Imbalance
Bitcoin's Tight Squeeze: Are We Preparing for a Big Move Up? 🚀Bitcoin (BTC) is experiencing a period of intense consolidation, characterized by narrowing price ranges and increased trading activity. This compression often precedes a significant price movement, and based on the current dynamics, many traders are gearing up for a potential bullish breakout.
Squeeze & Liquidity Sweeps: The Tug of War
In recent market sessions, Bitcoin has been exhibiting a strong squeeze pattern, causing price volatility to contract. Despite this tightening range, there's a noteworthy trend – liquidity sweeps are primarily occurring on the upside. Liquidity sweeps involve large market orders that briefly dip into specific price levels to trigger stop orders or accumulate positions.
What's Ahead: A Retest of the Daily Imbalance
As we navigate this period of compression, many market participants are keeping a close eye on the daily imbalance level around $31,000 - $32,000. The significance of this range lies in the liquidity dynamics. Traders are eyeing a potential retest of this zone, which, if successful, could trigger a renewed bullish momentum.
Trading Strategy: Navigating the Uncertainty
For traders, the current situation is both a challenge and an opportunity. This tight consolidation phase is an ideal time to refine trading strategies and adopt risk management techniques. The impending price movement might provide exciting trading opportunities, but it's essential to be prepared for both bullish and bearish scenarios.
Conclusion: The Calm Before the Storm?
While Bitcoin may appear to be in a tight squeeze, the market is far from idle. Liquidity sweeps and the potential retest of the daily imbalance zone add complexity to the picture. With these dynamics in mind, traders are ready to seize opportunities as they arise, whether it's a breakout to the upside or a different turn of events.
🚀 Crypto Insights | 💡 Trading Strategies | 💰 Market Analysis
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Share your thoughts and analysis of Bitcoin's current situation. 💚🚀💚
USDJPYWas waiting for the next opportunity after getting stopped out from the last trade. There might be the end of the uptrend for UJ for now. I've placed my trade on last Monday, and there's so many big news on USD these few days.
As there weren't any hiking in rates, it's time to fill up the imbalances below.
Let's share idea's based on UJ, do drop down a comment on why you bought it and why do you sell UJ.
NOTE: I'm not a financial advisor
EURJPY: Important Bullish Breakout & New High 🇪🇺🇯🇵
EURJPY is trading in a long-term bullish trend.
The price formed a huge ascending triangle formation on a daily,
perfectly respecting 159.8 - 160.0 resistance.
Yesterday, the pair formed an imbalance bullish candle
and successfully closed above the neckline of the pattern,
setting a new higher high higher close.
It will most likely push the prices to the new highs.
Next resistance - 162.5
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BNB: Manipulative Moves in TriangleBNB has become the focal point of attention lately, caught within the confines of a significant triangle. What makes this setup intriguing is the consistent formation of equal lows at the bottom, an enticing prospect for market makers. These stable lows create an ideal opportunity for market makers to trigger stop losses hidden beneath these levels and propel the price higher.
The Art of Manipulative Moves:
Cryptocurrency markets are rife with manipulation, and BNB is no exception. Its current state, stuck within a giant triangle, provides an ideal playground for manipulative actions. Market makers can exploit this pattern by creating false impressions, triggering stop losses, and generating volatile price movements.
Exploiting the Imbalances:
Moreover, on the weekly chart, there are lingering open imbalances waiting to be addressed. Market manipulators might seize this opportunity to rectify these imbalances, a move that could potentially fuel further upward momentum.
Trading Strategy:
Caution and Vigilance: In an environment marked by manipulation, caution and vigilance are your best allies. Stay alert to sudden price movements and be prepared for unexpected volatility.
Solidify Your Strategy: Reinforce your trading strategy, incorporating robust risk management practices and stop-loss orders to protect your positions.
Stay Informed: Keep a keen eye on the market and stay informed about news and events that could influence BNB's price.
Conclusion:
BNB's current situation within the giant triangle is a testament to the complexities of the crypto market. While patterns and setups offer valuable insights, it's crucial to acknowledge the presence of manipulative forces. As a trader, your ability to adapt, remain vigilant, and navigate these manipulative maneuvers will be your strongest asset.
Remember, in the crypto world, knowledge is power. Stay informed, trade wisely, and may your journey in this dynamic market be filled with success.
