EURUSD next moveMarket Structure & Price Action Analysis:
The EUR/USD pair on the 15-minute timeframe has exhibited a clear bullish structure, with price forming higher highs (HH) and higher lows (HL), indicating an uptrend continuation.
A Break of Structure (BoS) was observed on the 15-minute chart, which acted as a confirmation of bullish momentum.
After the BoS, price retraced into a 15-minute demand zone (15-Zone), marked in green, which was previously a liquidity grab before the expansion to the upside.
Liquidity & Institutional Order Flow:
Multiple sub-swings were identified, showing market consolidation before the impulsive breakout.
The liquidity sweep at the 15-zone demand area (green zone) suggests that institutional traders (smart money) induced selling pressure before driving price higher.
The 4-hour supply zone (marked in blue) has been mitigated, causing a rejection from the premium pricing zone, indicating potential distribution and a pullback.
Next Probable Move & Trading Plan:
Bullish Bias: If price sustains support above the 15-zone demand area, we can expect a continuation towards the 4-hour supply zone for another retest.
Bearish Correction: A failure to hold this demand could result in a short-term retracement towards the previous low near 1.0883, where liquidity may be resting.
Smcanalysis
Trade Idea: $NSE:RELIANCE for Next WeekHello, Traders! 👋
#RELIANCE is shaping up as an interesting watch for the coming week:
📈 Technical Overview:
🔹 Weekly Retracement Level: Trading near the golden zone, a key area for potential reversal.
🔹 Daily Supply Zone Confluence: Overlapping supply zone could act as a critical resistance.
🔹 1-Hour Liquidity Sweep: Potential for a liquidity grab before resuming an upward move.
💡 Plan of Action:
Keep a close eye on price action around these levels. A confirmed breakout or rejection could set the direction for the next move.
⚠️ Disclaimer:
🔹 This analysis reflects my personal views and is not a recommendation to buy or sell.
🔹 Please conduct your own research or consult a professional before trading.
What’s your outlook on #RELIANCE for next week? Let’s discuss! 🚀
#StockAnalysis #TradingView #TechnicalAnalysis #MomentumStocks #RELIANCE
USDJPY TRADING POINT UPDATE > READ THE CAPTAIN Buddy'S dear friend 👋
USD JPY SMC Trading Signals 🗺️🗾 Update USD JPY ready for down 👇 trend 📉 technical analysis update USD Already done with.109:600 back down 👇 JPY closed below 157.067
Next support level 156.00
Analysis target we'll see 156.00
MR SMC trading point
Support 💫 My hard analysis Setup like And Following 🤝 me that star ✨ game 🎮
MIDCAP 150, 8th APRIL 2024Midcap Index is again approaching towards the ATH.
No major Demand zones have formed recently, so we can expect the price to take some support from the EMA's or the Demand zone marked ( 17821- 17677) and move up higher.
THIS IS MY PERSONAL ANALYSIS FOR MY PERSONAL TRADING NOT A TIP OR ANY TRADE RECOMMENDATION.
NIFTY 50 VIEW FOR 26 MARCH 2024Nifty making simple LL,LH structure . Expecting it to continue moving down by testing the Supply zone ( 22134 - 22197 ) marked on the picture. If the Protected Swing high get's taken out, we'll change our bias to bullish again.
This is my personal analysis, for my personal trading
Im not SEBI Registered.
Bank Nifty Analysis For 19th March 2024Bank Nifty has made a lot of Imbalance (46345 - 46981 ) to be filled on the down side. spend some time inside the Demand zone marked and then slowly move up towards the high. But looking at the market conditions, it looks like it can break the Demand zone and move down lower.
This is my personal Analysis for my personal trading.
Im Not SEBI Registered.
BTCUSDT DAILY TFAs you see market is filling DAILY POI I already drawn on 15Jun23 @25755.67
That POI worked as a magnet! and we can see price mitigates there price started to fall -14.79%
And now price will fill imbalance which is @23986.92 to @20687.13 PLUS there is a another POI for long side! price will bounce there too.
After that we can expect a New High on BTCUSDT a breakout @32399 that's a previous high on 31May22
OR . . .
If price gives us a breakdown on that POI @20367.48 then price will move towards WEEKLY POI {SKY BLUE} @16812.95 in my opinion that's a strong POI from 21Nov22 is there and not mitigated once!
That means BTC is FILLING FUEL we can see a BULL RUN!
THOSE WHOEVER READING THIS COMMENT YOUR THOUGHT
SMC