EURUSD SHORTEURUSD is still bearish for now
last week price failed to respect a demand zone and now price dumped to break internal structure
price retraced on friday to hit a Breaker Bar(BKR) during the NFP release, respecting that zone and dropped hard.
All focus remains bearish on the Euro dollar until we see a good HTF market structure for buys.
Smcconcepts
Double pin rejections on demand zone, potential buy| EURUSDEURUSD hits a buy zone with two pin rejection on 4H Time frame after taking liquidity at 1.07752 and broke a trend line along side with daily engulfed candle
which could possibly indicate a buy retracement i expect to see a rise to 1.08628
also expecting a tap into the demand zone before rising
MAY RISK 2.5% IN NSE:SYNGENE INTERNATIONALwhenever a stock rally near or at ATH never look for the retracements instead look for valid pullbacks , so, by which can join the rally. Here, NSE:SYNGENE is given an opportunity to participate in the rally by risking 2.5% for the gain of 8.5% or even more and can enter the trade above 28/08/2023 candle's high by placing strict stoploss below the candle's low.
Good Signal for Long PositionWeekly Chart
BINANCE:SNXUSDT has tested and failed Head Shoulders Pattern so it's still in Triangle Pattern
We zoom out to daily chart
Now, it's trading at 2.31x and can be down more
I found a fair value gap (FVG) around 2.15 and this level is also a confluence zone by 0.618 Fib Re and 1.618 Fib Re
That's why I think SNX will bounce back with nearly 20% profitable
Wait and see what happen
What do you think, share it to me
Unlocking the Secrets of Price Inefficiency: Dive Deep into FVG👑Price inefficiencies are also known as imbalances, gaps or voids. Healthy price action moves in a zigzag fashion, making highs and lows in line with the directional bias at any given moment. When price isn’t trending we find it consolidates, in which case highs lows are still being made. However, we may also see price move in straight lines with huge volume and momentum. When this happens, price finds itself unable to deliver price in an efficient manner. For example, in a bullish environment, price may continue to make higher highs without providing higher lows at a discount price. When price moves with this much momentum, it leaves behind imbalances.
🟠An imbalance can be identified by open space in price action, where the wicks on either side of a candle do not match each other. On the left is an example of price inefficiency, since the wick high of candle 1 does not meet the wick low of candle 3, leading to an imbalance on candle 2.
🟠This is an example of healthy price action with no imbalances. This is because all candles have wicks on either side of them. Since wicks were bodies during live price action and are bodies on lower time frames, this shows that price was delivered efficiently to buyers and sellers in this area. Whereas the example above shows an imbalance on a bullish candle, which shows that price was only available to buyers in that imbalance and therefore is not efficient.
👉For price to be efficient, it needs to be delivered to buyers and sellers. This helps us understand that in our original bullish imbalance, price has to come back and fill that imbalance using bearish price action in order to make that price available to sellers. This re-balancing could take hours, days, weeks or years, but it is our job to understand that it must happen at some point. Inline with the rest of the strategy, we can use this knowledge to pick out the specific imbalances that will be filled and how we can capitalise on this.
🟠This is an example of the correctly identified imbalance and where we expect price to react from
🟠This is an example when is our level being met, it is at this point that we use the rest of the strategy and knowledge to capitalise on the move that is about to unfold with high risk:reward entries.
🟠This is the completion of this particular market cycle, with our level being respected and price giving us a nice bullish leg.
🔴Bearish Order Flow:
🟢Bullish Order Flow:
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)
EURUSD 08/07-11 WKLY OUTLOOK BLACKBULL:EURUSD
Happy Sunday
Time Frame H1
- First week of August brought us a Turtle Soup set up @ 1.1040
- Price currently filling the gaps in liquidity that was created by NFP
Outlook 👁️🗨️
Have ours eyes set out price to retrace back into a discounted PDA
1.1097 and 1.1095 are my buy zones
how the zone was created, with the fib tool (most recent swing high to swing low)
1.095 is also the top of H4 +OB for more of a passive p.o.e.
BLZUSDTNO LIQUDITY SWEAP NO ENTRY.
STRUCTURE IS CHANGING ANYTIME.
EVERY CANDLE HAS LIQUIDITY.
PRICE ALWAYS NEED LIQUIDITY.
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
Thanks.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
DISCLAIMER- This is not financial advice.
US30 TRADE IDEA UPDATEPrice reacted at the first POI to give us the bull run we expected.
I've taken 90% profit on my position because i still have a poi lower that price could also aim for next week.
We killed US30 this week. Let's do more next week.
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NASDAQ BULLISH TRADE IDEANASDAQ has presented a S&R setup. The market clearly broke out of a resistance and hence came back to retest the Resistance; now Support.
You can look for buy entries with your strategy on the lower timeframe.
Also, another confluence was the complete fill of the FVG on Weekly Timeframe.
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