SOLUSDTSOLUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 26 followed by 30
What you guys think of this idea?
Structure
EURUSD 19 Oct 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 19 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Analysis
1.
Bullish Swing
Bearish INT
2.
As expected, price made a CHoCH and confirmed INT Low. we are now in bearish continuation of the INT structure and price maybe targeting the INT Low.
We are at Swing Discount, Most probably that swing pullback will end and we can see Demand is holding which is a good sign that the swing pullback may have ended and we are targeting the Weak Swing High
3.
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback
As price turned bearish, and reached EQ, our expectations now that Demand zones in Discount will provide a good opportunity for longs
4.
Daily and 4H Supply zone that current price action is targeting and could provide reaction for shorts opportunity using Entry Model with LTF confirmation
5.
Price could be targeting the Liq. below the 4H previous INT Low above the 4H extreme demand zone for longs
15m Analysis
1.
Swing Bullish
Internal Bearish
Sub Internal Bearish
2.
After the 15m BOS, we are expecting a Swing pullback which already confirmed by the Bearish iBOS.
INT structure turned bearish which complicate the current view now and for me i'll be waiting for INT structure to turn bullish to continue looking for buys.
EURUSD 18 Oct 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 18 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Analysis
1.
Bullish Swing
Bearish INT
2.
As expected, price made a CHoCH and confirmed INT Low. we are now in bearish continuation of the INT structure and price maybe targeting the INT Low.
We are at Swing Discount, Most probably that swing pullback will end and we can see Demand is holding which is a good sign that the swing pullback may have ended and we are targeting the Weak Swing High
3.
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback
As price turned bearish, and reached EQ, our expectations now that Demand zones in Discount will provide a good opportunity for longs
4.
Daily and 4H Supply zone that current price action is targeting and could provide reaction for shorts opportunity using Entry Model with LTF confirmation
5.
Price could be targeting the Liq. below the 4H previous INT Low above the 4H extreme demand zone for longs
15m Analysis
1.
Swing Bullish
Internal Bullish
2.
After the 15m BOS, we are expecting a Swing pullback which already confirmed by the Bearish iBOS.
INT structure turned Bullish to confirm that the 15m Swing pullback is over and we will be targeting the Weak Swing High.
3.
Internal to Internal turned bearish to facilitate the Internal Structure Pullback.
Demand Zones now will provide opportunities to continue the INT and Swing Bullish continuation.
4.
The bullish INT structure is clear but i'm having the concern that the current INT Bullish structure is not showing that solid volatile trending which is corrective in it's behavior.
But following the OF, we still solidly bullish until we get demand failing and structure turns bearish.
EURUSD 17 Oct 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 17 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H
1.
Bullish Swing
Bearish INT
2.
As expected, price made a CHoCH and confirmed INT Low. we are now in bearish continuation of the INT structure and price maybe targeting the INT Low.
We are at Swing Discount, Most probably that swing pullback will end but there are no signs till now on the 4H TF.
The current 4H Demand at the INT structure extreme or the 4H Demand at the Swing Extreme could be the POIs to continue bullish.
3.
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback
As price turned bearish, and reached EQ, our expectations now that Demand zones in Discount will provide a good opportunity for longs
4.
Daily and 4H Supply zone that current price action is targeting and could provide reaction for shorts opportunity using Entry Model with LTF confirmation
5.
Price could be targeting the Liq. below the 4H previous INT Low above the 4H extreme demand zone for longs
15m
1.
Swing Bullish
Internal Bullish
2.
After the 15m BOS, we are expecting a Swing pullback which already confirmed by the Bearish iBOS.
INT structure turned Bullish to confirm that the 15m Swing pullback is over and we will be targeting the Weak Swing High.
3.
Internal to Internal turned bearish to facilitate the Internal Structure Pullback.
Demand Zones now will provide opportunities to continue the INT and Swing Bullish continuation.
EURUSD 13 Oct 2023 Intraday Analysis This is an intraday analysis for EURUSD on 15m and 4H chart based on Smart Money Concept (SMC)
15m:
1
Swing Bullish
Internal Bearish
2
After the 15m BOS, we are expecting a Swing pullback which already confirmed by the iBOS.
As we are in Swing Discount the 15m and 4H Demand zones are currently providing opportunity for Longs to target the Swing High.
The concern now is that the INT is Bearish and current longs will be only a pullback to the bearish INT.
3
Internal structure turned bearish to confirm that the Swing pullback started
Chart:
4H:
1
Bullish Swing
Bearish INT
2
Price swept Liq from the previous INT low and broken and closed above the high forming another iBOS
3
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback
As price turned bearish, and reached EQ, our expectations now that Demand zones in Discount will provide a good opportunity for longs
4
Daily and 4H Supply zone that current price action is targeting and could provide reaction for shorts opportunity using Entry Model with LTF confirmation
Chart:
USDJPYUSDJPY was trading in rising wedge pattern till the sellers took control from channel resistance and has given the massive sell rally. That sell rally break the inclining trendline of the wedge.
Now the price is retesting the broken trendline and broken support level.
it seems like the sellers can attack again this bearish confluence.
If the sellers takes charge again, the next target could be 147.35
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BTC Dominance broke structure - 56% nextBTC Dominance retraced to the discount on this daily leg and broke structure to the upside before taking the sell-side-liquidity.
BTC Dominance need to retrace to the premium zone to fill the inefficiency on the weekly / monthly timeframe.
Once we see a lower timeframe confirmation around the 56% level, we can prepare for the altseason. Until then... Brace yourselves.
GBPJPYGBPJPY was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel.
Currently the price is forming a local support around 181.80 region.
Will the bulls take charge again continue for leg higher?
What you guys think of this idea?
XRPUSDTXRPUSDT was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel.
Currently the price is forming a local support around 0.5070 region.
Will the bulls take charge again continue for leg higher?
What you guys think of this idea?