Dirty context in a week of FOMC and ECB conferencesI expect price to be pretty calm today. I see more likely a return to the orange trendline followed by its breakout to take an entry in one of the many candidates I have drew.
I will most likely just watch the price action of today and don't execute any trade.
SMC-ICT
Hulamin Asc Triangle and Bearish FVG showing up signs to R5.40Ascending Triangle has formed since 13 June 2022 on Hulamin.
There are higher lows and same highs.
This means, momentum is pushing on up.
Other indicators include:
7>21 >200
RSI<50 - Higher lows
Target R3.59 and then R5.40
SMART MONEY CONCEPTS:
Now with Smart Money Concepts, we have something interesting.
A LARGE Bearish FVG (Fair Value Gap) has formed on the weekly chart.
What is a Bearish FVG?
A 3 candle structure with a down impulse candle that indicates and creates an imbalance or an inefficiency in the market.
Between candle 1 and 3, do NOT show common prices.
The price needs to move back up to rebalance and fill the gap.
During this process, it will rebalance and head on up to R3.59. Also the resistance will be broken, which will give way for the price to move to the next target of R5.40.
Confirmation entry on a Break Block (5m) + FVG (4H) confluencePrice already reacted to the BB (5m/ Yellow Border Square) + FVG (4H - Yellow Background Square) confluence and created a CHoCH. I expect price to react and continue pushing up after touching one of the two EQL zones.
I will risk 0.25% of my account size if in case price triggers both of my stoploss, I will still have another 0.5% to use because I think price will go bullish this week the next one.
GBPNZD strong upside push to 2 after C&H breakoutCup and Handle formed on GBPNZD.
The price broke out which gave a great entry signal.
We could even wait for the price to retrace back to the Brim level and get an even better entry.
7>21>200 - Bullish
RSI >50
Target will start off at 2.198. But once it breaks higher, we'll see more formations.
Smart Money Concepts
Sell Side Liquidity formed just below the handle of the cup.
Smart Money BUYS into positions (and sweeps liquidity) from traders who are long (get stopped) and for short traders who enter their trades.
Still trying to grab more LiquidityYesterday the price did an Asian Session Manipulation where Smart Money bought at 1.08000 and sold on the Asian highs at 1.08300.
Today I think that Smart Money might be interested in the EQH zone that was created on the previous structure. The same zone that they used to sell yesterday.
What I'm trying to say is that the said zone is important because it has a 15m order block (yellow borders), the pyschological level of 1.08300 and EQH.
The only reason I don't like this setup is because the Order Block was used already at least 3 times. In that case, the setup that I shared yesterday will have be more likely to be activated.
Good Luck.
Going with recapitalizationThe price started a clear recapitalization of a higher time frame range.
Have several confirmations, BOS, OB, OTE level and buy side liquidity to be taken.
What is against the trade is that clear Exposed liquidity marked with yellow, and could take me out, that's why I leave more SL.
SMC - ICT Setup in which price ran out of LiquidityPrice looks like It ran out of Liquidity after the previous BOS. This means that it needs to go up to continue going down to hit the previous several months long trendline low marked with an orange ray. I kept it simple and marked the take profit at the 1.618 of the Fibonacci level (green line)
The entry point is on the closest psychological level to the previous source Order Block that also created and FVG.
The Stoploss is the next psychological level above the price giving it a bit of space to "breath"
GU | NJ | XAG | EU | DECRYPTERS Hi people welcome to Team Decrypters Analysis
We did include DIFF PAIRS
Over all Little correction of JPY PAIRS ( NZDJPY included in chart )
SIGNIFICANT IMPULSIVVE MOVE TO THE UPSIDE IN GBP USD
SIGNIFICANT IMPULSIVVE MOVE TO THE UPSIDE IN EUR USD
SIGNIFICANT IMPULSIVVE MOVE TO THE UPSIDE IN SILVER
EXPERT OPINION FROM DECRYPTERS :- ALL THESE UP SIDE MOVE ARE SELLING OPPORTUNITY AND DOWN SIDE MOVE ON JPY PAIRS ARE BUYING OPPORTUNITY
EURUSD 1.08054 +0.33% LONG IDEA 🐮📈💡HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD.
* Looking at EUR/USD IN THE COMING WEEK
1. Looking for some correction to the buy side before continuation down.
2. Mitigating the -FVG above.
3. Before some cont. with the bulls.
4. Looking at that unfilled FVG as a possible entry with the BULLS.
5. TARGET would be the the BSL & THE DAILY -OB.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
AUDUSD 0.66453 +0.36% SHORT IDEA 📉🐻💡HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD.
* Looking at AUD/USD in the coming week
1. Closed the week RANGE bound.
2. Looking at the possibility of the bears coming into play.
3. Shold we break below the +FVG Looking to mitigate +OB below.
4. Definitely looking for some LQ runs before deciding on the pair.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
USDCAD 1.34943 -0.06% LONG IDEA 📈💡🐮HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD.
* Looking at USD/CAD in the coming week
1. Closed the week range bound on the Dollar/CAD.
2. Looking for some Liquidity runs to get some directional perspective.
3. Should we break above looking for short entries towards sell side.
4. Looking to fill some gaps below .
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
US30 33377 -0.5% SHORT IDEA 📉💡🐻HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD.
* Looking at THE DOW this coming week
1. US30 closed the week range bound.
2. Looking to take some liquidity to determine direction for the week.
3. should we take BSL looking to target shorts/ SSL.
4. Looking for continuation of the trend on the DOW.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
GBPZAR UPDATE Still on the way to R25.00 to the poundThe charts never lie!
I posted this trade alert in October 2022 with the massive Falling Wedge on the Weekly.
It broke above the R20.35 and it showed the next strong resistance at R25.00.
target will be R25.00.
I called it a long term analysis but changing it to a MEDIUM term analysis because of how quickly it's accelerated.
I guess we can only wait for the target to reach until the next trade alert is given.
Poor Sout Africa and those holding rands (Including myself).
Vodacom Boring range broken down - Target to R75.27Box formation formed over the last 9 months.
It was a boring range and we were waiting for a breakdown.
Which we now have and the direction chosen is DOWN.
200>21>7 - Bearish
RSI<30 - Bearish
Target R75.27
SMC - Buy Side Liquidity Order block formed above the Box Formation.
This is where Smart money has swept buying from dumb retail traders and have sold into it, causing strong downside.
XAUUSD | GOLD | DECRYPTERS Hi people welcome to Team Decrypters
We are expecting TREND REVERSAL IN GOLD we are sellers in GOLD
Because the Objective of liquidity is yet to come
liquidity is Grabbed it will be distributed
A possible intraday buy should be possible for now from lower levels ( 1962 -1978 )
CHF JPY | LIQUIDITY | DECRYPTERS HI welcome to Team Decrypters
== > We Are Expecting A down ward move for CHF JPY
--Double Top.
--End of Elliot Wave cycle ( So expect Bearish Correction ).
--ABC Corrective Move to Followed.
--DATA Based Bearishness.
--Divergences Along with Initial market structure Shift on HTF.
MY OPINION :- JPY will be Stronger SOON RELATIVELY
GBPUSD H1 analysisOn Friday I said price would deliver to the 22/05/22 nwog after an H1 candle close above 1.24260 before friday close but was too ambitious, instead price closed today at C.E (consequent encroachment) of the nwog. 1.25465 buyside is the first target for this week, so long as it doesnt trade below 1.24332 (23/04/23 NWOG low). Beautiful to see the algorithm deliver with accuracy like this :)