EURUSD 28 Nov 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 28 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bullish
INT Bullish
2.
Swing low and last demand for potential buys.
3.
After the Swing BOS, we expected a pullback but price still in Bullish momentum and still creating Bullish INT Structures. We didn't have Swing pullback till now which will be identified by a Bearish iBOS.
Price reached the extreme of the Bullish INT Structure and we may react only from there as our expectations is to reach (And maybe extend above) the Weak INT HIgh. So the current supply there may provide some bearish reaction, but our expectations on the 4H TF is to continue up.
But keep in mind that the bearish scenario we have from the Weekly and Daily could be starting from this area or a bit higher. In all ways, bearish scenario will be confirmed with bearish structure formation which we don't have till now.
So patience is always the key of success! plan and wait for confirmation.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
INT Structure continuing bullish following the 15m Swing bullish structure and our expectations is to reach the Swing high and most probably we will take it out.
3.
Price still moving to the upside but i can see there is no momentum.
So my expectations that we can see a break of the INT/Swing High, mitigate the 4H/Daily Supply and then we can start a pullback.
There is no confirmation yet for the shorts, So most probably will wait for at least a bearish iBOS.
Eur-usd
EURUSD Strongest sell opportunity since July.EURUSD has been rising continuously since the October 3rd Low, a bottom on an Ascending Triangle pattern after which we gave a buy signal.
The price action is now completing a topping pattern identical to July 18th and April 26th as it trades above the Falling Resistance with the 1day MACD near a Bearish Cross and its histogram sideways.
Sell and target 1.07850, which on the path of the 1day MA50 (first target during the May and August corrections).
Previous chart:
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EURUSD:Weak DXY and Potential Continuation to upsidesHey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.09350 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.09350 support and resistance area.
Trade safe, Joe.
EURUSD 27 Nov 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 27 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bullish
INT Bullish
2.
Swing low and last demand for potential buys.
3.
After the Swing BOS, we expected a pullback but price still in Bullish momentum and still creating Bullish INT Structures. We didn't have Swing pullback till now which will be identified by a Bearish iBOS.
Price reached the extreme of the Bullish INT Structure and we may react only from there as our expectations is to reach (And maybe extend above) the Weak INT HIgh. So the current supply there may provide some bearish reaction, but our expectations on the 4H TF is to continue up.
But keep in mind that the bearish scenario we have from the Weekly and Daily could be starting from this area or a bit higher. In all ways, bearish scenario will be confirmed with bearish structure formation which we don't have till now.
So patience is always the key of success! plan and wait for confirmation.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
INT Structure continuing bullish following the 15m Swing bullish structure and our expectations is to reach the Swing high and most probably we will take it out.
3.
My expectations is if price managed to break the 15m Swing High and confirm a BOS, Most probably we will initiate a Pullback from mitigating the 4H/Daily Supply zones.
Shorts are not confirmed as the momentum is bullish. but planning before is important.
EURUSD 27 Nov - 1 Dec 2023 Weekly Analysis - Inflation US & EURThis is my Weekly analysis on EURUSD for 127 Nov - 1 Dec 2023 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
2.
After the iBOS we expected pullback, price tapped into Liq on the lift and a Weekly demand zone which provided a pullback and formed a bullish CHoCH confirming INT Low.
3.
Price had fully mitigated the weekly supply (FLIP Zone and swept the Liq above the zone by not fully closing the candle above. Still it could be a sweep of liq if we started to see pushes to the down side and structure changes on TF lower than the Weekly TF.
Price could be targeting the Supply zone at the INT Structure High to continue bearish as long TFs lower supports that.
4.
Extreme supply within the bearish INT structure with Liq below it. A potential zone located in the Swing premium for continuation down
Daily Chart Analysis
1.
Swing Bearish
INT Bearish
OF Bullish
Reached EQ
2.
After BOS we expect a pullback
OF turned bullish to facilitate the Swing pullback and we reached the INT bearish Structure Extreme.
3.
Weekly/Daily supply zone and the extreme of the bearish INT Structure where price swept the Liq above and created a Bullish CHoCH on the Weekly TF.
As price currently didn't close above the INT High, there is a probability that this could be a Sweep of LIq to continue down.
