EURUSD 4 Apr 2024 W14 - Intraday Analysis-ECB Minutes/US JoblessThis is my Intraday analysis on EURUSD for 4 Apr 2024 W14 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish / Continuation
INT Bearish / Pullback Phase
2.
Price reached the INT Structure EQ / Premium and swept the Liq. on the left from the bearish INT Structure Leg.
As the 4H Swing and INT are bearish, expectation is after the pullback to continue bearish.
4H OF and momentum is Bullish so more development on LTF is required for Shorts to target the Weak INT Low and the continuation of the Bearish Swing to target the Weak Swing Low.
3.
After the bearish iBOS, price mitigated the Daily demand and initiated the INT Structure Pullback.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
Swing Pullback Phase
2.
After the Bearish BOS we expect a Pullback.
Price tapped into the daily demand which initiated the Swing Pullback Phase with a Bullish iBOS.
3.
Bearish Swing failed and we created a Bullish BOS which aligns with the 4H request to initiate the 4H INT Pullback.
But be mindful that we reached the 4H INT Structure EQ and Premium where we could see a bearish continuation.
Shorts are mostly viable after we mitigate a HTF POI and/or a bearish iBOS.
Intraday
XAU/USD 04 April 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's bullish run following the Fed's dovish outlook on interest rates.
Price has printed further highs since yesterday's highs (03-04/2024) where we continue to trade within a fractal high and internal low.
Further new high has meant location of ChoCH has been brought closer to current price.
As mentioned on 22/03/2024, Intraday expectation was for price to react H4 POI to then target fractal high, which price did, creating a new highs and still remains the case.
Due to the bullish nature of the market and prices at all time highs, the most prudent approach would be to adopt patience and allow price to print structure as opposed to picking tops.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a further bullish iBOS where it continues to print all time highs.
Price is now contained within bullish internal structure after confirmation of bearish ChoCH.
First structural sign, but not confirmation, that pullback has initiated is a bearish CHoCH, which price has printed.
It would be useful to note previous iBOS and bearish CHoCH which eventually lead to a further bullish iBOS as opposed to pullback initiation. This is primarily why the CHoCH should not be used as confirmation, rather weak indication.
Yesterday's intraday expectation was met.
Intraday expectation would be for price to pull back following bullish iBOS, react at either M15 POI or 50% EQ of the internal structure before price targets weak internal high.
Another likely scenario, and due to the fact that all HTF's need to pull back, is price prints a bearish iBOS on M15 which would mean first structural indication (CHoCH) on H4 that pullback is about to initiate.
M15 Chart:
XAU/USD 03 April 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's bullish run following the Fed's dovish outlook on interest rates.
Price has printed further highs since yesterday's highs (03-04/2024) where we continue to trade within a fractal high and internal low.
further new high has meant location of ChoCH has been brought closer to current price.
As mentioned on 22/03/2024, Intraday expectation was for price to react H4 POI to then target fractal high, which price did, creating a new highs and still remains the case.
Due to the bullish nature of the market and prices at all time highs, the most prudent approach would be to adopt patience and allow price to print structure as opposed to picking tops.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a further bullish iBOS where it continues to print all time highs.
Price is now contained within bullish internal structure after confirmation of bearish ChoCH.
First structural sign, but not confirmation, that pullback has initiated is a bearish CHoCH, which price has printed.
Intraday expectation would be for price to pull back following bullish iBOS, react at either M15 POI or 50% EQ (which price is currently doing) of the internal structure before price targets weak internal high.
Another likely scenario, and due to the fact that all HTF's need to pull back, is price prints a bearish iBOS on M15 which would mean first structural indication (CHoCH) on H4 that pullback is about to initiate.
M15 Chart:
#NIFTY Intraday Support and Resistance Levels -02/04/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22500 level and then possible upside rally up to 22620 level in today's session. in case nifty trades below 22440 level then the downside target can go up to the 22320 level.
EURUSD 1 Apr 2024 W14 - Intraday Analysis - US PMI This is my Intraday analysis on EURUSD for 1 Apr 2024 W14 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish / Continuation
INT Bearish / Pullback Phase
2.
Finally with the Bearish iBOS we confirm the Swing Pullback is over and currently we align with the Bearish Swing targeting the Weak Swing Low.
After iBOS we expect a pullback. Bullish CHoCH will be the first sign of the the INT Structure Pullback.
