EURUSD 9 Nov 2023 Intraday Analysis - Powell Speaks 2nd DayThis is my Intraday analysis on EURUSD for 9 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bullish
INT Bullish
2.
After a BOS we expect a pullback, As we did a CHoCH on the 4H and iBOS on the 15m the pullback started and tapped into a 4H Demand Zone.
Price tapped into 4H Demand and bounced creating a Bullish CHoCH and forming a fresh Demand zone that could hold price for continuation up to the 4H Supply / Swing High.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
After the 15m BOS we expect a pullback. Confirmation that the pullback is starting when we have the bearish iBOS.
INT turned bearish confirming Swing High and the pullback started. After which we got a bullish iBOS which indicated that the pullback is over but we broken the strong low yesterday and price failed to continue down and we created again a Bullish iBOS.
This behavior ob Bullish Bearish-Bullish is solid bullish indication and will keep me in the bullish side of EURUSD to target the Swing High or at least the 4H Supply formed when we started the pullback.
3.
15m Demand for possible longs as long the Strong INT low will hold.
Liquidity
This will change your trading forever: how to spot liquidity!Bitcoin has definitely been on a roll lately, but I know that a lot of you are secretly thinking about "where is the reversal"?
Liquidity is a concept that escapes a lot of people, but the reality is that liquidity is much simpler than most people think. Liquidity is simply this: What price is seeking.
I used have a hard time understanding the concept of liquidity, until one day I realized that liquidity is simply where the majority of the orders are. So how can we find liquidity?...
If you've been at the trading game for any decent amount of time, you will immediately be able to define two well known sources of liquidity: High/Lows and trendlines. So understanding this, we know that liquidity seeks a point where we will likely have at least the confluence of a trendline and a high or a low before reversing.
But let's be real here, it's not just highs/lows and trendlines, because the market is dynamic...
So what else can we use as an addition to liquidity confluence?
INDICATORS....
Indicators are the life blood of retail traders which is exactly why there is liquidity tied into them, even a lot of advanced traders use indicators in some parts of their trading. After doing a ton of research on the indicator topic, I realized that for the most part, every indicator out there is reliant on one of two things:
Moving Averages
Volume
So we now understand that 4 things supply liquidity to the markets:
Highs / Lows
Trendlines
Moving averages
Volume
The combination of these 4 factors are what makes price reverse...... That's it. That's the magic.
In the current chart for Bitcoin we can put together the precise factors of liquidity confluences.
We have a trendline, a daily high, VWAP and volume profile all indicating around the same area. The trick in finding liquidity reversal points is to have all of them lined up in the general vicinity, and wait for price to take out the furthest liquidity target. Which in this case is around the volume profile gap that is sitting right above the daily high at a little above $40,000...
Congratulations. You've just found the reversal point of Bitcoin...
XAU Weekly - BearishThis Week we Say OANDA:XAUUSD was Super Bullish, But is It?
gold has Engineered Liquidity up and Down, I believe its going up to Hit Retail Stop loss and then Revert to go Down .
I have noted Levels that I am interested in Chart
Another Confirmation : If you Check #Gold Seasonality, Normally OANDA:XAUUSD is Bearish in October and November !
Disclaimer : this is Just Technical Analysis, You Should never use this information for real Trading, Do your own Research.
Sincerely,
Sobhan JTN
EURUSD 8 Nov 2023 Intraday Analysis - Powell Speaks This is my Intraday analysis on EURUSD for 8 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bullish
INT Bullish
2.
After a BOS we expect a pullback, As we did a CHoCH on the 4H and iBOS on the 15m the pullback started and tapped into a 4H Demand Zone.
Expectations that as long this demand zone holds and the 15m OF stay bullish we can resume the bullish move and target the INT High.
The only concern that we didn't pullback to the 50% of the Swing which is something to pay attention to as we could visit the Swing 50% before we continue up.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
After the 15m BOS we expect a pullback. Confirmation that the pullback is starting when we have the bearish iBOS.
