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SMC

CADJPY may go up from the bullish order block.CADJPY may go up from the bullish order block. BULLISH ORDER BLOCK :- 108.185 AND 107.960 There is another bullish order block slight below the first order block. The price is now at bullish order block it's time to open the position within the order block to have the profits. i have analyzed chart using most advanced price action strategy using SMC (smart money concepts) according to my analysis i suggest :- Entry price :- 108.185 Take profit :- 108.893 Stop loss :- 107.626
Long
by PraveenTrader1
GPBCHF / H1 / SHORTWe can expect downward momentum from the bearish order block. GBP/CHF is currently positioned within a bearish order block, indicating a high-probability zone for potential price reversal and downward movement. Based on the current market structure, this could be an optimal time to consider entering a sell position. Bearish Order Block: 1.12789 and 1.12662 Smart Money Concepts (SMC) , an advanced price action strategy used to identify institutional price levels, has been applied in this analysis. SMC allows traders to detect critical areas where institutional traders might place their orders, such as order blocks. In this case, the bearish order block is acting as a potential resistance area from which the price may drop. Given the current market sentiment and technical structure, we can expect the price to react negatively and move lower from this key zone. The bearish order block suggests that institutional sellers are likely stepping in, further increasing the chances of a downward momentum. It is important to monitor the price action closely at this level to confirm the move before fully committing to the trade. Observing a clear rejection or signs of distribution within this zone can provide further confidence in the potential downside movement. According to my analysis i suggest that: Entry price :-1.12676 Take profit :-1.12240 Stop loss :-1.13112
Short
by PraveenTrader1