Gold 09-12-2023Bearish Out Look Now
Start of Wave 1 Dwn
Pull Back Then More Downside
See Reaction To Sell Points
Bullish Outlook
Correction Complete On Daily TF
1 More Wave Up For Another A.T.H
Liquiditypool
BNB: Identifying Sniper Entry Points 🎯Unlocking the art of sniper entries in the crypto market involves the strategic identification of substantial liquidity clusters on one side, serving as potential catalysts for trend reversals. Let's explore this concept using a recent example from Binance Coin (BNB) to understand the power of precision entries. 🎯📊
Sniper Entries Decoded:
Definition: Sniper entries refer to pinpointing optimal entry points in the market, often by identifying significant concentrations of liquidity on one side of the order book.
Case Study - BNB Snapshot:
Scenario: BNB exhibited a range-bound movement, and a crucial moment unfolded as liquidity dynamics shifted.
Key Observations:
Liquidity Accumulation: A considerable accumulation of liquidity on one side (e.g., sell-side liquidity) can act as a precursor to a trend reversal.
Range Breakdown: The removal of the range high (upper boundary) and subsequent testing of the imbalance level signaled a shift in market dynamics.
Key Takeaways:
Identifying Liquidity Clusters:
Look for instances where liquidity is noticeably concentrated on either the buy or sell side.
Significant liquidity clusters can act as potential turning points in the market.
Range Dynamics:
Pay attention to price movements around key range levels.
Breakdowns and subsequent tests of range boundaries can provide valuable insights into market sentiment.
Implementing Sniper Entry Strategy:
Wait for Confirmation: Exercise patience and wait for confirmation, such as a range breakdown or imbalance testing, before considering entry.
Precision Timing: Optimal entries often occur just above/below key range levels, maximizing the potential for favorable price movements.
Conclusion:
Mastering sniper entries involves a keen understanding of liquidity dynamics and recognizing when significant concentrations may trigger trend reversals. The BNB example showcases how identifying liquidity accumulation and strategic entry points can enhance your trading precision.
Wishing you sniper-like accuracy in your entries!
Happy trading,
🌐
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Possible ES longs after Area of Interest Reached
daily- price trade into a BISI creating a swing low possible DOL is at high
4hr-4hr sell side taken in Asian low after going into daily bisi, followed by a break creating a bullish ob
1hr- 1hr BISI There are two areas I'm interested in possible longs, I am favoring the lower 1hr bisi because it takes out the Asian session low, of course, I will need to see a lower time frame market shift once areas are hit
two things that move price is running to liquidity, or re-balancing and re-pricing to an old inefficiency apart from that its manual intervention
Hint: if your pd array fails and the price goes back and re-test after you re-analyze the market from the TDA approach you can take a potential trade from an inverse perspective.
INJ : 🎨 Art of Liquidity ManipulationEver wondered how some assets, like Injective Protocol (INJ), seem to move with precision, exploiting both bulls and bears? It's not just about market sentiment; it's about the strategic use of liquidity. Let's unravel the art of liquidity manipulation and explore how INJ leverages it to orchestrate its price movements. 📈💧
INJ's Liquidity Utilization:
INJ has mastered the art of leveraging liquidity to dictate its price direction. Liquidity, in the form of stop-loss orders, acts as fuel for significant price movements. The recent breakout from consolidation is a prime example, revealing how INJ strategically accumulates and deploys liquidity.
Gathering Liquidity at Lower Levels:
Before a notable move, INJ often engages in a process of gathering liquidity, especially at lower price levels. This involves triggering stop-loss orders and accumulating buy/sell interest, creating a pool of liquidity that can be used later.
Explosive Moves:
Once the desired amount of liquidity is amassed, INJ has the potential to make explosive moves. Breaking out of consolidation or initiating a strong trend becomes more feasible as the market dynamics shift in its favor.
How Manipulations Work:
Triggering Stop-Loss Orders: INJ often initiates moves to trigger stop-loss orders placed by retail traders. This allows for the collection of liquidity and positions INJ strategically.
