Nakedforex
Weekly Outlook - AUDUSD - Smart MoneyWeekly Outlook FOREXCOM:AUDUSD - Smart Money Concepts
This week I would expect a pullback on the 4hr time frame and the possible setup for a swing reversal on the daily chart.
Daily:
s3.tradingview.com
4hr
s3.tradingview.com
If you found this valuable, make sure to follow my account for more! Daily analysis every weekday using Smart Money Concepts, Institutional Order Flow, And Supply And Demand!
Thanks for stopping by to take a look!
Daily Analysis - AUDUSD - Smart Money ConceptsDaily Analysis - AUDUSD - Smart Money Concepts - Institutional Order Flow
We are in a decisional area on the Daily chart so we should remain neutral on the possibility until we have a clear intention on the HTF, for now I'll continue to look for trades in the 15m range.
1D
s3.tradingview.com
4HR
s3.tradingview.com
Looking at a sell opportunity on us30 awaiting candle close below 33733. Looking at 15 minute candle close below structure at 33733
Long Eur/Usd when opportunity come trueEur/USD Looks like it's making a move to a possible top point this coming week.
A good position to buy is when the price action pattern does not break the support line 1.03600.
Otherwise, if breaking and doing an action under support line That would be a reason for continued sales which I give in this case only 30% possible, that's mean not for now.
Before entry, you need to keep in mind that you are dealing with the stop well.
Good luck and good trade.
GBPNZD SHORTBy looking at the price action, its easy to see that the pair has been moving in a bullish direction for several days, since early November 2021 to be exact.
Current price action shows an indication of potential market exhaust which could result in a bearish short term correction. Looking at the daily chart
we see 3 potential confluences/reasons which is in line with our directional basis on the pair. A Double Top pattern formation, followed by a trendline breakout and
key level breakout which signals a change in market structure from bullish to bearish. We will be looking to enter on the rest of this key level and expect price to spike up sharply before
a continuing to the downside. Risk Reward of this particular trade currently stands at 8.76:1.
EURUSD Short(2022-01-20)EURUSD was ascending after making a large drop in price. Today EU broke the acesending channel and made a bearish candle. I enterred right below the bearish candle. With a stop place approx. 5 pips above the high. Hopefully EU will make a big move downwards and continue to the trend it was making previously.
Eth hit Support 3k, Great buying point for bullsAs The market has come down based on interest rate fears, there is one thing we all know for certain.... MONEY IS WORTHLESS !!! Capital flows to the best asset especially while there is no safety asset classes. That means money has to go back to the stock market which means ETH to the Moon Baby !!!
GBPJPY SHORT (Mean Reversion)Confluences:
1: Stop loss hunt at previous high on weekly chart.
2: Price heading towards high of the year(2021) which is an important supply zone with many retail stops.
3: Price has been moving very quickly which signals an over extended market for the pair
Summary:
Price is currently over extended and has been moving in a up trend for 2 weeks straight. We are looking for a potential stop hunt at the high of the year where many retail stops may be sitting.
There's is a potential for strong mean revision to take place allowing big players to hunt some stops and grab some liquidity before we see a continuation to the upside in a few weeks to come.
This trade is expected run for the next 8-9 trading days or until the target is reached, whichever comes first. Always remember to Buy to the low and Sell the high. We will see how this current weekly candle closes before looking for any entries early next week.