SMCSweepFX

SMCSweepFX Updated 

NZD/JPY has just completed one of our patterns that gave us a nice 3R profit. For the next possibility we would like to see this pattern make a retracement at least to the 0.382 of the Fib taken on the impulse. At this previous resistance zone that is in confluence with the 0.382 of the Fib we will be monitoring this pair from a 4h timeframe and wait for the...

SMCSweepFX Updated 

GBP/NZD has just approached a strong support area from which we can definitely expect the market to react from. If we will get a retracement to at least the 0.382 of the Fib taken on the impulse we can be monitoring this pair from a 4h perspective and wait for the market to shift back to a bearish market. If all our rules are then satisfied we will be taking a...

SMCSweepFX Updated 

CHF/JPY is getting close to the profit line and close to completing its pattern of the daily analysis. Currently running this trade risk free, I will update you guys on what the next step will be for us to capitalize on when the market has finished it's pattern. For more content please like my analysis and if you would like to learn the skills required to becoming...

SMCSweepFX Updated 

BTC/USD is getting close to hitting targets doing exactly what the previous analyses said (check out the related idea below). From here we will be monitoring BTC/USD from a 4h perspective to capitalize on the next move down before getting ready from an investors perspective to get in for the next move to the upside. For more content please like my ideas and to...

SMCSweepFX Updated 

NZD/USD has created an over extended market to the upside from a monthly perspective. In it's move to the upside it's currently approaching strong resistance. At the moment from a daily perspective everything is still bullish, but if the market should break support on a daily at around 0.72000 area we will be monitoring NZD/USD from a 4h perspective on the retest...

SMCSweepFX Updated 

NZD/CAD is currently rejecting monthly structure, also breaking structure on the daily. I will be monitoring this pair from a 4h perspective to take a short on this pair for it to go and complete it's monthly pattern at around 0.90170. Remember to use a PROVEN PROFITABLE strategy before taking any trade and always do your own analysis.

SMCSweepFX Updated 

CHF/JPY currently struggling to break monthly resistance and could easily reject to the downside. If this pair will manage to break this structure on a daily timeframe I'll be monitoring it from a 4h timeframe on the retest for the long and completion of it's monthly pattern and targets around 118.830 area.

SMCSweepFX Updated 

AUD/USD has just completed it's pattern from a monthly timeframe. For the next move I'll be monitoring this pair from a 4h timeframe and wait for the market to shift to a bearish market before taking a short to my first targets (weekly structure). If this pair will manage to break the weekly structure, I will be holding the pair to hit the second target which is...

SMCSweepFX Updated 

XAU/USD has just rejected previous highs and broke back below the counter trend line. I will be waiting for the market to give a retracement then I will be monitoring it from a 4h timeframe to take a short for the market to complete it's daily pattern.

SMCSweepFX Updated 

GBP/NZD has just provided an opportunity on the creating a correction after it's previous move to the downside. In this zone I will be monitoring this pair from a 4h timeframe waiting for the market to shift back to a bearish market before taking a short for the continuation and the completion of it's pattern.

SMCSweepFX Updated 

BTC/USD is currently very over extended on a monthly timeframe. I will be monitoring this pair waiting for a valid entry on the 4h timeframe to take the short to around 32600.00 area before starting to look for the continuation. Always do your own analysis before taking any trades and remember risk management!!

SMCSweepFX Updated 

XAUUSD has reached the targets we wanted to see (check out the linked related idea below for the full breakdown) giving us a nice 3R trade. From here we can start monitoring this pair on the 4h timeframe and wait for the market to shift back to a bullish market before taking the long to create a higher high. Remember to use a profitable rule based strategy before...

SMCSweepFX Updated 

On XAU/USD we can see that the market has been creating very strong bullish movements. At the moment testing very strong structure. Currently creating an over extended market to the upside. We can be monitoring XAU/USD from a 4h perspective and wait for the shift from a bullish market to a bearish one to take a nice short for it to go and complete it's pattern at...

SMCSweepFX Updated 

BTC/USD still need to make it's retracement to the 1600 area for support. But will these levels of resistance hold to push it down or will BTC/USD just make it's new move to the upside? Let's see what the week has in store for us. I'll be keeping an eye out for the move to the downside, but if BTC/USD will break and close in the week above our high I will...

SMCSweepFX Updated 

As BTC/USD breaks it's all time high with a huge impulse on the daily, we can see on the weekly and monthly that it has not yet completed any patterns. At this point it's not the best idea to just start investing in bitcoin but rather to wait for the pullback. As we all know it's not good for any market to create these massive impulses and not create new structure...

SMCSweepFX Updated 

USD/CAD has satisfied all the rules for this trade to the downside now running this trade risk free. We could see the USD continue to weaken against the CAD. If it will go hit take profit at around 1.26200, I will be waiting for the reversal and then if all my rules get satisfied taking a nice long with a good risk to reward for the market to go and complete it's...

SMCSweepFX Updated 

This pair has provided a nice impulse followed by a correction on the daily. We can now monitor this pair on a 4h timeframe and wait for the market to shift from a bearish market to a bullish market to look for the long with good risk to reward. Do not take these trades if you do not have a trading plan that confirms the move to the upside. Always use money management!

SMCSweepFX Updated 

GBP/NZD has triggered our entry and currently almost at take profit. After the completion of this move we should see what the retracement does before continuing to our next analysis on this pair. Will the bear market stay in control? Let me know om which pair hou would like me to do a market breakdown in the comments. Send me a personal message on TRADINGVIEW if...