How to Identify and Trade 'Inducement' Using Smart Money Concepts. Smart Money Concepts (SMC) focus on understanding how institutional traders, such as banks and hedge funds, move the market. One of the most important ideas within SMC is Inducement....
EURUSD 5-Minutes Analysis: Yesterday, the bears tried the stability of local support at elevation 1.15581, but they were unable to open it. Nevertheless, the bullish comeback proved to be so feeble that I view it as merely a temporary stop. The...
GBPUSD Daily Chart Analysis: The price moved southward after testing the daily chart's local resistance level at 1.34965, creating a bearish candle that finished inside the previous day's range. I don't have any thoughts about this pair right now....
Ethereum Daily Market Outlook: Navigating Volatility Compression at Key Price Thresholds Ethereum trades around $1,921 on the daily timeframe, with the market balancing improving institutional demand against a still restrictive macro backdrop. The...
EURUSD Short-Term Analysis: On Monday, there was a lot of volatility in the EUR/USD pair. The pair dropped below 1.15581, a support level at the lower end of the first impulsive zone, as a result of selling pressure. A short-term negative trend is...