Smcanalysis
NQ Open Levels for SMCHere we are at open 925 is lingering above.. we need to hit it but we opened in a premium and the mid point gap sits around 730 so we may well make that swing first and get footing for the move up today or tomorrow.
Other noted levels for SMC are here for your consumption..
Letting first 20 minutes shake out.. i like to be in and out or trailing by 10:30
Happy Trading -- Doc
XAUUSD: Next target $2600, Swing Buy OnlyOANDA:XAUUSD
Our last few trade setups have invalided on gold as price dropped further than what we had expected initially in our chart, however, our bias remain the same. We still think that price will grow or rise further. And there is high possibility of price reaching 2600$ region if the news support our idea on Friday Until then we wish you all the best and good luck in trading.
EURUSD Swing ideaTaking into consideration that DXY index is bearish fundamentally and technically, And since EURUSD is heavily correlated with DXY inversely which means we are bullish on Euro.
Technically :
Euro was in correction for the last week or so, But this changed yesterday and extra confirmations landed today on the charts and fundamentally.
We touched the weekly FVG and changed the trend direction after that leaving FVG in the discount zone and it present an ideal area to go long targeting old highs at least.
Now expecting the price to correct toward the entry zone to take off again.
I will update here once we reach entry to look for more confirmations in lower time frames.
MATIC Coin Market Structure Analysis on 4-Hour TimeframeDay swing is bearish
4H swing is bullish => Current is pullback
Current price is at the same demand level of 4 hour time frame. so can look for buying opportunities in this area
BTCUSD H1Recent analysis suggests that Bitcoin is showing strong bullish signals at the moment. With increasing investor demand and declining volatility, the market seems to be preparing itself for new highs. As institutions move towards cryptocurrencies, Bitcoin could see a buying spree that supports the upside. Technical analysis supports this trend, as Bitcoin has broken key resistance levels. Traders should watch this move carefully to capitalize on the opportunities available.
XAUUSD structure analysis on 4 hour and 15 minute timeframes- 4H swing is bullish => Current is pullback.
- 15M swing is bearish => Current is pullback.
- We can look for a sell opportunity down to the Demand zone of the 4-hour timeframe. when the price rises back to the Supply zone of the 15-minute timeframe and on the 1-minute timeframe gives a bearish CHOCH reversal signal
EURUSD wave structure analysis on daily and 4 hour timeframes- 4H swing is bullish.
- Day swing is bearish but the internal is bullish
- The current price is in the Supply zone of the daily time frame, so there is a high possibility that the price will have a downward wave. We can look for an opportunity to sell down to the Demand zone of the 4H time frame.
XAUUSD wave structure analysis on 4H & M15 timeframe- 4H swing is bullish.
- M15 swing is bullish.
- After the BOS signal, there will be a pullback wave.
- We can follow the wave structure of the 5-minute time frame to look for opportunities to sell down to the Demand zone.
- Look for a buying opportunity when the price returns to the Demand Zone