USD/JPY Potential Forecast|HTF Analysis|Wednesday 4 May 2023Hi everyone!
-On USD/JPY we have a high probability demand below price with a lot of imbalances and liquidity resting below.
-Also we are in a bullish trend so its high probability for structure correctement.
-If the demand will hold I will look for LTF confirmations and enter the position.
I wish you a successful week
Smctrading
CTSI Buy/Long Setup on 1H TF (Swing)Elliott Wave 1-5 has been plotted and we are waiting for an ABC correction pattern. However, a BoS and CHoCH have been plotted as well. We can take a risky LONG here with the retracements for our planned take profits as follows:
🚪Entry: Current price
💰Trade: Cross 10-15x (2% of capital)
⛔SL: 0.2255
🎯1: 0.2592
🎯2: 0.2660
🎯3: 0.2757
🎯4: 0.2881
USD/JPY Potential Forecast|HTF Analysis| Wednesday 26 April 2023Hi everyone!
-So the price on USD/JPY is telling us that we are currently in a bullish trend.
-USD/JPY have liquidity and imbalances below him so its the most probability that the price is going to grab them before moving up.
-Keep that in mind that not every huge poi will hold some of them will hold some of them will not but always ask yourself why did that poi hold and another don't.
-If the POI get respected and bounce from it look for confirmations and then enter.
XAU/USD Potential Forecast|HTF Analysis| Monday 24 April 2023-Huge Demand zone on XAU/USD can correct the trend and continuous to shift bullish.
-Gold have a lot of liquidity and imbalance below him so that will be the most optimal thing to grab before moving up
-Keep that in mind that this poi can be respected or it cant be I am saying that because smc cant always work there is no 100% strategy in Forex market, there is no correct way of trading.
-If the POI get respected and bounce from it look for confirmations and then enter.
I wish you good luck.
NZD/CAD Potential Forecast |HTF Analysis| Thursday 20 April 2023Hi everyone !!
On NZD/CAD we have a huge demand above. Because overall structure bias is bearish and that can confuse a lot of the traders if the price starts to reverse.
The Demand (POI) market on the chart is on a daily TF so it can mean that whoever buy from this it can buy again and make trend reversal.
Every time you place a trade make sure that your confirmation is confirmed with your system/trading plan.
Good luck!
EUR/USD 20th April - top downDaily top - down analysis of price action on EURUSD for 20th 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.