Multiple grabs on that bottom so we longing. After multiple wicks in a key psychological area I'm placing a trade with a 1:2 RR and i am 100% ok with the moves that take place next. The long wicks at resistance above the move don't scare me because of the fact that the wicks below are larger. Considering all this my analysis should not fail me even though currently I am half way through draw down I will try to post all my trades this current week online. Because this week is very much calling to me.
Hey Rich Friends, Happy New Year! This year, I will be posting more Gold Analysis videos that will be just like my Forex ones. If it is helpful, and you learn something, you can follow me here :) After reaching an all-time high last week, I think Gold will be retesting lower levels before it continues to buy. Here is what I am looking at: - The market hit a swing high at 2817.09 before it started to sell and create lower highs at 2806 and 2791. - Structure was broken on the downside at 2785 triggering my first sell stop. - The STOCH is facing down, the slow line (orange) is above the fast line (blue), and both lines have crossed below 80% and 50% making this a strong bearish confirmation for me. - I believe that the next levels to be hit will be 2775, 2770, 2760 and potentially as low at 2746 if it closes below the 200 EMA. Now overall, Gold is on the up and up but that doesn't mean that we cannot make money on shorts. I encourage you to check the news, cross reference your own charts and indicators and make the best decision for your account! Peace and Profits, Cha
two interesting area for quick scalp as new entries will come in around here fresh catalyst with risk on impact can turn them into runners information created and published doesn't constitute investment advice! NOT financial advice
second try :) was so a lot of liquidation , and that looks like a hatch
FOREXCOM:EURUSD Did you miss the dump? Was it tariff chatter? Could be numerous of items weighing on the market makers over the weekend... But if you know the Ichimoku Cloud, and what it could tell us, it just may be a safer way to analyze our charts. What we can take away from the EUR/USD 4H, there was a bearish opportunity to participate in. Trade safe...
If anyone took 25 % fall overnight , enjoy Bulk profits
Following prior trends from this bull run, we should expect to see a sharp pullback from market open until Tuesday at the latest. Whenever golden fib is hit and we see a proper reversal. Once reversal is formed we will target prior high, then our inverse fibs + psychological levels Good luck traders!
Hello Traders, Here’s our 12H chart analysis and target updates: ? Previous Chart Review Key Resistance: Identified 2,790 as a critical resistance level, anticipating a potential reversal. Buy Signal: Recommended waiting for EMA5 to cross and hold above TP1 (2,745) as confirmation for a bullish move toward TP2 (2,786) & TP3 (2,826). Dynamic Support: Highlighted the FVG zone (2,745) as a key support area. ? Outcome ✅ All targets and entry levels (marked with Golden Circles) were achieved as predicted. ✅ EMA5 crossed above TP1 (2,744), leading to TP2 (2,786) being achieved. ✅ Resistance at 2,790 was broken. ❌ TP3 was nearly reached but reversed after EMA5 failed to cross and hold above TP2 (2,786). ? What’s Next for GOLD? The daily candle closed above TP2 (2,786), but EMA5 failed to sustain above it. This suggests a potential short-term reversal. ? Key Levels ? Support: Strong support expected from the FVG zone and Gold Turn Levels (2,770, 2,745 & 2705). ⚠️ Downside Risks If EMA5 crosses and holds below 2,770, the next target shifts to 2,745. If EMA5 crosses and holds below 2,745, the downside extends toward 2,705 (Retracement Range). ? Bullish Path A bounce from support could retest TP2 (2,786) and potentially extend toward TP3 (2,826). ? Trading Recommendations ? Short-Term Trades: Utilize 1H and 4H timeframes to capitalize on dips at Gold Turn Levels, targeting 30–40 pips per trade. Focus on shorter positions in this range-bound market to navigate volatility. ? Long-Term Bias: We remain bullish and view pullbacks as buying opportunities. Buying dips from our marked levels provides better risk management rather than chasing tops. ? Final Note Trade with confidence and discipline—our precise analysis ensures you’re well-equipped to navigate the market. Stay tuned for daily updates and multi-timeframe insights. Best regards, ?? The Quantum Trading Mastery
------------------------------- Summary: -------------------- I think the bad news about Tariffs is mainly what is responsible for the current dip. But what are the chances it will develop into a dump? Going by trends and Fibonnaci support levels, 93.5K is my buy in. ~7% off of a 100K Bitcoin seems too attractive to pass up. But there is the slight possibility of further FUD pushing the price down. A fall below 90K might be a drop further to the sub 80Ks. But do Bitcoiners really care? Stacking sats. ---------------------------------------------- Thanks for reading!
The OTHERS.D chart represents the total market caps of all coins excluding the top 10. This chart can help you identify the strength of altcoins and the times to scale into altcoins. In the past, during bull markets, we’ve seen OTHERS.D experience huge rallies, but always prior to this happening, we see "altcoin capitulation," where OTHERS.D corrects hard, causing fear and uncertainty across the board for altcoins. This is the necessary step that has to happen in order for things to "align" before the actual alt season comes — the one when real rotation money flows from Bitcoin into altcoins, something we have yet to see for the vast amount of altcoins across the board due to Bitcoin being very strong. The chart here is kept as simple as I could keep it, because I tend to think we overcomplicate things. Per cycle, there are 3 components: 1. Bottom 2. Mid-cycle rally 3. Deep and nasty correction across the board for altcoins We either put in a double bottom for the OTHERS.D chart or we go on to have a "bear trap" / "spring" event. Both come with major altcoin capitulation across the board. These painful times serve as great opportunities for those who buy the fear and sell the greed. Invalidation of this idea would be a weekly close below 8.22%.