EURUSD isn't turning yetAs most people are looking for eurusd to make a turn back down we keep seeing it rally up not knowing when it will stop but i have an idea of where and thats what i'm gonna share with you today,
as you can see on the chart looking at it on the daily we have equal highs wich are attracting price to that supply zone, maybe once they are out we'll be able to start taking sells again, hopefully soon to continue with a bear year for eurusd, i might make another post on macroeconomy and fundamental analisis just to explain why eurusd will be going down this year.
Supplyandemandzones
GBPUSD LONG BIAS (SWING BUY!)Hello all!
Hope you are doing well :)
I have a Top-Down analysis for you today on GU! I have realised in most channels, and servers i am apart of on social media that people are shouting different directions on this pair..
My views are shared in this video!
Sit back and enjoy! Any questions? just DM me! :)
GBP/USD 17/01 8:55 AM UTC-3In 4h we are bullish, I hope that demand zone will break.
I expect a break in the structure to take sales and then continue to rise.
By trend, purchases are more likely but, for me, sales are more likely since we are expensive in the range, reaching an area of daily demand.
Waiting...GJ looking for a solid break and retest of the 1H high for buys, wont be looking for sells until we get below 156.500, I dont want to trade anymore in that range, price messing to much, going to wait for the breakout/direction, if we fail the daily low again i'll anticipate a potential 1H DB and HTF reversal but for now im bearish until the 1H breaks then i'll be looking to take price up to previous highs, let me know your thoughts!
BTC are within POC monthly, but there are risk for it tooFrom the chart, i've used the Fixed Range Volume Profile (FRVP) and from monthly chart it shows that Bitcoin is in Bullrun position, also at the price range of 17k to 22k are inside the Point of Control (POC) area that might explain why there are sudden bullrun recently. This area might be a rebound area for the price to continue bull run, but there are also some risk that if the market turn into another bear than i expected that Bitcoin will fall maximum at 14,5k area. Finger crossed🤞, lets hope for the best
Morning Update- The Yens For The WinI don't have much to say about this week's trading except, glad it went the way it did and CPI data helped price move this week.
I took advantage of a few Japanese Yen trades. My hopes is that you did too. In my humble opinion, they moved better to me than most currency pairs did.
So, yay! It's the Yen's for the win!
Now to update.
Most Yen pairs made new lows. This is the best time to update your charts to find an opportunity to possible sell again, if your strategy meshes with the recent movement of course.
I'd love to see fullbacks via the daily timeframe before I enter another longterm swing again, but thats just me.
Be well. Happy Friday. Enjoy your weekend.
I'll see you all Sunday night at 8:00 pm EST. for another live stream.
-Shaquan
Possible SPY Long opportunity from smart money Please read the chart text. Furthermore we are in a box that has proved there are lots of bulls at this area hence the previous rally at this zone. Could this be the Santa rally everyone is talking about to save spy? We can hope for smart money to re-enter longs here to boost spy back up towards the top of this range otherwise, I fear spy may drop slowly into 360's or lower. There is also a chance that spy just trends sideways and ranges more into the new year. What do you guys think is brewing?
S&P 500 Analysis and Trade IdeaInteresting. Loads of news coming! CPI, FOMC, and interest rate decisions for CHF, GBP and EUR.
I will wait until I see how the CPI data turns out before jumping in this market for trades.. especially for any buys.
I do, however, see that *support * differently... as I am tentatively bearish in this market.
D1:
1 - A bearish break of of Swing structure. Confirms the market is bearish until the high is taken out.
2 - The return to the impulsing order block. This is the expected pullback correction after a BOS.
This D1 supply zone was in the premium of the trading range, imbalanced and unmitigated, and price reacted
to it perfectly (see last weeks Sunday livestream). It also broke the daily uptrend line.
3* - This is no doubt going to look to some as price finding support for a move up. But it is sell side
liquidity, looking thru the lens of SMC. I expect those lows to be swept, as there are SLs there for the
traders that took longs from those levels.
4 - This is a well placed imbalance/fair value gap that looks to be filled ... potentially... as price moves to
mitigate the demand zone that formed that gap.
5 - This demand zone has potential to hold price once mitigated. So any shorts taken from up higher
into it should TP in this area, imo.
Personally, I will be looking for confirmations to take a long from here. We'll see how price reacts
to this poi firs, though.
If you like this analysis and would like to see more, give this post a BOOST with thumbs up!
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Trade safely.
Waiting...GBPUSD - I might take some LTF scalps up towards the 50% if we create structure above the current DH, but mainly im looking to see how price reacts to the 50%/4H BOS level, if price gets on top of this it will continue back up towards the 1.23238 resistance level, if we reject at the 50% i'll be looking for price to take out the current DL $ before looking for reversals inside the Daily demand zone.
Let me know your thoughts!
DXY – TRADES | MTF ANALYSE | KW48In today's post I present relevant marks of the DXY for the next week, which could support the one or the other, in their own analysis.
= the technical analysis approaches, are shown in individual images in the post. So that an individual interpretation of the respective - standing alone - is possible.
= the title picture shows an example, of a possible trade. This is one of many possible setups because the current course isn`t able to take a clear direction.
PERSONAL ASSESSMENT
If you look at the price in the higher time frames, you can quickly see that "without" another correction, we have been in free fall.
Thus, an intermediate correction in the smaller time frames is long overdue and could possibly await us next week, with a rising USD / DXY.
This just announces itself with a MACD divergence, in the small-time units. This does not mean that the price must immediately react to it, however, over the next few days after a possible small sell-off, the whole thing can run in the opposite direction.
Why this is so, I explain to you in the following.
MARKET MAKERS MOVE THE PRICE .
The DXY has been in correction for 2-months and many market participants assume a further USD value decline.
And exactly there is the existing problem,
-> "many market participants" are on the USD short side.
If you look a little bit into the TRADING of the HEDGE funds and banks, you will quickly come to the conclusion that without their participation, the market will not move.
1. from the moment the price moves permanently in one direction, it is no longer interesting for large investors.
2. their opportunities to make money are very small, which is why they have to reverse the market direction or initiate a consolidation.
This in turn is due to the following reasons:
- The position sizes of these investors are too large to be executed in a normal market environment.
- For this reason, you can e.g. only build LONG positions if enough investors sell to you = go SHORT.
- Thus, when the market falls, they can build a LONG position piece by piece, without having a "visible" influence on the market.
Then, when you decide that their position size has been successfully filled, let the price go in the opposite direction.
- During the e.g. upward movement, profits are then taken piece by piece where liquidity is highest so that the market does not break away again after these profit-takings.
So that you are prepared for both scenarios (LONG / SHORT), I have carried out the analysis combined with the different time units (monthly, weekly, daily and INTRA-Day) and in the following with chart images.
The following methods are used and shown below:
- MULTI TIME FRAME ANALYSIS
- TREND LINES + TREND CHANNELS
- SUPPLY&DEMAND ZONES
- FIBONACCI LEVEL
- MACD
MONTHLY TIME FRAME
WEEKLY WINDOW
DAY WINDOW
INNER DAY TIME WINDOW
4h + LONG
4h + SHORT
1h
4h Divergence - MACD - Intraday
> Feel free to discuss this in the comments and share our perspectives, I would be "burning" to hear your take on the whole thing.
If this idea and explanation has added value to you, I would be very happy to receive a review of it.
Thank you and happy trading!
Waiting...Gold - still super bullish, looking to take buys if we can make structure/candle close above the 1796.300 level or if that level fails will wait until price hits the buy zone to look for more buy opportunities! I wont be looking for sells until we either break the buy zone or reject 1807!
Let me know your thoughts!