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Gold (XAU/USD) Analysis: Short Setups Shine in a Tight Market! Hey everyone, Skeptic here! After checking out the market today, I’m zeroing in on XAU/USD (Gold) for some prime short opportunities. 😊 Let’s dive into the charts and unpack why this could be a sweet setup. We’ll start with the Daily Timeframe to get the big picture. 📊 Daily Timeframe: The Big Picture Gold’s been riding a strong major uptrend, but we’re now in a corrective phase. Here’s what’s going on: Trend Context: We’ve had a robust bullish trend, with weak corrections and sharp, high-momentum rallies. Double Top Formation: A double top formed, and after breaking its neckline, we’ve entered a secondary corrective trend. Key Levels: Bullish Continuation: A break above the ceiling at 3416.19 confirms the major uptrend’s continuation. Deeper Correction: A break below support at 3126.75 could push us down to 3019.98. Recent Candles: They’re getting smaller and tighter, signaling market indecision. The next few days could define Gold’s direction—up or down. This compression means we need to be ready for a breakout in either direction. Let’s zoom into the 4-Hour Timeframe to find our long and short triggers and understand why this tightness matters. 4-Hour Timeframe: Long & Short Setups After the first corrective wave hit the 3126.75 support, we’ve entered a continuation triangle pattern. Here’s the plan: Short Setup: Trigger: A break below the triangle’s floor at 3206.32 is a solid short opportunity. Why It Works: This is a continuation pattern, so no extra confirmation is needed—price action leads the way. Outlook: Red candles have shown more strength than green ones, and the pattern supports bearish momentum from the prior wave, making a downward break more likely. Long Setup: Trigger: Wait for a break above the resistance at 3249.68 . Confirmation: Look for support from RSI or SMA to boost confidence. Risk Management: Keep position risk low, as the bearish momentum is stronger right now. My Take: I’m leaning toward a bearish move due to stronger red candles and the pattern’s bearish bias. For shorts, use reasonable risk, but for longs, tighten your risk to stay safe. 😎 💬 Let’s Talk! If this analysis sparked some ideas, give it a quick boost—it really helps! 😊 Got a pair or setup you want me to dive into next? Drop it in the comments, and I’ll tackle it. Thanks for joining me—see you in the next one. Keep trading smart! ✌️
FXOPEN:XAUUSDShort
by SkepticWise
3
Skeptic | USD/CHF Analysis: Short Setups Ready to Pop!Hey everyone, Skeptic here! Let’s kick off the week with a sharp USD/CHF analysis, a pair that’s flashing some juicy short opportunities! 📉 Stick around as I break down why this could be a prime setup. Let’s dive in with the Daily Timeframe. 📊 Daily Timeframe: The Big Picture USD/CHF has been rocking a major bullish trend, but in recent weeks, it’s slipped into a secondary corrective trend, pulling back to the 0.382 Fibonacci retracement level. This tells us the bullish momentum is still alive and kicking. The last candle, closed on May 12, was a full bearish engulfing pattern, showing that despite the correction, buyer strength is weak, and sellers are taking over. Because of this, if our short triggers activate, we could ride the continuation of the major bullish trend (likely a typo in the original, as the context suggests a bearish move for shorts) and target levels at 0.81904 and 0.80865 . If 0.80865 breaks, per Dow Theory, the major bullish trend officially resumes, and we can open shorts with more confidence and higher risk. With this big-picture view, let’s zoom into the 4-Hour Timeframe to find our long and short triggers. 4-Hour Timeframe: Long & Short Setups For our short setup, the main trigger is a break below the support at 0.83264 . As you can see, we’ve reacted to this support twice, but each time, we formed lower highs, signaling this support is getting weaker and weaker. This makes a break more likely. You could place a stop sell below this level, but personally, I wait for a breakout candle on the 15-minute timeframe to confirm. For a long setup, I’m not opening longs until we consolidate above 0.83902 and see uptrend momentum return. The risk of hitting a stop loss is too high otherwise, and since we’d be trading against the main trend, sudden reversals are likely, giving us a lower R/R. 😎 💬 Let’s Talk! If this analysis helped you out, give it a quick boost—it means a lot! 😊 Got a pair or setup you want me to tackle next? Drop it in the comments, and I’ll get to it. Thanks for hanging out, and I’ll see you in the next one. Keep trading smart! ✌️
Short
by SkepticWise
1
Skeptic | Solana’s Uptrend Ignites: Big Moves Ahead?Hey everyone, Skeptic here! Let’s kick off this Friday morning with a deep dive into Solana , one of my favorite coins! 😊 In this analysis, I’m breaking down the charts, spotting spot and futures triggers, and exploring what’s next for SOL. Stick with me to the end, and we’ll grow together! <3 Let’s start with the Daily Timeframe. 📊 Daily Timeframe: The Big Picture We’re riding a solid upward channel on Solana’s daily chart. The price has reacted beautifully to the ceiling, floor, and especially the midline, which gives this channel a ton of credibility—we can trust it. After a strong price surge starting October 20 and running through January 25 , we entered a price correction. I expected a pullback to 80.78 , but we corrected to 95.15 instead. Now, we’ve formed a head and shoulders pattern, and the neckline has broken, activating the pattern. This pattern, at the end of a correction, signals a trend reversal and a continuation of the major uptrend. The target for this pattern is the height from the head to the neckline, which takes us to 202.82 —coincidentally, a key resistance level ahead. I expect we might range around that level or, if we break it, it’ll likely be a sharp and messy move. So, plan ahead to avoid FOMO or making rash moves. Our spot entry was at 151.78 , but a break above 202.82 could be another solid trigger, with a stop loss below the support at 147.97 . Don’t FOMO —wait for confirmations from SOL/BTC and Bitcoin’s action. Volume is your friend for spotting momentum, so keep a close eye on it. Let’s zoom into the 4-Hour Timeframe for long and short triggers. 4-Hour Timeframe: Long & Short Setups After breaking the 153.29 resistance, we saw a nice rally, but then we hit some turbulence. If you look closely, the market seems to have formed a symmetrical triangle—the worst pattern for breakout and momentum-based strategies. Why? The market doesn’t care about support or resistance here, making it tough to tell if moves are fake or real. So, what’s the plan? Let’s drop to the 1-Hour Timeframe. The last level we got rejected from was 174.51 . If we revisit this level with rising volume and candles showing buyer strength—think good lower shadows and strong green bodies with high closes—it means sellers pushed the price down, but buyers stepped in and drove it back up. If you see this setup and we break the 174.51 resistance, you can open a long position. For shorts, since the major and secondary trends are uptrends, I’m not giving any short triggers—it’s completely against the trend, and the risk of hitting a stop loss is way too high. Be patient. Wait for this uptrend to fake out and drop below 149.07 —then we’ll hunt for shorts. 