INT turned bearish confirming Swing High and the pullback is starting.
Price taped into the 4H Demand and created a bullish iBOS which indicate that the 15m Swing pullback is finished and we will continue the bullish move targeting the Swing High.
3.
4H Demand zone which includes 15m Demand that can provide potential buys to continue bullish.
4.
4H Demand zone which includes 15m Demand zones at the 15m Swing extreme that can provide potential buys to continue bullish.
Liquidity - How to easily spot it!Here's how you can easily use liquidity to create wealth 🤑
Knowing how to identify liquidity is an important aspect of trading that shouldn't be overlooked, BUT contrary to popular belief, it's not the greatest thing since sliced bread...
It does have its significance and it's place, but understanding WHY "liquidity" is formed is more important than the WHERE ...
Once you know why, you can slay hard every single day!
Follow me for more educational posts and market analysis:)
Anyway, that's all for now,
Hope this post helps and as usual...
Happy Hunting Predators
🦁🐯🦈
EURUSD 7 Nov 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 7 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bullish
INT Bullish
2.
As expected, price continued bullish and did a bullish BOS after sweeping the Liq from the previous Swing lows.
After a BOS we expect a pullback, but be mindful that all TFs are bullish in Structure or OF so most probably that bullishness will continue.
As we did a CHoCH on the 4H and iBOS on the 15m we can expect the pullback is starting after the BOS.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
15 Chart Analysis
1.
Swing Bullish
Internal Bearish
2.
After the 15m BOS we expect a pullback. Confirmation that the pullback is starting when we have the bearish iBOS.
INT turned bearish confirming Swing High and the pullback is starting. expectation is that the pullback will continue to the 4H POIs and from there we can expect a change in the bearish OF and the INT will change to bullish.
3.
4H Demand zone which includes 15m Demand that can provide potential buys to continue bullish.
4.
4H Demand zone which includes 15m Demand zones at the 15m Swing extreme that can provide potential buys to continue bullish.
EURUSD 6 Nov 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 6 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
As expected, price continued bullish and did a bullish BOS after sweeping the Liq from the previous Swing lows.
After a BOS we expect a pullback, but be mindful that all TFs are bullish in Structure or OF so most probably that bullishness will continue.
Will be looking for pullback to start once we tap into the Weekly/ 4H Supply zones that is price is approaching currently.
Will wait for LTFs to guide for maybe the Swing pullback is starting.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
After the 15m BOS we expect a pullback. Confirmation that the pullback is starting when we have the bearish iBOS.
INT still bullish so we can continue longs but be mindful that the 15m Swing pullback could start at any time.
3.
4H Demand zone which includes 15m Demand zones at the 15m Swing extreme that can provide potential buys to continue bullish.
Bitcoin's Tight Squeeze: Are We Preparing for a Big Move Up? 🚀Bitcoin (BTC) is experiencing a period of intense consolidation, characterized by narrowing price ranges and increased trading activity. This compression often precedes a significant price movement, and based on the current dynamics, many traders are gearing up for a potential bullish breakout.
Squeeze & Liquidity Sweeps: The Tug of War
In recent market sessions, Bitcoin has been exhibiting a strong squeeze pattern, causing price volatility to contract. Despite this tightening range, there's a noteworthy trend – liquidity sweeps are primarily occurring on the upside. Liquidity sweeps involve large market orders that briefly dip into specific price levels to trigger stop orders or accumulate positions.
What's Ahead: A Retest of the Daily Imbalance
As we navigate this period of compression, many market participants are keeping a close eye on the daily imbalance level around $31,000 - $32,000. The significance of this range lies in the liquidity dynamics. Traders are eyeing a potential retest of this zone, which, if successful, could trigger a renewed bullish momentum.
