Market-structure
[EDU-Bite Sized Mini Series]Understanding Forex Market StructureHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Let's begin with our topic today!
The forex market, being decentralized and over-the-counter (OTC), operates differently from traditional centralized exchanges. To navigate it effectively, traders need to comprehend its unique structure.
Market structure refers to the arrangement of price action within a given market, encompassing key elements such as trends, support and resistance levels, and price behavior.
1. Trends:
Trends are one of the fundamental aspects of market structure. They depict the overall direction of price movement over time. Traders often classify trends as bullish (upward), bearish (downward), or ranging (sideways). Understanding the prevailing trend helps traders align their strategies accordingly.
2. Support and Resistance Levels:
Support and resistance levels (or known as supply and demand levels/zones) are areas where price tends to stall, reverse, or exhibit significant buying or selling pressures. These levels/areas form the building blocks of market structure and are crucial for identifying potential entry and exit points. Support represents levels where buying interest outweighs selling pressure, preventing prices from falling further. Conversely, resistance denotes areas where selling pressure surpasses buying interest, hindering further upward movement. If you have cluster of candle's tail in a area/levels, likely it would be supply/demand liquidity pocket
3. Price Behavior:
Price behavior within market structure provides valuable insights into market sentiment and participant dynamics. Patterns such as higher highs and higher lows in an uptrend, or lower highs and lower lows in a downtrend, signify the strength or weakness of a trend. Additionally, the manner in which price interacts with support and resistance levels can indicate potential reversals or continuations.
4. Market Phases:
Understanding different phases of the market, such as accumulation, markup, distribution, and markdown, aids in deciphering market structure. Each phase reflects the behavior of market participants and their collective impact on price action. Recognizing these phases enables traders to anticipate potential shifts in market direction and adjust their strategies accordingly.
Conclusion:
In summary, comprehending forex market structure is essential for effective trading. By analyzing trends, identifying key support and resistance levels, observing price behavior, and recognizing market phases, traders can make informed decisions and navigate the forex market with confidence.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
BTC - Market Structure 101 📚 Keeping It SimpleHello TradingView Family / Fellow Traders,
📊 I find the BTC H1 chart interesting as it has been respecting the market structure cleanly inside the rising channel recently.
📈 As the price approaches the lower bound of the channel, the bulls are taking control for an impulse after breaking above the last high in blue and the 21 EMA.
📉 Conversely , as the price nears the upper bound of the channel, the bears take charge for a correction after breaking below the last low in green and the 21 EMA.
Today, BTC rejected the upper bound and broke below the green low and 21 EMA, signaling that the bears are currently in control.
📉 The bears are expected to maintain control, and we anticipate a movement towards the lower bound of the channel.
📈 However , a shift in momentum could occur if the bulls regain control by breaking above the red channel and reaching 38,100. In such a scenario, we would anticipate a bullish continuation towards the upper bound of the rising channel.
What are your thoughts? Do you believe BTC will continue to adhere to this simple market structure?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
ETH - One More CheckPoint 📍Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per our last analysis (attached on the chart), ETH rejected the 1550.0 support and traded higher.
Currently, ETH is sitting around a strong supply marked in orange.
📈 For the bulls to remain in control, we need a break above 1885.0
📉 Meanwhile, if the gray zone 1738.0 is broken downward, expect the bearish impulse to start.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Harmonic + OB + IMB + OTE: Failed1. I used the Previous OTE ZONE as my entry area when it has already been tapped a few times...
2. I did not plot a fib ret on the latest swing low/high for some reason despite there being a ChoCh present.
One thing to note about this though, is that the FIBRET is Reversed. Seeing the non-reversed version meant there was no OB + OTE confluence anywhere.
Maybe that's why I didn't bother with it.
Here's the thing though.. and what is probably a crucial information that I wouldn't have learned if I didn't lose this trade:
Putting fibret on reverse, meant it confluenced with the FVG.
So what I've learned:
1. OTE + FVG MIGHT JUST BE AS VIABLE AS OTE + OB.
2.Try out both reversed and non-reversed versions of fib ret. There might be a confluence you are not seeing.
