Swept two previous highs now, into local supply. If looking to short I'd take it on a lower timeframe break of MS and bearish retest targeting the grey box. Ultimately I'm looking for longs and would like to add more in the grey box if we get it. Cheers
Topglove “Conservative” traders may wait price to break RM1.140 which is CHoCH level ( subwave wave B (yellow) of last impulsive wave 5 ( Cyan Circled) to “ confirm the “long term” downtrend is “game over “ and waiting to buy at “pullback “ after the “ break out.”
Gold. As a “contribution” to tradingview ( many thanks to tradingview for providing such a good free charting platform) community ( Today I’m going to share my own interpretation of OB ( order blocks), and most importantly where is the “exact “ location/pivot/level of CHoCH ( change of character)?. A concept with BOS ( break of structure) which has been used by...
DXY is showing the willingness to go higher, which should lead GBPUSD to go lower. We have an M formation. When we have an M formation, we want to see price retrace up to its neckline (the lowest point in between the M). Price created a Volume Imbalance / Vacuum Block in price. This is a huge gap that price usually hurries back up to fill. I expect the...
Here EURUSD sell opportunity at POI as smart money concept, take your entry after getting LFT confirmation with proper money management.
I see a possible Order block short setup on EUR/USD in the 4-Hour Chart. Last week, I suggested that the major 4-hour support has been tapped multiple times. We were speaking about how lines of support eventually break if the price keeps tapping the same price point. Well, we have seen a breakthrough. Now, we need to be careful of false breakouts. We have a...
3 drive pattern signalling potential exhaustion with confluence of the 4h OB. R.R 3.19
Today I am trading a possible Order block setup on EUR/USD in the 4-Hour time frame. Looking left, we can see that we had 4 wicks touching the previous support level. We then had a candle push through and close below that level. This setup is very similar to yesterday's post on AUD/USD. The same rules for the position have been met. I looked for the most...
Usdjpy has created a bearish bat pattern in h4 chart, we see the XA leg as an impulsive leg because the swing in A broke a previous low and this thing is really positive because shows that the sellers are becoming stronger and it could be a first signal of a Change of Character (market changed from bullish to neutral now). We have fundamentally 2 possibilities to...
Today I am trading a possible Order block setup on AUD/USD in the 4-Hour Chart. Looking left, we can see that this major support level has been broken. This support level has been held since July and only was broken yesterday. We saw the price close below this level clearly showing a break in this level. I looked for the most recent bullish candle before the...
We can see the Dollar Index moving towards the daily highs by means of trendline liquidity.
Hello dear friends good day In the daily time frame, I see this analysis of the CADCHF what is your opinion?
All setup details applied to the chart. Please attention this is binance spot chart. apply the setup to any btc chart you are willing to trade based on. I'm just sharing my idea. I'm not responsible for any probable losses may occur for you if you trade base on this idea.
Prize has broken the previous low on H4 timeframe. now prize have come to to mitigate the orderblock that started the move that has caused the break of the low. so we are expecting prize to drop from this orderblock
COINBASE:ETHUSD Check the chart annotations on this one I believe that we can get in on another possible leg up. Yesterday's shorts got stopped out, if we look over to the "Daily OB" that's an area where the price can be expected to reverse after clearing the lows below 1600.
Prize has broken multiple structures to the downside leaving imbalance which it has to come back to fill. there is a FVG above our m15 supply zone. and another M15 POI above the FVG. we are expecting prize to fill the FVG and mitigate the order block above the FVG then resume the bearish move
Prize broke the structure to the downside with great momentum leaving imbalance and creating a supply zone . we are expecting prize to go back and mitigate he OB and resume the bearish move after filling all the imbalance