Hey guys! It's been a while since I posted any longer term trade setup. I like to trade the weekly timeframes every once in a while. It forces me to stay disciplined with my position sizing and teaches me patience (which I really need), since I might be sitting in the trade for two three weeks. Today's setup us also simple: Price has rejected (twice) from a...
One of my works aimed at breaking the triangle formation
This is my Intraday analysis on EURUSD for 19 Feb 2024 W8 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bearish INT Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we...
NYSE:CVX With oil prices on the rise, the price of CVX is going to be on the rise as well. Great long opportunities here. Analysis is based on simplified Smart Money Trading Concepts. While the analysis was conducted on the Weekly time frame. Daily time frame has been taken in to account as well. Projections in time for Options are based off of the recent...
NZDUSD sell opportunity rises in the demand area. It's time to sell NZDUSD . Risk only 2% of your account for a trade.
NASDAQ:AAPL Analysis is based on simplified Smart Money Trading Concepts. There doesn't seem to be a great trade opportunity at the moment. BUT...in the coming weeks, there is likely a bullish opportunity that may give way to great returns. I would like to see at least a 62%-70.5% pullback before pulling the trigger on buying any option calls. I would...
MAVIA is ready for another pump to the upside but we need little retracement to the bullish OB on 15mins unmitigated OB below.....MAVIA swept liquidity before last pump and i'm expecting it to respect the bullsih OB below................ Wait for entry below before considering longing Follow for market update and trade setup
I'd be interested to observe if the price initiates buy orders, capturing resting liquidity around previous highs, before transitioning to short positions. Let's wait
A pullback to the Optimal Trade Entry (OTE) Area, accompanied by a Fair Value Gap (FVG) formation on the 4-hour chart and favorable liquidity resting, could serve as a strong trigger for buy positions.
We're aiming for the price to reach the Optimal Trade Entry (OTE) Area, which also coincides with an (OB) and liquidity resting on the 4-hour chart. This convergence could potentially trigger buy signals.
Considering the bullish trend of USDCAD, it seems prudent to continue seeking buy opportunities, especially since it has already mitigated the Optimal Trade Entry (OTE) level. There's potential for another bullish rally. Conversely, if we anticipate a bearish week for the USD, our strategy would involve looking for short positions until liquidity areas are mitigated.
I anticipate a bearish week ahead, as I believe the price may need to mitigate a beautiful Fair Value Gap (FVG) on the 4-hour chart. Additionally, it could pull back to the Optimal Trade Entry (OTE) Area, where it might begin to gather confluences for potential buy opportunities.
The price may potentially begin to exhibit bearish signals as it enters the (OB) zone. Alternatively, we could await the mitigation of a Daily Fair Value Gap (FVG) and the emergence of short opportunities.
OTE has already undergone mitigation. However, there remains a portion of the FVG (Fair Value Gap) that could potentially provide the impulse to seek further short positions.
Aiming for the price to undergo a correction from the 4H OB and retrace to the OTE (Optimal Trade Entry) Area of the last bullish impulse.