TehThomas

TehThomas Updated 

🌍 Market Overview: Currently, EURUSD is showing strength as the US dollar is experiencing bearish pressure, influenced by the recent news regarding tariffs imposed on certain goods. The new tariffs, aimed at curbing certain imports, have created uncertainty around the dollar's stability. This macroeconomic development is creating a favorable environment for the...

TehThomas

Backtesting is an essential part of developing a profitable trading strategy. It allows you to test how your system would have performed in past market conditions before risking real money. In this guide, I’ll walk you through the step-by-step process of backtesting using TradingView’s Bar Replay Tool and other key methods. By the end, you’ll be able to analyze...

TehThomas

Market overview: Daily Timeframe The daily chart is the foundation of this analysis, providing a macro perspective on Bitcoin’s current market structure. Price is trading between two critical zones, one acting as support and the other as resistance. These levels have historically played a significant role in Bitcoin’s price action, making them key areas to...

TehThomas

🔵 Current Market Overview: Gold in Consolidation Gold has been consolidating in a tight range following a strong bullish impulse, as seen in the highlighted zone on the chart. This phase of sideways movement suggests that the market is gathering momentum before the next major move. Consolidation typically occurs when buyers and sellers are in temporary...

TehThomas Updated 

In this analysis, we are observing the potential repetition of market history by comparing the current Bitcoin price action to the previous bullrun cycle. By utilizing Fibonacci retracement levels, historical patterns, and the current macroeconomic landscape, we can formulate a hypothesis that the market might follow a similar trajectory if bearish sentiment...

TehThomas Updated 

The BTC chart shows a clear break in market structure where the bullish trend was invalidated after failing to maintain higher highs. The red zone represents a key support level that previously held price multiple times, showing strong buying interest. However, once this level was decisively broken to the downside, the market structure shifted bearish, confirming...

TehThomas Updated 

The BTC chart illustrates a recent bearish trend culminating in the current price approaching a significant area denoted as the "imbalance zone" (highlighted in blue). This zone is critical in determining the short-term trajectory of BTC. Within this zone lies the golden pocket, which is the area between the 0.618 and 0.65 Fibonacci retracement levels. This...

TehThomas

A lot of people are drawn to ICT trading concepts because they offer a deep understanding of how the markets truly work. With this guide, I want to explain the most popular ICT strategies in a simple and detailed way to help traders navigate these concepts effectively. The Inner Circle Trader (ICT) methodology offers a suite of trading strategies that delve into...

TehThomas

The Visible Range Volume Profile (VRVP) is a powerful tool on TradingView that helps traders identify key price levels where significant trading activity has occurred. It offers a unique view of market structure by highlighting the volume traded at specific price points within the visible range of the chart. Understanding how to effectively use the VRVP can...

TehThomas Updated 

Current market structure shows XRPUSD consolidating at a critical support zone around 2.17, where a confluence of factors could drive the next significant move. 📌 Key Zone: The 2.17 price range aligns with the Golden Pocket (61.8%-65% Fibonacci retracement) and a Fair Value Gap (FVG), creating a strong liquidity zone. This area has been tested several times,...

TehThomas Updated 

LTC is currently at a decisive point, showing signs of bullish momentum — but the next move will depend on how the price reacts to key levels in the coming days. After breaking through the POC (Point of Control) — one of the strongest resistance levels based on the Volume Profile — the price is now at a critical point where both bullish continuation or a deeper...

TehThomas Updated 

Bitcoin has officially broken below the $91,000 support level, a key structural low that previously acted as a strong base for price action. This breakdown is significant, as it signals a shift in market sentiment and opens the door for a potential retest of lower price levels. The first major area of interest now lies in the green Fair Value Gap (FVG) at the...

TehThomas

EUR/USD continues to respect our bullish structure, maintaining higher highs and higher lows within the ascending channel. The Fair Value Gap (FVG) remains a strong support, and price has been consolidating within this zone, showing signs of bullish intent. 🔹 Key Updates: ✅ Price is still holding above the FVG, confirming strong demand. ✅ Higher lows are forming,...

TehThomas

🔹 What is a Liquidity Sweep? A liquidity sweep occurs when price temporarily moves beyond a key level, such as a previous swing high or low to trigger stop-losses and lure breakout traders into bad positions before reversing in the opposite direction. This is a classic smart money technique used to grab liquidity before initiating the real move. Financial...

TehThomas Updated 

Bitcoin is currently sitting at a crucial support level, and what happens next could determine the next big move. The price has been ranging between two key zones, with strong resistance above and a major support area below. Right now, BTC is testing the lower boundary of the range (green zone), which has acted as strong support in the past. However, if this...

TehThomas Updated 

The EUR/USD pair is currently respecting a well-defined ascending channel, displaying clear bullish market structure with higher highs and higher lows. After testing the bottom of the channel three times, price has only made higher lows, indicating a shift in momentum and a strong demand zone. This suggests that buyers are stepping in aggressively at lower levels,...

TehThomas Updated 

XRP is currently trading at a critical support level, sitting within a 4-hour Fair Value Gap (FVG) around the $2.50 mark. This zone has proven to be a strong demand area, with price reacting and bouncing from it multiple times. However, XRP is now approaching a major trendline resistance, meaning a huge move is coming whether bullish or bearish depends on what...

TehThomas

Bitcoin has broken out of its recent consolidation range after a classic liquidity sweep at the lows. As marked on the chart (red line), we saw a significant stop-loss hunt below the previous support level, triggering a cascade of liquidations before BTC swiftly rebounded. This move confirmed bullish intent, allowing Bitcoin to reclaim momentum and push back...