Trading Strategy: Navigating the Uncertainty
For traders, the current situation is both a challenge and an opportunity. This tight consolidation phase is an ideal time to refine trading strategies and adopt risk management techniques. The impending price movement might provide exciting trading opportunities, but it's essential to be prepared for both bullish and bearish scenarios.
Conclusion: The Calm Before the Storm?
While Bitcoin may appear to be in a tight squeeze, the market is far from idle. Liquidity sweeps and the potential retest of the daily imbalance zone add complexity to the picture. With these dynamics in mind, traders are ready to seize opportunities as they arise, whether it's a breakout to the upside or a different turn of events.
🚀 Crypto Insights | 💡 Trading Strategies | 💰 Market Analysis
❗See related ideas below❗
Share your thoughts and analysis of Bitcoin's current situation. 💚🚀💚
EURUSD 6 - 10 Nov 2023 Weekly AnalysisThis is my Weekly analysis on EURUSD for 6 - 10 Nov 2023 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
2.
After the iBOS we expect pullback, price tapped into Liq on the lift and a demand zone which showed a nice reaction that the pullback of the internal bearish structure maybe starting but still the OF is bearish
Last week we had bounced nicely continuing the pullback after the iBOS and we are currently approaching a Weekly Supply/Flip Zone.
3.
Potential flip supply zone to continue the INT bearish structure and Swing bearish leg
But be mindful that the INT structure doesn't have IDM and the zone/CHoCH could be used as IDM and we will be in the Swing Discount
4.
Extreme supply within the bearish INT structure with Liq below it. A potential zone located in the Swing premium for continuation down
Daily Chart Analysis
1.
Swing Bearish
INT Bearish
2.
After BOS we expect a pullback
CHoCH will be the first sign of maybe pullback is starting, price did a CHoCH confirming INT Low formation.
OF turned bullish to facilitate the Swing pullback and most probably we will continue bullish till we sweep Liq on the lift which reside below the Weekly and Daily Supply zones before we see bearish continuation.
3.
Weekly/Daily supply zone and the extreme of the bearish INT Structure which could provide a short opportunity if we are going to react from these zone.
Let's watch LTF to guide us for potential shorts.
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
As expected, price continued bullish and did a bullish BOS after sweeping the Liq from the previous Swing lows.
After a BOS we expect a pullback, but be mindful that all TFs are bullish in Structure or OF so most probably that bullishness will continue.
Will be looking for pullback to start once we tap into the Weekly/ 4H Supply zones that is price is approaching currently.
Will wait for LTFs to guide for maybe the Swing pullback is starting.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
Economic Events for the Week
EURUSD 3 Nov 2023 Intraday Analysis - NFP Day This is my Intraday analysis on EURUSD for 3 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
After sweeping the liquidity down there the Swing continuation is solid now for more upside and targeting the Swing High and more.
We reacted yesterday from the supply zone that formed to sweep the liquidity but there is a high probability that we will break this zone to target the Swing High.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
After the last iBOS, price reacted from 15m Supply that caused the bearish iBOS to facilitate the bullish iBOS pullback.
INT Structure holding bullish continue the bullish swing continuation.
3.
4H Demand zone which includes 15m Demand zones that can provide potential buys to continue bullish.
I don't think that price can pullback all the way down to the 15m demand which is a sign of weakness, instead i'm looking for breaks to the upside from here and continuation today.
USDCAD LONG POSSIBILITIES Hi guys, In this analysis I will be covering USDCAD. LEVEL 1.3891 has been acting as a resistance and price has already tapped into it multiple times. Should price begin selling off from this level, The first demand level would be 1.3832 and the one after that would be 1.3804.
One other scenario is that price breaks through the immediate resistance with a fake out and taps into supply zone which is 1.3925 then starts selling off.
One thing we should consider is Federal fund rate which is going to be publish later today and it will heavily impact the market. so be extremely cautious while taking trades on any of these levels.
