My point of interest is a 4H bearish order-block that price printed and has recently returned to, triggering me into a sell position, i applied fibs and entered at the level which corresponded with the mean threshold of the order block mentioned
Waiting for price to reach my point of interest for a buy opportunity
As price nears the order block that formed in the hours of 0930-1030 on the 24th of July i am prepared to enter at the mean threshold of this identified point of interest capturing sell side liquidity E:2423 Sl: 2427(48 pips) Tp2283(1396 pips)
Order block recognized in new york am macro, price swings above todays true day open to reach into it before continue the bearish orderflow
Order blocks from the previous week gets mitigated continuing bullish order flow
30 minute order block formed 0830 ny open entering off the opening price and targeting buy side liquidity
Us30 swept the low that formed on friday afternoon @ 12 to tap into internal liquidity(30m) fvg im now anticipating bullish orderflow
1H Order block printed in the new york session. price tested the supply in this ob shortly after, setting the tone for asian session and perhaps the london session when it comes
Order block recognized on the daily timeframe supports my directional bias as the market is definitely bearish
price came back for some internal liquidity for a deep discount, tapping the 95% discount levwel and is now pulling away majestically as anticipated
4 hour fvg recognized as 2200 approached trade is active i applied fibs and the 95% discount level corresponded for a pretty solid entry. i am anticipating btcusdt to reach for 54,995 which is roughly 864 pips with my sl being 63639 i am risking 28 pips
Finally, price has recently reached for and rejected off of a bearish order block that i had as my point of interest; I am anticipating a long term downtrend to follow since price is being rejected at the price 44,488. This price is significant because of the fact that I applied fibonacci to the swing high to the swing low to determine my area of entry. RFE:...
the market failed to displace above the previous days high so the market drew for internal liquidity so that price could follow a bullish narrative.
looking at my previous idea you will learn that i have a bearish opinion in the market up until it reaches the area that i have highlighted stating that there is a 1w OB present which. im sure that if i am correct assuming the market even reaches that low, the market will give us a lovely reversal beginning an accumulation of orders priming the market for a...
As observed on the 1M timeframe there is what i believe is to be a bearish order block because of what manipulation that candle was used to for. the market induced buyers with bullish market structure then failed to make a higher high than the previous one. soon after there was high volume bearish activity liquidating many bullish opinions. when i apply...
After identifying where the market broke structure; forming a higher low that did not overlap with the last lower high over the impulsive move that was not only a means of capturing liquidity but also used as a stop hunt of the buyers climax. it was evident to me that there was the manifestation of demand in the form of a fair value gap. It just stood out to me...
identified a continuation pattern in the making, on the 1H timeframe so i applied fibs to find an appropriate entry level. in this case, that, what i was looking for was the 95% discount level. i plan on taking profit @ or around 28179 because of an existing order block in the market structure to the left. once i take profit from this idea i will transition into a...
continuation of that previously posted idea where i predicted the obliteration of that short term uptrend where the masses had a bullish opinion and removed potential sellers from the market so there would be more sell contracts available as there a bullish opinion has been induced