FX:GBPJPY Two very key areas of double tops and double bottoms on GBPJPY from an intra day perspective. I suspect, we will have a fale move before the real move as always. So, if we take out the double bottom, I will watch for intra day longs and vice versa with the highs!
This is what you should look for.Price will seek for BSL after clearing this SSL.
Structure points to manipulation leading up to liquidity grab and price continuing the move to the downside. I am bearish on the Euro so be sure to trade with caution this week. Will update as time goes on, stay tuned! Good Luck. God Bless!
Hi everybody We have here EURUSD 4 hour timeframe. We are in a range as you see, price comes to discount, hunt sellside LQ and then we see a displacement. Also you can see POW3 (ACC, MAN, DIST). Price comes back to imbalance, touch the OB and is going higher. I determine 2 point as targets.
The more I study this chart the more I see the potential for buys to liquidate sell-side liquidity. Using logic, it would seem that buy-side liquidity has already been swept and any trapped sellers that got caught on the breakout have been given an opportunity to close out of negative positions to join the correct side of the market (Hopefully Buys) With this...
*SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remembers...
This ICT concept is one of the many that can be used to take your trading to the next level and create consistent profits for you. I break down the concept and define the terms used with this concept.
An alternative situation - we have a very well-respected Trendline that has a high chance of getting manipulated. The green area marked above also has a lot of orders laying above so we could see those highs get taken out as well as mitigate a bit more of that Orderblock ¨ (From my previous post) This is a Daily Timeframe perspective. The Market has just tested...
This is a Daily Timeframe perspective. The Market has just tested a strong Bearish Ordeblockwhich is supposed to hold the market down. We also made a deceleration, going from a bullish market which is now a bearish market. The black lines that are drawn on the chart, is Sell Side Liquidity which are attractive targets where the majority of Orders lay in the...
Good morning ladies & gents, On the D1, H4, H1, M15 chart, the orderflow is bearish. Coupled alongside the equal lows present at "Objective 1" and we've got a super high probability setup taking place. When price pulls back to this area, I'll be interested in looking for an opportunity short with a stop at the designated area. Should price trade through this,...
sell to buy i see a grab on sell side side Liquidity
Price pulled back to the Weekly Bearish Orderblock. Price gave signature reversal trapping pattern on M15 trapping most retail traders long. TP targets are where the lowest levels of retail stop losses will be located which is where the Smart Money will bank their profits.