11/12/23 SPX Weekly Outlook#SPX #DailyReview #WeeklyOutlook:
Last week was a weird week with the drop on Thursday and then price on Friday setting the Weekly Low and high. Dollar moved up the entire week pretty slowly but the Bonds pulled back and that caused the buy on Friday. Tuesday we'll have CPI and Wednesday we'll have PPI and Retail sales. Then Thursday we will have Unemployment Claims so that will definitely move the markets on those days for sure.
#1 Taking the PWH should be the first move and we might see price move into this 4H+FVG to move higher from there.
#2 Selling for now isn't an option at the moment but taking the sell into the +FVG on the lower time frame may be a move on the 15m chart and below.
4H chart
Liquidity
11/12/23 US30 Weekly Outlook#US30 #DailyReview #WeeklyOutlook
Took out the PWH and traded into a W-FVG up to the mid point at 34300.6. The 1H/4H+FVG is sitting right at the W-FVG(L) at 34098.9 and if we move up this is likely where I may look for a move up. Tuesday we'll have CPI and Wednesday we'll have PPI and Retail sales. Then Thursday we will have Unemployment Claims so that will definitely move the markets on those days for sure.
#1 main goal is the PWH for an initial upside move
#2 Pushing down into the +FVG that is the downside move on the LTF but, I want to see if the move is pushing down to move up from there.
4H chart
EURUSD 13 Nov 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 13 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bullish
INT Bullish
OF Bearish
2.
After a BOS we expect a pullback, As we did a CHoCH on the 4H and iBOS on the 15m the pullback started and tapped into a 4H Demand Zone.
Price had swept the Liq below the 4H zone and we could be now targeting the previous high formed.
Failure to break the previous high will put us in a deeper pullback within the 4H Bullish structure.
Always will let the LTF (15m) to guide me.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
15m Chart Analysis
1.
Swing Bullish
Internal Bearish
2.
Price is in a series of unclear INT structures moving from bearish to bullish to bearish to bullish to bearish which is a clear indication of indecision and ranging.
Recent structure is bearish so most probably we will have the selling pressure from the 4H Supply zone and most of the 15m zones are mitigated there.
I'll be on the sideline until we turn INT bullish (iBOS) then will be looking to play the longs again. Shorts are not currently in my plan as 4H Swing and Daily OF are both still bullish, so will not play against.
3.
15m Demand is mitigated and most probably the INT low will be taken as we are in a bearish INT Structure.
EURUSD 13 - 17 Nov 2023 Weekly Analysis - CPI WeekThis is my Weekly analysis on EURUSD for 13 - 17 Nov 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 expect pullback, price tapped into Liq on the lift and a demand zone which showed a reaction that the pullback of the internal bearish structure maybe starting but still the OF is bearish
3.
Potential flip supply zone to continue the INT bearish structure and Swing bearish leg.
Price didn't tap it yet and was close to it and started to move down.
Possibly that price had pulled back and in the continuation down which i don't prefer. Instead i prefer that price is targeting the Liq above the Flip zone for better move to the down side.
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
2.
After BOS we expect a pullback
OF turned bullish to facilitate the Swing pullback and most probably we will continue bullish till we sweep Liq on the lift which reside below the Weekly and Daily Supply zones before we see bearish continuation.
Price swept the Liq above the Daily Flip zone and and didn't tap the Weekly/Daily supply zones yet.
The pullback after sweeping the liq is currently in progress and price could pullback to the daily demand before continuing up.
I don't like price to deeply pullback as it's for me a sign of weakness, but f we did pullback deep i'll watch how price will develop to continue bullish if possible.
3.
Weekly/Daily supply zone and the extreme of the bearish INT Structure which could provide a short opportunity if we are going to react from these zone.
Let's watch LTF to guide us for potential shorts.
4H Chart Analysis
1.
Swing Bullish
INT Bullish
OF Bearish
2.
After a BOS we expect a pullback, As we did a CHoCH on the 4H and iBOS on the 15m the pullback started and tapped into a 4H Demand Zone.
Price had swept the Liq below the 4H zone and we could be now targeting the previous high formed.
Failure to break the previous high will put us in a deeper pullback within the 4H Bullish structure.
Always will let the LTF (15m) to guide me.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
Economic Events for the Week
EURUSD 2h AnalysisHi guys!
On the EURUSD, we must keep an eye on these zones for a potential entry opportunity. Trading is that simple; you don't really need to be certain about overall market direction, but you must only focus on the important price levels to catch entries while they happen.
Good luck guys!
