MARKET PHASE OANDA:CHFJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above...
DXY already took his daily sell side liquidity as NQ did too. I think it's the beginning of an SMT divergence between those assets before a reversal, but first ES will take his buy side at 4808.25.
My bias for XAUUSD on the daily chart! I expect 2 diferents scenarios for gold : - Trick traders into thinking it will go straight for 1804.95 - Go straight to 1804.95 ;) #ICTStudent
just now we can see bearish divergence between us30 and us 100 i took it as additional confirmation to expect us100 or nas100 price to go lower and mitigate 4h fvg and then going up as the price already on discount array, sell side liquidity taken and now offering buy side liqudity dyor and keep safe
Last week I mentioned I wanted to see a bullish week with an sweep of buy side liquidity in the form of previous weeks High as an upside objective. That objective was met perfectly, price did exactly as explained, price fell into an 1hr +FVG forming the low of the week drawing to LWH sweeping the liquidity resting above it. This week I'm still bullish gold,...
With FOMC this past Friday two things could be playing out for XAUUSD (Gold). The FOMC news could be the catalyst for a downside pullback for higher prices, or could be the expansion move that actually takes price lower, to what I believe is drawing towards a weekly buy side imbalance sell side inefficiency. If we anticipate the week to be bearish, then this is...
Yesterday, we witnessed a sell-off down to the 4-hour Breaker Block, followed by a bounce from that level. There is a 15-minute SMT divergence between NQ and YM, as well as a 1-hour SMT divergence with YM. This could indicate the possible formation of a MMBM (Market Maker Buy Model). Currently, I'm interested in observing the testing of two short-term BSL...
below the pivot low power in bullish supply area maybe be good for 2% risk
This is an updated plan for the macro Cup & Handle breakout Previous setup for the 30R Gold long didn't play out; the unconfirmed SMT divergence didn't get confirmed and there was no impulsive move away. The stop loss is larger due to the entry location. Not financial advice but if this trade idea inspires you, you could use an even bigger stop to avoid...
Since the daily timeframe, the market chart has shown a strong bullish trend, and also in the 4h and 15m aligning all the strong lows and targeting the weak high with a 5m entry. Orderflow and structure is key 🔑
Just quick idea for long term setup for SMT. Be patient and DCA your entry price.
Hello Traders! AU has been giving me a tough time this month. It not going anywhere. Nor is it keeping its trend when breaking structure. We can see price breaks swing highs but shortly after breaks a swing low.
MTF Long leading into a long term short position extreme link to BTC can see something almost exact to match Has scope to be various ew counts and the main 2 both have scope to hit the desired zone with multiple confluence's Would make sense in terms of seasonal pivot timing and line up nicely on multiple fib time pulls. also i can the inverse movements...
ETH SMT played out nicely but BTC still looking weak on LTF, still targeting high 1900 area
ETH SMT longing BTC and ETH here, UTAD coming mid April 29500-31000
I'm thinking retrace slightly into BISI from Friday. then up to hit 1H OB near the opening price to left in red... just creating some liQ for NFP Friday probably by Tuesday PM sesh Then Weds-Friday drop into Discount and hit an area with FVG & OB before going bullish to end the week. only looking to sell if Tuesday hits the OB above WO and then only looking to...
nice played out to the T Came up to hit the One-hour OB then came down to take out that PDL from the Previous week then headed bullish Based analysis on Monthly and weekly TF