🙂 Let’s also take a quick look at SOL/BTC. SOL/BTC Analysis On the daily timeframe, we’ve got a clean head and shoulders pattern for SOL/BTC, with the neckline broken and a pullback to it now. This could lead to a strong rally moving forward, provided it’s not a fakeout and we don’t fall back below the support at 0.0015043. What does this mean? If the market stays in an uptrend, Solana could outperform Bitcoin. And if BTC.D is dropping during a market rally, Solana could see some serious growth. That’s the Solana breakdown! If you’ve got your own technical or fundamental analysis on this coin, I’d love to hear it—drop it in the comments so we can grow together! 😄 💬 Let’s Talk! If this analysis helped you out, give it a quick boost —it means a lot! 😊 Got a pair or setup you want me to tackle next? Drop it in the comments, and I’ll get to it. Thanks for hanging out, and I’ll see you in the next one. Keep trading smart! ✌️
Long
by SkepticWise
1
Skeptic | BTC Breaks $100K: Is the Uptrend Just Getting Started?Hey everyone, Skeptic here! Bitcoin’s finally back above $ 100K , but will this rally keep charging forward? 😊 In this idea, we’re diving into Bitcoin across multiple timeframes , hunting for spot and futures triggers, and wrapping up with a look at BTC dominance. Let’s kick things off with the Weekly Timeframe. 📊 Weekly Timeframe: The Big Picture As I’ve mentioned in previous episodes, the major trend is still a solid uptrend. Why? Per Dow Theory, we’re consistently making higher highs and higher lows. Plus, volume backs this up—rallies come with heavy volume, while corrections see lighter volume. Corrections haven’t even touched the 0.50 Fibonacci retracement level, which all points to the uptrend staying strong. Honestly, I’m not selling my spot holdings right now—this trend’s too good! Let’s zoom into the Daily Timeframe for spot triggers. Daily Timeframe: Spot Triggers Our previous spot trigger was a buy above $ 88,500 , and since it activated, it’s delivered about 18% profit so far—nice! A quick note: if your capital or risk management is too aggressive, please scale back to stay in profit. If you hit a stop loss, risk no more than 2-3% of your total capital—no more. Now, let’s analyze the chart. Over the past four weeks, we’ve kicked off a solid uptrend, and the corrections feel healthy. Volume’s increasing, showing the trend’s got power. After hitting resistance at $ 105,000 , it looks like we’re gearing up for a correction after a three-wave uptrend. Keep this in mind: $ 107,000 is a major resistance and could be a great spot trigger. If we break $ 107,000 , go long with a stop loss below $88,000, risking max 3%. That’s a solid setup. Let’s move to the 4-Hour Timeframe. 4-Hour Timeframe: Long & Short Setups Our previous long trigger at $85,850 was a banger—if you watched the video and went long with 10x leverage, you’re up about 200% . Congrats if you caught it! 🙌 Moving forward, I’ll share some new long and short triggers that could be useful. For a long setup, we need to see a reaction at $ 105,000 again, then break that resistance to open a long. But keep your risk low because we’ve got a major resistance at $ 107,000 looming, and the odds of getting stopped out are higher. I’m saying this now so you don’t complain later! In these conditions, don’t obsess over confirmations from indicators like RSI. Movements are sharp, and by the time you wait for a confirmation, the price has already moved. Stick to your main triggers to open positions. For short setups, I’ve got nothing right now. We’re in a strong bullish trend without even a hint of weakness, so I see no reason to go short. Let any sharp pullback pass first, then we can open shorts with confidence if bearish momentum kicks in. Don’t open shorts against the trend just for a 1% chance of a crash. Patience, patience, patience—that’s the key to success in financial markets. The market’s always been here and always will be, so don’t FOMO or trade against your strategy. Let’s talk BTC.D next, but first, if this has been helpful, I’d appreciate a like and a subscribe—it means a lot! 😊 BTC Dominance (BTC.D) Let’s get a big-picture view of BTC.D—Bitcoin’s share of the total crypto market cap. If this ratio is in an uptrend, liquidity is flowing from altcoins into Bitcoin. If it’s downtrending, it’s moving from Bitcoin to altcoins. Right now, we’re above an uptrend line, so it’s better to go long on BTC since it’s growing faster than most alts. But if the trendline breaks and we drop below 60.27, we can assume an altseason is starting, and that’s when we pivot to buying altcoins. On the daily, BTC.D has been rising nicely, and while some altcoins are starting to wake up, there’s no trend reversal yet. If you check BTC pairs, you’ll notice altcoins are still performing weakly compared to BTC. So, if you’re holding altcoins, it’s better to wait for a clear trend change in BTC.D before buying—that’s the logical move. If you have questions about the analysis or want me to analyze a specific altcoin or symbol, drop it in the comments. BTW, I’m Skeptic! 😄 💬 Let’s Talk! If this analysis helped you out, give it a quick boost—it means a lot! 😊 Got a pair or setup you want me to tackle next? Drop it in the comments, and I’ll get to it. Thanks for hanging out, and I’ll see you in the next one. Keep trading smart! ✌️
by SkepticWise
1
Skeptic |EUR/USD : Bearish Breakout Unlocks Deep Corrections!Hey everyone, Skeptic here! Let’s start this Friday morning with a fresh EUR/USD analysis—some juicy setups are waiting! 😊 Our previous long position after the 1.13485 resistance break turned out to be a fake breakout, hitting our stop loss. But the short trigger I mentioned below 1.12676 activated, hitting a 2:1 R/R with a safe stop loss. Now, we’ve seen a pullback to that broken level, and if the trend continues, we can find more solid triggers. Stick with me to break it all down! Let’s start with the Daily Timeframe. 