GOLD Possible LONG ScenarioGold continues to create new Highs.
It's possible for it to continue even higher without a deeper confirmation that we were waiting from the previous analysis.
I will be looking for a buy from a daily Order Block/Demand zones. Market structure is important.
We need multiple confirmations and a shift in the structure before entering.
The perfect scenario would be a creation of liquidity and clearance of it tapping into an OB with a Wyckoff spring.
DISCIPLINE
Strive for patience, perseverance, determination, & rational action.
Limit your losses, use stops.
Never cancel a stop loss order after you have placed it!
It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
Also, don't forget to support me! :)
Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.
Fvg
CHFJPY - Multitimeframe AnalysisCJ is looking good for shorts. We have multiple confluences for it as explained in the video.
Summary:
Monthly Timeframe:
- Price has just run up higher filled in a Fair Value Gap perfectly. It seems to be reversing from here.
Weekly Timeframe:
- We have an unmitigated Orderblock. Since this orderblock was a "Sell to Buy", means that the selling positions from Smart Money are currently in extreme minus positions, and they will want to reprice lower to mitigate out of their minus positions.
Daily Timeframe:
- We are creating SMT Divergence with its correlated pair - EURJPY. This means that CHFJPY went higher to run out the buy stops and made higher highs, will EJ is creating lower highs. CJ will most likely distribute to then run lower.
- Price has just reacted off a Daily Bearish Breaker Block, which should push price lower.
- Huge Imbalance FVG Gap. Price will come back to fill it as fast as possible.
- Massive Consolidation. Below these consolidations, there are lots of sell stops that will get taken out.
H2 Timeframe:
- Potential Sell POI. Valid Orderblock + Breaker that also caused the last low to get broken to the downside (Break in Market Structure - BMS).
- We have a Bearish Trendline that has three beautiful touches. Everyone that already is in Shorts from the trendline will get liquidated at the next mitigation of the Trendline up into the OB + Breaker and sell off further from there.
XAUUSD Long Opportunity+OB in H1 H2 can try to spot trade opportunity with IME if seeing rejection and confirmation.
Target 1850, 1867, or even higher like 1900 where Smart Money wants to reprice to close the daily, weekly, monthly and yearly candle at once.
Please leave your comment down below, trader helps trader, I am new learner and practicing as Smart Money retail trader. Happy Trading and wishing you all Happy New Year 2022 guys!
GBPUSD Long Opportunity+OB from 15min chart, not sure how far can it holds.
down there still possible to get another entry of QML if this trade are meant to be SL triggered.
P/s: If you guys are into funded trading program, the5ersdotcom maybe a good choice to you. DM me for a 5% discount link, seeking support from you guys too. I'm fresh in this referral program. Happy trading guys. Cheers!
EURCAD Long Opportunity with 20R Setup+OB with FVG lying and liquidities lying above
RRR at least 1:20
P/s: If you guys are into funded trading program, the5ersdotcom maybe a good choice to you. DM me for a 5% discount link, seeking support from you guys too. Im fresh in this referral program. Happy trading guys. Cheers!
GBPJPY long opportunityTP123 not written here. Just analysis, not signal anyway.
Any similar minded kindly shares your comment down below.
New learner to SMC.
P/s: Anyone interested in funded trading program of the5ers? please support me by signing up at link given below, you will entitle for 5% discount. Details can be discussed if DM me here too. Trader help traders, Cheers.
?ref=20419
EURUSD Shorts EURUSD has just Liquidated previous lows. Usually when this happens, we should see a test of this area before moving lower. Right now, EURUSD is testing a LTF Bullish OB which should make EURUSD go up to our Short entry.
I see price reaching the SSL and to fill the Daily FVG Imbalance below. I dont see price reaching up any higher than the highest high it took out (marked with "x") before dropping.
BTC/USDT : LTF plan and possible directionBINANCE:BTCUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
Just wanted to mention the quick note, If #BTC engulf below the mentioned zone, Then it'll drop to the tagged line for a healthy correction in my opinion..
Last time it didn't touched the line and now it just filled the gap above on CME's chart !
Also on 2H's time-frame :
It's moving in a based FIB's channel and according to our LTF plan, If the mentioned zone and line get engulfed; Then the direction would be like the above track on 2H's time-frame.
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
USDJPY - Buy IdeaWe're currently in a discount market where we would like to see the market move away from.
We have Sign of Strength when it took out previous highs, now coming down for a retracement.
We have a Liquidity Void (Imbalance) for the market to move Up to fill.
We have a Strong Orderblock that also took out previous lows, and the Orderblock has not yet been mitigated, making it even stronger.
My Entry is at Equilibrium of the Orderblock.
(Be cautious as we are in Summer Doldrums where markets may move very unpredictably, this trade may fail but it's a valid setup).
USD/CAD - Movement Lower?Currently very overextended to the upside.
We are testing a strong Orderblock in Premium that lines up perfectly with the OTE of the Fib taken from the Higher High.
There are several imbalance levels that should get filled in.
We have an un-manipulated Trendline that has lots of retail money on it, therefore we should see price reach there to manipulate this level.
There's also a W formation on the H1 timeframe that the market should trace towards - the neckline (where it says "First Target". Should we reach through this level I'm expecting price to reach down into the Bullish Discount Orderblock that we should see a reaction happen within.
As much as I don't like indicators, I use the RSI occasionally to find divergence / overbought / Oversold levels. Inside this bearish orderblock we are currently testing, we are very overbought, meaning that we should see price make a move down.