Orderblocks
Short term Buy on GBPJPYHello traders.
GBPJPY bullish setup is confirmed. Follow to see why;
A previous week's low was formed and the price rallied up to create a breaker block.
The breaker block was then retested and a Bullish Orderblock was created in this zone. This indicated that there will be a strong rally to the upside so that the price can fill the previous Liquidity void gap.
The price will rally to the Bullish Order block above.
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Fair Value Gab/Order Block/Break of Structure | Beginner' Guide Hello Traders! i thought I would give a short review of recent Gold move and how you could spot like this price moves next time. You can also see how time and price theory work.. with NY session being the most volatile or where real price moves could start..
The charg explains everything.. take a look at it and then look at your chart and try highlighting same and similar moves in YOUR OWN chart..
Let me know what you think in the comments 🙂
Please like if you found this helpful to you 😸
Thanks all :)
US100 Short Idea (SMC)Possible Short opportunity here in the US TECH index.
What stands for it:
- potential valid order block (OB) with Momentum, a break of structure (BOS) and a bearish engulfing in a higher timeframe (H2)
- 2 equal lows below the OB, where liquidity is sitting*
- there is some Imbalance (IMB) in the beginning of the upmove of 12 May 2022
*also a previous equal low has been cleared with the downmove from the potential order block (OB)
Do you have any different ideas? If so, please let me know your feedback.
Cheers.
- Martin
LINK/USDT : Aiming for Lows at $1.60 BINANCE:LINKUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$LINK has broken below the current support zone and it just retested the broken zone.
Now There's an opportunity to take Short on $LINK with an invalidation above $8.50 as full body candle close!
But the remained risk is much more than the most possible safe risk RN.
So That's why I mentioned the second entry as the safe trade below $4.60!
If we get the closings below $4.60 then I would locate my Short on a proper retest of the broken line and aim for $1.60 where the lows are located on...
📚 There's an early sign of bearish momentum; If we get the weekly close below $28800 on $BTC's price, Then you can take Short on every coin you wanted to ;)
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Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
$BTC - Just now hitting Discount - Long Term, this is a pullbackFROM THE MOST RECENT LOW TO THE MOST RECENT HIGH, ON THE MONTHLY BASIS,THAT IS HOW YOUR FIB WOULD LOOK. We're just now hitting the discount price at the 61.8% retrace. However, in the market maker sell model, it aims for an area that there's an imbalance in which we haven't spent much time trading within. That would be the monthly gair value gap between 27,800 and 19,000.TRhis is the area Price is aiming for and may consolidate in for a while. Once it is done we should see a return back to the bullish market (wE'RE STILL IN A BULL MARKET BTW) It could take 3 months like it did last summer, or it could take two weeks.
The main thing is that it shouldn't close (Monthly or weekly) below the 19,500 mark. If it does, we're definitely in a bear market at that point and expect a continuous fall. But if it dips down to 16-15k, I wouldn't be surprised to see it turn right back around and comme up to 20-22k and close in the region (weekly or monthly)
around 21,400 there is the median of the monthly fair value gap, also above is a weekly fair value gap, and just below is a daily bulllish breaker. This is where my eyes are set for price to go before a reversal happens.
Stop freaking out people it's not the end of the world. It's called a pullback. Smart Money will help you in developing these ideas so your not selling off everything you own. You need to know how and when the market is timed and what it looks for. 1 It looks for Liquidity and 2 it looks for i mbalances. This area seeks both. It couldn't be amny louder and more apparent
Keep on keepin on
EURUSD 4 - HOUR ORDER BLOCK MADNESSHi Traders,
Today, I want to go over two trades that I took.
These were short positions on the 4-hour Time Frame.
Both of these positions were based on Order-block entries.
Once I identified my Order-blocks, I waited for the price to retrace back into my retrace zone ( The green box on the chart )
When the price retraced into that zone, my short positions were opened.
My targets previously were the price structures below.
The Risk/Reward was 1 / 4
I only enter these types of trades if the price does indeed close below previous support.
NB ONLY if price closes below previous support.
These OB positions are lovely when they show up.
Clean, simple, and easy to see.
There is no reason to make your trading complicated. Keep it simple!
Enjoy the video below for a clearer explanation.
See you all on the next one,
The Vortex Trader
Bullish GBP/USD Trade Prediction and AnalysisOn May 9th we see price run below the low of May 6th and then quickly reverses back above the low (the stop hunt). Price then breaks market structure to the upside, as indicated on the chart by the grey arrow pointing to the right. If you read my previous post, then you are aware of what we are looking for as institutional traders once we see this type of price action, if you didn't you can read my previous post via the "Related Ideas" section at the end of this post.
Institutional traders directly highlight the bullish candle which initiated the stop hunt beneath the low of May 6th. This is our 1H bullish ICT breaker block and it is represented by the dark blue rectangle on the chart. Notice how price is currently accumulating within the breaker block (the calm before the storm). My entry was taken just below the equal lows of the May 10th 06:00 (UTC-4) candle and the May 9th 10:00 (UTC-4) candle. I placed my entry here because I expected price to stop hunt the sell side liquidity below these equal lows (this stop hunt is shown by the higher white line). Notice how the candle I entered on trades below the white line and then reverses, closing above it. This is the exact same phenomenon which occurred on May 9th and can be seen more clearly on a lower timeframe. My stop loss is placed below the close of the 1H +OB (represented by the light blue rectangle) giving the trade sufficient room to breathe. My target is placed above the current high of the week (represented by the lower green line) at the start of the imbalance formed on May 5th (represented by the upper green line).
The trade is framed on the weekly bullish order block equilibrium level. Price doesn't quite reach this level but given the market is currently trading within the 1W +OB the trade is still valid. The market could trade as far as the 1D -BB level represented on the chart by the red line before we see any selling return.
Note that GBP/USD is currently in a long-term downtrend and as such this is a counter-trend trade. Price could easily fall beneath the lows of May 9th and continue its downward trend. As traders, all we can do is follow our rules, buy and sell at levels which make sense and let the market handle the rest. If this trade loses I will not be bothered or angry because no system is perfect. A wise man called Mark Douglas once said "the trades we lose are the expenses we pay in order to be available for the trades that win," or something like that haha. The point is there will be losers and winners, as long as your winners pay more than your losing trades take away, you can make it in this business.
Thank you for reading and may the markets be with you.
The new lowsI choose to hedge and wait for the new lows to occur;
Once we start to loose market structure, it is likely this is the top.
Personally, I am more inclined to believe this is a running flat as opposed to the expanded one because the coin has been in a very strong downtrend. Every rise is a sell opportunity.
GBPUSD Small Countertrend Long PositionHi Traders,
Yes, GBP/USD is still falling along with many other markets.
We have not bottomed out as yet – No confirmation suggests a reversal as yet.
If the price retraces slowly back into the yellow zone, I am looking at a small buy position.
It is a countertrend trade so I will be risking a very small amount.
We have a large bullish impulsive candle that took out previous price structure.
If the price retraces with low bearish volume, I would consider jumping in on this counter-trend position with a Risk/Reward of 1 / 4.
Have a great day.
See you on the next one
The Vortex Trader