Smcconcepts
BTCUSDT wants the demand zone?The price has a demand zone above the previous lower low in the lower timeframe where the market created an order block inside the demand zone.
We are monitoring these levels and we are waiting for a reaction.
Volatility day ahead
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >= 1h structure.
Follow the Shrimp 🦐
EURUSD 4H TF (9/18/22)We have a protected low and targeted high. Those swings points were a complex pull back for the daily TF. We can see that price moved correctively upwards and left clear demand zones to trade from. We now have a internal break bearish to those demand zones. So this is the complex pullback for the 4h. Price ranged at this demand zone and eventually swept the lows and FTC'd the range high. We can see have a valid demand zone we can look for our entry model on. We are currently price in discount.
EURUSD Daily TF (9/18/22)Price is bearish. We can see that after the ftc that we broke bullish internally and tapped into a supply zone. Price reacted to the supply zone and pulled back to demand, where we have our current reaction. This demand zone is a flip and its valid for price to continue having a bullish reaction. Price did already tap into premium so it also valid to keep coming down. Make the case for both sides of the market.
EURGBP Potential Selling Opportunity!In Today's trading session we will be monitoring EURGBP for a Selling opportunity in and around 0.866 area. Once we get a Bearish confirmation the trade will be executed and shared with our premium subscribers.
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4R BTC Trade Idea4R BTC Trade idea...
After a big sell of yesterday, volume is very low.
To me, the 4HR has a bullish market structure within an overall 1D bearish structure.
BTC potentially formed a HL on the 4HR here and 15m CHOCH showed that it could be a confirmed HL.
So i am targeting the 15m swing high with tight stops.
4R trade...
Follow me for more ideas.
EURUSD Bullish OrderblockAfter yesterday's disastrous CPI news, EURUSD tanked from the strengthening of the USD and we can see a PDL OB formed on the EURUSD.
Although it is a strong bearish trend on the intraday timeframe, I know that price doesnt go in one straight line direction and counter-trend moves are needed to build liquidity for the inevitable bearish move down.
Recognising that this is a counter-trend trade, I manage my risks and set the buy limits on 50% fulfillment of the PDL OB.
What ensues is a no frills and nothing fancy outcome of 4.14R
There is still a current M15 supply above so perhaps could have taken partials or held the trade longer but I want to start off the week on a positive note since this is a counter-trend trade as well.
Abbreviations :
PDL - Previous Day Low
OB - Order Block
EURUSD ChoCH after CPI releaseToday we can observe a ChoCH aka "Change of Character" of the EURUSD trend from bullish to bearish on the lower intraday timeframe since the higher low was broken because of the high CPI news.
What this means is that the higher timeframe bearish trend is set to resume officially after the retracement we had in the past 2 weeks.
As an SMC trader, I see potential shorts at the new supply area created after the CPI news today.
As usual, sell limits will be placed at the 50% fulfillment of the new supply area with stop loss just above the PDH (previous day high) to give the trade some breathing room.
There is a high chance that price might not retrace to that supply area but if the trade does indeed get triggered, we can ride it down to potentially new ATL (all-time-lows)
Cheers !
ICT SMART MONEY CONCEPT (FVG/IMBALANCE) SELL SETUPBINANCE:SOLUSDT www.tradingview.com
On the Daily Timeframe, there is a Liquidity Sweep just above an old high before price has a Displacement to the downside breaking structure(BOS) leaving behind a fair value gap(FVG) or Imbalance if you will.
Currently, the price is making its way up (Retracement) to fill the Imbalance/FVG before having another leg down to take out the old swing low.
DISCLAIMER : THIS IS NOT A FINANCIAL ADVICE AS THIS IS MEANT FOR EDUCATIONAL PURPOSES ONLY.
EUR/USD 15M Markup15M assessment:
remembering that the overall assessment is for price to drop to the 4H demand to then fuel the move towards the Daily supply, the POI's within the discount are the HP zones to look for longs for the continuation move which will in turn break the 15M structure to the upside.
GBPUSD LONDON/NY OUTLOOKPrice was creating lower highs and lower lows on the 4H which indicates a downtrend.
After a 4H break of structure, price retraced to a 4H bearish orderblock. I went down to the 30min timeframe and spotted another break of structure and currently awaiting a retracement to the orderblock that caused the bos doing london or New York.