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SMC

Bearish move coming up for XAUUSD?Daily timeframe: Price is currently trading around 2689, with price action hovering around our HTF OTE zone (2685-2696.4). H4 Timeframe: Price is currently trading within our H4 ascending channel and has met with our H4 SnR zone + at the resistance trend line. I would expect a minor push up before a nice breakout sell soon, this is also supported with DXY’s price actions as I would expect DXY to retrace a little to an area of discount before pushing up higher. Furthermore, fundamental news thus far puts the US Market in a good condition for more growth, and hence, putting technical and fundamental analysis together, I would expect a correction for XAUUSD in the following days/weeks. Stay tuned!
OANDA:XAUUSDShort
by joashpty
Bearish move coming up for XAUUSD?Daily timeframe: Price is currently trading around 2689, with price action hovering around our HTF OTE zone (2685-2696.4). H4 Timeframe: Price is currently trading within our H4 ascending channel and has met with our H4 SnR zone + at the resistance trend line. I would expect a minor push up before a nice breakout sell soon, this is also supported with DXY’s price actions as I would expect DXY to retrace a little to an area of discount before pushing up higher. Furthermore, fundamental news thus far puts the US Market in a good condition for more growth, and hence, putting technical and fundamental analysis together, I would expect a correction for XAUUSD in the following days/weeks. Stay tuned!
OANDA:XAUUSDShort
by joashpty
Dominate Gold the 15-Min Chart with SMC, Breakouts,Sharp Entry'sIntroduction In the fast-paced world of forex trading, understanding institutional moves is crucial. The 15-minute timeframe provides the perfect balance between actionable signals and structural clarity. By combining Smart Money Concepts (SMC), Change of Character (CHoCH), and Breakouts, you can build a robust strategy to identify high-probability trades with minimal risk. Why Focus on the 15-Minute Timeframe? Clarity in Price Action: Reveals institutional footprints like liquidity sweeps and order blocks. Less noise compared to lower timeframes (1-5 minutes). Faster Setups: Quick entry/exit compared to swing trading on higher timeframes. Perfect for traders who prefer multiple opportunities within a day. Scalability: Can be used for scalping or short-term intraday trading. Key SMC Concepts Explained 1. Change of Character (CHoCH) CHoCH is one of the most reliable indicators of a trend reversal. What is CHoCH? A shift from a bullish structure (higher highs and higher lows) to a bearish one (lower highs and lower lows) or vice versa. Indicates a potential reversal or start of a new trend. How to Identify CHoCH? Look for a liquidity sweep (stop-hunt) near significant highs or lows. Wait for the market to break the most recent structural high/low (depending on the direction). Confirm a new trend by observing a strong impulsive move. 2. Liquidity Zones Liquidity is where institutions execute their large orders. These areas act as magnets for price action. Common Liquidity Areas: Double Tops and Double Bottoms: Retail traders’ stop-loss zones. Trendline Liquidity: Stops placed along support or resistance trendlines. Session Highs/Lows: Focus on the Asian session’s range for liquidity traps. 3. Order Blocks (OBs) Order blocks represent areas where institutions place large orders before a significant move. How to Use OBs for Entries: Identify untested OBs near a liquidity zone. Wait for price to return and mitigate (test) the OB. Use CHoCH or a breakout confirmation for precise entries. 4. Breakouts Breakouts often occur after a liquidity sweep and signal continuation. However, combining breakouts with CHoCH gives them much higher reliability. Key Breakout Tip: A breakout should follow a liquidity grab and lead to a CHoCH for confirmation. Step-by-Step Strategy: Combining SMC, CHoCH, and Breakouts Analyze the Higher Timeframe: Use the 4-hour timeframe to identify the primary trend (bullish or bearish). Identify Liquidity Zones: Highlight key areas where liquidity may be resting (double tops/bottoms, Asian session highs/lows). Wait for a Liquidity Sweep: Watch for price to grab liquidity above/below these zones. Look for CHoCH: Bullish CHoCH: Price breaks a lower high (LH) after sweeping liquidity below a low. Bearish CHoCH: Price breaks a higher low (HL) after sweeping liquidity above a high. Confirm with a Breakout: Wait for price to break a significant level with momentum after CHoCH. Mark the Order Block (OB): Identify the last bullish/bearish candle before the impulsive move. Enter the Trade: Place a limit order at the OB. Stop Loss: Just beyond the OB. Take Profit: Nearest liquidity zone or a 3:1 risk-to-reward target. Example Trade Setup: Bullish Reversal Scenario: 4-hour trend is bullish, but the 15-minute chart is showing a pullback. Steps: Price sweeps liquidity below a double bottom. A CHoCH occurs as price breaks a recent lower high (LH). A 15-minute bullish OB forms near the breakout level. Entry is placed at the OB. TP targets the next double top or a key resistance level. Annotated Chart: (Include a chart with the liquidity sweep, CHoCH, breakout, OB, and TP levels clearly marked.) Pro Tips for 15-Minute SMC Trading Patience is Everything: Wait for liquidity sweeps and CHoCH before entering. Higher Timeframe Bias: Ensure your trades align with the 4-hour or daily trend. Use Volume Indicators: Spot strong breakouts with increased volume. Refine Entry Timing: Use the 5-minute timeframe for precise entries within the 15-minute OB. Journal Your Trades: Record setups to refine your understanding of CHoCH and SMC. Common Mistakes to Avoid Ignoring Liquidity Sweeps: Jumping into trades before a proper liquidity grab often leads to losses. Rushing into Breakouts: Many breakouts fail without CHoCH or a clear liquidity sweep. Neglecting Risk Management: Always set stops and respect your risk limits. Why This Strategy Works This approach combines: The precision of the 15-minute chart. Institutional trading mechanics (SMC and OBs). Clear reversal signals (CHoCH). The momentum of breakouts after liquidity grabs. Together, they create a strategy that aligns your trades with smart money while minimizing false signals. Conclusion The 15-minute timeframe offers a unique opportunity to blend precision and profitability. By mastering CHoCH, liquidity sweeps, and breakouts, you can elevate your trading game and consistently capture high-probability setups. If you enjoyed this guide, give it a like, share it with your trading community, and follow me for more insights!
TVC:GOLDEducation
by GentleGoldenEngine
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