This is my Intraday analysis on EURUSD for 26 Feb 2024 W9 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m NOTE: Nothing major changed since last Friday analysis. Price still within a tide range. 4H Chart Analysis 1. Swing Bearish INT Bullish Swing Pullback Phase 2. After a BOS and iBOS we expect...
The GBP/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a triangle pattern. Key Points: Triangle Breakout: The price has been trading within a triangle pattern, characterized by converging trendlines. This pattern can be interpreted as a continuation of the prior trend or a potential reversal...
Reviewing what happened with last week and whats possible this week. Going to let Monday Play out to allow the market to show its hand then get active. We are in a Monthly transition this week so do keep that in mind on this week's moves.
– Previous Weekly candle closed strong Bullish around 2035.400 forming Weekly Support around 2013.200, Friday Daily candle closed Bullish within Daily Resistance formed back on Wednesday 7th February this year. I’ll be looking for potential Buys above 2041.700 targeting previous 1h Support formed on 1st February at 2046.200 and previous 4h Range formed around...
EU is doing also the exact same thing as GU in which we have run higher into our supply as we called for our very first higher timeframe markup a few weeks back, following on from this idea we have also built liquid as we thought we would during our pullback stage for price, iam now looking for it to shift bearish within our 5min swing range as we are currently...
GU following on from our last hourly and higher timeframe post, we have moved like clockwork as we have expected, running back to our higher zones and forming clear liquid under our retracement lows. Now as we stand from last week we are in a bearish swing range as we took the SWL highlighted in our chart here! Looking for a pullback within our five min range...
eurusd has broke outside the bearish channel and the retest already happend. In my opinion we have 2 scenerio's. 1. Price stays above 1.07937 support zone and seeks higher levels. 1.0888 already tested so expecting it to break above toward 1.0930. 2. if price breaks below 1.0787 we can expect a downwards movement again. Resitance: 1.0833, 1.0860,...
Take profit points are in the chart. 5$ will be the cherry on top.
ETHUSD LONG IDEA IF daily close is above 2981.33 i can see further upside to: 3577.41 i have entered as of from 2981.33but to be safer id enter again at that mark if daily close is above it. ENTRY: 2981.33 TAKE PROFIT: 3577.41 stop loss: 2722.16 again where i have entered is failry risky. but the target is: 3577.41
Here is my latest structure analysis and important key levels to watch and trade on EURUSD next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
This is my Weekly analysis on EURUSD for 26-1 Mar 2024 W8 based on Smart Money Concept (SMC) which includes the following Time Frames: Weekly Daily 4H Economic Events Weekly Chart Analysis 1. Swing Bearish Internal Bearish Reached Swing EQ (Pro Swing + Pro Internal) 2. After the Bearish iBOS we expected pullback, price tapped into...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Long on pullbacks should be still the theme,jpy is weak. Long on other jpy crosses can take a look at well. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. High potential to move higher.let's see. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Chart for the USD on the higher timeframe looks to have turned to the downside. H4 continued to make lower lows. If the inverted h&s didnt form out on USD, likely we could be seeing more downside for USD. Do check out my stream video for the week to have more...
Hey Traders, in the coming week we are monitoring AUDUSD for a selling opportunity around 0.66200 zone, AUDUSD was trading in a uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.66200 support and resistance zone. We would also consider the current bearish bias on stocks as AUDUSD...
USDCAD is currently in a range, as we can see on the volume profile we have made a very nice distribution curve, we are also in a smaller distribution amongst this larger one. If we manage to break the high of the smaller balance, we may be likely to head to 1.3 area. Keep an eye on it next week, to find its path.
Conversely, in the scenario of sellers regaining control and driving the exchange rate lower, support appears at 149.70 and 148.90 thereafter. Continued losses beyond these thresholds may lead to a pullback towards 147.50 in the near term. USD/JPY outlook: Extended consolidation above trendline support to precede push towards key barriers Confirm long Target
Hey Traders, in the coming week we are monitoring GBPUSD for a selling opportunity around 1.27200 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.27200 support and resistance area. Trade safe, Joe.