Smctrading
FTMUSDT / M15 / SHORTFTMUSDT may come down from the Bearish Order Block
Bearish Order Block :- 0.6908 and 0.6883
FTMUSDT is may experience a downward momentum from the bearish order block. Take one direct short position now without waiting for touching the order block. Lets see how the price reacts now. There is Maximum probability of our trade ends in Profits.
Entry Price :- 0.6883
Take Profit :- 0.6764
Stop Loss :- 0.7004
ADAUSDT / M15 / SHORTADAUSDT may fall from the Bearish Order Block
Bearish Order Block: 0.3531 and 0.3520
ADAUSDT is approaching a bearish order block. If the price touches this area, we can anticipate a potential downfall. There is a high probability that the coin will decline after hitting the order block. Let’s monitor what happens next and how the price reacts. I used Smart Money Concepts (SMC) to analyze this chart for a more accurate prediction.
Entry Price :- 0.3520
Take Profit :- 0.3461
Stop Loss :- 0.3579
PENDLEUSDT / M15 / SHORTPENDLEUSDT may come down sides from the BEARISH ORDER BLOCK
Bearish Order Block :- 4.961 AND 4.906
PENDLEUSDT may experience a potential downside move from the identified bearish order block. The price is within the range of 4.961 and 4.906, and based on the analysis, there is a high probability that the price will fall. Traders should observe how the price reacts to this level before taking positions.
Entry Price :- 4.932
Take Profit :- 4.801
Stop Loss :- 5.063
CHFJPY / H1 / LONGCHFJPY may rise from the Bullish Order Block.
The CHFJPY pair has recently touched a significant bullish order block and is now showing signs of upward momentum.
Bullish Order Block:
174.140 and 173.928
Given that price is within the bullish order block, we can expect potential upward movement. I've analyzed this chart using Smart Money Concepts (SMC), a highly effective strategy for identifying high-probability trades based on price action. Now, it’s time to watch how the price reacts as it attempts to move higher from this zone.
Entry price :- 174.295
Take Profit :- 174.819
Stop Loss :- 173.772
AUDUSD / H1 / LONGAUDUSD May Rise from the Bullish Order Block
Entry price :- 0.66682
Take Profit :- 0.67032
Stop Loss :- 0.66414
The AUDUSD pair is currently near a bullish order block, with a range between 0.66687 and 0.66580. Based on the principles of Smart Money Concepts (SMC), the price is expected to rise as it taps into this order block, which often signifies areas of institutional buying. Once the price reaches these levels, there is a high probability of a reversal or upward momentum.
On the upside, there is a bearish order block between 0.67225 and 0.67074, which may act as resistance if the price begins to rise.
Smart Money Concepts (SMC) is a trading strategy that focuses on understanding how institutional traders (banks, hedge funds) move the market. It identifies significant price zones, like order blocks, which often lead to large market movements. Order blocks are areas where "smart money" (large financial institutions) has entered the market. Traders use these zones as potential entry points for trades.
This strategy has a high probability of success as it aligns retail traders with institutional trends, which typically control a large volume of liquidity. Keep an eye on how AUDUSD reacts to the bullish order block for an entry, but ensure proper risk management is in place to account for market fluctuations.
GBPJPY outlookAs we have seen last week the British pound vs Japanese Yen pair was in consolidation phase now in current week we are expecting a bullish move on the pair the reason why is the pair is in bullish trend in H1 in other confluences it has formed a Bullish flag to extent it can consolidate here and can fly also the confluence is the pair has completed its manipulation phase and now could distribute after a liquidity grab
EURUSD sellEur vs Us dollar we expecting a pull back to Daily Resistance trendline and as we are putting our idea EUR vs US dollar having a bull run over to its trendline we are expecting a rejection from there and a Drop to its Support under lying Suppot level remember its a Bearish trend and following its technical data
Always learning new things as I check for my mistakes!Had a stoploss a very nice one, don't worry I followed my plan and just lost 1% of my account no big deal.
These past weeks, I have notice that every time that DXY is not aligned with EUR/USD price always goes contrary to manipulation. For example, in EU we can see that price manipulated a high, but DXY didn't meaning DXY is supported by an order block. Same happens when DXY manipulates a high or low and EU doesn't manipulate any high or low this means EU is supported by an order block.
In Conclusion this is called divergence and every time we see divergence we go contrary to manipulation.
Note: Here you are seeing the DXY chart inverted, this way you'll be able to find divergences easily.
Still Waiting For Change Of Character in M15, To Start My Buys1. Am excited price has broken a very strong H4 low, therefore anytime soon price will start reversal.
2.Here you can see what am expecting the price to do so that I can start buying and in the other hand I included the POIS for sells, for those still interested in selling.
3.I have more than a week without executing orders this is because am patiently waiting for the market to give me that setup that I love which is the one shown in that diagram above, am not interested in selling for me personally is very risky but doing sells is the best option because main trend is bearish.
4. So, congrats to those who have been selling until this point, you are the real definition of no risk no gain, but don't worry soon or later I'll get those buys I've been waiting.
Gold OutlookAs i told in my previous anylisis gold will break its Resistance level and after a retest it will retouch its previous ATH, so exactly gold has broken its Resistance level above, and going to test it 💪, if price sustains over the Resistance and Resistance becomes Support , it will be a potential buy another confluence for being Bullish is we have observed a 1H Bullish morobozou Momentum candle,
and price is above its high which is not yet broken , if price Hits its low (not high) then we will be thinking 🤔 about being bearish, another confluence is 50 SMA which also tells us price is in buy Mode on Monthly to weekly to daily to H4 to H1 timeframe, so after seeing these many confluences we will remain bullish on Gold until next move to either side
CADCHF may rise from the bullish order blockCADCHF may rise from the bullish order block.
I’ve identified a bullish order block between 0.62284 and 0.62192. The price is nearing this zone, which could lead to a potential upward movement. Based on this setup, I suggest a direct entry with a small lot, and another entry when the price touches the order block.
This analysis is done using the Smart Money Concepts (SMC) strategy, which has shown a high probability of success in similar scenarios. Let’s see how the price reacts!
My analysis shows that :-
Entry price :- 0.62276
Take profit :- 0.62512
Stop loss :- 0.62040
Gold Out LookIn my Previous analysis i have put an idea about gold to touch its Resistance level and we achieved that today now the confluence on gold is about buying because technically gold is moving HH & HL formation and now as it has made an HH its coming back for the retracment of that, which have observed on H1 to be completed over 68% also the confluence is 50 SMA price is hovering above that so we are bullish on gold
AUDUSD Long 14/10/24Asset Class: Forex
Income Type: Weekly
Symbol: AUDUSD
Trade Type: Long
Trends:
Short Term: UP
Long Term: Up
Set-Up Parameters:
Entry: 0.67402
Stop: 0.66922
TP 0.69823 (5:1)
Trade idea:
Confirmation Entry, 1D DBR , Downtrend Reversal to Uptrend from a Daily DZ, RSI oversold.
!!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry.
Trade management:
**When price hits 1:1 or T1, consider moving stop to entry in case of pullback.
** Put alarm above the SL as there is a FVG just below it, if the price pullback close to the SL consider moving the SL below the FVG@0.66736
**Disclaimer**:
The trading strategies, ideas, and information shared are for educational and informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any securities, currencies, or financial instruments. You should do your own research or consult with a licensed financial advisor before making any trading decisions. The author assumes no responsibility for any losses incurred from following these trading ideas.