Be honorable
EURUSD 2 Nov 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 2 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
The Swing continuation moved stopped at the 4H Supply yesterday and created a fresh Supply zone after the bearish CHoCH.
As stated yesterday that If the low that started the Swing Continuation move failed to break the Swing high then there is a high probability that it will be targeted.
Buys still the theme within this swing but the liquidity formation above the extreme demand zone is maybe the target now to continue up which we did yesterday.
After sweeping this liquidity down there the Swing continuation is solid now for more upside and targeting the Swing High and more.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
INT Structure turned bearish which allowed price to sweep the Liq from the 4H Structure low yesterday and turned back again to bullish after sweeping the liquidity.
Now 15m Swing and INT align with the 4H Swing and INT and it's a high probability to continue up again to target the 15m Swing High and above as long the INT Structure lows are respected and staying bullish.
3.
4H Demand zone which includes 15m Demand zones that can provide potential buys to continue bullish.
I don't think that price can pullback all the way down to the 15m demand which is a sign of weakness, instead i'm looking for breaks to the upside from here and continuation today.
#DXY more bullish outlookHello, everyone. I hope you're all having a great week.
Let's analyze the DXY chart and try to make some predictions for the upcoming week.
Last week, the price was rejected from the important low indicated on the chart and also established a new 4-hour high, as evident in the chart. Consequently, the market structure in the 4-hour time frame is now in alignment with the higher time frame, daily market structure, and they both exhibit a bullish trend.
Given this scenario, our primary interest lies in taking long positions in high-probability trading zones. These zones could be around the short-term low marked with an arrow or during a pullback to the broken short-term bearish trendline.
In the meantime, as we await the price to reach these levels, we will closely monitor the market. Once the price approaches these areas, we will be looking for confirmation signals before considering our trades.
EURUSD BUY AND SELL POSSIBILITIESHi guys, This time I'll be covering EURUSD. SO currently price has tapped into our supply area which is around 1.0674-1.0694 and is selling off. Should selling continue I would expect the price to decline to 1.0623 which is the broken resistance level. Then below our support level we have a demand area which has been tested once and it could be worth trying it for the second time. So make sure you have these two levels under observation and take appropriate action upon price reaching there.
Be honorable
EURUSD 1 Nov 2023 Intraday Analysis - ADP/FOMC DayThis is my Intraday analysis on EURUSD for 1 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Bullish Swing
Bearish INT
2.
The Swing continuation moved stopped at the 4H Supply yesterday and created a fresh Supply zone after the bearish CHoCH.
If the low that started the Swing Continuation move failed to break the Swing high then there is a high probability that it will be targeted.
Buys still the theme within this swing but the liquidity formation above the extreme demand zone is maybe the target now to continue up.
Breaking Swing Low will invalidate this Bullish structure and we will be in daily bearish continuation.
3.
4H Demand zone could hold the price to continue up but the Liq is below it so not a high probability zone.
4.
4H extreme demand is the last zone for price to mitigate if it failed at current price to continue up.
This is the last option for longs for the current bullish swing.
15m Chart Analysis
1.
Swing Bullish
Internal Bearish
2.
INT Structure turned bearish after the iBOS and this 15m Flip Zone could provide an opportunity for Shorts.
Be mindful that the 15m/4H swings are Bullish and we are expecting to target the Swing Highs. But as price turned bearish aggressively yesterday, standing aside till INT structure allign with Swing will be my approach till end of the week.
3.
15m and 4H Demand zone that can facilitate the pullback for the bearish INT Structure.
EURUSD 31 Oct 2023 Intraday Analysis This is my Intraday analysis on EURUSD for 31 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback and a CHoCH is the first sign that the Swing pullback maybe starting.
Price pulled back to almost to the swing extreme and we would expect the 4H swing low to hold and we will target the weak Swing High.
3.
4H Demand zone could hold the price to continue up but the Liq is below it so not a high probability zone.
