As you can see an orderblock is there (The red rectangle).
Based on market situation in next days, We should decide. But something big is there.
Wait for it :)
ASXAUD Australia 200 (ASX 200) Bearish Trade Setup - Potential Reversal at SMC FVG Order Block
🔍 Technical Analysis:
The ASX 200 is approaching a critical zone on the chart known as the SMC (Smart Money Concept) FVG (Fresh Virginal Ground) Order Block.
Historical price action suggests that this area has served as a strong resistance level in the past.
Key...
Regarding our observations, currently there are Absolutely more buyers in the market.
Buy setup is just valid after breaking the middle of bearish channel
Currently there are Absoloutly more sellers in the market
any breaks over the 1.3500 could be a good sign of a risky bullish move. (we'll risk half)
any breaks belowe the trend line could be a good sign of bearish move.
Best regards, Alisignals
When you look at a one-hour timeframe chart of the EUR/USD currency pair, you see a large number of order blocks, and for each one, with proper planning and observing Wyckoff patterns, you can create a good plan. Sometimes, due to rapid growth or decline and not recognizing the pattern, we don't enter into these types of positions. So, recognizing the Wyckoff...
As you can clearly see from the chart:
-Price reacted to the weekly Swing High and created a change of Character ( ChoCh), Which left an Orderblock (OB).
- Price came back to mitigate the OB after sweeping the trendline liquidity ( $$$)
-We would probably see price dropping lower to fill in the fair value gab( FVG).
Please leave a like and comment if you find...
EURUSD down break the structure of consolidation area.
Waiting for short position at order block 15 minutes around 0.9860
Due to high volatility, Stop Loss @ 0.9710
My Trade Plan is:
Short = 0.9860
SL = 0.9710
TP = 0.9610
This is another test of an idea using order blocks. Bearish and Bullish Order Blocks are marked. Think Ethereum must correct more before going up too much more or it will be an epic failure. I would never buy Ethereum at this price so why would most other people? For this uptrend to be resumed iit needs to finish the correction. Here is kind of how I see it...
Market bought corrective into Monthly OB for a retest. Also, we have psychological level 1.0000 at this OB. We are also seeing trendline confluence supporting our Sell bias.
Market could fall to 0.9000. We should also take note of how price reacts with the lower trendline of the inside channel.
*** This is just my opinion. It doesn't serve as financial advice ***
Hi Traders,
Today, I want to go over two trades that I took.
These were short positions on the 4-hour Time Frame.
Both of these positions were based on Order-block entries.
Once I identified my Order-blocks, I waited for the price to retrace back into my retrace zone ( The green box on the chart )
When the price retraced into that zone, my short positions were...
Price seems to be displaying a change of character, shifting from bearish to bullish momentum. This presents an opportunity to take a short term long position. Waiting for a confirmation entry is key here.
Allow me to show you how I do it.
The price had an impulse after my previous analysis and now the price is testing again the dynamic support on the daily timeframe.
On the weekly timeframe, the price is going to create a triple bottom on 0.2$.
the price has a Demand cluster of 0.20, and we could see a spike on it in order to grab new liquidity for the new bullish impulse
How to approach?
We are...
As we can see, price has already come down and tapped into Fridays low and bounced up. Waiting for price to come down and mitigate the imbalance created in the market and then tap into the order block. This is when I will take my buy entry (stop loss just below the order block) - the first target would last week Fridays high and the final target would be the...
ahhh, and the orderblock i just outlined was just luck? coincidence?
research it.....
- LAST UPCLOSE BEFORE THE DOWN MOVE
- IMBALANCE INBETWEEN
- DISPLACEMENT AFTER IMABALANCE
- WITH DIRECTIONAL BIAS.