📊 📅 Daily Timeframe: The Big Picture The upward channel on the daily chart has finally broken , and when we talk about a channel break, we don’t mean a weak one—this was confirmed by two strong bearish candles. We might see a pullback to the channel, but if not, a break below the 1.12006 support could send us into a deeper correction toward 1.08454 . To confirm a full trend reversal, we’d need to see lower highs and lower lows on the daily. So, with this in mind, it’s smarter to take positions in lower timeframes (like 4H or below) in the direction of the current bearish momentum to boost your win rate and R/R. Let’s zoom into the 4-Hour Timeframe for the actionable setups. ⏰ 4-Hour Timeframe: Long & Short Setups After a prolonged box range and a fake breakout above the box’s ceiling, the price has now broken lower and is pulling back. For our short setup, we already have a position open from above at 1.12676 . But after a break of 1.12012 (which aligns with daily support), we can add to our position—with proper capital and risk management, of course. Another confirmation for the short? The RSI entering oversold territory can be a solid signal. Why oversold? We need tools to gauge momentum, like SMA, RSI, or volume (though volume only works well in crypto since forex volume isn’t transparent due to bank transactions, etc. In crypto, every transaction is recorded, so volume is reliable). RSI is one of my go-to tools for spotting momentum shifts, and it’s been a profit machine for me. But remember: oscillators and indicators aren’t entry signals —they’re confirmations for the setups we’re trading. Want to learn more? I could drop a few YouTube videos on RSI alone—it’s worth the deep dive! 📚 For a long setup , we’d need a return to the box range and a break above resistance at 1.13740 to open a long. I’m not giving any long triggers before that because, as we said, the daily momentum has shifted to a downtrend, and we don’t want to trade against the higher timeframe flow. 💬 Let’s Talk! If this analysis helped you out, give it a quick boost—it means a lot! 😊 Got a pair or setup you want me to tackle next? Drop it in the comments, and I’ll get to it. Thanks for hanging out, and I’ll see you in the next one. Keep trading smart! ✌️
Short
by SkepticWise
5
Skeptic | XAU/USD Analysis: Gold’s Next Big Move Is Brewing!Hey everyone, Skeptic here! Let’s kick off the morning with a deep dive into XAU/USD —gold’s serving up some exciting opportunities right now! 😊 Activating our triggers could spark a sharp move, potentially reigniting the major trend from before, so stick with me to the end of this analysis. As always, we’ll start with the Daily Timeframe to get the big picture. Let’s dive in! 📊 📅 Daily Timeframe: The Big Picture It’s clear as day—the major trend is bullish . We’re seeing higher highs and higher lows, which, per Dow Theory, confirms a solid uptrend. After gold hit a peak at 3502.48 , it entered a secondary corrective trend, pulling back to the 50% Fibonacci retracement level. This correction was healthy, and the price action suggests the uptrend still has plenty of juice left. 💪 Post the sell-off candle on May 1, it looks like the correction might be done, and we’re now heading to test the resistance at 3425.31 . If that level breaks, we could see the major uptrend resume with some serious momentum. With this in mind, let’s zoom into the 1-Hour Timeframe to hunt for long and short triggers. ⏰ 1-Hour Timeframe: Long & Short Setups The last trigger I used for a long position was at 3270.75 , and it’s been performing nicely so far. But if this growth is to continue—and the correction is truly over—we’re about to see some explosive moves. The long trigger I’m about to share is worth the risk. Plus, if we don’t enter longs around these levels, it’ll get trickier later. A break above 3494.51 could come with heavy shadows, hunting stop losses, or it might spike too fast, leaving us without a good entry. So, the smarter play is to enter now with lower risk and higher R/R. Here’s the plan: Long Setup 📈 Open a long position after a break above resistance at 3383.61 . Target? The previous ceiling is a good start, but don’t close too early. Enter with the mindset that if the ceiling breaks, you’re already in a position, sitting pretty. Personally, I’m keeping my earlier long from below open, letting those profits run for peace of mind later. 😎 Short Setup 📉 For shorts, patience is key. Wait for a rejection from these levels, followed by a break below support at 3270.75 . That’s when we open a short position. No rush to short just yet—gold’s not showing signs of a momentum shift. But if it does, we could see deeper corrections, so keep both triggers on your radar. 🐻 🧠 Why This Matters Spotting these triggers in a multi-timeframe setup gives us an edge, aligning short-term moves with the bigger trend. It’s all about stacking the odds in our favor. Want more insights like this? Check out my latest article on multi-timeframe strategies —it’s a game-changer! 📚 💬 Let’s Talk! If this analysis helped you out, give it a quick boost—it means a lot! 😊 Got a pair or setup you want me to tackle next? Drop it in the comments, and I’ll get to it. Thanks for hanging out, and I’ll see you in the next one. Keep trading smart! ✌️
FXOPEN:XAUUSD
by SkepticWise
1
Skeptic |EUR/USD Analysis: Key Triggers and Setups for Big MovesHey everyone, Skeptic here! Welcome back to another analysis. Today, we’re diving into EUR/USD , a pair that’s super active and sitting at a critical spot. The triggers I’m about to break down could set us up for some solid risk/reward plays. Like always, let’s start with the Daily Timeframe to get the lay of the land. Here we go! 📊 📅 Daily Timeframe: The Big Picture On the daily chart, we’ve got a clean upward channel that’s been rock-solid, with the price reacting nicely to the floor, ceiling, and midline. It’s hit the floor 4 times and the ceiling 4 times, so this channel is a reliable trigger we can work with. 💪 The 7-period SMA is hanging out above the candles, showing us the bullish momentum is still in play. Friday’s candle was a bullish indecision candle, which hints at a possible break of the channel’s floor. If that break happens, our first target could be 1.12006 . You can clone the channel and slide it lower to spot your next targets and support levels—check the chart below for a visual. Simple and effective! 🔍 ⏰ 4-Hour Timeframe: Long & Short Setups Let’s zoom into the 4-hour timeframe to find our long and short triggers. Here’s what we’re looking at: Long Setup 📈 Wait for a solid break above the key resistance at 1.13485 . That’s our green light to jump into a long position. Targets? We’re aiming for 1.14235 first, and potentially the channel’s midline if the move keeps going. Quick tip: Take some profits at these levels, but don’t close out too soon—let’s milk those R/R ratios! 😉 Short Setup 📉 On the bearish side, watch for a break below support at 1.12676 , especially if the RSI dips into oversold. That could be a strong short trigger , as it’d also confirm a break of the upward channel, opening the door for a deeper pullback. Since we’ve had a decent uptrend, this short setup could be extra reliable if the trigger hits. Let’s stay sharp! 🐻 🧠 Why Multi-Timeframe Analysis Matters A multi-timeframe approach is like having a cheat code for trading. It helps us align the signals we find on lower timeframes with the bigger trends and cycles on higher ones. Want to dig deeper? I just wrote an article on this—definitely worth a read if you want to level up your game. 📚 💬 Let’s Talk! If this analysis helped you out, give it a quick boost—it means a lot! 😊 Got a pair or setup you want me to tackle next? Drop it in the comments, and I’ll get to it. Thanks for hanging out, and I’ll see you in the next one. Keep trading smart! ✌️
