Smartmoneyconcept
Bitcoin 1H UpdateMEXC:BTCUSDT
Apparently a correction has been started.
The high of the structure confirmed by touching the IDM.i.
If the 1H candle closed lower than IDM.i,
we may expect price to drop further to the DP.i / ENG.i / EX.i
otherwise the IDM.i grabbed and make a SCOB for us to enter another Buy Position and the target one is the high of structure (63850) and the second target is the MPL zone (64460).
P.S: In the DPs & ENGs zones and grabbed IDMs we MUST get a confirmation signal to enter position which is SCOB or lower time frame (LTF) ChoCh. (EXs are confirmation-free entries)
I will update Bitcoin regularly..
Take Care
Aurio
CRUDE OIL RESISTANCE AHEAD|SHORT|
✅CRUDE OIL will be retesting a resistance level of 72.72$ soon
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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AUD-CAD Short From Resistance! Sell!
Hello,Traders!
AUD-CAD went up sharply
But then hit a horizontal
Resistance of 0.9269
From where we are already
Seeing a local pullback
And we will be expecting
A further move down
Sell!
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Gold Trading Plan 19-SEP-2024Hi,
It seems that the buying momentum is exhausted. Price continues to push itself down to test the previous demand. The selling opportunity is around 2579-2582. As you can see in the chart, this area can push prices down twice.
If the current price reaches this area, find the confirmation before entering the trade.
If the price breaks, we will find a buying opportunity.
AMAZON SHORT FROM RESISTANCE|
✅AMAZON is set to retest a
Strong resistance level above at 191.75$
After trading in a local uptrend for some time
Which makes a bearish pullback a likely scenario
With the target being a local support below at 184.00$
SHORT🔥
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AUD-JPY Potential Long! Buy!
Hello,Traders!
AUD-JPY made a bullish
Breakout of the key horizontal
Level of 95.500 then consolidated
Above the new support for
Some time and as we are
Bullish biased we will
Be expecting some
Bullish move up soon
Buy!
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Sept 19 2024 Buy TRADE GBPUSDThis was taken at around 12PM EST. Buy limit activated because of IMB price touch. I was waiting for this buy trade since yesterday because daily and 4h structure of GBPUSD was bullish.
Demand introduced last Monday and then continue going up to the supply yesterday ( Tuesday) . This was a textbook entry of bullish structure.
RR: 1:7
50,000 USD FTMO Account.
#supplyanddemand