Orderblocks
⁉️ What is OrderBlock? ‼️ Order Blocks are candles where Market Makers (Banks) have placed their positions, generally, the market returns to those candles and they are never violated.
There're 2 types of Order Blocks:
1. The Bullish Order Block is the last bearish candle before the bullish movement, that Break The Market Structure Higher. Represents a high possibility of holding the price, when the price returns to it.
2. The Bearish Order Block is the last bullish candle before the bearish movement, that Break The Market Structure Lower. Represents a high possibility of holding the price, when the price returns to it.
EURCAD BREAKOUT TRADE Pair: EURCAD
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern
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Key Takeaway: Need to see a break of support and trend line
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Level needed: need a close by 1.31350
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Trade: Short
RISK:REWARD 1:12
SL: 14
TP: 162
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
USDCAD CONTINUATION TRADEPair: USDCAD
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle pattern, consolidation period
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Key Takeaway: Need to see a break of support with a pin bar candle
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Level needed: need a close by 1.27565
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Trade: Short
RISK:REWARD 1:9
SL: 25
TP: 227
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
" EURUSD " Scalping Buy Trade With 100 Pips Target Hi Trader's ,, How Area You Today ,, Hope U Be Fine
Now We Have New Trade On " EURUSD " Let's Explain The Chart Together ,,
1 - What Is the Main Trend For EURUSD ? Up Trend
2 - Why We Will Buy From This Area ? Because This Area Is ( Order Block Area - Golden Zone - Support Area )
3- What The Price We Can Enter From It ? 1.02500
Target And Stop Lose On Chart ,, Don't Forget To Like And Comment
" EURJPY " Buy Trade ScalpingHi Trader's ,, How Area You Today ,, Hope U Be Fine
Now We Have New Trade On " EURJPY " Let's Explain The Chart Together ,,
1 - What Is the Main Trend For EURJPY ? Down Trend
2 - Why We Will Buy From This Area ? Because This Area Is ( Order Block Area - Golden Zone - Support Area )
3- What The Price We Can Enter From It ? 136.25 - 136.100
Target And Stop Lose On Chart ,, Don't Forget To Like And Comment
The closest scenario to bitcoin's movementshey traders
We have two important areas for buying Bitcoin, which I expect to record new highs
zone 1 around 22195 - 2186
zone2 around 20433 - 19611
Bitcoin trend for the upcoming period is bullish and volatile
Since Bitcoin respects wave analysis a lot, I think that the shown chart is the closest scenario to the completion of corrections
BTC/USDT : Where are we heading to?BINANCE:BTCUSDT BINANCE:BTCUSDTPERP BITSTAMP:BTCUSD COINBASE:BTCUSD
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
So, Here's the pump after the CPI announcement.
US CPI:
8.5% YoY, 0.0% MoM
Forecasted: 8.7% YoY, 0.2% MoM
CPI Core:
5.9 % YoY, 0.3% MoM
Forecasted: 6.1% YoY, 0.5% MoM
Now there're two major scenarios ahead of us and always remember, After the trigger; They might get changes as time goes on...
- There's a possible deviation above Monday's High and we can look for Shorts, If $BTC gets the closings below $23250 or $22400.
Targets are $22575 - $22100 - $21460 - $20550.
🔴 Invalidation should be a claim above $24200.
- Otherwise, If we get the closings above $24900, Then it'll confirm that there's no more chance of deviation, and it'll roll into the bullish bias again.
So, Our entry will be a proper retest on $24900, With targets of $25800 - $26700 - $28250.
🔴 Invalidation should be a break below $23700.