ALSO, VERY IMPORTANT NOTE:
If price left your entry point, and reached target take profit (liquidity, fvg, s/r levels, etc) first...
Close the trade.
Reaching the target take profit means the market maker move is done.
It means the intention has been fulfilled, and it's time to make a new price action setup.
So the next time it reaches your target entry point, the price has a higher chance of not bouncing, because price is already moving with different intent.
CANCEL COMPLETED TRADES.
SAVE YOUR CAPITAL.
DON'T GIVE IT UP EASILY.
BTC Long-Term Outlook/Analysis + Life GoalsI've charted this since last year, maybe since May, idk.
It shows two possible directions depending on what structure breaks.
Well, it broke Market Structure towards the upside, and has been following the price path that I laid out almost to a T/tee/tea(whatever).
So yeah. It just might follow it, or it might not and just straight up dumps on the higher timeframe, but that's unlikely?
Like, what could cause a worldwide massive sell off that would plummet the BTC price?
Well, of course, if the people and organizations that hold the massive BTC wallets would just randomly sell off their holdings. That would crash BTC.
But why would they do that?
So, in the end, my point is, if you think about it...
The dollar and current worldwide economy is crashing... so where do they turn to?
Bitcoin.
Not gold, not USD, but Bitcoin.
I think gold is also a "stablecoin", something you can rely on to hold value.
I think, going forward, I would like to keep accumulating bitcoin and gold, when I have the money to accumulate.
My goal in my financial life would be, to keep accumulating cash daily(through business, work, and trading), and keep DCA'ing into Bitcoin and Gold regardless of the market.
Market Structure + Orderblock + Fibonacci Retracement = FailedMarket Structure + Orderblock + Fibonacci Retracement = Failed
Here's why:
Trendlines, S/R Levels, Chart & Candlestick Patterns are still relevant.
Trade could have worked. It passed all the other criteria (market structure downtrend + bearish fib ret ote zone + bearish ob).
It was just a right trade at the wrong level.
P2P | DXY - Long Term AnalysisGreetings to all who can decode this message lol thank you for tapping in with the content!
This look into #DXY has not changed much from my last few videos, just some minor tweaks. I explain a few things on why I am #bullish on the #dollar and how I plan to #trade opposing pairs like Euro/USD or NASDAQ100.
So yeah gang, not too much to get descriptive over because everything is explained in the video. Enjoy the rest of your week, trade well, and keep crushing it for 2023!
BTC Market Structure Changing - What to watch for
Understanding price action and market structure is one of the most valuable concepts in terms of keeping your head straight in this market. Bitcoin recently printing a couple signs of changing market structure and I wanted to share because sometimes this stuff is almost too simple that people overlook it.
The chart above is showing that after the enormous BTC drop in November, we started to print some higher highs and higher lows. In other terms, the 4hr chart was showing a bullish uptrend. This uptrend is shown by the orange line on the chart. All of this is great and wonderful, but this is where things start to change.
About a week ago, BTC price action pushed through this uptrend and closed a strong bearish candle. This was our first sign that something in the structure/trend is changing. This is an important thing, so I'll repeat it; The price action breaking through the orange trend line DOES NOT mean the market is reversing but it's a great warning sign that it's time to pay attention and be cautious with trades. This price action continued to drop far enough that we have already printed a lower low, which is also marked on the chart. And yet again, this does not mean that the market is reversed and going down, but that it's time to pay close attention to the price action coming up.
So the question is what's next? That is impossible to predict perfectly, but I'd like to share what is incredibly possible using similar market structure and ideas:
If the market structure is actually changing like the warning signs have been saying, then it's fair to expect a lower high to be printed as the market moves in waves. The question is simply where to expect a lower high. It can occur anywhere, but what I have marked on the chart is what I would consider to be a highly likely area for a lower high. This would be retesting a level of strong resistance for BTC. This also overlaps nicely with the Fibonacci golden pocket retracement that BTC loves to follow. That's really all there is to it, just support and a couple Fibonacci levels. This may change as more data comes in the next couple weeks but this is on my radar right now.
