Orderblocks
EURUSD ICT OTE Entry, Short sells with logical approaches HTFthe chart basically says it all, Not much for me to expand on here, I believe / hope I am at the point in my trading and studies on this system where I can safely simplify.
I hope this marks progress for me in as much as, I can now explain the theory (I believe) ICT is teaching, Loosely of course as OTE was my first venture and now I am expanding my knowledge with the new material.
To put it simply
I want to see several things happening that line up and present me with a Low risk, High reward entry.
IF the HTF Bias is in the direction of the trade
and THEN
The market moves against the higher move
And
1. Sweeps liquidity taking highs or lows
2. Hits an optimal trade retracement of a recent impulse leg (A relevant leg)
3. (this isnt a must but its a bonus) Hits a big figure or mid figure clean number
4. Shows signs of reversal, Displacement, breaks of inside structure, Reversal stages or counter trend exhaustion.
THEN:
I am presented a low risk opportunity within the confinements of time, This is usually within the LON NY session.
With a logical target that I can justify an expectaton of price movement to.
THEN I can trade. . . .
If you just back test that, you will not only discover positive results, You will start reading the tape and plotting the story while looking at the chart as evidence, This is a superior understanding.
This is what I search for, understanding, Knowledge, accuracy in prediction.
That's much more that a profitable trade.
ALICE still bearishALICE the gaming coin is bearish since making ATH. Here what we found on chart
Analysis:
Two untested order block on H4 and D1 which has probability to test before going down
But before order block there is a H4 support which is now acting has resistance which increase the probability in a retest and going down from here
Below this resistance we have found 2 order block which is the last major support for ALICE presenting a golden opportunity for long term holders.
Buy what you see on the chart not what you think will be on chart. Adjusting trendlines is not what we do.
DENT short setup comingDENT is continuously falling inside a descending channel since November and there is more to it.
Analysis:
Found 2 bearish orderblock which are untested so its a high probability before continue trend they are going to be tested
Broke major structure, found support on 4h block and going to test the upper 4h block as resistance which is near order blocks
Entry prices are on chart take action as per Price Action. Why?
Because Birdy trades what they see on chart not what they think will be on chart.
ALPHAUSDT in descending channelALPHA approaching weekly support and from there it will go on liquidity hunt towards the untested orderblock.
Analysis:
Trapped in descending channel
Testing 4hour as resistance
Traveling towards weekly support
Will hunt liquidity from below order block
Entry: 0.3161, 0.2646 and 0.2216
Stoploss: whatever you can afford to loss :)
BUY - to - SELL Idea on EURAUDWe are currently trading from a trendline support pushing price higher while it creates liquidity above a demand level. Also we have that unfulfilled imbalance on 4H timeframe along side resting $$$ below the supply above which I'd be looking to short from.
All things playing out in this order will deliver a 145+pips from where price is currently as the BUY Trade, while SELL Trade will deliver a 400+pips from the supply zone.
US30 POTENTIAL BUY Price has the potential to move higher from the retest of the retest of the 1 minute bullish orderblock.Wait for bullish price action on lower timeframes to confirm the move.
GJ POIs etcIf price enters an area of Supply, during London/NY open, an aggressive entry may be valid as liquidity has been taken on it’s way up. For bigger (or not Discount/Premium) POI’s, or if Demand is beginning to be respected, I would want a CHoCH/confirmation and then potentially short from the new LTF Supply, targeting 1-4hr FVGs/EQLs etc
Stops to BE after breaking significant 15-30min structure, and trailed as structure is further broken.
BITCOIN POTENTIAL LONG SCENARIOHi Everyone.
Thanks for reading my post.
Looking at the current price level that BITCOIN has pierced through which is the Low of 28850. This is a Bold INTERMEDIATE DOWN TREND LOW and piercing slightly below it to 26700 and recovering back above it has open a significant door to Long Opportunity.
I believe BTC is a Long term UPTREND and we have hit a level that if held i.e 28850 as it is currently holding am calling a BUY OPPORTUNITY IN the BTC to at least 39K to 40K region in the near term.
Couple with the fact that the last 2 weeks volume started to dry up from about 900K plus 3 weeks ago to 300K plus 2 weeks ago and 400K plus last week, it is glaring the SELLING PRESSURE has eased.
My SWING TRADE CHART POSITION on 4 hour chart has seen some clear END of DOWN AUCTION pinbar or Single Prints on DAILY and 4 Hour Chart.
Also my hourly Chart has tested the some liquidity lows or Support levels and grabbed some liquidity which is an important part of the Order Block Manipulation and Liquidity grab @ lows between the 28900 and 28600 region.
Am calling a BUY OPPORTUNITY around a retracement back to 29400/200 buying zone.
I am believing if price trades below 28000 then I will be reanalysing this BUY OPPORTUNITY which makes it my Stop Area.
I am targeting at least 39K to 40K price level with this call.
Happy and safe trading,
Thanks you all.
$TRX - 3 Confluences To Short It *Smart Money**SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
TLDR;
Entry 0.0806 (Already Entered but we have a long way to go so enter soon)
Stop Loss: 0.0847 - 0.085
Take Profit: 0.073541
If you look at the Daily Chart My entry is based upon the Bwearish Order Block (Bottom Last daily green candle before the high). As price seeks liquidity or imbalances, I believe its heading for the imbalance in the 4 hour chart, The fair Value Gap And then if ypou look at the 4 hour theres a Fair Value Gap at 0.073541, Near this same Price is the Discount Price in the Dealing Range (Dealing Rang Example ,
Discount Price is 61.8% of retracement)
Also in this same area is a bullish order block on the 4 hour
So thats the 3 Confluences. 1. Fair Value Gap (4HR) 2. at the Discount Price of the Dealing range (Daily Chart) 3. Which is also at the Bullish Order Block (4HR).
This is where smart Money would be aiming to buy up more TRX at a discount price as it goes past two areas of relatively equal lows on the 15 min chart where most retail traders stay.
They'll believe these to be Support Lines, when it's a false sense of support as Smart Money wil drive the price deeper just to buy Cheaper.
Good Luck and Happy Trading BINANCE:TRXUSDT
BINANCE:TRXUSD
KUCOIN:TRXUSDT
OKCOIN:TRXUSD
COINEX:TRXUSDT