To Confirm that Sweep concept we want to see at least a Bearish CHoCH which will be a Break of Structure on 4H which will support the concept and with that we can play Shorts.
But also be mindful that OF is in Strong bullish move and playing against it without confirmation will be rough.
Let's watch LTF to guide us.
4H Chart Analysis
1.
Swing Bullish
INT Bullish
2.
Swing low and last demand for potential buys.
3.
After the Swing BOS, we expected a pullback but price still in Bullish momentum and still creating Bullish INT Structures. We didn't have Swing pullback till now which will be identified by a Bearish iBOS.
Price reached the extreme of the Bullish INT Structure and we may react only from there as our expectations is to reach (And maybe extend above) the Weak INT HIgh. So the current supply there may provide some bearish reaction, but our expectations on the 4H TF is to continue up.
But keep in mind that the bearish scenario we have from the Weekly and Daily could be starting from this area or a bit higher. In all ways, bearish scenario will be confirmed with bearish structure formation which we don't have till now.
So patience is always the key of success! plan and wait for confirmation.
Economic Events for the Week
EURUSD 26/11/23Next up is euro to the US dollar this pair is also following the bias of British power to US dollar which is a very clear bullish push now we do have a swing low with an unmitigated POI but I will allow price to liquidate the lows that we have highlighted underneath our swing low for them possibly a shift higher but overall we are bullish on this pair until structure tells us otherwise.
EURUSD 23 Nov 2023 Intraday Analysis - EUR PMI / US HolidayThis is my Intraday analysis on EURUSD for 23 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
Before i start my analysis, i want to share the current trade that i planned it in my analysis yesterday in regards to the buy opportunity from the 4H Demand.
Current trade is based on the idea of following the Bullish structure on 15m and 4H and as long the 15m Swing is bullish, i'll be looking for longs from 4H demand.
This is the current long trade with SL now at BE as we reached the INT Bearish Structure Extreme Supply.
4H Chart Analysis
1.
Swing Bullish
INT Bullish
2.
Swing low and last demand for potential buys.
3.
Following the bullish INT Structure, after the iBOS we pulled back to the structure extreme and mitigated the 4H demand.
Current expectation is to target the INT High. But be mindful that the Swing Pullback could happen at anytime and the current INT Bullish structure can fail to start the pullback.
15m Chart Analysis
1.
Swing Bullish
Internal Bearish
2.
Price in bearish INT Structure to facilitate the 15m Bullish Swing pullback.
We reached the discount and almost the extreme and mitigated a fresh 4h demand zone.
Most probably if this Swing is going to hold bullish, we are expecting the INT structure to turn bullish and target the Swing High.
3.
Current INT Bearish structure extreme supply zone which could provide short opportunities to continue bearish. But be mindful that we reached the discount and mitigated the 4H Demand.
EURUSD Bullish ExpectationThis expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- WYCKOFF
- ETC
EURUSD 22 Nov 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 22 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bullish
INT Bullish
2.
Bullish Swing continuation happened as expected and we created a Bullish BOS.
After a BOS we are expecting a pullback and first sign will be a CHoCH.
We did a CHoCH but it was only a Sweep of Liquidity and even the 15m didn't close below the Structure.
3.
Price still in a Bullish momentum after the 4H BOS.
We didn't mitigate the Daily/4H Supply yet but it did a CHoCH and confirmed INT High after the bullish iBOS.
Currently price in an INT Structure Pullback and most probably the 4H Demand will be a good area for Longs if there is conformation from LTF (15m)
15m Chart Analysis
1.
Swing Bullish
Internal Bearish
2.
As mentioned yesterday we were looking for a sign for the pullback and with the bearish iBOS we confirmed a Swing High and we are currently bearish to facilitate the Swing Pullback.
We didn't mitigate the Daily Supply, but keep in mind that price doesn't have to mitigate it before going down. Always follow the structure and what does it tells you and not to follow what you want price to do.
Most probably a pullback after the iBOS will be an opportunity for Shorts if we didn't tap into discount or deep in the Swing Discount. If we are in a deep pullback then most probably will look for longs from the 4H Demand zone.
