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Smartmoneyconcept

EUR/USD Long Utilizing 4H EB (Equilibrium Block)Since the market opened on Sunday EU has been on an uptrend. It also broke past the previous 2 week's resistance/supply zone and retested it using it as a demand zone on Tuesday morning during the New York AM session. Then proceeds to create a strong bullish candle during the NY PM session that same day. This then starts the process for the equilibrium block. The way I identify EBs is by making sure there is a 3 candle model. The first candle must be a strong bullish or bearish candle while the second candle is the opposite/a retest and then the third candle must be an engulfing candle. So for this example it is a bullish set up so the 3 candle model was bullish bearish then bullish engulfing. If it was a bearish set up it would be bearish bullish then bearish engulfing. I placed my stop loss under the smallest wick on the engulfing candle and gave it room to breath by putting it at an institutional level. It took over a day but this trade ended up hitting all profit targets! Trade Details: Entry Point: 1.06257 Stop Loss: 1.05995 Profit Target 1: 1.07282 Profit Target 2: 1.07965 Profit Target 3: 1.08242
Long
by sman579
CHFJPY at Key Support Level - Potential Buy SetupOANDA:CHFJPY is at a significant demand zone that has consistently triggered bullish reversals in the past. This zone has previously acted as a strong support level and now as price tests this area again, it creates a potential opportunity for buyers to regain control. I expect the price to move toward 168.60. On the other hand, a break below this support could signal further downside. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Long
by TrendDiva
2
EURGBP at major support zone: Bullish Rebound ExpectedOANDA:EURGBP is approaching a significant support zone, highlighted by previous price reactions and strong buying interest. This area has historically acted as a key demand zone, increasing the likelihood of a bounce if buyers step in. The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the pair toward the 0.83350 level, a logical target based on past price behavior and structural confluence. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Long
by TrendDiva
3