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SMC-ICT

USDCHF Potential Forecast | 3rd April 2023Fundamental Backdrop 1. CHF CPI m/m increased by 0.2%, much lower than the forecast 0.4% and previous 0.7% m/m. 2. The softer print of CPI shows that inflation has been slowing down at a much faster rate which could signify a dovish landing on the SNB. 3. Market Open on Dollar has been very bullish, however, with NFP lurking this week, expect plenty of volatility in the market. 4. USD ISM Manufacturing PMI releasing later on in the day and market has been pricing in a 47.5 compared to 47.7 previous. Technical Confluences 1. H4 resistance level at 0.921. 2. H4 support level at 0.9085. 3. Price could potentially retest the resistance level at 0.921. Idea Given the weak CPI reading on CHF, there is a weak bullish outlook on USDCHF as upcoming ISM news on USD is also slated to be a softer print. NOT FINANCIAL ADVICE DISCLAIMER The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas. We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades. Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks. OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
Long
by OlympusLab
S&P 500| SHORT INCOMING | DECRYPTERS Hi people welcome to Team Decrypters POTENTIAL SHORT SETUP We Expecting short term Retracement At least ( orange path) Long term Target ( yellow path could be followed ) FED has cleared they will Keep Rate hikes ELEVATED for long time , Markets are pricing in Future Rate cuts i don't think there will be ANY RATE CUTS ,probably 1 more Rate hike and than pause and than keep the RATE HIKES Stay There. People will Start to spend Less This will Surely cause RECESSIONARY ENVIOREMENT Which will cause Earnings to DROPS , Meaning Companies EVALUATION will DROP Markets Can even CRASH IN MY OPINION ( circumstances can change later but for not it SEEMS) NOTE :- NASDAQ PREVIOUS CHART linked so in short Nasdaq will Follow S&P 500 Same things Apply for NASDAQ
SP:SPXShort
by DECRYPTERS
1
EURUSD Potential Forecast | 30th March 2023Fundamental Backdrop 1. EURUSD has been bullish 2. Tonight's final GDP q/q for the US could give us an insight on the US economy 3. Market has been pricing in a bullish economy for the US which could potentially lead to short term downside potential in EURUSD Technical Confluences 1. Price is nearing the resistance level at 1.0881 and could see rejection off this area 2. Any short positions or ideas would be an intraday perspective, especially given the uncertainty in the market currently. Idea With a medium bearish bias for the EURUSD today, price could potentially tap into the H4 support at 1.0755. NOT FINANCIAL ADVICE DISCLAIMER The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas. We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades. Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks. OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
Short
by OlympusLab
1
USDJPY Potential Forecast | 28th March 2023Fundamental Backdrop 1. Plenty of uncertainty surrounding the banking and financial system/ USD. 2. JPY continues to be the more stable currency. Technical Confluences 1. Price in a strong bearish trend with price under the Ichimoku cloud 2. Lower lows and lower highs are being formed 3. Price can potentially retest the support level at 129.82. Idea Looking for bearish trend continuation and for price to tap into the key support level at 129.82. NOT FINANCIAL ADVICE DISCLAIMER The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas. We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades. Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks. OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
Short
by OlympusLab
XAUUSD | GOLD | DECRYPTERS | Hi welcome To Team Decrypters Detailed Analysis On GOLD :- --Expecting Retracement on DXY & BONDS - --Bearish Harmonic Setups- --Divergence - --Retracement is DUE ( 50% - 60% ) - -- Premium zone / IMB / V- Liquidity - -- Pith fork Top- -- Double top / Triple Top- -- Daily Tweezer Top - --Reminder We have Cup & Handle and Bull Flag on MONTHLY chart of Gold ( I Seriously Think We will see ALL TIME HIGH In GOL this year) NOTE :- We May still see A move to the Upside for next 1-2 Weeks ( 5-12 April ) Personal Opinion :- ( I still Think we should see a wick to the upside before proper downward in Movement )
FOREXCOM:XAUUSDShort
by DECRYPTERS
AUD/NZD - Selling pressure is on with the INV C and H and SMC Inv C&H formed on Daily. We are now waiting for a break below the brim level. Once this happens, will confirm a fantastic position to go short. 200>21>7 - bearish RSI<50 Target 1.03686 SMC Buy side liquidity formed on the top of the Handle which made an Order block (Where the big boys sweep in the buying with retail traders - and offload their own positions). This creates the selling pressure and inclination for prices to drop. Confirms a good short position is on the way.
Short
by Timonrosso
GBPJPY Potential Forecast | 23rd March 2023Fundamental Backdrop 1. GBP inflation came out strong and paves way for more hawkishness from the BOE and rate hikes. 2. JPY continues to be the dove. Technical Confluences 1. Price is currently on a higher timeframe bullish trend 2. Price could tap on the H4 resistance above (red zone) 3. Price have cleared the previous daily low Idea Looking for the price to head towards the H4 resistance at 166.04. NOT FINANCIAL ADVICE DISCLAIMER The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas. We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades. Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks. OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
Long
by OlympusLab
TRADE UPDATE: Pepkor is still short and winning but can move upThe Pepkor Large Head and shoulders broke below the neckline and showed serious selling. The trade has been a long hold but definitely worth it. For 1, the price is moving down constantly - without any worry 2. We are making profits daily because of Short Interest income. So I'm happy to hold the short to R16.00 or so. On the SMC side (Smart Money Concepts) It is showing some upside to come. We have had a BOS (Break Of Structure) to the upside as the previous candle closed above the wick of the previous candle. This tells us there is a shift in the market where we can get some upside. However, it will be short lived to around R18.30... Then we can expect the price to turn back down and head to our target.
JSE:PPHShort
by Timonrosso
SMC analysis - AUD/JPY LONG to 90.00Yen - Nearly ready to buy SMC (Smart Money Concepts) Potential BOS (Break of Structure) is forming, But remember, there needs to be a complete CLOSE above the previous HIGH in order to confirm. Some signs that we are seeing upside to come are the lower wicks (3 times). This could be buying pressure from Smart Money as they are sweeping sell side liquidity from Retail traders. My first target of liquidity will simply be a 50% level between the swing high and swing low (Gann box or Fib level - same thing). Target 90.00 YEN
Long
by Timonrosso
2
BHG showing downside to come but with a LOW probability - SMCInv Cup and Handle (Bearish) formed which the price broke below. Price>200 - Bullish This is conflicting which shows sideways movement. Target R451.27 Low prob trade due to SMC Read below SMC The price is at the moment in an Order Block (Sell Side Liquidity) Look at previous levels of supports (it's all around here at R514.70.) This is where Orders get the long (buyers) out of the market which sells their positions and the Big Guys buy which pushes the price up. With price above 200SMA and with the Order Block - It's for this reason the long trade is a LOW probability one. WHich I'm probably going to leave alone as there can be chop in the next few days.
JSE:BHGShort
by Timonrosso
1