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AAVE's Bullish Pattern🌊AAVE is making waves, and it's not just another ordinary move. It's showcasing a powerful bullish pattern that suggests it's on a mission to dominate the buy side liquidity like a conquering force. The initial target in its sights? $133, and it seems to be approaching this objective with unwavering determination. 📈🌊
The Bullish Pattern Unveiled:
AAVE's price action has unveiled a striking bullish pattern that's capturing the attention of traders and investors alike. This pattern signifies a strong upward momentum, and it's not something to be taken lightly. 📊🚀
Aiming for Liquidity Domination:
What's even more fascinating is AAVE's clear intent to take over the buy side liquidity. This means it's strategically working to clear out buy orders above its current levels, creating a path for further price advancement. 🧭📈
Initial Target: $133:
The first milestone on this journey appears to be the $133 mark. AAVE is seemingly determined to reach this level, and it might not stop there. 🎯🚀
Trading Strategy:
Observation: Keep a close eye on AAVE's price action and the progression of this bullish pattern.
Risk Management: As always, implement risk management strategies to protect your investment, especially in the volatile crypto market.
Fundamental Awareness: Stay informed about AAVE's fundamentals and any news that could influence its price.
Conclusion:
The cryptocurrency market is known for its fascinating patterns and explosive price movements, and AAVE seems to be aligning with this tradition. While patterns can offer insights, they don't guarantee outcomes, so it's essential to trade wisely and adapt your strategy to the dynamic nature of the crypto space.
AAVE's determination to dominate buy side liquidity and its initial target of $133 are compelling signals. As you navigate these exciting waters, stay vigilant and informed, and may your trades be prosperous.
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XAU ShortsI took shorts this morning and ill explain why...
Fundamentally the us index was looking positive.
I noticed on the higher time frame that XAU has been at a steady bullish run since last Friday.
Using wyckoff schematic on the 4hr, taking time and price into consideration, I made the ultimate decision to take my chances on the short for a 1:3 and 1.5% ROI
Trading Fake Breakouts ! Real ETH Move UP The Art of Trading Fake Breakouts:
Fake breakouts occur when an asset's price appears to break a significant support or resistance level, only to quickly reverse in the opposite direction. They can be frustrating but are also opportunities in disguise.
Ethereum's Triangle Pattern:
As of late, Ethereum has been forming a triangle pattern, a classic setup in technical analysis. Typically, traders expect a breakout from this pattern to signify a strong directional move.
However, here's where the twist comes in. I'm keeping an eye on a potential fake breakout scenario where Ethereum might appear to break below the lower boundary of the triangle. This could trigger panic selling among some traders, leading to a sharp dip.
The Real Growth Opportunity:
Now, here's the interesting part. This fake breakdown could be a prelude to a genuine price surge. After shaking out the weak hands, Ethereum might reverse course and embark on a true upward journey.
Trading Strategy:
Patience: Don't rush to trade the initial breakdown. Wait for confirmation that the move is genuine.
Confirmation: Look for clear signs of a reversal, such as strong buying volume and price action back above the triangle's lower boundary.
Risk Management: Always employ risk management strategies, like stop-loss orders, to protect your capital.
Research: Stay informed about Ethereum's fundamentals and any relevant news that could impact its price.
Remember, trading fake breakouts requires keen observation and a calm demeanor. It's about navigating market psychology and seizing the opportunities that arise from the panic of others.
So, stay vigilant, be patient, and keep an eye out for the twist in Ethereum's tale.
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GbpUsd Is Otw Back To 1.23xx Level Minimum
Yesterday I entered long for GbpUsd. The R:R is quite good. Min 1 to 2.
Whenever price hit the imbalance zone of 4 hours chart I plan to take 50% off from the market and leave nother 50% at break even and let the market unfolds.
Who share the same thought?
Trade with care. Don’t jump in. May the pips be with u. Happy weekend.
Weekly Imbalance Filling for CHAINLINK 🚀💼In the ever-evolving world of cryptocurrency trading, recognizing unique opportunities is essential for success. One such opportunity that often goes underappreciated is the concept of weekly imbalance filling. In this post, we'll dive into what weekly imbalance filling means and why it's crucial, especially for assets like LINK, which hold significant growth potential.
Understanding Weekly Imbalance Filling: A Hidden Gem
Weekly imbalance filling refers to the process of fulfilling previously unmet market orders, typically those accumulated during weekly price gaps.
These gaps represent levels where market participants have unexecuted orders, creating a potential catalyst for price movements.
