EURUSD 21 Mar 2024 W12 - Intraday Analysis - EU PMI/US PMIThis is my Intraday analysis on EURUSD for 21 Mar 2024 W12 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, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
3.
4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS.
After iBOS we expect a pullback. Price had reached the INT Structure Demand zone and created a Bullish CHoCH which indicates that the INT Pullback maybe over and we are currently targeting the Weak INT High. after which price failed to target the Weak INT High.
Current price indicate that we will have a deep 4H INT Pullback to maybe the 4H/Daily Demand zones before any continuation.
4.
As expected, Price reached the Daily demand zone as refereed to the deep INT Structure Pullback.
We have now the 2 scenarios; if price will continue up targeting the Weak INT High we will respect the Strong Low.
If price breaking the Strong INT Low, then the Daily view in play and we will target the 4H/Daily Weak Swing Low.
15m Chart Analysis
1.
Swing Bullish
Swing Pullback Phase / Discount
2.
With FOMC news, price created a bullish BOS.
After the BOS we expect a pullback and currently price reached the Swing EQ and Discount zone.
3.
Last HP POI on 15m/4H for price to continue the bullish Swing.
Longs makes sense from these POIs but with currently reversal of yesterday news, there is a HP that price will take out the Strong Swing Low to continue the 4H/Daily bearish structures.
Eur-usd
EURUSD 20 Mar 2024 W12 - Intraday Analysis - FOMC / Powell Day!This is my Intraday analysis on EURUSD for 20 Mar 2024 W12 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, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
3.
4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS.
After iBOS we expect a pullback. Price had reached the INT Structure Demand zone and created a Bullish CHoCH which indicates that the INT Pullback maybe over and we are currently targeting the Weak INT High. after which price failed to target the Weak INT High.
Current price indicate that we will have a deep 4H INT Pullback to maybe the 4H/Daily Demand zones before any continuation.
4.
As expected, Price reached the Daily demand zone as refereed to the deep INT Structure Pullback.
We have now the 2 scenarios; if price will continue up targeting the Weak INT High we will respect the Strong Low.
If price breaking the Strong INT Low, then the Daily view in play and we will target the 4H/Daily Weak Swing Low.
15m Chart Analysis
1.
Swing Bearish
Swing Continuation
2.
Price reached the 4H Supply and initiated the Bearish Swing Continuation Phase after the Bearish CHoCH.
3.
After the Swing BOS, the pullback phase initiated after the Bullish CHoCH.
HelenP. I Euro can decline to support level and then start growHi folks today I'm prepared for you Euro analytics. Some time ago price rebounded from the support level, which coincided with the support zone and declined to the trend line, after which it turned around and in a short time rose back to the support zone. Then Euro broke the 1.0800 level and started to trades in consolidation, where it some time traded near this level until the price reached the trend line, after which the EUR rebounded and rose to 1.0950 resistance level, which coincided with the top part of the range with resistance zone. Euro not long time trades near this level and later declines from it to the trend line, and soon breaks this line. After this movement, the price declined lower, but recently it tried to back up, and when the EUR reached the trend line again, bounced down. At the moment, the price continues to decline and for my mind, the Euro will decline almost to the support level, after which it turn around and start to grow in consolidation. Therefore I set my target at 1.0900 points. If you like my analytics you may support me with your like/comment ❤️
EURUSD 19 Mar 2024 W12 - Intraday Analysis - EU ZEW / US HousingThis is my Intraday analysis on EURUSD for 19 Mar 2024 W12 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, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
3.
4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS.
After iBOS we expect a pullback. Price had reached the INT Structure Demand zone and created a Bullish CHoCH which indicates that the INT Pullback maybe over and we are currently targeting the Weak INT High. after which price failed to target the Weak INT High.
Current price indicate that we will have a deep 4H INT Pullback to maybe the 4H/Daily Demand zones before any continuation.
4.
As expected, Price reached the Daily demand zone as refereed to the deep INT Structure Pullback.
We have now the 2 scenarios; if price will continue up targeting the Weak INT High we will respect the Strong Low.
If price breaking the Strong INT Low, then the Daily view in play and we will target the 4H/Daily Weak Swing Low.
15m Chart Analysis
1.
Swing Bearish
Swing Pullback Phase
2.
15m / 4H Supply Zones for possible shorts once reached. But be mindful that the 4H CHoCH is currently the 15m Swing High and there is a HP we will take it after mitigating the Daily Demand zone.
