Be careful to trade, use M5. Big liquidity every 6 hoursThis month was very bullish, but its volatility is terribly high due to economic uncertainty
Probably could extend until the mid of 2024, could worsen at around March after bad news release
Use pending orders instead of direct orders.
And watch your chart at 5 minute timeframe
Gold still maintain bullish probably until March 9 or March 12
Wait until its retracement at 1850.7 then go long all the way in.
FOMC minute will be held in less than 12 hours, i predict GOLD will go at least 1870
Check the volatility with Volume Flow v6 Indicators, my timezone is in GMT+7
I found that GOLD kinda have liquidity injection every 6 hours
either in buyer side or seller side, you can check it in my analysis..
so whenever that injection coming the market always getting really fast, 1 minute late and you can lose 10 pips for nothing
The reason why i suggest you guys to buy full margin previously is because this bullish trend could last up to 5 months from the start
Cheers, H. Haidar
Gann Fan
Till the timeTill the time IDEA is above this lower green line, for me "sab changa si". Can do wonders like my previous posts. Expecting a master blaster rally within next 2 weeks.
And as always, this one is not for investment, consult your financial advisor before making any investment. lastly market me risk v apna aur Ishq v apna.
Gann fan: target $ 12,000The diagram is drawn based on Gannfan and Pithfan. In the past cycles, the Gann fan ratios have been the support trendline for Bitcoin. Bitcoin's support target seems to be 1/2 Gann fan. According to GannFan, PitchFan, Fibonacci Retracement, as well as the halving date, the possible target and support area of Bitcoin is plotted
Gann fan: target $ 12,000The diagram is drawn based on Gannfan and Pithfan. In the past cycles, the Gann fan ratios have been the support trendline for Bitcoin. Bitcoin's support target seems to be 1/2 Gann fan. According to GannFan, PitchFan, Fibonacci Retracement, as well as the halving date, the possible target and support area of Bitcoin is plotted
GBPUSD - SHORTConsider the formation of South Impulse from Major Resistance Level. Sell on a false breakout! The target is Major Support Level.
GBPUSD - SHORT
ENTRY PRICE - 1.14700
SL - 1.16600
TP - 1.08400
Always follow the 6 Golden Rules of Money Management:
1. Protect your gains and never enter into a position without setting a stop loss.
2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better.
3. Never over-leverage your account.
4. Accept your losses, move on to the next trade and trust the software.
5. Make realistic goals that can be achieved within reason.
6. Always trade with money you can afford to lose.
Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments.
Have a nice day!
Weekly candle to close red suggesting trend continuation
Gann Square, the built-in smart tool of TradingView, is provided with many fans and arcs. Every single one of them, if properly plotted, is considered to serve as S & R. Not to mention their crosspoints.
In this chart, I applied it so that only the strong movements (progressive waves in the E.W. Theory) in the trend direction penetrate the arcs and the crosspoints.
So if the weekly candle closes red, the arc resistance is confirmed together with the trendlines, making any upside to mark HH more difficult (implying a continued downtrend).
Let's check this scenario.
Although this is not textbook theory but my empirical analysis, the light-green shaded zones act as resistance zones like the Ichimoku cloud.
Considered in conjunction with the low of 17600, we would see a large or small rebound there.
However, a move beyond 25k, especially over 28k, within one or two weeks is almost unlikely, given the overhead crosspoints and the likely continued macro downtrend.
Gan Fan 1 x1 (thick black) may serve as support. Watch 16500 if 17600 support is lost.
$BTC Heikin ashi + gann fan + levels for downtrendBTC looks to be topping soon, on a break of 1/1 which I think is likely in April. To help judge important levels to the downside, I created this chart with a Gann Fan and important levels of support/resistance.
If we break the 2/1 level after the 1/1 level, then the 8/1 level is in play. Those will be important levels to watch in the coming months.
EURJPY – SHORTThe possibility of selling from the Major Resistance Level and Supply Zone. Sell on a false breakout! The target is POC level in Demand Zone.
EURJPY – SHORT
ENTRY PRICE - 146.550
SL - 148.000
TP - 142.200
Always follow the 6 Golden Rules of Money Management:
1. Protect your gains and never enter into a position without setting a stop loss.
2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better.
3. Never over-leverage your account.
4. Accept your losses, move on to the next trade and trust the software.
5. Make realistic goals that can be achieved within reason.
6. Always trade with money you can afford to lose.
Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments.
Have a nice day!
NEXT BULL RUN 🚀 ( bitcoin and Altcoin) BITCOIN LONG TERM :
We finally got breakout
Sometimes to stand again
we must fall
and We have already fallen
So.......it's time to go up
Bitcoin gave many opportunities to get rich
Going back to history, the first opportunity was at $2,500 in 2017
The second chance was in 2019 when the price of Bitcoin fell $ 3000
And the opportunity now will be at $ 17500-21000
Get ready for 90000 dollars
It will be a really fast and powerful rise!