by SkepticWise
3
Unlock Trading Success with Multi-Timeframe MasteryIn trading, particularly in the Forex market, a well-defined strategy is crucial for consistent profitability. One of the most effective techniques used by successful traders is multi-timeframe (MTF) analysis. By examining price action across different timeframes (e.g., daily, 4-hour, 1-hour), traders gain a clearer understanding of market structure, trend direction, and optimal entry/exit points. This article explores how MTF analysis works, its benefits, and practical steps to implement it in your trading. 🔍1. Analyzing a Pair Across Multiple Timeframes for Clearer Trend Direction The foundation of MTF analysis lies in identifying the major and minor trends. By analyzing at least two timeframes, traders can align their strategies with the broader market direction while fine-tuning entries on shorter timeframes. ⚡The High Wave Cycle (HWC) Approach To begin, determine your High Wave Cycle (HWC), which depends on your trading strategy and timeframe. For instance: If you trade on the daily timeframe, your HWC might be the monthly chart. If you trade on the 1-hour timeframe, your HWC could be the weekly chart. The HWC helps you identify the major trend. For example, on the daily chart, you might analyze the trend using Dow Theory, pinpoint key support and resistance levels, and identify trendlines or patterns. This gives you a clear picture of the market’s broader direction. Once the HWC is defined, give it significant weight when analyzing lower timeframes for trade setups. For instance, if the daily chart (HWC) shows a downtrend, you’d prioritize bearish setups on the 1-hour chart, even if a minor uptrend appears. Example: SOLUSDT Trade Setup Consider a scenario where the 1-hour chart shows a strong uptrend. The price breaks a key resistance level and a descending trendline, suggesting a potential long position. However, checking the daily chart.. (HWC) reveals a clear downtrend. According to Dow Theory, a major trend reversal requires a confirmed break above the previous high (e.g., $150). Since this hasn’t occurred, the market remains bearish. In this case, MTF analysis guides your strategy: Reduce position size to lower risk, as you’re trading against the major trend. Take profits early, as the price could reverse at any moment. Avoid overtrading by limiting the number of positions until the trend change is confirmed. This approach ensures your trades are aligned with the bigger picture, minimizing losses from false signals. 🎯2. Spotting Entries and Exits by Confirming Trends Across Timeframes MTF analysis not only enhances risk management but also improves the precision of your entries and exits. By confirming signals across timeframes, you can filter out noise and focus on high-probability trades. Example: Bitcoin (May 15, 2021) Let’s rewind to May 15, 2021, during Bitcoin’s post-bull run correction. On the daily chart (HWC), the price formed lower highs and lows, breaking a key support level, signaling a bearish trend and a potential exit for long positions. This indicates that spot traders should sell, and swing traders on lower timeframes should focus exclusively on short positions. On the 1-hour chart, you might spot a minor pullback, tempting a long trade. However, MTF analysis reminds you to align with the daily downtrend, so you’d only consider short setups. This disciplined approach prevents you from trading against the major trend, improving your win rate. 📊The Medium Wave Cycle (MWC) for Added Clarity Between the HWC and lower timeframes lies the Medium Wave Cycle (MWC), which provides an intermediate perspective. For example, if your HWC is the daily chart, the MWC might be the 4-hour chart. The MWC helps confirm the major trend’s strength or detect early signs of reversals before zooming into lower timeframes for entries. By checking the MWC, you can filter out noise and ensure your trades align with both the major and intermediate trends. 💡Conclusion Multi-timeframe analysis is a game-changer for traders seeking consistency and precision. By combining the major trend from your HWC, the intermediate perspective from your MWC, and minor trends on lower timeframes, you can make informed decisions, manage risk effectively, and time your trades with confidence. Start by defining your HWC and MWC, analyzing the major trend, and aligning your entries and exits with multiple timeframes. Pick a pair, test this strategy on a demo account, and share your results in the comments below! With practice, MTF analysis will give you a tactical edge in navigating the markets. 🤍 btw im Skeptic :) & If you found this article helpful, don’t forget to like, share, and follow for more insights and trading strategies! <3
Education
by SkepticWise
10
Skeptic | EUR/USD 4H Range Breakout: Key Long & Short TriggersEUR/USD on the 4-hour timeframe is currently trapped in a consolidation box, where a breakout above the ceiling or below the floor could provide excellent trading opportunities. I’m Skeptic , and in this analysis, we’ll dive into EUR/USD across multiple timeframes to identify key long and short triggers. Stick with me until the end for a complete breakdown! 🚀 Daily Timeframe: Uptrend Context 🟢 On the daily chart, EUR/USD remains within an uptrend channel , maintaining a bullish major trend. Recently, after hitting the channel’s upper resistance, the pair corrected toward the midline, a critical support zone within the channel. However, the reaction at the midline lacked strong bullish momentum, leading to a 4-hour range consolidation . This could signal the end of the correction, potentially setting the stage for a continuation of the downmove toward the lower channel boundary. 