AUDUSD Long TradeMARKET PHASE
OANDA:AUDUSD is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break lows within the corrective structure until it began to hold the bottom. There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy orders needed to take price up. Price has now started it’s initial move up but due to the velocity of the upward move, it's gapped orders around 0.65340. Price retraced back to this level to meet the demand and our entry was triggered. We can now expect a strong push upwards in the direction of the larger trend.
TRADE
I've entered my long position on OANDA:AUDUSD as follows:
Buy Limit: 0.65340
Stop Loss: 0.65072
Take Profit: 0.65877
Fairvaluegap
Week of April 14th - Gold/Oil/DJI/VIX/10yrWhat a week we just had!
Friday we saw aggressive broad selling all the way into the close. The NDX is once again just flopping around in this multi-week range - while The Dow is meaningfully breaking down.
For indexes - I will be focusing on the Dow this week. The DJI has been super clean lately and is the only index really making the sizeable moves as it took out the February lows.
ALL of the major averages are rolling over on their daily charts.
Dow - Friday we saw aggressive selling all day long and this caused a weekly Market Structure shift on the weekly chart. From here the DJI needs to back test this weekly breakdown level and confirm the shift.
We have a weekly breaker that will provide the first resistance level around 39k. If we can get past that - we should pop to 39.4k or so.
There are a LOT of things that are aligned to enable the up move. DJI held its 100dma as support today and I am looking for a back-test into its 20dma or so.
VIX - Friday the VIX spiked in a big way and is breaking out of a 2 month daily range. This was driven by war fears in the Middle East. The simple fact is that everyone sold their stocks and bought bonds and gold and puts on Friday. If WW3 doesn't materialize by Monday - they will all be offsides and be rushing to enter the market.
I am looking for the VIX to get aggressively sold Monday if WW3 doesn't break out - which will be bullish for stocks.
DXY - DXY spiked into a daily level that I wanted to hold as resistance. DXY has broken out as everyone rushed into cash/bonds/gold - but again I want to see a ERL to IRL move to retest the breakout. A falling DXY (in the short term) will be bullish for oil and gold.
Crude Oil - Oil has been whippy lately and this to me shows how exhausted it is getting. going into this week. The weekly chart wants to trade 88 and then I think oil is due for a long grind lower as the markets continue to roll over. Oil should find some bullish legs to pop $3 as the DXY retreats during its back-test.
10yr Yield- Rates are going higher in the short run. I am looking for 4.7% to trade and I will be loading the boat with bonds around this level.
Gold- Gold cracked the $2400 level last night, and banks came in to mash the hell out of it all day on Friday. Nothing has broken on the 4hr chart - yet. But I have alerts set to I can start scouting for shorts.
So here is the setup I am watching for this week;
- I want to see DJI trade higher into the the weekly breaker block around 39k. From there I will be scouting for short entries.
-Looking for interest rates to continue to march higher - this will continue to apply pressure to indexes. Indexes will ignore rates (for now) as the VIX marches lower to confirm its breakout.
- Gold & Oil - I want to see these things top out and soon. Oil has one last gasp in it and will be supported by DXY heading lower to confirm its breakout - I am looking for $88 to trade on WTI. Gold - we have to hold it here or we are going to start a down move.
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I'm Back: EURAUD ShortMARKET PHASE
OANDA:EURAUD is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price then started it's initial move down and actually sustained selling pressure for some time. Due to the velocity of the downward move, priced gapped around 1.64394. During this morning, price hit 1.64394 a couple times and sold off aggressively, supporting our thesis. Our sell limit order was filled and we are now in a short with the following parameters:
TRADE
Sell Limit: 1.64394
Stop Loss: 1.64534
Take Profit: 1.64114
EURGBP LongMARKET PHASE
OANDA:EURGBP is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break lows within the corrective structure until it began to hold the bottom. There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy orders needed to take price up. Price has now started it’s initial move up but due to the velocity of the upward move, it's gapped orders around 0.85773. Price has retraced back to this level to meet the demand multiple times and is met with extreme buying pressure. We can now expect a strong push upwards in the direction of the larger trend.