EURUSD: Top of the Channel. Sell signal.After turning overbought on the 1D time-frame (RSI = 68.344, MACD = 0.008, ADX = 40.692) EURUSD made a HH at the top of the November Channel Up and got rejected. We expect a pullback all the way to at least the 4H MA50, and as it is confirmed by a MACD Bearish Cross, we are already short and targeting a little over the bottom of the Channel Up (TP = 1.08425).
See how our prior idea has worked:
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EURUSD Overbought 1D RSI after 4months. Strong 1year sell signalThe EURUSD pair is about to hit the 1.10000 target that we placed on our trading call (see chart below) earlier this month (Nov 06), and it might be a good idea to secure the majority of longs with at least an SL above 1.0900:
The target will complete a +5.48% rise from the bottom, which is the typical length of the standard rallies that the pair has given us inside the whole year 2023. With the price however hitting the 0.618 Fibonacci retracement level while the 1D RSI turned overbought above 70.00 for the first time in 4 months (July 18 last time), the selling pressure should start pilling up for the pair.
The last 3 times the 1D RSI was overbought within the past 12 months, the price broke under the selling pressure and declined at least by -2.37%, hitting (and once approaching) the 1D MA50 (blue trend-line). As a result, this is starting to fulfil most criteria for a starting sell entry. Despite the presence of Support 1 (1.08250) and the 1D MA200 (orange trend-line), we will aim for that -2.37% minimum (projected) decline and target 1.07650.
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EURUSD 21 Nov 2023 Intraday Analysis - FOMC Minutes DayThis is my Intraday analysis on EURUSD for 21 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bullish
INT Bullish
2.
Bullish Swing continuation happened as expected and we created a Bullish BOS.
After a BOS we are expecting a pullback and first sign will be a CHoCH.
We did a CHoCH but it was only a Sweep of Liquidity and even the 15m didn't close below the Structure.
3.
Price still in a Bullish momentum after the 4H BOS.
We are approaching the Daily and 4H Supply zones which could provide a pullback. The pullback will be tough to play and will require a 4H Bearish iBOS which is currently far from here.
Most probably the LTF (15m) will give us a clue if there will be some relief for a pullback from this Daily/4H Supply Zones.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
After the 15m BOS we expect a pullback. Price still in the continuation phase and no signs of pullback starting. a Bearish iBOS will be the first sign.
Price is approaching the Daily and 4H Supply Zones, the Pullback could start from there but we need a confirmation (Bearish iBOS)
Playing the pullback will be after the bearish iBOS and be mindful that the pullbacks in nature is rough ride.
3.
The most probable demand zones within the new 15m Swing is the Extreme and the one above as both are below EQ (In Discount)
EURUSD | COULD HAVE A PULLBACK? SELLHey Traders!
Okay this trade is against the overall market trend which is typically bad news, however we are sitting a important monthly pivot line 1.09434 in combination with the overbought RSI + the recent bearish harami candlestick formation. I believe should have a pullback towards the 20 MA which is around 60 pips, if that breaks then surely it will drop further down. 📈✅
Since its a reversal trade, I would lower lot size, because the risk is always higher when trading pullbacks.
EURUSD 20 Nov 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 20 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bullish
INT Bullish
2.
Bullish Swing continuation happened as expected and we created a Bullish BOS.
After a BOS we are expecting a pullback and first sign will be a CHoCH.
We did a CHoCH but it was only a Sweep of Liquidity and even the 15m didn't close below the Structure.
3.
After reaching the Daily/4H Supply, price started to show some reaction.
The CHoCH that happened just confirmed the INT High and it was only Sweep of Liquidity due to the aggressive bullish move.
Currently we have a Bullish iBOS and again we are expecting a Pullback which could start from the current 4H Supply or i prefer to Sweep the Liquidity above the Weekly supply and we will be starting a nice pullback to the 4H Swing and it could evolve to a Weekly / Daily bearish continuation.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
After a BOS we expect a pullback. The first sign will be a CHoCH which price did but it created instead a bullish INT Structure. So the bearish iBOS will be a sign that the pullback is starting.
We are mitigating the 4H and Daily Supply zones and there is high probability that we will take these zones out as of the Weekly and Daily Liquidity required.
Playing the pullback will be after the bearish iBOS and be mindful that the pullbacks in nature is rough ride.
3.
The most probable demand zones within the new 15m Swing is the Extreme and the one above as both are below EQ (In Discount)