Why It Matters: The LINK Perspective
Chainlink (LINK), known for its innovative decentralized oracle network, is an asset with substantial growth potential.
Recognizing the power of weekly imbalance filling can be especially beneficial for LINK traders and investors.
The Potential Benefits: LINK's Growth Catalyst
Filling weekly imbalances can act as a strong catalyst for LINK's price appreciation.
By addressing these gaps, the price often experiences upward momentum as market orders are executed.
How to Leverage This Opportunity: A Game Plan
Identify Imbalances: Use technical analysis to locate weekly price gaps or imbalances on LINK's chart.
Monitor Closely: Keep a close watch on these levels, as they may serve as key turning points for LINK's price.
Trading Strategy: Develop a well-thought-out trading strategy that incorporates weekly imbalance filling as part of your decision-making process.
Risk Management: Always employ sound risk management practices to protect your capital.
Conclusion: Seizing the LINK Opportunity
In the dynamic world of cryptocurrency trading, it's crucial to stay vigilant and explore all potential avenues for profitable opportunities. Weekly imbalance filling represents one such avenue, and when applied strategically, it can serve as a powerful catalyst for LINK's growth.
Chainlink's unique position in the blockchain ecosystem and its ongoing development make it a prime candidate for benefiting from this phenomenon. By understanding and harnessing the potential of weekly imbalance filling, traders and investors can position themselves for success in the LINK market.
Remember, while this strategy holds significant potential, it's important to combine it with comprehensive analysis and disciplined risk management for a well-rounded approach to trading LINK. 🚀🔗🚀
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Can Bullrun Start Without Gap Fill? 🌄🕳️ The Gap Dilemma: Price gaps occur when there's a notable difference between the closing price of one trading period and the opening price of the next, often seen on the charts as a "hole" in price action.
🔍 Gap Filling: Traditional market wisdom suggests that gaps tend to get filled, meaning that the price revisits the gap area and trades within it. In Bitcoin's case, this could mean a retracement to fill a previous gap before further upward movement.
📈 Historical Anomalies: Interestingly, Bitcoin has shown a tendency to defy this norm. In its historical price data, there have been instances where significant bullish trends started without revisiting or filling previous gaps.
🌐 Market Sentiment: Bitcoin's behavior often reflects overall market sentiment. If there's overwhelming bullish sentiment, it might bypass gap filling and initiate an upward move.
🚧 Caution Required: While Bitcoin's past actions might suggest the possibility of such scenarios, it's important to approach each situation with caution. Market conditions can change, and historical patterns don't guarantee future outcomes.
💡 The Takeaway: Bitcoin's unique nature means it doesn't always conform to conventional market expectations. While gap filling is a common phenomenon, the cryptocurrency has demonstrated the ability to start bullish trends without revisiting these gaps.
In trading and investing, adaptability and a comprehensive strategy are key. Keep a close eye on market sentiment, technical analysis, and news developments to make informed decisions.
Remember, there are no absolutes in the crypto world, and flexibility in your approach is your greatest asset! 📊🚀
BITCOIN IMBALANCE : March 2023 Fractal Today, we're delving into one of the essential aspects of trading - imbalances. This concept can be your trusted ally in navigating the dynamic world of cryptocurrencies. As an example, let's consider a situation from March 2023 when we experienced a drop due to an imbalance, followed by a retest and a continuation of the upward trend.
💡 What Are Imbalances? Imbalances occur when there's a significant disparity between supply and demand in the market. This can lead to rapid price movements as the market seeks equilibrium.
📉 The March 2023 Scenario: In March 2023, Bitcoin saw a significant drop, which many attributed to a market imbalance. However, what followed was a crucial moment. Instead of a continued decline, there was a retest of lower levels.
🔍 The Importance of Retests: Retests are pivotal events. When an asset retests a previous low or support level and manages to hold or bounce back, it often signals a shift in market sentiment. In this case, it marked a potential end to the imbalance-induced decline.
🚀 The Resumption of Uptrend: After the retest in March 2023, Bitcoin started to climb again. This example illustrates how imbalances can be opportunities for traders, especially when combined with a thorough understanding of market psychology.
🔮 The Future Awaits: Imbalances are just one aspect of the intricate cryptocurrency market. While they can provide valuable insights, always conduct proper research, and consider other factors before making trading decisions.
