THE KOG REPORT - WeeklyQuick update on our weekly chart:
As you can see we're above the red box on support which now needs to be broken downside for us to go lower. Most of our traders will recognise a pattern in this chart so we'll say we would like to see an attempt at the upper red box before a potential RIP.
Key level here 2703-16 resistance. 2665-55 support
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As always, trade safe.
KOG
Supply and Demand
Liquidity Trap Detector Indicator (LTD) PAIDLiquidity Trap Indicator - Chart Analysis
This chart demonstrates how the Liquidity Trap Detector Indicator (LTD) detects and highlights Bull Traps and Bear Traps, helping traders avoid false breakouts and reversals.
1. Bull Trap Example:
• Location: Left side of the chart.
• Behavior: Price surged above a critical level, triggering a breakout signal. However, the indicator flagged it as a Bull Trap (green arrow) because the upward move lacked sustained volume and failed to hold above the breakout level.
• Outcome: Price sharply reversed, confirming the trap.
2. Bear Trap Example:
• Location: Multiple instances (center and right side of the chart).
• Behavior: Price broke below a support level, inducing panic selling. However, the indicator identified this as a Bear Trap (red arrow), signaling an unsustainable move due to the absence of follow-through selling pressure and a quick recovery above the dynamic levels (e.g., EMA or VWAP).
• Outcome: Price rebounded, trapping short-sellers and moving higher.
3. VWAP:
• The yellow line represents the VWAP Indicator, providing additional context for trend direction. In several cases, the traps occur near this line, further confirming their validity.
4. Key Takeaways from the Chart:
• The Liquidity Trap Indicator accurately identifies areas where traders might fall victim to market manipulation.
• Each trap signal is accompanied by visible price rejections, reinforcing the indicator’s reliability.
• Green and red vertical zones suggest possible trap periods, visually assisting traders in identifying high-risk areas.
By using this chart and indicator, traders can better manage their risk, avoid common market pitfalls, and gain an edge in identifying reversals before they occur.
GBP/USD Shorts from 1.23000 or 1.25000 back down...My analysis for GBP/USD (GU) this week focuses on the continuation of the bearish trend, as the price has been consistently breaking structure to the downside. I anticipate that the price will follow through and mitigate a nearby supply level, creating an opportunity to capitalize on the current market conditions.
I’ll be looking to take sell positions once the price reaches one of my identified supply levels, such as the 5-hour or 7-hour zones. At these levels, I expect the price to slow down on the lower time frames, signalling a continuation of the bearish trend. If the price moves lower and taps into the 1-hour demand zone, we could see a temporary bullish reaction before the downtrend resumes.
Confluences for GU Sells:
- The price remains very bearish on the higher time frames.
- The DXY is strongly bullish, aligning with this bearish trend for GU.
- A clean supply zone has caused a Break of Structure (BOS) to the downside.
- The market is forming lower lows and lower highs.
- Liquidity below still needs to be taken.
Note: If the price continues to drop without tapping into my POIs, I’ll wait for another break of structure, which may create a new supply zone. Alternatively, I might look for a counter-trend buy from a valid demand zone back up to a supply level.
GBPCHF Buy Trade IdeaHello Traders
In This Chart GBPCHF HOURLY Forex Forecast By FOREX PLANET
today GBPCHF analysis 👆
🟢This Chart includes_ (GBPCHF market update)
🟢What is The Next Opportunity on GBPCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
XAU/USD Shorts from 2,710 back down to 2,660This week, my analysis focuses on the potential weakening of GOLD after its strong bullish performance last week. I’ve noticed that price is building significant trendline liquidity with multiple taps, suggesting that a reversal may be imminent to clear that liquidity.
While the bullish trend is still intact, I’m also considering a secondary scenario. In this case, I expect the price to retrace to around the 4-hour demand zone at 2,660. If the price breaks below this level, it’s likely to clear the trendline liquidity and push further down.
Confluences for GOLD Sells:
- Significant trendline liquidity below, waiting to be taken.
- A 6-hour supply zone has caused a Change of Character (CHOCH) to the downside.
- The price has also shifted structure on higher time frames.
- The point of interest (POI) is at an extreme level.
- For the bullish trend to continue, I expect a retracement back to the 2,660 region.
Note: As we’re now in mid-January, market liquidity is increasing, providing more price action to work with. This makes it likely for GOLD to continue its typical patterns. Let’s stay focused and have a great trading week!
NZDCAD Selling Trading IdeaHello Traders
In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET
today NZDCAD analysis 👆
🟢This Chart includes_ (NZDCAD market update)
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This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD Will be in bearish direction after Breaking ChannelHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NZDUSD is in the Selling DirectionHello Traders
In This Chart NZDUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (NZDUSD market update)
🟢What is The Next Opportunity on NZDUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUDUSD Selling Trading IdeaHello Traders
In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET
today AUDUSD analysis 👆
🟢This Chart includes_ (AUDUSD market update)
🟢What is The Next Opportunity on AUDUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
Gold: Key CPI Report and the Critical $2,700 Resistance** Contrary to the previous analysis, gold posted a significant rally, reaching around $2,700. Two scenarios are under consideration for its next move. The first involves a continuation of the rally, which requires breaking the $2,700 resistance and consolidating above it, a level gold has failed to surpass three times. The second scenario suggests completing a corrective wave in response to the $2,700 resistance.
