Smartmoneyconcept
We are we doiiiingggg lol ?Daily: Tuesday trading was bearish pushing into the weekly low. Wednesday's price failed to take out Tuesday's daily low creating indecision. For me, that's giving the idea that Thursday can go either way
4hr: RTH shows that the NY session had mostly bullish volume but still a bearish presence at the highs. Longs will be favored if we can get above 20.266.00
M15: After the NY session on Tuesday, the price went into accumulation and attempted the expansion today leaving behind a m15 imbalance that I will be curious how the price reacts to if retested
If it holds we can see long stepping back in, but if it fails price might push back to the lows
I want to see how the overnight session trades to see if it gives any sentiment of price moving higher or lower in the Asian and London sessions.
GOLD BULLISH BIAS|LONG|
✅GOL D is trading in an uptrend
Along the rising support line
Which makes me bullish biased
And the price is about to retest the rising support
Thus, a rebound and a move up is expected
With the target of retesting the level above at 2680$
LONG🚀
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GBPJPY Buy analysisGJ created a demand OB at approximately 190.300. After that we had a push towards the upside reaching app. 193.00. As price went down, a potential supply OB was created which would be our target due to the confluence of equal highs created right under it. Price pushed further mitigating the 190.300 OB and created a new one once it reacted off of it (This was our entry DOB). Right before the asian session an area of sell-side liquidity was created and our asian session created highs and lows which also acted as liquidity. Right after the asian session, price swept the Asia low liquidity as well as the sell-side liquidity and tapped into the second DOB, This is where we entered. The target was simply imbalance that was made by the push towards the DOB, then the Asia high liquidity and finally the equal high liquidity. Trade went to TP and went even further, pushing through the Supply OB which was our TP.
GBP-USD Local Long! Buy!
Hello,Traders!
GBP-USD is trading in an
Uptrend and after a local
Correction the pair has
Hit a horizontal support
Level of 1.3252 from where
We are already seeing a
Bullish reaction and we
Will be expecting a
Local bullish rebound
Buy!
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Could We Be Going Long???Daily: Monday's candle swept below Friday's low and closed bullish. Price is still extended at a higher high in the daily bullish trading range. Price can potentially move higher into the previous day's high.
4hr: The 4hr trading range is still bullish in the corrective phase back into the 4hr volume profile POC, but we can see a potential reversal for longs playing out if the price closes above 20286.50 on the 4hr
m15: If that happens I will look for a pullback sweeping sell side for long entry
Again, we let the price develop overnight before the NY session and updated in the morning to see if anything had changed.
Since NQ and ES move in the same direction I will be monitoring for divergence or convergence between the two
NZD_CAD LOCAL SHORT|
✅NZD_CAD went up just as
I predicted in my previous analysis
But is now approaching a supply level of 0.8624
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bearish bandwagon just on time to get the best
Risk reward ratio for us
SHORT🔥
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AUD-USD Swing Bullish Breakout! Buy!
Hello,Traders!
AUD-USD is trading in an
Uptrend and the pair
Made a bullish breakout
Of a key horizontal level
Of 0.6900 which is now a
Support and the breakout
Is confirmed which reinforces
Our bullish bias and makes
Us expect a further move up
Buy!
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Let The Price Develop Daily: Last week, the price extended higher until Thursday staying in the daily higher high range
Friday's price closed lower potentially starting a corrective phase this week
4hr: The 4hr trading range is still bullish but has now started the corrective phase back into the 4hr volume profile POC, There is a bullish imbalance sitting around the 20,138.00 area that could act as potential support, but we would need confirmations for longs
m15: Since the 4hr is in correction, the m15 is bearish, and we can see potential short-term selling. I will be watching 20,255.00 to 20,221.00 levels for shorts.
Of Course, let the price develop overnight before the NY session when I will update to see if anything has changed.
Since NQ and ES move in the same direction I will be monitoring for divergence or convergence between the two
TESLA SWING SHORT|
✅TESLA is about to retest a key structure level of 271.58$
Which implies a high likelihood of a move down
As some market participants will be taking profit from long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
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