Harmonic Patterns
GBPUSD - AB = CD Bearish Pattern on Daily Time frameThe GBP/USD pair has formed a bearish AB=CD pattern on the daily chart, signaling a potential trend reversal. After completing the C-leg retracement, price is expected to decline towards the D-point, aligning with key support levels. A confirmed rejection at resistance strengthens the bearish outlook,
Stop loss: 1.2823
Profit targets: 1.2150 and 1.1814.
This ABCD pattern strengthens the bearish trade setup, providing a structured approach to targeting downside price levels. 📉🚀
MCB Bank Pakistan – Smart Money Concept (SMC) Perspective### **MCB Bank Pakistan – Smart Money Concept (SMC) Perspective 📊🔥**
I Have identified the **Yearly Breaker Block** overlapping with a **Monthly Bullish Order Block (OB)** and a **Fair Value Gap (FVG)**, then this setup signals a potential **liquidity grab** before a strong bullish move. 🚀
#### **1️⃣ Yearly Breaker Block & Monthly Bullish OB 📉➡️📈**
- The **Breaker Block** acting as a resistance suggests that price may need to mitigate unfilled orders before a strong reversal.
- **FVG presence** indicates institutional activity and the need for price to rebalance before continuing higher.
#### **2️⃣ Volume Imbalance & Price Decline 🔻**
- The presence of **Volume Imbalance** suggests that price might push lower to the **Monthly OB**, where Smart Money could accumulate long positions.
- **Liquidity Hunts** below OB could fuel a **bullish reaction** from this level.
#### **3️⃣ Liquidity Grab & All-Time High (ATH) Break 🚀**
- If price taps into **Monthly OB** and shows bullish confirmation (**Market Structure Shift - MSS**), we could see a rally toward **ATH breakout**.
- This move aligns with **Smart Money's agenda** to trap sellers and fuel a strong uptrend.
### **Trading Plan (Execution Strategy) 🎯**
✅ **Confirmation:** Look for **Bullish Engulfing / MSS** at **Monthly OB**.
✅ **Entry:** Use **Limit Orders** in OB or wait for **Lower Time Frame (LTF) Confirmation**.
✅ **Stop Loss:** Below **Monthly OB** to avoid liquidity sweeps.
✅ **Take Profit:** First **Previous High**, then **All-Time High (ATH)**.
📌 **Conclusion:**
This setup suggests a **High-Probability Smart Money Trade**, where price may drop into **Monthly OB**, grab liquidity, and then push to break **ATH**. **Patience & Confirmation** will be key! 🔥💰📈
Gold short view...
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support it with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
USDCHF Trade Idea - Bullish Bias### **📈 USDCHF Trade Idea - Bullish Bias**
**🔍 Market Outlook:**
I am considering **USDCHF bullish** based on the following confluences:
✅ **Bullish Monthly Outlook:** The pair is showing strong bullish potential, aligning with **monthly IRL (Initial Range Low)** to **ERL (External Range Liquidity)**. 📅
✅ **Bullish Trend Continuation:** Price action suggests a continuation of the **bullish trend**, with solid momentum. 🚀
✅ **Break of Structure (BOS):** Recent breaks above significant resistance levels signal the possibility of further upside. 📊
✅ **SMC Confirmation:** Price action aligns with **Smart Money Concepts**, indicating potential institutional participation. 🏦💵
### **📌 Trade Plan:**
🔹 **Entry:** Look for pullbacks or minor retracements into **buy zones** (IRL to ERL) for optimal entries. ⏳
🔹 **Stop Loss:** Below the recent **swing low** or invalidation level. 🚨
🔹 **Take Profit:** Target the **next external liquidity zone** (ERL) as the ultimate take profit area. 🎯💰
🔹 **Confluence:** Look for **bullish order flow** and additional confirmation on **lower timeframes (LTF)** before executing. 🔄
Let me know if you'd like more analysis or a chart to visualize the idea! 📊
Ascending TriangleConstructive initial base and showing relative strength to the market. Possible breakout to ATHs as the weight of the market lifts.
Newly listed coins significantly outperforming recently, benefitting from lack of overhead supply, new innovations and learnings from the successful HYPE launch
NZDUSD Trade Idea - Bearish Bias### **📉 NZDUSD Trade Idea - Bearish Bias**
**🔍 Market Outlook:**
I am considering **NZDUSD bearish** based on the following analysis:
✅ **Bearish Trend Continuation:** The pair has shown consistent weakness and is aligned with a bearish trend. ⬇️
✅ **External Monthly Range Liquidity:** The price is likely heading towards the **monthly external range liquidity**, creating a good opportunity to short. 🏦💰
✅ **Break of Structure (BOS):** A recent **BOS** confirms downward momentum, suggesting further downside potential. 📉
✅ **SMC Alignment:** The trade aligns with **Smart Money Concepts**, supporting institutional-driven price movements. 💼
### **📌 Trade Plan:**
🔹 **Entry:** Wait for a minor retracement or liquidity sweep before entering short. ⏳
🔹 **Stop Loss:** Above the recent **swing high** or invalidation level. 🚨
🔹 **Take Profit:** Target **monthly external range liquidity** for a significant profit zone. 🎯💵
🔹 **Confluence:** Look for additional **bearish order flow** confirmation on lower timeframes (LTF). 🔄
Let me know if you'd like more details or a chart to visualize this! 📊
AGRS long setup with fib spiral
This trading strategy revolves around the Fibonacci spiral, which begins at the key level of $0.90. Our approach is based on projecting price action over a 90-week time frame, starting from the all-time high in February 2024. The key concept here is to anticipate where price could square time and reach a natural resistance level in sync with Fibonacci extensions.
We are targeting price levels where we expect potential reversals, marked in green as areas for profit-taking. The Fibonacci spiral serves as a dynamic guide for progressive resistance, helping us track the evolving trend and set realistic targets.
This idea aligns with both time and price cycles, leveraging Fibonacci’s geometric principles for a more structured approach to long positions.
Stop loss is up to you. Be advised that if the first tp doesn't hit, it can correct down to 50c.
KEY TAKE PROFITS DATES:
$3.46 Feb.13
$6,06 Mar.26
$8,65 May 4
$11.19 Jun. 13
Price and dates levels can be of course switchable between themselves, but the correctly time price squaring is as it follows.