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Smcanalysis

EUR/USD ShortIn the recent drop we can clearly see an OrderBlock form with plenty of Imbalance which price is currently pushing up to fill, The reason this candle sticks out to me as an OB is because it's the last candle up which is swiping buyside liquidity before a huge drop, The purple box in the OB represents a slight bit of imbalance which lines up nicely with 50% of the candle, What I'll be looking for around this area? Personally for me to enter this trade I would like to see a clear CHoCH on lower time frames with a nice pull back to fill any imbalance created by the CHoCH I will be watching price as it reaches this level and will not be setting a sell limit, and will only enter the trade if it meets my confirmations My Take Profit levels will be previous lows and any imbalance left by the market CHoCH = Change of character OB = Order block Please remember this is a trade idea and my personal view on the market, Please do your own analysis before entering and use correct risk management, no more than you can afford to lose. Enter at your own risk This is my first post so let me know how i did and anything else you'd like to see Thanks :)
Short
by Brxndon_18
📊 Smart Money Concepts | Supply & Demand🧐What is Smart Money? Smart money refers to the capital that institutional investors, central banks, and other professionals or financial institutions control. It is managed by expert investors who can foresee market trends and make most of the profits. Smart money was originally a gambling term, where it refers to the gamblers that have extensive knowledge of the activity that they wager on or have insider information that the common public is not able to access. The smart money concept suggests that these investors can identify trends and opportunities before the broader market and position themselves accordingly. They may also be able to manipulate the market to their advantage by creating buying or selling pressure on certain securities. Some traders try to follow the smart money by analyzing the actions of these large investors through public filings, news reports, or other sources of information. However, it is important to note that not all trades made by institutional investors or large financial institutions are necessarily "smart," and blindly following their actions can be risky. 🔹 Supply Zone In trading, a supply zone is a price range where there is an abundance of sell orders, resulting in increased selling pressure and potentially a temporary resistance level. A supply zone can be identified on a price chart as an area where the price has previously reversed or stalled, and where there are many unfilled sell orders or pending sell orders. Traders may use supply zones as a reference point for making trading decisions. For example, if the price approaches a supply zone, traders may consider selling or taking profits on existing positions. Conversely, if the price breaks through a supply zone, traders may see it as a bullish signal and consider buying or adding to long positions. 🔹 Demand Zone In trading, a demand zone is a price range where there is an abundance of buy orders, resulting in increased buying pressure and potentially a temporary support level. A demand zone can be identified on a price chart as an area where the price has previously reversed or found support, and where there are many unfilled buy orders or pending buy orders. For example, if the price approaches a demand zone, traders may consider buying or adding to long positions. Conversely, if the price breaks through a demand zone, traders may see it as a bearish signal and consider selling or taking profits on existing positions. 👤 @AlgoBuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
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by QuantVue
34
EURUSDCurrently, the 15-minute structure indicates a bearish trend and it's expected that there will be a pullback to address the discounted supply zone. The price is displaying liquidity-inducing behavior before entering the zone. It's important to note that the 4-hour structure is also bearish, and we are nearing the completion of a 50% discount in the swing pullback leg. The observed reaction could potentially be a tactic to attract sellers since we may experience a significant pullback to the 4-hour supply zone at 1.07620 before resuming the shorting trend. My plan is to short EURUSD in the short term with my initial target set at 1.06650, followed by the full target at 1.06430, with a focus on the demand zones. Once the price reaches these levels, I will be waiting for a confirmation to enter a long position. My target for the long trade will be the 4-hour supply zone at 1.07620, where I anticipate a potential trend continuation to short EURUSD.
Short
by Sjcosmas
2
BTC SHORTBTCUSD has been in a downtrend as can be seen structurally on chart. After the nice break of structure to the downside, price has now made its way back to the Point of Interest that caused the BOS. Price is currently distributing at the POI and could begin making its way down south. A Clear break and close below 22300 could signal the beginning of the bearish move back down to liquidity resting below 15500. Always remember to apply proper risk and money management and do not over leverage your account.
COINBASE:BTCUSD
by tonyeiyetan
1