Price moving downward on the H1 Basis. Bullish daily TF order block around 1996.3 level from which we can expect reversal move to the up side H1 bearish breaker block is formed @2025 - 2035 level which could be used as opportunity for sell side trade
This is an active trade, entry should be from that bearish breaker block , we wait for price at higher time frame point of interest below 👇🏽
Using the 15m bellwether chart for ES, we observe price opening higher creating a nice new week opening gap (NWOG). At the 9:30am open, a Judas swing takes out London sell-side liquidity before rallying to take out the 8:00am swing high, closing above the high forming a bullish breaker. Price continues to climb into the NWOG and retraces back down into the...
10/2/23: Sell Setup: I was looking for a continuation set up on SPX. TK/SY session set a small range that held London but was taken out in the premarket session. This left a 1H/15m-FVG set up with a -OB on the 1H. Price trades into the 15m-FVG (L) and pushed down and failed to make a new low followed by EQLs being set in NY open session. Once the EQLs were...
Weekly Chart: Price took out the PWL and the August low into a W+OB and we did close positively for the week. We did create the low of a W-FVG (not drawn but, it's there) and price closed near the middle of the weekly range, Weekly High 14906.5, Weekly Low 14429.3, Weekly Mid point 14667.9, Weekly close 14741.8. Weekly idea: Price took out lows into the W+OB but...
Price is in a critical area (Orderblock + FVG + Breaker). Created an ascending channel up to the POI with divergence. All week has been bullish so we'd expect some retracement on Friday at least for a TGIF setup. So this setup comes in conjunction with the HTF narrative.
Price seems to be respecting a Breaker area. Sits in a nice trendline zone. But since it's aggressive be careful. Need to see if it respects the area and close above, with confluence on the smaller time frame. I'd like to see an open low high close with a fvg to enter for long
Today I want to see fill of the 1h Breakaway Gap - 4139. My key level 4125. This is buystops level. Pretty sure it will want to test it to complete ATM/ICT Mentorship Model. My Pre-market Plan for May 24, 2023: Bullish Scenario - Break above 4165 (short-term BSL, 4163 NY Midnight Open Price as well) can bring some bulls —> 4175 - this is "NWOG" - 04/16-04/21....
Once it hold 15m Breaker Block, I want to see long opportunity to the Daily Volume imbalance - 4180-85. Break below of 15m Measuring Gap (4136-40) will open the room to the 4120 level - Breakaway Gap.
It failed to close above 15m Equilibrium. Perfect test of the 15m BB and 15m FVG. I want to see drop to the 4140 first before another big move.
DXY has tested 4h FVG which is lined up with 79% of the 4h OTE. I expect sell off to the 4h Equilibrium. And if it holds this level, it may bring some bulls then.
Hello Taders! Here We can see a Bullish breaker. Price broke a swing high after breaking a swing low. Any retracement from here and be seen as new buying.
*SMC = Smart Money Concept - See related Ideas for Tutorials on these concepts. I pulled two smart Money Fibs on the latest waves. The largest of the two has a Liquidity point that could be broken by the end of the quarter as "Smart Money" or the intuitional powers that be, may push it that way. After it breaks the Liquidity Level (Below 1.20120) or near the...
when markets are bullish, the majority is short. +breaker
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Previous daily low was formed, and then a sweep was taken place at the lows (Raid). We then started seeing movement to the upside, to grab liqudity. Now resting above if we zoom out is major zones of imbalance, liquidity areas and previous monthly open. So anticipating price to move upwards. We have also have a lot of news events on JPY this week which will...