3.
After the Swing BOS, the pullback phase initiated after the Bullish CHoCH.
EURUSD 18 Mar 2024 W12 - Intraday Analysis - EU CPIThis is my Intraday analysis on EURUSD for 18 Mar 2024 W12 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish
INT Bullish / Continuation Phase
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, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
3.
4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS.
After iBOS we expect a pullback. Price had reached the INT Structure Demand zone and created a Bullish CHoCH which indicates that the INT Pullback maybe over and we are currently targeting the Weak INT High. after which price failed to target the Weak INT High.
Current price indicate that we will have a deep 4H INT Pullback to maybe the 4H/Daily Demand zones before any continuation.
15m Chart Analysis
1.
Swing Bearish
INT Bullish
Swing Pullback Phase
2.
15m Swing turned which indicates that the 4H Internal Structure pullback is not over yet.
After a BOS we expect a pullback. Price didn't reach any HTF POI to initiate the pullback yet.
3.
After the Swing BOS, the pullback phase initiated after the Bullish iBOS.
Expectations is set for price to continue Bullish to Swing EQ / HP POI within the Swing Premium.
Bearish iBOS will confirm the Swing Pullback is over and there is a HP of targeting the Weak Swing Low. (Also it will reflect on the 4H to create a new low and new closer CHoCH instead of the current high one)
EURO - Price can little correct and then continue to riseHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some days ago price declined in falling channel, where it reached $1.0900 level and at once continued to fall.
Later price tried to back up, but failed and declined to support level, which coincided with support area.
Also soon, Euro fell below this level and then it turned around, exited from falling channel, and started to grow in rising channel.
In this channel, EUR broke $1.0750 level and even later broke $1.0900 level too, after which rose to resistance line.
Recently price declined below this level, but soon backed up and now Euro trades in resistance area.
I think that Euro can fall to support line and then continue to rise in rising channel to $1.0900
If this post is useful to you, you can support me with like/boost and advice in comments❤️
EUR USDMy analysis on EUR USD, I use limit orders so I don't need to be in front of the chart all day.
To consider this a good entry there are certain criteria to follow:
1. Clean BoS with IMB.
2. * Look for areas where liquidity has been purged.
3. * Stochastic: in uptrend 0-15, in downtrend 85-100.
( * ) = Not optional but increases our probability.
I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3.
Set and forget.
Trade carefully,
This is not financial advice, DYOR.
EURUSD 18-22 Mar 2024 W12 Weekly Analysis – US Rates/FOMCThis is my Weekly analysis on EURUSD for 18-22 Mar 2024 W12 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
Swing Continuation (Pro Swing + Pro Internal)
2.
After the Bearish iBOS we confirmed that the Swing Pullback is over and we will target the Weak Swing Low.
3.
Price had reached the Bearish INT Structure extreme and initiated the Bearish Internal Structure Continuation.
Expectation is to continue bearish and target he Weak INT Low.
Daily Chart Analysis
1.
Swing Bearish
INT Bearish
Swing Continuation / INT Pullback
2.
After the Bearish iBOS we confirmed that the Swing Pullback is over and we are expecting price to target the Weak Swing Low.
Also after iBOS we expected a pullback which we are currently in.
3.
Price didn't reach a HP POI to continue down, but price seems to be reacting from the Liq on the left.
In order for me to consider that the INT Structure Pullback is over, i need to see at least a Bearish CHoCH. So will be watching the Daily Demand Zone for possible continuation up to target he HP POI (Daily/Weekly Supply) or a Bearish CHoCH for me to start looking for Shorts to target the Weak INT Low.
4.
Daily and Weekly demand zones for reactions once reached.
4H Chart Analysis
1.
Swing Bearish
INT Bullish / Continuation Phase
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, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
3.
4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS.
After iBOS we expect a pullback. Price had reached the INT Structure Demand zone and created a Bullish CHoCH which indicates that the INT Pullback maybe over and we are currently targeting the Weak INT High. after which price failed to target the Weak INT High.
Current price indicate that we will have a deep 4H INT Pullback to maybe the 4H/Daily Demand zones before any continuation.
Economic Events for the Week
EURUSD 15 Mar 2024 W11 - Intraday Analysis - US Ind. ProductionThis is my Intraday analysis on EURUSD for 15 Mar 2024 W11 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish
INT Bullish / Continuation Phase
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, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
3.
