Solana, Weekly, Head and Shoulders + Imbalance to be filledLog scale. I predict a further decline in Solana's price due to the head-to-shoulder formation and the still unfilled imbalance. Target 1 is very likely to be achieved. The same with Target 2 due to the inefficiency and still unmitigated demand zone. Target 3 is pretty extreme to reach, but we will see.
Imbalance
US30 LONG hello traders
There is a bullish motive wave and there is an expanding correction pattern, so we may get another bullish wave
Potential Buying Opportunity for Us100hello traders
We have a break in the wall of sellers with strong momentum for buyers, so we are looking to buy and I will monitor the price behavior with the support area. If a reversal signal occurs, a buy trade will be executed to target the 1190 area
AUDJPY Sell IdeaHere are my thoughts on AUDJPY coming down from the supply zone. We can see on the 4 hr that market structure is coming down and it went into accumulation and created liquidity. I also saw the liquidity was taken above the accumulation/consolidation and tapped into the 4 hr zone.
From there I dropped to the 15 minute zone and saw that once price tapped into the 4 hr zone, it created inefficiency, took out liquidity, and had a change of character. Right now, on the retracement, it is creating liquidity and I'm thinking that it will take out the liquidity on its way back up to fill the ineffi,ciency then continue with the downward market structure.
EUR/USD LONGPrice is overall Bearish
According to my analysis price is reacting around 95000 area indicating a push to the upside
We have created a change of character indicating a push to the upside
price did not break below 95000 area and price is currently in the discount zone so we can target the order block in 99000 - 99200 area to fill the Imbalance
Before a continuation Downward
Probability for 17/10/22 shortFirst tink what comes to my mind is GAP which need to be filled, then Imbalance which is also not been reached. I think those two places has to be reached this week. If it happen then I'll be looking to bullish move. But this is just prediction.
You are more then welcome to add your thoughts.
Thank you.
IMBALANCE REACHED As I was mentioning a week ago (FVG) Imbalance was reached yesterday afternoon. Now I expect consolidation for a couple of days and then a sharp move to the downside during FED CPI News. After that price should go up to the 1.14800 level or thereabouts.
At the moment I'm Long for today.
US500 Short SetupUS500 is structure is bearish, trend is pushing down and right now we can discern price gravitating back to 1H order block. Let's wait and watch how price will react from this point of interest. Goodluck!
A quickish scalp on BitcoinShorting bitcoin for a quick trade. Market execution ONLY in case of a decent bounce / reaction.
Retracement off the golden pocket fib entering a fair value gap. Targets are value areas (a VWAP tap could also be a decent target).
If it didn't bounce off the golden pocket, then I will be watching for a reaction from the supply zone (in red above imbalance).
Use adequate position sizing and always trail ur stop.
NAS100 Potential Bullish MoveLooking for a potential retracement to go long on Nasdaq. Structure to be filled on the upside & Imbalance
EUR/CHF - Long IncomingSimple Setup.
On the daily TF we have a reversal pattern showing - it seems we are starting to bottom out with the bearish momentum which is indicated by the change in direction on the Daily and 4 hourly.
We have started to see an increase in the pressure increasing to the upwards - indicating bullish momentum has now come into play.
A previous high swing point has been broken indicated by the BOS line, so if we want the bullish structure to now be in play, ideally I want the blue box to hold to which I will then take a long from box targetting the liquidity above
and the previous high.
As of now we're consolidating around the area building liqudity and running buy/sell stops within the fib range. Imbalance fill and liquidty grabs into the blue box zone for a long upwards.
Targetting 1:4.
ECB interest rate decision news and president speech will help liqudity enter the market.
GBPUSD: Monthly Low Liquidity 🚨With price fast approaching the monthly low we can expect buyers to begin joining the market looking for support. This can be confirmed by the sentiment data showing that 82% of retail traders are long.
This figure is huge! If we understand that 90% of traders are wrong and 82% of the market is stacking buys, we can use this valuable data to bet against them.
We can't just enter sells anywhere, it has to be timed and precise. My two entry regions are:
1) The gap created at the market open.
2) The imbalance region caused by the huge leg to the downside.
If price comes to these zones and satisfies an entry, we can sell with the aim of sweeping buyer liquidity placed below the monthly low.
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GoldI've been looking at that imbalance this week, and now that it has been filled I'm going bearish for Gold.
I believe we can treat this as a resistance.
I'm anticipating the 1703.87 low taken out first.
Then completing the run for 1693.80
We're also around a high for the DXY and we've been taking out consecutive highs there.
I'm using this as a hint for Gold.
LINK USD - Are you in?G'day,
Breakdown:
1. Note
2. Contents
3. Research breakdown
4. Education recap
5. Information on Lupa.
A note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged Neutral, until the opportunity of a rejection of the PCP has occurred or a long opportunity from a break and retest of the trend. Overall, where an imbalance is formed and sellers have completed the changing of hands due to purchasing further increments the exhaustive sellers.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. However, note, at current we are awaiting confirmation of a Bearish move.
Risk Warning
Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence.
Master Key for zones
Red = Three Month
Blue = Monthly
Purple = weekly
Rose = Four Day, 3Day
Orange = Daily
Monthly
Price action on the monthly has fallen back down to the previous al time high double top As indicated by the zone which aligns with the FEB/March 2020 wick highs.
Bi-Monthly
Low curve, shows that price will now begin to break this bi-monthly TL (review bi-monthly chart above) once a lower timeframe offers the departure confirmation on a daily break and retest.
The zone chosen here on the half departure of the engulfing candle is used with the strong magnet as this indicates a higher probability chance of pricing interacting with this zone.
Weekly
The weekly zone has now been tested and has held with buyers guarding $5.00 level. The overall monthly level shows a strong imbalance, yet to be tested so price can breach towards the monthly before creating a reactive wick.
To look for a change in structure, the current consolidative range found on the weekly, four day and daily is now offering a build up for long opportunities. The daily has provided a Fresh zone where longs can be taken.
The curve is now needing a clean 2x departure following the rules of a reactive wick, spinning top or doji candle. This will be confirmed by a daily close.
Fresh Weekly zone
Four day Range
It's clear the range of this structure is in a strong build up zone for creating a long opportunity and with a confirmation, further sell down towards <$4. The probability of how price consolidation and price action is forming here has created great fresh zones.
the curve is yet to be broken, so as price heads towards a symmetrical triangle pattern, this will enable us with a pattern to form. Keep in mind alternative patterns such as flags and price skewing towards the high curve instead of the low curve.
Daily
Fresh zone as highlighted in Orange, sitting above the white OL zone. Expecting price to now establish a higher low in the chart formation based on structure.
Buying upon a reactive tap or a deep corrective move, forming the strategy rules in looking for a confirm of departure.
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