Smartmoneyconcept
EURGBP Sell ProjectionIn daily ERUGBP has been creating LL and LH. Before creating the LL, market created an immense amount of Buy Side Liquidity which was taken out.
Setup Contains:
1. HTF Structure
2. LTF confirmation
3. Break of Structure
4. Expecting RTO (Return To OrderBlock)
FOLLOW PAFX & TRADE LIKE BANKS 💸
EURGBP - Swing ProjectionEURGBP Previously gave Bullish Structural Break on Daily & the current market is the Return to the origin of that move. So, We're expecting it too make a Higher High.
1. HTF Bullish Break of Structure.
2. 4H Sell Side Liquidity Stop hunt+Bullish BOS.
3. Return to the Origin (4H OrderBlock)
4. LTF structural Shift.
FOLLOW PAFX & TRADE LIKE BANKS 💸
Trading with SMCThis is how you trade using SMC
1. First look for BOS
2.Then mark Swing High & Swing Low
3.Mark Bearish OB
4.Wait for Retracement to Bearish OB
4.1 -- Look for Counter trend LTF BOS
4.2 -- Look for Bullish OB
4.3 -- Take entry and target Bearish OB
5. Look for Bearish LTF BOS
6. Mark LTF Bearish OB & Take entry
FOREX NOT FALLING IN TRAP (EURO/USD)As we all know Forex is the largest and most popular financial market in the world, which means it is extremely liquid and frequently sees a daily turnover of trillions of dollars. But at the end in trading it's all a ZERO SUM GAME if someone makes money on one side then someone loses money on the other side.
So it's very important for us to be on the right path to survive in these markets and make money consistently which is also not an easy task. So the best-proven way one can stay profitable is to trade in the trends direction as we all might have heard before TREND IS OUR FRIEND.
So be on the bigger trend path and look for the correct trades. Here I am sharing an analysis on EURO/USD in which I have shown you the direction of the trend and given a plan how you can trade it and even if you want to go against the trend or might feel like the trend is reversing right now then where you should be looking the price to be and how you can trade it when the trend reverse. I have shared my analysis on charts go and watch it out.
Don't chase before the price wait for the price to come near your zones as earlier a wise man once said '' PLAN THE TRADE AND TRADE THE PLAN "
Hope you enjoy and learn something new from it👍
- Pranesh Sahoo
FOR MORE IDEAS PLEASE SUPPORT BY SHARING THE ANALYSIS AND DO FOLLOW AND LIKE. IF ANY DOUBT ARISES DO COMMENT DOWN BELOW I WOULD LOVE TO HELP YOU.
CRYPTO HIGH PROBABILTY SETUP FOR BIGGER GAINS (CHAINLINK USDT)Crypto is the most thrilling thing that one can trade as the price moments are very volatile like supercars speed on the highway. Due to these volatile price moments and the fact that the market remains open 24 x 7. It gives big returns within less period of time and also when it falls it falls badly. So trading it one can make a fortune out of it and also one can lose his entire capital within seconds.
So it's very important to have a good probability setup based on PRICE ACTIONS as it works almost everywhere in the world and also you need to have to make a trading plan in such a way that it eliminates emotion out of trading as we all know in trading SKILL are just 10% and execution and risk management is also just 10% rest 80% is emotion and psychology.
So the best way to eliminate emotions is to keep a stop loss such that even if it hits 10 times in a row you are not affected by it and when you make money you make a good chunk of money in one trade. That can be done by taking trade-in important areas where there is LIQUIDITY and BIG MONEY is also present to entre in the trade.
So here I am sharing analysis of CHAIN/USDT where the plan is to take the trade-in such an area where above liquidy is there and once taken out gives a very big move within no time and if fails also there is a short-selling idea that one can execute to catch the downside also in case of surprise events or shakeouts.
Trade Analysis I have explained on charts.
Hope you enjoy and learn something from it👍
- Pranesh Sahoo
ETHEREUM / USDT MARKET STRUCTURE PRICE ACTION ANALYSIS This a market structure based price action analysis. As we know currently bull run is going on in CRYPTO UNIVERSE everyone is mostly bullish. But we as trades or investors who are out here should not buy random coins at random price by looking at someone or watching out any meme. So to be a part of this bull run in CRYPTO UNIVERSE it's better be stick to the best coins and find the best entry's possible to gain the maximum profit out of it. So here I am sharing my analysis on ETH/USDT which is purely based on market structure and price action analysis and also includes some smart money concepts.
As this is a trend based trade the maximum return can be gained on trading at long side.
But as we all know no one knows what's markets gonna do. The only thing we can do is managing our risk and position size.
The best entry will be around value entry zone. Everything else is explained in charts.
Hope you enjoy the analysis 👍
- Pranesh Sahoo