4.
4H extreme demand is the last zone for price to mitigate if it failed at current price to continue up.
This is the last option for longs for the current bullish swing.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
After the 15m BOS, we are expecting a Swing pullback, with a bearish iBOS we confirmed the Swing High and the Swing pullback started.
We reached EQ and 4H demand for high probability bullish continuation.
Internal Structure turned bullish to conform the Swing pullback is over and we are going to continue bullish to target the weak swing high.
3.
15m and 4H Demand zone that can provide a potential continuation to the up side if it's going to hold.
#DXY Possible scenarioHello, traders. Let's take a look at the DXY chart and discuss the possible movements of this chart for the next couple of days.
As we know, the price recently broke below an important bullish channel for the first time since July 4th when this major bullish run began.
However, as you can see, it failed to break below the previous low, which has been identified as an important support level. Based on Dow theory, the bullish trend is still intact since we have not violated the most recent lower low.
So, we currently have two conflicting signals. One is bearish due to the breakdown of the long-term bullish channel, while the other is bullish because the price hasn't breached the last low.
Furthermore, following the rejection of the low, the price moved higher impulsively, suggesting that buyers are still active. This is another bullish indication. However, the formation of a descending triangle chart pattern, which is bearish in nature, provides a mixed signal.
For trading and as a personal opinion, the current price area may not be the best entry point into the market. Additionally, any upside breakout of the triangle chart pattern could potentially be a false breakout and may not be an optimal trading opportunity. However, if the price retraces lower to test the previous low and fails to break below it, we might consider taking a long position on the US dollar.
If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
EURUSD 30 Oct 2023 Intraday Analysis This is my Intraday analysis on EURUSD for 30 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback and a CHoCH is the first sign that the Swing pullback maybe starting.
Price pulled back to almost to the swing extreme and we would expect the 4H swing low to hold and we will target the weak Swing High.
3.
4H Demand zone could hold the price to continue up but the Liq is below it so not a high probability zone.
4.
4H extreme demand is the last zone for price to mitigate if it failed at current price to continue up.
This is the last option for longs for the current bullish swing.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
After the 15m BOS, we are expecting a Swing pullback, with a bearish iBOS we confirmed the Swing High and the Swing pullback started.
We reached EQ and 4H demand for high probability bullish continuation.
Internal Structure turned bullish to conform the Swing pullback is over and we are going to continue bullish to target the weak swing high.
3.
15m and 4H Demand zone that can provide a potential continuation to the up side if it's going to hold.
EURUSD 30 Oct - 3 Nov 2023 Weekly Analysis - FOMC/NFP WeekThis is my Weekly analysis on EURUSD for 30 Oct - 3 Nov 2023 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
2.
After the iBOS we expect pullback, price tapped into Liq and a demand zone which showed a nice reaction that the pullback of the internal bearish structure maybe starting but still the OF is bearish.
3.
Potential flip supply zone to continue the INT bearish structure and Swing bearish leg
But be mindful that the INT structure doesn't have IDM and the zone/CHoCH could be used as IDM and we will be in the Swing Discount.
4.
Extreme supply within the bearish INT structure with Liq below it. A potential zone located in the Swing premium for continuation down.
Daily Chart Analysis
1.
Swing Bearish
INT Bearish
2.
After BOS we expect a pullback
CHoCH will be the first sign of maybe pullback is starting, price did a CHoCH confirming INT Low formation.
OF still bearish after reaching the daily flip zone. Expectation is that we will continue the bearish OF but be mindful that the pullback will start at anytime.
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback and a CHoCH is the first sign that the Swing pullback maybe starting.
Price pulled back to almost to the swing extreme and we would expect the 4H swing low to hold and we will target the weak Swing High.
3.
4H extreme demand is the last zone for price to mitigate if it failed at current price to continue up.
This is the last option for longs for the current bullish swing.
Economic Events for the Week