4-Hour Timeframe: Range Dynamics 🔍 On the 4H chart, EUR/USD is oscillating between 1.13904 (resistance) and 1.13153 (support) . A key observation: after the initial bounce from the 1.13153 support to 1.13904, subsequent tests of this support failed to push back to 1.13904. This indicates waning buyer strength at the 1.13153 support, increasing the likelihood of a breakout below. Additionally, while bullish candles in this range are larger, we’re seeing smaller, frequent green candles, suggesting buyer exhaustion within the box. For traders eyeing a short setup , this weakening support at 1.13153 offers a compelling opportunity. You can take on slightly higher risk by placing a sell-stop order below 1.13153 instead of waiting for a confirmed breakout candle (this is my personal approach). A short trigger would be validated by a break below 1.13153, with RSI entering oversold as a strong confirmation. Short targets: 1.12692, with a potential extension to 1.12006. For a long setup , a breakout above 1.13904 could signal a resumption of bullish momentum, targeting the upper channel boundary on the daily chart. Wait for a confirmed breakout before entering long to avoid false signals. DXY Correlation: Additional Confirmation 📈 Let’s also consider the US Dollar Index (DXY). After a recent rally, DXY has entered a time-based correction, visible as a pullback to a descending yellow trendline. A break below DXY’s support at 99.195 would reinforce our EUR/USD long setup, while a breakout above the trendline and 99.876 would strengthen our EUR/USD short setup. Both scenarios offer sharp price movements with attractive risk-to-reward (R/R) ratios, making these triggers highly actionable. Final Thoughts 🙌 Thanks for joining me in this detailed EUR/USD analysis! I’m Skeptic, and I share daily forex and crypto insights. If you found this useful, please follow for more content! 🔥
by SkepticWise
1
Skeptic | Bitcoin (BTC/USD) Analysis: Why 85850 is Critical!The breakout above 85,850 could push Bitcoin into a new uptrend phase, potentially driving price toward 90K, 95K, and even 105K in the coming weeks. That’s why this zone is so important. But let me explain why in more detail. ⭐Let’s start with the daily timeframe. After breaking out of its descending trendline, BTC entered a range between 82,800 and 85,850 . Looking at the bigger picture, you’ll see that 88,500 is a key resistance level — and breaking above it could act as a strong trigger. But if you’re not a breakout trader and prefer reactive entries, the 80K–82K zone is a major PRZ (Potential Reversal Zone) based on RSI, Fibonacci, and Pivot Points — meaning it could offer a decent spot-buying opportunity. Just keep in mind: we’re not officially in a daily uptrend yet, so if you’re thinking about spot buying, it’s better to wait for a confirmed higher low and higher high on the daily chart. The long-term target for the next uptrend is around 140K , based on long-term Fibonacci extensions, pivot points, and trend channels. 🔮 Now let’s drop to the 4H timeframe to find some long and short triggers. As you can see, we’ve got a range box between 83,055 and 85,853.89. A long trigger activates after a clean breakout above 85,853.89. A short trigger activates after a breakdown below 83,055. It’s better to use stop buy/sell orders rather than entering at market price, since price may move sharply after staying in this box for quite a while. You can also use this box to set your stop losses. If you’re a reaction-based trader, you could: Short around 85,853 when price reacts there, Or go long around 83,055, depending on your personal strategy. Just remember: crypto markets often fake breakouts, especially during low-volume periods like now. Indicators like RSI, Volume, and SMA can help confirm moves. Understanding momentum — when it’s present and when it’s not — can save you from taking unnecessary trades. Also, the candlestick itself matters a lot: How long is the shadow? What’s the body size and color? Are we getting strong bullish or bearish confirmations? If you want a tutorial on identifying real vs. fake breakouts, let me know in the comments — I’ll make one soon. If you enjoyed the analysis, hit that Boost By the way, I’m Skeptic.
by SkepticWise
1
Skeptic | GOLD: Is the Uptrend Over… or Just Taking a Breather? Welcome back, guys! 👋 I'm Skeptic. Today, we're diving deep into XAU/USD , breaking down the current structure and upcoming trade opportunities. 🔍 Recap & Current Structure: As mentioned in our previous analysis , after the recent uptrend, we've entered a corrective phase. This correction coincides with rising economic tariffs from the U.S. and retaliatory tariffs from the EU and China—particularly targeting U.S. goods. Interestingly, gold, which is typically considered a safe-haven asset, also experienced a decline. This raises a red flag: when even gold falls, it signals that markets are likely pricing in an economic slowdown . Everyone seems to be chasing liquidity. The recession risk is very real, so trade cautiously until a clear trend emerges. Right now, the market is in a state of uncertainty. Given the sharp declines in stocks, gold, and silver, we could see range-bound movement or consolidation this week—and possibly into the next. Despite this, the major daily trend for gold remains upward , although momentum has clearly weakened. If we see a lower high and a confirmed break below support at 2958.53 , that would significantly shift the outlook—potentially leading to a deeper correction or even a trend reversal, especially in case of broader economic recession signals. Let’s zoom into the 1H timeframe for actionable trade setups: 📈 Bullish Scenario (Long Setup): - Trigger : Break & close above 3039.58 - Confirmation : 7 SMA below the candle during breakout + RSI climbing above OB - Invalidation : Rejection and close back below 2994.10 📉 Bearish Scenario (Short Setup): - Trigger : Rejection at 3019.98 followed by a drop below 2958.51 - Confirmation : RSI entering oversold ⚠️ Key Notes: - Risk Management: Avoid overleveraging. Wait for clear confirmations before entering any trade. Stay sharp, stay Skeptical, and I’ll catch you in the next analysis!
FXOPEN:XAUUSD
by SkepticWise
3
Skeptic | EUR/USD: Long and Short Triggers Ahead – Key LevelsWelcome back, guys! 👋 I'm Skeptic. Today, we're diving deep into EUR/USD , breaking down the current structure and upcoming trade opportunities. 🔍 Recap & Current Structure: As mentioned in our previous analysis , after breaking the descending trendline and pulling back, we had created a higher high, indicating a potential move toward the top of the box at 1.09453. Our long trigger at 1.08454 played out well, reaching a 2.77 % upward move! If you followed the idea, you saw the results! Currently, after breaking resistance at 1.09418 , we saw a pullback , and it's now acting as support. We also have a new resistance at 1.10892 , along with a higher high that confirms the uptrend. I’m still looking for long triggers as long as the trend remains intact. However, as we always say, it's crucial to be skeptical and analyze the market from both sides. So, in the coming days, I’ll keep an eye out for both long and short triggers, depending on how the price moves. 📈 Bullish Scenario (Long Setup): Trigger: Break & close above 1.10892 Confirmation: 7 SMA below the candle during the breakout + RSI entering overbought Invalidation: Rejection + close back below 1.09418 📉 Bearish Scenario (Short Setup): Trigger: Rejection at 1.10213 + drop below 1.09418 Confirmation: RSI entering below 42.22 ⚠️ Key Notes: Risk Management : Avoid overleveraging—wait for confirmed breaks before entering. Stay sharp, and I’ll see you in the next analysis!
