Bitcoin Drops like its hot. 86k coming in HOT?On Nov 21st we were looking at a push down into the 45k range and price did push lower to 40k.
Current Price action is sitting at 47.4k at the time of this video for almost a 20% correction back to the upside after the fall.
This Selloff was healthy in my opinion and sets up a perfect weak hands sell opportunity and a strong buy opportunity for institutional investors to position and average in further and start bringing price action back up which in my opinion will drive bitcoin into the 86k range by Mid March.
Not Financial Advice. All Entertainment.
Keep Stacking It
How you do one thing is how you do everything!
-HP
Smart-money
SMART MONEY | EURUSD | 25/11/2021Keep in mind that price already hit daily mitigation candlestick for buy entry. But is too risky because of daily downtrend. 71% of retailers are on long position, that means we keep looking for sell opportunities, but carefully. Fast break evens and more quality short entries are suggested in order to minimize our losses in case of trend change because of the fact above.
Buy entries are very risky now until the crowd sentiment change.
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NZDJPY Long Entry IdeaPer myfxbook, retail is 78% short on NZDJPY, making me bullish. On the 1D, higher highs and higher lows have been made, giving me no reason to go bearish. There's also divergence between price and Cumulative Delta Volume (CDV). CDV has trended up short term, while price had trended down. Suggesting a weak sell. Price has seemed to find support right around 80.00, a nice whole number price. However, right below price is a large 4h imbalance inside of a 1D imbalance, where 50% of each imbalance lies right around 79.50, a nice half level. This area is also around the 50% retracement of the recent bull run if you apply a fib. My TP1 is the 4h imbalance that hasn't been filled, which is right around 81.5, another half level. Since this imbalance didn't break the previous short term market structure, I think price is likely to surpass this imbalance. Hence, my TP2 is targeting last month's highs at 82.5, another half level. A triple top formed right below last month's highs, providing liquidity for price to go to last month's highs, making it a likely target in my opinion.
CADJPY Long Entry IdeaPer myfxbook, retail is 68% short on CADJPY, making me short to mid term bullish. There are also more short term inefficiencies in CADJPY to the long side than the short side. Price has formed support right above the 50% mark of a 1D bullish imbalance, making me even more bullish. Looking for entry at the 50% mark of the 1D, and an ultimate TP at a major 1h imbalance. Plenty of places to trim along the way. Notice how the orderblocks and imbalances I marked up either start at, or have 50% levels around whole 25 pip values (quarters theory)
Another push up? :)Today, we're looking at Dogelon, shib, eth and BTC.
I'm long on an all 4 overall.
Specifically bitcoin dogelon and eth as a pumper for today.
Shiba looks to have some liquidity gaps in the 47-52 range so thats a hold and see.
Out of practice talking to a screen but my thoughts are there and i think this next season of bull runs are going to make alot of us very very wealthy.
Thanks for jamming!
Keep stacking it
_HP
EURUSD long and short - Supply Demand, Smart MoneyAlso here I am using two institutional levels. The question is which one is more relevant and the answer: Nobody can tell you that. It is up to that one specific institution which created that zone and is interested to act at this zone.
What do you think?
USD/JPY | Institutional Analysis | Quasimodo PatternUSD/JPY has a breakout of trendline with some Quasimodo patterns in it. This, indicates the change from downtrend to uptrend.
If we really believe that breakout we can find some sweet spots that allows us to jump into new trend at good price.
Feel free to write your opinion on comment section and stay tuned for updates and more opportunities.
EUR/USD | Institutional Analysis | Quasimodo PatternOn weekly timeframe, a potential liquidity could float below the double bottom. This is the most likely target. A continuation Quasimodo set up detected on Daily timeframe, so if we believe on our target we could grab the sell opportunity as described on charts. Additionally, we can find an internal liquidity, an extra reason for the market makers to push the price lower.
This opportunity seems to be safe as continuation with a strong target closely below.
Feel free to write your opinion on comment section.
Stay tuned with our ideas for updates and more opportunities!
Institutional Analysis: Too many retailers runs on profits1. Overall there is a downtrend in the market. So, we are looking for continuation.
2. Too many fresh buyers comes into play. This a sign of short term reversal.
3. Too many retailers runs on profits. This is strong sign of short term reversal.
Institutional Analysis: Large Stop Loss Cluster Above the Price1. Too many fresh buyers come into play. That means that market will reverse soon (short term reversal)
2. Overall we have downtrend, so we are looking for continuation
3. At the bottom we have large stop loss cluster (around 5.5%)
4. Too many retailers runs in profit and this is sign of short term reversal
5. 60% of retailers runs long positions, that means that we need to look only for sell orders.
