Orderblocks
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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[Apple] Can you break the top of the wedge?#AAPL #NASDAQ #1D
- Here’s Apple daily chart. Compared to other stocks within NASDAQ, the correction of Apple is not that much fearful, YET.
- After breaking bottom of the black channel and blue trendline, it dropped about 14% more and at the same time formed a green falling wedge.
- I would definitely be bullish in short-term if Apple breaks top of the wedge and for those looking for breakout entry, keep an eye on this falling wedge.
- If it successfully breaks above, a well-designed trading setup can be secured targeting my first resistance area around $147~$149 which is the confluence zone of 0.382 retracement level and POC of previous HVP.
- Another potential resistance that I am considering is at the retest area of the blue trendline located around $155~$157.
- If the market becomes more bearish, in other word if Apple gets rejected by the top of the wedge once more and makes a LL, I am expecting decent price actions at $123~$125 and $117~$119.
- These supports have been deducted by various technical elements drawn in the chart such as wedge bottom, trendlines, Log-trendline, previous VP areas(Orderblocks), Fibonacci projection levels, and retracement levels, etc.
Bitcoin (BTC/USD) Going Down – Enter At The Pull BackHi Traders,
Looking at BITCOIN (BTC/USD) Today.
We are in the 4-hour time frame.
We have, unfortunately, for now, had that possible V bottom recovery invalidated.
This is because we have broken below the most recent low, so now we are looking for further sell opportunities.
I have highlighted my order block zone in yellow.
I am waiting for the price to retrace back into the yellow zone and then once the price touches the 50 % point inside the zone, my sell order will trigger with targets being previous support.
The previous support structure is the lowest low we have seen for Bitcoin this year.
I'm a crypto bull long-term, but if an opportunity presents itself, I take it.
Remember, no emotions, just strategy. Trade like a robot.
Trade safe out there!
The Vortex Trader
Market structure basics - SMCIn this example, we are going over the basic terminologies of market structure we use in Sonarlab.
Terminology Market Structure
BOS: Break Of Structure - we use this terminology when a swing high or low gets broken when a trend continues.
CHoCH: Change of Character - we use this when there is a change in trend.
SH: Swing High
SL: Swing Low
Protected SH/SL: the swing high that is likely to hold since it is in sync with the trend