This is my Intraday analysis on EURUSD for 28 Feb 2024 W9 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m NOTE: Nothing changed again from yesterday, 4H no changes and 15m just created INT to INT Structure. 4H Chart Analysis 1. Swing Bearish INT Bullish Swing Pullback Phase 2. After a BOS and...
EURUSD broke the resistanece level of 1.0795 EURUSD has been trading in a bearish trend for the last couple of days. Possible scenario The best way to use this opportunity is to place a Sell order to 1.0796. Possible scenario The best way to use this opportunity is to place a Buy order with 1.0796 and target should be 1.11085 The upcoming news will not...
The NZD/USD pair on the M30 timeframe presents a potential selling opportunity due to a downward breakout from a symmetrical triangle pattern. Key Points: Triangle Breakout: The price has been trading within a triangle pattern, characterized by converging upper and lower trendlines. This pattern can indicate a period of consolidation before a breakout in either...
As we monitor the price action we are looking for a break in the current structure before getting active with a direction. We have no GBP news this week. Only USD news to push the narrative.
– Tuesday Daily candle close weak Bearish rejecting the upside and respecting recent Daily Resistance. I’ll be looking for potential Buys above 2038.100 targeting previous Weekly Support formed on 8th January 2024 around 2045.400 and 1h previous Support formed on 2nd February 2024 around 2052.500. I’ll be looking for potential Sells below 2027.500 targeting 1h...
Republican-led shutdown: What's at Stake for the USD?? We are four days away from a potential partial government shutdown, and negotiations among lawmakers have yet to produce a resolution. On Monday, Senate Majority Leader Chuck Schumer, Senate Minority Leader Mitch McConnell, House Speaker Mike Johnson, and House Minority Leader Hakeem Jeffries meet in...
Hello Traders, I'm excited to share some insights on XAU/USD: The bearish channel has been successfully broken, and a new bullish trend has emerged. While the new bullish channel appears relatively narrow, it's important to remember that breaks above or below it may not necessarily indicate a change in trend direction. Here's our strategy: Keep a close eye on...
Morning again fellas, Won't be longing until this happens. Here, I said it. Trade thirsty.
Good morning friends, Been taking a look into a lot of charts on the 3M lately. Keeping my views. Trade thirsty!
USDCHF - 24h expiry Levels close to the 50% pullback level of 0.8789 found buyers. Prices have reacted from 0.8742. The bullish engulfing candle on the 4 hour chart the positive for sentiment. We look to buy dips. Our outlook is bullish. We look to Buy at 0.8790 (stop at 0.8762) Our profit targets will be 0.8860 and 0.8875 Resistance: 0.8821 / 0.8838 /...
Hello traders, I want share with you my opinion about British Pound. Looking at the chart, we can see how the price some days ago rebounded from the resistance line and declined to the support line, breaking the 1.2550 support level, which coincided with the buyer zone. But soon, GBP turned around and started to rise near this line to the resistance line, after...
Hey there! Bullish on GOLD, I've set a buy limit! A beautiful RR of 2, entering on a RMID (Range Manipulation Initiation Distribution) that aligns perfectly within the fibo OTE with an additional BreakerBloc. The conflicts in the Middle East and US involvement in these conflicts are not necessarily reassuring, whether it's for gold, Brent, or forex in general....
Now that it is Tues day I'm waiting to see where price will stall out at and turn around. There is not much strength pushing price bullish and we have USD News for NY session coming up. Monitoring for signs that the bears want to take control and push price down. But also trying to remain aware incase anything happens to change my bias.
Hey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 149.800 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 149.800 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.08900 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching a key level of 1.08900 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.65450 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend 0.65450 resistance area. Trade safe, Joe.
This is my Intraday analysis on EURUSD for 27 Feb 2024 W9 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones,...