Building Momentum: The gathered liquidity serves as the fuel to build momentum in the desired direction. This could be upward for a bullish move or downward for a bearish one.
Precision Timing: INJ's ability to time these movements with precision adds to the effectiveness of the manipulation. This timing is often influenced by market conditions, news, or strategic considerations.
Trading Amid Manipulations:
Awareness: Recognizing patterns of liquidity accumulation can help traders anticipate potential price movements.
Caution with Stop-Loss Orders: Be cautious with placing stop-loss orders at obvious levels, as they might be targeted during liquidity manipulations.
Adaptability: Stay adaptable in your trading strategy, as the market dynamics influenced by liquidity can change rapidly.
Conclusion:
INJ's utilization of liquidity manipulation is a fascinating aspect of crypto trading. As you navigate the markets, understanding these dynamics can provide valuable insights into potential price movements.
May your trades be astute, and your strategies resilient in the face of market manipulations.
Happy trading,
🌐
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The August 2023 Deja Vu? Fractals🔄🔄🔄 The crypto market often takes us on a rollercoaster ride, and it's during moments of similarity that we can draw valuable lessons. The current situation in the crypto space is strikingly reminiscent of August 2023 when Bitcoin (BTC) traded within a range but only made local highs without attempting to revisit the lows. This eventually led to a local dump. Today's chart seems to echo the past, and it's essential to be prepared for various scenarios – both upward and downward. Let's delve into the similarities and potential outcomes. 📈📉
The 2023 Recap:
In August 2023, Bitcoin found itself in a range-bound situation. It repeatedly marked local highs but showed reluctance to retest the lows. This pattern created a sense of complacency that the price would only continue to rise.
The Present Resemblance:
Fast forward to the present, and the chart appears eerily similar to that of August 2023. Bitcoin is once again caught within a range, and it's been marking local highs without revisiting the lows. This scenario is fueling both bullish and bearish sentiments.
The Dual Scenarios:
As history has taught us, it's essential to be prepared for both scenarios. In this situation, there are two possibilities:
Upward Movement: The price could eventually break out of this range and embark on an upward journey. Local highs might turn into strong support, leading to a bullish rally.
Downward Correction: Conversely, a failure to revisit the range's lows could lead to a local dump, where the price corrects to more attractive levels.
Trading Strategy:
Vigilance: Keep a watchful eye on Bitcoin's price action and how it interacts with the range boundaries.
Risk Management: Implement strong risk management practices, especially given the market's volatility.
Stay Informed: Be aware of the fundamentals and any news that could impact Bitcoin's price.
Conclusion:
The crypto market is a realm of repeating patterns and unexpected twists. As you navigate the current situation, remember the lessons from the past and prepare for both bullish and bearish scenarios.
The key to successful crypto trading lies in vigilance and adaptability. Stay informed, trade wisely, and may your strategies lead to success.
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Liquidity - How to easily spot it!Here's how you can easily use liquidity to create wealth 🤑
Knowing how to identify liquidity is an important aspect of trading that shouldn't be overlooked, BUT contrary to popular belief, it's not the greatest thing since sliced bread...
It does have its significance and it's place, but understanding WHY "liquidity" is formed is more important than the WHERE ...
Once you know why, you can slay hard every single day!
Follow me for more educational posts and market analysis:)
Anyway, that's all for now,
Hope this post helps and as usual...
Happy Hunting Predators
🦁🐯🦈
#DXY more bullish outlookHello, everyone. I hope you're all having a great week.
Let's analyze the DXY chart and try to make some predictions for the upcoming week.
Last week, the price was rejected from the important low indicated on the chart and also established a new 4-hour high, as evident in the chart. Consequently, the market structure in the 4-hour time frame is now in alignment with the higher time frame, daily market structure, and they both exhibit a bullish trend.
