Smcanalysis
EURAUD: 300-600 PIPS Buying Bias! EURAUD consolidating in daily timeframe, in our view there are two areas where price can head towards. First is where we think price can continue the bullish move towards 1.80. In our second area, where price can drop hard and take out the daily sell side liquidity. At the current market condition our second scenario looks more suitable.
Good Luck ;)
EURUSD: 300+ Pips a clear buying opportunity! Dear Traders,
Our last entry hit breakeven and price dropped heavily due to bullish dxy presence. We still expect DXY to remain bullish for starting few days of next week. We have identified the key area where we think price will reject and bounce back strongly which will give us 300+ pips. Wait for the price to come to our area and then enter accordingly with accurate risk management.
Please like and comment the idea, your support is appreciated.
Thanks.
USDJPY: Big Trade Loading at least 1000 pips! What you think?Dear Traders,
USDJPY currently trading at extreme seller zone, though daily timeframe has not show strong intention from seller. However, in upcoming weeks we may see strong sellers pressure coming in the market. Please use accurate risk management.
EURJPY 73 PIPS TRADE BREAKDOWN (3rd April 2024)
EURJPY Trade Breakdown
Price broke through the 1 hour bearish orderblock during London. This resulted in a creation of a 1 hour Market structure shift to the upside.
So once price retested, the 15 minute orderblock and broke its own higher high on the 15 minutes timeframe, I entered a long and place stop loss at the 1 hour orderblock low targeting a 164.200 For a 1 : 3.66 Risk to Reward Ratio.
During New York Session, Price action finally provided the volume to push All the way up into the 1 hour Orderblock, Smashing Full TP.
#GBPUSD: 600+ Pips Selling Opportunity! GBPUSD we have been trying to sell GBPUSD since long time price consolidated and then took out the buy side liquidity, now price has broke out the sell side trendline liquidity. In our view, price will continue to drop at least for another 200 pips, then after we will wait for second safe entry. Good Luck Trade might be ready within next week since we will be having several bank holidays.
thank you.