SPX, 1.13 then bounce? SPX first D point was completed on this shark as you can see the beautiful bounce at the .886, but now price is back at that key level testing support, normally when this happens price continues and price hits around the 1.13 before reversing (If it reverses).
The 1.13 does look like a good zone, wiping out a lot of liquidity and landing on another psychological level, I think i'll sit on my hands if we don't get a pullback and wait for this to complete, if we get confirmation it could be a very powerful trade, US30 would also follow it.
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Liquiditygrab
FILUSDT is getting liquidity. Ready for the breakout?
The market lost the weekly support and retested it as new resistance. The price got new liquidity and created a new bearish impulse.
Now the price is testing the 7$ area and it's creating an ascending triangle.
How to approach?
The price needs to have a new breakout from that area and retest the previous resistance as new support. According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
LTCUSDT is creating equal lowsThe price is creating a big Falling wedge on the daily timeframe and now the market is creating equal lows on the 4h timeframe.
at 55$ the price has a demand zone where the market could grab new liquidity for the reverse trade.
How to approach it?
If the price is going to have a breakdown from the 4h support and grab new liquidity, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
bearish temporarily,bullish forever Continuation of my btc' daily chart on monthly. As you can see the importance of btc grabbing liquidity at lower levels. BTC made a bearish double top and gave a perfect retest. retest might go to 52k but thats just a hopium if the current economic conditions are taken in place. btc looses 25600 on daily level annd its going to 19.4 .
NEARUSDT needs to get new liquidity for the reversal
The price lost the monthly support on 7.3$ and the daily support as well on 6.2$.
Now the price is going to create equal lows on the 4h timeframe on 5.6$ above the demand zone on 5.6$
How to approach it?
IF the price is going to have a breakdown from the 4h support and grab new liquidity, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
FILUSDT is testing the supportThe price is creating equal lows of 7.4$.
The market created a demand zone on 6.8$ where price needs to grab new liquidity.
How to approach it?
IF the price is going to get new liquidity, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Short if supply holds GBPJPY - If supply holds i'll be looking to go short, some nice liquidity build up there that will be swiped at some point, if price breaks the highs without a pullback i'll be waiting until the next supply to potentially go short.
Let me know your thought!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
BTCUSDT wants liquidity from 23k
The price is testing the monthly support on the 0.618 Fibonacci level.
The Market has two demand zones.
The first one between 30k and 20k, and the price could grab the new liquidity around the 23k for the reverse trade.
The second one is between 16000$ and 12000$.
How approach on it?
If the price is going to grab the new liquidity from the 23k demand zone, we could see a new pullback after a new breakout of 30k. According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
AUDUSD Short Entry Hi Traders,
Happy Monday.
Hope you all had a great weekend.
Today we are looking at the AUD/USD Chart
The bearish volume on the Daily chart is undeniable.
We have been trending lower for quite some time now and it doesn’t seem to be slowing down at least for the time being.
I am looking for a retrace into the yellow zone.
Once we have this retrace my short position will open with a RR of 1/3
Have a great day.
See you on the next one
The Vortex Trader
IOTAUSDT wants new liquidity?The price is testing the demand zone on the daily timeframe after the price created a falling wedge on it.
On the 4h timeframe the price is creating a double bottom on the key level.
How to approach it?
The price could get new liquidity from the demand zone in order to create a reverse trade. IF the market is going to shift the bias, and if the price is going to have a breakout, tr According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
THETAUSDT is getting liquidity for a pullback?As I told you on my previous Idea, the price got a new bearish impulse until the 1.27 Fibonacci EXT where the price has the monthly support.
The price is trying to have a bounce and breakout from the 4h static resistance and dynamic resistance.
How to approach?
For a pullback scenario the price need to have a breakout from the 2.4$ area and retest the previous resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
XLMUSDT is trying to have a new breakout
The price is creating a descending channel on the daily timeframe after a retest on the monthly support on 0.16$.
on the 4h timeframe the price grabs new liquidity from the 4h support and now it's trying again to have a new breakout from the daily resistance.
How to approach?
IF the price is going to have a breakout from the daily resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐1
EURNZD... LIQUIDITY SWEEP OPPORTUNITYHello traders,
The EURNZD pair has decided to take a breather and has setup liquidity traps for traders who are not detailed enough. I decided not to mark the liquidity trap but I urge you to look for it and trust me, you will find it. It's quite easy to see.
So what do we do? we put our entry below the liquidity trap. When the market makers go to sweep this liquidity, it will trigger the limit order set.
Let me know in the comments if you agree with this view.
BR
David
USDJPY Liquidity grab and correctionUSDJPY traded up to a previous high before taking out stops and retracing down. This is a small trade and have set a tight stop loss just because the yen pairs have been volatile recently. There's a possibility for this yen pair to over correct, but my current trade is set up to catch the pips on the very first correction to the downsize to minimize risk.
EURCAD ReversalEURCAD is approaching a major reversal. We've seen price action take a dive into a liquidity grab and continues to trade lower. I believe this is an attempt to dip into the reversal zone which has been a major sign of an up move. However if price doesn't immediately retract upwards, we could begin to expect it to fall through and take shorts. We can play both sides of the market but I am mainly looking for buys into this zone.
CALM SELLUJ created a relative equal high after a break and retest of a H4 rising channel support. There was a target area for a liquidity grab above the relative equal high where price was expected to push to before dropping again. After that area was hit, a 50% fibonacci retracement was created on the M30 timeframe. The profit projection area from this 50% fibonacci retracement lines up with a H1 indecision level which is TP1. TP2 is H4 lower low which is also just above the D1 timeframe support. Feel free to comment and let me know what you think.
Please like and follow for future analysis'.
BTC Daily, 33k Is The First Target!Hey everyone,
Here we can see BTC invalidate out Daily Bullish OB, and we came down nearly retesting the low, hitting 36323.
Currently we still hold market Structure, but unless we see some sort of aggressive bounce I am confident we will test 33k, to fill out the imbalance form the last move up.
That would bring us near the Daily OB at 32.9k and we will likely test that OB while we are down there.
If the MMs want to take out the liquidity sitting below that bullish Daily OB we will likely see a wick down to 28.5-29k.
Yes I really think that is on the cards as of now.
As I said earlier if we go that low I will start to seriously accumulate more BTC.
Hope you enjoyed this update, I'm healthy again so will be updating daily on the market.
NOT FINANCIAL ADVICE, this is purely educational and my opinion. DYOR when trading and never buy or sell based of my technical analysis alone.
Take care guys. See you tomorrow!