Intraday
EURUSD 30 Apr 2024 W18 - Intraday Analysis - EU CPI GDP / US CFThis is my Intraday analysis on EURUSD for 30 April 2024 W18 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
Sentiment from Monday (April 29th) could carry over to Tuesday, depending on the outcome of Eurozone data releases (CPI, GDP) and US ( Consumer Confidence). A strong Euro today due to positive data might see some continuation.
4H Chart Analysis
1.
Swing Bearish
Internal Bearish
Sub-Internal Bullish
INT / Swing Pullback Phase
2.
Swing continuing bearish following the HTF Bearish Trend. Expectations is set for the Swing to stay bearish to fulfill the HTF targets.
3.
After a BOS we expect a Pullback. Price tapped into the Weekly demand and initiated the Swing Pullback Phase.
With the Bullish OF and as expected price reached the 4H supply with possible reaction from there.
4.
With Sub-INT / OF is holding Bullish, I Still see more upside as long we hold the recent Sub-INT Low (Green Line).
A break of the Sub-INT Low, this will confirm that the Pullback Phase maybe is over and we will continue down targeting the INT Low. On the other side if the Sub-INT Structure will stay Bullish, there is a HP we are targeting the mitigation of the Daily Supply.
More Price development needed.
15m Chart Analysis
1.
Swing Bearish
Internal Bullish
Sell: Phase B (HP)
Long: Phase C (LP)
2.
Swing turned Bearish signaling the probability that the 4H Pullback is maybe over and we may resume the 4H Bearish continuation move.
No much change from yesterday, we still ranging within a Bullish INT Structure within a Bearish Swing.
Possible Longs from the the current fresh 15m demand but be mindful that we swept the Liquidity below it and the 15m Bearish Swing could continue and run the INT Low.
Shorts are currently not my interest till we have another Bearish Swing.
3.
15m Demand within the INT Structure as it could provide a Low Probability Long Phase C trade.
TSLA Long Monday intraday movementThis is my predicted price action for Monday 4/29. I will update the trades I take as the day goes on, obviously if price action moves against me completely I will have to change my strategy. This may include me not taking a trade on NASDAQ:TSLA at all for the day. To make this price prediction I only used VWAP and Volume Profile
BANK NIFTY INTRADAY LEVELS FOR 30/04/2024BUY ABOVE - 49480
SL - 49250
TARGETS - 49670,49850,50000
SELL BELOW - 49250
SL - 49480
TARGETS - 49020,48800,48630
NO TRADE ZONE - 49250 to 49480
Previous Day High - 49480
Previous Day Low - 48310
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 30/04/2024BUY ABOVE - 22660
SL - 22600
TARGETS - 22700,22770,22830
SELL BELOW - 22600
SL - 22660
TARGETS - 22550,22510,22470
NO TRADE ZONE - 22600 to 22660
Previous Day High - 22660
Previous Day Low - 22430
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
XAU/USD 29 April 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has now printed a bullish iBOS aligned with swing structure.
Following the bullish iBOS we expect price to pullback.
As per yesterday's Intraday expectation, price had yet to confirm pullback initiation. First indication, but not confirmation was for price to print bearish CHoCH (*correction*, in yesterday's analysis I mentioned iBOS which should have been CHoCH). This would in-turn confirm internal structure.
Price has now printed a bearish CHoCH as per expectation.
Intraday expectation: Price to target weak internal high, however, all HTF's are requiring a pullback, therefore, price could potentially react at H4 POI.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish iBOS.
Following bullish iBOS price is expected to pullback.
Price has printed a bearish CHoCH which is denoted with a blue dotted line. This indicates, but not confirms pullback initiation.
I have now mapped sub-internal structure to gain a micro-view of price action where price has printed a bullish CHoCH
Intraday expectation: Price to target weak internal high, however, caution at H4 POI as all HTF's require a pullback.
M15 Chart:
EURUSD 29 Apr 2024 W18 - Intraday Analysis - GER CPIThis is my Intraday analysis on EURUSD for 29 April 2024 W18 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
No major economic data releases are scheduled for Monday, limiting significant movement in the pair. However, the intervention in JPY leading to a USD weakness which will provide support for EURUSD some Bullish stand.
Also note that the current week includes EU CPI and US FOMC / NFP which most probably result in a volatility and investors are positioning for that upcoming news events.
4H Chart Analysis
1.
Swing Bearish
Internal Bearish
Sub-Internal Bullish
INT / Swing Pullback Phase
2.
Swing continuing bearish following the HTF Bearish Trend. Expectations is set for the Swing to stay bearish to fulfill the HTF targets.
3.
After a BOS we expect a Pullback. Price tapped into the Weekly demand and initiated the Swing Pullback Phase.
With the Bullish OF and as expected price reached the 4H supply with possible reaction from there.
4.
With Sub-INT / OF is holding Bullish, I Still see more upside as long we hold the recent Sub-INT Low (Green Line).
