EURUSD 10 Oct 2023 Intraday Analysis 15mEURUSD 10 Oct 2023 Intraday Analysis 15m
This is an intraday analysis for EURUSD on 15m chart based on Smart Money Concept (SMC)
Strucutre
Ruble Where You Going ?
Hi traders:
With the tension between Russia and Ukraine, we can expect the market to be volatile and moving during an uncertainly time.
As we know, USD is a safe haven currency, and here on USDRUB, we can see clear bullish price action on the bigger time frames.
With many bullish impulse phases follow by bullish continuations, price is getting push up to all time highs.
This is where usually price will consolidate, and potential to continue or reverse back down.
For me, my personal options is leaning more upside and continuation up move.
What we should wait for is some sort of bullish continuation correction on the lower time frames, to confirm the upside move.
With the situation between the two countries may get worse, USDRUB could on route to a new highs.
thank you
EURUSD 15M15 minute
Structure just broken - Bearish
EOF -Bearish
Structure and EOF changes very quickly once we are on 15M and lower.
We have just hit the EQ of the current 4 hour leg, while sitting at a bullish order block.
There is also a very clean 15M/4H/Daily OB sitting at around 1.13700
which falls nice and low into the discounted leg.
So we can expect to see some reactions here at least.
LYFT try to retag, a good location to shortHello everyone,
Today i want to share which you my idea on LYFT.
The price is going to hit the previsous support, and now it's a resistance. We can open a short at 44.87 and see if the price get reject.
The target is AB=CD, but for the most carefully of us you can take profit on the gap
A quick example of Market Stucture!Leave a like if you learned something out of my post, anyways enjoy and keep it easy.
BTW try to make it your own, it is a must when trading so take notes!
EURNZD - 08-12 Feb 21 Week Trade Plan EURNZD
Previous Month : Bearish
Previous Week : Bearish
Daily : Slightly Bullish
- EURNZD finally broken the range and closed below 1.6780 reaching 1.6720 and barely 1.6620, meaning we are in a very solid bearish momentum.
- The COT report showing that NZD sellers are picking up for the first time since the start of 2021 but still not a confirmation that buyers are out yet. I anticipate that this could be the spike that EN does with each new low created.
- Seasonality is not correlated with the current PA as NZD strengthen during Feb and created a pick now while Seasonality is showing ranging and a bit of weakness for NZD. I'll wait for this week to clarify a bit to confirm.
- So with Current solid bearish momentum, COT and Seasonality; I'd expect EURNZD to continue the bearish momentum and any spike will be treated as a good opportunity for shorts until a solid formation above 1.7020 level.
- Through trading several Months EURNZD, I prefer to see retracements to any move in order to have a range to trade to target created. So i recommend to Short after retracement or break and Resistance formation below broken Support and vise versa for Longs.
- We have important news for NZD on Tuesday and Friday for Inflation and Business PMI also some news from China on Wednesday which also effects NZD.
Daily Chart :
Weekly Chart :
EURNZD - 04-08 Jan 21 Week trade PlanThis is my 04-08 Jan 21 Week trade Plan for EURNZD.
With EURNZD ended Dec 2020 with bearish close confirming the bearish momentum, I'm expecting a bounce from the HTF support created 24 Nov 2020 at 6980 which is expected to be rejected at/below 7080/7100 for bearish momentum continuation and retest/break and close below 6980 for targets at 6880 and 6780.
A reversal can also be in place in case of the support/double button formation at 6980, a break of the 7220 and solid support formation above 7180 will confirm this scenario which can trigger longs to retest 7345.
Weekly Close : Bearish
Daily Close : Bearish
4H : Bearish
Overall view is Bearish till a daily close and forming solid support above 7220.
Levels to watch:
- 1.7600
- 1.7450
- 1.7345
- 1.7220
- 1.7080
- 1.6980
We've Got Our Dip, Now What?? BOUNCE OR DIVE CONTINUES! XRPUSDI anticipated one more dip before the market goes up again and that raised a few eyebrows because a lot of traders thought i was smoking something but one thing the market loves is structure and the market is currently at an important structure now. The question is, is this momentum gonna push it further down to retest the all time lows or will we get a bounce and continue our bullish market? The next few days will give us a clue, at the moment i'm leaning more towards a bounce!
Good luck traders
GOLD(XAU_USD) FIRST SUPPORT|GOING HIGHER
Gold broke out of the resistance confluence recently
Which indicated a bullish charge of the asset
After the breakout we saw a pullback to the support
With a strong bullish reaction that followed
Thus, I expect the bullion to Go UP
With the first target being the high of the breakout move
And the 2nd target-minor horizontal structure above
Long!
Like and subscribe to never miss a new idea!
EURNZD - Dec 14 -18 Week trade plan
This is my trade plan for EURNZD for next week Dec 14 -18 based on HTF analysis.
