Get started

Marketstructure

CADJPY: Strong Reversal After Liquidity GrabEducational Insight The market surged to the upside, targeting liquidity highs to trigger stop losses. Once liquidity was cleared, price stalled and reversed sharply. By marking key candle highs and lows, we identified swing points to count the market waves. We applied the 2 Data Points Rule to validate the break of support or resistance—this is a crucial concept in confirming true market structure shifts. Additionally, we analysed the wavesofsuccess wave structure, focusing on the Momentum Low and what to anticipate when price reaches this level. 🚀 If this insight adds value to your trading, smash the boost and drop a comment! Blessings.
by Charts247TradingAcademy
2
Market at a Turning Point: Nifty50's Next Big MoveThe chart provided is a daily timeframe analysis of the Nifty50 index, showing key technical levels and possible trade scenarios based on price action. It presents an opportunity for traders to assess potential breakout or breakdown levels and make informed trading decisions. 1. Current Market Scenario (Price Action Analysis) The Nifty 50 index is currently trading at 23092. The index is moving within a descending triangle pattern, forming lower highs while maintaining support at key levels. Price is consolidating in a narrow range, indicating uncertainty and indecisiveness in the market. 2. Key Technical Zones Identified A. Resistance Zone (Red Area) The resistance zone is marked with a downward sloping trendline, highlighting consistent selling pressure. Nifty has faced multiple rejections around this trendline, indicating strong resistance levels. If the index breaks above this level with volume, it could signal the start of a bullish trend. Key Levels: Resistance at 23,600 - 24,000. A breakout above 24,000 could lead to a rally towards 25,200-25,600 levels. B. Support Zone (Green Area) The support zone represents a crucial price area where buying interest has historically emerged. This zone is critical for maintaining the current trend; breaking below could lead to a bearish continuation. If the index holds this level, it could provide a strong base for an upward move. Key Levels: Support at 22,800 - 23,000. A breakdown below 22,800 may trigger a decline towards 21,500-21,000 levels. C. Monthly Timeframe Support Zone (Thicker Green Line) A long-term support level derived from a higher timeframe (monthly chart). This level is significant, acting as a major inflection point for long-term investors. A breakdown below this zone may signal a shift in long-term sentiment. Key Levels: Strong support around 22,500. A sustained break could lead to deeper corrections. D. Consolidation Zone (Circled Area) Nifty is currently consolidating within a tight range inside the descending triangle. This phase usually precedes a strong directional move (either up or down). Traders should wait for confirmation before initiating new positions. 3. Potential Trading Strategies A. Bullish Scenario (Green Arrow - Upside Move) Trigger: A breakout above the resistance zone with strong volume and confirmation. Entry: Buy when the price breaks 23,600-24,000, confirming with bullish candlesticks. Targets: First target: 24,800 Second target: 25,600 Long-term target: 26,400 Stop Loss: Below the breakout level around 23,400, ensuring risk management. B. Bearish Scenario (Red Arrow - Downside Move) Trigger: A breakdown below the support zone with strong selling pressure. Entry: Short when the price falls below 22,800, confirming with bearish candlesticks. Targets: First target: 22,000 Second target: 21,500 Long-term target: 20,400 Stop Loss: Above the support zone around 23,200, to minimize risk. 4. Risk Management Considerations Risk-Reward Ratio: Maintain at least a 1:2 ratio, ensuring the reward outweighs the risk. Trailing Stop Loss: As the price moves favorably, adjust the stop loss to secure partial profits. Market Sentiment: Keep an eye on global markets and news events that may impact Nifty’s movement. 5. Final Outlook and Recommendation For Bulls (Buyers): Wait for a breakout confirmation above resistance before entering long positions. Focus on targets around 24,800 and higher. For Bears (Sellers): Watch for a decisive breakdown below support to enter short trades. Targets could extend down to 21,500 levels. For Neutral Traders: Wait for clear confirmation before taking directional trades to avoid false breakouts.
