Orderblocks
GBPUSD Selling zoneThe market has broken the bullish trend and now we are in the selling zone. There is a strong resistance and order block at 1.32072-1.32650, which is a good sign to enter the market.
Entry level: 1.32072 - 1.32650 (significant resistance and order block)
Targets:
First Target (TP1): 1.32250
Second Target (TP2): 1.30313
SL Level: 1.32650
If the market breaks this selling level, the bullish trend will start again
Gold (Xauusd) Entry LevelsAt the current price of 2517, we can consider a risky trade with a stop loss of only 10 pips. It is advisable to use a small lot.
Buy limit 2516
SL: 2515
TP1: 2524, TP2 2528
Today's Entry Levels:
If today's price breaks above 2030 level, it is likely to reach 2050. We can enter a buy trade after confirmation. We will keep you updated.
If the price moves downward, we can consider buying at the 2500-2503 levels due to several rejections at this price and order brokers. If the price breaks this level, we can consider a selling trade and find an entry. We will provide updates after confirmation.
XAUUSD 4H AnalysisA Higher Timeframe liquidity grab followed by bearish order flow being formed on the LTF, I have no doubt that this pro move is likely to play out
I'm waiting for price to induce atleast one Lower Timeframe swing high before getting into Short/Sell trades
It is never too late to get into continuation trades, I will be looking for sell trades targeting the swing low at 2470.86
Unmitigated ORDER BLOCK + Liquidity Below begging to be grabbedHello everyone, hope we are all doing very well !.
This is a clean structure from price and this is a setup i will be willing to take if i see proper reactions at the order block.
Straightforward trade nonetheless, please use proper risk and money management and do try and do your analysis, i will be glad if my analysis serves as a confluence for you as well !.
Happy Labor day SPY Lovers ! (4hr Chart Analysis)This is our 4-hour chart, and as you can see, I am linking it with the daily chart I published earlier.
What I want you to notice is the number of orders positioned at 544.58. We must take into account that on our daily chart, this is the second time the price has activated the institutional order block, and there was no intention of a breakout; it was simply rejected as we predicted last week.
The price on the 4-hour chart has only moved within a range and hasn't been able to surpass all-time highs yet. Looking at the chart, it gives me the impression that it might reject again.
No one knows what will happen; this is an analysis based on historical movements, price action, and smart money concepts.
Let’s see what Tuesday brings, but for now, enjoy your Labor Day!
Cheers, and thank you for supporting my analysis.
EURAUD Sell IdeaThe reason I am selling the EUR/AUD currency pair is because
inflation in the Eurozone has eased to 2%, which could prompt the ECB to cut interest rates again.
Meanwhile, inflation in Australia has risen slightly while the Reserve Bank of Australia has kept interest rates unchanged, and on the other hand, Australia's trading partner, China, is making efforts to boost its inflation, which has been under pressure, by cutting interest rates and providing future stimulus.
Therefore, the AUD has better long-term prospects compared to the EUR.
Sell Limit : 1.65700
Stoploss : 1.66100
Take Profit : 1.64500
Be safe and protect your capital with stoploss
AUDUSD Long IdeasThe reason I chose to buy the AUD/USD currency pair is as follows:
The RBA has kept interest rates on hold for a longer period due to inflation remaining stable and experiencing only a slight increase, which is favorable for the Australian economy.
Meanwhile, the economic outlook for China is potentially improving, as interest rate cuts will continue if China’s economic data is found to be unsatisfactory.
On the other hand, the Federal Reserve is getting closer to an interest rate cut in September.
For market participants, this is a dovish signal for the USD.
ITDCEM Going 2 Break All Time High With Huge Positive NumbersNSE:ITDCEM
Over 90 years of rich industry experience
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Company is expected to give good quarter,
Company has delivered good profit growth of 26.4% CAGR over last 5 years
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Amongst the leading infrastructure & construction company in Thailand
for over 60 years.
