USDNOK - Sell Opportunity After Support BreakOANDA:USDNOK recently broke through a significant support level, creating an opportunity for further bearish movement. The market is now retesting this level. A rejection off this area could push the price lower toward the 11.08069 level, confirming the breakout's strength. Conversely, a failure to hold resistance could indicate a continuation of the bullish trend.
Traders should look for bearish confirmation signals, such as bearish engulfing candles or increasing sell volume, before entering short positions.
What's your opinion on this potential short trade? Feel free to share below!
SMC
AUDCHF - Buy Opportunity After Resistance BreakOANDA:AUDCHF has broken above a significant resistance level, indicating bullish momentum. The price is retesting this broken resistance as support, providing a potential buying opportunity. If the support holds, I expect a move upward toward 0.57450, reinforcing the bullish trend. However, if the support fails, it could lead to further bearish momentum.
Traders should watch for bullish confirmation signals, such as bullish engulfing candles or long bullish wicks, before entering trades.
Do you see this playing out similarly? Let’s discuss in the comments below!
EOS at Key Support Level - Bullish Bounce ExpectedCOINBASE:EOSUSD has reached a significant support area that has previously attracted buying interest, resulting in bullish bounces. If the support level holds and a bullish confirmation emerges, I anticipate a move toward the 0.8641 level. However, if the support is broken, the bullish outlook will be invalidated, opening the door for further bearish momentum.
Traders should wait for clear confirmation of buyer strength before opening any trades. If this analysis resonates with you or you have a different perspective, feel free to discuss in the comments!
EURUSD 24 Jan 2025 W4- Intraday Analysis - EU & US PMIThis is my Intraday analysis on EURUSD for 24 Jan 2025 W4 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
Nothing much changed in sentiment since Tramp inauguration, yesterday Trump ease the tone on tariffs which gave optimism in the market (Risk Off) and weakened the dollar across the board.
Dovish ECB Policy Expectations: Traders are anticipating a 25 basis point rate cut at each of the next four ECB policy meetings.
Economic Concerns: Subdued inflationary pressures and concerns over the Eurozone's economic outlook.
US Dollar Strength: Dollar appreciates following news that President Trump intends to review tariff policies.
4H Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish
🔹Swing Continuation after BOS
2️⃣
🔹As expected, price created a bullish BOS as per the Daily/Weekly requirement for a pullback.
🔹Price didn’t mitigate any supply after the BOS so there is a high probability that we will continue up till we reach the 4H or Daily supply to initiate a BOS pullback phase (Can’t be ruled, we always have the expectation that a pullback will start at any time after any break of structure).
🔹Price mitigated the 4H demand within the 4H bullish INT structure and currently targeting the 4H Weak INT high.
3️⃣
🔹My expectations is set for price to continue bullish till we mitigate a 4H/Daily supply.
🔹Will be following the LTF to follow the expectation of bullish continuation while putting in consideration the probability of a bearish move for the bullish BOS pullback phase that can start anytime.
15m Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish / ii Structure Bullish
🔹Swing Continuation
2️⃣
🔹After the Bullish BOS, price still holding bullish respecting the Bullish INT Structure.
🔹INT Structure Strong low liquidity swept and price mitigated the 4H demand zone to continue bullish.
🔹** 15m Swing is currently the 4H swing and I started mapping the ii Structure until I can reset my 15m Swing with a bigger price range.
3️⃣
🔹Currently ii Structure is bullish and we are in continuation phase to target the Weak INT High.
🔹Expectations is that price to continue bullish and to mitigate the 4H/Daily Supply zone to maybe initiate a pullback phase.
NZD-USD Bullish Breakout! Buy!
Hello,Traders!
NZD-USD was trading
Beneath the falling resistance
Line but now we are seeing a
Bullish breakout so we are
Now locally bullish biased
And we will be expecting a
Further bullish move up
Buy!
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BITCOIN Will Go UP! Buy!
Hello,Traders!
BITCOIN is trading in an
Uptrend and the coin was
Consolidating above the
Horizontal support level
Of 101.340 but now we
Are seeing a bullish rebound
From the support so we
Will be expecting a
Bullish continuation
Buy!
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AUD-JPY Bullish Bias! Buy!
Hello,Traders!
AUD-JPY is trading in a
Local uptrend and the
Pair made a retest of the
Horizontal support of 97.830
And we are already seeing
A bullish rebound so we
Will be expecting a further
Bullish move up
Buy!
