as you know the overall eur/usd in bearish right now .as dollar is strengthening all dollar related currencies like gbp/usd ,eur/usd , and nzd/usd are loosing their value so overall i am looking for short position next week. the idea formulated when in 1h timeframe market is uptrend forming HH and HL to now break a HL (wick break ) which kind of confirm that...
After a long bearish move market started to recover / fill the imbalance which are left open before further selling off. The idea of this trade came when market failed to respect a 1h demand and continue up forming HH and HL. So, what I am expecting market will go further to fill some larger imbalance and the us dollar is weak right now so it increases the chances...
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after a strong bullish runup, in higher timeframe market is now currently ranging , in 4h timeframe market form double top liquidity and selloff which is more likely to be taken out so overall I am more bullish. the trading idea takes place in 1h timeframe, there was a large imbalance untested supply was there which is more likely to be tested. in current...
in higher timeframe i.e. 1d market break structure confirming trend continuous toward down what i am anticipating that market will fill some higher timeframe imbalances before trend continuous . in 4h timeframe market form a change of character fill a 4h imbalance and sell off to a untested supply confirming CHofCH. then dropping down to lower timeframe that is...
i am currently looking for long in bitcoin by using confirmations from higher timeframe to lower timeframe
market is about to change from uptrend to downtrend in 1h timeframe (by change of character) . after the change of character market reverse to fill the imbalance. after hitting a 15m imbalance market once again form change of character and then market reverse back to fill the imbalance in lower timeframe market once again form change change of character.....
there was a 30m strong demand zone where I was looking for market to retest, when market came inside that region show some nice rejection sowing buying pressure breaking 1m, 5m and 15m structure showing buying pressure for entry i market a inefficient candle where market accumulated before breaking 1m structure and also it was imbalanced.
wait for the confirmation to happen... if market rally up to that imbalance supply then look for short from that region to 15m demand below
in higher timeframe market is in uptrend and market till now haven't hit the supply zone formed so that's why overall I am looking for long . if market will break that structure and form a change of character then it is giving some confirmation that market is about change its direction in low timeframe to fill high timeframe trend. i will wait for a retest and...
as market show a change of character from 30m supply and after that market came back to fill a supply zone before selloff with a proper confirmation entry:- 21645.44 stoploss:- 21657.54 take profit:- 21481.94
as market is very bullish in 5m timeframe it also show break of structure which confirm the trend so, i marked a demand zone where buys were accumulated before breaking that structure then most likely market will retest that region before going further up entry:-21407.09 stop loss:-21360.33 target:- 21640.95
this is a bitcoin trade that i have taken today......