Smcanalysis
Wave structure 4h, M15 of EURUSDIdeal POIs discount to look for longs to catch the next 4H bullish leg.
Price may not pull back this far as the monenturn is strong Daily supply has not yet been ment.
So I will cautiously follow bullish M15 structure that forms if it is clear
M15 Swing is bullish
Be mindfull it will likely switch bearish when the 4H Swing pullback is ready to strart
But there may be room for at least another bullish M15 Swing leg to 4H/Daily supply
DXY 4H HIGH SWEPTDue to DXY 4H high being swept and not breaking structure a weak low was created, as a result there is now liquidity to be taken at that weak low which will cause DXY to potentially move to the downside in order to mitigate an extreme demand zone. As a result if this happens we can expect currencies such as EUR/USD and GBP/USD to move to the upside.
EUR/USD APPEARS BULLISHWith the DXY temporarily bearish to facilitate a pullback on its 4H leg of price we can expect EUR/USD to be moving bullish Aswell as they are negatively correlated. We need to be vigilant and aware of the fact that supply zones lie ahead meaning that we will be open to sells as we approach those zones. The supply zones may end up causing 4H BoS or further bearish structure to merely mitigate extreme demand zone.
USDJPY H1 USDJPY H1 (SMC)
1-Entering a trade on the dollar and the yen. We note that the price was in a strong upward trend. Break through the top. He quickly returned under it, and this was the first sign of a change in direction
2-Then it broke the low that formed the last high
3-Retesting forms resistance. And give areas for holding sales deals
Have good Luck
RISKING 3% FOR THE REWARD OF 15% IN NSE:METROPOLIS HEALTHCAREprice made CHANGE OF CHARACTER from BERAISH to BULLISH in DAILY time frame and taken out the inducement (1st pullback) and reached the first valid DEMAND ZONE and we can look for LONG from that level and can ENTER the trade ABOVE 25/08/2023 candle's high by placing a strict STOPLOSS of 3% or when the SL got hit, can look for long from extreme demand zone (price level - 1210 to 1970).
GBPUSD 08/07-11 WKLY OUTLOOKBLACKBULL:GBPUSD
Time Frame H1
- Price is at a H1 - OB
- Looking for price to fill FVG that was created by NFP
Outlook 👁️🗨️
Have ours eyes set out price to retrace back into a discounted PDA
1.2713-1.2728
how the zone was created, with the fib tool (most recent swing high to swing low)
GOLD on a strong Buy zoneif Gold takes out the sell zone as in the red arrow shows, expect a possible rise after a retracement with respect to the strong buy zone.
at this moment gold is in range between these two zones, looking at the candles it obvious seeing a bullish momentum candles, indicating a possibility that the sell zone will not hold.
seeing a momentum candle on a demand zone(buy zone) Gold should rise to 1948.85.
GOLD speculation, what to expect!Making a top down analysis from higher TF, starting from weekly, looking at the ascending trend line, gold is in uptrend, after weeks of correction that broke the trend line into the strong demand zone, moving to daily TF and seeing a reversal candle stick star pattern on the strong demand zone it could be the end of the corrective move.
on 4H TF price is in range between two opposing zone , if the supply is out as in 1937.63 loll there will be a possible rise to next supply zone as in 1967.72 level.
Potential conclusion to the cable run.Based on an adjusted Wyckoff Distribution schematic and a simple Supply ad Demand overview, the observation that the GBPUSD has reached a temporary climax can be considered.
We've recently seen a correction to the main impulse made on the 15th of June, mitigating any form of imbalance. This balances out the forces of supply & demand, of which, now the declining price and volume indicate an increasing supply and a declining demand which is likely to lead to bearish momentum towards previous 1H order blocks such as the one around 1.253