GBP/USD - Chart Mark Up -16th August 21Daily chart still showing a bullish market from what I'm looking at.
I would rather price dropped in to the lower 50% based off the Bullish Structure break and previous broken supply zone and give a rejection with the upper untouched Supply zone as a potential area for price to climb.
But I cannot predict and never will, I always react to what the chart is showing me and then trade based off that.
These are areas to keep note of when you're down in the Lower Timeframes taking trades.
Fairvaluegap
EUR/USD Long Idea After Market Shift Possible bottom for EU has formed and a reversal to the upside.
After watching price jump dramatically on Friday I'm expecting this trend to continue this week.
Expecting little movement today in anticipation of USD retail sales which may also help with an EU continuation
Let me know your thoughts in the comments below!
$EURUSD 4:1 R:R On A Short Starting in London If I left my Technical analysis on the bord you all would not even be able to see the chart. Even though I'm Bullish on the Dollar overall, I'm going to be bullish on it with 'existing home sales' on the calendar tomorrow. And with Black Rock buying up homes 20-50% above market price, I think we my see the bulls come the dollars way. Plus there's daily Imbalance in the Dollr that I think it's trying to reach. Then we have EUR consumer confidence tomorrow as well. SoI drew my price very specifically by what is already on the board and having 3 target price. after that we have Powell Testifying and who knows what kind of volatility that will bring if any at all so I wnt to be out of the market by 1:00 p.m. and I personally think this is what the chart will do. I'll Post tomorrow to see if My Smart Money Analysis was dead wrong or close to being correct.I think we're headed for target 3 though which will simultaneous hit the DXY Daily Void at 1.8406 - ish, after that I think we're bullish for thee week on EurUsd,, Just not tomorrow. if and only if the DXY is showing a willingness to go after that daily void.
See Chart (The Timing isn't correct since it's on the Daily but I needed to include the Daily void for reference but you get the picture. I'm setting my sell limits now and going to bed, hopefully to some good news.
Let's see what happens.
Good Luck And Good Trading :)
OANDA:EURUSD
$SPX - South Liquidity Run Before heading NorthWe Should See prices start to head up after reaching into the Fair Value Gap, up towaard 3967-3965 (Depending on broker) At this point there is also a Fair Value Gap as well as Bearish Order Block. I expect price to hit this area after the around the bell 9:15= 10:300 Eastern Time. This is where you should see the initial Sell.
(SEE CHART)
and the sell should reach around 3952 before it starts to turn. Why is it making a turn north? There are equal highs that price will want to attack. Keep in Mind there are a few more areas that have liquidity a little bit lower that price could reach, 3948 has an order block as well as the top of a breaker that could start making the turn.
(See Chart)
3939 is another breaker.
(See Chart)
And lastly 3934 would break all the liquidity and hit the last breaker. Unless it wants to take a huge dive south, I don't see it getting lower than this.
Once I can realize where the turn is I'll make the call to close the short trade and to go long. In the long we're aiming for the equal highs around 3977. Other take profits are 3982-3985 as that is bearish order block and fair fair value gap before the next high. The Last take profit be the current 127% Extension. 3994.1.
Once again, I'll have to read what's happening the entire time to make sure we're getting the best out of this trade. I wanted to do a NAS one but I dont have time.
OANDA:SPX500USD
$BTC - Where I want to see Price go B4 make a move 57,5-58,5I don't like just jumping into any and every trade. But I do try to give an out line as to what I wnt to see before jumping into a trade. And if it takes a few days for that to happen I'm ok with that. But I want to see bitcoing get inside this box before I make bullish call on. leverage trade. And also market conditions must be right. But this is the outline I have for bit coin.
SPX AND NAS coming in the morning with my video. Looking forward to seeing you all there bushy eyed and bright tailed?
$SPX - Toss Up - Tight S/L (Multiple Options Laid Out)There's a lot of liquidity resting above the high 3934. I feel siunce that high there has been a pull back. I want to see how the bell opens and if it reaches lower into the range of 3921 - 3912 I would expect a bullish move to try and get above that liquidity and more liquidity above. This is also the bias since yesterday after the day ended. This is what I want to happen
Longshot but possibitlity it could just free fall and reach the breaker around 3890 in which I would wait to see if it gets to the low point of that breaker 3883 to see if it would turn bullish at that point.
4 hr has a gap opening at 3913 I feel it could also pullback to before moving bullish. A lot of moving parts, but I'll try to let you know the decision I make as soon as I do. SPX Moves Slow so we have time.
Will Let You All Know what I do ASAO
$SPX - Short Or Long? Range 3706-3818I'm not sure if SPX is going to continue doing what it has been for most of the week as usually the last day of the week can be a turnaround day. SO I've drawn up a lot on this chart that I've hidden but, I'm looking for two thigs to happen and either way I don't think it can go wrong.
1. The day starts at 9:30 a.m NY time and it moves up into the box I have set between 3798.6-3818 at that point I would should as has been the case for the last two days and the price will reach for a low that would be lower than yesterdays low between 3722-3706.
2. Or the the day could start and thE price reach into that low mentioned above 3722-3706 but we see a rebound at the end of the week and long the SPX at this point until it hits the box above around 3798-3818.
3. There is a third option I see less likely but still likely, and that is as the day starts, price reaches just below 3722 before longing just above it's current high 3783 before plummeting further down.
I'm waiting til 9:30 to make a better informed decision but I just wanted to put my thoughts out there as the possible scenarios as to what I believe will happen wIth then SPX. I'm leaning toward option 1, but that's just me. Will Update at 9:30 or just post the idea to short or long. And my finger will be ready to press either button on MT4.
OANDA:SPX500USD
$SPX - Short Now 3835Just an Idea I have marked up on the charts that once it reached this level 3835 to short.
If you want to stretch out the chart, the orage lines signify areas to watch for either taking profit or possible pivoting to the bullish side. So this could be some scalping and not a long term move. But I have a feeling there's a liquidity draw further down around 3720 which could make this a longer term move.
$GBPJPY - Long... All week Long (Smart Money Concept)I did a lot of work on this chart and I'll just say there are. lot of hidden elements as to why I have came to this conclusion. There are just things I cannot share. But I will share my conclusion and my d=first short term goal for tomorrow is an open trade to start after midnight New York Time (London Session) Where GJ has just. bit of retracement to 145.650 and it should end up with taking first profit at 146.400 - 146.420. About 75 pips. If I'm right, we'll go from there. But I'm Expecting GBP to have a Bullish week on all charts, possibly sending EURGBP down as well.
FOREXCOM:GBPJPY
$ETH -Bullish Smart Money Move - Below The Engineered Liquidity1869 is the spot I'm eyeballing in or arround that area. As soon as we see a sharp pull back below the "Safe Support" level that smart money has engineered, we should see it hit the median hourl price and or lower at the Bullish Block which should send the price higher. There are two bullish order blocks, a larger one between 1832 and 1857, and a smaller one sitting right on top of the larger one resting about 1860. This is also the 70.5% retracement level for this area. Here's a look at the hourley for the fair value gap that it has dipped into, but hasn't closed or hit the median.
And then here's a look at the Hourly with the Order block resting below as well. it all seems to line up with a bullish move once we get that slight pullback below the engineered "lows".
Looking to Exit at the 150% extension. This should move should start during the Crypto Killzones 12-2pm NY time and maybe end before the end of the day. If Not, I'll re-evaluate the move. Or at least the time. I don't want to set this up and and it pull back at 7:00 p.m. when crypto is usually moving down or sideways.