Temporary selling pressure is unfolding, but a powerful bullish reversal zone is on the horizon! Don’t miss this key USD cycle setup The US Dollar Index (DXY) is currently breaking down for a temporary selling phase, approaching a high-probability demand zone between 96.40–98.00. According to the Smart Money Concept, institutional players are clearing liquidity...
For Traders (technical + confident) DXY bulls gearing up for a double-leg rally” 1. Context & Market Structure: After a sharp impulsive drop (green falling wedge), DXY has begun corrective accumulation in an ascending channel. Current price 99.531 is consolidating inside a broadening bullish flag pattern. Key Zones: Major supply zone: 100.500 –...
Current Price Structure: Price is forming a potential Head & Shoulders / distribution near resistance (blue + red zone). There is a clear supply zone overhead around 1.14255–1.14496. Key demand zone (yellow box) 1.12274–1.11800. 3. Potential Trade Ideas (2 setups): First short from the current resistance (blue box), aiming towards yellow demand...
Pair: EUR/USD Timeframe: 4 Hour Current Price: 1.13596 Key Concept Highlighted: “This is where money is made — in the retrace, not the rally.” (Focus is on catching retracements, not chasing rallies) --- Technical Breakdown 1. Wave Count (Elliott Wave context assumed) The chart labels wave iii as complete. A corrective move is underway (likely forming...
Five-wave impulsive structure is complete. Price rejected strongly in the red supply zone. Correction phase (ABC) now unfolding. Key Levels: Wave A Support Zone: 1.3285 Wave C Target Zone: 1.2880 Expect a corrective pullback before potential bullish continuation. Stay patient — corrections offer new opportunities! #GBPUSD #ElliottWave #ForexAnalysis...
After a clean falling wedge formation, DXY is showing early signs of bullish momentum. Price action respects the trendline support + bullish orderblock (green zone) beautifully! Next targets: 101.000 — 103.000 zone. Watch for pullback entries before continuation. This is textbook falling wedge breakout behavior — stay sharp! Levels Marked: Support: 99.00...
Price action (falling wedge breakout) Institutional concept (BOS – Break of Structure, 78.6% Fibonacci retracement entry zone) Liquidity zones (4H LQ and key levels marked in green) Higher targets (institutional supply zones highlighted in cream boxes around 104-107)
Forecasted Move: First, a bullish breakout towards the upper blue levels (around 1.14000–1.14193). After hitting resistance, a sharp drop is expected. Pullback (small retracement) near the green trendline. Then, a bigger bearish move targeting the lower yellow demand zone around 1.11600–1.12225. Key Levels Marked: Resistance: 1.14000 – 1.14255 Support:...
Key Insights: Potential short-term bearish retracement incoming (Wave 5) Long-term bull trend remains , Wave (4) zone occurs. Ideal spot for smart traders to prepare setups using Elliott + supply/demand confluence.
Structure Overview Wave Count: You’ve marked the end of wave (5), indicating a potential trend reversal or correction. Bearish Setup: Price rejected the orange supply zone post wave (5), suggesting bearish pressure. Entry appears to be near the top of the small pullback into that zone. Target is set near the larger demand zone around 1.12274. Right-Side...
EUR/USD approaching potential reversal zone. Watching for confirmation to short from the top of wave C. Target: previous support. #elliottwave #forextrading #eurusd” Key Takeaways from the Chart: 1. Current Zone (C Wave): Price is entering the key resistance/supply zone. C wave completion is expected here (likely the end of the correction). 2. Bearish...
“USDCAD Bulls Beware: The Wave C Trap Is Setting In!” Price just completed an (A)-(B)-(C) correction, but this isn't your reversal zone yet. Watch the 1.36639 level closely—Elliott Wave suggests one more leg down before the real reversal. Will you catch the bottom or fall for the fake-out? #USDCAD #ElliottWave #ForexForecast #Forex #WaveAnalysis #ForexStrategy
Elliott wave+ SMC concept analysis Summary for Everyone: GBP/USD is going up right now. Target zone: 1.55–1.60 Then a big drop is possible
Idea in Simple Terms: Bias: Bearish. Current Position: Wave B or early C. Action Plan: Look for sell setups in the minor resistance zones. Final Target: 92.00–94.00 area . “Key Idea” Illustration: This shows a simplified roadmap: DXY is expected to rally slightly into the minor resistance. Then, a sharp drop toward the blue demand zone, respecting the ABC...
Strategy Recommendation Wait for: Rejection or bullish reversal pattern in Buy Zone. CHoCH or BOS in LTF (1H/4H). Target: 1.1600–1.2000 supply zone (wave v completion). Risk Management: Below the But Zone or trendline break.
SMC Insight Supply Zone Marked: Between 1.1500 – 1.2000. Price is heading toward the supply zone. On the right visual, schematic shows: Liquidity build-up below equal highs. Possible liquidity grab just above the supply zone. Expect reaction or reversal around that supply. --- Trade Bias Short-term: Bullish (momentum and structure are up). Long-term:...
EUR/USD is approaching the final leg of its corrective A-B-C structure. With wave (C) targeting the 1.15–1.18 supply zone, a major reversal setup is brewing. Wave (A)-(B)-(C) correction structure in play Current bullish momentum likely completing wave (C) Watch for potential 50% and 78% Fibonacci retracement zones for next sell setups Embedded Wyckoff...
” The GBP/USD weekly chart is unfolding beautifully under Elliott Wave theory. After completing wave (iv), price is charging upward in wave (v) toward the final resistance zone around 1.38–1.42. This impulsive structure is playing out textbook-style: Wave 1–2–3–4–5 mapped clearly Recent breakout confirms bullish strength Wave (v) target aligned with historical...