GNK breakout to ATHsGNK has seen a recent increase in volume and clear signs of accumulation in the last few months, in particular drifting price after pocket pivot signals in the volume indicator. This resulted in GNK breaking out to ATHs over the $26 pivot level yesterday. Relative strength is good and price is holding up well despite bearish market conditions. Look for price to hold over $26 with volume, which will confirm this previous resistance is now acting as support
Institutional_trading
Es Liquidity Story From the Daily PerspectiveWe Find Internal Liquidity Patterns inside larger Ranges from the Monthly and Weekly Demand and Supply Zones, We know a few key things that PA likes to Move Range to Range, Liquidity attracts Price Action, and Patterns are Factual in every timeframe you will find the same patterns, Candlesticks, and Characteristics. Find the Story, Create your Levels, and Trade your Plan.. Those are my thoughts on Market Structure, Trade Happy!
Retracement to daily supply s you can see on my supply & demand analysis, I'm fully bearish (unfortunately) on btc , specially right now with recession, inflation , international conflicts and high unemployment rates. This bullish movement is only a retracement to an daily supply zone for then dropping again below the 28k.
NASDAQ NAS100 SHORT / SELLS NAS100 left huge imbalance in our Point of Interest. Currently in a buy as 15M broke structure to confirm our countertrend. Will be buying up to our POI are and wait for 5M/15M break of structure. Alerts at the beginning of blue box, will be patient and wait for price to enter our area before placing a sell.
Will update once we are in our area!
GBPNZD SELL/SHORT TRADE IDEAGBPNZD still currently downtrending, 4H still continues to make lower lows and lower highs.
Although 1H did break to the upside, we failed to create a new high and broke to the downside.
New range was created, fibonacci retracement snipe zone aligns with institutional candle for a mitigation trade.
EURJPY SELL/SHORT TRADE IDEAEURJPY has been downtrending. Still within 4H range, liquidity left behind to get swept.
Entry is based on 4H institutional move, mitigation out of last buy position that manipulated price, fibonacci snipe zone 78.5-88.6% and liquidity also known as retail traders "double tops".
Two positions in case the higher snipe isn't activated. Risk : Reward is worth the trade!
EURCHF BUY TRADE IDEAEURCHF
Daily structure we have been bullish. Current market structure shows us currently around a possible Higher low.
4H downtrending but have finally show bullish momentum by closing above previous high. Looking to enter trade at a higher low by looking at lower timeframes for entry.
1H we have closed above previous high and created a new trading range. Fibonacci is placed from low to new high and anticipating a retracement in the snipe zone 78.6% - 88.6%.
Entry is at the last bearish candle on 5m timeframe within the snipe zone.
If price continues to go above high before hitting entry, will update trade for next possible entry!
USDCAD BUY TO SELL TRADE WITH TRENDUSDCAD has been on a downtrend on higher timeframes.
Current market structure appears to be finally moving to the upside. 1 Hour has stopped making a new low and has broke structure to the upside. Lower timeframes are in a countertrend moving towards our buy position.
If price breaks below current low, trades cancelled and we wait for next opportunity.
Higher timeframes bearish
Lower timeframes bullish
Buy to Sell, trade with the trend.
USDJPY SELL DOWNTRENDING4H timeframe price is continuing to downtrend. Creating a range, we want to sell high. Fibonacci range 78.6% - 88.6% is the discount area. Entry is based on multi-timeframe analysis + institutional move + fib zone.
If price continues to go beyond previous low, will update on new idea as the trade has left without us.
Institutional Traders Turned BearishCoinbase premium has significantly dropped to the negative territory. With more institutional traders on Coinbase and more retail traders on Binance, the Coinbase premium over Binance’s BTC price has been a good gage of the institutional trader sentiments. Institutional traders have been willingly paying premiums throughout the past 2 years of crypto market boom and have just recently started trading at discounts. This is a sign that institutional traders are more bearish than retail traders in the current market.
While we could have relief rallies in the meantime, the return of institutional faith in the market is needed for any significant uptrend. In both the 2019 and Covid bottoms, the Coinbase premium turned significantly positive, which we have a long way from in the current market.
$BTC - Just now hitting Discount - Long Term, this is a pullbackFROM THE MOST RECENT LOW TO THE MOST RECENT HIGH, ON THE MONTHLY BASIS,THAT IS HOW YOUR FIB WOULD LOOK. We're just now hitting the discount price at the 61.8% retrace. However, in the market maker sell model, it aims for an area that there's an imbalance in which we haven't spent much time trading within. That would be the monthly gair value gap between 27,800 and 19,000.TRhis is the area Price is aiming for and may consolidate in for a while. Once it is done we should see a return back to the bullish market (wE'RE STILL IN A BULL MARKET BTW) It could take 3 months like it did last summer, or it could take two weeks.