It is advisable to wait for the release of the U.S. inflation report and assess gold's reaction to this critical resistance before entering a trade.
Long trade
5min TF Entry
Buyside trade
Sat 11th Jan
12.15 pm (NY time)
Pair BTCPERP
NY Session PM
Entry 94017.5
Profit level 94832.0 (0.87%)
Stop level 93914.0 (0.11%)
RR 7.87
Reason; Observing sell-side delivery on Saturday 11th January and reaching a pivotal demand zone on the 5min TF seemed indicative of a buyside trade.
ONE ANALYSIS (3D)Before anything else, pay attention to the analysis timeframe. It is a 3-day timeframe and requires patience.
It appears that from the point marked with the green arrow on the chart, ONE has entered a Diametric pattern.
Currently, it seems to be in wave F of this Diametric. Wave F is bearish.
Within the green zone, buy positions can be considered.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bitcoin will go up only after 5 months in May 2025I am super bullish on Bitcoin but also take a realistic view at the technical charts and fundamentals.
First to look at the fundamentals people are still too bullish the market sentiment is not switched to bearish and panic. That's not a good sign to move up.
The fear and greed index is still on greed, so people are not afraid to loose.
There has at lease to be a reset in the sentiment and I don't see that happen soon.
Everybody is hoping with Trumps inauguration the market will go up. But I believe nothing will happen.
The market will consolidate for a couple of months.
Q1 2025 price will not go up that will create the real fear and doubt that's needed. Because people expect the price will go up in Q1 and that doesn't happen.
People are going to get exhausted because it's taking too long, panic sell, ect.
All this will create a bull flag between 107k and 91k the bull flag will take till may - june.
From that point the price will move up.
Looking at the technicals:
From the last bull flag till now BTC moved 60% up. Looking at the current candles it's doesn't look organic that the price move another 60% within this month. The price has to consolidate to get the fuel to move another 50% to maybe 150K.
It looks so strange technically that BTC will make another bull move from here.I don't see that happen soon.
So off course I'm invested already because I was hoping that the price would move up straight away. But I will exit all my positions for BE. And wait for a better entry.
Because price will test the demand zone at 87K for sure before moving up.
DRIFT new Update (12H)Note: This symbol experiences sharp and volatile price movements. Manage your risk carefully.
Now, it seems that DRIFT intends to move toward the swap zone.
The best area for sell positions is within the supply zone.
Let’s wait and see what happens next.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ETH/USD Analysis ETH/USD trading pair on a 1-hour timeframe. Here’s a description and analysis based on the observed details:
General Trend:
The price of Ethereum against the US Dollar has been in a downtrend after reaching its peak around $3,710.50.
There are notable lower highs and lower lows, indicating bearish momentum.
Current Price Action:
The current price is approximately $ 3,674.91.
Recent candles show some consolidation or sideways movement around this price level.
Indicators:
There appears to be an indicator overlay with green and red shaded areas that might indicate potential buy (green) and sell (red) zones or moving averages.
Trade Setup:
A short position seems to have been taken around the price of $3,374, with defined stop-loss and take-profit levels.
Stop-Loss Level:
The stop-loss for this trade setup is set at approximately $3,524.
Take-Profit Level:
The take-profit target is set at approximately $3,041 as indicated by the label "Take Profit".
Risk-Reward Ratio:
Based on the positioning of entry ($3,374), stop-loss ($3,524), and take-profit ($3,041):
Risk: About 150 points (difference between entry and stop-loss)
Reward: About 333 points (difference between entry and take-profit)
This suggests a risk-reward ratio of about 1:2.
Support & Resistance Levels:
Support Level: Around $3040 which aligns with the Take Profit level.
In summary:
Ethereum has experienced a downtrend recently after peaking near $3710.
A short trade setup has been identified with an estimated entry point at around $3374.
Stop loss for this position is set at about $3524 to manage risk exposure; Take profit target aims for around $3041 aligning with previous support levels creating favorable conditions yielding approximately twice potential profits relative risking amount..
This technical assessment highlights prudent measures involved within active trading strategies employed thereby assisting informed decision-making while navigating market prices efficiently across various intervals encountered along journey pursuing returns..
EURUSD Technical Analysis: No Signs of a Reversal!As noted in the previous analysis, the pair reversed from the identified supply zone. On the daily time frame, aside from the marked support levels, no significant factors suggest a reversal. A key element for a potential turnaround would be the break of the descending trendline, which has yet to occur, requiring patience for now. Additionally, the risk of entering a sell trade under current conditions is high.
Oil Technical Analysis: Breaking a Historical Trendline As anticipated, oil continued its upward movement and has now broken a significant historical trendline. This breakout could pave the way for oil to reach the $80 resistance level.
There is a likelihood of the price touching the marked supply zone, which could attract more buyers. This zone presents a potential opportunity for entering a buy position.