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Smctrading

CHFJPY Looking for BUYCHFJPY is exhibiting a bullish trend on both the daily (D1) and 4-hour (H4) timeframes. It is currently positioned above the 200-period Exponential Moving Average (EMA) and the Volume Weighted Average Price (VWAP), as depicted in the provided chart. After conducting an analysis on the higher timeframes, I proceeded to examine the lower timeframes (H1, M30, and M15). My plan is to initiate a buy trade in the discount area of the H4 swing if the price reaches the demand zone. I will ensure a favorable risk-to-reward ratio (R:R) of more than 1. Additionally, I will keep a close eye on the Relative Strength Index (RSI) to avoid entering when it indicates overbought conditions.
Long
by penguintraderx
EU 4H analysis. Overall looking for longs.This is more a me predicting how price is going to move so if anything changes or doesn't go how I'm expecting I will update the analysis. Right now I'm expecting price to break above which will create an inducement zone. Once that's taken out and we see a bearish choch we can expect the 4H to give us a pull back before the internal switches bullish. You can take shorts in the mean time only targeting weak internal structure. Once we have a bullish choch on the 4H I will be looking for lower timeframe confirmation on the 15min to get long targeting the weak 4H taking partials and eventually hitting the overall target being the weak Daily high NB: The previous bearish BOSs did not have internal structure because of what price showed on the Daily. This is more advanced multi-timeframe analysis so I wont go into the details. If you would like to understand let me know and I'll prepare a tutorial over the weekend
Long
by Keyserfx
BTCUSD AnalysisBitcoin on weekly supply zone resistance, after rejecting from it the first time, obviously bitcoin is at the zone the second time, seeing the momentum weekly candle, Bitcoin might retrace 50% of the momentum candle. the possibility for bitcoin to take out the weekly supply zone(sell zone) is 50% compare to possibility for Bitcoin to retrace 50% of the momentum candle is 75%. the best location to trade Bitcoin is at the 50% of the momentum candle to go Bullish in to the weekly supply zone. Also note that the weekly bias for Bitcoin is bullish (on ascending trend line)
BITFINEX:BTCUSD
by ExtraOrdy
S&P 30m Analysis: Unveiling the Perfect Sell Setup for Maximum📈 S&P 30m Analysis: A Perfect Setup! 🎯 ✅ Price successfully captured its buy side liquidity and formed a breaker block, signaling a prime opportunity for a sell entry. 📉 Targeting the untouched sell side liquidity, traders can aim for a remarkable 6.5 risk-to-reward ratio. 💰 With the option to book partial profits at 2.5 deviation or hold for the ultimate gain at 4th standard deviation, this trade is a true gem. 💎 EIGHTCAP:SPX500
EIGHTCAP:SPX500Short
by Furqan_Malick
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