Get started

Ordeflow

Bitcoin is Bearish or Bullish?To analyze the INDEX:BTCUSD Bitcoin to USD (BTC/USD) chart using the ICT style, we focus on the following key points and concepts: 1. Overall Trend Observation: The chart shows that Bitcoin's price has been in an upward trend starting from October 2023 and continuing until June 2024. Currently, a slight decline in the price is observed. 2. Liquidity Zones : - **Buy-Side Liquidity**: At higher levels (strong resistances), there are buy-side liquidity zones that can be considered as targets for an upward move. These zones include around $72,500, which is seen as a major resistance level. - **Sell-Side Liquidity**: At lower levels (strong supports), there are sell-side liquidity zones. These zones include around $60,000 and $55,000, which are seen as strong support levels. 3. Order Blocks : - **Bullish Order Block**: There is a bullish order block in the area of $63,000 to $64,000, indicating buying interest in this zone. - **Bearish Order Block**: If the price moves to lower levels, the bearish order block around $55,000 could be a significant area for a price reversal. 4. Fair Value Gaps (FVG): - If the price continues to drop, there might be fair value gaps between $60,000 and $62,000 that could be filled. 5. Volume Analysis: - Increasing volume during price rises confirms the upward trend. - Decreasing volume during price drops can indicate seller weakness and increase the likelihood of a price reversal from support levels. 6. Key Levels to Watch: - **Support**: $60,000 and $55,000 act as key support levels. - **Resistance**: $70,000 and $72,500 act as key resistance levels. Conclusion: According to the ICT analysis, Bitcoin is in an overall upward trend but has recently seen a price drop. The price might move towards lower support levels before potentially reversing. Monitoring trading volume and price behavior near key liquidity zones, order blocks, and fair value gaps can provide good guidance for trading decisions.
INDEX:BTCUSD
by Pedi_wxe
EURUSD 4 hour breakdownEURUSD 4 hour expectational order flow still intact and still bearish. I did think price was going to grab the liquidity at 1.6200 before tuesday/wedensday bearish impulse, but its a good lesson of just because you know where the liquidity is, it doesn't mean you know when the market is going to take it. But yes we reacted to the 4 hour order block and broke structure nicely leaving some imbalanced price. we are now sat at an daily order block which we could see a reaction from taking price back into discount market. again the new 4 hour structure and order block at 1.5900 will be vital in holding structure. probably won't try and trade Monday and just let price develop and see if we are going to continue straight bearish or retrace into the range. let the market make its mind up and follow the money
by AarronWoods
Volume Profile & Value Area description🙋‍♂️ Hello Community! This idea is intended for lovers and fans of Keppler John and Market Profile methods such as Gaussian curve, Value Area, Auction Theory, etc. 📚Everything important is to be seen inside the idea, but I will add a description of other terms that will come in handy. 📍 Ask The ask is the price at which sellers are willing to sell in an auction. The forces of supply and demand in the market will influence the ask price at any given point in time based on market conditions. Aggressive demand in the market will usually push the seller’s asking prices higher. 📍 Bid The bid is the price at which buyers are willing to buy in an auction. The forces of supply and demand in the market will influence the bid price at any given point in time based on market conditions. Aggres- sive and abundant supply in the market will usually cause the buyers’ bid prices to drop. 📍 Auction Market A market in which buyers place bids and sellers enter offers at the same time. A transaction only takes place in the auction market when there is an agreement on price between the buyer and the seller. The transac- tion typically takes place at the highest price that a buyer is willing to pay and the lowest price at which a seller is willing to sell. 📍 Delta The delta is a term often used to describe the difference between the level of selling and the level of buying for a given trading session. The delta is calculated by subtracting the total selling volume from the total buying volume for the session. A positive delta is indicative of a bullish sentiment for the session or period, while a negative delta reflects a bearish sentiment. 📍 Distribution A distribution is the process of trading activity that takes place dur- ing an auction market. Sometimes, the term distribution is also used to describe selling activity in the market. 📍 Imbalanced Market An imbalanced market is a market where prices are moving direc- tionally, seeking a fair price for a balanced market. 📍 Initiative Buying Initiative buying takes place in the market when market participants feel confident that market prices are undervalued and destined to move higher. Initiative buying is aggressive bullish buying activity that moves market prices higher. 📍 Initiative Selling Initiative selling takes place in the market when market participants feel confident that market prices are overvalued and destined to move lower. Initiative selling is aggressive bearish activity that drives market prices lower. 📍 Naked POC A naked POC is a point of control from a previous session’s Profile that has not yet traded in subsequent Profiles. 📍 Open Drive An open drive describes an event that takes place when the market opens the trading day with a strong directional drive. Prices will open and continue to move in one direction without ever breaking the open price. This usually occurs when there are aggressive and determined buyers or sellers in the marketplace. 📍 Point of Control (POC) The point of control on a Profile chart occurs at the price where the most TPO activity has occurred during the session. Visually it ap- pears as the longest horizontal line on the Profile chart. 📍 Rotational Market A rotational market is a market where price activity is bounded by an upper price limit and a lower price limit. Prices rotate back and forth from one side to the other. This type of price activity is also described as a balanced market. 📍 Spread The difference between a bid price (what the buyer is willing to pay for an instrument, i.e. the buyer’s bid) and the ask price (what the seller is asking, or what the seller is willing to accept for an instru- ment) is called “the spread” or “the bid-ask spread”. 