Orderblocks
EURJPY SELLHi traders, based on the price action of last Friday, I see that the price at the moment lays close to a bearish Orderblock Area and a clear resistance level, which is being approached with very small - body candles.
As a result, I am expecting a fall to fill the Sunday - night to Monday opening.
Good Luck!
btc the daily horrible analysis lower prices look very real hi guys
just a quick overlook on the daily btc chart from ath horrible sight to see three bear flags one after the other inside of a falling wedge since atheach time we broke previous flags we had near enough the same drop of around 45% we have broke out of our latest flag are we going to see another 45% drop in price to the 14k mark its possible given the conditions we are in or even are we going to see a double bottom form at 17k then bounce do i think the bottom is in i dunno it looks unlikley whilst weve been in our recent bear flag we have had a msb creating an order block just below bear flag we are in that ob now and testing the .38 trend fib from recent drop from previous flag 19k is critical for us i think over the next week im hoping we can bounce if we do bounce id think we will make are way back to the top resistance level of bear flag not all at once also an inverse elliot wave predicts this move too hopefully bulls come back and sort the job out
or are we just clutching at straws
thanks guys scopes
AUDUSD - SHORT ANALYSIS - We are looking at AUD/USD which clearly respects SMC and moves in a proper orderflow.
- We are also looking at a higher time frame and i will start looking for shorts in LTF, such as 15M, 5M when market bumps into our POI.
- Target is going to be 1:20 with the most tighest stoploss.
HIGH PROBABILTY SETUP USING MULTIPLE CONCEPTS(HINDUSTANUNILEVER)When we start trading stocks in the beginning we all run around indicators thinking that it is the holy grail of trading and after that losing hell tons of money and 90% of people who lose their 90% of trading capital in 90days leave the markets and say it's gambling but the rest 10% stay and staring learning about markets But unfortunately almost 99% information out there is wrong so rest 9% also stay in markets but they make profit sometimes then losses sometimes and just stay around the market or quit it after some time. Only the remaining rest 1% with correct knowledge master the markets and actually make profits from the market and sometimes make a living out of it.
So from this, we can conclude that trading is not easy money. It requires a lot of hard work and dedication and most importantly the right knowledge.
So It's very important to learn the right concepts that actually work that are PRICE ACTION, MARKET STRUCTURE, AND SMART MONEY TRADING CONCEPTS.
So here's a Trade Analysis of Hindustan Unilever which is based on the above concepts and the smart money concept used here is known as ORIGIN also known as OB or Order Block Trading.
A lot of things can be understood by looking at the charts.
Hope you enjoy and learn something new from it👍
I will bring more trade ideas related to all the above-mentioned concepts
SO HELP AND SUPPORT LIKE SHARE AND FOLLOW FOR MORE SUCH CONTENT.
- Pranesh Sahoo
order block 4 hrs tf longif we go on 1 day tf we can notice that price is pulling back to its 21 day ema and 50 % fib levels
4hrs tf we have an continuation OB at the same level
setup continuation OB ( inside bar ) huge impulsive move creating imbalance and price should come back to mitigate this level
Entry - OTE
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My first Orderblock Backtest!An H4 demand zone with good price action (SMFC) that hasn't been tested. Break of structure on the 1Hour time frame with a possible shift in trend while keeping in mind the news (red flag) creating volatility. Created a good reaction off the point of interest :). Experts in this strategy please feel free to be as critical as you can and point out if there's anything i missed or should correct. Thanks! excited to see how this plays out :D