$ETH - SmartMoney Technique Idea**Smart Money is the opposite teachings of what you're normally taught through retail - Everything is an algorithm. Price isn't random. There is no buying and selling pressure, there is no supply and demand... It's just an algorithm and the candles are the clues***
Not Much to think about except the Bullish Order Block aligns with the bottom of the 1-hour fir value gap which also aligns with the 61.8% of a 15 min fib. the 127% extension is the next high. Too many congruent things happening in the algorithm that this could be worth a shot. Part of me says it should be going lower for the discount price but we lready did that a few days ago and we may just be on a new trading level for Premium/Discount Pricing.
Institutionalorderflow
DXY bearish = GU + EU + AU BullishGap filled, corrected bearish rally with this bullish push with last FOMC and price mitigated a daily OB. next target should be to correct the imbalanced formed with last FOMC and raid all the liquidity below 89.0, price can potentially break thru 89 and target 79 which would be the next big liquidity pool
Buy $ETH - Breaker/Mitigation Smart Money SetupPrice hit the 15 min Fair value Gap and retraced to the bottom of the breaker. that was the best time to buy. And I would be aiming for the next fair value gap above the current high. Take some profit off at the first high though.
Just simple naked chart trading. You don't need fancy indicators. All you need is how to understand what the algorithm is going to do and know the specific institutional levels.
Just My thoughts