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Received ‘The Royal Seal of Garuda’ in 1985 - Highest and most
honorable achievement for civilian companies in Thailand
Global presence in India, Bangladesh, Lao PDR, the Philippines,
Vietnam, Africa etc.
Access to the latest technology and know-how, international design and
engineering as well as skilled personnel to augment our local strength.
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MULTI YEAR REVENUE VISIBILITY ORDERBOOK OF RS 18,536 CRORE.
• Secured orders worth over Rs 1,053 crore in Q1 FY25.
• Clientele comprises of Government (48%), PSU (17%) and Private Sector (35%).
• Established presence in India with 13 states / 1 union territory and is currently executing project in Sri Lanka and Bangladesh
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Major Projects under execution worth of Rs 6,401 crore.
Marine project in Bangladesh.
West Container Terminal in the Port of Colombo, Sri Lanka.
Balance Outer Harbour Works in Andhra Pradesh.
Piers, Landside Tunnels & Building in Karwar, Karnataka.
Udangudi project in Tamil Nadu.
Wharf and Approach trestle works at JNPT in Maharashtra.
Captive Oil Jetty at Kamarajar Port in Tamil Nadu.
Third Berth (Jetty) at Dahej LNG Terminal in Gujarat
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Major Projects under execution worth of Rs 3,936 crore.
Underground tunneling and stations for metros in Chennai, Bengaluru, Mumbai and Kolkata.
Elevated metro stations and buildings in Kolkata
Depot metro building in Surat
Modification & Refurbishment of terminal buildings in Ahmedabad airport
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Major Projects under execution worth of Rs 2,717 crore
Six laning road project in Uttar Pradesh
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Major Projects under execution worth of Rs 2,341 crore
Redevelopment of Residential colony at
Kasturba Nagar in New Delhi.
Circuit bench of Calcutta High Court at Jalpaiguri in West
Bengal.
Thal Sena Bhawan in Delhi.
Aerospace museum at AF station in Palam, Delhi.
Piling and Civil work for Coke Oven Project at
Hazira plant in Gujarat.
Construction of buildings for Sikkim University
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Major Projects under execution worth of Rs 2,120 crore
Railway tunnels in West Bengal and Sikkim.
Civil & Hydro-Mechanical Works of 500 MW Hydel Power, Pumped Storage Project in Andhra Pradesh.
Water conveyor system of lined gravity canal/tunnels in Telangana
Vechain/USDT-H1Hello everyone, we are back with an update for the VETUSDT currency. As we can see, the price started with three waves, very clear. And the fourth wave was complicated in the form of WX and Y. Now, a price explosion. From these places specifically? Without any pullback. And the price is forbidden? Pullback to the top of wave one. I wish you success. See you soon.
US30 34,500 SWING TRADE BUY PRICE Looking at past price action on the 6, 4 & 3-month chart, I can see the price has pulled back to 78.6% fib levels in July, Aug & September which are the last 2 months in the financial year and 1st month in the new financial year in September then after September during Oct, Nov, Dec price has accelerated bullish with huge engulfing candles (Santa Clause rally) following past price action patterns. Currently with the fundamental condition of the market and interest rate cuts pending for September/October/November Q1 (Q4 of 2024) the following 6 months starting from mid-July 2024 have been bearing as price is oversold in a premium market which isn't giving room for more buyer to enter the market at a fair price before the FED rate cuts and indices and stock start the next bullish run for 4 years in the market cycle, so price need to sell into a discounted market below 37,776 which is above the 4month IMB and 4month bull OB.
From my analysis price would need to pull back and fill the 4-month IMB and draw towards the 34,500 (safe price) area (32,742 is my 78.6 swing trade price) price there is a monthly bullish OB and 3,444 pip of IMB to be filled. I'm not expecting the price to run directly towards this price area but it will eventually get there over time or to 50% of the IMB at 36,400 or 36,250 (QL)
GBPJPY H4 As observed in the month, the price was strongly rising. Now, we notice the formation of weakness on this pair. It may be temporary. We may witness a free fall from these levels. We will divide the risk. The best environment areas, the 50% Fibonacci levels by 100, may be somewhat dangerous, so we will risk 0.50% in the first trade, which will have a profit of one on 3.25. However, if we sell above the 50% levels in the dollar, something? In girls, something? However, if we sell above the 50% Fibonacci levels, the probability of success will be very high. The profit ratio will be 1. /. 5. 1/2. Good luck.
