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Orderblock

Big Move Ahead for the GBPJPYThis is now HIGH on my watch list... a breakout potential on the GBPJPY! Price has now tested the 162.32 resistance level twice. Question is, could it break out? Although the price has retraced from the high to test the 161 price level, it has also coincided with the order block (in the shaded area). If the price does break out to the upside, the first level to target would be at the 61.8% fib level (163.78 or 164 round number price level). The next thing to consider is, whether the push to the upside on the GBPJPY is going to be driven by further GBP strength or JPY weakness.
Long
by JinDao_Tai
6
E-Book Gift + TRADABLE VS NON-TRADABLE ORDER BLOCKSABBREVIATIONS & DEFINATIONS ORDER BLOCK OB is a Down/Up Candle at/near Support or Resistance before the move Up/Down, respectively. Down Candle is a Bearish Candle Up Candle is a Bullish Candle Bullish Order Block is Down candle at/near Support level, before the move up Bearish Order Block is Up Candle at/near the Resistance level, before the move down IMBALANCE This is Insufficient Trading in the market. Sometimes called Liquidity Void . When there is insufficient trading in the market, the price often comes back to fill out the orders that were left. Imbalance is created by 2-3 or more Extended Range Candles ERC candle often closes at 80% of the candle range Assumptions; When the Market Maker want to move price up at a certain level, it is assumed that, there should be enough sell orders to pair their buy orders with (this is how they make profit). So, when the MM moves away from a given level with strength and magnitude, leaving behind a LV (IMB), we can use this to assume that sell orders that were available at that level were not enough to pair with their Buy Orders. Therefore, the MM will, often, come back at this level for mitigation MITIGATION Mitigation means; to reduce risk. When the MM moves price away from a level with strength and magnitude, say they are buying; it is assumed that this is used to entice retail traders to join the move. And because most retail traders are price chasers, they join the ride with their Stop Loses set. This is the reason (assumed) that the MM will come back to clear retail traders SL. When their (Retail Traders) SL are hit, they are knocked out of the move, hence MM mitigating their risk (THEY WILL RESUME THE INITIAL TREND HENCE MOVING ALONE). you can download that E-book from below URL
Education
by HoneyCreateMoney
GMTUSDT Daily S/R| .618 Fibonacci| Price Action| Trend Evening Traders, Today’s analysis – GMTUSDT- trading towards a clear support level where a bounce is probable, Points to consider, - Price Action Corrective - Daily S/R Support - .618 Fibonacci Support - Bullish Order Block GMTUSDT’s immediate price action is coming close towards a support level that is in technical confliuenc with a Daily S/R and the .618 Fiboancci, allowing for a bullih bias. The immediate objective is the Daily S/R Resistance, exceeding this level will lead to a bullish continuation. Overall, in my opinion, GMTUSDT is a Valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “When you learn to let go of the need to be right, being wrong gradually lose its power to disturb you.” ― Yvan Byeajee
Long
by AzizKhanZamani
5
Smart Money Concepts Basic Entry - How To Smart Money ConceptsThis is a Smart Money Concepts Diagram With Basic Entry Examples Wait for a break of structure Price will likely return to a supply or demand zone Upon retracement follow the same model on a lower time frame OR place a pending order on the supply/demand zone for the entry. Set full or partial take profit at the next high/low These are the main smart money trade setups that you will find in your charts, this is how smart money (big banks, funds, composite man, etc.) manipulate markets to engineer liquidity. Smart money concepts like this are painfully simple and often offer a high risk to reward ration without complicated indicators or complex rules. I hope you find this to be a useful reference diagram for Smart Money trade setups 😁 You can use this as a printable PDF or save it for your digital notes If you have any questions please comment below and I can make updates to the F.A.Q.
U
by renegadeforex
GALAUSD Monthly S/R| Higher Low Pull Back| .618 Fibaoncci|OBEvening Traders, Today’s second analysis – GALAUSDT- rejection from its Monthly S/R and is looking for a higher low, Points to consider, - Price action impulsive - .618 Fibaoncci Resistance - Order Block support - Key Swing Low GALAUSDT’s immidate price action has found resistance from its Monthly level that is in confluence with the .618 Fibonacci, allowing for a bearish bias. The immediate objective is the lower Bullish OB, this area has the .618 Fibonacci support and a key swing low Holding this area will allow for a potential higher low, and a long position Overall, in my opinion, GALAUSDT is a valid long after a pull back with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” ― Yvan Byeajee
Long
by AzizKhanZamani
8
Divergence + Minor SNR + OrderblockI spot a divergence on 5M outlook, which then price seem to reject as well giving to a possible orderblock entry and as well as a minor SNR level could be into play as well. Although the SNR level is not so much clean but to stand more chance is the Divergence as the dominant Reason. Cons are the price is overall bullish and has just returned from mitigating a price structure and might push more to the upside to mitigate the minor extreme orderblock as AUDCAD mostly does.
Short
by Lavimystic
AVAXUSDT PullBack Continuation| Daily S/R| Price Action| Trend Evening Traders, Today’s analysis – AVAXUSDT – trading in an up-trend, a pull back needs to hold to confirm a bullish retest, Points to consider - Daily S/R Support - .618 Fiboancci Confleunce - VAL Support - Order Block Support AVAXUSDT’s immediate price action is trading in an uptrend towards higher resistance, a pull back into support confluence area will allow for a bullish bias. The immediate objective will be the overall Daily Range high where a rejection is probable for a larger trading range. Price action is to be used upon discretion/ management, invalidation is multiple candle closes below the trading range. Hope this analysis helps, Thank you for following my work And remember, “Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” ― Yvan Byeajee,
Long
by AzizKhanZamani
1