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Beyond Technical Analysis

XAUUSD Market OutlookMy current bias on XAUUSD remains bullish, as we are targeting the lower high (LH) around the 3,438 level. However, the market is currently in a pullback phase within the LH & LL. Price has entered an OTA level within a Daily Fair Value Gap (FVG), ranging between 3,370 and 3,333. This presents a potential opportunity for short setups as we move towards the 3,251 level. On the 4-hour timeframe, there's a valid FVG Breaker near our Fibonacci-based OTA level, aligning closely with the 3,251 support zone. This is a key area to watch for bullish confirmations. Any long positions should ideally be considered from this zone. Important Note: When trading gold, patience and discipline are essential. Only act on clear, confirmed setups that align with your strategy. Quality over quantity always wins in the long run.
FXOPEN:XAUUSDLong
by chriss.japheth900
The key is whether it can rise above 3.211 Hello, traders. If you "Follow", you can always get new information quickly. Have a nice day today. ------------------------------------- (TIAUSDT 1D chart) The basic trading strategy is to buy near the HA-Low indicator and sell near the HA-High indicator. However, if the HA-Low indicator falls, there is a possibility of a stepwise downtrend, and if the HA-High indicator rises, there is a possibility of a stepwise uptrend. Therefore, when the HA-Low indicator is first created, the probability of rising is higher than the probability of falling, and when the HA-High indicator is first created, the probability of falling is higher than the probability of rising. If the HA-Low indicator rises and then meets the previously formed HA-Low indicator again, the probability of falling is higher. On the contrary, the HA-High indicator has a higher probability of rising. You should check the movement of the chart with these characteristics in mind. However, you should comprehensively judge the correlation between the OBV indicator and the StochRSI indicator. - From a trend perspective, since the M-Signal of the current 1D chart is < M-Signal of the 1W chart, you can see that it is in a reverse arrangement. Therefore, when trading in a reverse arrangement, it is recommended to trade for a short period of time using day trading. Therefore, if it shows a price that rises above the M-Signal indicator of the 1W chart and maintains the price, it is highly likely that a trend will be formed that can be traded. In other words, when looking at the current price position, it can be seen that it can be traded for a short period of time or longer only when it rises above 3.211 and shows support. - Since the HA-Low indicator is formed at the 2.490 point, the price must be maintained above this point. If not, there is a possibility of an additional stepwise downtrend, so you should think about a countermeasure for this. - If the average purchase price is significantly higher than the current price, you should not buy too much and increase your investment ratio. In this case, it is better to trade with a relaxed mind and faithfully follow the basic trading strategy. However, it is better to trade by increasing the number of coins (tokens) corresponding to the profit realization method and increasing the number of coins (tokens). In other words, trade by purchase price. If you bought 100 USDT at the current price of 2.840, you should sell 100 USDT when the price rises and shows resistance at 3.211. In this case, only the number of coins (tokens) corresponding to the profit will remain. At this time, you should be careful about the transaction fee. Since you have to sell the purchase amount including the transaction fee, the actual selling amount when you place an order is not 100 USDT. The transaction fee rate varies depending on the exchange. For example, if the trading fee is 0.1%, you can trade 100USDT - (100USDT x 0.2%) = 99.8USDT. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Here is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) (3-year bull market, 1-year bear market pattern) I will explain the details again when the bear market starts. ------------------------------------------------------
by readCrypto
The key is whether it can find support at 24.59 and rise Hello, traders. If you "Follow", you can always get new information quickly. Have a nice day today. ------------------------------------- (AVAXUSDT 1M chart) The key is whether the price can be maintained by rising above the M-Signal indicator on the 1M chart. Accordingly, we need to see whether the price can be maintained by rising above 27.47. - (1W chart) The important support and resistance range is the 38.93-51.54 range. Therefore, even if the price is maintained by rising above the M-Signal indicator on the 1M chart, the uptrend can begin only if it rises above the 38.93-51.54 range. If it falls, we need to see whether it can be supported near the volume profile range of 6.54-13.47. - (1D chart) When it breaks upward around 28.67, it is expected that a breakout trade will be possible. However, since an important support and resistance section is formed over the 38.93-51.54 section, a response is needed depending on whether there is support in this section. Therefore, the key is whether it can be supported and rise around 24.59. If not, it is necessary to check whether it is supported around 17.54-19.79. - The basic trading strategy is to buy when supported by the HA-Low indicator and sell when it meets the HA-High indicator. However, if it is supported and rises near the HA-High indicator, it is likely to show a stepwise upward trend. On the other hand, if it is resisted and falls near the HA-Low indicator, it is likely to show a stepwise downward trend. Therefore, since it is currently located near the HA-High indicator, it can be seen that trading is possible depending on whether there is support. However, since the probability of falling is higher than the probability of rising in the HA-High indicator, you should be careful about the investment ratio. Otherwise, you may end up buying at the high point. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Here is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) (3-year bull market, 1-year bear market pattern) I will explain the details again when the bear market starts. ------------------------------------------------------
by readCrypto
