Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
I think nasdaq will go higher judging by the current price action. Big liquidity is resting above the marked highs and Smart Money should wipe it out. Expecting volatility tomorrow as NFP is approaching so trade carefully. Expect August to be choppy so I will limit my trading for this month. God bless!
I expect a sharp drop in the gold price to the liquidity that has been building up for some time now. But before that happens, I'd like to see a rise to the 1730.00 area - hunt for the stops.
This is textbook Price action and Market Mindset. The Shorts get taken out first. Then after the shorts are surely liquidated the algorithm then seeks to take out all LONGS To resume its original mission to raid Sell Side Liquidity Framework. The market is predictable like your favorite video game. Play it long enough and you'll beat the game and know how to...
EURNZD Firstly Grabbed the Trendline Liquidity Where Almost All the Retail Traders who are Buying are taken out. After taken out the Liquidity , we see A huge Bullish Momentum to the Upside which is Showing that the Institutions are Buying here
This is what you should look for.Price will seek for BSL after clearing this SSL.
EURUSD Has Grabed the Liquidity Under 2 equal Lows, And Now has Most Chances of Moving TO the Upside, Also we have ORDER BLOCK Under These Equal Lows .
Wow, last week was intense. Firstly, we saw market makers sweep break and re-test buyers THEN they liquidated breakout buyers from the trend line and to finish all off they did a sweep on sellers that remained. Although the direction is unclear for next week, I have illustrated my bias. I may be wrong but at least I know that stop hunts are out of the way and...
the price got a rejection from the 0.618 Fibonacci and dynamic resistance after a dump from the monthly support form 1700$. The market bounced from 886$ where we can find a demand zone and 1.271 Fibonacci Extension. How to approach it? The price could grab new liquidity from the demand zone on 920$ and create a local reversal trade, so According to Plancton's...
Just checking out the 2 hr chart ,,,short term we are short ,,my thoughts obvs
The price had a bounce from the 18k area and got a rejection from 0.618 Fibonacci level and dynamic resistance on 20k level. The price needs more liquidity in order to retest the daily resistance (at least) on 22k. How to approach it? the price needs more liquidity, so if the price is going to lose the support, According to Plancton's strategy , we can set a...
Potential accumulation forming, i've entered now with low lots with the attempt to scale in, once we see that SOS i'll be waiting for the pullback into demand before taking this long. Let me know your thoughts! * Disclaimer ** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a...
Most XXXJPY pairs are well overdue a correction, this does not mean they will turn bearish, it simply means a correction is needed to gather more liquidity before shooting off again. Ideally, I would like to locate sells from the daily established supply. However, I won't rule out the possibility of a final liquidity sweep above the high before sellers...
The price got a rejection from 9$, the 4h resistance where the market created a supply zone. Now the price is creating equal lows on 7$. How to approach it? The price needs more liquidity to create a new bullish impulse, so if The price is going to grab the new liquidity from 6.5$ region and create a new bullish impulse, According to Plancton's strategy , we can...
Potential to catch both long & short entries. Looking for an Asian session in consolidation to potentially build the framework for a liquidity grab into the demand zone & continue higher to the supply zone/plenty of imbalances to fill
The price is testing the 0.618 Fibonacci level on the monthly Timeframe. As you can see this area is a key area for the market. On the weekly timeframe the price is losing the support where the price bounced several times. On 4h Timeframe the price is trying to have a breakout from the supply zone. How to approach? IF the price is going to lose the 4h support,...
The price bounced from the monthly support on 0.26$ where the price created the demand zone. The price got a rejection from the daily resistance at 0.41 and now the market is creating equal lows. How to approach it? IF the price is going to lose the support and retest it as new resistance, According to Plancton's strategy , we can set a nice order ––––– Keep...
The market lost the weekly support and retested it as new resistance. The price got new liquidity and created a new bearish impulse. Now the price is testing the 7$ area and it's creating an ascending triangle. How to approach? The price needs to have a new breakout from that area and retest the previous resistance as new support. According to Plancton's...