GBPUSD: Daily Flows This demand should be a springboard for buyers.
Although I don't think the buy will go far, I think it will go far enough to lure in a large portion of the market before the huge liquidity zone sweep.
Once buyers are screwed over, we can look at joining the market makers with the true buy position.
Have a great trading week gang...
Orderblocks
Swing BTC daily 1D timeframe ₿BTC is in sideway from Feb 16th. We can see red high volume at zone 24785, but today I'm seeing the daily red candle close in valuable range so my plan is going to short it.
My plan is really simple. Price can move down to zone 22884 or 21405
22884 is really a strong support for now.
21405 zone will be the next support for BTC if buyers at 22884 zone could not protect their positions.
Let see how BTC goes :)
Happy trading guys :) B
BTCUSD: Death to the B*TC*After 7 years of studying charts, you start to see obvious patterns that beginners miss.
I know that the majority of the market is buying BTC now after the trend line breakout. The charts suggest it and so does the sentiment.
So what will I be doing if the majority are buying, SELLING.
I don't want to be greedy, I simply want to find an area to sell from in this region to clear some of the buyer liquidity from the market.
Anyway, it's been a while! I have committed to start posting here again.
I have nothing to sell you, I trade for fun and don't need your money - I hope you enjoy my content.
EUR/USD Might consolidateEUR/USD has reached a Premium zone which has rejected with an swing Order Block. We've established 3 new FVG's in the past day, so we might see the price consolidate for this week.
- Closest Fair Value gap starts at 1.06262
- Second Fair Value gap starts at 1.06043
- Third Fair Value gap starts at 1.05820
Watch the out for these zones, its possible that the price might reject from these zones of FVG.
- First Order Block (Bullish) starts at 1.05775
- Lower Order Block (Bullish) starts at 1.05480
Keep in mind, that these analyses might be with a Neutral effect (Which might consolidate).
A closer look at the Swing Bearish order block;
MATIC/USDT Buy setupthe price has broken the bearish channel after hitting the important 4-hour support area .
On the other hand, we have a bullish internal OB that we can enter into a safe buying trade after retesting it
Bearish outlook on EURAUDThe EURUD is currently retesting the daily supply zone making it the first time in over 1 month to retest that area.
Technically, i am expecting some fight at that zone from the buyers trying to push it a bit higher, but above that is the 2023 All-time high (Weekly Supply zone - OB).
So, you can positing yourself ahead of the fall coming in hot, sooner than later.
GBPZAR SHORTThe XA leg of the Harmonic is a Double top in itself. The huge wicks on that leg suggests large institutional volumes trapped in that region. The CD leg just broke through the last order block and we see a confluence on the 1.272 Fib and 2.000 Fib where the CD leg completes. The H1 also gives a beautiful crab pattern competing around the same region. I would say this move may wait for the release oof Non-farm data for a violent take off in the Bearish side and if not enough volume is taken then we may see a retest and a gradual Bearish movement.
Result of Previous Idea | 140pips GBPUSD | What's Next?Welcome back traders. Here's the result of our previous idea. It was published on February 21 and target reached on February 24.. some 140pips..
Explaining the trade generally:
•Open your chart on GBPUSD Daily frame and mark the exact FVG I marked above and in previous idea..
•Look at the bodies of candles after reaching the FVG.. Ignore the tails of candles that tried to trick traders in longs.
•Open H1 chart and mark the first FVG you see after reaching Daily FVG..(22Feb, 03:00)
•What time is London Open Killzone?
•Do you see how many FVGs we got on H1 and lower time frames(15m,5m,3m,1m)?
•See the opportunities that price offered in active market times (Killzones)..
Want more? Show your Likes👍
Something not clear? Tell me in comments ✍️
Short Scalp After Daily Bias Order Flow Shift BearishBias: Bearish Daily
Plot:
Price weakens and shown signs of reversal to seek sell-side liquidity after hitting an old Order Block as Resistance.
Price Daily TF forms lower high.
Price has never confirmed with Asia's 50% if may continue bullish.
Price strongly seeks sell-side liquidity until Daily TF Shifts Bullish again, but not likely as price had been going high for over a week without any good retracement.
Entry was an ICT Mitigation Block. Confirmation once price hits the Propulsion block and confirms moving downside.
BTC dump is coming? Hi dear community, I hope you are fine.
I will be short. I will update my ideas about current situation on BTC chart.
I'm looking at 2W BTC log chart by Heikin Ashi candles. I'm comparing 2022 bear market with 2015 coz they are very identical by many factors which I told in my previous analyses.
So as you see after making double bottom with strong bullish div BTC pumped from 15.5K to 24.3K as I had mentioned in my previous analyses. There is huge resistance at 24.5-25K zone/200weekly EMA, range high, diagonal and horizontal resistances, monthly diagonal bearish trendline test etc. Approaching to key resistance bullish candles became smaller/check 3D or W chart/, buying volume was diminishing, the momentum was losing creating multi bear divergences on multi timeframes, as a result of the mentioned the price rejected at 24.3K & dropped to 21.6K filling created imbalance, and FVG zones bellow 22.3K. As you see after bottom, BTC created 3-4 big green Heikin Ashi candles marked in pink box and dumped to the main market structure making HL, at the moment you can notice the same green candles in a pink zone with RSI identical move as it did in 2015)). To be honest , we need this healthy correction putting HL in current structure.
There is weekly FVG zone at 17.2-20.4K zone as well. In coming days and weeks, I expect BTC to dump to the mentioned zone and fill at least 50% of FVG which is 18.7K. More likely 18.5-19K zone will hold not only as a FVG zone but also strong horizontal support and we'll see strong reaction and bounce from that region which will lead the price to new highs)).
If you like my ideas don't forget to like and follow me for further updates. I will appreciate any kind of support.
Also check my other analyses.
Ethereum 4HR Timeframe Breakdown and SETUP SMART MONEY TRADINGA quick breakdown of ETHUSD 4hr timeframe, price chart currently looking bearish with multiple break of structure and change of character... Therefore, SETUP is looking bearish for this week to our POINT OF INTEREST: (1428) BEFORE price shows signs of change in direction or continuation to the downside..