EURJPY Weekly LevelsSo the indicator created, which is in Beta, essentially detects trading blocks that act as areas of buying or selling with considerable amounts of accumulated volume
Smctrading
XAUUSD trading block short So the indicator created, which is in Beta, essentially detects trading blocks that act as areas of buying or selling with considerable amounts of accumulated volume.
Overall trend is short but because of the bullish block a may be a little more cautious before trading. A+ setups only
USDCAD Long idea, we could have a nice RR thereUC is pretty bullish, last demand area hasn't been mitigated yet and created an imbalance in market,
Too much liquidity sitting underneath the equal lows
I will wait for a retracement to that demand zone to go long,
but if price break this demand area and change character I will also be looking for shorts.
ETH Long trade idea with wyckoff accumulation (SMC, Wyckoff)Hello Everyone,
This is my analysis for ETH on the 4H TimeFrame, could be a nice swing trade
I saw a Wyckoff accumulation schematic playing out, the spring took out liquidity & I think it's time for the bullish move to occur.
1) Let's see how market reacts and if it will show more signs of strength,
2) Will aim for the next supply zone, after filling the Imbalance.
The most important week of 2022 is finally upon us.FX:EURUSD
This week of November will most likely be the most important week of the year.
Context
EURUSD has been in a bear market for the entirety of 2022, falling a whopping 16.2% .
As the year begins to round up, talks of a FED pivot has been in the air and resulting in an increased risk on sentiments
that have resulted in 2 consecutive weekly bullish candles.
Where do price go from here?
I have identified the 2 possible directions and insights/rationale to them.
#1 Analysis:
1. ECB's dovish switch on recent monetary statement
2. Upcoming FOMC meeting will set to stone the stance of the FED
3. Maintained hawkish stance -> interest rate differential and tonality will prevail
4. NFP prints resilient and strong -> further incentives for hawkishness by FED
5. USD strengthens
#2 Analysis:
1. Upcoming FOMC meeting CONFIRMS FED pivot to dovish territories
2. Time for doves and goodbye Hawks.
3. Increases risk on sentiments in the market.
4. NFP prints poorly which shows the rate hikes has done its job.
5. USD weakens
Both ways are possible.
Let's all wait and see how the week ends.
Daily analyse S&p 500Hello World
Here i see that the market S&p500 will go up to 3819.50 the close of yesterday so we can see a drop to the Imbalnce that we have between 3790.00 and 3773.25. maybe the market will took the liquidity under 3757.50 yesterday Low.
This is my expectation for today, you are welcome to share with me yout expectation on the comment section Thank you :)
GBPCHF SETUPHi everyone , this my GBPCHF setup for next weak ,
Everything is explained on the chart ,,
Along with a simple forecast for the possible scenarios ,,
if you like the setup give it a BOOST & FOLLOW for mare ,,
TRADE SAFELY .
USD/CADBeautifull PA on UC is printed last friday We have liquidity sweep in last 4H low. Then we seen push up. Curently we siting at M15 strong high. My expectation is that price can go little bit highter and then slowly selling down for that demand that I drow. If we get nice confirmation in this area we can get nice trade of that. All demand behind are filled. Exapte one IC candle with i drow another demand (that lower and tighter). I recommended watching PA in that demand and trying to find long entry.
Gold is under Pressure 29/10/2022General Commentary: on 21 Oct 2022 gold rose more than 3% to our OB again #1,663.27 - #1,672.42 which we have set our sell order after the price action triggered from #1,670.00 towards #1,657 on a satisfactory #13 point profit run, the market has created more OB at #1,670.09 - #1,665.25 which the Change of Structure has appeared, we have opened our sell order at Re-Sell zone towards to #1,651.22 on a satisfactory #16 point profit run.
Next Position: The news is big next week and we have 2 scenarios to create a profitable setup, either gold will retest again zone #1,656.93 - #1,660.99 and we will re-sell again from our bearish Order Block, Or Gold will go down towards #1,617.10 - #1,627.18 and we will wait to retest again to enter our Sell Order.
