GOLD: The Bullish Trend Remains Intact In our previous analysis, we anticipated the price to rise above 2665 for another bullish wave. As we can see, the price has already made this movement with relative ease. The way it is holding above this new support zone indicates further growth. Although it's not rising like a rocket, Gold is developing well from 2633 to its current level of 2680, in line with our previous analysis. You may watch the analysis for further details! Thank you!
Since 2023, CAKE's lowest price has been $1.050. Entering the bull market, CAKE is in a bullish trend when viewed on a daily timeframe. However, some imbalances and demand areas need to be cleared before CAKE continues its bullish trend. There are a few scenarios: CAKE will take out demand in the $1.908 - $2.022 area and continue its rally CAKE closes the imbalance and sweeps the demand area at $1.577 - $1.770 to resume its rally Bullish failure if price drops past $1.050 Of course, if the higher low at $1.552 is broken, the next support is $1.20. Disclaimer: This is not a financial advice.
Be careful with the corrective ABC pattern leading to Wave 5. Red line resistance Anchored VWAP from high of wave start. Fibs drawn from C minor of 4 major Wave and not (4) to c minor.. to get resistance levels. Be careful because Wave 3 (C) is the longest wave. Nice long ride
OANDA:XAUUSD has broken through the critical resistance zone at 2,663 - 2,654, confirming a strong uptrend. After this breakout, the price is heading towards the next target at 2,740 - 2,750 within the ascending channel. The EMA 34 and EMA 89 are currently providing dynamic support, with the EMA 34 at 2,644 acting as a critical level in the event of short-term corrections. If the price reverses and breaks below the support zone at 2,654 - 2,644, selling pressure could push the price down to 2,634. Factors Influencing Gold: On the news front, the U.S. Non-Farm Payrolls (NFP) data to be released tonight will play a key role in determining gold's next move. Weak NFP data could increase expectations for a Fed rate cut, weakening the USD and boosting gold prices. Conversely, strong data could push U.S. Treasury yields higher, putting downward pressure on gold. The 10-year U.S. Treasury yield continues to rise, raising concerns about prolonged high interest rate policies. At the same time, geopolitical risks from the Middle East and Eastern Europe are sustaining safe-haven demand, supporting gold prices. Short-Term Trading Strategy: It is recommended to buy in the support zone of 2,663 - 2,654, with a profit target at 2,740 and a stop-loss below 2,644 to protect against downside risk. Additionally, if the price quickly surpasses the resistance level at 2,692, the bullish momentum could accelerate sooner than expected. The NFP data and signals from the Fed will be crucial for adjusting trading strategies in the coming sessions.
https://www.tradingview.com/x/YjHyccU8/ Hello, Friends! We are targeting the 0.510 level area with our long trade on NZD/CHF which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
i would like this token to be even on binance spot, i see a huge potential to this project and probably i will have under my radar very closely. my bad luck it is that i had to travel yesterday and i could not pay attention to the market and voila, big jump..
