TF (Time Frame): 4H. Price closed above inducement liquidity and OB (Order Block). In this scenario, I expect price to push higher, at least to the level of 3938.15 and maybe higher. After reaching this level, the analysis must be updated.
S&P500 has failed to touch the "Swing High", or even the Swing High close. Meaning that there is not much to trade from(in my opinion).
However, the previous range is a good reference point and is therefore more meaningful. I have indicated a Bullish Order Block, a Fair Value Gap and an entry that is at the Equilibrium of that previous range.
TPs remain the same.
The price of the S&P500 went to the top of the previous range, then to our entry and things went to plan as TP1 was hit.
A retracement is expected before heading to TP2.
Yesterday, before the huge fall, I posted:
"A lot of Bearish Confluences. The crown: Daily Rising Wedge completed after price cleared all the Poor Highs + Resting Liquidity in the Top of the Daily Range. Be safe."
Fall confirms my Bearish Plan. Not sure how far BTC will fall but its very probable that the Daily Range is indeed a Distribution scheme. Protect your...
MARKET PHASE
OANDA:EURAUD is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above...
MARKET PHASE
OANDA:EURGBP is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break lows within the corrective structure until it began to hold the bottom. There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure...
MARKET PHASE
OANDA:GBPNZD is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses)...
Currently, I'm observing a continuation of bullish institutional order flow , particularly towards the H1 Buy Stops , which serves as our Draw On Liquidity . Price action is positioned at a crucial juncture, resting upon a significant H1 Bullish Order Block , aligned with a reclaimed order block — an institutional support zone.
In this scenario, I...
In this analysis i am looking for an MMSM after the Daily FVG has been achieved, thus finishing the MMBM. Now the main thing is to refine the entry point so that we are not poorly positioned to seek a higher RR until the next Sellside Liquidity.
All analysis was done based on ICT concepts.
This is a beautiful price action.
We can see a clear market maker-buy model here.
Smart money reversal and distribution phase one is already done, now we should wait to intermediate low form and then buy.
Now, I can see the steel side liquidity formed above and inside the FVG which is a high-probability scenario for buy.
If the price continues to create a...
A follow up on my previous idea:
The price of S&P500 failed to reach the top of the current range, meaning it is not prepared to fill the void yet. I anticipate another reach to the bottom of the range, the same FVG, but this time also finding the equilibrium of the Swing High and Swing Low that I indicated.
Take Profits remain the same: At the top of the void...
After the big selloff on Thursday - the day before NFP - S&P500 left a liquidity void that must be filled. NFP helped it get out of that bottom range leaving clean lows, a future price target for sellers.
It has created a small range which we are currently in, coming off of a fair value gap at equilibrium (50% Fib).
The price targets for long positions are at...
as price closed above 15m inducement OB, i expect price push higher atleast to LQD level and in case of sweeping previous high, price would move in down trend.
and on the other hand, if price closed above LQD, wait for a structure of blue path and after confirmation take short position
I have reason on low frame weak price such as pattern reflected candle
And I have break structure
And l have high frame harmonic
So I respect the price will fall now
