My confluences are marked on the chart. For more information why I think like that and for more explanations and facts follow me so you won’t miss my next ideas where I will explain everything.
Gaps can be powerful indicators for spotting potential price movements. They often represent areas where market orders overwhelm supply or demand, creating an imbalance. In this chart, I’ve identified a clear gap (imbalance) on the EUR/USD 1-hour time frame, and I want to share my thoughts on how you can trade them effectively. Why Gaps Matter: Liquidity...
Current Situation: Bitcoin's current price is approximately 94,862 USD, with a 3.21% drop. On the weekly time frame, there is a strong upward trend where the price has climbed from lower levels to a new high above 90,000 USD. The last correction stalled in the 65,000–70,000 USD zone (highlighted in red on the chart), confirming this as a strong support area. ...
One of the most common mistakes traders make is entering trades impulsively. Waiting for confirmation—such as a clear break of structure or a retest—can save you from unnecessary losses and improve your win rate significantly.
Motivation gets you started, but discipline keeps you going. In trading, the difference between success and failure is often your ability to stay consistent, even when things get tough. Always remember: ➡️ Losses are temporary, but quitting is permanent. ➡️ Small, consistent progress beats impulsive big wins. Discipline is the bridge between your goals and...
Fear of Losses" "As traders, we often fear losses, but it’s important to understand that losses are part of the game. Instead of avoiding them, we should learn from them. Here's how I’ve learned to overcome this fear: 1️⃣ Accept losses as part of the process. 2️⃣ Focus on consistent execution, not on short-term results. 3️⃣ Develop a mindset that values...
Why did I choose this trade? Trend Analysis and Bias: -On the 4-hour (4H) chart, the price is in a downward correction but approaching a significant support area (Buy Zone) near 159.274, where I expect buyers to take control. -My bias for the upcoming week is bullish, based on the overall market structure and key technical confirmations. Key Structures and...
Why did I choose this trade? Trend Analysis and Bias: -On the 4-hour (4H) chart, the price is in a downward correction but approaching a significant support area (Buy Zone) near 159.274, where I expect buyers to take control. -My bias for the upcoming week is bullish, based on the overall market structure and key technical confirmations. Key Structures and...