Ictstudent
DXY ANALYSIS Dollar index(DXT) has been bullish since this week ,this was because there was a draw on liquidity which is the EQUAL HIGHS that got raided Which made RESISTANCE TURN SUPPORT and also BROKE MARKET STRUCTURE HIGHER ,
As you can see price left a MITIGATION BLOCK and also a DAILY FVG(FAIR VALUE GAP/BISI).
Looking at the chart there is a draw on liquidity I marked which is the LRLR/MONTHLY FVG , I expect price to fill the daily FVG/BISI in the MITIGATION BLOCK area, retest SUPPORT and rally up to seek the LRLR/MONTHLY FVG.
I'm expecting bullishness on the Dollar short term from my view.
NDQ Short Clear Shift in Structure and Break of Structure occured giving signs of a possible drop that will break the 14 900 level - this is also supported by the sell side liquidity left under 14 800. Entry opportunity might happen between the London or New York Session Killzone hours (which are 09:00 - 12:00 & 14:00 - 17:00 SAST)
$BTC - Equal highs = liquidity draw - Very BullishThere'e be a few fair value gap and berish order blocks along the way to knowc the price down a bit. But you have remotely equal highs which meamns there is. tone of liquidity resting aboveand around these areas of "Resistance" They're not resistance, they're just part of the algorithm themselves that were knocked back due to fir vlue gps and being oversolf on liquidity runs. Think outside the box. Think like. banker. Price will get above these equal highs in. matter of time but should've get any lowere that the 100% that I have (closed candle) if it does maybe look to go short, but this is still bullish to the extreme. COINBASE:BTCUSD
M.O.P ExampleHere is a clear example of price moving to
an area of discount before moving higher
and breaking the pervious day's high.
M.O.P = Midnight's Opening Price
The midnight opening price reprices the
forex algorithms discounted and premium level.
Since my analysis on UC was bullish I was anticipating
a move below M.O.P before entering the market.
Looking to buy at a lower level rather than a higher level.
Hope you learned and get to study this price action.
$SOL $SOLPERP - On iT'S Way Toward Break of Structure #SMTNot Many Shorts to take advantage of, but at least this will map out when they happen if they are to happen. Ahead we have Bearish order Block, 32.3450-32.5250, which should send it down to the Breaker Block is. This is where I would be looking to go long, near 31.0225 to 30.2100 (It's circled in the paths) In this area there is a Fair Value Gap just below a liquidity point (because that's where everyone else would expect it to go long, Smart Money might push it further down) The reason the stop loss is in that place is because that covers the full Fair Value Gap and Bullish Order Block, any lower than that and it's taking out that sell-side liquidity and most likely moving lower (that part is at the end). The next pass would get us to where price want to go right now anyway, the liquidity point where all the sell limits are placed and buy stops are placed. Here we could see price jump back and forth taking out each side of the market, such as shorting just before the line to get people thinking it will once again short before making a turn to the north. The short people start chasing it, it passes the line triggering the buy stops, until it hit's the tiny but silll bearish order block would then send the path back down taking out the buy stops if the have short stop losses (These people think that same line will act as support so they use thin stop losses) and then finally settling on moving up. The next point it will be seeking will be the $36 mark where there are two equal highs, again another liquidity point where limits are set and retail are expecting it to short. I'm expecting a long right through it but if not that would be a final target. At least I'll be taking off most of my position here, my stop loss should be well into profit by then and we'll just wee what happens next. In the heart of all of this Solana has been the hardest to break down.
And as noted if all goes wrong in the beginning and we just go below the early liquidity point and through the fir value goes (Watch those because either one could cause a reversal) but I would think it would be headed toward the lowest bullish order block that is ner before getting another chance at going long.
Anyways just my thought. In no way shape or form are my thoughts considered financial advice. Good Luck and Good Trading.
- Bodies X Wix
$BTC - Maybe not, But a Warning that Bitcoin could get to 20kWhat would I do if I were an algorithm trying t take other people's money. Well, considering most people in this chat are extremely bullish at this price, I hate to be the bearer of bad news, but all the open Fair Value Gaps got me wondering "how much longer until it hits that Fair Value Gape near $20k...... so #SMT - Smart Monet Theory would suggest BTC would get as low as 20k. I've been saying this for a while but it was finally time to out it on a chart to show people. I personally got out at 57k and I have made some trades, but I'm not HODLING any unless there's 3% or more Staking for BTC somewhere, I think a few might have or lending which is good if you are going to hold them. I'm now. Bitcoin is not like a stock, it's a currency like forex. Anyway, everything is written on the chart, I would personally try to short BTC from now of the 4 entries mentioned down to the 20k take most off, put your stop loss at a good level and let the other shorts go in case it does end up going shorter. But I think staying below 20K was way too long snd now it'll just touch it. Could possibly drive everyone nuts by being between 20 and 25 for bout 6-8 weeks, but then we know that gotta be accumulation, I'd start checking the open interest and the volume of the Bitcoin Futures to see when we could see movement. Bitcoin futures show they added longs last week and we didn't see it go that way. Maybe We could be reaching d) on this chart.
Well to everyone,
good luck and good trading.
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EURUSD RECOVERY RETRACEMENT?after the fundamentals of yesterday pushing the EURUSD lower to
1.19905 which is the HTF Demand zone. over all bias is still bearish we should ride the temporary retracement to make a LL at 1.21000 supply zone before further drop or a change in trend.
trade carefully
GOODLUCK