NSE:NIFTY
by TradZoo
NQ Technical chartNQ Analysis Examining the overall 4-hour trend, we observe a pattern in the downward and upward price movements: Downward Move (AB): From 22,428.75 to 21,016.75. Retracement (BC): The upward retracement of BC was exactly 78.6% of the total downward move (AB). Price action moved up to this level before rejecting. Similarly: After rejecting at 22,118.75, the price dropped to retest at 20,983.75. This resulted in another upward retracement (DE) to 21,872.75, which again represented 78.6% of the previous downward move (CD). On Friday, the lowest tick on NQ was recorded at 20,874.75. If we apply Fibonacci to the most recent downward move: The 78.6% retracement level is at 21,674.00, marking a potential area of interest above. Below, the open areas of interest are: 78.6% retracement at 20,803.50 88.6% retracement at 20,605.75 This highlights key zones for potential price action and reaction points moving forward. Monday NQ Price Action Prediction Key Levels to Watch: Support: 20,803.50 (78.6% retracement): Critical support zone. 20,605.75 (88.6% retracement): Deeper support if the lower level is breached. Resistance: 21,674.00 (78.6% upward retracement): Key resistance zone. 21,872.75: Previous swing high and secondary resistance. Predicted Scenarios: Bullish: A bounce from 20,803.50 could lead to a rally toward 21,674.00. Breaking above 21,674.00 may push prices to 21,872.75. Bearish: Breaking below 20,803.50 could trigger a drop to 20,605.75. Rejection at 21,674.00 may signal continued downside toward support levels.
CME_MINI:NQ1!
by bear-necessities
GBP/JPY - The Massive Opportunity Most Traders Will Miss!Welcome to today’s market analysis with Mr. Blue Ocean FX! It’s Sunday, January 12, and while the markets are closed, we’re diving into a detailed look at GBP/JPY and the huge opportunities it presents. Key Highlights: • Starting on the monthly time frame , we’re observing a ranging market , with higher highs and lows suggesting an overall bullish trend. However, signs point to potential lower prices ahead due to key liquidity levels being tested and rejected. • On the weekly time frame, a double-top formation near the 199 area hints at bearish pressure. Key neckline support sits around 190, which, if broken, could open the path to targets at 173 and 163. • Scaling down to the daily and H4 time frames, the market is consolidating, and liquidity sweeps or retests of significant levels could offer high-reward trade setups. We’re also watching for rejection at key resistance levels before potential further downside. • Key Trading Tip: Markets range 75-80% of the time—recognize these opportunities to trade within consolidation zones! Trade Setup: • Watching for lower-high formations or liquidity sweeps to confirm entries. • Stops will be placed above key resistance levels, with potential short-term targets at 190 and longer-term targets at 173 and 163. Stay disciplined: “Don’t chase the falling knife!” Always wait for pullbacks or retests to maximize risk-to-reward. If you found this analysis valuable, don’t forget to like, share, and follow! Comment below with pairs you’d like us to analyze in future videos. Happy trading and see you next time!
