GBPCAD - MARCH 11, 2024Overall this is counter-trend to go short so we can mitigate a discount demand zone at 1.72535. Let's see how price plays down from 1.73272. Cheers.
Smcconcepts
GOLD - 45 MIN, SIGNAL ON "Idea Update"This is a large trade with large targets and stops so make sure you're using a risk management calculator and using the correct % size. I recommend nashmarkets risk calculator and 2-5% risk per position.
GBPJPY: Our Bias Has changed, We are now targeting 190.00 area.OANDA:GBPJPY price breakthrough and left very strong lows, in our view, price will remain bullish. There are two possibilities at the current area, price can just shoot up to 187-188 price area. Or drop in the region of 180 and then bounce back from there. However, JPY pairs move fast and most of the time when they leave strong lows or highs they create a big move.
For these reason we are bullish.
USDJPY: Second Possible Entry on UJ!Our first entry successfully hit above 500 pips, now there is possible second entry on UJ, as price has left strong bullish candle. Now, possible second wave of bullish can start from the marked area of reversal. This can be a huge swing trade on UJ taking price to 152-155 region.
GBPJPY: Heading towards 192.00 region! GBPJPY made a small correction, price rejected at key level and since then it has been bullish, we can expect price to hit 192.00 as it remain a crucial level to sell. If we looking at the entry criteria we can enter now with 100 pips stop loss and 500 pips tp.
#BTCUSDT: Heading towards $90,000?Dear Traders,
Our first entry turn out to be successful, now we are eying for second possible entry. Price is extremely bullish and there is very much likelihood that price might not come to area. If it does then it become really a great opportunity to buy swing holding. What is your opinion on this?
comment down below!
Today GBP/JPY target is really 188.400? Let's check the analysis📣 Hello Mates!
We can see GBP/JPY is currently running sideways with no clear direction. However, our prediction is that GBP/JPY will go for a sell and reach our targets of 188.980 and 188.400.
We have strong resistance levels at 190.100 and 191.350, along with strong support at 188.900 and 188.400. Although 188.960 is also a strong support level, we believe GBP/JPY will reach our targets of 188.980 and 188.400.
🔑 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:
- 190.100
- 191.350
📉 And our Support Levels are set at:
- 188.960
- 188.400
Stay tuned for further updates and trade smartly! 📊
AUDUSD: Swing buying opportunity!Dear Traders,
AUDUSD dropped, after breaking through the selling trendline liquidity and price came back to perfect buying opportunity. Possible 600 pips buying opportunity can be achieved. Wait for price to breakthrough consolidated phase.
Good luck and trade safe!
What is GOLD next target: 2190 or 2112? Check today's analysis📣 Hello Mates!
We can see that our gold buy target has been completed, and now gold is overbought.
Our prediction is that gold will sell from the $2159.00 or $2169.00 area. After that, our sell targets are $2132.00 and $2112.00
🔑 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:
- 2160
- 2170
📉 And our Support Levels are set at:
- 2135
- 2110
Stay tuned for further updates and trade smartly! 📊
GBPJPY Analysis of PreferForexGBPJPY has a bullish bias on the higher time frame. It is currently retracing and collecting liquidity, and is now at the point of interest (POI) and starting to react. There is an expectation of bullish continuation from this POI.
#EURNZD:First Two Entries Hit Targets What you think about this?FX:EURNZD first two entries hit our targets successfully, now we are focusing on the third entry, price rejected at the key level, where we think most of the major selling orders were placed. Currently, in our price had left behind big 'liquidity void area' due to that reason. In our view, price is likely to fill those area and then bounce back from our 'third entry'. We are targeting same 300-400 pips this time around too. Which will helps us gathering over 1200 pips from three ideas.
Let me know what do you think about EURNZD? Please share your views too.
GBPNZD BULLISH RUN????Creating bullish structure on the daily and 4H, we have buyside liquidity above and a clear high that needs to be taken, using ltf confirmation we could see serious bullish moves to the upside
CADCHFHere is a re-entry for CADCHF. While my analysis is still to go short, i have found a new entry on 5min. Check out the comment section for my analysis. Cheers
AUDCADKeep an eye on 0.88300 zone if price presents and opportunity to sell, sell hard, but manage risk. Also keep an on 0.88386 zone too. For the counter-trend long, i already have a 5min confirmation entry. Cheers
GBPCADIf i see a clean shift at this imbalance zone of 1.71920 on the 15M, then i will look to sell price or else i will wait for the 1.72124 and get on a sell once i get a shit in market structure bearish.
AUDCADAnother sell opportunity for AUDCAD. Trail SL once it breaks below 0.88373 and lets follow price for this potential short till 0.88060. Cheers.
XAUUSD: Is Bull Run Over? Dear Traders,
Hope you are doing great, our last trading idea on Gold turned out to be successful, now there is huge potential of selling Gold for quick 300-400 pips move. There are two area where we can sell big, the first one is currently, and second zone is rejection at 2060-67 area.
Stop loss can be placed around 2057 for first entry and for the second entry place stop loss around 2075. Take profit will be at the identified area.
Good Luck and Trade Safe.
XAUUSD: Imbalance filled, What next?$1990 area had to be filled, we previously had identified this 'imbalance level' and have been waiting for price to fill the area so that we can have a clear view. Since price have filled the area. Now we can see price going towards 2020 and then 2050 only if DXY remain week and other economic data support Gold to rise. In other case, price can drop to 1900$ and rebound from there. We will have to wait and see how prices behave.
Good luck and trade safe!
Analyze EURUSD in the M15 timeframe using the SMC method4H swing is down trend => current is pullback up
15M swing is uptrend => current is pullback dow
We look for selling opportunities when the price exceeds the Swing Strong bottom of the M15 time frame
Analyze GBPJPY in the M15 timeframe using the SMC methodDay swing is uptrend => current is pullback dow
4H swing is uptrend => current is pullback dow
15M swing is dowtrend => current is pullbakc up
XAUUSD Bullish idea. Same setup as the previous trade. Fundamental is on our side, going against the dollar. Short term trading idea
Preferforex Analysis on GBPJPYGBPJPY is in bullish bias. According to the higher time frame like daily or 4 hour, the pair is in uptrend. Now the pair is retracing bearish to have some liquidity and to mitigated the nearest imbalance. Expecting further bullish movement targeting recent swing high.
AUDCAD, where is AUD headedthinking of longs with AUD fundamentals leaning towards buys the technicals have never been clearer