Given this scenario, our primary interest lies in taking long positions in high-probability trading zones. These zones could be around the short-term low marked with an arrow or during a pullback to the broken short-term bearish trendline.
In the meantime, as we await the price to reach these levels, we will closely monitor the market. Once the price approaches these areas, we will be looking for confirmation signals before considering our trades.
FANTOM BULLISH SETUP🚀🚀🚀The Liquidity Abyss:
At the lower price levels, FANTOM (FTM) presents a peculiar scenario: a deep well of liquidity that seems resistant to being outmatched. This situation can be seen as the result of strategic market dynamics and could pave the way for a promising uptrend. 🌊🚀
Imbalance as a Catalyst:
The key to unlocking the bullish potential lies in mastering the weekly imbalance at the $0.5 level. An imbalance refers to a situation where a significant excess of either buy or sell orders accumulates at a specific price point. Breaking through this imbalance can trigger substantial price movements. 📊🌕
Trading Strategy:
Monitor Weekly Imbalance: Keep a close eye on the weekly imbalance at the $0.5 level. A successful conquest can be a defining moment for FANTOM's price.
Risk Management: Implement solid risk management strategies to protect your investments in the event of unexpected price movements.
Fundamental Awareness: Stay updated on FANTOM's fundamentals and market news that may influence its trajectory.
Conclusion:
FANTOM's journey reflects the intricate dance of liquidity and imbalances in the cryptocurrency market. The promise of a bullish surge, driven by a well-timed strategic move, is an enticing prospect.
Remember, the crypto market is rife with complexities, and the potential for manipulation always exists. But, with a keen eye, a well-thought-out strategy, and a cautious approach, you can navigate these waters effectively.
The liquidity abyss might just be the starting point for a remarkable journey ahead.
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Weekly Outlook - SPX 10-22-23 Weekly Chart:
We gapped up last week only to trade near last week's high and into the W-FVG(MT). Price failed to continue the move up. We are down for the month and this week's candle has opened inside of last week's candle. Staying bearish for now with last week's low at risk PWL and 10/2-10/6 PWL as well. Getting a bullish short term move into the last up close candle would be where I'm looking for setup unless we go after the PWL first.
Weekly Chart:
Daily Chart:
Opened to the upside is likely my short term bias and I'm okay with seeing prince move into the D-FVG above Friday's PDH. However, just given the proximity oof Friday/PWL (previous week low) this is the first place at risk to be taken out. 10/4 is holding the next PWL target if Friday's PWL is taken out.
Daily Chart:
4H Chart:
As we push up short term, I'll be looking to see how price pushing and if we reach into this 4H-OB during the over night sessions. That will be my first POI to determine how we setup Monday morning. We don't have a swing low from the weekly to the 4H so far so this still plays into this pushing to the downside a bit more.
4H Chart:
1H Chart:
Short term focus will be how we move, if we move into this 1H-FVG, take out the +LP above Friday's closing session high, or if we move immediately after the PWL. Overall I'll be paying attention to the short term move but looking to see if I can get into a HTF setup.
1H Chart:
Trading sessions liquidity huntLiquidity serves as the driving force behind all markets. The fundamental driver of any price shift involves the creation and aggregation of liquidity, with the objective of accumulating or distributing positions among market participants.
Accumulating positions necessitates counter liquidity to fulfill orders and initiate positions in the desired volume. Liquidity is therefore established within specific price ranges, with the intention of later manipulating it toward the accumulation of counter liquidity, ultimately achieving the goals of order fulfillment.
The bulk of liquidity, including stop orders and liquidations, tends to congregate around technical and psychological support/resistance levels, which can be observed retrospectively through the analysis of clusters and volume profiles.
Engaging in trading based on a one-time reaction, characterized by a substantial cluster forming during the breach of a particular price level, can lead to premature entry and potential losses, driven by inaccurate expectations of either a price breakthrough or deviation from calculated reference points
- An approach that leans towards caution, involving the selection of a trading setup once liquidity has been obtained from the previous trading session's highs/lows within the prevailing trend. This process is carried out while ensuring alignment between higher and lower timeframes.
