Orderblock
GBPUSD Longs + BOSBreak of structure on the 1H chart may indicate that the recent tap into an order block may pull back GBPUSD into a higher high. Take profit is currently at previous high however with this strong movement to the upside, we could see a bigger move. Let me know if you take this setup. Great risk to reward.
forex market analysisDue to high inflation and expectations for the Federal Reserve's strong contractionary policy and the closing of the dxy ceiling at weekly intervals
It looks like next week with more movement to climb prices
The green line is our previous price ceiling and the white line is our resistance in the style of Price Action (FVG () ICT)
The purple area is also our supply area from DEC 2002 (orderblock 1D)
The green and orange areas are our supply area, which are formed in one hour time frame and have a lot of power.
$APE and Your Fib Matters - Price at premium to sell *SMT**SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
Start thE 0% of the fib at the candle that has the big drop that is the first out of line of running sideways. Run your fib 100% to the bottom, price has retraced to an institutional premium in whic it should then Sell off. This is TEXTBOOK SMART MIONEY TECHNICAL ANALYSIS
Previous Listing Deleted (odd text got on the chart somehow)
GBPAUD... MASSIVE 17RR OPPORTUNITYHello traders,
I'm not really a fan of trading these pairs (EURAUD, EURNZD, GBPAUD, GBPNZD). Why? they come with more than usual spreads which make the limit orders not to be triggered. Nevertheless, I will place a limit order for this pair once this market opens tomorrow.
Just like the EURAUD, this pair is taking a breather before continuing the bearish move. You might wonder if there is any liquidity trap, well if I must say, there is always a trap but might not be visible on this timeframe. If you go lower, you might find,
Anyways, like if you agree.
Cheers!!!
[Netflix] When will the crash end?#Netflix #NFLX #NASDAQ #Daily
- Here’s NFLX Daily chart. It recently has shown a huge drop about 73% from the historical high at $700.
- During the fall, it made a consolidation zone (HVP: High Volume Peak) around $330~$400 surrounded by big gaps.
- Currently NFLX reached 0.705 retracement level of the impulsive wave which also happens to be the bottom of the blue falling channel.
- Also, there are some of major HVPs that were formed at 2017 at current price level and thus I believe this area is a PRZ(Potential Reversal Zone), expecting some technical price actions.
- If it falls a bit more, some attractive buy zones are $153~$168 and $82~$97 which are confluent zones of trendlines, Fibonacci retracement levels, stop hunting level of an impulsive wave, and POC (Point of Control) levels of major contractions.
- Some resistances that I am considering are $288~$303, $373~$388, and $443~$458. If you are looking for more conservative spot, I would recommend you to wait until it breaks the blue falling channel above and until then, I would maintain my bearish perspective.
EURAUD Analysis using ICT and Liquidity advanced UnderstandingSo in daily bias, it is looking we are going to turn bullish soon, but the orderblock marked at the bottom hasnt yet been mitigated, and it created a inducement OB above it, which means it becomes sellside liquidity that is targeted at the moment, so we can take a sell, do not enter without confirmation
The market still hasnt broken the Buyside, if it does, then we may expect a mitigation downwards then upwards
LONG EURUSD ✅✅✅Here I expect bullish price action as the price took the liquidity below previous daily low and rejected from the bullish orderblock and institutional figure 1.08000. The price has to take buy side liquidity and previous daily high liquidity where we have a lot of stop losses, we can correlate this move with DXY Index.
⁉️ AUDCAD Weekly Analysis ✅ Here on Friday a entered too fast and get a SL, but now I think it's a conservative entry as the price closed the H4 imbalance. I expect the price could go a little bit lower to take the PWL (previous weekly low) and reject from the H4 OB (order block) + institutional figure 0.93000.
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AUDUSD sell entryChecking the Weekly timeframe the Bulls seem to be exhausted after the price filled a price imbalance up to 90% and respected a Bearish Orderblock which is also a quarterly high.
On the 4hr timeframe, the price has begun by going lower which I believe is the Judas swing. The equal lows of Friday have been taken out.
I'm anticipating that the price will now go up to the equal highs which will be taken out so that the market can give us a second chance to enter short.
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See What I See? 1:13R EURCAD Down 👀👀Supply candles one of the best strategies i've known.
small risk and high profit is promised, but also need to find the right ones.
I had to share this chart with you.
If you liked the idea please like and follow,
and maybe I will upload ideas like in the past.
not recommendation, only my opinion.
you responsible for your money
VLXUSDT wants the new liquidity for a new bullish impulseThe price had an impulse after my previous analysis and now the price is testing again the dynamic support on the daily timeframe.
On the weekly timeframe, the price is going to create a triple bottom on 0.2$.
the price has a Demand cluster of 0.20, and we could see a spike on it in order to grab new liquidity for the new bullish impulse
How to approach?
We are monitoring the price, the price could have a bounce on the weekly dynamic support and get liquidity for the new breakout from the daily resistance on 0.23$
According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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