GOLD will break ATH (▲▲▲)
🔥 DELTA7 Trend Score: ▲▲▲
💡 Quick Analysis:
Monthly ▲ - Monthly still showing on-going momentum. Pullback likely to be a reaccumulation
3 Monthly: ▲ - Solid widespread trending candle. Next 6months there a good chance retrace for stop hunt on the open of that level.
6 Monthly: ▲ - Price currently above yearly/semeter open which is a resistance range.
______________________
Word of appreciation to all people following finding bits of my content useful in shaping their own thinking. I appreciate the words. 🙏
Improving your thought process is 10x more useful than just following signals or trade-setups. That is generally my main goal, impact the mind.
Be aware, following trade setups that become extremely popular are more likely get smart-money and whales working against you.
Keep this in mind that nothing is ever static in the market. Likewise, pattern setups or other type of set-in-stone setup will cause you drawdowns and getting stopped more often than not.
The key is adapt with the flow and be opportunistic as the market evolve and pay attention to higher timeframes, always.
The hindsight clout game on successful trades is irrelevant. All that matters is your own PnL. How you manage risk, money and your emotions.
If you are just following other's setups its is just a question of time until you lose all your money over time. Yes, its going to happen.
In these videos seek to capture strategic thinking not tactical setups or counter trade popular ideas just for the shake of counter trading.
"The most contrarian thing of all is not to oppose the crowd but to think for yourself." - Peter Thiel
Everything is supply, demand, fear and greed. That is it!
Supply and demand is what dictate scarcity and the different push/pull forces in the market and smart money, market makers and other liquidity providers will use "Fear and Greed" as a tool/framework to drive emotional reaction from retail and other players prone to these traps.
Best! 👊✌️
D7R
💡 Quick Analysis:
Monthly ▲ - Monthly still showing on-going momentum. Pullback likely to be a reaccumulation
3 Monthly: ▲ - Solid widespread trending candle. Next 6months there a good chance retrace for stop hunt on the open of that level.
6 Monthly: ▲ - Price currently above yearly/semeter open which is a resistance range.
______________________
Word of appreciation to all people following finding bits of my content useful in shaping their own thinking. I appreciate the words. 🙏
Improving your thought process is 10x more useful than just following signals or trade-setups. That is generally my main goal, impact the mind.
Be aware, following trade setups that become extremely popular are more likely get smart-money and whales working against you.
Keep this in mind that nothing is ever static in the market. Likewise, pattern setups or other type of set-in-stone setup will cause you drawdowns and getting stopped more often than not.
The key is adapt with the flow and be opportunistic as the market evolve and pay attention to higher timeframes, always.
The hindsight clout game on successful trades is irrelevant. All that matters is your own PnL. How you manage risk, money and your emotions.
If you are just following other's setups its is just a question of time until you lose all your money over time. Yes, its going to happen.
In these videos seek to capture strategic thinking not tactical setups or counter trade popular ideas just for the shake of counter trading.
"The most contrarian thing of all is not to oppose the crowd but to think for yourself." - Peter Thiel
Everything is supply, demand, fear and greed. That is it!
Supply and demand is what dictate scarcity and the different push/pull forces in the market and smart money, market makers and other liquidity providers will use "Fear and Greed" as a tool/framework to drive emotional reaction from retail and other players prone to these traps.
Best! 👊✌️
D7R
D7R
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