There are indicators that help you draw in the TradingView platform. In reality, they help me a lot. In SMC, I used to do this manually and draw OB and FVG, as well as draw resistance and support lines and break choch and BOS. I would also manually determine daily, weekly, and monthly SL and SH. But now, with these indicators, I don't have to work too hard. LuxAlgo - Smart Money Concepts: This indicator creates choch and bos areas, as well as sl and sh, and you can activate fvg and OB, but the drawing of the latter is not clear in fvg and OB, so I use another indicator which is FVG Order Blocks [BigBeluga]: It identifies ob in red for resistance areas and in green for support ob, while fvg is transparent, and it gives you the strength percentage of those price gaps fvg. Eid Mubarak to you, and this is a gift from me to you for Eid. I have been using these indicators for 6 months; they are powerful and free. I will put another strategic indicator that creates Elliott waves for you. Note: Those who do not understand SMC and Elliott waves should look for lessons on YouTube.
Daily analysis of price movement according to price gaps and support and resistance levels
🔹 According to the daily bias analysis, the market was expected to experience an upward movement, which has indeed occurred. Now, after breaking the PDH with a full body, there is a strong opportunity for the upward momentum to continue until reaching $107,680, where there is a price gap on the hourly frame at that point.
🔹 Looking at the hourly frame, it is clear that the price is moving in an upward trend after breaking the market structure (BOS) and the presence of strong demand zones that support the continuation of the upward movement. The main resistance to watch currently is $106,500, where prices may face some corrections or pullbacks before continuing to rise towards the price gap.
🔹 Traders can monitor MACD and RSI signals to ensure the strength of the upward momentum and to know if there is potential weakness in the movement before reaching the levels of $107,680.
🎯 Key points to follow: ✅ Breaking the PDH confirms the continuation of the upward momentum. ✅ Monitoring price behavior at $106,500 as a potential resistance. ✅ Following the price gap at $107,680 as a price target. ✅ Analyzing MACD and RSI momentum indicators to ensure the continuity of the upward trend.
✍️ This analysis relies on price gaps and expected price behavior according to the SMC strategy and MSS levels to ensure the accuracy of predictions and analyze sensitive points in the market. Good luck ☠️
🔹 Context: On the daily timeframe, we observe that today's candle has broken the PDL (Previous Daily Low) of yesterday's candle without closing the body below it, indicating a potential upward movement. Additionally, the candle interacted with the OB (Order Block) area, which increases the likelihood of a bullish retracement.
🔹 Daily Bias Analysis: ✅ The break through the wick only, without closing the body below the PDL, indicates a liquidity trap for sellers before moving upward. ✅ The interaction with the OB enhances the chances of a retracement, especially if accompanied by new liquidity entering the market. ✅ If there are supporting FVG (Fair Value Gap) or MSS (Market Structure Shift) for the upward movement, this could drive the price into a strong upward move.
🔹 Supporting Indicators: 🔹 Overall price trend: Are we witnessing a bullish structure or are there nearby resistances? 🔹 Liquidity movement: Are there candles with long wicks indicating absorption of selling liquidity? 🔹 Momentum strength (RSI, MACD, ADX): Are there supporting signals for upward movement?
🚀 Expected Scenario: If the positive momentum continues and the interaction with the OB on the daily timeframe is confirmed, we may witness a continuation of the upward trend. However, daily closing should be monitored, as a full close below the PDL could shift the scenario towards a potential downward trend. This is an upward movement I expect to be weak but very useful for daily trading.
Who among you, like me, does not use a stop loss in instant trading and only hits the peaks with equal amounts on 8 or 10 currencies I choose to enter when a currency drops below strong support, and if it breaks through and drops further, I only reinforce and target the peaks for buying and selling in segments This is my method in instant trading based on supply and demand As for contract trading, I must set a stop loss and analyze using the Smc or SB model school
Which of you has experienced this in trading view? A candle reached 500 in minutes from 412 to 500 And then I looked at Binance and found it did not exceed 430!!!!???
The corrective wave may end here, but caution is required on the daily frame if the price rebounds from OB + reversal signals. Enter a buy position targeting the rising wave. Confirmation on 1h or 4h or 15-minute frames. Weak rise followed by breaking OB. Enter a sell position targeting a new descending wave. This means the price may rise slightly and then drop strongly from OB. Take advantage of the rising or descending waves that will come after this scenario. Another possible scenario is that the price enters a consolidation phase and rises strongly, and we see higher prices than before, which is currently unlikely due to the crossover of SMA and RSI on the daily frame after a strong saturation that warns of a strong drop ahead.
Closing time for traditional markets (which affect crypto):
Friday:
Global close (CME): 22:00 GMT What happens after this closing?
Liquidity and volume gradually decrease.
