Smartmoneyconcept
Nas100 - End of August Update Hello Traders 🌍
So far so good, as mentioned yesterday. We making lower moves, ultimately i would like to see price move to 19,120 by the end of this week.
Notes
- Price left Friday's high + PWH intact
- Created bearish displacement during NY am session
- Total move plus 250 ticks from London
- 4hr Gap zone showing good price reaction
- Possible US tech selloff
today i am anticipating a move lower, however will sit on my hands until we between 19,630 and 19,666 for OTE, if all works out well.
Remember this is subjective price will tell us around 2:45am to 05:00am where it might want to go.
Trade safe 👌
AUD-USD Local Short! Sell!
Hello,Traders!
AUD-USD has hit a
Horizontal resistance level
Of 0.6800 and a bearish
Pullback is already happening
So we are locally bearish
Biased and we will be
Expecting a further move down
Sell!
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ARB/USDT 15m / D BB & FVG / ELLIOT / LIQUIDATIONS / FIBOAccording to higher timeframes, the market sentiment is bullish. We are moving within an ascending channel with the potential to rise to 0.7416. To increase the probability of this outcome, the price needs to establish itself above the ascending channel.
Locally, within the range of the daily breaker block (D BB) and the daily imbalance (D FVG), three potential entry points are visible:
1. Liquidity grab (Sellside liquidity)
2. 0.5 Fibo
3. 0.618 Fibo / bottom of the ascending channel
4. The target is the local high, which is at the midline of the channel.
Locally, based on the EFIATR oscillator, volume, and liquidation levels, there is a likelihood of growth. According to Elliott Wave theory, a 5-wave pattern and an ABC correction in the 4th wave are visible, which further increases the probability of upward movement.
DXY Local Rebound Ahead! Buy!
Hello,Traders!
DXY was falling sharply
And was locally oversold
So now that it is already
Making a bullish rebound
From the horizontal support
Of 100.520 a further
Bullish correction is
To be expected
Buy!
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GBP-JPY Risky Short! Sell!
Hello,Traders!
GBP-JPY went up in a
Local rebound just as
I predicted but then hit
A horizontal resistance
Level of 192.120 and
We are already seeing a
Bearish reaction so
I think the pair
Will go further down
Sell!
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GBP-USD Will Keep Growing! Buy!
Hello,Traders!
GBP-USD is trading in a
Strong uptrend and the
Pair broke the key
Horizontal level of 1.3150
Which is now a support
And the breakout is
Confirmed so we will
Be expecting a further
Bullish continuation
On Monday
Buy!
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