Smartmoneyconcept
EUR-USD Potential Long! Buy!
Hello,Traders!
EUR-USD is trading in an
Uptrend and pair is now
Making a pullback to
Retest a horizontal support
Of 1.0932 so after the retest
We will be expecting
A local bullish rebound
Buy!
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EUR_GBP LOCAL SHORT|
✅EUR_GBP is retesting a resistance level of 0.8540
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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Weekly XAUUSD analysis, 5 - 9 Aug.- OF is Bullish.
Price mitigated the weekly demand area below the EQ and shifted to bullish.
Now we expect the price to take off the weak INT daily high.
- The price failed to take the previous high and closed bearish.
Now the price could shift bearish again or could make just a reaction.
Follow LTF.
D:
- The price shifted to bearish and has already hit the INT EQ.
Maybe now we can see a bearish leg in the extreme INT range before taking out the weak swing low.
Or after failing to close above the swig low now is ready to shift bearish and take out the swing low.
-Follow LTF to clarify the structure.
4H:
- After swing BOS we expect a swing pullback.
-INT structure shifted bearish.
The swing pullback phase is now on.
- The price is already in the EQ, maybe it's the end of the pullback phase or will be another bearish leg to the downside.
15M:
Bitcoin Testing and Testing Demand ZoneBitcoin is once again seeking to fall into our equilibrium zone (purple zone). Bitcoin has tested this zone several times, and if we look at the overall structure, Bitcoin continues to bounce within a range.
Our plan remains in place. Remember that markets need to make pauses or retests before taking action. Additionally, we must consider that markets, in general, have been bearish—we are in a bear market. However, the points of interest I have marked are based on historical prices and significant liquidity, so we can expect aggressive movements once the price reaches the indicated zones.
Thank you for your support, and don't fear these bear markets; on the contrary, we should average in and take advantage of the opportunities they offer us.
Ethereum 2nd Test on our demand zoneEthereum decided not to continue with the trend but to conduct a second test before the rally. This pattern is very natural when the market breaks a channel and seeks equilibrium points in demand zones.
Our plan remains in place. Remember that markets need to make pauses or retests before taking action. Additionally, we must consider that markets, in general, have been bearish—we are in a bear market. However, the points of interest I have marked are based on historical prices and significant liquidity, so we can expect aggressive movements once the price reaches the indicated zones.
Thank you for your support, and don't fear these bear markets; on the contrary, we should average in and take advantage of the opportunities they offer us.
Regards
EUR-USD Potential Short! Sell!
Hello,Traders!
EUR-USD keeps going up
Now in a local uptrend
But the pair will soon
Hit a horizontal resistance
Of 1.0948 and after
The retest we will be
Expecting a local
Move down
Sell!
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CAD-JPY Risky Long! Buy!
Hello,Traders!
CAD-JPY keeps falling and
The pair is massively oversold
So there is a chance that
After the retest of the support
Level below at 104.246 we
Will see a local bullish correction
Buy!
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