GBPJPY seems to have an OB on the left on the 4H tf, as a SMC learner/trader, I'll probably just risk 1% of my trading account as in this scenario its against the trend, won't risk much on this trade. Lets see how the market will react to the OB.
I'm not a financial advisor, please risk based on your own mm.
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I've closed up my short trade on CADJPY on the 4H as price had broke off the monthly trend line, as a smart money concept learner, probability for the break of structure is happening. As we all know Cad pairs has a positive correlation with Crude oil. Bias is all on the bulls at this moment. Will be taking a Long trade after a pullback and see how it goes by the...
Technical Overview: - Dow Jones
We like to see price react to our buy zones providing intraday/scalps as they are not meant to be strong as the lower zone marked :)
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Technical Overview: XAU/USD
This is a small-time frame analysis meaning everything is weaker and not as strong as for example 4h
React to price, only gurus can predict price
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Hi there, hope ya'll doing good out there. There is probably a pull back now on GBPUSD 4H tf before it goes bearish in order to mitigate the imbalance from the past month. As a learner of SMC there is an obvious OB on the left which makes a perfect sense for it to be bearish and on the daily tf for the current momentum is bearish too. My target for an entry is at...