A break of the Sub-INT Low, this will confirm that the Pullback Phase maybe is over and we will continue down targeting the INT Low. On the other side if the Sub-INT Structure will stay Bullish, there is a HP we are targeting the mitigation of the Daily Supply.
More Price development from Intraday analysis to confirm a scenario.
15m Chart Analysis
1.
Swing Bearish
Internal Bullish
Sell: Phase B (HP)
Long: Phase C (LP)
2.
Swing turned Bearish signaling the probability that the 4H Pullback is maybe over and we may resume the 4H Bearish continuation move.
Currently price at a 15m/4H Supply zones that could initiate the Swing continuation phase.
Possible Phase B Shorts but be mindful that the 4H INT Structure still Bullish and we may see another deep Swing pullback which will reflect on a Bullish 15m Swing BOS.
3.
15m Demand within the INT Structure as it could provide a Low Probability Long Phase C trade.
BANK NIFTY INTRADAY LEVEL FOR 29/04/2024BUY ABOVE - 48310
SL - 48220
TARGETS - 48400,48500,48630
SELL BELOW - 48120
SL - 48220
TARGETS - 48030,47940,47840
NO TRADE ZONE - 48120 to 48310
Previous Day High - 48630
Previous Day Low - 48120
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 29/04/2024BUY ABOVE - 22470
SL - 22430
TARGETS - 22510,22550,22620
SELL BELOW - 22390
SL - 22430
TARGETS - 22360,22320,22270
NO TRADE ZONE - 22390 to 22470
Previous Day High - 22620
Previous Day Low - 22390
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
EURUSD 26 Apr 2024 W17 - Intraday Analysis - US PCE Day!This is my Intraday analysis on EURUSD for 26 Apr 2024 W17 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15 Chart Analysis
Market Sentiment
PCE as the next hurdle: The release of the Personal Consumption Expenditures (PCE) data is the key event today. This data is a crucial inflation indicator for the US Federal Reserve.
Potential scenarios based on PCE:
Higher than expected PCE: This suggests stronger US inflation, which could bolster the USD. Investors might anticipate a more hawkish stance from the Fed (raising interest rates), making the USD a more attractive investment. This scenario could weaken the Euro.
Lower than expected PCE: This suggests cooling inflation, potentially weakening the USD. If inflation is under control, the Fed might be less aggressive with rate hikes, making the USD less appealing. This scenario could strengthen the Euro.
4H Chart Analysis
1.
Swing Bearish
Internal Bearish
INT / Swing Pullback Phase
2.
Swing continuing bearish following the HTF Bearish Trend. Expectations is set for the Swing to stay bearish to fulfill the HTF targets.
3.
After a BOS we expect a Pullback. Price tapped into the Weekly demand and initiated the Swing Pullback Phase.
With the Bullish OF and as expected price reached the 4H supply with possible reaction from there.
Expectations is set to continue Bullish to facilitate the 4H Swing Pullback.
4.
With Sub-INT / OF is holding Bullish, I Still see more upside as long we hold the recent Sub-INT Low (Green Line).
Current Sub-INT structure doesn't have any clear Demand and we are currently within the Supply Zone formed during the news yesterday and with PCE today, i'd expect high volatility similar to yesterday.
Today for me is a day to analyze and not to trade 😃
15m Chart Analysis
1.
Swing Bullish
Internal Bearish
2.
With the Swing containing Bullish and Swing Low did hold the volatility yesterday, I couldn't find a clear POI within the Swing to continue Bullish except the Demand down.
Expectations with the current PA is that the Weak Swing High will get run. But be mindful that today US PCE news will have the market ranging till the news.
As indicated in the 4H analysis, Today is the day where you analyze and don't trade as more clear setups will be available next week.
3.
15m Demand for possible longs if we are continuing Bullish.
BANK NIFTY INTRADAY LEVELS FOR 26/04/2024BUY ABOVE - 48630
SL - 48500
TARGETS - 48800,48930,49050
SELL BELOW - 48400
SL - 48500
TARGETS - 48310,48220,48120
NO TRADE ZONE - 48400 to 48630
Previous Day High - 48630
Previous Day Low - 47730
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 26/04/2024BUY ABOVE - 22620
SL - 22570
TARGETS - 22670,22720,22770
SELL BELOW - 22510
SL - 22570
TARGETS - 22510,22430,22390
NO TRADE ZONE - 22510 to 22620
Previous Day High - 22620
Previous Day Low - 22320
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
XAU/USD 25 April 2024 Intraday Analysis H4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has now printed a bearish iBOS which confirms the initiation of pullback needed by all HTF's.
Following the bearish iBOS we now expect price to pullback.
As per yesterday's intraday expectation, we were seeing a reaction to a H4 flip zone. Price continued to trade to the upside wicking out of the H4 flip zone possibly sweeping liquidity.
