US30 POTENTIAL SHORTSPrice has a potential for the downside upon the retest of the previously formed bearish orderblock.Wait for your own confirmations to confirm the move.
Imbalance
BTC important information about the retracementIts important for BTC to hold the Uptrend 4HR.
BTC is still bullish as long as it holds the uptrend.
There is a possibility that BTC will test liquidity to the downside and fill some imbalance in the market.
it is then important for BTC to regain the uptrend and hold the bottem line then BTC is still bullish for me for the mid term.
For now BTC is in a perfect retracement so nothing to worry about.
Ps: No financial advice.
200 PIP move incoming?Hey Traders,
Looking on the 4H chart for NZD/USD here, we've got a very interesting setup. As you can see we've had three solid bullish moves as marked by the purple rectangles, each supplying a solid demand area. The bottom 4 hour demand area is an area which I believe this price will come back down to and will bounce accordingly. You can see the solid bull run we have had from that area, yes, we did have one of the early candles in that move come back down and test that demand but I want to see full price action come back in and test that. If we do manage to get down to 0.677, I will also be looking to take this long from there.
You can see that we filled supply at the top of the chart, we have just taped in there as outlined by a little blue circle on the wick. Once we taped up in there, we had a solid bearish push indicating there may be some more bearish power coming into play.
While I'm not looking to just enter blindly when we come up to this 4 hour weak supply. I do want to see a solid bounce down on the 1H or 15M chart. As usual, I want to see a trend line break, I want to see some structure breaks, I want to see a solid indication that we are going to head lower from this area before taking the trade. We have some pretty obvious take profit points on the chart. Overall, I'm looking for a 200pip move over the next week. It will be interesting to see how it performs given NZD usually coincides with the AUD and I'm expecting Aussie dollar strength over the future, so keep an eye on this. Let's see how it plays out and I'll keep you updated.
If you have any questions, please ask away in the comments!
Hypos SPX 4-4-22Hypos on SPX:
1. Primarily looking to see if price pushes into the D-FVG to fill the imbalance and continue to push down. As it stands there hasn't been much movement and price is hanging just below the FVG(L) by about 10 points. Also we've traded in a about a 25 point range and that's about it all night with the opening sitting at about 50%.
2. Second hypo, we drop down into the daily wick and hold to buy in that wick range around 4525.05. If this happens then I could see us rejecting here to move up further into the FVG or continue to higher to take out the last high.
Consolidation between Supply and DemandAt the point A, the imbalance happened from the base (equilibrium). The price shot high quickly to the point B. After that the price retrace to the point C. The price rose again and broke the swing high of the B. and make the higher high. After that the price got down and broke the low of C.
The price dropped slower than the rally of A. So the projection of the drop is to the point of D where the demand zone lies. After that, the price will rise (at least) to the level of B creating pattern Quasimodo.
For your information, Quasiomodo is like head and shoulders but with an additional requirement of left shoulder. The left shoulder should get down and break the low of the right shoulder.
ICT IMBALANCE / FVG / LIQUIDITY VOIDLiquidity void, Fair Value Gap, Imbalance... These terms are interchangeable.
As a Charter Member ill tell you what I've shown here, is a basic depiction, as I got asked a question on what is an imbalance?
An imbalance, is an imbalance in price, where price has NOT efficiently delivered orders in the market, price will like to revisit these areas, of imbalance, as seen here. The diagram on the left depicts the ideal model of what an imbalance is, the chart on the right is an in time example.
if you notice one of these getting filled, at a place where you are bearish/bullish... well.... there is your trade!
Reversal potential when the price heads the demand zoneDemand Zone C is not strong because the imbalance is messy. So the price would break the zone.
The recent price shows potential outside bar (engulfing candlestick).
Demand zone B is actully tested by the pullback (pin bar). But it still has high probability because it is backed up by the lower demand.
GBPNZD ImbalanceHey guys,
I'm not seeing a whole lot of stuff out in the market at the moment that I really want to trade, I've been trading some fundamentals on the Aussie dollar for the past few days and on the outer timeframes, looking at all the charts I'm really not seeing anything grab me. One thing I have noticed is this massive imbalance here on the GBPNZD pair. If we do manage to get up into this supply area, however long that takes, we definitely can look to go short here. As you can see, the just pure mass of shorting and selling that happened at this time, I think there will be a lot of orders that bounces back off of this price.