Happy trading! And keep an eye out for a lower high in the near future!
Slight word of caution: Volume will likely be very low in the coming 2 weeks due to holidays so don't get caught up too much in the noisy data and price action that occurs between now and the new year
2 Simple modules to pass FTMO ChallengeThese are the two types of entry modules that can be used across any market to take low risk high rewards trade. Pay close attention to annotations made. First High / Low acts as a trap for early sellers or buyers as this point is used to create liquidity for the market makers. Market makers sweeps this liquidity and mitigates extreme POI like orderblocks etc. and thus finally the banks load their short orders/long orders to break the structure.
TRUE STRUCTURE MAPPING AVAILABLE ON OUR YT CHANNEL. DO WATCH THAT VIDEO TO KNOW HOW REALLY MARKET STRUCTURE IS REALLY MAPPED AND DON'T FORGET TO LIKE AND SUBSCRIBE TO OUR CHANNEL
Happy Trading
-Team Lamda
BTC Possible bounce at fib level then C wave to 23kBTC can now touch the fib levels below and then bounce to the upside, if the fib levels don't hold, then price may again retest our support down at 19k-18k region, which would be a sign of weakness and the trend may continue to the downside, entering the 17k-16k area. Main targets are 15k-14k, but not excluding even further possible downside to around 10k region which has a slightly lower likelyhood.
Potential Right HereHi everyone,
In my last post, I talked about the way BTCUSDT will pull back in an aggressive manner, which it did (link down below).
Right now, we are resting on previous short-term highs which I explained in my last post too that we might be in a potential buy area. However, looking at how price treats this level, I think we might see some new lows after a short-term pullback to the upside.
First, we crossed the 0.618 Fib level, and we almost touched the 0.786 level, which is touched when the trend is weakening.
Second, the price is consolidating at this level which usually means a breakout to the downside.
The only factor that shows a small short-term upward momentum is the structure of the price where it took the liquidity below the last low formed.
In conclusion, I think we might be forming a sort of pattern or consolidation on a higher time frame because, as I said in my last posts, the higher time frame shows some strong bullish factors like the shift in market structure.
Please comment if you have any questions, I will try my best to answer them.
Thank you😊
Market Structure Identification ✅Hello traders!
✅ MARKET STRUCUTURE .
Today we will talk about market structure in the financial markets, market structure is basically the understading where the institutional traders/investors are positioned are they short or long on certain financial asset, it is very important to be positioned your trading opportunities with the trend as the saying says trend is your friend follow the trend when you are taking trades that are alligned with the strucutre you have a better probability of them closing in profit.
✅ Types of Market Structure
Bearish Market Structure - institutions are positioned LONG, look only to enter long/buy trades, we are spotingt the bullish market strucutre if price is making higher highs (hh) and higher lows (hl)
Bullish Market Structure - institutions are positioned SHORT, look only to enter short/sell trades, we are spoting the bearish market strucutre when price is making lower highs (lh) and lower lows (ll)
Range Market Structure - the volumes on short/long trades are equall instiutions dont have a clear direction we are spoting this strucutre if we see price making equal highs and equal lows and is accumulating .
I hope I was clear enough so you can understand this very important trading concept, remember its not in the number its in the quality of the trades and to have a better quality try to allign every trading idea with the actual strucutre
Soooooooo... CONTINUATION?! Or nah...I think everythings gonna keep moving the same way! I mean, AJ might've roc'd me a bit but that 200pip move on gold was saucy! EU did me som justice too. They also BLEW TF UP AGAIN! But, its not about trading all the time, its about trading well often ;)
So with that being said, make it do what it do my trading family!! Happy trading <3
BTCUSD M30 Outlook looking at BTC we have created a double top as well as a lower higher, this coincides with a fibonacci retracement level, so we have entered a sell which is targeting around the 45155.00 Level which is a Demand Zone which I have identified, if you like my analysis, please share it with someone else.