Vechain/Usdt h4We notice that the price has finished 3 impulse waves and the wave structure is not complete and lacks a final fifth wave. Now the price is in the fourth corrective wave that may reach the 50 Fibonacci levels of wave 3 since the second wave reached 61.8 Fibonacci. I do not think that the fourth wave may extend more than 50 percent Fibonacci. Therefore, at the 0.028000 area, we may see a strong price explosion upwards and the first target is 0.035000 and by breaking it, we may continue to 0.039960. I wish you success.
ZROUSDT - Struggling to break the High (SHORT)ZRO recently surged to a swing high and is currently battling at that price area. Let's dive into the latest price action and explore a potential short trade setup with a great risk-to-reward
Recent Price Action: Surge to Swing High
Swing High: ZRO surged to the recent swing high, encountering resistance at this key price area.
Battle at Swing High: The price is currently struggling to break above this resistance, suggesting a potential retracement.
Short Trade Setup: Targeting the Fib 0.382 Level
1.) Short Trade Setup:
Entry Point: Consider entering a short trade from the previous swing high.
Target Profit (TP): The TP for this short trade is the Fibonacci 0.382 level of the entire wave structure, around $3.80.
Support and Confluence:
Old Order Block: The Fib 0.382 level also coincides with an old Order Block, providing an additional layer of support.
Anchored VWAP: Taking the Anchored VWAP from the low, we see clear confluence at the exact 0.382 Fib level, reinforcing this area as a strong support zone.
Key Levels and Indicators
Resistance at Swing High: Watch for continued resistance at the swing high, which supports the short trade setup.
Fib 0.382 Level: Monitor the price action as it approaches the $3.80 level, where we expect to see support from the Fib level and the old Order Block.
Volume Trends: Decreasing volume near the swing high can further confirm the potential for a retracement.
Strategy: Executing the Short Trade
Executing the Short: Enter the short trade at the swing high or at Fibonacci 0.618 (around $4.3), targeting the Fib 0.382 level around $3.80.
Monitoring Price Action: Keep an eye on volume and price action for any signs of bullish reversal as the price approaches the support level.
Our short trade setup targeting the Fib 0.382 level around $3.80, which aligns with the Anchored VWAP and an old Order Block, offers a strategic opportunity with a great R:R.
What are your thoughts on this analysis?
Sell opportunity in the H1 supply area ?I see a strong supply area on H1 as evidenced by price rejections that have not been able to penetrate this supply area. For those of us who follow SnD, this can be used as a SELL setup plan in the RBD area of the GBPJPY supply area. The most important thing is to keep risk in mind. Happy Trading.
Disclaimer: always trade safely, trading risks are not our responsibility.
GBPUSD: What Should We Expect from Today's CPI Release?Greetings Traders!
What to Expect in Today's CPI Release
At the moment, GBPUSD is showing a relationship with bullish order blocks. We observe that after buy stops (external range liquidity) have been taken, the market moves into bullish order blocks (internal range liquidity), and these order blocks are consistently supporting the price. This indicates that the current price action is being driven by bullish institutional order flow, which may continue further today.
Key Observations:
Bullish Momentum:
Order Blocks Support: Price is supported by bullish order blocks, indicating strong bullish momentum.
Targeting Buy Stops: The main liquidity draw is towards the buy stops at the high. There is minimal resistance in this direction due to the heavy downward moves during Friday's NFP release.
Potential Bearish Shift:
Market Shift: If there is a market shift towards the downside, or if the order flow from the bullish order blocks is broken, we may see a downward draw towards the sell stops.
Cautious Approach: While the current bias is towards bullishness, any invalidation of this bias will lead to a reassessment of trading opportunities.
