I spotted a classic smc formation on USDCHF. The price violated a key support. The violation turned out to be a trap and the market returned above the structure with a strong bullish imbalance. We may anticipate more growth now. Goal - 0.873 ❤️Please, support my work with like, thank you!❤️
This is my Intraday analysis on EURUSD for 5 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bearish Reached EQ 2. Swing low and last demand for potential buys. 3. Price created a bearish iBOS which confirmed the Swing High and the Pullback...
– Previous Daily candle closed strong Bearish around 2029.000 forming Daily Resistance around 2072.200 and leaving a Huge Rejection wick to the upside as price creates new Historical High at 2149.500. – Buys on close above 2032.500 targeting 4h previous Support formed around 2037.700, Leaving Runners to the 30min previous Support formed around 2045.500. – Sells on...
Daily chart, the currency pair has formed a chart pattern and the target is 98 extended to 100 - passing through resistance levels as shown.
USDJPY is trading inside a Channel Up since the start of the year, with the 1D technical outlook just turning red (RSI = 40.803, MACD = -0.760, ADX = 32.756) as the price reached its bottom under the 1D MA100. The 1D RSI shows a rounded bottom, as it did on March 24th, so it is an optimal level to buy and target the R1 level (TP = 152.000). Since though the...
welcome everybody ! The next scenario is selling, but be careful of the news and wars currently taking place in the Middle East and in America. #gold
#CADCHF UPDATE Hi team, hope you are enjoying your trading journey. We are here to update our analysis about CADCHF. CADCHF is in a strong down trend and now it reach on major level of structure, where we can find a possible trade for short position after looking confirmations. Here we had two main zones where we can execute our trade, but we place entry only...
Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.35800 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.35800 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.26300 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.26300 support and resistance area. Trade safe, Joe.
XAUUSD D1 Last night, XAUUSD experienced a remarkable surge of +720 points as the markets unfolded, driven by a confluence of factors, previously mentioned above. Notably, the XAUUSD markets are steadily advancing toward historic highs, and the market opening triggered a substantial influx of buying pressure, low volume causing such aggressive spikes, since we...
US Dollar Gains Traction: Technical Analysis Points to Potential Bullish Impulse The US Dollar (USD) is showing signs of recovery, hovering around the 103.30 level, with US yields rebounding from Friday's dip. The focus shifts to the upcoming Factory Orders report in the US economic calendar. Despite a recent bearish performance, the USD has regained buying...
This is my Intraday analysis on EURUSD for 4 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bullish Reached EQ 2. Swing low and last demand for potential buys. 3. After the Bullish iBOS we expected a pullback. We created a CHOCH and price...
#USDCAD UPDATE Hi team, hope you are enjoying your trading journey. We are here to update our analysis about USDCAD. USDCAD can be move towards up side, as it reached at the resistance point , so it should retest the newly formed support, we will execute our entry after looking confirmation in the LTF like 15 min or 5 min.✍ PATIENCE IS THE KEY OF SUCCESS IN...
#EURUSD UPDATE Hi team, hope you are enjoying your trading journey. We are here to update our analysis about EURUSD. EURUSD will go down soon. Reason is that it breaks the short time trend line and change the trend to down side. Here we will see an impulsive move to down side if it retest the mentioned level.Manage your risk properly traders.✍ Stay with...
#NZDUSD UPDATE Hi team, hope you are enjoying your trading journey. We are here to update our analysis about NZDUSD. NZDUSD will go down for short term basis, as it reached on its peak point and on its resistance level, we can see a some pips down side. ✍ Stay with traders for learning and earning as well. Enjoy our trading analysis with ease points.
#GBPUSD UPDATE Hi team, hope you are enjoying your trading journey. We are here to update our analysis about GBPUSD. Anna is monitoring the pair GBPUSD for upcoming week. GBPUSD going upward from last month, according to the trend we can see that still there are some levels where GBPUSD can reach to sweep the liquidity. So we can see a some more bullish wave...
– Previous Weekly candle closed extremely Bullish around 2072.100, Friday Daily candle also closed strong Bullish. – Buys on close above 2075.500 targeting 2080.000 as price breaks through the new historical high, Leaving Runners to the 2085.000s – Sells on close below 2065.500 targeting 15min Support around 2060.000, Leaving Runners to the 4h previous Resistance...
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 147.200 zone, USDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 147.200 support and resistance area. Trade safe, Joe.