The main thing is that it shouldn't close (Monthly or weekly) below the 19,500 mark. If it does, we're definitely in a bear market at that point and expect a continuous fall. But if it dips down to 16-15k, I wouldn't be surprised to see it turn right back around and comme up to 20-22k and close in the region (weekly or monthly)
around 21,400 there is the median of the monthly fair value gap, also above is a weekly fair value gap, and just below is a daily bulllish breaker. This is where my eyes are set for price to go before a reversal happens.
Stop freaking out people it's not the end of the world. It's called a pullback. Smart Money will help you in developing these ideas so your not selling off everything you own. You need to know how and when the market is timed and what it looks for. 1 It looks for Liquidity and 2 it looks for i mbalances. This area seeks both. It couldn't be amny louder and more apparent
Keep on keepin on
GOLD and other metals now is a safe heavenHi
I am glad I put some of my money from crypto to silver few months ago for days like these.
Now situation is not how to make money but how to safe current wealth. In the chart we can see that DXY is rising and Gold is rising, when usualy
DXY up, gold is down, but this time is different because of inflation, not because of healthy economic factors. GOLD is not falling because of inflation
and DXY is rising because of trust of dollar, trust dollar only because interest rate up, that means more valuable dollar, because interest rate compensates inflation
It says alot about dollar.
FED does not have any choices than rise rates, which means stronger dollar and bancrupting companies.
Please remember that Buffet holding a lot of cash, guess for what? Yes inflation is destroing him billions in cash, but
we and businesses pay for the inflation in advance and this is how he will recover and will make more by investing in stocks maybe crypto and other assets.
Many people whould love to be in Buffet situation at the moment when having much of they wealth in dollars (I mean not having billions, but having most of your wealth in dollars),
because FED is your friend today.
Dollar will colapse for sure, but it does not say anything, everything would say if we know when it will happen. I guess the key moment will be US election in 2022 autumn ...
Thanks
GUESS WHAT ?! STILL UPTREND.... After a huge drop in the crypto market, we are prepared to slowly rise. All important BUY lvls are marked on the chart. These perfect lvls will help you to maximize your profits and make better decisions.
I drew 2 possible scenarios based on my strategies, experience, and knowledge.
Stay focused, and become rich. Peace.
Buy LVLS - 29263 Risk calculator: 9/10
27510 R.C. - 8/10
24299 6,5/10
19490 PERFECT ENTRY IDENTIFIED
13150 VERY UNLIKELY TO BE HITTED
Bullish GBP/USD Trade Prediction and AnalysisOn May 9th we see price run below the low of May 6th and then quickly reverses back above the low (the stop hunt). Price then breaks market structure to the upside, as indicated on the chart by the grey arrow pointing to the right. If you read my previous post, then you are aware of what we are looking for as institutional traders once we see this type of price action, if you didn't you can read my previous post via the "Related Ideas" section at the end of this post.
Institutional traders directly highlight the bullish candle which initiated the stop hunt beneath the low of May 6th. This is our 1H bullish ICT breaker block and it is represented by the dark blue rectangle on the chart. Notice how price is currently accumulating within the breaker block (the calm before the storm). My entry was taken just below the equal lows of the May 10th 06:00 (UTC-4) candle and the May 9th 10:00 (UTC-4) candle. I placed my entry here because I expected price to stop hunt the sell side liquidity below these equal lows (this stop hunt is shown by the higher white line). Notice how the candle I entered on trades below the white line and then reverses, closing above it. This is the exact same phenomenon which occurred on May 9th and can be seen more clearly on a lower timeframe. My stop loss is placed below the close of the 1H +OB (represented by the light blue rectangle) giving the trade sufficient room to breathe. My target is placed above the current high of the week (represented by the lower green line) at the start of the imbalance formed on May 5th (represented by the upper green line).
The trade is framed on the weekly bullish order block equilibrium level. Price doesn't quite reach this level but given the market is currently trading within the 1W +OB the trade is still valid. The market could trade as far as the 1D -BB level represented on the chart by the red line before we see any selling return.
Note that GBP/USD is currently in a long-term downtrend and as such this is a counter-trend trade. Price could easily fall beneath the lows of May 9th and continue its downward trend. As traders, all we can do is follow our rules, buy and sell at levels which make sense and let the market handle the rest. If this trade loses I will not be bothered or angry because no system is perfect. A wise man called Mark Douglas once said "the trades we lose are the expenses we pay in order to be available for the trades that win," or something like that haha. The point is there will be losers and winners, as long as your winners pay more than your losing trades take away, you can make it in this business.
Thank you for reading and may the markets be with you.