Trading Strategy:
Primary Focus: Anticipating upward movement towards buy stops based on current bullish order flow.
Secondary Consideration: Monitoring for any signs of a bearish market shift and avoiding sell-side trades if the bullish bias is invalidated.
Please conduct further analysis on your own to complement this overview and to make well-informed trading decisions.
Kind Regards,
The_Architect
Notcoin is Bullish or Bearish ?The chart is for the cryptocurrency pair BINANCE:NOTUSDT NOT/USDT from Binance , analyzed on a daily timeframe. Here is a breakdown of the analysis presented:
1. **Current Price**: The current price is approximately 0.015983 USDT.
2. **Price Zones**:
- **Fair Value Gaps (FVG)**: Two Fair Value Gaps are highlighted on the chart, indicating areas where price movement was rapid and may return to fill these gaps.
- The first FVG is around the 0.017000 USDT level.
- The second FVG is around the 0.013500 USDT level.
3. **Order Blocks (OB)**: These are areas of high buying or selling interest, often leading to price reversals.
- Two OB+ (Order Block) areas are noted, correlating with the FVGs.
4. **Liquidity Zones**:
- **Buyside Liquidity**: This is marked at a higher level, indicating an area where there may be a significant amount of buy orders. The specific levels are marked at 0.029300 USDT and 0.037000 USDT.
5. **Price Projections**:
- **Bullish Scenario**: If the price moves upward, it could aim for the buyside liquidity zones at 0.029300 USDT and then 0.037000 USDT.
- **Bearish Scenario**: If the price declines, it might target the lower OB and FVG areas around 0.013500 USDT.
6. **Volume Analysis**: The volume bars at the bottom indicate trading activity, with a notable increase during the recent price rise.
7. **50% Shadow**: A level marked as "50% Shadow" which might be an important retracement or equilibrium level.
### Interpretation:
- **Bullish Indicators**: If the price can sustain above the current FVG and OB areas, it may attempt to reach the higher liquidity zones. This bullish scenario is illustrated by the green and black arrows projecting upward movements.
- **Bearish Indicators**: A failure to maintain the current levels could result in the price dropping to fill the lower FVG, supported by the red arrows projecting downward movements.
### Conclusion:
This chart suggests a critical juncture where the price may either move up towards the higher liquidity zones if it can maintain above the current FVG and OB levels or potentially drop to fill the lower FVG if it fails to hold these levels. Monitoring the price action around these key zones and the volume dynamics can provide further insights into the likely direction.
Order Blocks and Breaker Blocks and How To Trade ThemOrder Blocks and Breaker Blocks and How To Trade Them
In the intricate world of trading, especially within the forex markets, understanding the mechanics behind order blocks and breaker blocks is paramount. These concepts, rooted in the actions of institutional participants, offer a window into the potential future price movements. In this article, we’ll explore what these critical areas are and how to use them effectively.
What Is an Order Block in Trading?
An order block, also known as a supply or demand zone, represents a significant area on the price chart where large market participants, such as banks or institutional traders, have placed substantial buy or sell orders. They’re crucial in understanding the flow and direction of an asset, as they often precede notable movements in price. Particularly in the realm of forex, where the magnitude of transactions can be immense, identifying these zones can provide traders with a strategic edge.
A bullish order block, or demand zone, is identified during a downward price movement and is the area where the last bearish candle before a substantial upward price movement occurs. This indicates that institutional buyers are stepping in, absorbing sell orders, and preparing to push the price higher. Traders eyeing bullish order blocks anticipate these areas as potential points of interest where price may find support, thus offering a strategic entry point for long positions.
Conversely, a bearish order block, or supply zone, is found during an upward price movement and is characterised by the area where the last bullish candle appears before a significant downward price shift. This suggests that institutional sellers are overwhelming buyers, likely leading to a decrease in price. Bearish order blocks signal potential resistance zones, presenting opportunities to enter short positions in anticipation of a downward price trajectory.