Short
by BlueOceanFxAcademy
4
Textbook Reversal Setup: Liquidity Zone + Channel BreakReversal Setup Analysis: HTF Liquidity Zone + Ascending Channel Breakdown This chart highlights a high-probability bearish reversal setup based on key technical confluences. Here’s a step-by-step breakdown of the analysis: 1. High-Timeframe (HTF) Liquidity Zone (LQZ): - The red zone marks a major HTF supply area where price previously rejected with a strong impulsive move downward. This liquidity zone is critical as it represents an area where institutional players have shown activity, creating a high-probability region for a potential reversal. - As price approached this zone again, it did so in a corrective manner (via an ascending channel), which indicates weakening bullish momentum. 2. Impulsive vs. Corrective Structures: - Impulsive Move: The strong move away from the HTF LQZ (highlighted earlier in the chart) confirms bearish intent, serving as a key reference point for this trade idea. Corrective Structure: The price forms an ascending channel on the way back to retest the HTF LQZ, signaling exhaustion of buyers. - The third touch of the channel’s trendline coincides with the HTF LQZ, adding confluence for a potential bearish reversal. 3. Liquidity Zones in Play: - HTF Liquidity Zone (Supply): Serves as the key resistance level and primary rejection zone. - 15-Minute Liquidity Zone (Demand): Acts as a potential target for bearish momentum post-breakdown. - This multi-timeframe liquidity alignment strengthens the trade idea by providing clear areas of interest for entry, stop-loss, and take-profit placement. 4. Breakdown Entry and Structure: - Entry Trigger: The trade is triggered on the break of structure, where price falls through the lower boundary of the ascending channel. This breakdown confirms bearish momentum resuming after the corrective phase. - Stop-Loss Placement: Ideally placed above the HTF liquidity zone and beyond the third touch of the channel to account for potential fake-outs. - Take-Profit Levels: Targets can be set near the 15M liquidity zone or prior swing lows for a solid risk-to-reward ratio. 5. Key Takeaways: - This setup offers an excellent example of combining HTF liquidity zones, structural patterns, and market context to develop a high-probability trade idea. The rejection from the HTF LQZ aligns with the broader bearish narrative, while the ascending channel acts as a corrective structure leading to a continuation of the downward move. - By focusing on confluence factors like liquidity zones, impulsive vs. corrective moves, and structural breaks, this trade idea demonstrates a disciplined and strategic approach to trading reversals. Educational Insights: - Always zoom out to identify HTF zones of significance to ensure alignment with the larger market context. - Differentiate between impulsive and corrective structures to gauge the strength and intent of price movements. - Use pattern confluences (e.g., ascending channels) in combination with key zones to identify high-probability entries. - Prioritize patience and discipline by waiting for clear structural breaks to confirm your setup.
OANDA:XAUUSDEducation
by Adlercon333
NQ may have found a little Support to continue its climb.After a healthy, needed pull back, the NASDAQ may have found the support it needed to finish its climb with the inauguration soon to come at the end of the month. Price has not been comfortable below the middle Keltner channel band during this push-up over the last few weeks. The MACD and and RSI look prime for a turnover, and Fridays push-up off of Thursdays Liquidity sweep, sets us up nicely for a move up. At the very least, there's a good chance we test some of these levels for the upcoming week.
CME_MINI:NQH2025Long
by mitchtheo
1
Micron Technology - The perfect chart!NASDAQ:MU is one of these stocks, which just respects every level, cycle and structure. If I would give each chart an individual rating, the chart of Micron Technology would be 10 out of 10. Micron Technology is actually respecting every structure level and providing textbook trading opportunities. If we get a retest of the previous all time high, which is now turned support and perfectly lining up with the support of the rising channel, I will certainly look for longs. Levels to watch: $90 Keep your long term vision, Philip - BasicTrading
NASDAQ:MULong
by basictradingtv
38
BTCUSDT SHORT IDEA. BASED ON LIQUIDITY AND MARKET STRUCTUREWhile the long-term direction of the premier crypto is upwards, with targets at 250k, a slight correction to the previous ATH isn't out of contention. On that note, I'm expecting a drop from around the 100k level towards the previous ATH around 70k-ish. Why 100k? It is both a valid technical and psychological level. Technically, 100k rests at the Internal Range liquidity for the present price leg. Not a financial advise. Do your own research.
