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Smartmoneyconcept

Tricky Spot Thursday's candle closed above the prior day's high, reaching the weekly SIBI, overnight in the Asian session the price rallied, consolidated in London, and Reversed In the NY Session 4hr market structure is still bullish but at the top of the range creating a bearish reversal with high volume that created a bearish SIBI retesting value area high or the 4hr trading range/4hr Fixed Volume profile the 4hr bullish bars that traded away from POC showed an increase in volume but the bearish volume was higher m15 has two potential areas from long at 20,271.00 or at 20,140.00 but I'm being mindful of the 20,406.00 to 20,362.00 level that can act as resistance causing longs to get squeezed out of their positions I will review what happens overnight Since NQ is typically correlated with ES I will monitor both for direction confirmation and divergences and convergences
CME_MINI:NQ1!
by martiedirect
GBPUSD Sept 25 2024 BUY TRADE ACTIVATEDAs we gain momentum here in gbpusd, I'm only looking for buy trade even though its giving retracements. higher timeframe will always be my bias. If you check DAILY--->4H ---> 1H you can see HH,HL,HH,HL market structure. The only way for you to go with the move is to look for point of interests. this trade was activated using buy limit in mt4. I saw BOS in both 30min and 15min TF. After this, I look for my POI which is the IMB or OB. Set my pending buy limit order aiming for 5:1RR. Patience and clear mind will always be the key to this business. #smart #proptrader #algorithm
Long
by glyrad
1
Two buying scenarios for BitcoinThe range of daily supply, which the price is now involved in, can lead to a price drop that you can think about the short position by getting confirmation in the 1-hour time frame and consider the final target in the range of $60,000. From that area, you can think of scenario number 3, a buy position in the range of $60,000 with a final target of $74,000. There is a high possibility that Bitcoin will pass through this area, but the price range of 69-70 thousand dollars is the volume of sell orders that can lead to a medium-term drop in the price of Bitcoin. If you have a long position, you can save profit in that area.
Long
by mhbaniasadi
Bullish into Weekly SIBIWednesday's candle closed above the prior day's high, reaching the weekly high as well as the previous month's high, we could potentially see the price continue to rally into weekly sibi 4hr market structure is still bullish but after the rally, the price has now closed above 4hr swing-high 4hr Fixed Volume profile shows the POC is at the high of a price and now price action is moving away from that area in a bullish fashion m15 has two potential areas from long at 20,221.00 or at if the Asian session continues to expand we will have to see how London's action is traded especially if the price reaches the w-sibi first in the overnight session which could result in a NY session reversal Since NQ is typically correlated with ES I will monitor both for direction confirmation and divergences and convergences
CME_MINI:NQ1!Long
by martiedirect
Cautionprevious day indecision candle shows that we have some uncertainty at the highs 4hr market structure is still bullish but we acre consolidating 4hr Fixed Volume profile shows the POC is at the highs meaning fair value for price I will not be considering buys just yet unless price breaks 20107.25 on the 4hr or we have a market structure shift on the m15 from 19,934.00 Since NQ is typically correlated with ES I will monitor both for direction confirmation and divergences and convergences update as price develops
CME_MINI:NQ1!
by martiedirect