In this video I want to show my trades and history. I do not only show you my winning trades but losing trades as well.
We have now reached a zone that has been hit twice in the past 11 or so years (Jan 19, 2016 and March 19, 2020) as seen on the chart. Will we see this respected zone once again? THIS SELL PROVIDED IS NOT OFFICIAL, ONLY FOR DRAFT!
? Bearish Scenario: Gold is exhibiting a sideways-to-bearish structure today. A potential downside move is expected from the $2,899 - $2,904 resistance zone, with targets at $2,878. ? Retracement & Bullish Pullback: If price stabilizes near $2,899, we may see a temporary bullish move toward $2,910 before another bearish leg resumes. ? Technical Analysis: ? Bearish Bias ? Resistance Levels: $2,899 - $2,904 ? Support Levels: $2,878, $2,870 ? Indicators: EMA: Price remains below key moving averages, favoring sellers. RSI: Trending near the midline, signaling potential downside continuation. Order Blocks & FVGs: Key supply zones identified around $2,904 - $2,910. ? Trading Plan: ✅ Sell Zone: $2,899 - $2,904 ? Target 1: $2,878 ? Target 2: $2,870 ❌ SL: Above $2,910 (invalidation of bearish setup) ⚠️ Alternative Scenario: A break above $2,910 may shift momentum towards $2,920+. ? Stay updated on economic events and USD movements to refine entries & exits! ?
My analysis is based on the same concept, BRB,S&R after manipulation
DOGE may be getting ready for its rehearsal... Price is currently sitting in the 1:1 pocket; along side a High-Volume Node (HVN). HVN's typically act as strong support/resistance because they represent areas where a lot of market participants have already committed to positions. With these two support structures (the 1:1 and HVN) price has the potential to bounce up from here to form a wave up and possibly a reversal. -Not Financial Advice-
Similar to EUR/USD, GBP/USD experienced a strong rally starting in March, breaking above the key resistance level in the 1.2775 zone. Over the past three days, the pair has consolidated well above the broken resistance level, suggesting that another upward spike is likely. However, the 1.30 level is both a significant technical and psychological barrier. If the price reaches this zone, a correction could follow. In conclusion, I’m closely watching the pair, and if we see a spike toward 1.30, I will look for selling opportunities. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
An a-b-c correction from the top could be nearing end. A fresh move to new highs may start in the near future.
Gold technical analysis Daily chart resistance 2892, support below 2800 Four-hour chart resistance 2911, support below 2865 One-hour chart resistance 2900, support below 2880 Gold news analysis: Gold prices fell slightly on Monday (March 10) as some investors took profits, while the safe-haven demand brought about by geopolitical uncertainty provided some support for gold prices. At the same time, the market focused on the upcoming US inflation data to judge the outlook for the Federal Reserve's monetary policy. Spot gold fell 0.22% to $2,883.06 per ounce. Gold prices fell slightly due to profit-taking by some investors and weak stock markets. However, it may be supported by safe-haven buying in the future. U.S. stock index futures fell as the market continued to worry that retaliatory tariffs could affect the growth prospects of the world's largest economy, the United States. U.S. President Donald Trump imposed a 25% tariff on Mexican and Canadian imports last Tuesday and implemented a new round of tariffs on Chinese imports. But just two days later, the Trump administration announced a one-month tariff exemption for most Mexican imports and some Canadian goods, making the market more uncertain. The escalation of the trade war and the risk of a global recession are good news for gold, and gold prices are expected to hit a new record high. If the upcoming US economic data is weak, the gold market will be further supported. Gold operation suggestions: Yesterday, gold fluctuated repeatedly in the Asian and European sessions and was under pressure at the 2918 mark, and then fell back and fell down. The European session fell back and broke through the 2900 mark and continued to fall. It rebounded twice during the session and was under pressure at the 2900 mark. In the US session, it accelerated downward and broke a new low, and finally closed at around 2885. The daily level fell below the 5-day moving average and completely turned into a bearish downward channel. From the current trend analysis, we focus on the one-hour level 2900 and the four-hour level 2911 pressure line on the top, and the 2980-2850 support line on the bottom. In terms of operation, we still sell at highs. The downward channel has been opened, and we wait patiently for key points to enter the market. Sell: 2900near SL: 2905 Sell: 2892near SL: 2897 Sell: 2880near SL: 2885
I feel like I want to be kind this week and share my levels just because so many people are being silly and trying to long a very clear sentiment shift. Listen, I get it, it was bullish and then it wasn't. The market makes things reality faster than the human brain and emotions can accept. You need to be quick to change your tune guys or you're going to continue to sustain losses. I have been doing this for too long and can come across as harsh to some, but I just don't have time for stupidity. Market is bearish, until it isn't. Stop trying to get cute. That said, I am expecting a bounce very soon, we statistically speaking should see a re-test of the ema 200 breakdown within the next few days, if not tomorrow. The numbers on the levels in the chart represent the probability associated with hitting the levels as a %. Stick to day trading IMO and play the levels/support and resistance. Not advice and please please please be safe and use your brain, no your emotions.
1. Trend Identification Bullish Trend: The price has been in a strong uptrend, trading well above the 200-period moving average (blue line), indicating continued buying interest. Current Consolidation: The price is moving sideways near 1.0844 (Point of Control - POC), suggesting accumulation before a potential breakout or breakdown. 2. Key Support & Resistance Levels Immediate Resistance: 1.0885 - 1.0900 (recent highs). Immediate Support: 1.0844 (POC level) – a crucial liquidity zone. Stronger Support: 1.0800 (psychological level and near the moving average). Upside Targets: 1.1000 - 1.1100 (upper channel projection). 3. Volume Analysis Last 120 Bars Volume: Up Vol > Down Vol by 37.23%, indicating strong bullish dominance. Last 60 Bars Volume: Up Vol > Down Vol by 3.44%, showing that buyers are still in control, but with less dominance than the broader trend. 4. Chart Patterns & Projections The projected path (blue and red channels) suggests two scenarios: Bullish breakout above 1.0900, with a move toward 1.1000 - 1.1100. Bearish breakdown below 1.0840, leading to a retracement toward 1.0700 - 1.0600. Trade Setups & Risk Management 1. Long Trade Setup (Bullish Scenario) Entry: Buy on breakout above 1.0900. Stop-Loss: Below 1.0840 (previous support). Targets: First Target: 1.1000 (psychological level). Final Target: 1.1100 (upper channel boundary). Risk-Reward Ratio: 1:3 or better. 2. Short Trade Setup (Bearish Breakdown Scenario) Entry: Sell below 1.0840 (confirmed breakdown). Stop-Loss: Above 1.0900. Targets: First Target: 1.0700 (mid-channel support). Final Target: 1.0600 (lower channel boundary). Risk-Reward Ratio: 1:2 or better.