SMCWolfFX

SMCWolfFX

Good morning traders. Here is my current technical forecast on GU. Price action is looking good so far on the 15m time frame and we could see a potential retracement setup from the 1.29 price area back up into 1.3. Safe trading, Aman - SMC Wolf FX

SMCWolfFX

Keeping this forecast nice and simple, on a daily perspective we've retraced down into a nice discounted 62% FIB range in line with the daily fair value gap. I'm sharing my 4h chart forecast for a 100 pip bullish potential from the current price action data provided from this pair. Analysis as per chart. -Aman

SMCWolfFX

Forecast on the next bearish leg. Annotations as per chart.

SMCWolfFX

Further bearish delivery on Gold forecast! Annotations as per chart. :)

SMCWolfFX Updated 

Illustrations on the chart. Refer back to the EURCAD morning analysis attached to this post on why this area was my point of interest for today's intraday trading.

SMCWolfFX

Illustrations on the chart. *This is not financial advice*

SMCWolfFX

Recap of a great example of the power of 3 which recently occurred within price for this currency pair.

SMCWolfFX

Illustrations on the chart. *This is not financial advice.*

SMCWolfFX

Taking into account both UK and US fundamentals, could we be seeing a bull run to resume in this currency cross pair? From a technical point of view, price has balanced in the HTF market in the form of trading down into a fair value gap, in line with a 1h OB. If LTF structure confirms this bias, we could be targeting the first set of HTF equal highs as a bullish...

SMCWolfFX

Bearish forecasts for the Pound / Dollar. Letting the chart do the explanation here. :) Happy Friday and hope we all have a nice weekend. Aman

SMCWolfFX

EJ reached a higher time frame POI today filling in a HTF fair value gap (FVG) and order block (OB). If lower time frame structure conforms, price could have the possibility to deliver to the downside into an imbalance zone of HTF FVG and OB in line with the Fibonacci golden ratio.

SMCWolfFX

Hi guys, sharing my self-explanatory 1 hour chart for Gold. In summary could have the possibility of price retracing into the 61.8% FIB golden ratio in line with a 1 hour order block.

SMCWolfFX

Sharing my daily chart for the EUR/GBP forex pair. From a technical viewpoint we could be seeing this cross pair turn bullish as we enter into the new year. Working with the previous bullish price range, price could deliver into a daily order block range (62% > 79% Discounted Price Range), from where we could potentially see price trade above the daily range...

SMCWolfFX

After the positive NFP figure from Friday, could we see some strength form in the dollar index in the upcoming week? Currently from a technical viewpoint I am expecting price to deliver to the upside and take out the liquidity pool resting above the equal highs before trading to the downside filling in price inefficiency in the form of a 1 hour liquidity void and...

SMCWolfFX

Hope you're all having a good weekend. Sharing my 1 hour technical analysis for the EURUSD where currently I am expecting price to take out buy side liquidity into a 4 hour order block before delivering price to the downside to fill in price imbalance in the form of a 1 hour liquidity void and 1 hour order block.

SMCWolfFX

Hi guys, sharing my straightforward daily analysis on Gold. From a technical view point we could see a reversal within this market from this daily order block and have the possibility to trade below the triple bottom market maker trap where I see a pool of liquidity residing. This weakness is based on the expectation of a stronger USD due to forecasts of further...

SMCWolfFX

Hi guys - sharing my 1H chart analysis for EUR/GBP. Keeping it simple, I expect price to break below this trend line liquidity which has been created and deliver price into the 1h order block as a initial bearish objective. Also considering the fact that we're still net short on this pair according to the commercials data from the Commitment of Traders report.

SMCWolfFX

The CPI data released today at 7.7% YoY vs a consensus of 8% has allowed the index to deliver to the downside to a 4h POI zone in the form of an order block below market imbalance. Considering other market factors there could be a portability for bullish price delivery.