Not a financial advice. This is simply what move I'm expecting in the coming week.
So our short was stopped however we still have a long zone below which we is on our radar. If price breaks into the empty space below and starts to reverse we have 2 short zones highlighted in red we expect price to reject off to continue down into our long zone to then make way to our 🧲 zone. At this moment in time we remain flexible in our analysis. If our...
We are long on NAS and we expect price to reverse here and make ways towards our target!
Price invalidated our short zone with a breakout but has now broken back down. We are still expecting the following to happen, just waiting for the market to play out.
A meaningful setup for a good RR ratio, I'll be definitely patiently wait for the market to give me it's signal, we don't trade what we think or feel, we trade what we see with our naked eyes. Please do tell me what you think in the comments section.
Occasionally we will post some crypto analysis if there is a lot of interest in the currency. XRP is a very popular one so we decided to analyse it. Most cryptos are now reversing from a long term down trend. XRP is no different, we don't tend to short crypto but use these points as targets to take profit from our longs as you can see by the potential short...
Ethereum respected our long zone and now is tapping our short zone. We don't usually tend to short Cryptocurrency but we like to be aware of where price can potentially reverse and take profits from our longs. This is our analysis.
This is our forecast for BTC/USD we believe it may come back into our long zone once more before really taking off. If our short zone fails then we would expect price to drop to $18,500 lowest before rallying again.
We are bearish on oil as price has broken bullish structure. We are looking for short term intraday opportunities down to our long zone before switching bias bullish again. However if we break above our short zone then our bearish bias is void.
As we have been in a long term down trend for the last couple months we are long term bearish on OANDA:GBPUSD . Expecting price to drop to our magnet zone. Price already respected out Short Zone however we anticipate a second test deeper into our zone before dropping with momentum. If not we will look to take intraday trades down into our long zone which we do...
As we have been in a long term down trend for the last couple months we are long term bearish on EURUSD . Expecting price to drop to our magnet zone. It seems price is retracing so we are short term bullish until price reaches short zone 1 where we will be looking to short. If price does not respect zone 1 then we will look to short from zone 2. However we are...
Break of structure coming back to retest an order block. 17 pips risk. 268 pips reward. #smart_money_concepts
OANDA:USDJPY has been trending up for a while. However, right now it is retracing. We have 2 long zones. We expect our first zone to hold however if it doesn't we will look for intraday short opportunities to take to our second long zone and hold to our magnet zone.
We're looking for high probable trades on our Area of interest (AOI). The price can simply sell to buy, then collect liquidity and shoot down from our AOI, That's where we are looking for our shorts. This is not a signal but a forecast, apply risk management, and manage your your trade when in profit, don't close until we reach our next purple demand zone. Be...
Using my 3 rules of SMC I looks at the higher timeframe and I see a Clear down trend. So my bias is a sell. Secondly I look at for areas of supply and demand and I see a supply zone which has already been tested so I looks out for points of re-entry. To re-enter I check on the 4 hour tf and saw an order block which had broken structure, has momentum and volume...
According to smart money rules and market structure - We have a break in market structure which formed a very obvious engulfing orderblock (Supply), followed by multiple spikes up to form a pool of liquidity which I suspect will be taken out very soon to enter the orderblock and short from there. This is so obvious, its funny. If it doesnt work out, oh well.
This is a good buy opportunity for Ripple. After price made an impulsive move, it is now correcting slowly and also created a double bottom showing signs of resuming the trend. I expect price to tap into the demand zone below the series of lows and continue bullish.
On Nov 21st we were looking at a push down into the 45k range and price did push lower to 40k. Current Price action is sitting at 47.4k at the time of this video for almost a 20% correction back to the upside after the fall. This Selloff was healthy in my opinion and sets up a perfect weak hands sell opportunity and a strong buy opportunity for institutional...