Smartmoneysetup
EURNZD BUY LONG / SMART MONEYEURNZD 2 hours
Searching for two possible buy setups, the first of which is a sweep of Asian lows. If not, I'll wait for a key retracement at a target zone. I'm hoping it will respect the macro structure it's created; if it does, we'll be fine. If the slower market structural momentum begins to decline, I expect a continuation rally to the downside.
$C98 is breaking structure. Ok, I am totally bullish on $C98. Started doing HH and HL, we are ready for a takeoff after breaking last high.
Fundamentaly good project with a big hype.
Do a DCA strategy: adding a lot now - selling at the pumps, and then rebuying at discounted areas.
Targeting: 10+ in the long term.
GBPUSD - SHORT ContinuationThis Trade setup has been created based on Fundamental & Technical Concepts.
GBP/USD is fading an uptick to daily highs of 1.3891, although remains well off the weekly lows at 1.3855 in early European dealings.
The retreat in the US dollar across the board helps the rebound in the cable but the risk-off market mood spoils the party for the bulls.
Despite the renewed upside, the pair remains exposed to downside risks amid expectations of earlier Fed’s tapering, looming Brexit concerns and the UK political jitters.
GBP/USD technical outlook
Looking at the four-hour chart, GBP/USD is has bounced off the falling wedge support at 1.3855, although the upside attempts remain capped below the downward-sloping 21-Simple Moving Average (SMA) at 1.3905.
The immediate resistance is seen at the 50-SMA of 1.3913. Further up, the falling wedge upside barrier at 1.3935 could be put to test if the recovery momentum picks up pace.
However, with the Relative Strength Index (RSI) still lurking below the midline, the cable’s bounce appears shallow.
A breach of the abovementioned critical support could open floors towards the horizontal 200-SMA at 1.3835, almost where the 100-SMA lies.
Reference :- Click here
EUR/NZD FOREX ANALYSIS: SMART MONEY CONCEPT FOREXThe banks have taken liquidity at the top of which we were also involved in, we traded the pair to take liquidity to the upside now that liquidity is taken it's in line with the H4 Order block which may mean that price should be able to go down at least for a moment. Though there is a kind of imbalance at the top of which our eyes need to also look upon but I think price should respect that OB.
DXY Forex Forecast and Analysis - Smart Money ConceptThe dollar index which is DXY is really bullish but the fact that it is bullish doesn't mean that we cannot sell. But is has to be done based on knowledge. Price has been forming a higher high and lower lows, but where the price is currently is kind of forming a failed swing which means, it is not recommended to buy or sell until there is a clear direction via a break in market structure.
NZDUSD Double Buy Trade IdeaI am Looking for a posible buy scenario on NZDUSD.
Confirmations:
Middle Structure break
Liquidity grab
Institutional move (unmitigated)
Imbalance
Imbalance as logical targets
GBPUSD ANALYSIS (4HR TF).Well guys and girls, as you can see price is in a very strong bullish pressure to move higher,
How I came to that conclusion is by looking at the daily time frame and I saw that price has been moving higher due to a certain order block that I didn't mark up but feel free to go and look it up on the daily time frame,
so back to the 4hr time frame, price dropped to the 4hr order block that has been market up on the chart,
Price shot up from that order block and created imbalance that later came back to mitigate and now looks like price is coming back to retest the order block,
but stay tuned to get my end of the day analysis,
I'm happy to be back guys and girls.