by Therealdimkpa
41-Day Sentiment mastery missionGM WARRIORS I'm on a mission to master the SuperTrend indicator by testing all 42 combinations of its key settings: Factor, ATR (Average True Range), and Time Periods. Each day, I’ll backtest 50 trades on a new combination to refine a 15-minute day trading system, focusing on trend precision and market sentiment. The combinations include: 21 Factors (2.0 to 4.0 in 0.1 increments). 2 Timeframes (15M and 30M). Goal: Identify the optimal SuperTrend configuration, master early trend reversals, and sharpen market insights within a month. Results will be shared daily via a public sheet and incorporated into my ongoing SuperTrend study. If you’d like updates, let me know, and I’ll tag you in this journey! 📊 Progress Sheet: docs.google.com 📘 SuperTrend Study: docs.google.com
Education
by NickSeversG
Below is a quick, high-level read on what the chart suggests for1. Recent Downward Momentum Price has clearly dropped from a swing high (around the mid‑21,400s to 21,480 area) and is now trading in the low 21,300s. The series of lower highs on the way down suggests near-term bearish pressure or at least a corrective pullback. 2. Key Support Zones There’s a notable support band around 21,280 – 21,250 (green boxes/lines on your chart). This area appears to have propped the market up once already. Below that, the next region of interest is near 21,200 – 21,180, which may act as a secondary support if the first zone fails. 3. Overhead Resistance Near-term resistance looks to be the 21,360 – 21,400 zone. The market rejected in that region not long ago. A break and hold above 21,400 could indicate buyers are regaining control, potentially setting up a run toward prior swing levels in the 21,450–21,480 range. 4. Volume Profile Observations There’s heavier volume around the mid-21,200s and again in the upper 21,300s/21,400 region. These are likely to remain “hot spots” where price may stall or pivot due to heavier trading activity. The 21,250–21,280 band also shows a fair amount of transactional volume, reinforcing that support zone. 5. Short-Term Bias As long as price stays below the 21,360–21,400 ceiling, the immediate tilt is mildly bearish or consolidative, leaning negative. If bulls manage a strong push above 21,400, it would suggest short-term buyers are stepping in; failing that, watch for a retest of the 21,250 zone or potentially the 21,200 handle. Bottom Line Short-Term Bearish Bias: Lower highs and a clear downward swing off recent highs. Immediate Supports: 21,280 → then 21,250 → deeper support near 21,200. Immediate Resistances: 21,360 → 21,400 → beyond that, 21,450+. Keep an eye on how price reacts at those volume-rich zones—if momentum breaks above 21,400, that could quickly shift sentiment more bullish in the immediate term. If support near 21,280/21,250 fails, expect a further leg down.
CAPITALCOM:US100
by BIGonTRADING
What Is ICT Turtle Soup, and How Can You Use It in Trading?What Is ICT Turtle Soup, and How Can You Use It in Trading? The ICT Turtle Soup pattern is a strategic trading approach designed to exploit false breakouts in financial markets. By understanding and leveraging liquidity grabs, traders can identify potential reversals and enter trades with relative precision. This article delves into the components of the ICT Turtle Soup pattern, how to identify and use it, and its potential advantages and limitations, providing traders with valuable insights to potentially enhance their trading strategies. The ICT Turtle Soup Pattern Explained ICT Turtle Soup is a trading pattern developed by the Inner Circle Trader (ICT) that focuses on exploiting false breakouts in the market. This ICT price action strategy aims to identify and take advantage of situations where the price briefly moves beyond a key support or resistance level, only to reverse direction shortly after. This movement is often seen in ranging markets where prices oscillate between established highs and lows. The concept behind ICT Turtle Soup trading is rooted in the idea of liquidity hunts and market imbalances. When the price breaks out, it often triggers stop-loss orders set by other traders, creating a temporary imbalance. The ICT Turtle Soup strategy seeks to capitalise on this by entering trades in the opposite direction once the breakout fails and the price returns to its previous range​. The pattern is named humorously after the original Turtle Traders' strategy, which focuses on genuine breakouts. In contrast, ICT Turtle Soup takes advantage of these failed attempts, thus "making soup out of turtles" by transforming unproductive breakout attempts into potentially effective trades​. Typically, traders look for specific signs of a false breakout, such as a price briefly moving above a recent high or below a recent low but failing to sustain the move. This strategy is particularly effective when used in conjunction with other ICT concepts, such as higher timeframe analysis and understanding of market structure​. Components of the ICT Turtle Soup Pattern To effectively utilise the ICT Turtle Soup setup, it’s essential to