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SMC

BTC 1h upward rally updateMEXC:BTCUSDT Here's what SMC tell us: after a slight dipping to the DP.i (58550) point of interest (POI) then we ready to see a confirmation signal to buy the dip. that confirmation would be 1. SCOB: Single Candle OrderBlock 2. Lower Time Frame (5mins) ChoCh: (ChoCh: Change of Character) Without a confirmation entry, we are not allowed to execute buy position, and then we have to be patient for price to get to a lower important level, such as Minor High Liquidity Low (57220) or Minor Extreme POI (56025). I will update Bitcoin regularly.. Take Care
by x-Aurio
2
GOLD Will Remain Bullish Tomorrow As Well 100%!Hello traders, GOLD is expected to experience a very minor correction, presenting a buying opportunity. NO BEARISH OPPORTUNITY! Bullish Opportunities: We are anticipating two possible scenarios for gold prices; Scenario 1: Gold may experience a minor downturn to the $2576-$2573 range, where we will seek confirmation and consider entering a long position. Scenario 2: Alternatively, gold prices may extend their decline to the $2568-$2565 range. While this scenario has a lower probability due to the current buying momentum, it still presents a potential buying opportunity
OANDA:XAUUSDLong
by sabellaFX
1
This is my analysis for Gold 1. If the current candle stick closes below the support key level area as a simple rejection block(RB)(the RB indicates that volume is entering the market. This gives the the probability that subsequent candle will continue the movement.) then I can possibly enter the trade and sell down to next support key level expecting the price to continue the subsequent move downwards. NOTE: It is expected of the RB to close below the key level therefore performing what we call sweeping liquidity. But in a case it closes within the area of interest which is above the key level I will patiently wait for the next candle to determine my entry. 2. Once the market touches my FVG zone it is important to me the price does not close below the lower boundary, once this happens I will go LONG again since the market is Bullish. NOTE: DO NOT NEGLECT THE PRICE REACTION WHEN AN ORDER BLOCK IS TESTED THERE IS ALWAYS A STOP LOSS SWEEP ALONG THIS AREA
OANDA:XAUUSD
by PIASKA