Daily and weekly bias is still bearish. Price has now mitigated a discounted area for me to take sells. This area is confirmed with previous bearish break of structure completed because of an order block which left in efficiency with in the market because of how large the volume was the break it. Hope this is insightful. 4HR Chart:
*smt = Smart Money Theory* See Realated tutorial "Learn Smart Money" Price hit a bearish order Block, but did not break structure. Created liquidity run clearing out a path for those with buy limits near that low. tricking preople into going long. It's the beginning of the week, we should see price moving in this direction for a couple days days, IMO ...
*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 Tasla or Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will...
slow start tot the week but some exceptional moves towards to end of the week. EURUSD on the 4 hour time frame has pulled back into discount prices of a daily leg, filling in some nice imbalances on the way. we are currently sat in a nice 4 hour order block.
Looking for an buying area on bitcoin, low risk entry.. waiting for confirmation.thanks
15M current order flow is now Bullish. We had a discrete BoS at the bottom which is highlighted. We have also had two supply levels or OBs failing which would indicate bullish OF. and we are currently still sat in discounted market Note we are still sat in a DIALY OB I think there are some very nice zones to trade from both sides of the market. I...
Looking at AUDUSD Anywhere below the white line is something of value at a discounted price for a long. Two potential entry points, both I will set pending orders on. Lets see if we get an entry of any type.
looking for short term buys and long term sells. perhaps will update accordingly as the week passes
Possible long play utilizing Smart Money Concept. Easy 1/10RR if alls well ;)
Market is testing our patience and trying to shakeout weak hands. Those of you who are still hodlers, don`t give your hard earned money to exchanges, stay positive you will be rewarded generously. In this chart we explained a possible scenario where we can rebuy $BTC on discounted price. Happy trading everyone :).
Bullish long term for this company. I see it as next AMZN for online shopping. I see a big shift in influencers and other small businesses using Shopify instead of Amazon for their products.
Zoom Video Communications INC with stock symbol ZM is at a major price level of $375.17 as of market close on December 24, 2020. Some thoughts on portfolio management and risk management for new traders and new buyers looking into trading this stock or hold the stock as a long-term investment. This is a good discount price for this stock; however, new buyers...
Hello Traders, we are now in discount Mode. I think we need one more leg down to get into the "Real Fear Mode" - but Area around 315 looks very good. If BTC close the CME Gap (i think it will wick that), then we see ETH Buy zone around 290 or even 245. I will give you some updates, but first fasten your seat belt and get ready for the big move upwards
4H Looking structurally really nice for us. 15 Minute order block has yet to be mitigated. Overall looking good - Target Liquidity, Relatively big stop loss but looks nice overall.