AmirSoraya

AmirSoraya

Daily Market Structure is bearish on EURUSD and price created LH on October 4, 2022. EURUSD could not break below daily MSL and reversed up. Now mitigates the 4H supply and supply takes control. After zone mitigation we have 2 scenarios: 1.CHoCH and Reversal 2.Break of zone What do you think about this chart? Feel Free and Comment Below!

AmirSoraya Updated 

First of all I marked up the nearest swing structural highs and lows on daily chart. Daily Chart is totally bearish but last recent change of character is bullish. Bull CHoCH->Swing Low->Beginning of PB->Swing High->Daily Internal Area is now clear. Then I marked up the daily supply and demand zones within this internal range. Last recent CHoCH is bullish, so...

AmirSoraya Updated 

I marked up a 15M POI in my previous analysis and price reached to that supply yesterday. The USDJPY had strong downside move that had double demand zones break and change of character. I mark up the zone that caused double break. Also there were huge liquidity below that zone which was swept. Everything is now ready for a huge downside move. If you missed...

AmirSoraya

If you check previous analysis on USDJPY, I highlighted the low that had to be broken to reverse the price, that happened! Change of character and then break of structure happened in USDJPY. Remember that when BOS or CHoCH happens, supply or demand zone is automatically created on the other side. Supply has created that CHoCH and BOS so we can expect another...

AmirSoraya

On September 23, Bulls could break above the strong high with $0.7784 price. (Change of Character) Then some choppy moves, liquidity was created just above the demand zone. Price reversed up from the demand zone and created HLs and HHs. So bullish structure since then. On the other hand some liquidity was created above the range and below the up supply...

AmirSoraya

After break of structure by bulls, price went up to the H4 supply zone. When a supply zone becomes mitigated, supply takes control and you can search for entries on LTF. If reversal down happens, target will be lower demand zone. Another scenario is breaking above supply zone that needs strong buying pressure. Then next supply zone will be target. What do you...

AmirSoraya

Bulls could break above the breakout point from the last analysis. PB and then break above the highlighted target. Let's see Gold H4 timeframe with smart money concept. H4 is obviously bullish creating HLs and HHs . Bulls were strong enough so they could break above the supply zone and took the market control. Price has reached the upper supply zone . Since it...

AmirSoraya

Bulls had BOS today. As you know after BOS, demand zone is being created automatically. Also we have a imbalance/inefficiency above Demand Zone that is like a magnet and makes demand zone valid. Wait for pullback that returns to demand zone, then look for entry on lower time frames like 15M or 5M. Targets for bulls can be the liquidity above the highlighted...

AmirSoraya

If you check daily EURJPY daily chart, it's moving in trading range. Actually it's a broad channel but trade it like TR. (Buy Low, Sell High) After breaking bull trendline, bears created lower high major trend reversal and then strong downside move. Then EURJPY created tight bull channel which is the strongest type of channels. First breakout of these channels...

AmirSoraya

I said in my previous analysis that DXY can reversed down or goes up to bull channel line. Bulls pushed price up to the channel line. Also we can see a climatic bar that is sign of exhaustion. Usually we have 2 legged pullbacks after these climatic moves. Another bull channel is clear on daily chart. We see a channel line price overshoot that is another sign...

AmirSoraya

In my last analysis I was thinking of bear trend resumption and bear channel but it didn't happened! Instead of bear channel, wedge bottom formed and then bulls broke above the wedge strongly. Bulls pushed price to the last important breakout point, will be dealing with this points in next days. XAUUSD may see some retracement and then bulls pushed price...

AmirSoraya

USDJPY was moving within trading range since September 5, 2022. Best strategy in trading ranges is to buy low and sell high. Also most TR breakouts fail and reversed into range. As you see, USDJPY had sell climax that tests the bottom of TR and then it reversed up and created tight bull channel . When we have such strong sell climaxes, the probability for new...

AmirSoraya

Bulls Finally Won the Battle! After a failed breakout below triangle, strong reversal up happened and bear gave up. 1st target (Top of Triangle) got touched by bulls, as you see bull leg is so strong so lets check possibilities. First of all such strong bull legs usually (60%) have another leg (or legs) up so it may have some correction and then another bull...

AmirSoraya

Last Analysis on EURUSD and Expecting 2 Legged Upside Move: After a sell climax, price moved down and broke below bear trend extreme and sell climax. There was no strong breakout below trend extreme, actually it was breakout was failed and reversed up strongly. First leg formed, now we expect another leg (or legs) up. Targets for Bulls can be: 1)50% PB 2)BO...

AmirSoraya

USDJPY was moving within trading range since September 5, 2022. Best strategy in trading ranges is to buy low and sell high. Also most TR breakouts fail and reversed into range. As you see, USDJPY had sell climax that tests the bottom of TR and then it reversed up and created tight bull channel. When we have such strong sell climaxes, the probability for new...

AmirSoraya

After upside move on ETH daily chart, triangle formed and then was broken from downside. Tight bear channel formed which is strongest type of channel, and usually first reversal of these channels is minor and trend resumes. We had a upside breakout now on ETH tight channel, which has 60% to 70% chance of trend resumption. Possible Bears Target is marked...

AmirSoraya

In my previous analysis, after Bull breakout I was thinking of higher prices. But BTC reversed down strongly. Up, down, confusion and trading range. Trading range means both bulls and bears are active and trading. And remember the 80% rule. Markets tend to do what they were doing. Means inertia. 80% of trading range breakouts fail. Watch 2 price levels. 18200...

AmirSoraya

After sell climax, strong reversal up happened on GBPUSD. Big Down, Big Up, trading range likely. After reversal up, triangle formed. Triangles have 50-50 chance of either bull or bear breakout. Since GBPUSD had strong bear trend before, bears are trying to break below triangle and test the trend extreme. On the other hand bulls are trying to create double...