Trades will be executed according to my trading rules:
1- Momentum
2- HTF close with momentum direction
3- 1H close below/above previous candle in momentum direction
4- Targets for 1H recent support/resistance
Please refer to the Daily outlook for further HTF outlook.
e
EURNZD - Trade 07-12-2020FX:EURNZD
Trade executed according to Trade Plan. Please refer to the 4H Trade Plan analysis below.
SOUTH AFRICAN RAND STRUCTURE ANALYSIS|
USD_ZAR IS TRADING IN A FLAG/TRIANGLE
FUTHER MOVEMENT WITHIN THE TRIANGLE IS EXPECTED UNTILL THE BREAKOUT
Given that I am bullish on the Dollar and considering the situation in South Africa,
I expect the breakout upwards, as when the Dollar strengthens properly,
the weakest currencies fall first and faster than others.
And Rand is super weak.
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LIKE and SUBSCRIBE for QALITY
USD_CAD STRUCTURE SHORT|TRADING PLAN
big picture
USD_CAD FACED STRONG HORIZONTAL RESISTANCE| FAILED TO BREAK IT| RETRACEMENT EXPECTED|
(1) The horizontal structure proved to be strong
(2) Now suppressed volatility on top suggest lack of momentum
(3) Enter short now.
(4) SL, TP on the chart.
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LIKE and SUBSCRIBE=CARMA BOOST
It's not over, just pullback. Bids @ 7150 and up #BTCUSDDaily + weekly volatility is in the bullrun phase for both BTC and "TOTAL" Marketcap.
If BTC flags out in this 6.0 HVQ Volatility Index area, retesting the trend support, bingo = consolidation before megamoon
But, that consolidation could go on for awhile.
I have an overall LONG narrative, but am not buying at these levels. Looking to YOLO/FOMO a breakout, or get in around daily cloud support.
Looking for retest of the Daily cloud top, volatility consolidation, and QRsi trend test and/or build new qrsi flag. 7150-7400 is where I guess support will be depending on the velocity if / when we dip.
ETHEREUM LOOKING BULLISH AGAIN!!Hey there,
please support this idea with your likes and follow me on TV if you don't want to miss out!
Take a close look at this chart and what is written on it.
Ethereum is currently being rejected my the 1004h MA and price is now being squeezed
between the 100 and 2004h MA. We are going to have a deathcross of the 2 moving averages
shortly, so we will see if this is going to have an impact on price.
Since the 2004h is ascending and only the 100 is declining, I wouldn't put too much emphasis on this signal.
250 seems to provide strong resistance with multiple factors in play, such as Setup-trendline of the
TI Indicator, 0.5 fib, structural support in the past, and psychological round number.
For now we have a big hurdle to get over with price now sitting at key structural resistance from the
consolidation at the top.
Luckily for Ethereums price, we are now forming a 4h bullflag and if this day closes around the current vacinity
then this could send ETH into 250USD.
Ok so as I am writing this we are breaking over the bull flags resistance, so now the 1004h is the next hurdle, which
we are now sitting on.
Exciting times and many trading opportunities currently, take your chances and play wisely!
Thanks and cheers,
Konrad
EURUSD - LONG Primary Target - 1.12000EURUSD - LONG
Primary Target - 1.12000
Stop Loss: 1.10900
Signals:
1) Price broke the structure high.
2) Retracement to discount level.
GBP/Short potential Interesting structure- if GBP/JPY can break the horizontal green line then we could potential see price retrace back to 50% level on fib which also corresponds with a significant level of structure, if price breaks below this level we could watch out for the 61.8% level and look to exit the trade here or be on alert.
UKOIL shortThe first time I've actually looked at Oil but let's see how this goes, as the structure corresponds with fib levels it would be interesting to enter a short indicated by the first green line, a long wick candlestick previously reached this region before a reversal, if Oil can break below I think there is potential to hit the following green lines. Market structure + Fib. No RSI as there is not sufficient case for over or under sold so omitting this from the analysis.
In case not clear 62.20 is entry so the price has to fall from current level to reach a pending order in which case trade is entered.
~70% probability for a bullish moveOn a daily timeframe there is significance around the 9480.00 USD level. The daily candle has closed above that zone and candle stick patterns are suggesting a bullish move will follow. Diving into a 4 hr timeframe structurual significance is forming above the same 9480.00 USD level.
AUDUSD H1 Walk-through of Market TrendsSP = Starting Point
ISL = Initial Structure Low
NSL = New Structure Low
ISH = Initial Structure High
NSH = New Structure High
The most recent structure, be it ISL, ISH, NSL, NSH, its starting point will be known as X, if breaking below and closing below X(on a ISH, NSH condition), ISL is formed; breaking above and closing above of X(on a ISL or NSH), ISH is form.
But breaking below and closing below of ISL, NSL is form; breaking above and closing above ISH, NSH is formed.
