Breakofstructure
US30 Sell SetupUS30 Sell Setup. the market made 2 equal tops and eaten the stop losses of sell orders. now they are stopped and making an consolidation again. so I expecting a sell from my drawn orderblock. S/L and T/P is your own responsibility.
GBPJPY long opportunityLevel EQ of 3HR & 4HR OB being respected.
Trading Plan:-
1) Currently seeing daily OB being respected.
2) Will closely monitor to see if any BOS in higher tf.
3) Anticipating accumulation for now, then when BOS happened, will look for OB again for long opportunity.
4) Target 154.2x; 155.3x
Patience! Patience! Patience!
XAUUSD LONG POSITIONBreak Of Structure Trade In XAUUSD - Gold Spot / U.S Dollar 1H Chart, You can take your position in 15 min chart and TP/SL levels is your responsibility.
GBPUSDHi 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 the dotted black line which is 50% of the candlestick. Lets see how the market will react to the OB.
If you have any ideas or suggestions, feel free to leave down a comment. Its great to know one another if we're trading on the same concept. Please take trade with care, I'm not a financial advisor.
CADJPY(update)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 end of this week.
I'm not a financial advisor, I'm just a learner of SMC and still learning about market structure. If you're taking this trade, please use proper mm. Trade with care. If there are any idea based on CADJPY, please do drop a comment, let's all discuss it and share some ideas together.
EURUSD Idea 9/28/2021Hello traders, this is an idea for EURUSD. Currently waiting to see how the daily closes. If price closes above and respects 1.16700 - 1.67800 then a clear double bottom on the daily will form and could possibly create long opportunities.
Price failed to create a new lower low.
There was also a break of structure.
Possible 600 pips…
If you agree, give this chart a like and follow for more
Trade responsibly.
EURAUD Channel Breakout in 4HThere is a good opportunity in making with good risk to reward ratio. As you can see there was a upward moving channel with seems like a consolidation on Daily time frame with the breakout there is also the breakout of structure and the price has come to restest the order block.
Remember, do your own analysis and homework before taking any trade. These ideas are to teach you how things happen but nothing in certain in market.
Thanks......