Price then printed a bearish CHoCH which confirmed the internal structure.
Intraday expectation: Price to target weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has printed a bearish iBOS
We are currently trading within an internal range with price stuck in between H4 supply and demand areas.
Price has printed a bearish CHoCH which indicates, but not confirms that pullback phase may be over.
Intraday expectation: Price to target weak internal low, however, price could potentially continue bullish, react from H4 or M15 supply level before targeting weak internal low.
M15 Chart:
EURUSD 25 Apr 2024 W17 - Intraday Analysis - US GDP / JoblessThis is my Intraday analysis on EURUSD for 25 Apr 2024 W17 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
Euro's recent strength: The Euro has gained some ground against the USD lately, fueled by weaker US data and supporting the Pullback Phase after the YTD lows.
US data as a game changer: The upcoming US GDP and Jobless Claims reports are the main event. Strong numbers could significantly strengthen the USD, reversing the Euro's recent gains.
Cautious market: Investors are holding back until the data is released, creating a wait-and-see sentiment that could limit the Euro's upside potential specially with US PCE Inflation Report tomorrow.
4H Chart Analysis
1.
Swing Bearish
Internal Bearish
INT / Swing Pullback Phase
2.
Swing continuing bearish following the HTF Bearish Trend. Expectations is set for the Swing to stay bearish to fulfill the HTF targets.
3.
After a BOS we expect a Pullback. Price tapped into the Weekly demand and initiated the Swing Pullback Phase.
With the Bullish OF and as expected price reached the 4H supply with possible reaction from there.
Expectations is set to continue Bullish to facilitate the 4H Swing Pullback.
4.
As price reached the 4H Supply with Bullish OF, price showed a bearish reaction as expected to facilitate a Pullback to recent Demand.
Price tapped into the 4H Demand and currently in the momentum to create a new high.
As indicated previously, the Liquidity on the left above the 4H Supply and possibly the Swing EQ are the targets.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
Long: Phase A
Short: Phase C (Require Bearish iBOS)
2.
Price mitigation to the 4H Demand.
3.
Price turned bullish after mitigating the 4H Demand turning INT structure to Bullish.
With INT structure is Bullish, expectations are set that we are going to target the Weak Swing High.
But be mindful that we are still within the 4H Supply Zone that is partially mitigated yesterday so Phase A2 after the BOS will be tough. But Phase C will be applicable if we have a Bearish iBOS.
BANK NIFTY INTRADAY LEVELS FOR 25/04/2024BUY ABOVE - 48260
SL - 48120
TARGETS - 48400,48510,48670
SELL BELOW - 48120
SL - 48260
TARGETS - 48030,47940,47840
NO TRADE ZONE - 48120 to 48260
Previous Day High - 48260
Previous Day Low - 48030
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 25/04/2024BUY ABOVE - 22430
SL - 22360
TARGETS - 22470,22510,22570
SELL BELOW - 22360
SL - 22430
TARGETS - 22320,22270,22210
NO TRADE ZONE - 22360 to 22430
Previous Day High - 22470
Previous Day Low - 22390
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Sold Nifty Future Below 22440 for a gap fill-24th April ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:27 for Hindi Audio)
-No Trades in the morning
-Poor Volumes in nifty before 10
-Sold Nifty Future Below 22440 for a gap fill!
-How will i trade when market opens tom
EURUSD 24 Apr 2024 W17 - Intraday Analysis - US Durable GoodsThis is my Intraday analysis on EURUSD for 24 Apr 2024 W17 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
EURUSD is slightly bullish: The Euro is currently showing some strength, having gained yesterday strong Euro data and on weaker US data.
Market is cautious: Upcoming US inflation data is keeping investors cautious, potentially limiting gains for the Euro. US Durable Goods will be the watch today for volatility.
4H Chart Analysis
1.
Swing Bearish
Internal Bearish
INT / Swing Pullback Phase
2.
Swing continuing bearish following the HTF Bearish Trend. Expectations is set for the Swing to stay bearish to fulfill the HTF targets.
3.
After a BOS we expect a Pullback. Currently price within the Weekly Demand and approaching a 4H/Daily demand zone.
As expected price reached the 4H supply with possible reaction from there.
Expectations is set to continue Bullish to facilitate the 4H Swing Pullback.
4.
4H Supply zone for possible reactions. But note that it's not well positioned within the 4H Swing (In Discount) so there is a probability that it will get run till the Swing EQ/Daily Supply zone.
Bearish CHoCH will be the first sign fora bearish reaction from the 4H Supply.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
Long: Phase A2
Short: Phase C (Require Bearish iBOS)
2.
Price had created another Bullish Swing BOS aligning with the HTF requirements for a Pullback.
Price had reached 4H Supply zone which could initiate the Swing Pullback Phase. For a PB phase to start we need a Bearish iBOS.
3.
Current INT Low is the 4H Fractal CHoCH