Note: Gold is under heavy selling pressure, and we do not buy the retest, we wait for the retest to happen then we follow the market trend :).
GBPUSD H1 potential short positionHi
As chart
If price breaks out of the below supply zone (red block below)
Uptrend has momentum to continue rising
But it has possibilities to meet selling pressure since there is a resistance zone that hasn't been successfully broken since 9/22 decline.
When price hits the upper supply zone and there is a "clear bearish singal" could be bearish engulfing, evening star... so on
I'll consider placing short position for short term
After all, it has gone up for a while
RR 1:2 but depending on the situation
DXY drops and there is a new UK minister, unsure what policy he will do on currency.
UK also took office as a new prime minister, and he doesn't know what policy he will have on the currency.
All are personal opinions, not investment advice,
all suggestions and feedback are welcome!
28/10/2022 AUDCAD Long Idea - Entry at confirm of market structure break / Imbalance full fill
- We're at the first drive's pb about to enter the second drive of the current lower timeframe uptrend
- Imbalance full fill is very close to the .5 of the fib retracement
- On the weekly chart we're in a retracement of a bullish impulsive move, at the .786 of the fib retracement
* Stop loss is very small, I'm going for a wick entry which is risky
28/10/2022 GBPUSD Short Idea- Just filled the imbalance ( at 50% ) to the topside
- Entry at the mitigation of this morning's SC ( on the 1H chart )
- Plenty of unfilled imbalances to the downside
- Currently in a lower tf uptrend which is in 2nd drive with a need for a pb
- Effort on the weekly is to the downside, but the last 5 candles have been bullish
- On the weekly downtrend we're currently on the .5 of the fib retracement
* Stop loss could be improper, but I like mine small
Short Idea For AUPrice is creating liquidity below the trendline liquidity and took liquidity above the equal highs to manipulate orders (buy stops & early sellers SL)
The main trend remain bearish and I will only look for sells for this pair right now
Feel free to comment with your thoughts
EURGBP 24/10/2022 Short Idea*This trade is particularly risky due to the last few daily candles
- Mitigation and imbalance to the top side are fulfilled
- Mitigation to the downside
- Upward momentum seems to be dimming
- Entry at current imbalance created by weekly open
- Exit at 0.71 of the fib on the daily impulsive move
BIG SHORT USDCAD (SMC)I found this order block in back at the start of September, was waiting for entry and you can see how perfectly I entered this position. Didn't share this incase it would respect the OB but if u go in the 4h time frame, 2h time frame and bellow you can see how this is being respected. Looking of holding this for a good minute. Because of our economic situation that's going in the world right now I see this trade happening 100%
EURJPY setup Hi everyone , this my next week EURJPY setup,,
Everything is explained on the chart along with a simple forecast ,,
If you like the setup give it a BOOST & FOLLOW for more,,
TRADE SAFELY .
GBPUSD:Sell Set UpNext week we expect the dollar to be stronger and the market to fall further. gbpusd will break the monthly low as soon as possible.
Always Look Selling Set Up.
Trend is your friend
Never Trade Against Trend.
Nice AUDUSD short setup opportunity 1:14 RRAll the details are on the chart
feel free to comment with your thoughts
EURGBP 20/10/2022 Short Idea- Daily Countertrend Downward Effort
- Ascending Wedge
- Bounce from AOI/Imbalance Aligns with an EWT pullback wave and a mitigation where the entry is
- Reaching Entry Level Matches typical NY Session Open Behaviour and confirms break of 50 EMA Support
- Exit at mitigation of big manipulated move
- Current Lower Timeframe Impulsive Move breaks market structure
- Lower Timeframe Uptrend is at 3rd drive
Possible buy in goldI’m expecting a buy in gold from the 1625.6 zone all the way to 1647.4 zone let’s watch the market and see what happens