Introduction In the fast-paced world of forex trading, understanding institutional moves is crucial. The 15-minute timeframe provides the perfect balance between actionable signals and structural clarity. By combining Smart Money Concepts (SMC), Change of Character (CHoCH), and Breakouts, you can build a robust strategy to identify high-probability trades with minimal risk. Why Focus on the 15-Minute Timeframe? Clarity in Price Action: Reveals institutional footprints like liquidity sweeps and order blocks. Less noise compared to lower timeframes (1-5 minutes). Faster Setups: Quick entry/exit compared to swing trading on higher timeframes. Perfect for traders who prefer multiple opportunities within a day. Scalability: Can be used for scalping or short-term intraday trading. Key SMC Concepts Explained 1. Change of Character (CHoCH) CHoCH is one of the most reliable indicators of a trend reversal. What is CHoCH? A shift from a bullish structure (higher highs and higher lows) to a bearish one (lower highs and lower lows) or vice versa. Indicates a potential reversal or start of a new trend. How to Identify CHoCH? Look for a liquidity sweep (stop-hunt) near significant highs or lows. Wait for the market to break the most recent structural high/low (depending on the direction). Confirm a new trend by observing a strong impulsive move. 2. Liquidity Zones Liquidity is where institutions execute their large orders. These areas act as magnets for price action. Common Liquidity Areas: Double Tops and Double Bottoms: Retail traders’ stop-loss zones. Trendline Liquidity: Stops placed along support or resistance trendlines. Session Highs/Lows: Focus on the Asian session’s range for liquidity traps. 3. Order Blocks (OBs) Order blocks represent areas where institutions place large orders before a significant move. How to Use OBs for Entries: Identify untested OBs near a liquidity zone. Wait for price to return and mitigate (test) the OB. Use CHoCH or a breakout confirmation for precise entries. 4. Breakouts Breakouts often occur after a liquidity sweep and signal continuation. However, combining breakouts with CHoCH gives them much higher reliability. Key Breakout Tip: A breakout should follow a liquidity grab and lead to a CHoCH for confirmation. Step-by-Step Strategy: Combining SMC, CHoCH, and Breakouts Analyze the Higher Timeframe: Use the 4-hour timeframe to identify the primary trend (bullish or bearish). Identify Liquidity Zones: Highlight key areas where liquidity may be resting (double tops/bottoms, Asian session highs/lows). Wait for a Liquidity Sweep: Watch for price to grab liquidity above/below these zones. Look for CHoCH: Bullish CHoCH: Price breaks a lower high (LH) after sweeping liquidity below a low. Bearish CHoCH: Price breaks a higher low (HL) after sweeping liquidity above a high. Confirm with a Breakout: Wait for price to break a significant level with momentum after CHoCH. Mark the Order Block (OB): Identify the last bullish/bearish candle before the impulsive move. Enter the Trade: Place a limit order at the OB. Stop Loss: Just beyond the OB. Take Profit: Nearest liquidity zone or a 3:1 risk-to-reward target. Example Trade Setup: Bullish Reversal Scenario: 4-hour trend is bullish, but the 15-minute chart is showing a pullback. Steps: Price sweeps liquidity below a double bottom. A CHoCH occurs as price breaks a recent lower high (LH). A 15-minute bullish OB forms near the breakout level. Entry is placed at the OB. TP targets the next double top or a key resistance level. Annotated Chart: (Include a chart with the liquidity sweep, CHoCH, breakout, OB, and TP levels clearly marked.) Pro Tips for 15-Minute SMC Trading Patience is Everything: Wait for liquidity sweeps and CHoCH before entering. Higher Timeframe Bias: Ensure your trades align with the 4-hour or daily trend. Use Volume Indicators: Spot strong breakouts with increased volume. Refine Entry Timing: Use the 5-minute timeframe for precise entries within the 15-minute OB. Journal Your Trades: Record setups to refine your understanding of CHoCH and SMC. Common Mistakes to Avoid Ignoring Liquidity Sweeps: Jumping into trades before a proper liquidity grab often leads to losses. Rushing into Breakouts: Many breakouts fail without CHoCH or a clear liquidity sweep. Neglecting Risk Management: Always set stops and respect your risk limits. Why This Strategy Works This approach combines: The precision of the 15-minute chart. Institutional trading mechanics (SMC and OBs). Clear reversal signals (CHoCH). The momentum of breakouts after liquidity grabs. Together, they create a strategy that aligns your trades with smart money while minimizing false signals. Conclusion The 15-minute timeframe offers a unique opportunity to blend precision and profitability. By mastering CHoCH, liquidity sweeps, and breakouts, you can elevate your trading game and consistently capture high-probability setups. If you enjoyed this guide, give it a like, share it with your trading community, and follow me for more insights!
https://www.tradingview.com/x/i3cMTUXJ/ Hello, Friends! GBP/CAD is making a bearish pullback on the 12H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 1.790 level. ✅LIKE AND COMMENT MY IDEAS✅
That trendline liquidity is craaazy until 2630 ! I would love NFP to help sell around 500 pips to grab all that liquidity. I would NEVER trade NFP, but if that sell happens, at the bottom, we will have a beautiful buy swing position to take that will at least take us 1000 pips higher. Lets see what happens .
https://www.tradingview.com/x/9rZYIFs7/ Hello, Friends! It makes sense for us to go long on GBP/AUD right now from the support line below with the target of 2.022 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