Smcconcepts
XAUUSD: Is Bull Run Over? Dear Traders,
Hope you are doing great, our last trading idea on Gold turned out to be successful, now there is huge potential of selling Gold for quick 300-400 pips move. There are two area where we can sell big, the first one is currently, and second zone is rejection at 2060-67 area.
Stop loss can be placed around 2057 for first entry and for the second entry place stop loss around 2075. Take profit will be at the identified area.
Good Luck and Trade Safe.
XAUUSD: Imbalance filled, What next?$1990 area had to be filled, we previously had identified this 'imbalance level' and have been waiting for price to fill the area so that we can have a clear view. Since price have filled the area. Now we can see price going towards 2020 and then 2050 only if DXY remain week and other economic data support Gold to rise. In other case, price can drop to 1900$ and rebound from there. We will have to wait and see how prices behave.
Good luck and trade safe!
EURJPY: Possible Swing Selling Opportunity!Dear traders,
EURJPY recently has been overbought, and price is currently at the crucial level. There are two possible swing entries which can be utilised properly. JPY plummet to lowest, making it one of the worst performing currency on currencies index. Take sell entry with accurate risk management, no more than 80 pips in stop loss. If first entry fails, take second entry. We are now focusing on both of these area for swing selling. 400 to 800 pips in take profit.
Good Luck.
Long setup: Day Trading Strategy for EURUSD📈💰 Day Trading Strategy for EURUSD 💱
🔥 ICT Long Setup 🔥
Today, let's dive into an exciting day trading strategy for EURUSD! 🚀💹
Here are the key levels and setups to watch out for: 📊📈
⬆️ Buy Limit Levels:
🎯 1.0803
🎯 1.0797
🎯 1.0730
🎯 Take Profits:
TP1: 1.0816
TP2: 1.0824
🔑 Key Level - Resistance:
💪 1.0818
🔑 Key Level - Support:
🛡️ 1.0803
❌ Stop Loss:
🛑 1.0780
💡 Trading Insights:
The ICT Long Setup on EURUSD presents an opportunity for potential gains. The buy limit levels of 1.0803, 1.0797, and 1.0730 serve as entry points to enter the market. By setting take profit levels at 1.0816 and 1.0824, we aim to secure profits if the trade goes in our favor.
However, it's important to keep an eye on the key level of resistance at 1.0818, as it may act as a hurdle. On the downside, the key support level at 1.0803 provides a safety net.
To manage risk, it's crucial to set a stop loss at 1.0780, ensuring that potential losses are controlled.
Remember, always analyze the market carefully and adapt your strategy to changing conditions. Happy trading! 💪💹📈
#EURUSD #DayTrading #ICTStrategy #ForexTrading 🌍💱
GOLD: $1983 is possible next target | what do you all think?OANDA:XAUUSD Price rejected at 2064$ key level, and in our previous chart we had identified the same key level from which price could reject. Now the after effect of the NFP data price rose sharply as DXY plummeted. Expecting DXY to be bullish we think price of GOLD will start ranging from $2040 to $1980 next week. Our entry can become valid once market settle down in Asian Session. Then target in London Session if price show bearish sign take entry and set take profit at 2020$ first and 2000$ second and final entry should be at 1990$
Good Luck and Trade Safe.
GBPJPY wave structure at 4H, 15M timeframeDay is uptrend => current is correction
4H is uptrend => current is correction
15M is dowtrend
Current price is in the demand zone of the 4H, Daily time frame.
There is a high possibility that the price will increase again.
To confirm the price increase again, we wait for the price to surpass the strong swing top of the 15M time frame
EURUSD: Upcoming big swing selling opportunity!Dear Traders,
As we have news today and tomorrow we think price of EURUSD will fill up the liquidity void area before going down any further. Therefore, our entry will be around that reason if news spikes up and create a strong wick. Once price comes to our area of entry we can enter sell entry.
NZDCAD: 700+ Pips Swing Buying Opportunity!Dear Traders,
NZDCAD is 700 pips buying opportunity, price breakthrough and changed the character, since then price consolidated and then manipulated. We still expect price to drop till 0.8100 and reject from that area. Please give some time for setup idea to become active