I can only see more buys on NASHello everyone, hope we're all having a good day !.
There's not much to be said here, price keeps breaking highs but where price is right now, it needs to do a short pullback to the order block there in my buy tool before it continues the buy...that's pretty much what I'm seeing, nothing much to do.
Use proper risk and money management...kindly wait for NYSE open tomorrow before you start looking for buys around that order block i placed my buy tool and make sure you have your own confirmations as extra confluences !.
Orderblock
Bitcoin Price Analysis Adjusted for Inflation: Key Reaction LeveOverview
In this analysis of the BTC/USDT pair adjusted for inflation using the M2 money velocity (M2V), we examine the key Fibonacci levels and potential reactions from order blocks (OB) and fair value gaps (FVG). This provides a more accurate perspective on Bitcoin's price action in the context of inflation.
Key Levels and Analysis
Current Price: BTC/USDT adjusted for M2V is trading at 43,235.36, with a 1.57% increase.
Fibonacci Levels:
0.236: 49,231.96
0.382: 42,763.04
0.5: 37,534.73
0.618: 32,306.42
0.786: 24,862.72
Potential Reaction Levels
0.5 Fibonacci Level (37,534.73):
Order Block (OB): Just below the 0.5 level, an order block is present, indicating a potential strong support zone.
Fair Value Gap (FVG): This zone also aligns with a fair value gap, suggesting a high probability of a significant price reaction.
Targets
Target 1: 49,231.96 - Key resistance level based on the 0.236 Fibonacci retracement.
Target 2: 59,688.58 - Major resistance aligned with the 0 Fibonacci retracement level.
Target 3: 87,331.31 - Based on the 0.618 Fibonacci extension.
Target 4: 115,152.95 - Ultimate bullish target at the 1.618 Fibonacci extension level.
Harmonic Patterns
The chart shows a large harmonic pattern Cypher, indicating potential reversal zones:
Point C: Previous peak, suggesting areas of interest for resistance and support.
Current Price Action
Support Levels: Immediate support at the 0.382 Fibonacci level (42,763.04). Stronger support anticipated at the 0.5 level (37,534.73) due to the presence of OB and FVG.
Resistance Levels: 0.236 Fibonacci level (49,231.96) as the first major resistance.
Potential Scenarios
Bullish Scenario: Holding above the 0.382 level could lead to a break above the 0.236 level, targeting 59,688.58 and higher.
Bearish Scenario: If the 0.382 level fails, a drop to the 0.5 level is likely, where a strong reaction is expected due to OB and FVG.
Conclusion
Adjusting for inflation with the M2 money velocity offers a clearer view of Bitcoin's real value. The 0.5 Fibonacci level (37,534.73) is critical, with strong support from OB and FVG, suggesting a significant price reaction. Monitoring these levels will provide valuable insights for trading decisions. Share your thoughts and analysis in the comments below!
Disclaimer: This analysis is for educational purposes only and should not be considered as financial advice. Always do your own research before making any trading decisions.
EURUSD: Bullish Order Flow Continuation into a further Premium!Greetings Traders!
Current Market Analysis:
At the moment, EURUSD appears to be positioned for a continuation of bullish institutional order flow. Despite reaching deep premium prices, evidence suggests that the price may push into even higher premium levels.
Key Observations:
Predominant Bullish Trend: The market has exhibited a strong bullish trend since last week, indicating sustained upward momentum.
Deep Premium Prices: Although we are currently at deep premium prices, the price action suggests a potential push into even higher premium areas.
Engineered Liquidity: The price is currently engineering liquidity on the buy stops by forming a retail pattern (resistance zone). This pattern entices retail traders to enter short positions, placing their stop losses above the highs. Smart money will use these buy stops to sell against, providing further evidence of anticipated bullishness.
Trading Strategy:
Continuation of Bullish Order Flow: Given the evidence of engineered liquidity and the sustained bullish trend, we anticipate further upward movement in EURUSD.
Target Levels: Target the resistance zone and look for price action indicating a continuation into deeper premium prices as to reach into the daily premium order block.
Conclusion:
By understanding the current bullish institutional order flow and leveraging the key observations, we can effectively anticipate and execute trades on EURUSD. The evidence of engineered liquidity and the predominant bullish trend support a bullish outlook, guiding our strategy towards capitalizing on buying opportunities in the market.
Happy Trading,
The_Architect
LEVERUSDT | Gearing Up for a Move?Market Context
Could we see a bullish run for LEVERUSDT? With Bitcoin showing signs of recovery, the stars might be aligning for LEVERUSDT to make an upward move.
