After absorbing all the liquidity in the form of imbalances (you can find this idea in my profile), I noticed a potential opportunity for a long position on a local timeframe. I’ll set a small stop-loss and allocate 1% of my deposit to this trade since minute timeframes aren't very accurate and can easily trigger the stop-loss.
This is an update to my previous idea on Bitcoin, where I discussed a long-term short position on the monthly timeframe. I recommend scrolling through my profile to find that idea. Today, I'll provide a brief analysis on the daily timeframe, where I'm looking for a possible long position. After an accumulation phase that lasted from March to August, price...
After liquidity was taken out at the purchase and a new asset high was reached, a short-term revaluation of the asset is expected following the bullish rally. This rally left behind a lot of unfilled liquidity and a fair value gap, which I have noted on the chart. However, I won't rush to open a short position since there is no precise entry point yet, and the...
This is an update to my previous idea. After a long period of accumulation, manipulation occurred, followed by the absorption of liquidity in the form of a swing low. I am considering one of the few entry points for a long position from the order block at 58,322. My subsequent targets are 61,233, which is the swing high, and 62,173, which is the previous day's high.
Today, I am considering a short-term long trade on Bitcoin. After absorbing liquidity in the form of a swing low, I expect the price to reverse towards the swing highs and unfilled imbalances. My targets are 61,689 and 62,159. I will enter the trade with 5% of my deposit using cross margin. The stop loss will be quite large.
This is an update to the previous idea about XAGUSD. As expected, after accumulation and manipulation, and absorbing the sell-side liquidity, the price reacted from the zone of interest. Now, distribution should occur, and our further targets are the unabsorbed minor liquidity and, ultimately, the previous high. However, it is important to note that there is an...
A short-term local rise in the asset is expected after filling the imbalance on the 2-day timeframe and absorbing a lot of sell-side liquidity. This trade is quite risky as a continued decline of the asset is possible. Therefore, I will allocate 1% of my deposit for the trade but with a large stop loss, as I might average down the position.
The idea of long positions in gold is still relevant. Yesterday, there were news events that negatively affected the price of gold, causing many buying points to be ignored. However, these news events were just another manipulation, and the price absorbed the liquidity of the previous week's low. The nearest target now is the previous day's high. The entry points...
"Long idea on gold, use only 5% of the deposit for the trade, no more, as the trade is somewhat risky in case of a stop loss due to a buy zone below in the form of an order block at 2317. I will re-enter, with the same targets, but you can set the stop loss as you wish.! The idea was published earlier but was blocked due to rule violations, and the entry and stop...
After anticipating a potential drop, GBP continued its rise during the opening of the Asian session and covered the London high marked on my chart. In the previous idea, we opened a risky short position with a small stop loss, and unfortunately, the stop loss was reached. Here is the analysis on a higher timeframe (4-hour). After the price impulse at the opening...
After accumulation and manipulation, and taking out the sell-side liquidity followed by the absorption of liquidity in the form of the London swing low, I opened a long position from the point of interest. My target is 1.29290, which is the London swing high. I allocated 1% of my deposit for this trade.
Today, I am considering a short-term trade on GBPUSD. After liquidity was absorbed, an order block and a CHoCH (Change of Character) formed. My target is the sell-side liquidity and the fair value gap that I have marked on the chart. It's important to note that this has happened before on July 15, when, after absorbing buy-side liquidity, a bearish order block was...
Overview: I am considering a long position on Bitcoin after the accumulation and manipulation phases, as the market is now in the distribution phase. Although it might seem a bit late to enter the trade, I am willing to risk 3% of my capital on this futures contract, despite generally not favoring cryptocurrencies. Entry Point: My entry point is based on an...
Entry price from the demand zone. I recommend opening the trade with 2-3% of your deposit. Use a tight stop loss. I will open the trade now without a stop order, but I advise you to open your position from 50% of the order block. I will mark the entry point and stop loss for you below. BUY-3.345,35 TP-3.390,53 SL-2.337,48
After liquidity was taken out at the purchase price area of 56,548.12, a local price reversal occurred towards an increase following a partially filled imbalance around 54,436.00. Such manipulation had happened previously on May 1, 2024, when similarly, liquidity was closed for purchase and the lower partially covered imbalance led to a subsequent asset...
I'd like to share an additional analysis of gold on the daily timeframe. Overall, gold is trending bullish, with targets being the daily imbalance, the New York session high, and, most importantly, the previous week's high. This high was formed due to a liquidity grab for buying, as seen on the daily timeframe, as well as the previous month's high, as observed on...