Remain positive, because you are a winner!🙌🤸♂️😀
EURUSD 9 Nov 2023 Intraday Analysis - Powell Speaks 2nd DayThis is my Intraday analysis on EURUSD for 9 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.
After a BOS we expect a pullback, As we did a CHoCH on the 4H and iBOS on the 15m the pullback started and tapped into a 4H Demand Zone.
Price tapped into 4H Demand and bounced creating a Bullish CHoCH and forming a fresh Demand zone that could hold price for continuation up to the 4H Supply / Swing High.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
After the 15m BOS we expect a pullback. Confirmation that the pullback is starting when we have the bearish iBOS.
INT turned bearish confirming Swing High and the pullback started. After which we got a bullish iBOS which indicated that the pullback is over but we broken the strong low yesterday and price failed to continue down and we created again a Bullish iBOS.
This behavior ob Bullish Bearish-Bullish is solid bullish indication and will keep me in the bullish side of EURUSD to target the Swing High or at least the 4H Supply formed when we started the pullback.
3.
15m Demand for possible longs as long the Strong INT low will hold.
This will change your trading forever: how to spot liquidity!Bitcoin has definitely been on a roll lately, but I know that a lot of you are secretly thinking about "where is the reversal"?
Liquidity is a concept that escapes a lot of people, but the reality is that liquidity is much simpler than most people think. Liquidity is simply this: What price is seeking.
I used have a hard time understanding the concept of liquidity, until one day I realized that liquidity is simply where the majority of the orders are. So how can we find liquidity?...
If you've been at the trading game for any decent amount of time, you will immediately be able to define two well known sources of liquidity: High/Lows and trendlines. So understanding this, we know that liquidity seeks a point where we will likely have at least the confluence of a trendline and a high or a low before reversing.
But let's be real here, it's not just highs/lows and trendlines, because the market is dynamic...
So what else can we use as an addition to liquidity confluence?
INDICATORS....
Indicators are the life blood of retail traders which is exactly why there is liquidity tied into them, even a lot of advanced traders use indicators in some parts of their trading. After doing a ton of research on the indicator topic, I realized that for the most part, every indicator out there is reliant on one of two things:
Moving Averages
Volume
So we now understand that 4 things supply liquidity to the markets:
Highs / Lows
Trendlines
Moving averages
Volume
The combination of these 4 factors are what makes price reverse...... That's it. That's the magic.
In the current chart for Bitcoin we can put together the precise factors of liquidity confluences.
We have a trendline, a daily high, VWAP and volume profile all indicating around the same area. The trick in finding liquidity reversal points is to have all of them lined up in the general vicinity, and wait for price to take out the furthest liquidity target. Which in this case is around the volume profile gap that is sitting right above the daily high at a little above $40,000...
Congratulations. You've just found the reversal point of Bitcoin...
XAU Weekly - BearishThis Week we Say OANDA:XAUUSD was Super Bullish, But is It?
gold has Engineered Liquidity up and Down, I believe its going up to Hit Retail Stop loss and then Revert to go Down .
I have noted Levels that I am interested in Chart
Another Confirmation : If you Check #Gold Seasonality, Normally OANDA:XAUUSD is Bearish in October and November !
Disclaimer : this is Just Technical Analysis, You Should never use this information for real Trading, Do your own Research.
Sincerely,
Sobhan JTN
EURUSD 8 Nov 2023 Intraday Analysis - Powell Speaks This is my Intraday analysis on EURUSD for 8 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.
After a BOS we expect a pullback, As we did a CHoCH on the 4H and iBOS on the 15m the pullback started and tapped into a 4H Demand Zone.
Expectations that as long this demand zone holds and the 15m OF stay bullish we can resume the bullish move and target the INT High.
The only concern that we didn't pullback to the 50% of the Swing which is something to pay attention to as we could visit the Swing 50% before we continue up.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
After the 15m BOS we expect a pullback. Confirmation that the pullback is starting when we have the bearish iBOS.
INT turned bearish confirming Swing High and the pullback is starting.
Price taped into the 4H Demand and created a bullish iBOS which indicate that the 15m Swing pullback is finished and we will continue the bullish move targeting the Swing High.
3.
4H Demand zone which includes 15m Demand that can provide potential buys to continue bullish.
4.
4H Demand zone which includes 15m Demand zones at the 15m Swing extreme that can provide potential buys to continue bullish.
Liquidity - How to easily spot it!Here's how you can easily use liquidity to create wealth 🤑
Knowing how to identify liquidity is an important aspect of trading that shouldn't be overlooked, BUT contrary to popular belief, it's not the greatest thing since sliced bread...