understand its core components: order flow and market structure, liquidity, and internal versus external liquidity. Order Flow and Market Structure Order flow and market structure are critical in analysing the ICT Turtle Soup pattern. This involves observing price movements and traders' behaviour in different timeframes. Traders can analyse higher and lower timeframe price movements in FXOpen’s free TickTrader platform. Higher Timeframe Structure This refers to the broader trend governing the lower timeframe trend. For traders using the 15m-1h charts to trade, this might mean structure visible on 4-hour, daily, or weekly charts. Higher timeframe structures help traders identify the major support and resistance levels. These levels are essential as they mark the boundaries within which the market generally oscillates. Traders use these to determine the prevailing market direction and potential areas where false breakouts (stop hunts) are likely to occur​. Lower Timeframe Structure Lower timeframe structures are examined on hourly or minute charts. These provide a more detailed view of price action within the higher timeframe’s range and account for the bullish and bearish legs that dictate a broader higher timeframe trend. Liquidity and Stop Hunts In general trading terms, liquidity represents how easy it is to enter or exit a market. However, in the context of the ICT Turtle Soup pattern, areas of liquidity can be identified beyond key swing points. Stop Hunts Stop hunts, also known as a liquidity sweep, occur when the price temporarily moves above a resistance level or below a support level to trigger stop-loss orders. This movement creates a liquidity spike as traders' stops are hit, providing a favourable condition for the price to reverse direction. ICT Turtle Soup traders seek to exploit these moments by entering trades opposite to the initial breakout direction once the liquidity is absorbed. Internal and External Liquidity Understanding internal and external liquidity is vital for applying the ICT Turtle Soup pattern effectively. Internal Liquidity This refers to the liquidity available within the range of the higher timeframe structure. It involves identifying smaller support and resistance levels within the larger range. For example, in a bullish leg, there will be a series of higher highs and higher lows; beneath these higher lows is where internal liquidity rests. This internal liquidity will be targeted to form a bearish leg as part of a higher timeframe bullish trend. External Liquidity This involves liquidity that exists outside the key highs and lows of the higher timeframe trend. To use the example of the bullish leg in a higher timeframe bullish trend, the low it originated from and the high it creates as the bearish retracement begins count as areas of external liquidity. Order Blocks and Imbalances While not directly involved in the ICT Turtle Soup setup, understanding order blocks and imbalances can provide insight into where the price might head and the general market context. Order blocks are areas where significant buying or selling activity has previously occurred, often due to institutional orders. These blocks represent zones of support and resistance where the price is likely to react. Bullish Order Blocks These are typically found at the base of a significant upward move and indicate zones where buying interest is strong. When the price revisits these areas, it often finds support, making them potential entry points for long trades​. Bearish Order Blocks Conversely, these are located at the top of significant downward moves and signal strong selling interest. These zones often act as resistance when revisited, making them strategic points for short trades​. Imbalances Imbalances, or fair value gaps (FVGs), are price regions where the market has moved too quickly, creating a significant disparity between the number of long and short trades. These gaps often occur due to high volatility and indicate areas where the market might revisit to "fill" the gap, thereby achieving fair value. In other words, when a price rapidly moves in one direction, it leaves behind an area with little to no trading activity. The market often returns to these imbalanced zones to facilitate proper price discovery and liquidity. How to Use the ICT Turtle Soup Strategy Here's a detailed breakdown of how traders use the ICT Turtle Soup pattern. Establishing a Bias Traders begin by analysing the higher timeframe trend, such as the daily or weekly charts, to establish a market bias. This analysis helps determine whether the market is predominantly bullish or bearish. Identifying this trend is crucial as it guides where to look for potential Turtle Soup setups. For instance, the example above shows AUDUSD initially moving down after a bullish movement off-screen. It eventually breaks above the lower high, indicating that the higher timeframe trend may now be bullish. Similarly, the shorter-term downtrend beginning from mid-May also saw a new high, meaning a trader may want to look for long positions. Identifying Internal Liquidity Once the higher timeframe