We could jump into trade right now but the stop loss cluster above the price is a magnet form smart money, so we will wait for more safe entry above them.
Banks Accumulate Positions | Large Stop Loss Clusters DetectedAs we know the big players chase the stop losses of retailers to get liquidity. They hit their stop losses and the price returns immediately to make a profit. In this idea we found a large stop loss cluster (5.52%) below the price while the exchange rate is downtrend. This is the potential target of the big players because there they will find the liquidity they are looking for.
The general philosophy is that the crowd loses long term money. Right now it has been placed long and since most retailers lose money if we place them upside down we have to end up on the right side. At this time the retailers are positioned 65.5% long and 35.5% short. This means that for the time being we should only look for short positions. Additionally 2% of fresh buyers come in (24/8/2021 | 6:00 A.M.), this is an extra confirmation for our short position.
The price will return when the big players collect enough liquidity. The whole range up to the orange line has several stop losses, so anywhere in this zone we expect the price to return targeting the large cluster of liquidity low at 5.52%.
Because the trade is downtrend overall the trade is considered safe. We have hidden our stop loss above the next cluster of retailers so that even if we are wrong and the price continues to go up by hitting the stop loss of other retailers but not ours.
Institutional Analysis: Manipulation detected on USDJPYAt 1H timeframe we see a clear manipulation upwards with the result that big players run long positions in loss which they have to close. When the price returns there we can enter a short position to take advantage of this small correction.
There is no trend in the market, so a change at this point seems realistic.
For the moment, many buyers come out of the market. That means that the price will come soon to this price.
We will place our stop loss above the institutional candlestick and our take profit above the previous lows.
Fell free to write your opinion in the comments.
Institutional Analysis | Charming manipulation on Daily At the daily timeframe we detected a manipulation. Trade seems safe since in a larger timeframe there is a strong uptrend.
Open positions of big players run negatively where the price is. They will probably start closing on Monday, and the market will move upwards.
Our stop loss will be under candlestick that collected liquidity and take profit a little below the previous high. We could easily pull our take profits to the orange zone since the point is a target for the big players due to the liquidity that the double top has accumulate over there. However, the safe option is a little lower than the previous high.
Institutional Analysis: Strong Manipulation on Strong Support The price reached the institutional candle. Many sell banks positions will close resulting in a strong reversal.
The most demanding traders would expect the price to approach as close as possible to the low of the institutional candlestick, but even now the entry gives a good risk / reward and the stop loss keeps us safe from a break of the double bottom that has formed.
Trade is in the direction of the trend of larger timeframes, so it is considered safe although small timeframes are considered reversal.
Institutional Analysis: Strong manipulation detectedIn the 1H timeframe we find a fairly strong manipulation that keeps open buy positions of big players in loss. If the market returns to this point immediately we can look for our entry above the internal range liquidity. In the red zone is the optimized entry that will give a satisfactory risk / reward ratio.
We have to be careful because the structure has already broken further back, so the current upward movement can be considered reversal, so that this trade can theoretically be found contrary to the trend that is going to be created.
Our stop loss must go just above the high of the institutional candlestick and the take profit just before the previous lows of the structure.
Institutional Analysis: Daily on crucial zoneDaily timeframe has already broken the area of liquidity below the low of April and has shown a slight upward mood.
We must pay attention to the two lows of Autumn because if the market does not intend to return to these areas, it will certainly break this zone to collect massive liquidity. The trade at this point is quite risky with not so good risk / reward.
The best idea is to let the price get as close as possible to the aforementioned lows so that our stop loss can be placed in such a way that a break does not take us out with the mass of retailers who have placed pending orders just from below.
After the entry we should pay special attention to the red dangerous zone in which is the institutional candlestick that gathered the positions from above. At this point there are open buy positions which the banks will try to close by creating a rather small retracement. Maybe a very small partial could be justified.
The trade should reach the target relatively easily in the first half of September.
Related Ideas Link has the same analysis from monthly perspective.
Institutional Analysis: Price on crucial support zonePrice approaching crucial zone. A confirmed manipulation has already formed at the top of the range, that means that the price have to return to that level to let banks get rid of losing positions.
The fact that August breaks the previous lows means that a potential manipulation lurks. This is an extra reason to believe that the price will raise soon.
However, the lows of September and November can offer plenty of liquidity to banks. Trade now is risky, but if the price goes down we will be able to place our stop loss below these lows to stay safe even from an eventual break - and take profit below the level that bank will start selling their open positions.
Keep in mind that reversal is always risky, but the impressive reward sometimes justifies the pluck. You can drop timeframe to find the correct moment to jump into the reversal. Risk/Reward ratios is around 1:7. Risk recommended to be no more than 0.5% on reversals.