It does have its significance and it's place, but understanding WHY "liquidity" is formed is more important than the WHERE ...
Once you know why, you can slay hard every single day!
Follow me for more educational posts and market analysis:)
Anyway, that's all for now,
Hope this post helps and as usual...
Happy Hunting Predators
🦁🐯🦈
EURUSD 7 Nov 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 7 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.
As expected, price continued bullish and did a bullish BOS after sweeping the Liq from the previous Swing lows.
After a BOS we expect a pullback, but be mindful that all TFs are bullish in Structure or OF so most probably that bullishness will continue.
As we did a CHoCH on the 4H and iBOS on the 15m we can expect the pullback is starting after the BOS.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
15 Chart Analysis
1.
Swing Bullish
Internal Bearish
2.
After the 15m BOS we expect a pullback. Confirmation that the pullback is starting when we have the bearish iBOS.
INT turned bearish confirming Swing High and the pullback is starting. expectation is that the pullback will continue to the 4H POIs and from there we can expect a change in the bearish OF and the INT will change to bullish.
3.
4H Demand zone which includes 15m Demand that can provide potential buys to continue bullish.
4.
4H Demand zone which includes 15m Demand zones at the 15m Swing extreme that can provide potential buys to continue bullish.
EURUSD 6 Nov 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 6 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
As expected, price continued bullish and did a bullish BOS after sweeping the Liq from the previous Swing lows.
After a BOS we expect a pullback, but be mindful that all TFs are bullish in Structure or OF so most probably that bullishness will continue.
Will be looking for pullback to start once we tap into the Weekly/ 4H Supply zones that is price is approaching currently.
Will wait for LTFs to guide for maybe the Swing pullback is starting.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
After the 15m BOS we expect a pullback. Confirmation that the pullback is starting when we have the bearish iBOS.
INT still bullish so we can continue longs but be mindful that the 15m Swing pullback could start at any time.
3.
4H Demand zone which includes 15m Demand zones at the 15m Swing extreme that can provide potential buys to continue bullish.
Bitcoin's Tight Squeeze: Are We Preparing for a Big Move Up? 🚀Bitcoin (BTC) is experiencing a period of intense consolidation, characterized by narrowing price ranges and increased trading activity. This compression often precedes a significant price movement, and based on the current dynamics, many traders are gearing up for a potential bullish breakout.
Squeeze & Liquidity Sweeps: The Tug of War
In recent market sessions, Bitcoin has been exhibiting a strong squeeze pattern, causing price volatility to contract. Despite this tightening range, there's a noteworthy trend – liquidity sweeps are primarily occurring on the upside. Liquidity sweeps involve large market orders that briefly dip into specific price levels to trigger stop orders or accumulate positions.
What's Ahead: A Retest of the Daily Imbalance
As we navigate this period of compression, many market participants are keeping a close eye on the daily imbalance level around $31,000 - $32,000. The significance of this range lies in the liquidity dynamics. Traders are eyeing a potential retest of this zone, which, if successful, could trigger a renewed bullish momentum.
Trading Strategy: Navigating the Uncertainty
For traders, the current situation is both a challenge and an opportunity. This tight consolidation phase is an ideal time to refine trading strategies and adopt risk management techniques. The impending price movement might provide exciting trading opportunities, but it's essential to be prepared for both bullish and bearish scenarios.
Conclusion: The Calm Before the Storm?
While Bitcoin may appear to be in a tight squeeze, the market is far from idle. Liquidity sweeps and the potential retest of the daily imbalance zone add complexity to the picture. With these dynamics in mind, traders are ready to seize opportunities as they arise, whether it's a breakout to the upside or a different turn of events.
🚀 Crypto Insights | 💡 Trading Strategies | 💰 Market Analysis
❗See related ideas below❗
Share your thoughts and analysis of Bitcoin's current situation. 💚🚀💚
EURUSD 6 - 10 Nov 2023 Weekly AnalysisThis is my Weekly analysis on EURUSD for 6 - 10 Nov 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 expect pullback, price tapped into Liq on the lift and a demand zone which showed a nice reaction that the pullback of the internal bearish structure maybe starting but still the OF is bearish
Last week we had bounced nicely continuing the pullback after the iBOS and we are currently approaching a Weekly Supply/Flip Zone.
3.
Potential flip supply zone to continue the INT bearish structure and Swing bearish leg
But be mindful that the INT structure doesn't have IDM and the zone/CHoCH could be used as IDM and we will be in the Swing Discount
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
2.
