daily: The price opens up on Monday failing to take out the previous day's high, so the price is trapped between Friday's price action, 4hr: price is still in the premium of the bullish trading range, I still favor price falling lower into 4hr or daily bullish order block and finding support there for longs 1hr: I would want to buy side liquidity taken...
Price rallied higher Friday closing the week out bullish taking out a month-high buy-side liquidity level. I am anticipating a continuation but would first like to see some sort of retracement into any one of these PD arrays or maybe just coming into 61%/discount of the Fib -27 in perfect alignment with potential BSL target
Sells are viable after price retraces to the FVG. Wait to see if price respects that area first though.
On 1H TF DYDX has broken out Resistance by Descending Trend Line and now it's pulling back to retest. I figured out the Fair Value Gap around 2.335 if it bounce back after hit this zone can join next bullish trend with invalidation level (stop loss) below 2.275 Wait for next move
Hi, I can see at least two Liquidity Pools on Medium/Higher Time Frame for EURUSD, and price is likely to seek these. The question is if it will go first below or first up. Instinctively, I usually want to trade upwards or the reversal, but since price short term is already downwards, and thus closer to the lower Liquidity Pool, then perhaps that is the wiser...
Weekly Chart: Traded into last week's bearish engulfing candle and then took out its low. Traded into a +POI (W+FVG), wicked near MT at 4236.6 Weekly Idea: Because we are bearish but entered into this +POI, with may get a bounce but would look to see if the PWL is taken out for a continuation lower. For now, I'm 505/50 on this mainly because of the W+FVG. A...
Weekly Chart: DXY and GU both have reach POI, on DXY a W-OB and on GU a W+FVG. In this scenario, I'd be looking for DXY to see how we respond to the PWH if we fail to take it out and trade back into last week's range, I'll look to the downside potentially. If we trade through it, the +LP at 107.993 will be the next draw. GU will have to deal with the W+FVG and...
On weekly tf we can clearly spot an inverse FVG which price will likely mitigate before going back down to fill monthly FVG. Considering the bullish trend as come to an end for EU looking at MNTLY TF, a clear shift in market structure will ultimately lead to a small retracement into fair value price or premium as price is currently at discount price. Dropping down...
Chart 4H TF BINANCE:API3USDT has broken and closed above resistance at 1.14 Now, it's pulling back and trading to 1.124 now API3 has support around 1.07 this level is supported by ascending trend line begin from 0.83 Besides, API3 has Fair Value Gap around 1.1 Wait for next move
Weekly Chart: Price took out the PWL and the August low into a W+OB and we did close positively for the week. We did create the low of a W-FVG (not drawn but, it's there) and price closed near the middle of the weekly range, Weekly High 14906.5, Weekly Low 14429.3, Weekly Mid point 14667.9, Weekly close 14741.8. Weekly idea: Price took out lows into the W+OB but...
Yesterday I entered long for GbpUsd. The R:R is quite good. Min 1 to 2. Whenever price hit the imbalance zone of 4 hours chart I plan to take 50% off from the market and leave nother 50% at break even and let the market unfolds. Who share the same thought? Trade with care. Don’t jump in. May the pips be with u. Happy weekend.
all fair value gaps short entries are not valid anymore this triggered multiple inverse fair value gap entries on daily chart are you waiting for a fair value gap long entry or simply enter now?
Familiarizing ourselves more on IPDA Ranges to help form daily bias and to work on high time frame analysis. The first idea we ever published was actually a very similar thought but now that we have a better understanding of how to use IPDA ranges we wanted to post what we hope to be a more accurate version of what is to occur in CME_MINI:ES1! price action. We...
NYSE:TSM is showing the following bullish signals in the Leave A Legacy Indicator: Test of an uptrend created from the low of Dec. 2022 and April 2023 Reached fair value gap created throughout May Break & Retest of high ($91.88) from April. Swept buy side liquidity from the week of Aug. 14 (Untested Low $89.56) CONTACT ME FOR ACCESS TO THE INDICATOR/SCREENER
Now that I have 2 funded accounts, going to use one for swing trades with around 1-2 lots just cause I'd like to have 1 funded account on a higher TF level. I find Swing Trading 1 account will let me keep my higher TF bias in check or analyzed consistently without choice, and so I am starting it off with this SPX trade. We've had Equal Highs into a previous FVG...
The price made a Change of character breaking the upward move. It retraced to back to the order block that changed the character and it is now at the Fib level of 50% retracement. Watch for a rejection of the price to a lower timeframe to validate our short.
This analysis is taking a Falling Wedge set up on SPY Futures mainly from the Daily timeframe. The recent trend in price in bearish and approaching an area of value for a trade. Awaiting confirmation of a reversal, ideally we would enter this trade. I am also publishing this idea to demonstrate for myself and others how price can interact with the Fair Value Gap...
Weekly Chart BINANCE:SNXUSDT has tested and failed Head Shoulders Pattern so it's still in Triangle Pattern We zoom out to daily chart Now, it's trading at 2.31x and can be down more I found a fair value gap (FVG) around 2.15 and this level is also a confluence zone by 0.618 Fib Re and 1.618 Fib Re That's why I think SNX will bounce back with nearly 20%...