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EURUSD LONG 8/23/22 TUESDAYEURUSD LONG 8/23/22 TUESDAY DOA -KILLZONE TIME: 5:15pm -SESSION: Asian -TIME OF EXECUTION: 1:00am -DATE: 8/23/22 -DAY OF WEEK: Tuesday Night Entry -POI: CPE -RR: 1:2.74 -POSITION: Buy Limit -SL: 38.9 -TP: 106.7 Moral -Market had Bullish Expansion previous day and left FVG -Bullish Doji on Daily Chart signaling reversal -Discount Market -15Min FVG Results -Goal reached!! -Took forever was in drawdown for a long time -Seen 1k and snatched -Took partials and placed SL in Profit Lesson -Good Patience tester -Great job at managing the trade -Keep it the good work
Long
by officialbocaintommy
[SMC] BTC/USDT Demand & Supply Price ActionHello Gents, Let me briefly explain the analysis. 1) Macro View: Bitcoin is in a bearish order flow state. 2) Micro View: major CHOCH, we entered the corrective wave phase. A correction for the bearish order flow. hence we can notice the new bullish order flow. 3) The recent marked Demand level used to be a supply price. This indicates an S2D flip. 4) Next supply price is at almost 27k. 5) My opinion: price action will play out in a range between new supply and demand levels. Share your comments or questions. Cheers, FX Wabz
by FXwabz
$APE and Your Fib Matters - Price at premium to sell *SMT**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. Start thE 0% of the fib at the candle that has the big drop that is the first out of line of running sideways. Run your fib 100% to the bottom, price has retraced to an institutional premium in whic it should then Sell off. This is TEXTBOOK SMART MIONEY TECHNICAL ANALYSIS Previous Listing Deleted (odd text got on the chart somehow)
Long
by BodiesXWix
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