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[SMC] BTC/USDT Demand & Supply Price ActionHello Gents, Let me briefly explain the analysis. 1) Macro View: Bitcoin is in a bearish order flow state. 2) Micro View: major CHOCH, we entered the corrective wave phase. A correction for the bearish order flow. hence we can notice the new bullish order flow. 3) The recent marked Demand level used to be a supply price. This indicates an S2D flip. 4) Next supply price is at almost 27k. 5) My opinion: price action will play out in a range between new supply and demand levels. Share your comments or questions. Cheers, FX Wabz
by FXwabz
USDJPY ASCENDING TRIANGLE BREAKPair: USDJPY Timeframe: 1H Analysis: Round number level, trend line, volume profile, support and resistance, ascending wedge pattern, fib golden pocket level ————— Key Takeaway: Need to see break of this ascending triangle to the down depending on the US Core Inflation rate we see today and a break of high volume level ————— Level needed: need a close by 134.925 ————— Trade: Short RISK:REWARD 1:15 SL: 31 TP: 452 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
1
EUR/USD still MANIPULATING traders!There seems to be no end to this sideways trend that EUR/USD has been forming for the last couple weeks. You could argue that some sort of SUPLY formed on the h1 and m30 timeframes, since plenty of volume came in to the market (news related), but still... the price failed to break significant structure and provide us with a new low... there fore, seeking sells in these market conditions is a bit risky for my taste. I'm staying away until we get a CLEAN break of this consodliation! *MANAGE YOUR RISK, TRADE SAFE!* Best regards, T.
by FerrariLover123
SOLUSDT - SellHello traders, just like ADAUSDT, the price is in strong supply zones and it is quite possible that we will see an opportunity to short! Wait for the confirmation and we can go down with a high probability! Good luck! IMPORTANT WARNING: --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Rebounds from marked zones created by trading positions of large institutions such as banks or various financial funds may not create new HH or LL and therefore it is very important to collect partial profits at least according to these rules. This will help you to keep your equity curve constantly growing and protect your funds from big drops if the price unexpectedly turns against you. But the decision is only in your hands. I personally prefer setting up multiple TPs , here's an explanation: 1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns 2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE 3) 5-10 :1 means bonus money with rest of trade volume (again 25%) Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
Short
by TraderDominik