Daily is currently in a bullish trend and the 4h is now aligning with the Daily timeframe going for that next higher high. We have now switched from bearish to bullish in the 4h timeframe and we are expecting a new higher low to be formed in order to continue our bullish trend. we have now some potential levels of demand in discount pricing of the 4h leg in which...
Daily is currently in a bullish trend and it seems that the 4h is now aligning with the Daily timeframe going for that next daily higher high. We have now switched from bearish to bullish in the 4h timeframe and we are expecting a new higher low to be formed in order to continue our bullish trend. We have now some potential levels of demand in discount pricing...
As for the daily TF we can see how price swept the LQ that has been resting below the previous EQL at around 1.36670 and since that has made a push to the upside breaking structrure to the upside which then created a POI at around 1.36000 that has already been mitigated pushing price up. meaning that we could start to look for potential POI's in the LTF's....
USDJPY Using SMC. interact if you would like to see more indepth smart money analysis.
As for the moment I think GU will go up to touch the resistance of the range ones again. seeing that we've been ranging accumulating lots of liquidity and price has reacted ones again from the support of the range, under and above this range lays liquidity, after tapping in the resistance of the range then price could start to fall.only if price breaks above the...
as said before in my previous idea I said that we could be forming a double top pattern in the weekly timeframe, I am still going with this bearish bias. In the weekly tf we can see how price is rejecting nicely for the second time at around 1.22000 meaning that we could expect for price to start falling in our lower timeframes. as for the daily tf I've drawn a...
Starting from the weekly TF we can see how price has started to reject strongly and is possibly forming a doubletop, meaning that we could expect for pice to start dropping in the lower timeframes. In the daily TF we can see that price has been mostly Bullish but is now becoming weak because price has started failing to break above structure and make new higher...
In the daily TF we can see that price has been falling strongly but has now reached a daily demand area at around 1.20000 where price could possibly react from. In the 4hr TF we can see how price failed to break structure below the previous low meaning it failed to make a new lower low and has started to form a possible Double Bottom (reversal pattern). In order...
As for the daily TF we've been pushing up and we're now reaching a supply area where price could potentially react from seeing that allot of those who trade support and resistance will be looking to take shorts from there. If we go down to the 4hr to see how the structure is we can see how price failed to make a new higher high and has formed a DoubleTop (reversal...
As for the daily TF we can see how price reacted at around 111.000 and since then started falling until it came around 107.500 where price started to reject and form a demand zone, since that rejection price has started to push up making a series of higher lows and higher highs. I've drawn a minor demand zone at around 108.600 seeing that this is our major daily...
Clear trendline being broken, waiting for a clear retest to take it long from there. Pay attention to market sctructure!
Clear trendline being broken, waiting for clear retest to take it from there. Pay attention to market structure!
If we take a look at the daily market structure we can see price break the previous high making a shift (change of direction) where we can see how the Bulls start to come in strong and the Bears start to lose strength. as for the 4hr TF I've drawn a flag (continuation pattern), this flag is the actual pullback from the daily TF. I would wait for a break of...
simple market structure waiting for break and retest.
Eurusd looks so simple and clean which is what I love the most. As for the daily tf we can clearly see that we are trending up, if you take a look at the latest market structure movements we can see price breaking the previous higher high made a small pullback and now we could possibly expect the next push to the upside going for that next higher high. Dropping on...
we have an Ascending Triangle pattern in the 4hr TF I would like to see a break breaking the lows and a retest with candlestick confirmation! This is not financial advice trade at your own risk..
starting off from the weekly we can see that price rejected strong from an area of supply around 1.42000 where we can see multiple wick rejections and price starting to fall as sellers are taking control. as for the daily TF I've drawn a trendline with three touches , this trendline was broken and price has started to consolidate outside of it. dropping off to the...