US100 started to create bullish structure, with clear demand zones, after obvious accumulation on HTF.
📉 Text marks:
🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL.
🔹 ph, pl = protected high or low, which holds current structural impulse.
🔹 bos ...
SMT = See related idea on the analysis of what Smart Money Theory is.
$dYdX seems to be the only crypto worth trading at the moment. As it hit the top of the Daily bearish order block and started reversing. Wick may have went through each side on the 4 hour but two four hour candles closed inside below the median of the Daily bearish order block . This is...
Entry - 1206.93 (1207)) (NOW - )
S/L - 1267.49 (Must close above on the on or 4 hour chart before I will manuall remove myself from the trade, otherwise it m,ight just liquidity run through th number and drop)
Take Profit 1- 1150.27
Take profit 2 - 1120.36
Take Profit 3 - 1172
SMT= Smart Money Theory. See related Idea. ASmart Money does not focus on...
Hey Traders here is a quick video that explains how to use the Commitment of traders report before you make a trading decision. This is a government report that is released weekly every Friday. The report will show the institutional current futures market positions from the previous tuesday. The benefit in having this information weekly is that it will show you...
There is a potential buy setup here
Based on smart money
We are in an Poi= point of interest
We would be waiting for a coch before entering a trade
Ideally I would look in LTF to check for further liquidity to grab
The creating a choch
I Always use an 1% risk
This is my view for this week on:
- SP500 and NAS100
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
I really hope you liked this content and I would like to know what do you think about this...