The price structure remains bearish, and
respect the LH of the Points of Interest (POI),
so we will follow the downtrend in
looking for sales until you reach a possible
weekly reversal zone (1W).
As we see before the (Break of Structure) , the
price accumulates in a 4-5 day range and breaks
downward structure and creates a liquidity zone
which will be broken by...
*SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges, trendlines, channels, harmonics, etc. has any effect on how price reacts. I'm Sorry but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remembers...
Price action and chart pattern trading setup
> Bullish Flag sideway down continued - speculative trading entry setup
> Breakaway candlestick breakout on day timeframe setup
> 1st entry at pullback breakaway candlestick
> 2nd entry at pullback gap
> target at SMA400 or slightly above SMA50 at near volume profile point of control
> stoploss at the lowest banker chip...
Price action and chart pattern trading setup
Parallel channel support and resistance - possible doubled bottom - new technical indicator - Titanic Pattern
Smart money and banker chip volume support at doubled bottom positions - technical rebound expected.
> Entry at support parallel channel near bottoms
> Target at the upper parallel channel
> Stop loss at...
Price is at the end of the distribution phase, the selling volume increase, and the warehouse is almost empty.
It took enough time that could fall the price to 160.500...
After breaking the trend line, the price was able to reach the price target and take on a clearing arrangement.
.
By looking at the appropriate return pattern in the context below, we can think of a buy transaction with a specified purpose.
*SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges, trendlines, channels, harmonics, etc. has any effect on how price reacts. I'm Sorry but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? Nah, it remembers price...
Looking for potential long for EURUSD next week, im seeing a potential shift in price on lower timeframe. Hopefully the price will tap into my 1H POI and give me a confirmation on lower timeframe for long
There is still reason for price to go higher but like the way this looks. will sell off either at this price or a little higher. if the market does not give me my confirmations, I will not enter.
considering that the week is changing momentum with candlestick pattern we are able to spot a CHOCH now expecting the previous week to get violated down. risking 20pips to swing 150pips
GOOD LUCK TRADERS
The smart money tool (SMT) divergence is used by traders to determine if the trend is getting stronger or weaker, which may lead to a shift in the market sentiment. If we compare Bitcoin (BTC) and Ethereum (ETH), we can notice that one is stronger and the other one is weaker.
However, this correlation is not visible to the naked eye because they seem to move in...
I am long for the first phase and waiting for market to short from the marked up area or point of interest.
Sell would only open if there is confirmation of bias after RTOB.
EURCHF is trading in a downtrend and the pair broke a key level which confirms bearish bias. I have marked up a cheeky Counter Trade to where I feel like the price will reject and head towards my point of interest from where bearish continuation Will likely follow. I have a couple sells open so I don't mind if SL is hit. If the market does not give me my...
Price had an impulsive move up and left an unmitigated 1H OB with imbalance to fill. I would like to see price come down and fill the imbalance, tap into the 1H ob, then go up take out the liquidity on the top side, then tap into the 1H OB on the topside and take out the liquidity on the daily swing low. Just have to see what price does
As we can see we've broken the structure and created a lower low and that indicates that price want's to go lower maybe to the next demand zone which is around 38k.Now we can expect for the price to pullback to the supply zone and then continue lower.
