Orderblock
ADAUSDT(Update)with in detail in last bear swing we had good reversal bar but it is bear bar and more over the shadow leads exhaustion ,we had good bull bar but bad follow-through there might be a bear leg down till demand area with in breaking the trend line it could be good setup to buy.. we should remember the probability is more important..
OSH Possible dip into weekly buy zoneLooking for OSH to dip down to weekly buy zone around $3 to go long.
EURGBP H1 - LONGEURGBP H1 - LONG
Prices made a bullish impulse move @0.86500 area, breaking a neckline resistance and now, looking for a deep pullback onto our support structure before considering a LONG position towards the daily resistance zone @0.87600
Potentially catching a 100 pip move from here, we will be looking for buying opportunities.
EURUSD H4 - SHORTEURUSD H4 - SHORT
Prices shows bearish sentiment at our key resistance area. We are looking for a break down off the immediate support and a pullback for a potential SELL opportunity towards 1.18100 support zone.
A trading opportunity for next week and stay tuned to our Weekly Market Analysis this week for more trading setups!
USDCHF, Reversal Imminent! LONG 1:10 +Good morning ladies & gents,
Following on from our USDCHF short idea, price has now traded back into our D1 Bullish Orderblock.
From this area, I'm looking to look for a reversal to the upside.
The market has NOT shown signs of breaking down yet on the lowertimeframes, so these boxes don't highlight my entry point. What they highlight is areas where you can take profit when the long setup presents itself.
When I enter, I'll be adding it in the comment section below so remember to follow this idea so you get notified upon our entry.
It's possible for price to trade lower from here and hit our D1 Propulsion Block. IF price trades down to this level, the setup for a long will be super high probability and the risk to reward can be astronomical depending on the size of the stop loss as per the market structure.
I will give my updates and thought as USDCHF matures and progresses.
Good luck guys!
Educational ContentIn this example, we can see that this is a typical trend continuation move.
1. Bullish impulse leg, followed by a "Consolidation before breakout".
2. For those who trade with SMC = Smart Money Concept, you will identify the breakout zone as an ORDER BLOCK .
3. Prices made a Swing High, followed by a "FALLING WEDGE" pattern, forming liquidity beneath the minor swing lows while approaching the ORDER BLOCK .
4. 1st Buy Entry would be at "OB1 - PRIMARY ZONE".
5. 2nd Buy Entry would be a classic "Breakout Retest" retail trading technique.
This is how you combine Retail Logic with Smart Money Concept.