Orderblocks
General OverviewIt is important to not take a bullish/bearish bias and to just play the key levels and information as you see it.
That being said, lets zoom all the way out a bit. Don't get stuck looking at the same 5min charts and take some context. So starting on the 4hour (tradingview . com/x/W4gL6ACD/does it seem unlikely that there will be some relief here, not at all, that is a huge sell off right when people thought it was the bottom originally! (but look at the macro environment and outside of crypto, financials are dogsh1t. Take this into consideration.) Zooming into the 1 hour; 21720 remains the area which I will start looking for scalp longs instead of shorts and 18300 and 17200 ish are the areas where I am looking for scalp longs. These being the mark for a higher high and the 4H and Daily OB levels respectively. Until these areas, the positions are with minimal risk, tight SLs and short time frames rather than longer swings.
These are the levels more graphically. It is what it is, play no bias and take it how it comes within the key time frames and killzones :)
AUDUSD 45min on Monday 20.06 20.06
A breakout strategy can be implemented from 0.68989 downward to the zone mentioned on 0.68608.
More Downward break from 0.68284 and testing the same zone having a bearish momentum can test further lower levels.
- For Bullish momentum price action need to break above previous highs such as 0.71299 levels and test it respectively.
- A bounce back from 0.68450 can be also indicate a bullish short term run.
ATOM/USDT : broke above the S/R zoneBINANCE:ATOMUSDT
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!
$ATOM has broken above the local S/R zone and now it has reached the higher bearish order-block.
With the lower trendline, It's expected for $ATOM to break above the resistance zone and so, It'll be our trigger as a hold above the mentioned resistance zone to locate our Longs...
However, If we get the rejection from the current resistance, Then it'll come with a passive long setup mentioned on the chart!
- The final targets are the same for both scenarios, Same or less.
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Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
XAUUSD (GOLD) D1Hi there,
Over here i got the Bulish Bat pattern on daily TF so you can found the buying Opportunity, and also here is POI on D1 TF From 1677 to 1715 as i mentions in the chart, And also from here the 0.886 (88.6%) level of fibonacci retracement, The Last thing is that it is a strong support also.
Note: this is not a financial advice thank you
GOLD (XAUUSD) 1DHi there,
Over here i got the Bulish Bat pattern on daily TF so you can found the buying Opportunity, and also here is POI on D1 TF From 1677 to 1715 as i mentions in the chart, And also from here the 0.886 (88.6%) level of fibonacci retracement, The Last thing is that it is a strong support also.
Note: this is not a financial advice thank you
nas bulls perspectiveso yesterday i was looking to go bearish on nas based on the 1h timeframe support break. now on the 4h timeframe it looks like nas was just retesting the 4h orderblock. today as we see ,nas is on a bullish move currently and we would love to see a retracement so we can enter for more buys, however if price decides to shift structure on the 15min timeframe i will enter at this current level.(leave comment if you would like to know how i confirm structural shifts)
nasdaq intraday longs.So im riding the up wave on nasdaq guys. structure seems to have shifted on friday. now we continue, on fridays trade we are already on break even, and adding more trades as we go,(on private lessions). yesterdays trade is still neutral due to the impulsive move down , but it looks like we getting a new entry. the only time i will go bear again is if price breaks the red trend line and gives me a sweet retracement.
nasdaq daily perspectivehellow fellow traders. hope you guys are having a splendid journey thus far. for those of you who were eager to see new ideas from me, i apologise for the wait, i was busy with my private students, however im back for this 3rd qauter, if you want to know more about my course leave a comment below. so far as we all know i have been 90% bearish on nas for the swing and it is delivering perfect down movement. this week has 3 possibilities in my perspective. we could see price continue to give us lower prices or a retest of the daily/weekly orderblock, if price decides to break the daily order block then we can expect a deeper retracement into the weekly swing high.
USD uptrend is an year older, What nextHello traders,
We are in the third quarter and checking the weekly timeframe the last Bullish Orderblock ( BuOB ) was formed last week after over-riding a previous Bearish Orderblock ( BeOB )
I see no sign of the Dollar changing the order flow yet.
I expect that the price should be pushed higher to the consolidation zone since this is what seems to happen after a BuOB is created.
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