by SkepticWise
2
Skeptic | Gold Gears Up: Battle Between 3075.66 & 3128Welcome back, guys! 👋 I'm Skeptic. Today, we're diving deep into XAU/USD (Gold) , breaking down the current structure and upcoming trade opportunities. 🔍 📊 Daily Structure: The major trend remains bullish , with Gold showing strong upward momentum. If you've been following my previous breakdowns, you’ll remember I gave long triggers at 2955.31 , 3004.48 , and recently 3057.26 —all of which have played out well. Even if you entered based on your own signals in line with the trend, you should be sitting comfortably in profit. 🕒 1H Structure – What’s Next? After that strong uptrend, Gold has entered a correction phase on the 1H chart. 📰 News Impact: The recent announcement from President Trump imposing sweeping tariffs (10% baseline and up to 54% on China) has created major volatility across markets, including Gold. This geopolitical tension has added momentum to the asset, and we’re seeing it clearly on the chart. 📈 Bullish Scenario (Long Setup): • Trigger: Break & close above 3128 • Since this aligns with the trend, larger targets and longer hold times are justified. 📉 Bearish Scenario (Short Setup): • Trigger: Break & hold below 3075.66 • Manage risk carefully here—use tighter stop-losses and secure profits quickly since this is counter-trend. ⚠️ Key Notes: 🔹 Fundamentals: Heavy economic news flow today = High volatility expected. 🔹 Risk Management: Don’t overleverage. Only enter on confirmed breaks. Stay skeptical, trade smart, and I’ll catch you in the next analysis! 👽📈
FXOPEN:XAUUSD
by SkepticWise
1
Skeptic | EUR/USD at a Crossroads: Breakout or Reversal?Welcome back, guys! 👋 I'm Skeptic. Today, we're diving deep into EUR/USD , analyzing key levels and potential triggers. 🔍Recap & Current Structure: As mentioned in our previous analysis , after the previous uptrend, EUR/USD entered a consolidation phase. Our short trigger at 1.07124 played out well, reaching an R/R of 2—if you followed the idea, you saw the results! Now, we’ve formed a new structure , which is more visible on the 1H timeframe. After breaking the descending trendline and pulling back , we've now created a higher high , indicating a potential move toward the top of the box at 1.09453 . With DXY weakening, the expectation leans towards an uptrend continuation, but we remain flexible—if our short trigger activates, we'll take it as well because we approach the market with a two-sided, skeptical view rather than a fixed bias. 📈 Bullish Scenario (Long Setup): Trigger: Break & close above 1.08454 Confirmation: 7 SMA below the candle during the breakout + RSI entering overbought ]Invalidation: Rejection + close back below 1.07666 📉 Bearish Scenario (Short Setup): Trigger: Rejection at 1.08278 + drop below 1.07666 Confirmation: RSI entering oversold ⚠️ Key Notes: Fundamentals: This Friday is NFP day—a crucial event for the markets. Given the recent uptrend in EUR/USD, a pullback is likely, so stay prepared for both triggers. Risk Management: Avoid overleveraging—wait for confirmed breaks before entering. Stay sharp, and I’ll see you in the next analysis!
by SkepticWise
1
Skeptic | GBP/USD Deep Dive: Major Trend, Trade Setups!Hey guys, welcome back! 👋 I'm Skeptic. Let’s dive into GBP/USD , a pair that’s been in a strong uptrend and has the potential for another solid price jump. We’ll break it down across multiple timeframes , do a deep analysis , and at the end, I’ll share high-probability long & short setups with clear triggers—so stick around! Daily Timeframe Analysis As you can see, GBP/USD has been respecting an uptrend channel , reacting well to both the upper, lower, and midlines —a key characteristic of a strong trend. Each time price makes a jump, it enters a range box (re-accumulation phase) before breaking out to continue the trend. Currently, we’re inside another range between 1.28720 - 1.29883 . A breakout in either direction can give us a trading opportunity, but given the major trend is bullish , I prefer trading in the direction of the trend unless we get a clear reversal signal. 4H Timeframe Analysis The uptrend channel remains intact , and we’re still within the Consolidation phase . We recently saw a fake breakout , which could mean that the next breakout might happen with stronger momentum. Trade Setups ✅ Long Setup: - Entry: After a confirmed breakout of 1.29883 - Confirmation: RSI breaking above 65.33 (which acts as an overbought signal in this case) - Preferred Order: Stop Buy above resistance to catch momentum ❌ Short Setup: - Entry: After a confirmed break of 1.28682 - Risk Management: Since this is against the trend, take quick profits and use a tighter SL to manage risk efficiently. What are your thoughts on GBP/USD? Drop your opinions in the comments! Let’s grow together, not alone. 🚀🔥
by SkepticWise
5
Skeptic | EUR/CAD at Crossroads: 1.55849 vs. 1.53291Welcome back, guys! 👋 I'm Skeptic. Today, we’re diving deep into EUR/CAD, analyzing key levels and potential triggers. 🔍 Market Structure & Current Outlook Looking at the 4H time frame , we initially saw an accumulation phase from February 3rd to February 24th. After breaking out from the accumulation range, price rallied strongly, continuing the major uptrend until 1.58552 . Following this peak, EUR/CAD entered a corrective phase, forming a secondary downtrend that retraced to the 0.5 Fibonacci level. Now, the minor downtrend has broken , signaling a potential continuation of the major 4H uptrend. With strong confluence for a bullish move, we’ll be looking for a long setup, but we’ll also prepare for a potential short trigger in case price reverses. Remember, as traders, we analyze the market from both perspectives and execute based on confirmations—skeptical eyes always! 🔮👽 📈 Bullish Scenario (Long Setup): 🔹 Trigger: Break & close above 1.55849 🔹 Confirmation: 7 SMA below the breakout candle RSI entering overbought zone 🔹 Invalidation: Rejection & close back below 1.54325 📉 Bearish Scenario (Short Setup): 🔹 Trigger: Drop below 1.53291 🔹 Confirmation: RSI entering oversold zone ⚠️ Key Notes & Risk Management 🔹 Fundamentals: This Friday is NFP day, a crucial event that could create volatility in the market. Always consider fundamental catalysts when executing trades. 🔹 Risk Management: Avoid overleveraging. Wait for confirmed breaks before entering positions. Stick to your trading plan and stop-loss strategy. Stay sharp, and I’ll see you in the next analysis! 🚀
by SkepticWise
3