trend is established, traders look for a move counter to that higher timeframe trend. In the example shown, this would be a downtrend counter to the bullish structure break. They mark levels of internal liquidity; in a bullish leg, these would be below swing lows and vice versa. These areas are likely to attract stop-loss orders. Looking for Liquidity Taps The next step involves waiting for these internal liquidity areas to be tapped. This typically happens when the price briefly breaks through a support or resistance level, triggering stop-loss orders before quickly reversing direction. Ideally, the price should tap into the same area or order block where the internal liquidity formed and then exhibit a quick reversal, often leaving just a small wick. This movement indicates a liquidity grab, where large players have taken out stops to facilitate their own orders. Lower Timeframe Confirmation After identifying a liquidity grab beyond this internal liquidity level, traders look for an entry. On a lower timeframe, they look for a similar pattern: internal liquidity being run and a subsequent break of structure in the direction of the higher timeframe trend. This involves price retracing back inside the range to fill an imbalance and meet an order block, which provides a precise entry point. Executing the Trade Once these conditions are met, traders typically enter the market. Specifically, they’ll often leave a limit order at an order block to trade in the direction of the higher timeframe trend. They place a stop loss just beyond the liquidity grab, either above the recent high for a short trade or below the recent low for a long trade. Profit targets are often set at key liquidity levels, such as previous highs or lows, where the market is likely to encounter significant activity​. Potential Advantages and Limitations The ICT Turtle Soup pattern is a trading strategy with several potential benefits and drawbacks. Advantages - Precision: Allows for precise entry points by identifying false breakouts and liquidity grabs​. - Adaptability: Effective across different timeframes and market conditions, including ranging and trending markets. - Risk Management: Built-in risk management by placing stop losses just beyond the liquidity grab points. Limitations - Complexity: Requires a deep understanding of market structure, liquidity, and order flow, making it challenging for less experienced traders​. - Market Conditions: Less effective in highly volatile or illiquid markets where false signals are more common. - Time-Consuming: Demands continuous monitoring of multiple timeframes to identify valid setups, which can be time-intensive. The Bottom Line The ICT Turtle Soup pattern offers traders a powerful tool to identify and exploit false breakouts in the market. By understanding its components and applying the strategy effectively, traders can potentially enhance their trading performance. To put this strategy into practice, consider opening an FXOpen account, a reliable broker that provides the necessary tools and resources for trading. FAQs What Is ICT Turtle Soup in Trading? ICT Turtle Soup is a trading pattern that exploits false breakouts. It identifies potential reversals when the price briefly moves beyond a key support or resistance level, triggering stop-loss orders before reversing direction. This strategy aims to take advantage of these liquidity grabs by entering trades opposite to the initial breakout direction​. How to Identify ICT Turtle Soup Conditions? To identify the ICT Turtle Soup pattern, traders analyse higher timeframe trends to establish market bias. They then look for counter-trend moves and mark internal liquidity areas. The pattern is identified when the price taps these liquidity zones and reverses quickly, often leaving a small wick. This signals a liquidity grab and potential trade setup in the direction of the higher timeframe trend​. How to Use the ICT Turtle Soup Pattern? Using the ICT Turtle Soup pattern involves several steps. First, traders establish a market bias based on higher timeframe analysis. Then, they look for liquidity grabs at marked internal liquidity areas, indicating false breakouts. The next step is to confirm the setup on a lower timeframe by observing a similar liquidity grab and structure break. Lastly, they enter trades in the direction of the higher timeframe trend, placing stop losses just beyond the liquidity grab and targeting key liquidity levels for profit-taking​. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Education
by FXOpen
1
Micron Technology - This Stock Will Double Soon!Micron Technology ( NASDAQ:MU ) is retesting massive support: Click chart above to see the detailed analysis👆🏻 After we saw a test of the resistance trendline on Micron Technology a couple of months ago, it was quite likely that we will eventually retest the previous all time high. This structure is now acting as massive support and together with the rising trendline, we will see a bullish rejection. Levels to watch: $90, $180 Keep your long term vision, Philip (BasicTrading)
NASDAQ:MULong
by basictradingtv
15