Smcanalysis
MY IDEAL MOVE FOR MNQ1!so MNQ recently broke the bearish daily gap that it had been struggling with for awhile which i expected to happen by the end of this month, and in turn it created a bullish daily imbalance. There are 2 moves that i am expecting right now, the first is for it to either stay in a range for the next 2 days and create a weekly gap, and after we fill the gap next week we push towards ATH's. And the second move is for it to fill the daily gap in these next two days and have a slow and weak approach towards ATH's or completely disrespect the daily and just range. SO MARKET RANGE FOR THE NEXT 2 DAYS IS IDEAL (for me)
USDCHF - towards 0.90810?OANDA:USDCHF is currently approaching a key support level that has acted as a strong base for upward price movement. Recent price behavior suggests this level could once again turn into a significant demand zone.
If we see confirmation of bullish sentiment—such as increased buying activity or reversal candlestick patterns—there’s potential for the price to go towards 0.90810, aligning with the current trend. If the support is broken, it may point to a reversal in momentum, potentially leading to further declines.
I am prepared for potential volatility to adjust the risk management accordingly.
Daily Market Review and Analysis for BTC: January 2, 2025#BTC (1h)
The cryptocurrency market capitalization rose by 2.74% over the last 24 hours, BTC dominance fell by 0.6%.
#Bitcoin continues its local uptrend, which is especially clearly visible on lower timeframes (up to 15 minutes). In particular, the price of the first cryptocurrency continues to periodically rebound from trend liquidity, which indicates that the liquidity pool will soon reach the level of $97,544 and then roll back to the area of $96,200.
This scenario will be relevant if the price consolidates with the body of the hourly candle below $95,924. But as mentioned above, now the most realistic scenario is to take the liquidity price at $97,544.
As for the global scenario, BTC is in a bullish cycle and the primary target in the medium term is the buyers' liquidity level (BSL) at $99,963, where the price is likely to fall for the sellers' liquidity (SSL) withdrawals at $90,500 and $88,722.
Market Structure Analysis of GBPUSD Using SMCOn the 4-hour timeframe, the main is downtrend.
On the 1-hour timeframe, the main is uptrend.
On the 15-minute timeframe, the price shows a bullish reversal signal.
Therefore, there is a possibility that the price will rise and break through the previous high.
Wave structure of ZEC coin in day time frame- DAY is swing bullish=> current is pullback
- 4H is swing bearish => current is pullback
The daily time frame is in an uptrend. The 4-hour time frame is in a downtrend. Therefore, we can buy when the price reaches the demand zone of the daily time frame or at the 4-hour time frame for a bullish reversal signal.
GBPJPY potential longAfter a sharp move up form the discount zone and now consolidating on a FAG there is a strong indication that pair will move up before turning down to follow the overall down trend.
Suggestion is wait for a further confirmation by letting the pair break past the PWL level & enter on the pullback & trail stop it to TP1
If price breaks past TP1 level wait for a pullback into the orderblock to enter again before holding for TP2
Since the overall trend is down trade with caution and move your stop loss to breakeven when allowed then trail stop