TRADE
I've entered my long position on OANDA:EURGBP as follows:
Buy Limit: 0.85773
Stop Loss: 0.85733
Take Profit: 0.85853
GBPNZD ShortMARKET PHASE
OANDA:GBPNZD is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price then started it's initial move down and actually sustained selling pressure for some time. Due to the velocity of the downward move, priced gapped around 2.09800. During this morning, price hit 2.09800, and began selling off, supporting our thesis. Our sell limit order was filled and we are now in a short with the following parameters:
TRADE
Sell Limit: 2.09800
Stop Loss: 2.10100
Take Profit: 2.09200
Smart Money Concept for 1000Bonk/USDT.P In the dynamic world of cryptocurrency trading, precision and foresight are paramount. Our analysis of 1000Bonk/USDT.P reveals an intriguing opportunity rooted in the Smart Money Concept (SMC), providing a roadmap for potential gains amidst market fluctuations.
Over the past day, 1000Bonk/USDT.P has surged to considerable heights, but signs indicate an impending downturn, albeit the timing remains uncertain. Leveraging the principles of SMC, we pinpoint an entry point at 0.024720. This selection aligns strategically with a 4-hour fair value gap (FVG), presenting an opportune moment to enter the market.
To mitigate risk, we implement a stop-loss (SL) at 0.023544, positioned 0.8% below the 4-hour FVG. This precautionary measure serves as a safeguard against adverse movements, preserving capital in the event of unexpected market shifts.
Our take-profit (TP) strategy is finely tuned to capitalize on market dynamics. We identify a TP level of 0.031182, strategically located at a bearish Order Block (OB). This targeted approach ensures that potential gains are maximized while maintaining a disciplined exit strategy.
Furthermore, traders are encouraged to exercise flexibility in managing their positions, with the option to scale out profits or adjust TP levels based on evolving market conditions. By integrating adaptability with strategic analysis, traders can optimize their returns and navigate the complexities of cryptocurrency trading with confidence.
GBPUSD ShortMARKET PHASE
OANDA:GBPUSD is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price then started it's initial move down and actually sustained selling pressure for some time. Due to the velocity of the downward move, priced gapped around 1.26494. During this mornings US GDP data, price spiked up and retraced exactly to this level and hit our sell limit. We are now in a short with the following parameters:
TRADE
Sell Limit: 1.26494
Stop Loss: 1.26644 (Price hit 1R so SL moved to 1.26569)
Take Profit: 1.26194
GBPNZD Long TradeMARKET PHASE
OANDA:GBPNZD is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break lows within the corrective structure until it began to hold the bottom. There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy orders needed to take price up. Price has now started it’s initial move up but due to the velocity of the upward move, it's gapped orders around 168.624. Price has retraced back to this level to meet the demand, we can now expect a strong push upwards in the direction of the larger trend.
TRADE
I've entered my long position on OANDA:GBPNZD as follows:
Buy Limit: 2.10254
Stop Loss: 2.10099
Take Profit: 2.10564
RISK MANAGEMENT
R Ratio: 2
Equity at stake: 1%
Trail SL to 50% @ 1R Profit
GBPCAD Short TradeMARKET PHASE
OANDA:GBPCAD is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price has already started it's initial move down, the velocity of the downward move caused a gap in price around 1.71512. Price has not retraced to this level, we have our sell limit pending.
TRADE
I will be entering short on OANDA:GBPCAD with the following parameters:
Sell Limit: 1.71512
Stop Loss: 1.71762
Take Profit: 1.71012
NAS100USD: Exploring Potential Sell OpportunitiesCurrently, NAS100USD shows signs of a potential sell-side draw towards the H1 Bullish Order Block . This hypothesis is reinforced by several confluences, notably the presence of inefficiencies such as Liquidity Void and Fair Value Gaps at discount prices, which typically signal opportune moments for smart money to capitalize on profits.
For confirmation of entries, we await a pullback into the H4 Bearish Order Block, which also features Buy Stop Liquidity below it, serving as our selling target.
Stay tuned for an in-depth video analysis of NAS100USD to further dissect this potential trading opportunity.
