly being on Friday or Saturday, looking for it to get around 105 by then. If you watch the analysis week by week, It's an obvious pattern. WEEK 1: WEEK 2: WEEK 3: Current Week: Good luck and happy trading.
Short
by BodiesXWix
2
What is FVG and why is it important?FVG = FAIR VALUE GAP An area that offers price inefficiencies Simply put, when there are more sellers than buyers it sometimes causes a void in the price action that we call it FVG or Fair Value Gap. You can simply identify these areas on the chart just by finding deserted candles that have no trading history around them. These value gaps are like errors in the market, price always tends to back to those areas and fill the gap with some more trades. So if you see a sell-off/bullish impulse on the market, try to find The FVG and mark it as the potential target for the price to jump back there whenever the trend starts to shift. leave a like or comment if you find this information useful ;)
FTX:ETHUSDEducation
by CryptoSep
29
$BTC - Run May Have Been Short Lived - FVG's Below To FilL *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. TLDR; Entry: 32,100 Stop Loss: 33,080 Take Profit: 28,000 After placing a Fib on the Current Wave, It became clear that we may be headed lower.... again. My Mentorship taught me to think of weekly profiles and how weekly candles form. The rush up just seemed like a wick for the week. Then I pulled the fib and noticed that the Discount price was at the exact line for the large Fair Value Gap (Imbalance) below. Additionally, I went to Barchart.com and looked at the Commitment of Traders report to find that Commercial traderds have reported additional net shorts than previously recorded. That was my first tip that Bitc could be going down as of Yesterday. I still Have my Analysis that BTC will get to 21,400. But for now, let's take baby steps and look to se if 28,000 first.
CME:BTC1!Short
by BodiesXWix
5
$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
Long
by BodiesXWix
$TRX - 3 Confluences To Short It *Smart Money**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. TLDR; Entry 0.0806 (Already Entered but we have a long way to go so enter soon) Stop Loss: 0.0847 - 0.085 Take Profit: 0.073541 If you look at the Daily Chart My entry is based upon the Bwearish Order Block (Bottom Last daily green candle before the high). As price seeks liquidity or imbalances, I believe its heading for the imbalance in the 4 hour chart, The fair Value Gap And then if ypou look at the 4 hour theres a Fair Value Gap at 0.073541, Near this same Price is the Discount Price in the Dealing Range (Dealing Rang Example , Discount Price is 61.8% of retracement) Also in this same area is a bullish order block on the 4 hour So thats the 3 Confluences. 1. Fair Value Gap (4HR) 2. at the Discount Price of the Dealing range (Daily Chart) 3. Which is also at the Bullish Order Block (4HR). This is where smart Money would be aiming to buy up more TRX at a discount price as it goes past two areas of relatively equal lows on the 15 min chart where most retail traders stay. They'll believe these to be Support Lines, when it's a false sense of support as Smart Money wil drive the price deeper just to buy Cheaper. Good Luck and Happy Trading BINANCE:TRXUSDT BINANCE:TRXUSD KUCOIN:TRXUSDT OKCOIN:TRXUSD COINEX:TRXUSDT
Short
by BodiesXWix