In conclusion, understanding imbalances can be your compass in the crypto world. By recognizing their presence and closely watching retests, you may identify potential turning points in the market, just as we saw in March 2023.
Stay vigilant, stay informed, and remember - in trading, imbalances can be the precursor to significant opportunities! 🌐💰
XAU USD - showing it's teethG'day,
Master Key for zones
Red = Three Month
Blue = Monthly
Purple = weekly
Pink = Consolidative box example (Daily)
Orange = Daily
Risk Warning
Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence as criteria varies to suit the individual.
Below are some of the take aways from the video - please listen again incase any detail is missed.
Daily
Weekly
Monthly
Do you enjoy the setups?
Professional analyst with 7+ years experience in the capital markets
Focus on technical output not fundamentals
Focus on investing for long term positional moves
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
LVPA MMXXIII
GOLD /XAUUSD SHORT 🔰 Pair Name : XAU/USD
🔰 Time Frame : 1H/4H
🔰 Scale Type : SMALL Scale
🔰 Direction : SELL
📈 Gold Analysis for Today's Trading Session 📉
Hello Traders! 🌟
Yesterday's US JOLTS Job Openings data release had a notable impact on gold prices. 📊 The precious metal managed to cross the crucial Fibonacci Level of 50% despite facing some negative pressure. ⚖️
Today, our focus is on the potential price movements in the gold market. 🕵️♂️ It's quite likely that we might witness a corrective move downwards, aimed at tapping into the liquidity below. This move could potentially be a strategic attempt to refill approximately 50% of the market imbalance. ⚙️
However, keep a close watch on the upcoming ADP employment data release scheduled for later today. 📆 This data could play a pivotal role in influencing gold's trajectory. Depending on the ADP data's impact, we might observe gold extending its downward movement. 📉 It could either retest the Fibonacci Level of 38.2% for a strong support test, or in a more bearish scenario, head straight towards the prominent Fibonacci Level of 61.8%. 📉📊
As always, it's essential to trade cautiously and manage your risk effectively. 🛡️ Market movements can be unpredictable, and staying informed about fundamental data releases is crucial for making informed trading decisions. 📈📊
Best of luck on your trades! 🍀📊📈
(Note: This analysis is for informational purposes only and should not be considered financial advice.) 💼🔍📊
GBP JPY - Supply tap or further move in the imbalance?G'day,
Master Key for zones
Red = Three Month
Blue = Monthly
Purple = weekly
Pink = Consolidative box example (Daily)
Orange = Daily
Risk Warning
Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence as criteria varies to suit the individual.
Below are some of the take aways from the video - please listen again incase any detail is missed.
Daily
Weekly
Monthly
The monthly controls the way the market moves - so the monthly is showing a strong supply zone.
The imbalance has been tapped - however the monthly close has not indicated yet whether price will fall back to the PCP (weekly pivot) or a long term sell opportunity is present.
Do you enjoy the setups?
Professional analyst with 7+ years experience in the capital markets
Focus on technical output not fundamentals
Focus on investing for long term positional moves
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
LVPA MMXXIII
GOLD/XAUUSD SHORT/SELL🔰 Pair Name : XAU/USD
🔰 Time Frame : 1H/4H
🔰 Scale Type : SMALL Scale
🔰 Direction : SELL
From a technical standpoint 📊, Gold has exhibited a sideward movement over the past two days. The recent price breakout to the upside appears to be a move aimed at filling the imbalance area left by last week's substantial sell-off. Our prevailing stance remains skewed towards a bearish outlook for Gold 📉. The key consideration lies in how extensively Gold retraces upward. However, we maintain reservations about Gold's potential to surpass the range of 1913-1933, delineated by the Fibonacci levels of 78.6% to 61.8%, which coincidentally aligns with the upper boundary of the weekly descending channel.
Shifting to the fundamental perspective 📰, an important juncture is approaching at 2:45 pm, marked by the release of the Flash Manufacturing PMI and Flash Services PMI news. Anticipating these events, we envision Gold ascending to approximately 1913.5, facilitating the replenishment of the aforementioned imbalance area, prior to the news release. Subsequently, a downturn is expected, propelling the price to revisit the daily support level 📉. This retesting phase would precede any substantial further upward or downward movement.
Remember, trading involves inherent uncertainties, and both technical and fundamental aspects must be diligently evaluated. Keep an eye on these developments as they unfold, as they will potentially guide our trading strategy 🕵️♂️📈.