Smcanalysis
BTC Analisys Double bottom BOUNCE ! Just as predicted !
Bitcoin is doing exactly the double test we predicted in order to rebound with bullish momentum. We could see Bitcoin between 68 and 70 again in the coming days, maybe next week.
We are in the profit zone ! If you followed my analysis from weeks ago, you should be in the green with no problem! Congratulations!
GBPJPY market structure analysis on 4 hour time frame4H swing is bullish
Internal (i) swing is bullish
Today the price rallied again and broke the strong top creating a bullish CHOCH signal and creating a new strong swing bottom.
The 4-hour trend will only turn bearish when the strong swing low is broken
US30-Dow JonesAs shown, the price in the 40,000 areas, fell strongly. It broke the structure, and gave us a change in direction. After that, it gave us a correction in the form of a clear ascending price channel. And then today, it is still strongly from the 75% Fibonacci levels. Therefore, we expect the continuation of the downward trend around 38,000.
Fetch.aiThe currency is preparing for an inevitable price explosion. I personally have stored a good amount and I advise you to do this. The first goal for the currency is $4 and its price is now 1.14 cents. Imagine how much you can achieve from it if you store $1,000 of this currency for only a month. Imaginary profits. Good luck. We will meet a month from now.
XAUUSD 15 MIN If we look at the daily frame, we can notice the market structural change from bullish to bearish. That is, after the price was breaking consecutive highs, we notice that the price has started to form a lower bottom than the bottom, which shows that we have changed from bullish to bearish. This is the daily frame. Now we return to the 15-minute frame to see what we can do automatically. Returning to the mentioned team, we notice that the price has broken the structure again, and made a structural change. According to Spleen, we made a structural change with the price accelerating and leaving a gap behind at the top. From there, we can enter some sell deals. All you have to do now is wait for the formation of two highs so that the price takes liquidity from them, and as many traders as possible exit before the price drops to target the bottom of the previous day. Thank you. If you have any questions, see you in the comments.
#XAUUSD: Has the Trend Changed on daily timeframe!?Dear Traders,
After looking at how price has behaved strangely suggesting a possible price reversal, if price drop it is likely to have. a swing bearish move since there is no strong reason for price to retest the 2277 region as it already has done once. There is another strong possibility is that, below price area of 2270 needs to be filled so we can expect price to drop somewhere 2208$. Good luck and trade safe!
GBPJPY market structure analysis on 4 and 1 hour timeframes4H swing is bullish => current is pullback dow.
1H swing is bearish => current is pullback up.
M15 swing is bearish
Price has not broken through SMT and IDM, we can look for selling opportunities down to the demand zone of the 4-hour time frame
GBPJPY market structure analysis on 4 and 1 hour timeframes4H swing is bullish => current is pullback.
1H swing is bearish => current is pullback.
Price has not broken through SMT and IDM but there is a pullback inducement signal so we can look for selling opportunities down to the demand zone of the 4 hour time frame
HIGH + LOW RESISTANCE LIQUIDITYHIGH + LOW RESISTANCE LIQUIDITY
LOW RESISTANCE LQ
1. No liquidity
Available SSLQ generated at weak low = low ressistance LQ
2. Price is more likely to pullbakc to the nearest POI
3. High resistance LQ left at new strong high
4. Price will move impulsively past low resistance lows to target availabe weak low
HIGH RESISTANCE LQ
1. Strong liquidity
Signals potential institutional backing leaves high resistanve LQ
2. Often price will then pull bakc much deeper or protentially reverse
3. The end of the pullback often forms through a liquiditytion, leaving high resistance LQ at what he becomes the new strong / protected high
4. Price meets some resistance at the sweep zone to the left rather than smashigh straight through the weak lows when there's low resistance lQ