Smart-money
US30 shorts 28/02/2022US30 shorts this week.
I see it going to 32150s even lower.
Not a financial advice.
NAS100 ForecastSo our short was stopped however we still have a long zone below which we is on our radar.
If price breaks into the empty space below and starts to reverse we have 2 short zones highlighted in red we expect price to reject off to continue down into our long zone to then make way to our 🧲 zone.
At this moment in time we remain flexible in our analysis. If our long zone does not hold we re analyse again!
XRP FORECASTOccasionally we will post some crypto analysis if there is a lot of interest in the currency.
XRP is a very popular one so we decided to analyse it. Most cryptos are now reversing from a long term down trend.
XRP is no different, we don't tend to short crypto but use these points as targets to take profit from our longs as you can see by the potential short zones.
This is what we see for XRP long term if we continue bullish order flow.
$1.28 and $1.70 are our target zones!
GBP/USD Short ForecastAs we have been in a long term down trend for the last couple months we are long term bearish on OANDA:GBPUSD . Expecting price to drop to our magnet zone.
Price already respected out Short Zone however we anticipate a second test deeper into our zone before dropping with momentum. If not we will look to take intraday trades down into our long zone which we do not expect to hold however, we expect price to react briefly off, before later breaking it to form new lows. We will also lookout for new short zones that may form in the mean time.
EUR/USD ForecastingAs we have been in a long term down trend for the last couple months we are long term bearish on EURUSD . Expecting price to drop to our magnet zone.
It seems price is retracing so we are short term bullish until price reaches short zone 1 where we will be looking to short. If price does not respect zone 1 then we will look to short from zone 2.
However we are also weary price may continue dropping from here and create new lows. We will look to see how this week ends. EU price has been choppy for the past several weeks so we are on standby until we get a clear indication of price respecting our zones.
USDZAR Smart money concepts💰We're looking for high probable trades on our Area of interest (AOI). The price can simply sell to buy, then collect liquidity and shoot down from our AOI, That's where we are looking for our shorts.
This is not a signal but a forecast, apply risk management, and manage your your trade when in profit, don't close until we reach our next purple demand zone.
Be patient enough, this is a high priority set up with huge percentage of returns when caught in the right entry.
Possible sell for GBPUSDUsing my 3 rules of SMC I looks at the higher timeframe and I see a Clear down trend. So my bias is a sell.
Secondly I look at for areas of supply and demand and I see a supply zone which has already been tested so I looks out for points of re-entry.
To re-enter I check on the 4 hour tf and saw an order block which had broken structure, has momentum and volume and remained untested. I noticed this 4 hour order block was a wyckoff distribution in the 1 hour tf. The distribution remained incomplete as the last point of supply has not been tested(details will be provided in the comment section)
I moved into the 30 minutes tf and got my point of entry
Entry 1.37843
Stop loss 1.37966
Take profit 1.32725
Our risk is 12 pips
Our reward is 512 pips
Our risk reward is 1:46
We can allow the sell to ride unto the weekly low to enjoy maximum profit
SHORT INCOMING! US 100According to smart money rules and market structure - We have a break in market structure which formed a very obvious engulfing orderblock (Supply), followed by multiple spikes up to form a pool of liquidity which I suspect will be taken out very soon to enter the orderblock and short from there. This is so obvious, its funny. If it doesnt work out, oh well.