Orderblock
Potential Shark Forming 🦈🦈US30 - Daily Shark Complete at strong demand zone, im looking to now trade US30 back up to the 34300 level with the LTF shark (This is a retracement so if your trading this be careful with your lots. This Daily D point has given us a nice bounce and BOS which is indicating a possible trend reversal but remember the second shark D point is a 1.13 so price could drop a lot lower before reversing, but with current confluences im confident trading this retracement up to the the 34000 then i'd be looking for reversals down to the daily 1.13.
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
BTCUSD FOLLOW THE MONEY! TLDR: If there is any chance of breaking up we must go way down first.
Currently the BTCUSD pair is enjoying a band of bids on the DTF. We've completed another range, initiation, mitigation cycle and waiting for continuation. This pair has tried unsuccessfully numerous times to drop below and retest support (dashed green lines). There is a sizeable amount of asks below 40,130 combined with weak hand sell off which, if broken, will drop BTC below to retest support at 32,484. Bids located between 32,484 and 28,820 however liquidity is shallow. Likely scenario would be to wick down to 28,820 from 32,484 to retest support and grab those bids. After confirmation retest of 32,484 from wick down look for BTC to range for liquidity once traders realize bottom is in. Less risky would be to wait until above 40,000 support turned resistance. Least risk to go long would be above the 53,000 area unless trading the pullbacks, as an area of great concern is the amount of asks in the 48,000-52,000 range, (yellow bordered box), and fenced in by strong resistance. According to Vwap map and order block indicators plus several reports including one from Forbes there are tens of millions in dollars of asks above 46,000. Well over $20 mil between 48,000-52,000 alone. Located in the zone is a large order block that will make it a very turbulent range. Take note of where the order blocks are (Dotted lines. Green is good for entry, yellow indecisive and red for exiting if looking for entry and exit points.) as that indicates where the big money interest from institutions and banks is located. Narrow one placed between 38,413-37,555 but as I mentioned before, there is going to be allot of institutional interest above 50,000. Note that on HTFs order blocks are predictive to an extent, I'll update post with LTF and it will be self explanatory.
Hope you find the chart informative, have a great day and trade safe. Keep your powder dry ATM...
AUDUSD Markup 15min 17-2-2022AUDUSD is following the orderflow so we go with it. We don't wanna try to catch the reversal So for now,
we look for buys. I did marked the supply zones for us to keep in mind for potential sells but it needs to be clear.
this is no financial advice, just a markup I'm not telling you when to buy
Potential Shark Forming 🦈🦈NAS100 - Looking for a pullback/imbalance fill before a continuation to the downside wiping the liquidity and completing this shark pattern.
The D point is landing in a very nice looking PRZ
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
AUD/USD 1-Hour OrderBlock And 15-Min DivergenceHi Traders,
Having a look at AUD/USD
We can the channel that the 1-Hour is in at the moment. This channel is trending upwards.
We also have an Order-block zone highlighted in yellow.
On the 15-Min view, we also have divergence across the two peaks which could be forming a potential Double-top with divergence in the MACD
This is a good area to go short
I am monitoring this and have entered into a short position.
See you all on the next one!
Weekly Gold AnalysisWe have recently broken a swing high
this triggers the algorithm to seek higher prices
In order for them to do so they need to create a swing low
to get in trend with the market.
The algorithm buys in down candles not up candles.
We also broke a swing Low on the weekly when gold traded to 1780.
If we don't break the Previous weeks high this will complete the weekly swing High formation.
Once it is formed we can go short on the 3rd candles low.
4-Hour Order Block Madness On Gold!It’s NFP Friday today.
You know what that means—volatility Volatility Volatility.
I always avoid staying out of the markets on NFP day but let’s still look at what gold did today.
We are on the 4-hour chart.
I have marked up an order block, as you can see on the chart. An order block is an area of interest that market makers use to access extra liquidity, which they can then use to push the price higher or lower. I’m the case of going short; I would always use the most recent bullish candle before an impulse lower. As we can price came right into the order block before dropping lower.
This is what sniping is.
I don’t usually trade order blocks on the 4-hour. However, this one was too good not to show.
If you were looking to short Gold ( XAU ), You would have opened a short position in the middle of the OB. This is always a safe play. Put your slightly above the OB High, and your target would be the liquidity zone. This would have given a nice 1/7 RR.
Order block sniping requires much backtesting and creating your own set of rules – just like any other strategy.
This is a textbook example of how price returns into the OB zone to collect liquidity before moving lower.
Interesting? Yes,
Would I trade this on NFP day? No
Let’s keep watching and see if gold can present us with any setups next week.
Have a good weekend, traders.
330 pips bagged and I called the swing right here on tradingviewI made it clear when I sent out this signal that if you're taking this trade, that you should hold with a swing mindset and 330 pips later, boom 💥 !...
With a 20 pips stop loss from 1.11200, we bought and held till price hit 1.14500...the data is all here !.
Divergence at the end of a trend cannot fail you when you know how to trade it, especially when italigns with your other confluences and then the smart money concept of order blocks and break of market structure and the likes.
Go ahead and view my profile here, you will find out that 98% of my ideas here are all divergent trades !.