GBPNZD SHORTLooking to go short on GBPNZD lot of confluence on the trade
1) Sitting on my institutional level 1.9150
2) Making a trendline rule i use in taking trade
3)The market is in overall downtrend
But i am still waiting for candlesticks formation to hop on this if there is no candlestick confirmation then am not taking the trade
Institutional_trading
DXY ANALYSISOn my last post i mentioned DXY should drop to that trend and during that drop USD should be weak which actually played out i took advantage of it caught a buy on EURUSD and a sell on USDCAD so now i expect DXY to gain strength so USD should become strong now And i also have a setup for EURUSD sell which is a good correlation EURUSD setup in my next post
Analysis on EURCAD from an Institutional PerspectivePrice has continued to take out highs, where liquidities are rested... looking at how price took out the liquidity below and rallied to the upside, a mitigation is expected on the last bearish candle before the rally up.
1.5785 First Profit Target, R:R 1:4.3
1.5970 Overall Profit Target, R:R 1:7.69
EURUSD ShortLooking at a potential 1:55 short on EURUSD, my bias is relevant to DXY. Expecting retracement on Monday to clear up Thursday/Friday liquidity. My POI is based off of a BTS that needs mitigating, as it has taken out EQH's and left and IMB after it which is all signs of Smart Money.
The market has left some EQH's to be taken out on the way to the POI, with IMB's on price above it also. Giving me extra conformation that we will see the market expand upwards.
I will be risking 1% on on the entry given, but also 1% on LTF entry.
EURNZD Institutional Trade Breakdown (80 Pips Smashed)Hey guys in this video I will be doing a trade breakdown EURNZD. This is a trade I took today for 80 pips and I got into detail as to why I took this trade and what made it successful. Let me know if this helps anyone at all or if you have any video recommendations!
Big Move On EURJPY Following Range Bound Behaviour. Expectation:
Stop Loss Hunt towards the Major Support Level Trapping Retail Speculators.
Approaches Demand Level Below then convert Sell Orders to Buy Orders
Most likely to manipulate the range lows at the start of London session and swiftly move away
Beware of Demand Zone highlighted red above as this could provide some resistance and prevent the market from creating HH on Daily time frame
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$BSV Correction - It's Usually the 70.5% - Institutional TradingI normally wouldn't try to make a call on something like BSVUSD. But when the bearish order block just happens to align perfectly with the 70.5% retracement level, I have to say something about it. So don't get too excited, don't get the FOMO. Wait patiently for the correction to hit between 217 and 207 and that's when I would likely be entering the market. If it's institutional Money in the room they always give themselves a second chance at entering the market at a discounted price. and 70.5 is almost always the "go-to" discount.
It also made near equal highs to the previous spike/swing high in 2020 of 325. (Chart here)
Meaning when it reaches that point again there will be a lot of market liquidity, people shorting it or buy stops trying to run through it. It will run through it but only slightly to take out the shorters. Then a pull back just enough to take those that were putting in buy stops, expecting the bounce at the high, and it will go lower to take those retail traders out. Until we eventually hit another bullish order block and see the bull market continue. It will be funky, so be careful and know when to enter. Be dillligent as this evolves.
Hopefully, this brings some insight into this price action. Be diligent and pay attention. Especially if you have an exchange that doesn't allow limit orders like Coinbase.
Good Luck and Good Trading
$ETH - Institutional Trading In CryptoEthereum may be gassing out due to exhaustion. However, it may just be searching for liquidity which it will find just under the receent equal lows about at the 150% extension of the current High and recent low/drop. I suspect it may come back up as a fake out and fall short of the high due to the bearish order block. There's a pretty significant trendline which will bring a lot of Liquidity in the market, I would expect it to sell through that and then below the equal lows as already noted above. After that, I still have a Bullish outlook on ETH. Just be careful of the drop and have some buy limits set to enter that the best time.
Good Luck and Good Trading.
Sell IndicesLokking for a sell after the Monday bearish movement, most of the gaps has been filled but the retracement has been past 61,8 level and looking to go up to 78.8 level, there is also the level when the up move to break highest high started and the fake out, or stop hunt if you will. there is no apparent reason for the market to keep making highest high and new all time high, so a sell is much more likely for today in my opinion. it would also meak great Head and Shoulders pattern. Nice risk to reward as well, so looking forword to see how it plays out.
bullish idea institutional trader price in re accumulation .. may price go down and kiss fair value gap and go higher. For entry go to lower timeframe .
USDJPY ORDER BLOCK 12/19/20201 HR TF, USDJPY, SELLS
- BEARISH MARKET CLOSE
- MARKET WILL CONTINUE TO BREAK THE BLUE SUPPORT AND SELL TO GREEN LIQUIDITY ZONE
- GRAB STOP LOSSES SET AT THE GREEN LIQUIDITY ZONE (THIS IS WHERE THE UPTREND STARTED)
- MAKE THE PREVIOUS SUPPORT INTO A NEW RESISTANCE LEVEL (BLUE LINE)
- MARKET WILL REACH 50% OF THE GREEN ORDER BLOCK (HIGHLIGHTED IN PURPLE)
- GRAB LIQUIDITY UNDER THE PURPLE SUPPORT