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.
Smcconcepts
Today Gold Target? Check Analysis Since gold caught the uptrend, it has not been a bearer.
On Friday, when there was NFP news, gold was running at 2295. Subsequently, it fell to 2281 before catching an uptrend, closing at 2328 when the market closed.
Now, as the market opened, gold initially dipped to 2304 before regaining momentum. Currently, it is in an uptrend, reaching 2355.
We believe that gold may bounce back from 2325, with our target set at 2355. Additionally, if it breaks 2325, it could drop to 2304, with our buy target remaining at 2355 or 2375.
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our resistance levels are spotted at:
- 2355.00
- 2375.00
📉 And our support levels are set at:
- 2325.00
- 2203.00
Stay tuned for further updates and trade smartly! 📊
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.
GOLD: Possible Downtrend to continue till $2180! Gold created a record HH and it is very likely price is likely to remain extremely bullish in upcoming days. Now, in our price can drop around 2180$ a perfect time for correction to occur, if price do not respect our entry and make it invalid then it would be tough to find a accurate entry to either buy or sell.
🚀🌕 Dogecoin Long Opportunity: Entry at Demand Zone and FVG💰Hey traders! 🎩💼 I trust you're all doing well. Here's an enticing trade proposition for BINANCE:DOGEUSDT (DOGE/USDT), offering not one but two potential entries.
1st Entry: 0.18157
We're initiating our first entry based on the presence of a demand zone (SMC). This strategic entry point presents a promising opportunity to capitalize on potential bullish momentum.
2nd Entry: 0.17400
Our second entry is triggered by a Fair Value Gap (FVG), adding another layer of confidence to our position. This secondary entry reinforces our conviction in the trade setup.
(before reading further, follow, like and comment what you think about this idea...)
Stop Loss (SL): 0.17058
To mitigate risk, our stop loss is set at 0.17058. This level acts as a safeguard against adverse price movements, ensuring prudent risk management.
Target: $1 (Long-term Vision) 🎯
Now, our target is set at $1. But hey, we're not just staring at the stars here; we're ready to sell before the biggest TP hits if needed.
(....and share)
However, it's essential to exercise flexibility and consider taking profits earlier, albeit retaining a portion of DOGE. Elon Musk's tweets have historically influenced DOGE's trajectory, potentially propelling it "to the moon."
This signal is based on SMC strategy...
You also want to learn SMC strategy? Great, right it down in the comments!
AUDUSD: 03/04/2024
Please be informed that we should wait for the price to rise to our level and then wait for a clear reversal on the daily timeframe. Currently, we are observing strong bearish signals on the DXY, and due to the overbought condition on the DXY, the price is likely to decline further and undergo a significant correction. It is crucial to monitor the DXY rebound, as there will be news on Friday that will significantly impact USD pairs, including AUD.
Wishing you the best of luck and safe trading.
Gold next target? check forecast We have seen that gold is continuously bullish and its momentum is not going down, so now we think that gold has gone as high as it was supposed to go, maybe it can go up a little more to 2258 or 2265.
May then continue to go down and meet our targets of 2234 and 2188.
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our resistance levels are spotted at:
- 2268.00
📉 And our support levels are set at:
- 2234.00
- 2188.00
Stay tuned for further updates and trade smartly! 📊
#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.
XAUUSD(GOLD): Two Possible Selling Opportunity! Gold hit record high recently due to fed involvement, however it dropped sharply. The price behaviour has shown some strange movement, making in hard to spot the clear movement. In our bias, there are two areas that we are interested in first one we will be respecting the current pattern that price has been forming. However, this can be riskier, therefore, we have a safe entry where the area has left liquidity gap.
Use accurate risk managemen.
Whats GBPUSD Next Target? See Our AnalysisWe have observed that since GBPUSD broke from 1.28000, it has been continuously declining. According to our prediction, GBPUSD may continue to decrease further, with our target set at 1.25380, 1.25000.
If GBPUSD breaks the 1.26380 resistance level again, its target would be 1.26800
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our resistance levels are spotted at:
- 1.26780
- 1.27800
📉 And our support levels are set at:
- 1.25770
- 1.25380
Stay tuned for further updates and trade smartly! 📊
Whats Gold Next Target? See Our Analysis📣Hello Mates!
We have observed that since gold broke from $2200, it has been continuously declining. According to our prediction, gold may continue to decrease further, with our target set at $2150 or $2146.
If gold breaks the 2180 resistance level again, its target would be 2200 & 2213.
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our resistance levels are spotted at:
- 2180
- 2200
📉 And our support levels are set at:
- 2146
- 2135
Stay tuned for further updates and trade smartly! 📊
Wave structure of SUN coin in week time frameWeek is swing pullish => current is pullback dow
Day is swing pullish => current is pullback dow
4H is swing pullish => current is pullback dow
M15 is swing bearish
Currently, the price has reached the top of the weekly frame of the internal wave
Therefore, the price will have a downward pullback before continuing to increase
Buy when the wave structure of the 15 minute time frame turns bullish
The next BTC target is 51000? Please check analysis📣 Hello Mates!
We observed BTC going bullish continuously for the last several months, but suddenly it dropped from 73000 and retraced back to 60000.
As we mentioned in the previous chart, the market would rebound from 72000 or 73000, which is now acting as our resistance. Indeed, the market bounced back from there, fulfilling both of our target markets. For instance, it could rise from 66000 to 68000 or even 70000, after which it is expected to retrace again, reaching around 60000 to 61000. Following this, there might be a slight bullish movement, and then our last target would be 51000.
While we have a very strong support at 60000 or 61000, if the market breaks this support, then the next target would be 56000. If it further breaks 56000, then our final target is 51000.
Now our buy targets are 66000, 68000, and 70000, and our sell zone targets are 61000, 56000, and 51000 respectively.
Stay tuned for further updates and trade smartly! 📊
What's Gold's Next Target? See Our Analysis.📣Hello Mates!
We have observed that since gold broke from $2211, it has been continuously declining. According to our prediction, gold may continue to decrease further, with our target set at $2150 or $2146.
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our resistance levels are spotted at:
- 2180
- 2175
📉 And our support levels are set at:
- 2146
- 2135
Stay tuned for further updates and trade smartly! 📊
Next Gold Target? check Forecast 📣Hello Mates!
Yesterday, at the time of the news, gold was trading at 2158.
Since then, gold has been steadily rising and has reached 2222.
We anticipate that gold will pull back slightly further, possibly reaching 2193 or 2187, before resuming its upward trend towards its target of 2213 or 2220.
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our resistance levels are spotted at:
- 2213
- 2222
📉 And our support levels are set at:
- 2193
- 2187
Stay tuned for further updates and trade smartly! 📊
USDCHF: View on daily timeframe, we are neutral. FX:USDCHF last few month price has been bearish all along as CHF remain strongest in the situations where war and other economical conflicts affects in global financial market. We are still not sure about future trend of this pair, as strong bullish price action yet to be seen.
However, the big amount of volume was accumulated at lower low of thursday which suggest a possible correction can occur. We would advice you to use smaller timeframe to have a better and safer bias.
Good Luck and Trade Safe
CADJPY: Possible 300 PIPS Selling Opportunity! Dear Traders,
There is a good possibility that we can expect short term selling opportunity on CADJPY; saw some bullish exhaustion and price dropped created change of character. Though the price has risen up sharply to previous high, we still expect price to reject from the area around previous high. With 60 pips stop loss the setup idea look reasonable to take risk with 350 pips in take profit. Good Luck and Trade Safe.