Kind Regards,
The_Architect
CHFJPY Long TradeMARKET PHASE
OANDA:CHFJPY is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break lows within the corrective structure until it began to hold the bottom. There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy orders needed to take price up. Price has now started it’s initial move up but due to the velocity of the upward move, it's gapped orders around 168.624. Price may retrace back to this level to meet the demand on Sunday night EST or during the first London session next week. Once price reaches this level, we can expect a strong push upwards in the direction of the larger trend.
TRADE
I've placed my buy limit order on OANDA:CHFJPY as follows:
Buy Limit: 168.624
Stop Loss: 168.384
Take Profit: 169.104
RISK MANAGEMENT
R Ratio: 2
Equity at stake: 1%
Trail SL to 50% @ 1R
GBPNZD Long TradeMARKET PHASE
OANDA:GBPNZD is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy orders needed to take price up. Price has now started it’s initial move up but due to the velocity of the upward move, it's gapped orders around 2.09770. Price may retrace back to this level to meet the demand as we expected. Once price reaches this level, we can expect a strong push upwards in the direction of the larger trend.
TRADE
I will be entering long on OANDA:GBPNZD with the following parameters:
Buy Limit: 2.09770
Stop Loss: 2.09360
Take Profit: 2.10590
EURNZD Long TradeMARKET PHASE
OANDA:EURNZD is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy orders needed to take price up. Price has now started it’s initial move up but due to the velocity of the upward move, it's gapped orders around 1.79741. Price has now retraced back to this level to meet the demand as we expected. We've just entered our long position with the following criteria, expecting price to continue its longer term uptrend...
TRADE
OANDA:EURNZD long position opened with the following parameters:
Buy Limit: 1.79741
Stop Loss: 1.79514
Take Profit: 1.80195
AUDCAD Short TradeMARKET PHASE
OANDA:AUDCAD is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price has already started it's initial move down, the velocity of the downward move caused a gap in price around 0.89169. Price retraced to this level, triggering our entry and has continued downwards.
TRADE
I will be entering short on OANDA:AUDCAD with the following parameters:
Sell Limit: 0.89169
Stop Loss: 0.89239
Take Profit: 0.88889
CHFJPY ShortMARKET PHASE
OANDA:CHFJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. During London session, price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price has started it's initial move down but due to the velocity of the downward move, it's gapped some orders around 170.280. Price has retraced to this level to capture additional supply.
TRADE
I have entered short on OANDA:CHFJPY with the following parameters:
Sell Limit: 170.280
Stop Loss: 170.490
Take Profit: 169.860
EURJPY ShortMARKET PHASE
OANDA:EURJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price has started it's initial move down but due to the velocity of the downward move, it's gapped some orders around 162.374. Price is likely to retrace to this level before continuing downwards.
TRADE
I will be entering short on OANDA:EURJPY with the following parameters:
Sell Limit: 162.374
Stop Loss: 162.589
Take Profit: 161.943
BTC LONG FOR SUNDAY/MONDAYBTC marked Market Structure Break after touching the imbalance, below last long price wicks, that's a bullish sign. I try to look for long trades, these are my spots.
Entry 1 (RR 1:4.5) : Filling/touching multiple timeframes imbalances.
Entry 2 (RR 1:10.8): Touching order block and grabing some liq down there
SL: below actual low, but becouse there is imbalance i prefer not to rush with deposit
TP min: 70 715$
TP main: new ATH :)
AUDNZD Long TradeMARKET PHASE
OANDA:AUDNZD is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy orders needed to take price up. Price has now started it’s initial move up but due to the velocity of the upward move, it's gapped orders around 1.07524. Price is now retracing back to this level to meet the demand as we expected. Once price reaches this level, we can expect a strong push upwards in the direction of the larger trend.
TRADE
I will be entering long on OANDA:AUDNZD with the following parameters:
Buy Limit: 1.07524
Stop Loss: 1.07344
Take Profit: 1.07884
EURCAD-Ready to Short!We got a bearish trend change for EC.
Now looking for trend continuation to take a short trade.
We got the 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK!
The 50% retracement and FVG are in line with previous support turned resistance- thus adding another confluence on this trade.
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
USDJPY - READY FOR THE BULL TO CONTINUE?!UJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it!
I am waiting for:
1) At least a 50% retracement and price coming into the daily fair value gap: Checkmark
2) A Liquidity sweep of previous days low
3) Market structure shift on the hourly and attack
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)