4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS.
After iBOS we expect a pullback. Price had reached the INT Structure Demand zone and created a Bullish CHoCH which indicates that the INT Pullback maybe over and we are currently targeting the Weak INT High. after which price failed to target the Weak INT High.
Current price indicate that we will have a deep 4H INT Pullback to maybe the 4H/Daily Demand zones before any continuation.
15m Chart Analysis
1.
Swing Bearish
INT Bullish
Swing Pullback Phase
2.
15m Swing turned which indicates that the 4H Internal Structure pullback is not over yet.
After a BOS we expect a pullback. Price didn't reach any HTF POI to initiate the pullback yet.
3.
After the Swing BOS, the pullback phase initiated after the Bullish iBOS.
Expectations is set for price to continue Bullish to Swing EQ / HP POI within the Swing Premium.
EURUSD Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.09300 zone, EURUSD was trading in an uptrend and now seems to be attempting to break it out. if we get further dips below the support we will look for a potential retrace of the trend towards more lows.
Trade safe, Joe.
EURUSD 14 Mar 2024 W11 - Intraday Analysis - US PPIThis is my Intraday analysis on EURUSD for 14 Mar 2024 W11 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish
INT Bullish / Continuation Phase
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, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
3.
4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS.
After iBOS we expect a pullback. Price had reached the INT Structure Demand zone and created a Bullish CHoCH which indicates that the INT Pullback maybe over and we are currently targeting the Weak INT High. after which price failed to target the Weak INT High.
Current price indicate that we will have a deep 4H INT Pullback to maybe the 4H/Daily Demand zones before any continuation.
15m Chart Analysis
1.
Swing Bearish
INT Bearish
Swing Pullback Phase
2.
15m Swing turned which indicates that the 4H Internal Structure pullback is not over yet.
After a BOS we expect a pullback. Price didn't reach any HTF POI to initiate the pullback yet.
3.
Price tapped into a previous 15m demand within a previous 4H demand that was partially mitigated.
15m Swing pullback could start at anytime but no yet confirmation as minimum as a bullish CHoCH.
EURUSD Short term sell signalEURUSD is getting rejected on the 0.618 Fibonacci retracement level of the 14 month consolidation range for 4 straight sessions.
This is bearish enough on its own, but it is also the symmetrical level where the price got rejected on June 22nd 2023 to marginally under the 0.5 Fib.
The 1day RSI patterns between then and now are very similar.
Sell and target 1.08500 (0.5 Fib).
Follow us, like the idea and leave a comment below!!
EURUSD 13 Mar 2024 W11 - Intraday AnalysisThis is my Intraday analysis on EURUSD for 13 Mar 2024 W11 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish
INT Bullish / Continuation Phase
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, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
3.
4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS.
After iBOS we expect a pullback. Price had reached the INT Structure Demand zone and created a Bullish CHoCH which indicates that the INT Pullback maybe over and we are currently targeting the Weak INT High.
15m Chart Analysis
1.
Swing Bullish
INT Bullish
Swing Continuation
2.
15m Swing turned Bullish which indicates that the 4H Bullish INT Structure Pullback maybe over.
After BOS we expect a pullback, INT Structure high is formed after the bearish CHoCH.
Expectations is for price to continue bullish to facilitate the 4H Bullish INT Structure continuation phase.
EURUSD: Addressing Temporary WeaknessGreetings Traders,
Bullish Channel: We're currently observing a bullish channel, with the price nearing its ceiling.
Key Levels: Pay attention to the concise of this month's R1, which has been broken, and the VAH of volume profile. These levels are pivotal for longer-term long positions and suggest refraining from short-term shorts.
Temporary Weak Bearish Phase: Despite a temporary weak bearish phase, expectations point to a strong rise by the middle of next week.
LTF Analysis: On lower time frames, watch for deeper corrections, offering opportunities for short trades.
CPI News Impact: Stay updated on CPI News, as surprises here could alter market dynamics significantly.
Wishing you profitable trades ahead!
Warm regards,
Sell EURUSD Price RejectionThe EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent price rejection at a resistance level. This suggests a potential shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.0925, positioned close to the rejected level. This offers an entry point near the perceived shift in momentum.
Target Levels: Initial bearish targets lie at the following levels:
1.0890: This represents a short-term support level that could see renewed selling pressure.
