EUR/USD 13th April - top downDaily top - down analysis of price action on EURUSD for 13th April 2023
Intention of this video is to focus on my analysis, express my thoughts out load and get myself out of my comfort zone.
I hope no one sees this recording and I can peacefully improve in my analysis and trading.
I trade SMC concepts on EURUSD only.
Smcconcepts
Possible GBPJPY Short Levels -4HGBPJPY is showing possible bearish sentiment with recent price action. Price has reached HTF supply zones and is reacting bearish. Price is also making lower highs and lower lows on the LTF. There is a possibility that price may go fill the imbalances before making the real bearish move. This is just an analysis, Trade at your own risk. Watch for the bank manipulation before heading in it’s true direction.
USDCHF Intra-day Technical analysisMy Idea on USDCHF for pre market open is, I expect a little bit of protraction down , in to a fair value Gap, before it Rally's in to a BEARISH Order block , the I expect a pull back , and another impulse Bullish strength, to breaking the Order block, and hit the extreme Order block.
NAS100$NAS100USD After looking at QQQ and it breaking through the "Gap Fill" to the upside and the DXY being weak i'm looking for NAS100 to also continue to move to the upside.
My bias is long.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
EUR/USD ShortIn the recent drop we can clearly see an OrderBlock form with plenty of Imbalance which price is currently pushing up to fill,
The reason this candle sticks out to me as an OB is because it's the last candle up which is swiping buyside liquidity before a huge drop,
The purple box in the OB represents a slight bit of imbalance which lines up nicely with 50% of the candle,
What I'll be looking for around this area?
Personally for me to enter this trade I would like to see a clear CHoCH on lower time frames with a nice pull back to fill any imbalance created by the CHoCH
I will be watching price as it reaches this level and will not be setting a sell limit, and will only enter the trade if it meets my confirmations
My Take Profit levels will be previous lows and any imbalance left by the market
CHoCH = Change of character
OB = Order block
Please remember this is a trade idea and my personal view on the market, Please do your own analysis before entering and use correct risk management, no more than you can afford to lose.
Enter at your own risk
This is my first post so let me know how i did and anything else you'd like to see
Thanks :)
NAS100$NAS100USD/QQQ are relatively the same pair and since that's the case i'm basing my bias off of the movement of the DXY which was bullish and is now becoming bearish.
When one goes up the other goes down and vice-versa.
I'm looking for NAS100 to move to the upside.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
Gold is bullish in daily, 4h and 15mFOREXCOM:XAUUSD
EIGHTCAP:XAUUSD
as it's visible in the charts, swing structure is strongly bullish.
I see 3 probable paths for the price... we expect price to form a pullback after BOS... so then it could mitigate the 4h demands in the discounted price.
after mitigating those demands, we could watch the price and look for lower time frame change of character as a sing of confirmation to buy. :)