After BOS we expect a pullback
CHoCH will be the first sign of maybe pullback is starting, price did a CHoCH confirming INT Low formation.
OF turned bullish to facilitate the Swing pullback and most probably we will continue bullish till we sweep Liq on the lift which reside below the Weekly and Daily Supply zones before we see bearish continuation.
3.
Weekly/Daily supply zone and the extreme of the bearish INT Structure which could provide a short opportunity if we are going to react from these zone.
Let's watch LTF to guide us for potential shorts.
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
As expected, price continued bullish and did a bullish BOS after sweeping the Liq from the previous Swing lows.
After a BOS we expect a pullback, but be mindful that all TFs are bullish in Structure or OF so most probably that bullishness will continue.
Will be looking for pullback to start once we tap into the Weekly/ 4H Supply zones that is price is approaching currently.
Will wait for LTFs to guide for maybe the Swing pullback is starting.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
Economic Events for the Week
EURUSD 3 Nov 2023 Intraday Analysis - NFP Day This is my Intraday analysis on EURUSD for 3 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
After sweeping the liquidity down there the Swing continuation is solid now for more upside and targeting the Swing High and more.
We reacted yesterday from the supply zone that formed to sweep the liquidity but there is a high probability that we will break this zone to target the Swing High.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
After the last iBOS, price reacted from 15m Supply that caused the bearish iBOS to facilitate the bullish iBOS pullback.
INT Structure holding bullish continue the bullish swing continuation.
3.
4H Demand zone which includes 15m Demand zones that can provide potential buys to continue bullish.
I don't think that price can pullback all the way down to the 15m demand which is a sign of weakness, instead i'm looking for breaks to the upside from here and continuation today.
USDCAD LONG POSSIBILITIES Hi guys, In this analysis I will be covering USDCAD. LEVEL 1.3891 has been acting as a resistance and price has already tapped into it multiple times. Should price begin selling off from this level, The first demand level would be 1.3832 and the one after that would be 1.3804.
One other scenario is that price breaks through the immediate resistance with a fake out and taps into supply zone which is 1.3925 then starts selling off.
One thing we should consider is Federal fund rate which is going to be publish later today and it will heavily impact the market. so be extremely cautious while taking trades on any of these levels.
Be honorable
EURUSD 2 Nov 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 2 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
The Swing continuation moved stopped at the 4H Supply yesterday and created a fresh Supply zone after the bearish CHoCH.
As stated yesterday that If the low that started the Swing Continuation move failed to break the Swing high then there is a high probability that it will be targeted.
Buys still the theme within this swing but the liquidity formation above the extreme demand zone is maybe the target now to continue up which we did yesterday.
After sweeping this liquidity down there the Swing continuation is solid now for more upside and targeting the Swing High and more.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
INT Structure turned bearish which allowed price to sweep the Liq from the 4H Structure low yesterday and turned back again to bullish after sweeping the liquidity.
Now 15m Swing and INT align with the 4H Swing and INT and it's a high probability to continue up again to target the 15m Swing High and above as long the INT Structure lows are respected and staying bullish.
3.
4H Demand zone which includes 15m Demand zones that can provide potential buys to continue bullish.
I don't think that price can pullback all the way down to the 15m demand which is a sign of weakness, instead i'm looking for breaks to the upside from here and continuation today.
#DXY more bullish outlookHello, everyone. I hope you're all having a great week.
Let's analyze the DXY chart and try to make some predictions for the upcoming week.
Last week, the price was rejected from the important low indicated on the chart and also established a new 4-hour high, as evident in the chart. Consequently, the market structure in the 4-hour time frame is now in alignment with the higher time frame, daily market structure, and they both exhibit a bullish trend.
Given this scenario, our primary interest lies in taking long positions in high-probability trading zones. These zones could be around the short-term low marked with an arrow or during a pullback to the broken short-term bearish trendline.
In the meantime, as we await the price to reach these levels, we will closely monitor the market. Once the price approaches these areas, we will be looking for confirmation signals before considering our trades.
EURUSD BUY AND SELL POSSIBILITIESHi guys, This time I'll be covering EURUSD. SO currently price has tapped into our supply area which is around 1.0674-1.0694 and is selling off. Should selling continue I would expect the price to decline to 1.0623 which is the broken resistance level. Then below our support level we have a demand area which has been tested once and it could be worth trying it for the second time. So make sure you have these two levels under observation and take appropriate action upon price reaching there.
Be honorable