Recently, the market has created equal highs in the 25k area, where there is also a daily supply level. This indicates that there is strong resistance in this area, and that buyers have struggled to push the price higher. However, there is potential for the market to grab new liquidity from the 22-23k area, where there is a 0.786 Fibonacci level. This level is...
This is update # 5 of series to provide an outlook of the trap that took place. We are past the critical area 21,900 - Whales are continuing to grab people on lower time frames. ALERT WHALES ARE IN CONTROL Areas of huge interest are 20,900 and 19,200 Drop a boost if you like the content. I see potential in the start of the next month but short term within...
This is update 3 of my last two posts. Bull traps are liquidity traps for whales, think of it like a shake out of weak hands on both spectrums of the trade. Be safe fellas if you don't have a plan and don't have the maturity this will feel like an emotional roller coaster. Anything I say or write should not be taking into consideration for any means in life. I...
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...
USOIL - Potential Shark forming, we've had a 3H BOS which price has rejected from multiple times, now on the LTF we have our confirmation for entry, HTF Bias is bullish but I'm looking for a quick scalp (Maybe a break in the momentum line to build liquidity before price breaks back to the upside) Let me know your thoughts! ** Disclaimer *** These ideas I never...
EURUSD - Potential Bat forming, I see bullish momentum with liquidity above, I want to see a bullish push (Take out LQ and fill some imbalance before then breaking the lows giving us a re-distribution and for price to then head towards the D point which has a very strong PRZ) Let me know your thoughts! ** Disclaimer *** These ideas I never trade until the...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) This Week Was Liquidity Grabbing Week, Be Careful Guys ... !
Looking for a potential liquidity trap on Pound Yen today on this standout low. This looks nice for a quick shakeout as it's the only low formed since breaking 138.2's so trying to hunt the stops here. Will need confirmation to enter i.e. a break below and close above, showing that traders are trapped in positions. Will target the FTA.
Still looking at a trap for Liquidity on Cable going into this week. There are some nice lows that I'm looking for failure around providing a high probability move to the upside (targeting the FTA - First Trouble Area). Why do I trade these liquidity traps? Reason 1 - Because when price breaks structure, the breakout traders have their pending orders (Sell/Buy...
Liquidity trap at the GBPUSD, first TP: 1.27.