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SILVER at Key Resistance Zone – Potential Correction Ahead?OANDA:XAGUSD is at a significant resistance zone. This level that has previously served as strong resistance. Price action within this zone suggests the possibility of a reversal if sellers regain control. The market structure points to potential trend exhaustion, with buyers losing momentum as the pair moves closer to this resistance area.
If the price confirms a rejection from this zone, signaled by bearish candlestick patterns (e.g., bearish engulfing or long wicks), I anticipate a downward move toward the 30.44094 level. This target is realistic level for a potential correction.
AUDCHF at Key Resistance: Bearish Bounce ExpectedOANDA:AUDCHF reached a significant resistance zone marked by previous price rejections and strong seller activity. The current market structure suggests the potential for a bearish bounce at this level if sellers regain control.
I anticipate that if the price confirms a rejection from this resistance zone, the market may move downward toward the 0.56595 support level.
If you have any additional insights or agree with this analysis, feel free to share your thoughts in the comments!"
EURUSD 23 Jan 2025 W4- Intraday Analysis - US Jobless ClaimsThis is my Intraday analysis on EURUSD for 23 Jan 2025 W4 based on Smart Money Concept (SMC) which includes the following:
Market Sentiment
4H Chart Analysis
15m Chart Analysis
Market Sentiment
Nothing much changed in sentiment since Tramp inauguration
Dovish ECB Policy Expectations: Traders are anticipating a 25 basis point rate cut at each of the next four ECB policy meetings.
Economic Concerns: Subdued inflationary pressures and concerns over the Eurozone's economic outlook.
US Dollar Strength: Dollar appreciates following news that President Trump intends to review tariff policies.
4H Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish
🔹Swing Continuation after BOS
2️⃣
🔹As expected, price created a bullish BOS as per the Daily/Weekly requirement for a pullback.
🔹Price didn’t mitigate any supply after the BOS so there is a high probability that we will continue up till we reach the 4H or Daily supply to initiate a BOS pullback phase (Can’t be ruled, we always have the expectation that a pullback will start at any time after any break of structure).
🔹Currently price is within a 4H FLIP zone that caused the BOS. Which could keep price bullish to target the weak INT high.
3️⃣
🔹My expectations is set for price to continue bullish till we mitigate a 4H/Daily supply.
🔹Will be following the LTF to follow the expectation of bullish continuation while putting in consideration the probability of a bearish move for the bullish BOS pullback phase that can start anytime.
15m Chart Analysis
1️⃣
🔹Swing Bullish
🔹INT Bullish
🔹Swing Continuation
2️⃣
🔹Price created a bullish BOS. After a BOS we expect a pullback phase.
🔹We didn’t mitigate any supply zone to initiate the Swing Pullback Phase yet so we could continue bullish.
🔹Price is currently within the 4H FLIP zone and at the INT Structure extreme.
🔹The last defined demand zone within the INT structure failed and there is a probability that the INT structure could turn bearish to fulfill the BOS requirement for a Pullback Phase.
3️⃣
🔹Expectations is still bullish until we have a confirmed bearish iBOS to initiate the Pullback Phase.
🔹Longs: As the demand failed, I’ll be waiting for a shift in the OF to bullish and demand to start holding to target the Weak INT High.
🔹Shorts: Will be waiting for bearish iBOS for pullback phase.
USDCHF Breaks Ascending Channel – Bearish Move ExpectedThe USDCHF pair has broken below an ascending channel, signaling a shift in momentum. If the price will retest the zone at 0.91200, which previously served as channel support, this area may now act as resistance, aligning with a potential bearish continuation.
The market structure suggests further downside if the rejection holds at the current levels. I anticipate that the price will move downward toward the 0.90276 level, which represents a logical target for this setup.
This setup aligns with the idea of a trend reversal after a channel break, offering a shorting opportunity on rejection from resistance.
NASDAQ 100 Rebounding Within Ascending ChannelThe NAS100 is trading within an ascending channel and has recently rebounded from the lower boundary of the channel. The current structure suggests a potential move toward the $21,679.7 level, which aligns with a key resistance area near the midline of the channel.
If the price maintains momentum, this setup aligns with the idea of a trend continuation within the channel.
GBPJPY at Support – Bullish Bounce ExpectedGBPJPY is trading within a key demand zone, marked by historical price reactions and strong buying pressure.
The recent bearish momentum has brought the price into this critical support zone. Given the strength of this demand area, there is a high probability of a bullish rebound if price action confirms rejection (e.g., bullish engulfing candles or long lower wicks signaling buying interest).
I anticipate a bullish move toward the 192.66 level, which represents a logical target for this setup. This setup aligns with the expectation of a short-term recovery within the broader market context.