Skeptic | EURCHF: Trend Strength or Weakness? Trade SetupsWelcome back, guys! 👋I'm Skeptic. Today, I’m bringing you a multi-time frame analysis of EURCHF , including both long and short triggers, along with a few educational tips. Let's dive in! --- 🕰️ Daily Time Frame Analysis: After a solid accumulation phase and breaking above resistance, we've successfully shifted the trend to uptrend . Given the major trend direction, it's better to focus on long positions . --- ⏳ 4-Hour Time Frame Analysis: Following the uptrend, we've formed a bullish ascending triangle, indicating a potential continuation. You might think that the RSI downtrend signals trend weakness, but here’s the key point: - Lack of follow-through on the downside shows trend strengt h. If it was genuine weakness, we’d have seen a sharp downward move already. This makes the bias towards long positions stronger . --- 🚀 Long Setup: After breaking the resistance at 0.9649 7, we can consider a long position. A breakout of the RSI trendline to the upside would be an extra confirmation. 📉 Short Setup: To go short, we first need a breakdown from the ascending triangle, followed by a break below the key support at 0.95726. --- 🎯 Target Setting: You can use the height of the triangle or your own support/resistance levels to set targets. I’m not here to tell you where to place your stop loss or take profit since that heavily depends on your strategy, stop size, and R/R ratio. --- 💬 Final Thoughts: I always provide the key levels and setups, but it's up to you to adapt them to your own strategy. Thanks for sticking around until the end of this analysis. See you on the next one!💪🔥
by SkepticWise
5
Skeptic | EUR/USD Breakdown: Key Levels & Trade SetupsWelcome back, guys! I’m Skeptic, and today we’re diving into a multi-timeframe breakdown of EUR/USD. We’ll analyze EURX (Euro Index) and wrap it up with some high-probability trade setups. Let’s get started! 🚀 EURX Analysis Looking at the EURX chart, after a secondary uptrend, we’ve formed an upward channel. When price enters a channel after a sharp uptrend, it typically signals a loss of momentum, increasing the chances of a continuation of the major downtrend—which is exactly what’s happening now. Currently, price is testing a key support at 1037.8 . This is a critical level, and if broken, we can expect further downside for EUR pairs. EUR/USD Technical Breakdown In the 4-hour timeframe, after the previous uptrend, EUR/USD has entered a consolidation phase. However, bearish momentum is more visible: ✔ SMA 7 is sloping downward and positioned above candles, reinforcing selling pressure. ✔ Given the EUR/USD and EURX analysis, we can afford to be more aggressive with short positions while remaining cautious with longs. Trade Setups & Key Levels 📉 Short Setup: Trigger: Break below 1.07124 Confirmation: RSI breaking support at 34.40 & increasing bearish momentum Target: Next support at 1.07154 📈 Long Setup: Trigger: Break above 1.09453 Confirmation: Strong bullish momentum & breakout of consolidation range ⚠ Important: These levels mark the highs and lows of the 4H consolidation zone, meaning whichever way price breaks, it’s likely to continue in that direction. Thanks for sticking around until the end—drop your thoughts in the comments & let me know your setups! See you in the next analysis <3
by SkepticWise
3
Skeptic | DXY Showdown: Battle at 104.403Welcome back, guys! 👋I'm Skeptic Today, we're diving deep into the DXY (U.S. Dollar Index), analyzing key levels and potential triggers. 🔍 Recap & Current Structure: As highlighted in our previous analysis , the major daily support (0.618 Fib) held strong at 103.303 , with price reacting precisely at this level. Currently, the DXY is testing a critical 4H resistance at 104.403 , which aligns with: A 4H consolidation range breakout zone A potential fakeout trap if price fails to sustain momentum The RSI (65.92) suggests building bullish momentum, but confirmation requires a clean break above 104.403. 📈 Bullish Scenario (Long Setup): Trigger: Break & close above 104.403 Confirmation: RSI holding above 65.92 Invalidation: Rejection + close back below 104.000 📉 Bearish Scenario (Short Setup): Trigger: Rejection at 104.403 + drop below 103.936 Confirmation: RSI reversal below 50 + bearish 4H candle close ⚠️ Key Notes: Fundamentals: Recent economic data favors dollar weakness—trade longs cautiously. Risk Management: Avoid overleveraging—wait for confirmed breaks. Stay sharp, and I’ll see you in the next analysis!
TVC:DXY
by SkepticWise
3
How to Actually Do Backtesting?Welcome back guys, I’m Skeptic! Today, I’m gonna break down one of the most important and fundamental skills every trader needs: Backtesting . Backtesting is the very first step on your trading journey and probably the most crucial one. It’s all about putting your theoretical knowledge and trading plan to the test by evaluating them against historical market data. The goal? To see whether your strategy actually works — with what win rate, R/R ratio , and more. But here’s the problem: many traders do it wrong. They end up getting unreliable results, which leads to self-doubt when it comes to forward testing. The real issue is not your strategy but how you conduct your backtest. Let’s dive into the complete process! 💪 🛠️ Tools You Need To start backtesting, you’ll need some software that supports the replay feature, allowing you to move through historical data as if it were live. The best platforms for this are TradingView and MetaTrader . Personally, I use TradingView because it’s super intuitive and has great backtesting capabilities. Also, make sure to choose appropriate timeframes for backtesting that align with your strategy. 🕰️ Choosing Market Conditions: You need to backtest your strategy in all types of market conditions: Uptrend Downtrend Range-bound High Volatility 🚀 Step-by-Step Backtesting 1.Choose the Timeframe: Make sure your backtesting timeframe matches your strategy’s timeframe. For example, if your strategy works on the 4H chart, don’t backtest on the 1H chart. 2.Select Your Strategy: Stick to your written trading plan without improvising. 3.Pick the Asset Pair: Test on at least three different pairs or assets (e.g., EUR/USD, XAU/USD, GBP/NZD) to get diverse results. 4.Define Entry and Exit Rules: Clearly specify your entry, stop loss, and target levels. Never change these rules mid-backtest, even if it seems illogical. In real trading, you won’t have the luxury of endless contemplation. 🎯 Running the Backtest Use the Replay Tool to move through historical data. Never peek at the future price movement. If you accidentally see it, restart from a different point. Open a minimum of 30 positions for each market condition (e.g., uptrend, downtrend, range). Record each trade in a spreadsheet (Excel, Google Sheets, etc.) with the following columns: Date Time Entry strategy Stop loss Target Result (profit/loss as R/R ratio) Exit time 📊 Analyzing Your Results After completing your backtest, it’s time to analyze the data. Key metrics to focus on include: R/R Ratio Win Rate (%) Drawdown (%) Losing Streaks Position Frequency 🚩 Common Mistakes to Avoid Inconsistent Strategy: Changing your rules during backtesting is a no-go. Stick to the plan. Incomplete Testing: Don’t cut corners and always aim for a substantial number of trades. Ignoring Market Conditions: Make sure your strategy is tested in all four market scenarios. Lack of Patience: Just because the first few trades are losses doesn’t mean the strategy is a failure. Sometimes, a losing streak can be followed by a winning trade that covers it all. 💡 Conclusion Backtesting is the beating heart of any trader’s skill set. It builds confidence and lays the foundation for a profitable strategy. If you found this tutorial helpful, give it a boost and share it with your fellow traders. Let’s grow together, not alone! And as Freddie Mercury once said: We are the champions, my friends! :)🏆 Happy trading, and see you in the next analysis! 💪🔥
