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Orderblocks

GBPUSD Small Countertrend Long PositionHi Traders, Yes, GBP/USD is still falling along with many other markets. We have not bottomed out as yet – No confirmation suggests a reversal as yet. If the price retraces slowly back into the yellow zone, I am looking at a small buy position. It is a countertrend trade so I will be risking a very small amount. We have a large bullish impulsive candle that took out previous price structure. If the price retraces with low bearish volume, I would consider jumping in on this counter-trend position with a Risk/Reward of 1 / 4. Have a great day. See you on the next one The Vortex Trader
Long
by TheVortexTrader
Testing out a new strategy on gbpjpyThis strategy doesn't depend really on market direction. It's mainly orderblock, S&R and fair value gap. ACRONYMS USED HERE ARE; BMS-Break in Market Structure. ORB- Order Block. FVG- Fair Value Gap. Let me walk you through my thought process; First Identify your order block Find your resistance Find your fvg Now you can decide to do two things depending on whether you're the aggressive or conservative trader. If you're aggressive, you could either open a trade at the fvg, where your sl is either below the close of the first candle or just below the orb. If you're the conservative type you'd want to open the trade at the retest of the orb, place your sl just below the zone adn your TP1 should be the fvg and tp2 should be the next high
Long
by K_W
1
BTC/USDT : Second stand of bearish wave!BINANCE:BTCUSDT 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! We nailed our last two calls on $BTC and now I'm going to call the third and last mid-term position. There's a formed supply candle with the order-block formation on candles body. Also Any break above the zone, Will lead the pair to $39200, and also there's another S/R zone located below. So based on the data we have, Everything is matched for the next bearish wave! But the main Idea is coming from our last exclusive Analyzes on weekly TF : Trading setup : 🔻 Entry Pointes : $36500 - $37000 - $37500 📍Targets : $35000 - $32800 - $30700 - $28800 🟥 Overall stop-loss : $39200 ( Three Candles Close ) 📚 If we get caught on SL then, I'll move on and wait for the next Short entry till $42400. Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
82
$BTC - Fill 4 HR FVG - Bullish Scalp to Bearish OB - *SMT**SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges, trendlines, channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas. According to SMT price wants to fill imbalances, there is a current 4 hour imbalance in the chart and it stops near 36,000 (Just below) So I gave it some wiggle room for entry after it fills the imbalance it should start a bullish move until the price level hits something the algorithm will remember, such as a bearish order block. A bearish order block is your last bullish candle before the bearish candles close below the bullish candle. The beginning of that bullish cand will be the bearish order block. That is what I think will happen to this chart. It will drop and fill the imbalance and pull up to the bearish order block. All you need to make a money in this game is to see that possibility and put a decent lot size on a futures trade and trade with about 10-15x leverage. You can easily pull off $either $5 or $2,000 depending on how much you have in your account and how much you want to risk. But these types of setups should be easy to spot and easy to capitalize on. It will act as if it wants to continue bearish after filling the imbalance but that is to get retail traders in the trade selling short so smart money can they take it north, ripping the money out of the short sellers pockets and into theirs. Think like them. This is how I would play it if I were an institution. This is not trade advice. This is simply an observation of my experience and my training in Smart Money. COINBASE:BTCUSD BINANCE:BTCUSDT BITSTAMP:BTCUSD BYBIT:BTCUSD GEMINI:BTCUSD CME:BTC1! INDEX:BTCUSD CME:BTC2!
FTX:BTCUSDLong
by BodiesXWix
3