2023.08.08 GU HTF Bias: NEUTRALAt the moment, GU could go either way at the moment.
LONG bias: Since it already took the daily bullish order block (BullOB D TAKEN line) and the 61.8% Fib (BullFib 61.8% D), it is possible that it will continue moving up to take the upper liquidity and order block level.
SHORT bias: Or, since there is still a daily liquidity level (SSL D) below and whole number 1.26000, it is also possible that it will take this levels first before moving up.
Ictsetup
GU: Could start moving up after showing Market Structure ShiftI was seeing the daily bullish order block (BullOB D TAKEN) as the final target for the move down, and since that was already taken, I think price could start reversing back up especially that it already shown a market structure shift (MSS).
The bearish order blocks above could act as magnet to pull price up.
GU: Daily TF. Possible reversal to Monthly Bearish OB?This week price continued to move down as expected, taking some sell side liquidities (SSLs) and bullish order blocks (Bullish OBs) which acts as magnet of price. The Daily bullish order block was already taken so price could reverse back up to the Monthly bearish order block.
But since there is still a Daily sell side liquidity and the whole number 1.26000 below, price could still take these levels before moving up to the Monthly bearish order block
It is also possible for price to break thru the 1.26000 level and continue moving down up to 1.23000 level (the next sell side liquidity).
Currently waiting for more clues
ICT Concept: GU could still continue moving downPrice moved down and took SSL4H and bullish OB 4H then move up. It could continue to move up to take Bearish OB 1H or BSL 1H before moving down to take Bullish OB D. Or it could continue moving up to take Bearish OB 1H, pullback and continue to move up to take both Bearish OB 4H and Bearish OB D before moving down to take Bullish OB D
EURUSD WEEKLY FORECAST FOR 26th-30th JUNEPrice has broken structure on the daily. I would expect some form of retracement this week for a push further below the highlighted level of liquidity below. an entry around the 60% Fibonacci retracement level to watch out for. I would however like extra confirmation at the fair value gap on the 4H before I actually take an entry.
EURUSD BEARISH PD ARRAYS Though these levels seem far, the bullish arrays below might sponsor the move to the Bearish Arrays for a shorting opportunity.
However, this is a counter trend idea as EU is still bullish generally.
There are no Liquidities resting nearby, thus the chance that price would go beyond the level up is unlikely except for its continued bullish expansion.
Checklist for setup.
★Liquidity: BSL
★POI: 1hr OB (redline ideal for SL at swing point for aggressive traders).
★DOL: Waiting to see this as price unfolds.
EURUSD BULLISH ARRAYS With price engineering liquidity through the current channel followed by an Accumulation,
Here's a possible AMD setup (Accumulation, Manipulation and Distribution).
Checklist for setup:
★Liquidity: SSL
★POI: Two possible 15m levels (I'd divide risk)
DOL: BSL (up. See follow up post).
Success to all.👊🏼
EU TURTLE SOUP POST-TRADE review First entry level (deleted) was taken out as price mitigated deeper into the 1hr ob.
Even though, the second entry level was at the top of the swing, news volatility drove past it by 1.8pipets.
It is always safer to place SL at swing points (that do not have Liquidities or Unmitigated levels resting above—Bearish structure or below— Bullish structure them ).
Recommendations: don't enter trades and place SL within ob range. Rather, use the mean-treshold of ob for entry and place SL at swing point if your RR will still be achievable.
Success to all.🍾
NZDUSD With Double Possible Levels Here's not my favorite kind of continuation entry.
What to do in scenarios such as this one?
Options 👇🏼
a. Divide your risk
b. Use confirmatory entry
c. Don't participate (sit it out and be patient for the next high probability setup)
d. Moving to another pair (instruments) you trade with a better setup offering higher probability.
NZDUSD Will Ride Long?Cause of the possible bullish run for next week: mitigation of weekly FVG (a little bit below Equilibrium at discount)
Trend: Bullish as price has broke structure up (ChoCh)
Stage: Expansion but expecting a retracement into either the 1hr FVG or extreme FVG that will trigger a possible long opportunity.
What will cause this retracement is the mitigation of that ob in which price is within.
Time frames analysis (for setup identification and entry.)
On daily TF, the weekly FVG (first DOL) is more pronounced. So, I have a confluence there.
