- Simple trade whereby price previously took out a week's worth of EQH's and so liquidity and then reversed with high momentum to the upside suggesting a possible IC region price would like to come back to satisfy. - Further confluence would be the double bottom formation on the lower timeframe creating a pool of liquidity below price and so a possible spike down...
NZDUSD is finishing the Accumulation Phase and slowly moving towards Distribution , we should first see Re-Accumulation and a Correction in the uptrend before starting Distribution. Trading with the Smart Money - Wyckoff Method.
We had a sharp impulse downwards towards our IC level where we satisfied the region and now I am looking for long opportunities to ride this to 0.86000. With a 30 pip risk and a potential 325 pip reward we have a 1:10 r/r.
XRP has only just broken even with a previous buy trade banks had running, by them breaking even with this buy trade allows big banks and institutions to now put a huge amount of sell orders in. Price should go all the way down to 0.16$ to take out lows that still have liquidity. Furthermore, there is a lot of imbalance that needs to be fulfilled @0.22-0.21$ so...
Welcome! I´ll keep this short and sweet, as always. Apart from the professional traders or maybe those who have been in the crypto game for quite a while now, nobody knows that Bitcoin´s price action isn´t dictated by Bitstamp, Binance etc. but by CME Futures. As they are an institutional broker, they essentially represent smart money. Looking at CMEs, the...
- Analyzed this potential trade in detail to keep note of my trading method. - Also a potential trade I'll be looking to take once price reaches my projected key levels so I'll be keeping an eye on this one. - Still learning ya'll so constructive criticism is welcome. - Cheers
gbp usd has broken and retested the demand zone, banks/institutions have longed this from previous daily demand (green) and have no takene profit which is coincidentally consolidating around minor demand zone. These sequences happen over and over and over again. Typical rally base rally move. Expect big bullish candles to occur.
On the weekly timeframe, we can see the weekly IC level had attacked the previous high made in April. This gives me a reason to believe there was some sort of manipulation play and therefore the price may magnetize towards this region to satisfy that IC level. However, price may ignore that level for now as there is another set-up playing out in the 4HR timeframe...
Institutional explanation on reasoning of entry and target.
I have a bullish bias on EURUSD, however before we see this bullishness come into the market, I want to see big banks and institution take price down to @1.09500 to remove all liquidity from the market and use this liquidity to push price on EURUSD back up to 1.12400. Due to the Fibonacci extension lining up with my entry shoes that this could e a profit taking...
We have an IC point at the top of the swing right above an Imbalance in the market where I would like to see price close the gap in the market which is highly anticipated. A move upwards to 111.960 (our O.P.E) will mean a move into the 978-886 fib region which is a region of high reversal. This set-up may work or we could potentially see price drive higher to our...
USDCAD short position now activated as our daily IC region was satisfied. I now await CAD weakness to allow price to dive and created a retracement of the bullish impulse it has been creating for the past few weeks.
We have two EQH's that formed below our IC region. I'd like to see price spike upwards 60 pips taking out the liquidity of both the EQH's and also taking out the sellers of the accumulation playing out on the 15min TF. I will look to execute this trade noon tomorrow at the start of the New York session with all the medium-impact USD. With a 30 pip risk and 250 pip...
A detailed view point on where banks are taking their trade and why they are taking their trades. This all is institutional explanations and they strategy revolves around how banks use different techniques to show fake moves but they are only showing these fake moves so they can use retail liquidity to project the real move. Put SL 30 PIPS below entry.
🔔 EURNZD Speaking from a weekly perspective I am overall bullish for EURNZD as we have a 900 pip retracement to fulfill for the previous bearish impulse. Price has created three distinctive higher lows and I would like to see this move Euro strength push this pair to the upside. In the meantime, there is a smaller set-up playing out in the lower timeframe, and...
Banks taking out retail traders previously with a massive bullish candle, however banks have not broke even with that manipulation spike yet, so we could expect price to come back and visit that area. Therefore, I am looking for longs on that pair.
So here we have equal highs that are viable for stop raids and will continue the narrative of a LONG USDCAD scenario to be continued to play out. After the equal highs are taken we look forward to a decent to the downside giving way for other currencies against the Dollar to recover.
🔔 EURJPY This is a similar trade set up to EURCHF; we have price reach into our IB level to balance out the market and take in order from buyers. Now that the IB is closed we see price rejecting the downside suggesting potential shift upwards from the market enticing investors. However, we have the 50% of our SC level which has not been satisfied yet so I would...