ORDER BLOCKS FOR BTC !!Its been 5 days since my last idea , and like I said that time BTC dump , but there is a point what happened when BTC touch the 21.5$ price !?
if you look at the chart you can see two order block that have nice volume , its can change the game for BTC in my opinion price don't react the 21.5$ price I think it react to the first and smaller order block if its happened and that order block have all condition the price must react that and back to the 21880$ if its happened plan A is : the first target is 21880$ and the second target is 22500$ and the last one is 23200$resistance. but if the price didn't react to the first OB what? !!!
for that time we go for the plan B and plan B is we must trade with the second order block that order block have very good condition and more stronger then last one in this case our first target is 21800$ and second one is 22500$ and the last one is resistance.
% of plans = A : 7.20% B : 9.40%
but don't forget check the DXY
Orderblocks
C98 - Order Blocks C98 / USDT
To be clear, this is not a bullish structure. However if looking to enter a long, my strategy would be to enter in the lower green order block at support as we've tested it time and time again (no reason to enter in the mid-channel). Resistance block above in red that you could target for a long, otherwise boring chop in-between for now with less and less volatility.
Order blocks are a great way to identify areas of supply or demand, easily trapping retail traders in liquidity. Identify these more often and use them as areas for S/R and you may be able to gain an edge on other traders or more importantly, institutional players. Order blocks, simply put, are where larger players in the market are either entering or exiting positions. Large players being institutions, banks, or whales. They are frequently used in forex markets by banks and often times become trapping points for retail investors who may not understand what or where they are and get chewed up by the big chip players that have analysts and traders eating up liquidity or using retail as exit liquidity.
If you as a trader can better identify these blocks and levels, it will give you an edge against not only other traders, but against institutional participation.
V
nas bulls perspective(still running)hey guys, been two weeks now and nas has been trickling up slowly, we almost at first target which is the weekly orderblock. if it happens that we break it we should definitely reach for higher prices. however if we see market structure shift to the downside when we reach the orderblock then we look to take nas further down. so its still looking good though, ill update you guys once we reach the weekly orderblock, which should be by the end of this week.
USDCAD: Weak Order Block ⁉️After successfully predicting the collapse to complete compression, we are now faced with a weak order block again.
The rejection is poor and the lack of volume is likely attracting many buyers to trap.
I would like to see a lure, followed by a total collapse to wipe the order block zone.
I will keep you updated.
EURUSD: Buying Lure ⚠️Are you being lured into buys? My gut is telling me that selling is not finished yet.
We created strong support at the key psychological level of 1.00000 and this was the initial buy trap that ended in a strong liquidity grab.
However, one liquidity grab is not enough nowadays and for this reason, I will be looking to continue selling with the trend from this lovely supply that is approaching.
If we show signs of rejection around this area, I will be taking a sell with the members to create a new low.
Cosmos 1H long idea12H Fibs drawn from low to high
Drill down to 1H timeframe and see a bullish orderblock confluent with Golden Pocket area, with further confluence via Fixed Range Volume Profile indicating significant volume at the price confluent with the orderblock.
Wait for retest then long to swing high. Stop loss just below.
This asset is very bullish at present so there is a risk my limit orders may not get filled.
1H BTC Short IdeaPotential bearish breaker area identified which resulted in a weekly level being pierced (swing failure pattern). Price then smashed through it down to a nearby order block. Wait for an underside retest of the breaker and short back down to the order block. The order block is confluent with the Fibonacci golden pocket level, lending slightly more weight to the trade.
Stop loss just above the breaker block.