Price had mitigated the 4H Demand for possible start of the Bullish Pullback of INT Structure.
More development on LTF required to confirm the Bullish Pullback Phase.
3.
As price failed to initiate a pullback from the 4H demand, price continued bearish to the Daily demand zone.
Possible reaction ONLY from the Daily demand as we are in the momentum phase of targeting the 4H Weak Swing Low.
15m Chart Analysis
1.
Swing Bearish
Internal Bearish
2.
After the Bearish BOS we expect a Pullback.
Price still in the bearish momentum following the HTF continuation.
Price tapped into the daily demand which could provide a reaction to facilitate the INT Bearish Structure Pullback.
XAU/USD 01 April 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's bullish run following the Fed's dovish outlook on interest rates.
Price has printed further highs and we continue to trade within a fractal high and low.
As mentioned on 22/03/2024, Intraday expectation was for price to react H4 POI to then target fractal high, which price did, creating a new high.
Due to the bullish nature of the market and prices at all time highs, it would be advisable to adopt patience and allow price to print structure as opposed to picking tops.
H4 chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a further bullish iBOS printing all time highs.
Price is now contained within internal structure after confirmation of bearish ChoCH.
As with all HTF's it would be advisable to adopt patience and allow price to print structure before taking any action as opposed to picking tops.
First structural sign, but not confirmation, that pullback has initiated is a bearish CHoCH, which price has printed.
Intraday expectation would be for price to pull back following iBOS, react at either M15 POI or 50% EQ of the internal structure before price targets weak internal high.
Another likely scenario is price to continue bullish and keep printing all time highs!
M15 chart:
Midcap Intraday setup for Monday 01 April Multiple rejections from hourly resistance indicate that the index is still declining, so be defensive when opening the long positions above 10,575.
Intraday Range: 10,575 to 10,460
Long above 10,600 ( 25 points buffer to avoid the fake breakout )
Short bellow : 10,460
XAU/USD 29 March 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's bullish run following the Fed's dovish outlook on interest rates.
Price is now trading within a fractal high and low.
As mentioned on 22/03/2024, Intraday expectation was for price to react H4 POI to then target fractal high, which price did, creating a new high.
Due to the bullish nature of the market and prices at all time highs, it would be advisable to adopt patience and allow price to print structure as opposed to picking tops.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a further bullish iBOS printing all time highs with no structure to the upside. We are now trading within a fractal high and low.
As with all HTF's it would be advisable to adopt patience and allow price to print structure before taking any action as opposed to picking tops.
Intraday expectation would be for price to pull back following iBOS.
Another likely scenario is price to continue bullish and keep printing all time highs!
M15 Chart:
EURUSD 28 Mar 2024 W13 - Intraday Analysis - US GDP/JoblessThis is my Intraday analysis on EURUSD for 28 Mar 2024 W13 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish / Continuation
INT Bearish / Pullback Phase
3.
Finally with the Bearish iBOS we confirm the Swing Pullback is over and currently we align with the Bearish Swing targeting the Weak Swing Low.
After iBOS we expect a pullback. Bullish CHoCH will be the first sign of the the INT Structure Pullback.
Price had mitigated the 4H Demand for possible start of the Bullish Pullback of INT Structure.
More development on LTF required to confirm the Bullish Pullback Phase.
3.
4H and Daily Demand Zones for possible reactions only once reached.
15m Chart Analysis
1.
Swing Bearish
Internal Bearish
2.
After the Bearish BOS we expect a Pullback.
Price reached the 4H demand and the nested 15m Demand which is mitigated after the bullish CHoCH initiating the 15m INT Structure Pullback.
Expectations is set for price to initiate the 15m Swing Pullback Phase with a Bullish iBOS. But be mindful that price could continue bearish targeting 4H Weak Swing Low.
3.
15m/4H Supply zones for possible short options once reached.
XAU/USD 28 March 2024 Intraday AnalysisH4 Analysis:
Bias/Analysis remains unchanged since last analysis dated 22/03/2024
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's bullish run following the Fed's dovish outlook on interest rates.
Price has printed a bullish iBOS where we are currently trading within a fractal high and internal low.
Relative to recent price action of the swing range, I have readjusted bullish BOS to bullish iBOS.
As mentioned on 22/03/2024, Intraday expectation is for price to react H4 POI to then target fractal high, which is currently underway.
H4 Chart:
M15 Analysis:
Analysis/Bias remains the same as yesterday (27/03/3034)
-> Swing: Bullish.