On 30min, Price is within a bearish OB that should cause the retracement I'm looking for (screen can't cover it but it is to the left side if you go to the chart).
Some people will short the retracement but I don't feel like yet as price might not retrace if it likes.
Those FVGs are either levels where I'm looking for a buying opportunity. I might decide to divide my risk since I have two possible levels. 0.25% for each if I'm risking 0.5% per day or 0.5% for each if I'm risking 1% per day.
(Another alternative is to go with a confirmatory entry). Anything more than two possible OBs or FVGs, I'm not working with it. I'd consider that multiple levels with a low probability setup.
All for educational purpose.😄
USDCAD Fulfilled LIQ yet?Price has swept the daily TF trend line Liq, taken care of the SSL in form of some relatively EQLs.
With a clear displacement and leaving a FVG (visible on 30m TF) behind, it looks like a possible Turtle Soup Buy setup.
I'm thinking the DOL should be the high created on Friday if we're looking at it from a Bullish perspective.
Bearish Perspective 👇🏼
It's only Bearish if it's going lower for that daily FVG (visible on daily TF just below the trend line).
IPDA on EURO FUTURES CONTRACTSellside and Buyside Have both been Purged Since the New Yearly Open with price Resting at the Midpoint of the overall Neutral Order Block we are currently sitting inside of. I am Neutral Until I see a significant Displacement Leg Form; Shifting Market Structure to a More High Probability Setup. For now I will Simply use the Weekly Range(s) of Liquidity on a Daily TF to Locate 4H Swing Highs/Lows for 1H Model Frameworks - allowing LTF 5min 3min 1min Entry Setups At HTF and MTF PD Arrays. Running sentence, sorry. #ICTStudent
** NOTE: Even though Long Term I am Neutral - I am Bearish on the Short Term till price Reacts off of the Bullish Breaker, because we are in a Bearish Weekly Candle with a confirmed Daily Swing High for Monday, Tuesday, and Wednesday that has drawn a Daily Bearish FVG.
EURUSD Breakdown 1HRAfter having a High momentum Push down yesterday we see market moving upside in a low momentum so we expect sells highly to come in after filling the 1HR FVG and also taking out the BSL, So after taking out all those we wait for 1M Market shift and another BOS for 2ND Entry(Low risk) We SELLS
New York Midnight Open - Influential. Here is an example whereby the New York Midnight Open (NYMO) was influential.
Overnight trading and pre-equities open was drifting just below the NYMO price.
and once it broke above for the 2nd time with intent...it rallies hard higher for remainder of the mornings session.
However, as we breakdown lower, approaching the breakout area of the morning's rally, we see a great deal of support and unwillingness to break down further; as we enter the final hour of trading.
This is likely due to the original displacement 15min FVG / BISI which triggered the morning's move, with candle bodies respect the C.E. of the FVG, now acting as support.
And within that same vicinity is also the NYMO price. The market dips below the NYMO price, hitting the Bullish Order Block (+OB) perfectly, right at the 15:15 to 15:45 macro.
Which fires the market higher before the equities closing bell, running against those who were short from the lunchtime/afternoon run lower.
BTC/USD 28383.00 BUY IDEA ICT SMC BASED TRADE 1:10 RRHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GREAT WEEKEND.
HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT TODAY AND TOMORROW ON BITCOIN.
BTC/USD BUILD LQ DURING ASIAN SESSION SAW A SWEEP OF THAT LIQUIDITY LOOKING FOR A SWEEP OF THE BUY SIDE LIQUIDITY.
* Yesterdays highs TAKEN looking to target buy side liquidity on the on BITCOIN.
* Should this happen looking for entries LONG with the ICT 2022 entry model.
* Targeting the Asian BUY SIDE LQ.
-This would be an ICT JUDAS SWING SET UP
* Overall target will be the SWEEP OF THE HIGH.
* + RSI DIVEGENCE CONFLUENCE
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - INTRA DAY SESSIONS TRADE
$NAS - Double Play - Short to LongAfter being rejected to the upside a few times, it appears to be seeking liquidity below first, after cracking into the discoount zone, the rise in price should follow
Short
Entry now-12,300
SL - 12,740
TP - 11085
Long
Entry - 11065
SL - 10200
TP- END - 12,300
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