- The primary objective is capital preservation, which is accomplished by minimizing risk to the range of 0.5-1% per trade and adjusting open positions to the break-even point after confirming the trend's structure.
- The strategy opts for an entry technique that boasts a high mathematical expectation of success.
- Fresh positions are initiated exclusively during periods of elevated market volatility, particularly during the optimal trade time (OTT) sessions in London and New York.
The focus is directed towards trading setups featuring risk:reward ratios ranging from 1:3 to 1:10.
Given the dynamics of market participants accumulating and distributing their positions during trading sessions, it's reasonable to assert that liquidity forms outside the fluctuations of these sessions. This liquidity is typified by stop orders and position liquidation within the scope of a micro-trend.
Consequently, it can be inferred that the commencement of the subsequent session will involve manipulation. The aim of this manipulation is to interact with such liquidity to amass positions in the opposite direction. Coupled with heightened volatility during the session's commencement, this provides opportunities to initiate positions before the impending price movement.
The primary criterion for entering a position will be the disruption of the existing structure following the capture of liquidity. Additional factors might encompass corrective momentum, liquidity in the opposing direction acting as an attraction for distributing accumulated positions during manipulation, and the formation of trading ranges with deviations, among others.
Entry into a position occurs on a lower time frame, emanating from an untested supply/demand zone. An additional aspect to consider is the presence of local liquidity before reaching the entry point.
#GBPJPY Selling opportunityHello, traders and friends. I hope you are all doing well.
Let's delve into GBPJPY and explore why we believe there may be a potential selling opportunity.
As you can observe, the price has been in a bearish channel for the past few weeks, consistently reacting near the upper boundary.
This pattern suggests the possibility of a repetition, offering another favorable selling opportunity.
Apart from the bearish channel's upper boundary, we have additional factors supporting a bearish scenario. These include a supply area and a liquidity pool located just above the horizontal arrow line. Price could potentially move into this area, clear out liquidity, and then trend lower.
For us to consider taking this position, we would need to see a fake breakout above the arrow line, followed by a failure of the price to close above it.
If you have found this analysis helpful, please take a moment to leave a like and a comment.
ETC grow After Liquidity Sweeps 📈💡Ethereum Classic (ETC) has been quietly making waves, with a remarkable ascent that follows liquidity sweeps of essential support levels. Similar to Solana (SOL), it's primed for what might be another liquidity sweep around critical levels, potentially sparking a new phase of growth. This phenomenon underscores the pivotal role of liquidity in driving price movements. 📈💡
Liquidity Sweeps: Powering Price Action
Liquidity sweeps are market dynamics in action. They involve brief, intentional price surges that clear out buy or sell orders clustered around specific price levels. These sweeps often precede significant price surges, highlighting the profound influence of liquidity as the driving force behind price action. 🚀💰
What Lies Ahead: The Next Move
For ETC, the anticipation of another liquidity sweep, possibly around a pivotal level, could be a game-changer. This event may set the stage for another upswing as orders are cleared out. However, the cryptocurrency market is inherently dynamic and occasionally unpredictable. Staying vigilant and adjusting your trading strategy is essential. 📊🔍
Trading Strategy:
Exercise Patience and Caution: If you're considering a position, it's wise to wait for the liquidity sweep event to materialize and look for corresponding price action confirmation.
Implement Risk Management: Mitigate risk using essential tools like stop-loss orders, which help protect your investments.
Stay Informed Fundamentally: Keep yourself well-informed about Ethereum Classic's fundamentals and any news that could impact its price.
Conclusion:
In the cryptocurrency realm, liquidity plays a paramount role in shaping price movements. Liquidity sweeps, much like with SOL, can be pivotal moments in catalyzing growth. Yet, it's crucial to remember that they are not infallible.
As a crypto trader or investor, it's essential to exercise caution, stay informed, and adapt your strategy to the ever-evolving market conditions. While liquidity provides the fuel, it's your strategy that guides the ship.
