Orderblocks
SHORTCPI Results on 10th Nov resulted to a weak dollar, thus the rise of Gold during and after news release. According to Dxy analysis, I don't think the weakness will last long as it is approaching some major levels. Gold is also on major supply zones. Best zone to take a good short is around 1750/1765 area and target the indicated levels. All other sells taken should be short term unless 1728 is clearly broken. All the best
GBPUSD H1 potential long positionGBPUSD has moved bullish for a month and a half (lowest on sep26)
if price backtests demand zones (which are given on chart, the green block)
and appears apparent signal, consider placing long position
TP approximately set RR2
Personally prefer waiting for price backtests lower demand zone
Placing order at upper demand zone please confirm "bullish signal appearing"
US CPI will be announced on this coming Thursday, to avoid the voliate, can consider manually TP if you place the order.
All are personal opinions, not investment advice!
#GBPNZD thoughts 💭#GBPNZD thoughts 💭
After a picture perfect H&S pattern has been printed on the charts i'm now trying to find the best way to capitalise on the continuation downwards.
We have two zones marked up in which I'm interested in looking to short from! Until price move's into these zones I can then make a judgement on to when to execute a position.
GU Price Action for WC 1107 - Short upon LTF BoS confirmationMTF analysis are in the anchored notes for M,W,D,H4, AND H1
Annotations/ Notes and Markups are on the charts
KEY LEVEL = Tried & tested S&R zones
S/R zones are labeled as S/R zones
High Impact News / Potential price catalysts: (My time is GMT +8. Adjust according to your timezones)
TUE, 11/08/2022, (NO SPECIFIC TIME) - CONGRESSIONAL ELECTIONS (USD)
THUR, 11/10/2022, 9:30 PM - CPI NEWS (USD)
FRI, 11/11/2022 , 3:00 PM - NOV 2022 GDP STATS (GBP)
FRI, 11/11/2022 , 11:00 PM - NOV 2022 Prelim UoM Consumer Sentiment (USD)
SPX 10/31/22 Choppy Sells Today was a good day but a choppy one. Took 3 sell entries and all of the were stopped out. Took 2 additional sells this morning at the open and those went straight to SL, traded a bit too tight initially this morning but the SLs weren't large at all took about a 3% L on those.
The remaining trades were taken off of the -CHOCH (Change Of Character) and -BOS (Break Of Structure) on a couple LTF order blocks on the 1m, 5m, and 15m charts.
Closed the trades for partials manually and left the stops at break even to eventually end the day 9.61% up.
GBP CAD LONG TRADE hello traders
In a session, I am looking forward to a buying opportunity for the GBP CAD targets, as shown in the chart
Analysis
There is a break in the wall of sellers with increasing momentum for buyers, so if the price reaches the mass of orders before breaking the high, we can execute a buy trade
Possible buying opportunity LINK CryptocurrencyWelcome
We have a break in the structure with an increasing momentum for buyers, so if the price reaches the block of orders before breaking the high, we can activate a buy trade, then the targets are as shown in the chart. If the high is broken before the price reaches the block of orders, the order will be canceled
GALA/USDT SHORT TRADE hello traders
In a session, I am waiting for an opportunity to sell the cryptocurrency Gala, first target 0.04375
Second level target 0.04196
Analysis
The price has arrived for a block of sell orders on the daily frame, and there is liquidity that has been grabed, and there is a momentary on a 5 minute frame for sellers
And the price is going up in a corrective way, so it is expected that it will reach the supply area and we will get another moment for the sellers
What is OrderBlock ⁉️ ‼️ Order Blocks are candles where Market Makers (Banks) have placed their positions, generally, the market returns to those candles and they are never violated.
There're 2 types of Order Blocks:
1. The Bullish Order Block is the last bearish candle before the bullish movement, that Break The Market Structure Higher. Represents a high possibility of holding the price, when the price returns to it.
2. The Bearish Order Block is the last bullish candle before the bearish movement, that Break The Market Structure Lower. Represents a high possibility of holding the price, when the price returns to it.