SMC-ICT
DXY| ON A BEARISH ASSIGNMENT We have started seeing the smart money footprint on their interest to short the USD ever since when we mitigated the Monthly overall bearish order block.
the smartmoney already edged and are now preparing to go even more lower to take out long term sellside liquidity that has been accumulated.
StefanFX ...
WTIUSD| USOil ON A BULLISH ASSIGNMENT US oil finally repriced to go higher...
Confluences:
A sweep of liquidity below a weekly low
smartmoney Trapping retail bullish orders on the weekly with a failure swing
expansion to the upside creating a bullish mss / smartmoney institutional price swing/ Bullish Open float
Price traded I to the discount of the price swing and expanded to create equal highs.
smart money traded lower to trapped retail resistance traders
The smartmoney engineered liquidity below a short term low to take the price higher to a HTF premium array which is the draw on liquidity highlighted in the chart above.
Expectation :
Us oils will be price higher by the smart money to draw to the draw on liquidity.
Conclusion :
we have a bullish bias for this week and beyond
EURUSD potential Forecast | 14th November 2022Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Here's a trade idea for 14th November 2022.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
Analysis
- I notice that price closed on the Daily with a very strong bullish candle
- Also spotted the BSLQ at 1.03688
Idea
Looking for price to clear the BSLQ at 1.03688, where heading towards the Daily Supply zone at 1.04171.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
EURUSD potential Forecast Freaky Friday | 4th November 2022Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Analysis
I still have an overall bearish bias for EURUSD. Through my observation, I like how the chart has a relatively nice order flow where price is retracing up and tapping into the Fair Value Gaps before heading back down.
Idea
Expecting price to possibly continue bearish to head towards the H1 Demand Zone at 0.97018 where there are Relative Equal Lows resting just right above it.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
EURUSD potential forecast | 2nd November 2022Hi everyone, today I will be talking about a possible EURUSD short trade using Smart Money Concepts.
Trade Idea
- Price rebounded off the fair value gap and market inefficiency as noted by the FVG zone.
- Anticipating price to continue moving down in light of the upcoming FOMC meeting.
- There is a possibility of FOMC pushing price further down.
- Price is still BEARISH structurally and is forming lower lows and lower highs.
These are my confluences to why I believe price can continue headed down.
Do leave a boost and a comment!
Will love to hear everyone's opinion on EURUSD now.
EURUSD potential Forecast for New York | 1st November 2022Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Fundamental news release 10am NY
- Shorting EU downwards due to the bullish USD news with the JOLTS Job Openings being better than previous + forecast
- Construction spending also was way better than previous + forecast
Entry
Short to the Unmitigated H4 Fair Value Gap at 0.98007
Always use confirmation entries on the lower timeframe for entries! Stay safe trading guys!
Please comment + boost this post if you guys enjoyed this!
EURUSD: Direction bias for the week!!! EU has just given us a sign of institutional backing on the bullish side, and that was the market structure shift (MSS) that happened on the daily TF last week.
We had a failure swing point to go lower below the previous low and that was the smart money trapping more sellers, they finally displaced above the short term high formed.
now we have a high probability bullish bias for the week.
Confluences:
📌. After the displacement above the short time high created on the daily TF last week, we have price left a fvg.
📌. IPDA, currently repricing to go higher for the week by trading from premium to discount P.D-Array matrix where they'll be looking to long on EU.
📌. Today is tuesday, and we're likely to create the low of the week today cause price has now traded into the discount of the previous bullish price swing on daily, and has also filled In the fvg In the discount.
📌. looking for the smart money to engineer liquidity below the previous day low today and see them buy into a premium PD-array as an expansion for the larger time frames.
📌. Targeting liquidity pools above the old high and equal highs above.
📌. we now have the buyside open float, which means the smart money has shifted their interest to be bullish.
Conclusion:
We have an order block as shown in the image, we're going to see smartmoney manipulate into that.
The bias for this week is bullish, looking for long opportunities is likely to be more probable than the shorts.
StefanFX.....
EURUSD: THE START OF A BULLISH ASSIGNMENT. EU just retraced Into a discount and we just seen it mitigate order block shown on the chart in the discount.
we've just mitigated a long time Order block last week and the smart money have been closing their long term short positions for long due to the fact that we're also In a decade price range discount...
we saw a bullisb impulsive move last two weeks and that is the smart money showing that they are now ready to bring in the long position Into the market.
I'm expecting EURUSD to seek for the liquidity above the eqal highs shown in the image, move Into a premium PD-arrays where we have the fair value gap, and might also seek for the liquidity above the initial swing point old high.
This is the Central banks dealers range for this week.
conclusion
This week will be very bullish on EURUSD.
STEFANFX.......
EURUSD potential Forecast for today | 31st October 2022Hi there guys!
I will be using SMC + ICT Concepts for my analysis.
I'm looking for a potential sell entry on EURUSD on the H1 Chart towards the 0.98755 level where the H4 POI is located.
Do give this post a boost if you guys enjoyed it!
Any questions feel free to ask me I will try my best to answer them.
USDCHF Bullish Wave Triangle CorrectionUSDCHF will most likely continue to rise meaning that the main objective is the Bullish direction, I wouldn't consider taking the countertrend move even though it's optimum but not worth it. It's safe to wait for a Triangle correction pattern completion before buying still keeping in mind the fact that waves 1 and 4 never overlap.
NAS Intraday/Scalp ShortNasdaq, potential setup to go short, targeting the zones below where price could reverse and go long