The market begins to enter a phase of stagnation or correction.
Whales or bots may exploit the low liquidity to lower prices or liquidate leverage. Weekend entry point:
After 23:00 on Friday, the market starts to lose momentum.
Saturday period is the weakest.
Then activity gradually starts to return on Sunday after 18:00 – 20:00. In the cryptocurrency market, there is no closing 24/7, but it is affected by the closing of other markets like forex and traditional stocks. Tip: Trade actively on Sunday evening until Thursday. Reduce your trading on Friday and do not trade at all on Saturday. 😶🌫️💷
Hello my friends Today marks the start of crypto trading. This is a drop; enter when there is support, but if it breaks, do not enter and wait for support to form. I have identified price gaps that you can use as upcoming targets for the rise. Set the targets using Fibonacci. A price respecting fvg could be the first or second; therefore, every time fvg appears, set it as the first target.
If you are a professional scalper or high-speed trader → use SMC.
If you trade over a longer period or prefer calmer trades → use supply and demand. Simple explanation: First: Supply and Demand School
Timeframe: Excellent for medium to long-term trading.
Used Timeframes: 1 Hour – 4 Hours – Daily.
Methodology:
Focuses on general areas without delving into candle details.
Relies on discovering clear reversal areas, often waiting for price tests.
Second: SMC School (Smart Money Concept) Timeframe: Excellent for scalping and rapid trading (especially 1M - 5M - 15M). Used Timeframes: Minute up to 1 Hour. Methodology:
Focuses on precise details such as: CHoCH (Change of Market Structure) BOS (Break of Structure) FVG (Fair Value Gaps) Order Block Liquidity Sweep
Targets entry and exit with high precision.
Reveals institutional movements and smart market behavior.
Scalping?: Ideal for scalping, as it looks for quick opportunities with minimal risk and maximum accuracy. These models provide you with a strong addition in entry areas and don't forget to combine them with RSI, SMA, and MACD as indicators, as we mentioned in a previous post. Important intersections and models on any chart, merging two together gives you strength in decision-making.
This is a new currency on Binance, and I always notice that a new currency often tops the list of the biggest losses due to futures contracts leading to a complete sell-off. Your opportunity to enter a sell is possible, but study it well before entering. Wait for the profit percentage to drop.
What are the conditions of your trades? How many trades did you enter today and exit with a profit? • What is your trading method? • Do you adjust your stop loss? • Do you use hedging in a technical way? • Do you use averaging down and cooling off? • How many hours do you spend trading? • What leverage do you use? • Methods of profit-taking? • What is the amount of investment you enter into futures contracts? • Is it isolated or cross?
You reflected on a trade and found yourself losing, but the stop-loss price was not touched. What do you do? In case you entered a buy trade: First, activate the hedging mode. Second, study the lower supports; any strong support and set alerts there at the lower supports. Open a sell trade with the target towards the first support. Do not close the buy trade. After the price reaches a lower support, close and take profit from the sell trade, and when the price starts to rise, open a reinforcement buy trade from the support bottom where the price stopped. Why? It will make your initial entry price drop to half and make your trade stronger with doubled profits. Therefore, it is recommended when entering a trade to consider intersections and also to divide the entry funds so you can reinforce. And do not forget the leverage should be less than 20.
Useful information for you: Preventive stop movement or stop loss: Moving the stop loss to the entry or profit area: (Trailing Stop or Break-even Stop).
Securing the trade: Making the trade risk-free by moving the stop.
Protective Profit Management. How is that?? Practical example: This method is valid only for winning trades to secure: Imagine your trade is winning by $0.5 and your stop loss was below the entry price, and you studied the trade that it is continuing to rise. In a smart way, remove the stop loss and move it to the next profit area of $0.25, so if the market reverses quickly and reaches the stop loss, you will exit with a profit of $0.25 instead of exiting with a total loss. Always keep the price range within two areas: a profit-taking area and a winning stop loss area, not a losing stop loss area. This dynamic movement makes your trades more profitable. Good luck 👌💐😶🌫️
The SB Model may be realized. The conditions of five have been met. I am still waiting for the formation of a double bottom and then we will launch 👌😶🌫️
I woke up yesterday after exiting a trade and went to sleep. I have posted about the price gap that the price will rise to and then bounce back from. Look at the image and the intersections in the circle; the RSI and SMA intersect first because RSI predicts price movement, and the intersection is your entry point. However, after the king of the game, the MACD tells you that when it intersects, your trade is successful, and we will profit. But when it does not intersect, be cautious; your trade is still at risk, so monitor the MACD until it intersects. Look at the arrows in the image; when the RSI and SMA intersected and the MACD did not intersect, the RSI returned, and the price dropped again. Thank you.