-> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. After the swing BOS price aggressively moved to the upside. Price printed double bullish iBOS to confirm swing pullback phase is complete. Currently internal structure remains bearish following second bearish iBOS. Price pulled back to premium 50% EQ. Expectation is for price to continue to trade...
EURUSD has consolidated below the resistance zone. Given its previous sharp decline, we might see another drop, potentially revisiting the previous low.
-> Swing: Bullish. -> Internal: Bearish -> Has reached EQ. Price pulled back following bearish iBOS and is reacting to 50% EQ of the internal structure marked in green and daily demand zone. Price is currently trading within internal high and fractal low. Expectation: Price to target weak internal low. Current demand zone to be respected. In the event...
USDJPY will continue its growth provided that the dollar index will also continue its growth. Japanese banks are not doing well, the national currency continues to weaken. The dollar index may rise a little bit, as the interest rate cuts are still far away. Based on technical assumptions, there is a chance to see the continuation of the currency pair...
#EURUSD UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #EURUSD. EURUSD will go high according to the 4 hr time frame. The reason behind this is that it breaks resistance line and close above to that. Also we can see that there is a clean down in the past, so we can go for a long...
This is a area I have been stalking for a sell. Looking to see how price reacts here and if we can find a entry for a nice swing position.
This is my Intraday analysis on EURUSD for 22 Jan 2024 W4 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bearish OF Bullish In Discount 2. Price made a bullish BOS and after a BOS we expect a pullback. After mitigating the Weekly Supply zone, price...
This is my Weekly analysis on EURUSD for 22-26 Jan 2024 W4 based on Smart Money Concept (SMC) which includes the following Time Frames: Weekly Daily 4H Economic Events Weekly Chart Analysis 1. Swing Bearish Internal Bearish Reached Swing EQ INT Extreme 2. After the iBOS we expected pullback, price tapped into Liq on the lift and...
USDCAD Best level for selling the market. Already broker with support level and start go down. USDCAD SELL NOW AT 1.3431 TAKE PROFIT 01 : 1.3349 STOP LOSS 1.3510 Please follow a sensible and responsible money management strategy when trading. You should never invest money that you cannot afford to lose. Risk 3% of capital
– Previous Weekly candle closed Bearish around 2029.600 forming Weekly Resistance around 2049.200, Friday daily candle closed weak Bullish rejecting 2040s area. – Buys on close above 2035.300 targeting 1h Resistance formed around 2041.600, Leaving Runners to the Weekly Resistance formed around 2049.200. – Sells on close below 2024.900 targeting 1h Support around...
Might have a textbook short trade on GOLD/XAUUSD. A rejection off of 2040 resistance, followed by a reversal from 2032 on a correction. Stay safe!
Good evening, traders! My bias for short term longs towards the supply zone persists, although I feel like an H&S is forming on the Hourly and reverse might start solidifying around current price-points. Will keep you posted
Starting our week off with EU, main focus for our first session this week is to have our highest target hit (SWH) in terms of entry our last sell side origin could offer a good space to look for said entry, if we don't get to our preferred point of entry then look for a run of our latest liquid lows. Overall bullish here as we was through last week!
-> Swing: Bullish. -> Internal: Bearish. -> Did not reach EQ. Price has not yet reached 50% EQ and price is still in pullback phase in the premium swing/internal, therefore, I would be looking to short. Price has rejected the Weekly weak Swing High but respected the weekly strong internal high. Price wicked in excess of Weekly Swing high but failed to close...
Consider selling GBPUSD SWING TRADE based on historical seasonality trends and anticipated positive monetary policy by the 2024 Federal Reserve head. Monitor seasonal patterns, economic indicators, and central bank communications. Exercise caution, implement risk management, and seek professional advice as trading carries inherent risks.
Hey Traders, in the coming week we are monitoring USDCHF for a buying opportunity around 0.86000 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86000 support and resistance area. Trade safe, Joe.
We reflect on the week that was and where the US equity markets stole the show, with new highs in the S&P500, and the NAS100 outperforming all major equity markets. A.I names went on a tear on Friday, where notably Nvidia, Broadcom and AMD felt the love. With 16% of the S&P500 market cap reporting this week, earnings and corporate outlooks will play a greater role...
Here is my latest structure analysis for GBPUSD. Resistance 1: 1.2760 - 1.2786 area Resistance 2: 1.2799 - 1.2828 area Support 1: 1.2596 - 1.2620 area Support 2: 1.2500 - 1.2550 area Support 3: 1.2374 - 1.2415 area Consider these structures for breakout/pullback trading next week. ❤️Please, support my work with like, thank you!❤️