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SMC-ICT

USDJPY Potential Forecast | 28th March 2023Fundamental Backdrop 1. Plenty of uncertainty surrounding the banking and financial system/ USD. 2. JPY continues to be the more stable currency. Technical Confluences 1. Price in a strong bearish trend with price under the Ichimoku cloud 2. Lower lows and lower highs are being formed 3. Price can potentially retest the support level at 129.82. Idea Looking for bearish trend continuation and for price to tap into the key support level at 129.82. NOT FINANCIAL ADVICE DISCLAIMER The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas. We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades. Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks. OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
Short
by OlympusLab
XAUUSD | GOLD | DECRYPTERS | Hi welcome To Team Decrypters Detailed Analysis On GOLD :- --Expecting Retracement on DXY & BONDS - --Bearish Harmonic Setups- --Divergence - --Retracement is DUE ( 50% - 60% ) - -- Premium zone / IMB / V- Liquidity - -- Pith fork Top- -- Double top / Triple Top- -- Daily Tweezer Top - --Reminder We have Cup & Handle and Bull Flag on MONTHLY chart of Gold ( I Seriously Think We will see ALL TIME HIGH In GOL this year) NOTE :- We May still see A move to the Upside for next 1-2 Weeks ( 5-12 April ) Personal Opinion :- ( I still Think we should see a wick to the upside before proper downward in Movement )
FOREXCOM:XAUUSDShort
by DECRYPTERS
AUD/NZD - Selling pressure is on with the INV C and H and SMC Inv C&H formed on Daily. We are now waiting for a break below the brim level. Once this happens, will confirm a fantastic position to go short. 200>21>7 - bearish RSI<50 Target 1.03686 SMC Buy side liquidity formed on the top of the Handle which made an Order block (Where the big boys sweep in the buying with retail traders - and offload their own positions). This creates the selling pressure and inclination for prices to drop. Confirms a good short position is on the way.
Short
by Timonrosso
GBPJPY Potential Forecast | 23rd March 2023Fundamental Backdrop 1. GBP inflation came out strong and paves way for more hawkishness from the BOE and rate hikes. 2. JPY continues to be the dove. Technical Confluences 1. Price is currently on a higher timeframe bullish trend 2. Price could tap on the H4 resistance above (red zone) 3. Price have cleared the previous daily low Idea Looking for the price to head towards the H4 resistance at 166.04. NOT FINANCIAL ADVICE DISCLAIMER The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas. We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades. Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks. OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
Long
by OlympusLab
TRADE UPDATE: Pepkor is still short and winning but can move upThe Pepkor Large Head and shoulders broke below the neckline and showed serious selling. The trade has been a long hold but definitely worth it. For 1, the price is moving down constantly - without any worry 2. We are making profits daily because of Short Interest income. So I'm happy to hold the short to R16.00 or so. On the SMC side (Smart Money Concepts) It is showing some upside to come. We have had a BOS (Break Of Structure) to the upside as the previous candle closed above the wick of the previous candle. This tells us there is a shift in the market where we can get some upside. However, it will be short lived to around R18.30... Then we can expect the price to turn back down and head to our target.
JSE:PPHShort
by Timonrosso
SMC analysis - AUD/JPY LONG to 90.00Yen - Nearly ready to buy SMC (Smart Money Concepts) Potential BOS (Break of Structure) is forming, But remember, there needs to be a complete CLOSE above the previous HIGH in order to confirm. Some signs that we are seeing upside to come are the lower wicks (3 times). This could be buying pressure from Smart Money as they are sweeping sell side liquidity from Retail traders. My first target of liquidity will simply be a 50% level between the swing high and swing low (Gann box or Fib level - same thing). Target 90.00 YEN
Long
by Timonrosso
2
BHG showing downside to come but with a LOW probability - SMCInv Cup and Handle (Bearish) formed which the price broke below. Price>200 - Bullish This is conflicting which shows sideways movement. Target R451.27 Low prob trade due to SMC Read below SMC The price is at the moment in an Order Block (Sell Side Liquidity) Look at previous levels of supports (it's all around here at R514.70.) This is where Orders get the long (buyers) out of the market which sells their positions and the Big Guys buy which pushes the price up. With price above 200SMA and with the Order Block - It's for this reason the long trade is a LOW probability one. WHich I'm probably going to leave alone as there can be chop in the next few days.
JSE:BHGShort
by Timonrosso
1
NASDAQ USTEC showing Medium term upside to 14,764 YES!W Formation formed on the larger scale. We then had the price break above and come right back down in a form of a flag formation. The big test was to 200MA which it tested touched and formed a LOL. SMC: LOL = (Level of Liquidity) Sell SIde Liquidity. That's where the market drops, tackles all the selling orders(sweeps the longers out) and it gets the big boys in. This means, we can expect the price to rally quite a bit. 7>21>200 RSI>50 (Higher high Target 14,764
NASDAQ:NDXLong
by Timonrosso
UPDATE: USDJPY looking great for downside to 126.48 - SMC updateRising Flag formed on USDJPY The price broke down and showed further drop to come. We also had peripherals confirming. 200>21>7 - Bearish RSI<50 Target 126.48 With SMC (Smart Money Concept) First when the price broke below the Rising Flag it also made a Change Of Character (CHoCH). This just means, it broke the uptrend and into a downtrend, which confirmed. In terms of looking for supports (Level of Liquidity), we can look at previous levels. Which you can see where the target is a LOL and Sell Side Liquidity order block. I'm happy to keep holding short for now.
Short
by Timonrosso
EURUSD Potential Forecast | 20th March 2023Fundamental Backdrop 1. ECB most recently hiked rates by 50bps. 2. USD continues to face uncertainty and volatility due to the SVB crisis. 3. All eyes will be on the FOMC meeting and the Fed Fund Rate. 4. More dovish on the USD will lead to EURUSD heading higher. Technical Confluences 1. Support level at 1.0519 where price rejected off. 2. Price can potentially come up to tap into the resistance level on the H4 at 1.0794. 3. Price action continues to be very choppy. Idea EURUSD have further potential for bulls and I am anticipating for price to continue heading up. NOT FINANCIAL ADVICE DISCLAIMER The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas. We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades. Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks. OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
Long
by OlympusLab
2
GOLD | NASDAQ | OIL | DECRYPTERS Hi people Welcome To Team Decrypters We Expecting RETRACEMENT From GOLD Soon ( 2.5% -3% Retracement ) We Expecting Bullish NASDAQ ( At least for short term ) We Expecting A RANGE ( LIQUIDITY GENERATION ) IN OIL and continue to distribute ( LIQUIDTY DISTRIBTUION) to the Above side , In Near Future we expect to OIL to break 80 -82 Level and hit for 88 -92 Level Apart from these Events we Also Think Banks will be SAVE eventually will be By printing Money But for now FED needs to Crush economy They can't let inflation climb Higher In our view Expect a 25 BPS Rate hike ATLEAST and hawkish statements after wards We also Expecting Recession in LAST QUARTER of this year
OANDA:XAUUSD
by DECRYPTERS
2