-> Internal: Bullish.
-> Sub-Internal: Bullish.
Price printed a bullish iBOS followed by bullish BOS following the Fed's dovish outlook on interest rates last week.
Price printed a bearish CHoCH, indicating, but not confirming, that pullback has initiated. This is also a requirement for all HTF's
Due to the size of the internal range I plotted sub-internal range, which is denoted in red, to gain a micro-view of price action.
Sub-internal structure has now switched bullish in-line with internal and swing structure. Sub-internal structure has printed a further bullish iiBOS.
Intraday expectation is for price to pull back following iiBOS to either M15 POI or 50% EQ of the sub-internal structure before target weak internal high which is denoted by blue dashed line.
M15 Chart:
[INTRADAY] #BANKNIFTY PE & CE Levels(28/03/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 47450 level in todays session.Any Major downside only expected in case banknifty starts trading below 46950 level to 46550 level.also possible reversal upside 46550 level.
EURUSD 27 Mar 2024 W13 - Intraday AnalysisThis is my Intraday analysis on EURUSD for 27 Mar 2024 W13 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish
INT Bullish / Continuation Phase
Swing 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 initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
3.
4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS.
After iBOS we expect a pullback. Price had reached the INT Structure Demand zone and created a Bullish CHoCH which indicates that the INT Pullback maybe over and we are currently targeting the Weak INT High. after which price failed to target the Weak INT High.
Current price indicate that we will have a deep 4H INT Pullback to maybe the 4H/Daily Demand zones before any continuation.
4.
Current PA is still showing that the 4H Strong INT Low is holding but the OF is Bearish and Supply still in control.
A bullish CHoCH will indicate imo a HP confirmation for the INT Structure to continue bullish.
15m Chart Analysis
1.
Swing Bearish
Internal Bearish
Swing Continuation Phase
2.
After the Bearish BOS we expect a Pullback.
The 4H demand is already mitigated after the Bullish CHoCH on the 4H TF but seems to be some orders still remaining within the 4H Demand and the 4H Extreme which is providing the pullback for the Bearish iBOS.
Current PA is pointing to targeting the Weak Swing Low but again be mindful of the Strong INT Low on the 4H which is still holding.
Bullish iBOS will confirm imo a HP Bullish continuation.
3.
Price reached the reached the 15m FLIP Zone and initiated the INT Pullback which caused a bearish iBOS aligning again with the 15m Bearish Swing.
XAU/USD 27 March 2024 Intraday AnalysisH4 Analysis:
Bias/Analysis remains unchanged since last analysis dated 22/03/2024
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's bullish run following the Fed's dovish outlook on interest rates.
Price has printed a bullish iBOS where we are currently trading within a fractal high and internal low.
Relative to recent price action of the swing range, I have readjusted bullish BOS to bullish iBOS.
As mentioned on 22/03/2024, Intraday expectation is for price to react H4 POI to then target fractal high, which is currently underway.
H4 chart:
M15 Analysis:
Analysis/Bias remains the same as yesterday (26/03/3034)
-> Swing: Bullish.
-> Internal: Bullish.
-> Sub-Internal: Bullish.
Price printed a bullish iBOS followed by bullish BOS following the Fed's dovish outlook on interest rates last week.
Price printed a bearish CHoCH, indicating, but not confirming, that pullback has initiated. This is also a requirement for all HTF's
Analysis on 22/02/2024 was for price to indicate initiation of pullback by printing a bearish CHoCH which was denoted with a blue dotted line. Price printed this.
Due to the size of the internal range I plotted sub-internal range, which is denoted in red, to gain a micro-view of price action.
Sub-internal structure has now switched bullish in-line with internal and swing structure.
Intraday expectation is for price to target weak internal high which is denoted by blue dashed line.
M15 Chart:
EURUSD 26 Mar 2024 W13 - Intraday Analysis - US Durable GoodsThis is my Intraday analysis on EURUSD for 26 Mar 2024 W13 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish
INT Bullish / Continuation Phase
Swing 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 initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
3.
4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS.
After iBOS we expect a pullback. Price had reached the INT Structure Demand zone and created a Bullish CHoCH which indicates that the INT Pullback maybe over and we are currently targeting the Weak INT High. after which price failed to target the Weak INT High.
Current price indicate that we will have a deep 4H INT Pullback to maybe the 4H/Daily Demand zones before any continuation.
4.
