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
After a brief consolidation period the market swept the lows that formed, liquidating buy contracts while also triggering sell stop orders; with all of the available buy contracts the market created a fake rally to induce a bullish perspective. and trigger buy stop orders before finding supply and beginning the mark down thats due to take place. this confirms my...
using fibs to locate an area of untapped demand in the market i found a potential buy opportunity w minimmal risk
Anticipating a drop from 24k to the 14k now that sellers on the recent down-trend have been removed from the market causing more sell contracts to become available for larger interests. recent bullish price action (Fake rally)was to induce buyers to enter the market before the expansion to the downside. That means that There is more money being risked by retail...
Buy limit activated on the 19th of june reason for entry was a breaker block in a previous structure and the 50% of that breaker block was in confluence with the 95% premium discount level on fibs when drawn from the low of the breaker block to the all time high
bullish continuation on the reversal, after seeing strong rejection at an area of demand the market retraced back into the impulsive move to test demand once more for people who missed the initial discounted price to enter at
Based on the information i had found in my last position we have reason to believe the market is in the process of a turn around therefore i am only looking for possible continuations within the already existing position the market formed a w pattern and left an unmitigated order block in which i marked the 50% of then measured from low to high to verify if a...
Bitcoin has dropped to the most affordable price its been at in a few years, naturally becoming oversold after this 7 week fall. the market has finally reached a breaker block that had not yet been mitigated until Juneteenth, resulting in a reaction i had been anticipating; a reversal leading into a long term uptrend. marking 50% of the breaker block and...
reaason for entry: bullish market cycle, order block ( demand) found in the spring of the said cycle, fibonnaci retracement at the 95% discount level all show the potential for price to trade higher