If you guys have any ideas out there in the market at different pairs, you're looking out on the different time frames do let me know. I'm struggling to see a whole lot of opportunities. Market tends to be moving one way and not so much in a wavy format as usual, which doesn't coincide with my strategy. But that happens sometimes. Happy trading guys!
NZDCAD Analysis - March 27, 2022So I did a little charting and (top-down) analysis on NZDCAD. It's not a currency pair I am trading personally, but I used it for practice purposes only...
NZDCAD Analysis - March 27, 2022
Starting from the Weekly timeframe price has just retested a Supply area (0.88880 to 0.87690). I also can see an EQL looking at the current swing low that equals the low of March 11 of 2021 at 0.83425.
Scaling down then to the Daily timeframe price never closed above the 0.87690 level (low of the weekly Supply area), only wicked trough attempting to make a higher-high but never did.
On the 4h timeframe, I spotted another Supply area (Green) within the Weekly Supply area (Gray).
Although the 4h timeframe shows Bullish bias looking at recent price action by breaking structure to the upside, one can clearly see that price reacted pretty accurately from those "intertwined" Supply areas and has started to make a lower-high since. Also, when looking closer, I spotted a Demand area (Purple) that was the last indecision candle before the impulsive move right into the Supply area (Green). Thus leaving a huge imbalanced price gap behind to fill.
Now that I have a pretty good idea that the market bias is (turning) Bearish, aiming to close the imbalanced price area, I will go to a lower time frame and set out some key levels for possible shorts.
From the 1h timeframe perspective, we are ranging. I marked out some key levels on the chart based on this timeframe and then refined those levels on lower timeframes, keeping in mind the levels, structure from the higher timeframes.
When combining all the timeframe levels it looks like this.
In my humble opinion price will go for the liquidity below since there is also an in-efficient price action below it, with above that area an imbalanced price. Looking at the price action from the range high, it looks pretty efficient making those lower highs and lower lows, respecting each lower high on the way down. That's why my focus is more on the imbalance to the down instead of the one on the upside.
I think the price will go for the refined zone below eventually because:
- Major trend is a downtrend on higher timeframes
- Price made a huge impulsive move to the upside and tested a weekly Supply area leaving an imbalance price area behind
- Price has retested and rejected multiple times the weekly Supply area where the big impulsive move from earlier ended and never closed above it
- The substructure of the higher timeframe "swing" is making lower highs and lower lows on the lower timeframe
- There are multiple imbalanced price areas to the downside
EURUSD - The Next Rally 🎯I have interest in buying EURUSD this morning.
It is pulling back to fill minor bullish imbalances below the Asian low.
When this is complete, I assume it will either use one of the imbalance levels or the major demand for the next rally to the upside.
Preferably the demand.
I will keep you updated on this one team! 🔥
USDJPY due to fill late buyers The dollar has truly shown its legs on this pair as of this year, currently floating at yearly highs.
As fundamental factors loomed and swayed the opinions of many retail investors and institutions in the last month or two when investors are looking towards safe haven pairs the dollar was clearly favoured over the Yen, for example.
Now, the majority see dollar strength and that’s all good but look, the higher time frames on this pair and correlating pairs alike show many major imbalances that are yet to be filled. This is my view based upon 1HR Time frame POIs.
I suspect a retracement to sub 118.500 before any upside continuations.
Let’s see what UJ can do this week!
CHFJPYCHFJPY Looking For Shorts
I'm Looking To Short Based On The Price Retesting/ Filling In The Daily Inefficiency
Price Rejection To That Level 126.460
We Have A Daily Rejection Block
After Price Took The Orders Resting Above The Old High
We Have Distribution Schematic (Which I Did not Mark Up)
Plan
We Have Our Maximum Stops =30 Pips
Targeting To Run Over 2 Asian Lows That Are Too Cleaned
PLEASE WATCH-OUT FOR THE 11 Mar Asian Low It Near Inefficiency Which Can Drive Price Higher Before Taking Out The Old March Low (124.250)
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