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EUR USD NowCurrently, our focus is on the volume profile's left side, where a single print and volume imbalance are evident. We're maintaining our position behind the daily fractal to avoid altering the market structure. It's our belief that market makers might be targeting the high liquidity zone around 1.0672, but this is just a theory. Furthermore, we find ourselves in a consolidation phase below resistance. This pattern is typically quite bullish. There's no need to rush; we should patiently wait for signs of structural weaknesses on the 4-hour and 1-hour charts before deciding on our next moves.
PS. Indeed, we should exercise patience, especially since there's fundamental noise on the horizon in the coming days.
Draw the MASTER PATTERN CONCEPTS by handHOW TO MANUALLY DRAW THE MASTER PATTERN CONCEPTS
# STEP 1 - Identify the Contraction Phase
The contraction phase consists of a tightening of price where there is a simultaneous lower high and higher low, this is where the supply and demand equalize in the market. This is a leading indication that volatility is coming next.
You want to look for places where you find contraction/constriction of price, where it clearly looks like its moving into a defined consolidation zone.
STEP 2 - Identify the Expansion Phase
The expansion phase is the 2nd phase in the market, its known as the manipulation phase. It reveals incoming volatility entering into the market, this is where most retailers lose their money.
This phase can be defined as price breaking out of the contraction box, and whip sawing around the value line. This is the accumulation phase where the market makers accumulate their inventory from weaker hand holders.
Price usually whipsaws around the value line 4-7 times before the 3rd phase in the market starts, which is the trend phase.
STEP 3 - Identify Liquidity Lines
Liquidity lines are where the retailers place their stop losses, it is an excellent places to enter and exit the market.
These can be defined as HH or LL points on the chart where there are swing high and swing low points. By anticipating where these stop loss levels are located you can be aware where there are pools of resting liquidity. These are excellent places to enter or exit the market.
Understanding Contraction / Expansion and Liquidity are key price action concepts that help you understand trading from an institutional level and give you a deeper insight into the intentions of the market.
Weekly Bias for SPX - 10/1/2023Weekly Chart: Traded into last week's bearish engulfing candle and then took out its low.
Traded into a +POI (W+FVG), wicked near MT at 4236.6
Weekly Idea: Because we are bearish but entered into this +POI, with may get a bounce but would look to see if the PWL is taken out for a continuation lower. For now, I'm 505/50 on this mainly because of the W+FVG. A bullish scenario would need to be revisited
Daily Chart: Price took out the PWL and set a low on the Daily in the W+FVG, however, price bounced from the area without making a new high. This is logic to stay on the downside for now. Another thing to note, Friday's close is at the mid point of the weekly range, Weekly high 4347.4, Weekly Low 4243.2, and Weekly mid point 4295.3, finally Weekly close/ Friday closing price 4295.3.
Daily idea: Because of the close and the price failing to make a new high this give reasoning to at least look for the price to take out the PDL and -LP ( $ trend line liquidity) with best case scenario, price taking out the PWL. A bullish scenario would need to be revisited
4H Chart/Idea: We have a 4H-OB and 4H-FVG, one the LTF, do we have price return to mitigate this area? The +breaker is hold price up for now and this will be the first thing that I look at for a response of what price decides to do. The low was made in a +POI, a +OB but will it hold?
Buyers need this liquidity. Multi-TF confluence short tradeEUR/CHF – 9.27
We are at the top of our HTF Supply zone where we are just breaking through the strong resistance at the top of a HTF symmetrical triangle. I’m not convinced of this breakout and am expecting this to be a liquidity pull above former structure. I see an opportunity here to short the liquidity grab and ride price back down into the triangle and toward required liquidity.
