Orderblocks
is trading view technical analysis reliable ?well hi again , although i usually don't trade any other markets than crypto , but ;
at this moment , if u go into stock screener tab and look at #AAPL , u will find it's technical analysis to be "^BUY " but i dont think so ,
as it apears to me i see a head and shoulder pattern forming here , and i now predict a ITH at 169.70 point were then i think we will go down to that huge GAP down there .
but as i said im not an expert over here , but technical analysis is technical analysis , and this my friend does not look like an uptrend .
but we shall see which one is right then , me or tradingview ?
WEDGE PATTERN ON GOLD 💰Hey traders,
Yesterday gold went crazy to take liquidity at 2003 then after tested the above horizontal trendline only to drop all the way down 1980, i do not see any good reason for gold to climb up again before reaching around 1950 area.
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EURUSD in DepthThis is the bigger picture of the main Idea that I posted on the Daily time frame. Here we can see the accumulation with the beautiful volumes in the demand zone of the range. The level of control can be seen on the daily time frame in the attached idea and it is in the same are of the demand zone. So the Level of control is validated and playing an important role in defending the price to not falling.
So we have now the complete setup. Good luck.
EURUSDPrice is playing around an important level of control, it's clearly accumulating above it, we can see this accumulation in lower time frame, but the daily time frame is to understand what the volume is telling us. EURUSD clearly don't wanna fall soon, so I predict yo see price moving to the liquidity zones upside, and we will see how price will react with each of it before taking the next decision.
NASDAQ ORDER FLOWThis is what I think about US100
- missing order around 990$ ( I know that is UNIMAGINABLE to reach there again but it is what it is)
- clearing orders at 1100$
-There is no sign of engulfing in top in higher scales
Therefore, i bilievethat price could swing from those 2 levels that pointed on chart ( BEARISH OB OR ORFL).
Attention The key of success in trading is how you manage your risk and your self, so this chart could not help you if you are unable to DO them!
BTCUSDT , chart analysis There is no doubt that we have long passed the downward phase. Some people do not know trend lines and prices at all and use fake professional channels to deceive people. Go learn the trend lines first, then come and say with confidence that Bitcoin will reach HKEX:12 ,000. I don't have any channel, I only give private training and professional signals to a few people because I am not a scammer. Be sure that the one who doesn't get money from this market should create a channel, otherwise he won't have time to teach so much. Of course, not everyone is like this, but most of the channels extort money. Bitcoin is in an uptrend. Please learn the process, then channel and empty people's pockets with wrong teachings. I don't like a self-confident illiterate commenting on my posts.
Anticipating a bullish rally this weekend on BTCUSDAfter an aggressive sell-off, finished by what looks to be an exhaustion bar, my ideal trade will be enter long on the 4 hour order block and ride price action up to the daily order block, where I expect lots lots of selling pressure to come through. I think it's very possible that price will surge to the 50% retracement of that OB where it will be the consequent encroachment of the fair value gap.
Orders are set and now I let the trade play out.
All the best,
The Meditader
📊 Smart Money Concepts: A Market Structure Showcase 📍What Is Smart Money?
Smart money is the capital that is being controlled by institutional investors, market mavens, central banks, funds, and other financial professionals. Smart money was originally a gambling term that referred to the wagers made by gamblers with a track record of success.
📍Principles of Smart Money Market Structure in Order Block Trading
Price moves within a structural of support and resistance. A breakout of the structural of support or resistance will lead to price movement in the next area of the support or resistance. When the price broke market structure was high the low point becomes a strong low. Strong Low is The Low that caused Manipulation and Break Structure (resistance).
Fresh high in an uptrend and fresh low in a downtrend. Weak Low/High is the Low that fails To Break Structure
🔹For every strong LOW, there is a weak High
🔹For every strong High, there is a weak Low
After a zone is tested many times or during a strong move, Supply and Demand levels eventually break. Due to the remaining orders being triggered and gradually removed, or an overwhelming number of orders in the opposite direction breaking the level.
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17/04/23 Weekly outlookLast weeks high: $31062.6
Last weeks low: $29603.2
Midpoint: $28143.7
Having missed last weeks outlook (10/04) We had a very interesting week. Price rising to new local highs of 31k, before dropping back towards the 1H 200EMA nearer the midpoint of the weekly range all whilst respecting the quarterly ranges very accurately.
The week has begun with a sharp decline off the 0.75 line towards the 1H 200EMA just above the midpoint. For me, losing the 200ema would be bad for the bulls, it's evident right now that the bulls are trying to defend that position and so far are doing it well. Personally I'm looking for a reaction to the bullish Orderblock that's in the middle of the 0.25 - 0.5 line. Clearly there are some big long positions in that area that need defending/Adding to. It's also at the top of the previous mini range that lasted for a couple of weeks.
My prediction would be: lose the 1H 200EMA --> react off the bullish OB --> retest 1H 200EMA as resistance and that's then key to both sides. If resistance is confirmed last weeks low is the next battleground, but of the 1H 200EMA is reclaimed I could see a push up to the all important 32.5k.
Could be wrong but those are just my thoughts and perspective on things for this week.