Chart Analysis
• Promising Weekly Candle: The weekly close on LEVERUSDT looks very bullish, suggesting potential upward movement.
• Daily Timeframe: We’ve recently broken the structure and jumped from an interesting order block (OB) on the daily chart, signaling a possible move up.
• 5M Timeframe: There’s an intriguing demand zone on the 5-minute chart where the price could dip before soaring higher.
Strategy
I’m setting my order at this demand zone, ready to catch the upward wave once it hits. This setup looks ripe for a breakout, and I don’t want to miss it!
Action Plan
With a promising weekly close and a strong support structure, I’m going long on LEVERUSDT. Placing my order in the demand zone on the 5M timeframe—let’s see if we ride this wave to new highs!
BTC local levels to watch out for You can see here the FVG below that was taken during the Asian Range, and there's an order block above. These are key levels to watch out for when we get the NY-AM open for the CPI release today.
I suspect we'll see a trade setup form around that time. Right now, I'm just eyeballing these levels, with the REH (relatively equal highs) just above the Asian range. This could act as a reversal point if we get a displacement from this level or the order block above.
It's a bit too early to tell what will happen, so let's wait for the setups to develop.
#BTC #Crypto #Trading #CryptoTrading #SmartMoneyConcepts #TradingView
BTC Is ready to go down in 1HBTC after touching the Daily MPL zone , in 1H time frame made a Choch of downside structure , after many moves and minor structures , now it reach the Extreme Orderblock and made a SCOB confirmation.
So, I expect that BTC goes down from here to reach the major structure's low on 66270.
If it could close above the 72100 then this analyse will be faild.
This is my own oponion and analysis and its not a financial advice. (DYOR)
FAIR VALUE GAP OR ORDER BLOCK ENTRYA fair value gap (FVG) and an order block entry are concepts used in technical analysis within financial markets to identify potential trading opportunities.
### Fair Value Gap (FVG)
A fair value gap refers to a price range on a chart where there is an imbalance between buyers and sellers, often resulting in a quick movement through this area without much trading activity. This gap can create a zone of interest where price may return to fill the gap, presenting a potential trading opportunity. Traders look for these gaps to predict price movements, expecting that the market will revisit these areas to achieve a fair value.
### Order Block Entry
An order block is a consolidation area where significant buying or selling has taken place, often by institutional traders. These blocks are typically identified by a cluster of orders that create a strong support or resistance level. When price returns to this level, it often reacts due to the presence of unfilled orders, providing a strategic entry point for traders. Order blocks are used to predict where the price might reverse or continue its trend, offering a high-probability entry signal based on historical price action.
Both concepts are used by traders to make informed decisions based on the past behavior of price and volume, aiming to identify areas where significant trading activity is likely to influence future price movements.
ORDER BLOCK CONFIRMATION ENTRY PART 2Sure! Here's another description of order block confirmation with a focus on practical application and detailed examples:
### Understanding Order Block Confirmation:
Order block confirmation is a technique used by traders to identify and validate significant price levels where large orders from institutional traders have been placed. These levels often act as strong support or resistance zones. Confirming an order block helps traders make informed decisions about entry and exit points in the market.
### Detailed Steps for Order Block Confirmation:
1. **Identify Potential Order Blocks:**
- **Bullish Order Block:** Look for a downtrend that ends with a strong bullish reversal, marked by one or more large bullish candlesticks.
- **Bearish Order Block:** Look for an uptrend that ends with a strong bearish reversal, identified by one or more large bearish candlesticks.
2. **Analyze Market Structure:**
- **Trend Context:** Determine whether the market is in an uptrend, downtrend, or sideways movement. This context helps in predicting the likelihood of the order block holding.
- **Key Levels:** Note the order block's alignment with significant support or resistance levels.
3. **Volume Analysis:**
- High volume during the formation of the order block is a strong indicator of institutional activity. Look for volume spikes that coincide with the large candlesticks forming the order block.
4. **Price Action Confirmation:**
- **Engulfing Patterns:** A bullish engulfing pattern at a potential bullish order block or a bearish engulfing pattern at a potential bearish order block can confirm the level.
- **Pin Bars and Rejection Candlesticks:** Candlesticks with long wicks (e.g., pin bars, hammers, shooting stars) at the order block level indicate strong rejection and confirm the presence of significant buying or selling interest.
- **Break and Retest:** Confirmation is stronger if the price breaks through the order block level and then retests it as support (for bullish order blocks) or resistance (for bearish order blocks).
5. **Indicator Confirmation:**
- **RSI (Relative Strength Index):** If the RSI shows overbought conditions at a bearish order block or oversold conditions at a bullish order block, it provides additional confirmation.
