AUDUSD Bullish OutlookFollowing Friday's COT, the aussie has strong bullish bias by the commercials and we can also see a weak dollar from the same release. What we want to see is price retrace to the 4H order block on Monday and then we get the week's low followed by a bullish push to last week's high as take profit.
OB
XAUUSD Shorts I'm planning on shorting gold from this OB which was the source of the huge move down on the 5th of January. Got 1% risk on separated into two individual entries of .5% The levels marked are the open of the OB and a refined level within the OB which price could push up into for LQ and then reject off of. Time will tell!
GBP/USD Sell AnalysisMy previous Sell position charted up for cable played out perfectly and price reacted from the OB where the TP was placed (1.35325) Now price is pushing back up to fill the un-mitigated areas from the push down. I've identified an order block and refined it on the 1M timeframe. This is where my intended entry is going to be. The target is the new OB created at the bottom of the current range we're in and I've placed the SL just above the previous high of this range. POC is currently above price and we're in a period of consolidation currently.
XAU/USD LongI'm seeing a very bullish move on gold coming. We've had a stop hunt / LQ grab for this push down with a fake-out break of structure to the downside. The entry is the gold low from December 22nd. and the target is the 70.5% retracement of the push down.
The current POC of gold and overall volume control is at the 1823 range so this would favor a push to the upside also to grab liquidity for the next move.
BTCUSDTPERP - 4H - SMC | Wyckoff AnalysisBTC grabbed liquidity on the higher timeframe (51900 area) before having a big accumulation on the 4H timeframe. This accumulation formed in a support area where I am looking for a good "spring"
for a much beautiful and better Wyckoff Accumulation, although it is materializing now, It's whole alot better if it grabs liquidity on the strong support. Hence, My overall bias is Bullish, I will be looking for Longs.
GBP Expecting Lower PricesThis is the Daily Timeframe.
KEEP IN MIND: This analysis is solely based upon Institutional Structure, nothing else.
When an impulse takes out a previous low, it creates a Break of Market Structure (BMS), showing signs of weakness. When a previous low has been violated, the swing high that was formed prior to the violation of the low turns into a Protected High (PH). This means that we expect the market to sustain bearishly and stay BELOW the Protected High.
GBP has kept breaking lows and creating new PH's whom none of them have yet been violated to the upside.
I expect GBP to keep moving lower. I am only bearish until we break a newly created PH to the UPSIDE , as this means that we might move higher. But as long as GBP keeps doing these moves we can expect GBP to weaken in the long run.
The Weekly timeframe is doing the exact same thing, and I expect GBP's price to go lower for the next months UNTIL we break a PH to the upside, showing signs of strength.
EURNZD Sniper Entry I took this trade on the 18 of November but never publish it on Tradingview.
Price was accumulating on my red zone with a Wyckoff pattern, and I took the entry on when the Spring phase took place, ready to take stoplosses on the market.
Price reacted really good on my zone and I took the entry on lower tieme frames.
PERFECT SNIPER ENTRY 🎯
For the record.
EURJPY Bullish swingEURJPY has been in a bearish correction as we can see on the WEEKLY time frame, breaking the the previous LL, where liquidity was located.
Price is close getting closer to our POI (Point of Interest) 126.300 where is the bullish institutional candle that concord with the weekly HL support zone.
If the bullish rally take place I would look to take Profit on TP1_136.700 or TP2_132.00
Potential Shark Forming 🦈🦈USOIL - Looking to go long today, price right now is in a trap zone (Buying at current level is risky) Unless you want to use a larger SL.
I want to see a false move to the downside tapping the WL (Or getting close) before buying in (For the perfect scenario)
It's a very nice PRZ with lots of confluence, we also have bullish PA on the HTF/trapped liquidity above.
Will be USOIL for buys at the 66.70 level!
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
First 🦀 Complete, Now For the Second! US30 - First Daily crab complete with nice rejection (HTF PA very similar to OIL) now I'm expecting price to drop and finish the next.
The D point lands in a very nice PRZ.
I've take US30 Short now based on LTF PA, I believe price will drop further before a pullback, then drop to the D point!
Let me know your thoughts!
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Second 🦀 Almost Complete! USOIL - First Daily crab complete with nice rejection now I'm expecting price to drop and finish the next, the D point lands in a very nice PRZ.
I'm currently taking a LTF scalp long based on PA to cover potential imbalances before the price breaks the low and completes the crab.
Let me know your thoughts?
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Weekly outlook for Major Forex Pairs Hi there!
This is my own view on for the upcoming week for most of the major pairs.
DXY looks bearish, so im looking to short USD and bullish on other pairs.
---Disclaimer---
I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All information here should be independently verified, researched and confirmed.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
EUR JPY (UPDATE)the 1st OB didn't have a strong reaction to the market. There were 2 OB that I've spotted in the last 2 weeks or so. currently there is a strong rejection in price on this OB. Let's see how this may carry out till next week.
Note: I'm not a signal provider/ advisor, if you do have any idea based on SMC please feel free to drop down a comment.