After price took out liquidity we can see as price is pulling back to institutional level, A shark pattern spotted which congruent with the institutional manipulation. Going for a quick 65 pip with a 1:10 RiskReward. Price might react towards tp or shoot all the way down, whichever way we watch the reaction.
Price approaching an OB (h4). Coming down to the 30 minutes time frame, a deep crab pattern is projected aligning perfectly with the 50% of h4 OB. Expecting price to drop from that zone filling up Imbalance, creating a higher low and continue the initial uptrend.
Possible entry. Look breakeven after filling order.
Pending orders filled. Manage your position: look the breakeven level
Price is currently trapped on the is pair forming a bearish pennant kind of pattern. I'll be looking at price to do a false breakout triggering the H4 OB and then the drop. Here's my bias on BTC, comments are welcome.
Daily chart on aussie dollar looks really bearish. We had a nice break of the institutional/key level of 0.67 and looks like price is going for a last kiss. This idea also correlates with 50day EMA. Personally would prefer some price action candlestick to take place at the propose level. #tradesafe
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...
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...
🔔 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...
🔔 EURCHF UPDATED POSITION EURCHF has reached our weekly SC region and I am now looking for long opportunities. I would like price to spike up to 1.07610 and take out the seller's liquidity and return to around 1.06850 to add to the long position which is at the 786 fib level for extra confluence. Seeing as we have medium-impact Euro news release to the end of...
Smart Money Concept. How the banks trade your money
Smart Money Concept. How the banks trade your money. Update from the very last AUDCAD Long setup. Enjoy :)
Looks to me as if the institutions are taking price to the upside, In lue of the Long story, What seems to have played out is the sell off right before the up move. Giving us the buy entry Between the 1.29 and 1.30 levels. Since there has been tell tale signs of institutional sponsorship, we are looking for more upside potential to USDCAD