marvineckhardt04092003

marvineckhardt04092003 Updated 

We see the s&p is in a hurry to take out the liquidity above the old highs. So what to expect the next week? What are the targets above and below price? The next buy side is at 4504 but as you can see on the lower timeframes, this level has already taken out equal highs and formed a bearish order block. The algorithm is likely to run out of steam before taking out...

marvineckhardt04092003 Updated 

double bottom was formed on gbp = retail support 5 hours were given for retail to buy the double bottom so retail accumulates long consolidation formed a bullish rsi divergence = retail goes long retail puts protective sell stops below equal lows market maker takes out sell stops for smart money to buy, retail goes short on breakout. smart money is long and needs...

marvineckhardt04092003

there must have been a massive wall of sell stops down there right? so the smart money is likely to take some of the stops to enter long positions. they have to unload them later to buyers at a higher price. Maybe at this clean equal highs with many buy stops above it. This is my target if i get a nice ICT based entry.

marvineckhardt04092003 Updated 

look at this nice clean highs there... maybe a small ict optimal trade entry for london? It is very likely that this highs will get raided. Watch out for sell side stop runs to get the entry.

marvineckhardt04092003 Updated 

nasdaq is about to hit a bullish orderblock from August, 3. s&p already hit this orderblock 2 days ago to be sent higher. Now nasdaq could follow. watch out for impulsive support at the orderblock on the 5min / 1min chart. Target the buy side liquidity and the most recent high. Nasdaq will make a lower low into the order block while s&p will make a higher low...