1.0870: This is a further extension of the downside target, based on the recent price movement.
Stop-Loss: To manage risk, place a stop-loss order above the resistance level at 1.0950. This helps limit potential losses if the price unexpectedly breaks above resistance.
Thank you
EURUSD Sell signal on the 0.618 FibEURUSD hit the 0.618 Fibonacci retracement level and got rejected.
This rejection can evolve into a short term bearish reversal, in a symmetric way as the November 29th 2023 did.
Trading Plan:
1. Sell if today's candle closes in red.
Targets:
1. 1.08500 (a little under the 0.382 Fib, as it happened on the December 8th 2023 low, which was contained on the MA50 1d).
Tips:
1. The RSI (1d) is already forming a peak reversal pattern just before hitting the 70.00 overbought level. A clear sell signal.
Please like, follow and comment!!
Notes:
Past trading plan:
EURUSD 12 Mar 2024 W11 - Intraday Analysis - US CPI Day!This is my Intraday analysis on EURUSD for 12 Mar 2024 W11 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish
INT Bullish / Pullback Phase
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, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
3.
4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS.
After iBOS we expect a pullback and as expected price reached the supply zone above the Swing EQ, also sweeping the Liq above the Supply zone which could initiate an INT Pullback for the Bullish INT Structure.
4.
Be mindful that we were ranging for a period of time and price just broke that range with momentum. Most probably we will have a deep pullback phase to the daily supply before we can initiate the 4H Bearish continuation phase.
Keeping my bullish bias till i see solid evidence with 4H bearish break of structure to confirm the 4H Continuation phase is starting.
15m Chart Analysis
1.
Swing Bearish
Swing Pullback Back Phase
2.
15m Swing continuing bearish after reaching the 4H Swing EQ.
After the Swing BOS we expect a Pullback.
There is a HP that the 4H swing pullback is over and we may continue the bearish Swing continuation. But be mindful that the 4H INT structure still bullish and this is just an Internal Pullback.
Bullish Swing BOS will indicate that we still in the 4H Bearish Swing deep pullback and we will target the Weak 4H INT High.
EURUSD: Short term sell inside the Channel Up.EURUSD has turned bullish on the 1D timeframe (RSI = 62.360, MACD = 0.002, ADX = 55.342) but on the 4H chart it has started the bearish leg of the 1 month Channel Up. There is still time to sell and target the 0.5 Fibonacci level on a -0.85% decline from the top (TP = 1.08870), like the bearish wave after the Feb 22nd top.
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EURUSD 11 Mar 2024 W11 - Intraday Analysis This is my Intraday analysis on EURUSD for 11 Mar 2024 W11 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, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
3.
4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS.
After iBOS we expect a pullback and as expected price reached the supply zone above the Swing EQ, also sweeping the Liq above the Supply zone which could initiate an INT Pullback for the Bullish INT Structure.
CHoCH will be the first sign for the INT Structure Pullback.
4.
Be mindful that we were ranging for a period of time and price just broke that range with momentum. Most probably we will have a deep pullback phase to the daily supply before we can initiate the 4H Bearish continuation phase.
Keeping my bullish bias till i see solid evidence with 4H bearish break of structure to confirm the 4H Continuation phase is starting.
15m Chart Analysis
1.
Swing Bearish
Swing Pullback Back Phase
2.
15m Swing turned bearish after reaching the 4H Swing EQ.
After the Swing BOS we expect a Pullback.
There is a HP that the 4H swing pullback is over and we may continue the bearish Swing continuation. But be mindful that the 4H INT structure still bullish and this is just an Internal Pullback.
Bullish Swing BOS will indicate that we still in the 4H Bearish Swing deep pullback.
3.
Price had tapped into the 4H demand and initiated the 15m Swing Pullback Phase.
GBPUSD 10/3/24GU ran major highs on Friday, and we have seen that the markets what higher prices so we of course will follow this rally as we have from the major lows at 1.25400.
The ideal move for us here is the price to pullback into a lower areas and give us a nice long move out of said areas, we have seen a pretty big shift into our highs without pullback so this is what we are looking for, 50% pullback move lower to the demand that broke the highs and caused our HTF BOS and sweep of the same highs.
lets see if we are lucky enough to get this i am also looking for some low risk shorts from the liquid move that we have just seen take out the 4HR highs.
lets watch what price does and then act accordingly!