USDCAD Long (1:36 RR)- Price initiates by coming down, forming an imbalance
- Price then forms Sell Side Liquidity (SSL) which is then cleared when price goes lower (taking out SSL lows)
- Price then retraces sharply back up, forming displacement on the 5m
- Price forms a 3m Fair Value Gap (FVG) which occurs at a discount (<=50 FIB)
- Price comes back and mitigates this FVG and this is where we go long
- SL set a few ticks below the last candle that forms the Fair Value Gap (FVG)
- TP set to Buy Side Liquidity highs on the 1H TF
Enjoy :)
Fvg
BTC upcoming targets for 2023. 36-37K? Hi dear community members and my loyal followers.
Let me update my BTC ideas for coming weeks and months.
As you see I'm looking at weekly timeframe. After breaking out weekly falling wedge/main diagonal trendline/ BTC reached 25K, then dumped to 19.5K as I posted in my early analyses and bounced back to the same level but this time it succeeded breaking out main horizontal resistance at 25-25.3K zone taking out BSL liquidity above it and reached the main and one of the strongest resistance 28.6-30.5K zone.
At the moment we see that BTC rejected at 30.5K zone and droped to 28K.
What is my expectations. If BTC loses 27.7-28K zone it will dump to 25-25.3K zone, sweep liquidity below 26.6-26.7K zone and at the same time it will test main horizontal support which is 5D GC upper band. /All charts attached below this analysis.
But my highly probable scenario is- BTC will pump from 27.7-28K region to 31.5K filling FVG zone and taking out liquidity above 30K/equal highs/, reaching upper band of weekly GC which is 31.5K after that maybe BTC will dump to middle band of weekly GC or upper band of 5D GC liquidating late longs. It also will give room for alts to explode. I'm sure BTC will hold 25-25.3K.
I expect BTC to hold 27.7-28K zone coz Market makers bought and are buying huge amount of BTC at that zone. As soon as BTC reached 31.5K I will update it will pump straight to 36-37K or it will dump to 25-25.3K zone, or it will move sideways letting altcoins to burst./ Based on Total 2 and Total 3 mini Altseason 2023 is going to start in coming days and weeks.
In worst case BTC can dump to 25-25.3K zone before reaching 36-37K FVG zone my first target in coming weeks. People who expect lower prices like 18.5-19K even lower 8-12K, they will be destroyed.
My minimum target for 2023 is 36-37K then 48K+/52-53K/ and my main target for 2023 is 72-74K.
ESM2023 Possible ScenariosOld Daily Volume Imbalance (4133-4136) became as support. Break below 4133 will open the room to the 4h Breaker Block - 4115.00-4105.00.
Hold of Sunday Open Level can bring us to the 4167. There is another daily volume imbalance at 4179-4185.
Keep my eyes on 4191 - Next BSL after break of the 4167.
Aud/usd sell setup weekly forecast Hello traders aus/usd is in rally up to get the liquidity then we probably will have a nice sell setup on our order block to get to those bisi fvg and thin liquidity area it is 1 to 2.5 RR very good setup it can take a little bit longer can be short term swing trade let me know what think
Gbp/Jpy weekly forecast Hello traders i like to trade this currency pairs on a bigger time frame to catch massive pips .gbpjpy is setting for nice sell movement as you can see we have a confirmed trendline we mix it up with zone to have confluence this is a nice setup wait for 4 hr candle to close to confirm gbpjpy want to sell let me know what you think in the comment
BNB Bias for the dayHow i started this market (Overall Trend is on a Rising Wedge D TF)
Checked my 4H tf and its on my Support TL and on top my 20EMA (Symmentrical Triangle)
On my 1tf it formed a H&S. but due to volume i am not confident on the pump but if it goes
my entry is set on a retest to the neckline
All Ema above the Candle
if it Breaks down i will wait for a retest on my Support trend line for a ride to hell
INDICATORS
Hull Suite : 1H hull ind. breakout to the Green
Fair Value Gap: Two FVG to cover up liquidity
On Balance Volume: OBv on a side ways movement(No volume)
STGUSDT - Short Scalp- Price creates Buy Side Liquidity on the 1H TF, then clears this liquidity by taking out its highs
- Price then retraces back down with displacement (aggressive selling) on the 15m TF, taking out multiple lows on the way down
- Price moves back up to the 5m FVG that is in the premium zone (above the 50% FIB) and we go short here
- SL set a few ticks above the 5m FVG and TP set to 1H Sell Side Liquidity
long term sell on gbpusd is finnaly hereusing the famous I.C.T 2022 concept, the top side liquidity in the daily chart has been cleared and we then had to wait on a break of structure to the downside and wait for the F.V.G formed to be triggered, our first entry go stopped at break even. this reentry has started and I believe it would go down toward the end of May 2023. this is beautiful as we watch prices play out. Do well to check me out on twitter at Supreme_fx_
Gbpjpy weekly forecast hello traders we are in a weekly zone so be carful trading it soon we might see reversal but i believe we have fvg left on the daily so probably we see last bullish push comment down below what you think and make sure to follow so you get weekly post like this wish you good week and good trading
MSTR to 443,69 It's possible ?Hello dear traider,
Let's look to MicroStrategy .
1. We have bullish trend.
2. New hight.
3. At this moment do correction move.
4. At 262.5 whe have 50% FVG
5. Around 239-263 $ have :
- 50% fibo
- Fvg
- bullish cloud ichimoku
- bullish Order blok
But.......
1. Whe don't retest ob on 144$
2. 144-220 $ have big liquidity
I think we must w8 bulish I-CHoCH in 262.5 (15m chart) for future long position.
Remember trend your friend
With love from Ukraine
Your Cool
CROUSDT - Short Scalp- Price creates buy-side liquidity (BSL) on the 1H TF
- Price rejects sharply downward after clearing buy-side liquidity, breaking multiple lows on the 5m
- Price re-enters the bearish imbalance on the 5m fair value gap and this is where we go short :)
- TP set to 1H sell-side liquidity with a tight stop loss just above the 5min FVG
Shorting on AUDUSD once it retraces back to the IFCOn AU I would love to see the market retrace back to the inefficiency which is at the premium zone ,from there I would love to go short .. anyways it Monday market and I don't trade on Mondays,I'll just let the market do it shenanigans..and if it doesn't retarces back to where I find ideal ,so be it more opportunities will come ,don't chase wrong moves ...always spot the liquidity before you become the liquidity......#Iamace #Acethetrader #Acetrading academy