Why I think it’s going down short term:
1. We just created a major CHoCH on the daily and have yet to mitigate the major demand and liquidity zone that it created below
2. That same demand zone is sitting at a HTF support level so it is the ultimate liquidity source for bulls
3. We also just broke out of and retested a MTF ascending wedge which typically indicates a reversal in trend
4. Rejected at major resistance above - lacking liquidity to push higher
Good R:R trade opportunity considering we are at the top of potential reversal – LTF just made a CHoCH and we are awaiting a LTF Supply zone mitigation to enter our trade.
There is also a bigger R:R opportunity for our TP2 which is the bottom of the triangle and another strong HTF support level.
For this trade , we are awaiting a post-CHoCH reversal confirmation with a supply zone mitigation and LTF (5/1min) BOS
Stop loss is above our MTF (2HR) supply zone
TP1 at retest of upper triangle & HTF support level = 2.2 R:R
TP2 at retest of lower triangle support = 4.9 R:R
#USDCAD another selling opportunityIf you remember we already took one successful short trade from the previous red arrow and although we were expecting price to move further down and create new low for higher timeframe this didn't happen.
As a result price went up and giving us another selling opportunity.
As you can see in the picture price is at important static resistance area and just below 4H and 1H EMA which both acting as resistance.
But the thing that we should be consider before taking position from the area that price currently is sitting on is the possibility that if price wants to come and take liquidity from the local top that formed earlier and since there is a lot of stop losses could be a good target for price to reach and take out liquidity.
So if you want to take position from this area keep in mind the possibility of price moving higher to take out loquidity.
How to trade Liquidity Sweeps 🌊 Trading liquidity sweeps 🌊 and identifying fake liquidity grabs 🕵️♂️ can be valuable skills for traders. These strategies involve capitalizing on market inefficiencies and understanding how institutional traders and algorithms influence price movements. In this guide, we'll explore what liquidity sweeps and fake liquidity grabs are and how to trade them effectively.
Understanding Liquidity Sweeps:
A liquidity sweep occurs when a trader executes a large market order that "sweeps" through the order book, clearing out available liquidity at various price levels. These sweeps often signal strong buying or selling interest, potentially leading to significant price moves.
Identifying Fake Liquidity Grabs:
Fake liquidity grabs 🎭 are market manipulation techniques used to deceive traders. Market makers or large players might place large orders on the order book to give the illusion of significant interest at a specific price level. However, they often cancel these orders before they get executed, leading to sudden reversals in price.
Trading Liquidity Sweeps:
Monitor Order Flow: Keep an eye on order flow and trade volume to identify sudden surges in trading activity. Liquidity sweeps are often accompanied by spikes in volume.
Identify Key Levels: Look for important support or resistance levels where liquidity sweeps are likely to occur. These levels can be based on technical analysis, such as previous highs or lows.
Entry and Stop-loss: Enter a trade when you spot a liquidity sweep that confirms your bias. Set stop-loss orders to manage risk in case the market moves against you.
Take Profits: Take profits when the market reacts as expected, but be prepared for quick price reversals. Liquidity sweeps can be followed by retracements.
Trading Fake Liquidity Grabs:
Be Cautious: Approach price moves driven by apparent liquidity grabs with caution. These moves can be short-lived.
Confirm Price Action: Wait for confirmation of the direction after the fake liquidity grab. Look for signs that real market sentiment is driving the price.
Risk Management: Place stop-loss orders to protect your capital in case the market reverses quickly. Avoid chasing the initial price move.
Use Additional Indicators: Combine your analysis with other technical indicators or market sentiment tools to increase your confidence in your trading decisions.
Conclusion:
Trading liquidity sweeps and fake liquidity grabs can offer opportunities for profit, but they also come with risks. It's essential to have a clear strategy, strict risk management rules, and the ability to adapt to rapidly changing market conditions. As with any trading strategy, practice and experience will help refine your skills in identifying and capitalizing on these market dynamics. 🚀📈🌊
#USDCAD potential bullish moveStandard bullish divergence between price and MACD indicator showing potential bullishness in the price, coinciding this divergence with price forming bullish hammer candlestick formation and also getting rejected from 4H timeframe Low, giving higher probability to this long opportunity setup.