Next Breakout Trading Zone: 0.26850 Hello, traders. If you "Follow", you can always get new information quickly. Have a nice day today. ------------------------------------- (DOGEUSDT 1D chart) It is expected that a breakout trade will be possible when the B zone breaks upward. Conditions for a breakout trade: 1. OBV must show an upward trend. If possible, it is good to see an upward breakout of the High Line. 2. It should show that the StochRSI indicator maintains the K > D status. If possible, it is good if K does not enter the overbought zone. If it rises above 0.24651, you should check if the OBV and StochRSI indicators meet the breakout trading conditions. If it fails to rise, you should check if it is supported around 0.21409-0.22958. If the price maintains above the M-Signal indicator on the 1M chart, it is likely to continue the upward trend. - Thank you for reading to the end. I wish you successful trading. -------------------------------------------------- - ​​This is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) (3-year bull market, 1-year bear market pattern) I will explain more details when the bear market starts. ------------------------------------------------------
by readCrypto
1
Next Target: Right Fibonacci Ratio 2.24 (116940.43) Hello, traders. If you "Follow" me, you will always get the latest information quickly. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) It was supported near the Fibonacci ratio 2 (106178.85) and rose to renew the new high (ATH). If this upward trend continues, it is expected to rise near the Fibonacci ratio 2.24 (116940.43). - If it falls, 1st: 102302.08 2nd: 97226.92 3rd: 89294.25 You need to check which of the 1st and 3rd areas above is supported. Since the M-Signal indicator on the 1D chart is passing near the 1st area, if it falls below this, there is a possibility that it will turn into a short-term downtrend. The M-Signal indicator on the 1W chart is still rising around 94K, but since the 97226.92 point is the HA-High indicator point on the 1W chart, I think it is likely to continue the upward trend if it receives support around this area. The 89294.25 point is the HA-Low indicator point on the 1D chart, so if it receives support around this area, it is a good time to buy. - (30M chart) If the price continues to rise by renewing the ATH, it is difficult to set support and resistance points. Therefore, you need to be careful when trading coins (tokens) that are renewing the ATH. Therefore, I think it is better to trade in a short-term trading (day trading) method, but to leave the number of coins (tokens) corresponding to the profit for the profit realization method. In other words, when the price rises and then falls by the purchase price, the method is to sell only the purchase amount (+ transaction fee) to leave the coin (token) corresponding to the profit. When selling, you should not sell the number of coins (tokens), but you should sell only the purchase amount. You do not necessarily have to sell all of the purchase amount, but if possible, it is better to sell close to the purchase amount. The reason is that when the price plummets or turns downward, there is a possibility of psychological pressure. In my chart, the trading strategy is when the HA-Low and HA-High indicators are touched. If it is supported near the HA-Low indicator, it is the time to buy, and when it meets the HA-High indicator, it is the time to sell. However, if it is supported near the HA-High indicator, there is a possibility that a stepwise upward trend will continue, so a split selling strategy is necessary. On the other hand, if it falls after receiving resistance from the HA-Low indicator, it is likely to show a stepwise downtrend, so a split buying strategy is needed. - When you meet the HA-Low and HA-High indicators, if you check the movement of the OBV indicator, it can help you create a trading strategy. That is, when the OBV indicator breaks upwards through the Low Line, High Line, and OBV EMA, the price is likely to rise, and if the opposite happens, the price is likely to fall. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​This is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I will explain more details when the bear market starts. ------------------------------------------------------
by readCrypto
3
Quick flip idea - long at 181.26Today was a rough day for the market, but rough days are opportunities. Days like this require confidence in what you do, though. For me, confidence comes from data. Could there be more downside ahead? Yep. Taking the time to mine data to understand whether what you are doing has been successful in past circumstances where corrections have been involved helps me trade with confidence in these situations. Since May of 2022, this particular setup is 20-1 and has an average return of 1.82% in and average of under 9 trading days. That's over 4x the average daily return of the market overall. Of the 21 trades, all but 3 closed in 6 trading days or less, with 10 of them closing in one day. During that same time, PANW had corrections of 10% or more over a dozen times, and several 20%+ drops. Those results give me confidence that the trade will work out, and more likely than not, do so quickly. I normally don't trade stocks right after earnings, I usually like to wait 3 days for selling pressure to subside, but this setup has proven successful regardless of the proximity to earnings. In fact, some of its best returns are from just after earnings. Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
NASDAQ:PANWLong
by redwingcoach
Gold Price Outlook as Short PatternGold Price Outlook: Gold prices recently experienced strong upward momentum, but have since seen a downside correction without a clear catalyst. The initial decline at the start of the new trading session suggests some hesitation in the market. Currently, price growth appears constrained by two key factors: Resistance zone 3322 / 3370 Support Levels 3270 / 3260 Investors are displaying a cautious "risk-on" behaviour, limiting safe-haven demand for gold A stronger dollar is weighing on gold, making it more expensive for holders of other currencies. I Ned to support from you Guys Lets like and comments for more analysis share with you.
OANDA:XAUUSDShort
by MrMartin_11
Bitcoin Price Growing 110K Next Target BTCUSDT – 4H Chart Analysis Bitcoin appears to be ranging slightly on the 4H chart, likely consolidating after a previous move Recent price action is forming a familiar bullish structure – potentially a breakout + retest scenario If price retests previous resistance as support and shows a strong bullish reaction (e.g., engulfing candles, volume spike), it could confirm buy-side strength. Next major resistance level you've identified is 110,300 USDT – likely a significant psychological or technical level. You can see more details in the chart Ps Support with like and comments I will be Glad
Long
by MrMartin_11