Institutional
The bears finally take control of the Dollar.Hello traders,
Since the formation of the 3 swing highs which indicate a reversal in price, the price went into consolidation the entire of last week and respected the bearish Order block and also retested the breaker.
The retest of the breaker signifies that more sell orders are being taken by the Institutional traders.
Additionally, the high of last week was formed at the Institutional price level of 104.800
I expect a significant drop in price this week as the price goes ahead to fill the liquidity void below.
Like and Subscribe.
EUR/USD 1H FOMC TRADE ANALYSISHello traders, I will first preface this by saying trading FOMC is not recommended and this is simply a price action exercise. Moving on to the interesting stuff, this is what I see FOMC producing if we get a bullish leg first. Price will likely run up towards the low of the bearish mitigation block seen on the daily chart, this block contains an hourly bearish order block where institutions can add onto their already bearish positions. Volatility will most likely be extremely high with this FOMC announcement, therefore if price does go according to this analysis we could see targets for partials at 1.03578, 1.03341 and if price really gets away the monthly bullish fair value gap could fill all the way to 1.02500. Ofcourse, price could simply immediately fall from its current price at 2pm EST and never give a chance at entry for this trade idea or the stop loss for this trade could be hit, this is trading, anything can happen.
P.S This post may feel rushed that's because it is, I wanted to get this published before the FOMC announcement. However, I will be sure to provide a more detailed analysis of my idea once I have more time. May the markets be with you.
CNX over key pivot to reach ATHsCNX has shown great strength recently and broke over $23.33 pivot to hit new ATHs yesterday; volume has also increased, having shown volume dry up during the accumulation phase. The U/D ratio on this ticker is also good and suggestive of institutions buying this stock up.
Institutional Traders Turned BearishCoinbase premium has significantly dropped to the negative territory. With more institutional traders on Coinbase and more retail traders on Binance, the Coinbase premium over Binance’s BTC price has been a good gage of the institutional trader sentiments. Institutional traders have been willingly paying premiums throughout the past 2 years of crypto market boom and have just recently started trading at discounts. This is a sign that institutional traders are more bearish than retail traders in the current market.
While we could have relief rallies in the meantime, the return of institutional faith in the market is needed for any significant uptrend. In both the 2019 and Covid bottoms, the Coinbase premium turned significantly positive, which we have a long way from in the current market.
Is BTCUSD ready to go long?
Good day guys
Here is another trade idea.
As you can see the circle marked in orange above, represents reversal with a high volume. And blue circle and the end of the consolidation, indicate a low volume of buyers, meaning sellers pushing maybe price down, where I think the institution's orders are waiting to trigger a long trade
We have to wait for what happens and the next price reversal is how the volume reacts, high or low?
Trade well
NZDUSD Buy Entry TypeWe have broken the HH, the most recent structure and
mitigates the marked area and returns to the downside.
We note that the price has made several
Complex Pullbacks (CPP) and refers to the 2h OB.
One of the options that the price can make when reaching the OB is:
1- Complete it at 50% or 100% of the OB and change direction upwards.
2- Break the HL and continue down.
If the 1st option is met, we will search for TP1 and TP2.