In both instances, they typically create an impulse move that breaks a nearby high or low to continue or start a given trend. When the market returns to these areas, they often prompt a reversal of the short-term trend and a continuation of a higher timeframe trend.
Order blocks in forex are particularly telling due to the high market liquidity and the sheer volume of trades. Recognising these areas allows traders to align their strategies with the likely actions of major institutional players, potentially leading to more informed and effective trade decisions.
Why Order Blocks Work
These blocks work because they tap into the underlying dynamics of supply and demand, reflecting the actions of large institutional players whose trades can significantly impact price direction. They’re essentially snapshots of where significant buying or selling pressure has accumulated, offering clues to future price movements.
When a market approaches a supply or demand zone, the likelihood of a reaction—whether it's a continuation or reversal of the trend—increases because these levels are where institutional traders have previously shown interest, either by initiating large positions or placing take-profit orders.
Finding and Using Order Blocks
Now, let’s take a closer look at how to identify and use order blocks for trading.
Identifying Order Blocks
Traders often start by analysing historical price charts to locate order blocks. Typically, these are found where there was significant trading activity, often in the form of a consolidation, followed by a strong directional price move.
A bullish order block is where the last bearish candle in a downtrend occurred before a sharp rise. Conversely, in a bearish order block, traders identify the last bullish candle before a significant fall.
Note that order block candles visible on a higher timeframe tend to be more probable. Similarly, a small high-low range on a lower timeframe would appear as a single candlestick on a higher timeframe, meaning that the entire range can be plotted as a supply or demand zone.
To have a go at spotting your own order blocks, head over to FXOpen’s free TickTrader platform and interact with our real-time charts.
Incorporating Order Blocks into a Trading Strategy
Incorporating order blocks into a strategy involves observing how the price behaves as it approaches these marked areas. Traders typically watch for price reactions near these zones, using them as indicators of potential entry or exit points. For instance, a price bounce off a demand zone may signal a good opportunity to go long, anticipating upward momentum as institutional interest possibly resurfaces.
Traders might also combine these areas with indicators and other analysis tools, such as moving averages or Fibonacci retracements, to validate their signals. This multi-faceted approach helps in fine-tuning entry and exit strategies, potentially increasing the likelihood of effective trades.
Risk Management
As with any strategy, it's crucial to practise sound risk management when trading with order blocks. Traders often set stop-losses just outside the zone with the assumption that institutional players won’t let the market trade beyond this point. However, when these zones fail, they become known as breaker blocks.
Understanding Breaker Blocks in Forex
In the realm of forex, understanding the concept of breaker blocks can be crucial when it comes to identifying potential reversals and continuations in trends. Breaker blocks emerge from the failure of order blocks. When these supply or demand zones do not hold, and the market structure shifts, breaker blocks are formed, marking significant levels to watch.
A bearish breaker block occurs after a bullish order block fails. This typically happens when there's an upward trend, and a certain level that was expected to support the market's rise instead gives way, leading to a sharp decline. This decline indicates that sellers have overcome the buyers, absorbing liquidity and shifting the sentiment from bullish to bearish.
Conversely, a bullish breaker block is formed from the failure of a bearish order block. In a downtrend, when a level that was expected to act as resistance is breached, and the price shoots up, it signifies that buyers have taken control, overpowering the sellers.
In both scenarios, price often retraces to the failed zone before continuing the newly formed trend.
Finding and Using Breaker Blocks
To harness the power of breakers, traders adeptly identify these pivotal points and integrate them into a coherent strategy.
Identifying Breaker Blocks
The first step involves scrutinising price charts for significant reversals that follow the failure of established supply or demand zones. A bearish breaker block, for instance, would be marked by a sudden decline after a bullish trend fails to sustain, trading through a bullish order block, and vice versa.
The most notable breaker blocks are often the order blocks that stand out visually or would need to stay intact if a given trend is to continue. When they fail, they can then be plotted as a valid horizontal level to look for a retracement before a potential move away.