IPDA Ranges to Cast Future Price Movement for ES Familiarizing ourselves more on IPDA Ranges to help form daily bias and to work on high time frame analysis. The first idea we ever published was actually a very similar thought but now that we have a better understanding of how to use IPDA ranges we wanted to post what we hope to be a more accurate version of what is to occur in CME_MINI:ES1! price action.
We are trading down off of a weekly order block that was traded into on July 18th; we have taken out the July 10th low of 4660.25 and we have failed to make a higher swing above 4683.50. It seems like the market has shifted to bearish conditions for the intermediate term. Using the look back and cast forward train of thinking, we have been trading higher for the 60 trading days prior to August 1st which is just 3 trading days after making our current intermediate high; meaning our cast forward should have plenty of sell side liquidity to draw to in order to clear out stops below our 20-40-60 day ranges.
It just so happens that we have a +Breaker Block that contains a Fair Value Gap/Liquidity Void inside of it. This gives us a lot of confidence in our bearish outlook as the 60 day low is quite literally is the top of our Liquidity Void and also falls into a zone for Optimal Trade Entry (OTE).
The only major bounce we should see is off of the March 13th Premium/Discount range as the Equilibrium for that range falls right in a Liquidity Void. The only thing that will push us through that with ease is some red folder news. Should be a piece of cake..
We are proud to put ourselves out there with ideas. It forces us to use logic and apply concepts and ideals that we have learned. Any questions or comments leave them below!
CME_MINI:ES1! EIGHTCAP:SPX500 CBOE:SPX TVC:SPX BLACKBULL:SPX500 SKILLING:SPX500
US30 - NFP day - Welcome to September Hola !
Happy Friday traders - Mid Cycle of the 3rd quarter for 2023
As mentioned in my previous post, US30 gave us bullish momentum throughout the week and during NY session we seen the bears take over completely. Am i the only one seeing all the sellside liquidity getting built ?
Im in two minds with it being NFP today - shit is going to be wild.
Thinking the 35007 area is hotzone(Jul to Aug Flipzone to create bearish momentum). If we get a clear MSB and retest i will go long. If the bearish flipzones are respected. We may attack last months lows before the bull rush takes over.
I tend to stay away from major news events like this. Market can be really volatile and sweep both sides before moving in the intended direction
Best of Luck - Follow your rules !
Liquidity: Boosting Bitcoin's Growth Potential 📊💥🚀 Let's delve into the world of liquidity and its impact on Bitcoin's price movement. We'll explore how a significant surge in liquidity from the bottom of the chart can potentially trigger a bullish momentum. Let's get started!
🕳️ Liquidity Pools: Imagine liquidity as the fuel that drives price action. Liquidity pools are areas where traders place their buy and sell orders. These zones are vital because they influence market dynamics.
💥 Liquidity Pool Breakouts: When Bitcoin's price approaches a liquidity pool at the bottom of the chart, it gathers momentum like a spring about to bounce. A breakout from this pool can initiate a chain reaction of buying, pushing the price upward.
📊 Market Impact: Liquidity pool breakouts attract traders and algorithms seeking opportunities. The influx of trading activity can lead to rapid price movements, creating potential profit opportunities.
💡 Spotting Opportunities: The excitement around liquidity pool breakouts stems from the potential for significant price surges. Observant traders who identify these setups might position themselves to capitalize on the momentum.
🚀 Navigating Growth: Recognizing liquidity zones and their potential breakouts can give you a strategic advantage. As liquidity moves across different zones, you can ride the wave of potential growth.
So, what's the key takeaway here? 📊 Understanding liquidity zones can provide insights into possible price movements. Keep an eye on breakout moments, as they can present opportunities to ride the upward trend.
Stay curious, stay attentive, and remember – just as liquidity flows impact Bitcoin's journey, staying informed can guide your investment decisions in the crypto world! 🚀💰
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