Education
by SkepticWise
11
Skeptic | Gold Analysis: Risk Management Amid Weakening MomentumWelcome back, guys! I’m Skeptic, and today we’re analyzing XAUUSD. In my previous analysis , our long trigger at 2994.16 was activated, and by now, you should be sitting on an R/R above 5. The major trend on the daily timeframe is s till uptrend , but we’re sensing more trend weakness than ever. ⚠️ This doesn’t mean we skip a long position when our trigger activates—just that we should manage risk more cautiously. On the 1H timeframe , it seems we’ve formed an upward channel , with clean reactions to the mid-line, ceiling, and floor. It’s worth noting that during the formation of this channel: RSI has been declining ADX is also decreasing This indicates reduced trader interest in maintaining the bullish channel and hints at potential trend weakness. Considering all this, we have a slight short bias today, meaning we might assign a bit more weight to the short side. Short Setup: Trigger: Break below 3024.52 (coinciding with RSI entering the oversold zone) Long Setup: Trigger: Break above 3057.64 Thanks for sticking around! Let me know your thoughts, and see you in the next analysis! 💪🔥 Happy Eid to all my Persian friends! <3 :)))
FXOPEN:XAUUSD
by SkepticWise
1
Skeptic | XAU/USD Ready to Break Out? Key Long & Short Setups!Welcome back, guys! I’m Skeptic . Let’s kick off the week with an analysis of XAU/USD , which seems to be giving us a long trigger right now! Let’s break down the 1-hour time frame. 🔍 Market Overview: The major trend on the daily is still uptrend , so it’s best to trade in the direction of the trend (long) . Last week, as per our analysis, we hit a new ATH and managed to break the resistance at 2954.74 . 📈 Current Situation: After a brief consolidation in the 4-hour time frame, a new uptrend momentum seems to be kicking off, which could lead to another price surge and a potential new uptrend. 🚀 Long Setup: Our riskier long trigger will be activated after breaking 2994.16 , and it looks like the current candle is about to break it. For a safer position, we’ll wait for a breakout above 3002.71 . 📉 Short Setup: A short position below 2968.43 could work, although the uptrend momentum is quite strong, so there’s a higher chance of hitting the stop loss . 💡 This week, we have plenty of setups, so make sure to catch all the analyses and stay prepared. Until the next analysis—stay sharp and trade smart! 💪🔥
FXOPEN:XAUUSD
by SkepticWise
3
Skeptic | Weekly Recap: Big Wins, Misses & Lessons!Hey guys! 👋I’m Skeptic , and today I’m gonna do a full recap of the past week’s positions and watchlist. We’re gonna see what worked, what didn’t, and what lessons we learned along the way. Let’s get into it! 🚀 Position Review: What We’ll Cover What was the trigger? What was the result (profit/loss)? Why did it work or fail? I’ll be linking all the relevant ideas so you can check out the full analysis for each setup. Also, if I don’t mention a position, it’s because the trigger I gave hasn’t activated yet. Let’s dive in! 💥 Position #1: XAUUSD (12 March) 📈 4-Hour Time Frame Recently, we saw a breakout of the range box, but the price quickly pulled back inside, indicating that sellers failed to maintain bearish momentum. This suggests that the long-term uptrend is still holding strong. 🔮 Next Move? If we see a break above the 4-hour resistance at 2927.25, it could be a solid signal for continuing the uptrend. The final bullish trigger will be after a breakout above 2954.74, confirming strong upside momentum. 📉 Short Setup: The main short trigger is a break below 2878.84. Once that level breaks, there’s no significant support until 2841.74, so the move could be sharp and quick. Given the importance of this support, expect some volatility and adjust your stops accordingly. ✅ Outcome: The long trigger at 2919 was activated, and we managed to hit an R/R of 5. Reasons for Success: Trading in the direction of the major trend: Always increases R/R and win rate. Strong breakout candle: A solid 4-hour candle showed both buyer strength and seller presence, signaling a great breakout opportunity. Good momentum: Previous corrections were minimal (less than 35% on the Fib retracement), and bullish candles were strong. 💥 Position #2: XAGUSD (12 March) We recently witnessed a range box breakout, but the price swiftly pulled back inside, showing that sellers failed to keep the momentum. The daily major uptrend still looks strong. ✅ Outcome: This position also delivered an R/R of 3. Reasons for Success: Long trade aligned with the trend: Always a safer bet. Sharp reaction to resistance: Breaking strong resistance often results in a sharp move. No major resistance ahead: This allowed the move to extend further, giving us a higher R/R. 💥 Position #3: SPX (14 March) 🔍 Market Overview: The weekly trend is still up, but the daily time frame has entered a corrective downtrend due to trade tariff issues between the U.S. and other countries. This led to the Fed holding off on interest rate cuts, impacting risk assets like stocks and BTC. On the 4-hour time frame, we entered a range box and recently saw a fake breakout to the downside. The price quickly bounced back into the range, showing buyer strength and seller weakness. This gives a slight long bias. ✅ Outcome: Our trigger at 5564.67 activated with a solid indecision candle on the 1-hour time frame. If you took the trade with a safe stop loss, you should be sitting on an R/R of 2 by now. Reasons for Success: Fake breakout recovery: Sellers couldn’t hold the price down, and buyers pushed it back into the range, absorbing liquidity. Lower-than-expected inflation: Improved sentiment and led to a bullish push. Indecision candle confirmation: Signaled buyer presence and seller exhaustion. 💡 Key Takeaway: This week, we managed to secure an R/R of 10, which is fantastic. I’m not gonna brag about how much profit we made, because that number can vary based on each trader’s risk management and position size. A professional trader measures success through win rate, losing streaks, and R/R, not just the percentage of profit made. 🚨 Pro Tip: If anyone claims they make “X% profit consistently,” be cautious—it’s probably a scam. Real traders focus on maintaining consistent risk management and realistic expectations. 💬 Final Thoughts: If you took any of these trades or have similar setups, share your experience in the comments! And if you’ve got any questions or insights, drop them below—I’m here to help and discuss. Let’s grow together, not alone! 💪🔥 Wishing you an awesome weekend!
SPREADEX:SPX
by SkepticWise