- **Moving Averages:** The interaction of price with moving averages (e.g., 50 EMA, 200 EMA) near the order block level can confirm its validity. A bounce off or crossover can be significant.
6. **Confluence of Factors:**
- Multiple confirmations such as Fibonacci retracement levels, pivot points, and trend lines aligning with the order block increase its reliability.
### Practical Examples:
1. **Bullish Order Block Confirmation:**
- Suppose the price of a stock is in a downtrend and reaches a level where it forms a large bullish candlestick, followed by increased volume.
- The RSI indicates oversold conditions.
- The price breaks above the identified order block and later retests this level, forming a bullish pin bar.
- This confluence of signals confirms the bullish order block, suggesting a potential entry point for a long position.
2. **Bearish Order Block Confirmation:**
- Consider a forex pair in an uptrend that hits a resistance level, forming a large bearish candlestick with a volume spike.
- The RSI shows overbought conditions.
- The price breaks below the identified order block and retests it, forming a bearish engulfing pattern.
- This setup confirms the bearish order block, indicating a potential entry point for a short position.
### Trade Execution and Management:
1. **Entry:** Based on the confirmed order block, place a buy order at the bullish order block or a sell order at the bearish order block.
2. **Stop-Loss:** Set stop-loss orders just below the bullish order block or above the bearish order block to manage risk.
3. **Take Profit:** Identify potential take-profit levels based on historical price action, nearby support/resistance levels, or using risk-reward ratios.
By following these detailed steps and examples, traders can effectively use order block confirmation to enhance their trading strategies and improve their chances of successful trades.
"The Bodies Tell The Story.. The Wicks Do The Damage" - ICTIn this video I'm going to go through one of ICT's most famous sayings, which is "The bodies tell the story, and the wicks do the damage". If haven't taken the time to understand what he means, then you are seriously putting yourself at a disadvantage if you are using his concepts. This is one of the most crucial and useful pieces of the ICT puzzle. You often hear him say that the wicks are painting outside of the lines, which he sees as permissable when he is trading his PD Arrays. So without further ado, I'll try my best to provide some insight.
For illustrative purposes I'll use his Market Maker Sell Model. Just to note that this is not a video teaching about his market maker models, so the focus will not be on that or his other concepts. If you don't understand a certain term or concept, please check out ICT's YouTube Channel or the countless other resources online. This video will be predominantly shedding some light on candle bodies and wicks.
I urge you to go into your own charts and do your own study. This will truly be something eye opening if it is the first time you've actually decided to take notice.
- R2F
BTC is going down to touch the DP orderblockBy closing daily candle below the IDM liquidity in BTC daily timeframe, we can expect that price falls down to touch the desicion point orderblock at 54900.
After that it should create any confirmation for buy.
But if price goes below the DP (below 51000) then it could fall down to reach ENG liquidity and Extreme OB at 41870 and 40300 and then raise up to 73853 again .
this is my personal analysis and its not a financial advice.
🌕🚀Long Opportunity on SOL/USDT: Leveraging POC, Fibs and SMC💰Welcome to my trading idea for SOL/USDT! We're eyeing a long position based on a confluence of factors including the Point of Control (POC), Fibonacci retracement levels, and Smart Money Concepts (SMC) with a Bullish Order Block (OB).
Entry: Our entry point is strategically set at 173.78, residing within the Golden Pocket of Fibonacci retracement levels. This zone not only intersects with significant POCs but also aligns with a Bullish OB, reinforcing its attractiveness as a potential entry point.
Stop Loss: To manage risk effectively, our stop-loss order is positioned at 165.22. Placed below the Golden Pocket, OB, and POCs, this level provides a buffer against potential downward movements.
Take Profit: Our take-profit target is set at 200.20$. This represents our first profit-taking level (TP1) and offers a favorable risk-reward ratio.
By leveraging these technical indicators and market insights, we aim to capitalize on potential bullish momentum in SOL/USDT, while ensuring prudent risk management. Remember to adjust your position size according to your risk tolerance and always stay informed of market developments. Happy trading! 🌟📈
Don´t forget to like (boost),follow me, comment and share it to your friends!
XAUUSD 4H FVG Area and Finding Lower HighXAUUSD still on bearish trend on 4H TF and want to find their lower high (2047 - 2049). If trendline break very possible to going into their lower high before (2064 - 2065) or maybe higher at their higher OB (2085 - 2088). I am looking for Buy setup on LTF at 4H FVG. On LTF there is a support area too on 4H FVG. Pretty good for entry and waiting for rejection candle and CHoCH. But if there is a rejection after hit the trendline, we looking for sell setup.