Strategic Application
Once identified, these zones can be strategically employed as markers for potential trade entries. For a bearish breaker, traders might consider short positions, anticipating further declines as price retests and rejects the previously failed support level. Conversely, a bullish breaker suggests a potential long position as the market may continue to rise, having breached a significant resistance.
Combining Order Blocks and Breakers
Combining these two ideas offers a nuanced approach to forex, especially when integrating the concept of liquidity voids or fair value gaps. These gaps occur when the price makes an impulsive move away from an order block without retracing, potentially marking areas for future reversals. This strategy shines in trending assets, where the directional momentum aligns with the formation of these critical zones, offering potential entry and exit signals.
Trending and Ranging Markets
In a trending market, order blocks that prompt sharp price movements away can be key areas to mark for a trend reversal. These marked zones can indicate where significant buying or selling pressure originated, offering potential entry points. However, it's essential to recognise that in a ranging or consolidating market, they might not hold as expected.
The Role of Breaker Blocks
When institutional interests shift, leading to the failure of an order block to act as support or resistance, this is where breaker blocks come into play, becoming a critical level to watch. Particularly after a sudden move, if a supply or demand zone ripe for reversal is now too far away to see an immediate retracement, the breaker serves as a strategic entry point ahead of a trend continuation.
Setting Market Direction with Breaker Blocks
Breaker blocks not only signal potential entry points but also help set market direction. The breach of an order block by price action indicates a strong likelihood that the asset will continue in that direction, underscoring a shift in institutional interest. When price trades through an order block, showing no signs of halting, it suggests a path for the trend, offering traders insight into the prevailing momentum.
Limitations of Order and Breaker Blocks
While order and breaker blocks provide insightful strategies in navigating forex markets, they come with limitations that traders should be aware of:
Market Volatility: High volatility can disrupt the reliability of these zones, leading to false signals.
Institutional Disguise: Large market players may mask their activities, making it challenging to identify genuine order or breaker blocks.
Lagging Indicators: These areas are based on past price behaviour, which might not always be effective when analysing future movements.
Overreliance: Solely depending on these strategies without incorporating other analyses can lead to missed opportunities or misinterpretations.
The Bottom Line
Navigating the forex market with an understanding of order and breaker blocks can help refine your trading strategy, offering insights into institutional movements and potential market reversals. For those ready to apply these insights in real-time trading, opening an FXOpen account offers a gateway to the dynamic world of forex, connecting you with global markets and potential opportunities.
FAQs
What Is an Order Block in Trading?
An order block refers to a price area on the chart where significant buy or sell orders were previously placed by large institutional traders. These zones are key to identifying potential support or resistance levels, providing insights into future price movements.
What Is a Breaker Block in Trading?
A breaker block is a concept that emerges when an order block fails, leading to a change in market structure. It signifies a pivotal point where the market shifts direction, offering traders opportunities to enter trades based on anticipated trend continuation.
How to Identify Order Blocks?
Order blocks can be identified by analysing price charts for areas where there was significant trading activity, followed by a strong directional movement. Traders look for the last bullish candle before a downturn for a bearish block, or the last bearish candle before an uptrend for a bullish block, indicating potential zones of interest for traders.
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ORDER BLOCK AND FAIR VALUE GAP SMART MONEY CONCEPT**Order Block**:
An order block is a specific price area on a financial chart where institutional traders have placed large buy or sell orders. These areas often lead to significant price movements and are used by traders to identify potential zones of support or resistance. Order blocks represent clusters of orders from big players like banks or hedge funds, signaling where major buying or selling interest lies. When price revisits these zones, it often reacts strongly, making them valuable for predicting price reversals or continuations.
**Fair Value Gap**:
A fair value gap (FVG) is a price range on a chart where there is an imbalance between buyers and sellers, often created during periods of high volatility or news events. This gap typically occurs when the market moves so quickly that trades do not fully fill, leaving a visible gap on the chart. Traders use fair value gaps to anticipate potential price retracements to these levels, as the market tends to revisit and fill these gaps over time, aligning price with its perceived fair value.
Both concepts are crucial in technical analysis for identifying key price levels where significant market activity is likely to occur.