📍 Unfair High Price An unfair high price is a price level that is above current value for a session and is recognized by the long-term market participants as an attractive selling point. Unfair high market prices attract re- sponsive sellers. 📍 Unfair Low Price An unfair low price is a price that is below current value for a session and is recognized by the long-term market participants as an attrac- tive buying point. Unfair low market prices attract responsive buyers. 📍 Value Area The value area on a Profile chart is typically calculated by tracking the number of TPOs on the Profile for a given session, and then identifying or highlighting the range of prices that included ap- proximately 70 percent of the trading activity or TPOs on the chart. This identified price range represents the value area for the session’s Profile chart. The upper price of this Value Area is considered the Value Area High (VAH). The lower price of the VA is considered the Value Area Low (VAL). 📍 Value Area High Once a value area is calculated and identified on a Profile chart, the upper price of this Value Area is considered the Value Area High (VAH). 📍 Value Area Low Once a value area is calculated and identified on a Profile chart, the lowest price level of this Value Area is considered the Value Area Low (VAL). 📍 Volume at Price The total volume that is traded at a specific price level during a set period or session. 📍 Volume Distribution A volume distribution shows the various levels of traded volume at each price within the price range for the session. It is often displayed as a histogram on the side of a Profile chart. 📍 Volume Histogram A histogram display indicating the total traded volume for a specific period. 📍 Volume Point of Control (VPOC) The volume point of control on a Profile chart is the price level that had the greatest level of trading activity during a session. The price level that has the largest volume traded during a specified period or session. Note: The volume point of control is not always at the same price level as the POC for the session. 📍 Volume Value Area The volume value area is the price range for a session that includes 70 percent of the traded volume for that session. 📍 Volume Value Area High The volume value area high is the upper limit of the volume value area for a specific session. 📍 Volume Value Area Low The volume value area low is the lower limit of the volume value area for a specific session. 🎉I believe it helps you! Please like and comment!
Editors' picks
BITSTAMP:BTCUSD
by Asanato
61
USDWTI SHORT on Order Flow - Follow the smart money! Strong Bearish Signal: The price resumed a confident fall and now is testing the lower limit of the local consolidation. Besides it, the current global situation puts a pressure on the price. Volume Zones: We need to allocate the level of support/local minimum 21.60, which is being tested now. Sentiment: This indicator shows that 72% retails traders are in short positions, which contradicts our trading scenario (trading against the "crowd"). However, we need to monitor this indicator, especially in case of the breakdown of the support level. d.radikal.ru Consider Short Positions: Given all these factors, we may reckon a scenario of the breakdown of the support level, which will be a great bearish signal. The sink must be keen and supported by the large volume, which will be a more precise signal for entering the market. A stop loss may be placed above the breakdown volume bar. Profit Potential: More than 300 pips. To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
FX_IDC:USDWTIShort
by VARIANSE
USDJPY LONG on Order Flow - Follow the smart money! Strong Bullish Signal: We need to allocate the presence of the strong local uptrend with the Yen. Moreover, the current demand for a "safe haven" instruments only supports further continuation of this tendency. Volume Zones: We need to allocated an important level of resistance/local maximum 111.46. It contains the large volume + has been tested a couple of times. On the other hand, the pair did not show any sharp reaction and is still trading near it. Hence, we may state that sellers don't have enough strength to push the price farther down. Sentiment: This indicator shows even percentage of sellers and buyers within retail traders. Hence, there is no clear signal for us and we have to wait for further changes of this indicator, especially in case of the resistance level breakout. b.radikal.ru Consider Long Positions: Given all these factors, we may regard a scenario of the breakout of the resistance, which will be a great bullish signal. The growth must be sharp and supported by the large volume, which will be a more reliable signal for entering the market. A stop loss may be placed below the breakout volume bar. Profit Potential: More than 120 points. To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
Long
by VARIANSE
$USDJPY ‘s value is lower$USDJPY made excess high on 30th Oct, which indicate a liquidation. I am little bit late on this but to turn this pair to much deeper, we need to see new seller while USDollar Index is weakening. Otherwise the Pair will loose momentum for bearish move. $JPY is the weakest currency among the major forex pair, let see if there is more buying on JPY , which is sellers on USDJPY. Many retail traders jump on selling USDJPY without seeing the strength of the currency and don’t monitor the follow through. We can’t just trade base on the pattern only. We need to check any related instrument. If buyers of USDollar index come back aggressively, this pair turn very quickly.
Short
by ruby_kinetix
AUDUSD LONG on Order Flow - Follow the smart money! Strong Bullish Signal: The price resumed rising after trading inside the local consolidation. Hence, we may state that the uptrend is going on. Besides it, the move was on the increased volume and large positive delta, so that we may assume that the smart money pushed the price up. Volume Zones: We need to allocated an important level of support 0.6852, which contains the large volume. Sentiment: This indicator shows that 67% retails traders are in short positions, which is a good additional signal for us (trading against the "crowd"). d.radikal.ru Consider Long Positions: Considering all these factors, we give advantage to long positions. We may enter the market after a smooth downward correction, in order to get a more profitable entry point. A stop loss may be placed below the new support. Profit Potential: More than 90 pips. To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
Long
by VARIANSE