Smctrading
XAU/USD Potential Forecast|HTF Analysis| Wednesday 26 April 2023Hi everyone!
-Update on Gold from the last time.
-Gold make some huge moves and make another demand zone below that can potentially hold.
-But it have a bigger DEMAND below him and a lot of liquidity that is resting.
-Follow what will happen on the market and don't depend just on demand use confirmations.
I wish you a good weekend
GBPUSD NEXT POSSIBLE MOVE GBPUSD NEXT POSSIBLE MOVE : GBPUSD is currently in downtrend as it is rejected from daily supply zone but the overall trend of GU is bullish therefore we will be looking for change of character to the up side in 4H demand area in 15M time frame. Once we get that we will be looking for buying entries
Update on Nasdaq!!Hello traders!!!
Through the observation of price we can clearly see that Nasdaq is losing momentum to the upside, and as a result it might fail to create a higher high.
We see our first confirmation for the selling pressure that is coming in when it created the CHoCH (Change of character), so now we are awaiting for the second confirmation to go short.
All the best!!
Always apply risk management!!!
Xauusd next possible move Xauusd next possible move: over all trend of xauusd is bullish but as it has shown the clear CHOCH in 1H timeframe therefore we expect the price to touch 4H deman area i-e 1982-1988 or 1960-1965 if its show us the bullish CHOCH at these areas we will be looking for potential buy i myself currently bearish on gold from 2047 close half of positions and aiming for 1990 tp .
Daily pulling back on EUWe had a Change of Character on the daily timeframe signaling a pullback. This will be good to look for shorts on the 4H. If we get a Change of Character to the upside after at least pulling back 50% there is a very high chance of continuing bullish and targeting the Daily high so long as we don't go below the Daily strong low
EURCAD 1.47143 -0.06 % SHORT IDEA 🐻📉💡HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD.
* Looking at EUR/CAD INTO THE LONDON SESSION
1. ASIAS BSL TAKEN.
2. LOOKING FOR A PUSH INTO THE -OB / FVG.
3. Looking at momentum heading into the PD arrays.
4. Looking at that unfilled FVG as a possible entry with the bears.
5. TARGET would be the the SSL & THE DAILY +OB.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
GBPCHF looking good for buyers!!!!Price has been nicely printing higher highs and higher lows breaking structure to the upside. Now we are having a retracement to the downside mitigating our demand zone, therefore we will be expecting a reversal to the upside.
*Awaiting Buying confirmations
All the best!!!
GBPUSD looking good for buyers!!!!GU has been giving us clean price action, we had a change of character to the downside going to our discounted demand area where we can start looking for buying pressure. Look for CHoCH on the smaller timeframe to confirm your buys during the London session
Apply proper risk management!!!!!!
ALL THE BEST.
NASDAQ expected to Buy!!!!!!We have a nice break of structure and price left a fair value gap which needs to be filled first, giving us buy entries once we tap into the OB.
For now let us wait and observe price action. Once we tap into our zones we will pull the trigger upon getting confirmations.
All the best!!!!!!!!!!
GBPJPY 170.223 -0.12% LONG IDEA 🐮📈HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD.
* Looking at GBP/JPY INTO THE NEW YORK SESSION
1. Opened the week by taking previouse week BSL.
2. BEAUTIFULY trending towards the sell side.
3. momentum is perfect not too agressive so we can confidently presume we are in a
correction towards the 61.8 % fib or 50 % before continuation.
4. Looking at that unfilled FVG as a possible entry with the bulls .
5. TARGET would be the the BSL & THE DAILY -OB.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
EURGBP Buy for scalpers and sell for day traders?EURGBP looks good for sellers, however we would not want to sell at the first POI as price would still be cheap (In the discounted area) from the swing high that created that BOS. Otherwise, the second OB should definitely give us opportunities to go short.
All the best!!!
NASDAQ expected to correct to the downside before going up!!!Nasdaq has been trading in a correction printing Lower Lows and Lower Highs creating break of structures to the downside, however now we have a change of character and break of structure on the second previous lower high leaving an imbalance as it was going up. Price touched the previous swing high therefore we can expect a pullback to the downside before the main anticipated bullish move.
All the best!!!!
5/5 : DXY - M15 - LONG ; GBPJPY - M15 - SHORTTVC:DXY
- Find a BoS
- OB => Good indication
- trendline Liquidity at Pullback leg => additional indication
=> Direct Limit entry
*Cancel Oder when Price Break High
OANDA:GBPJPY
- Find a BoS
- OBx => Strong indication
- Liquidity at Pullback Leg => addition indication
=> Direct Limit at OBx
*Cancel when break the Low