NZD CHF ANALYSIS hello traders
I will share an accurate analysis of the NZD CHF
Using waveform analysis and smart money strategy
First, the wave analysis
The main motive wave is to the downside and now the price is correcting and the correction is still not completed. We have a strong bullish wave and a bearish wave in the form of an ABC pattern.
I have to have another strong upward wave
Secondly, Smart Money
The price was moving in a downtrend and is lower high and lower low
Then there was a change in behavior and a higher high . universe
Then it is equal high and represents the liquidity, and we have confirmation of price reversal from the block of orders where the price was lower high and lower low and there was a change in behavior and the price was higher high and higher low
By 90%, the price is heading to break the level of 0.57000
Orderblocks
Smart Money SHORT | GBPUSDLooking at GBPUSD
Asian session low has already been manipulated / We have had a CHoCH to the downside and now I'm looking for a shorting opportunity.
The first target is the previous low and then long-term target is back down at 1.03
There is a strong possibility that we manipulate the Asian highs before moving low but it's a trade I'm willing to take the trading opportunity.
BTC D short-term ideaHi
this is my idea about BTC for few days
since the August CPI announcement, the percentage of downtrend after important data releases (at least for now)
has been getting littler
(9/13→August CPI)
(9/22→FED Interest rate releasing)
(10/7→FED Non-farm Payrolls)
***but the Sep CPI announcement on the coming Thursday should impact prices (just a matter of how big)***
BTC price has been in an uptrend tunnel since 9/21
continue to make HL,
even NFP impacted, the price stopped falling once it hit demand zone (is given on chart)
if uptrend tunnel is still valid after CPI announcemt (10/13),
I will consider finding a bullish entry point that should be found in LTF and match demand zone is better (LTF & HTF''s demand zone)
TP set at the lower edge of supply zone (is given on chart as well)
that's is just personal opinion, not investment advice
any suggestion and feedback are welcome!
Smart Money SHORT | EURUSDLooking at a short here with the CHoCH that has taken out the Asian lows right at the start of the London session
Let's see how it plays out. Although long term is still very bearish we have made a structure on the higher Tf's that has caught my eye for a potential reversal to go long. Lets see how it goes.
Trade Safe, Trade Smart
SHORTPrice successfully filled inefficiency on H4 around 1721. It is also below the previous weeks highs, and it's starting to form new bearish structures on lower timeframe. For short re entries, Use the M5 OB(1712) that was formed after H1 Break of structure. Possible Targets 1685, 1670, 1647, 1628.
All the best
ShortPrice is still on a critical weekly and monthly supply zones. Last week's candle did not manage to break previous weekly highs signifying probability of reversal. What we need to see is clear BMS on H3/H2, then RTO or retest of BMS for short positions. The breaking candle needs to have momentum.
All the best.
Smart Money SHORT | GBPUSDDuring the early stages of the LDN session, we have swept the Asian session highs and lows which is typically what I like to see when entering a trade like this.
LTF supply area I am targeting for entry.
Let's see if we get tagged in and where we can get to if we are tagged in.
Safe Trading!
EUR NZD LONG TRADE Hello traders
in today's session I'm waiting for EUR NZD for a buying opportunity to target the top
Analysis
We have an increase in the buyers’ momentum and the price is still inside the wall and an expanding correction pattern is present and there is a strong reaction from the buyers when the sellers tried to break the support level. The price is expected to retest the block of orders and rise to form a higher top
AUDUSD long from M30 orderblockHello everyone!
The price has made Change of Character on Asian session and mitigated the OB on European session.
I expect the price to continue it's uptrend. First goal is local high, but considering the diviregence between AUD and other major currencies, it could go much higher.
Entry: 0.6483
SL: 0.6464
TP: 0.6544
US500 Short SetupUS500 is structure is bearish, trend is pushing down and right now we can discern price gravitating back to 1H order block. Let's wait and watch how price will react from this point of interest. Goodluck!