As expected, Price reached the 4H/Daily demand zone as referred to the deep INT Structure Pullback.
Price created a Bullish CHoCH at the INT Structure Extreme which is a sign that the deep pullback may ended and we could be in the Bullish move to target the Weak INT High.
More bullish price development on LTF is required to confirm the current expectations of continuation bullish.
15m Chart Analysis
1.
Swing Bearish
Internal Bearish
Swing Continuation Phase
2.
After the Bearish BOS we expect a Pullback.
After mitigating the 15m/4H Demand zones, INT Structure turned Bullish confirming the Swing Low and the Swing Pullback Phase started.
Expectations is set to for price to continue bullish till the Swing EQ/Premium to facilitate the Swing Pullback Phase.
3.
Price reached the 4H Supply and initiated the INT Structure Pullback which was also a HP supply zone for Shorts to continue the Swing Bearish Move.
INT Structure turned bearish aligning with the Bearish Swing for bearish continuation.
Expectation is set to continue bearish to target the Weak Swing Low. But be mindful that the 4H still bullish and we are in the 4H INT Structure Discount/Extreme and maybe we will stay bullish. Bullish iBOS will confirm the bullish scenario.
XAU/USD 26 March 2024 Intraday AnalysisH4 Analysis:
Bias/Analysis remains unchanged since last analysis dated 22/03/2024
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's bullish run following the Fed's dovish outlook on interest rates.
Price has printed a bullish iBOS where we are currently trading within a fractal high and internal low.
Relative to recent price action of the swing range, I have readjusted bullish BOS to bullish iBOS.
As mentioned on 22/03/2024, Intraday expectation is for price to react H4 POI to then target fractal high, which is currently underway.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
-> Sub-Internal: Bullish.
Price printed a bullish iBOS followed by bullish BOS following the Fed's dovish outlook on interest rates last week.
Price printed a bearish CHoCH, indicating, but not confirming, that pullback has initiated. This is also a requirement for all HTF's
Analysis on 22/02/2024 was for price to indicate initiation of pullback by printing a bearish CHoCH which was denoted with a blue dotted line. Price printed this.
Due to the size of the internal range I plotted sub-internal range, which is denoted in red, to gain a micro-view of price action.
Sub-internal structure has now switched bullish in-line with internal and swing structure.
Intraday expectation is for price to target weak internal high which is denoted by blue dashed line.
M15 Chart:
Day Trader Trading Nifty Futures & Options-26th Mar ’24 Below mentioned points are discussed in my post analysis video(Fast forward to 0:36 for Hindi Audio)
-No Trades in the morning
-No Good Volumes in nifty in the morning
-Scalped Sold Nifty Future In Second Half
-How will i trade when market opens tom
[INTRADAY] #BANKNIFTY PE & CE Levels(26/03/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 47450 level in todays session.Any Major downside only expected in case banknifty starts trading below 46950 level to 46550 level.
EURUSD 25 Mar 2024 W13 - Intraday Analysis - US New Home SalesThis is my Intraday analysis on EURUSD for 25 Mar 2024 W13 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish
INT Bullish / Continuation Phase
Swing 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 initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
3.
4H Swing pullback phase still active with Internal Structure continuing bullish with a new iBOS.
After iBOS we expect a pullback. Price had reached the INT Structure Demand zone and created a Bullish CHoCH which indicates that the INT Pullback maybe over and we are currently targeting the Weak INT High. after which price failed to target the Weak INT High.
Current price indicate that we will have a deep 4H INT Pullback to maybe the 4H/Daily Demand zones before any continuation.
4.
As expected, Price reached the 4H/Daily demand zone as referred to the deep INT Structure Pullback.
Price created a Bullish CHoCH at the INT Structure Extreme which is a sign that the deep pullback may ended and we could be in the Bullish move to target the Weak INT High.
More bullish price development on LTF is required to confirm the current expectations of continuation bullish.
15m Chart Analysis
1.
Swing Bearish
Internal Bullish
Swing Pullback Phase
2.
After the Bearish BOS we expect a Pullback.
After mitigating the 15m/4H Demand zones, INT Structure turned Bullish confirming the Swing Low and the Swing Pullback Phase started.
Expectations is set to for price to continue bullish till the Swing EQ/Premium to facilitate the Swing Pullback Phase.
3.
Swing Extreme Supply zones on 15m nested within the 4H Supply for HP Swing Bearish Continuation.