VoxNexus

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I experienced a loss on EURCHF yesterday because I predicted the price would only reach level 288 Fib Extension. In fact, the price reached 461.8 Fib extension and made BOS structure. Now the price is returning to almost reach the 25% Fib retracement level (361.8 Fib Extension). Where will the market move? wait until it forms an inducement, and you can create a...

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XAUUSD H1 successfully carried out a sweep in the H1 structure. If the bullish trend continues, there is a possibility of pulling back to level 38.2 Fibo retracement or level 288 Fibo extension. It is also necessary to pay attention to Chair Jerome H. Powell's interview in the Moderated Discussion with Kai Ryssdal at the Federal Reserve Bank of San Francisco...

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XAUUSD entry strategy using RSI trendline & mid-band breakout, combined with Fib retracement in golden zone area.

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The AUDJPY attempted but fell short of breaching the 99 price level. At level 288, the Fibonacci extension initiated a retracement, forming a ChoCh pattern on the H1 timeframe. In the event of a bearish Choch pattern on the H1 chart, the prevailing bias is likely to favor a downward trend, with prices expected to resume their bearish trajectory once the pullback...

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Didn't expect that the chart would go sideways. So I'll set OP until the RSI crosses the trendline as entry confirmation.

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AUDJPY has a similar chart to GBPJPY. My entry strategy is more or less the same as GBPJPY, using RSI trendline break as entry confirmation.

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When we find 2 or 3 POC levels are in the same range between two key price levels. That market is in a ranging situation. Please note, that I used SVP HD indicator in the chart, but the indicator did not show up on this "Publish Idea" section

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The LTF setup gives more precise level when we set OP or TP. But always remember to do multi-timeframe analysis to get a bigger picture of the market trend.

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Alongside the trend movement, this is my 2nd projection on short setup as a minor pullback.

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I've put a 45°trendline slope to ensure that GBPJPY has the potential strong trend or not.

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It is strongly recommended to enter when there is a pullback.

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Long entry when the RSI intersects its trendline, RSI middle band and wait after pullback.

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Short entry when the RSI intersects its trendline (1) and RSI middle band (2).

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Have you ever used RSI break trendline as an entry strategy and POC in the session volume profile as a TP area?

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If you're into breakout strategies, the sweet spot is aiming for a 100-pip range in the SND area on the H4 timeframe. Set your entry points (OP) at the price of five units (2165, 2175...), and don't forget to place your stop-loss (SL) at 100 pips. When the trend rally seems like it's going to stretch out in the H4 ChoCh, I go for a multiple-entry approach,...

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One of the characteristics of a strong trend, apart from changes in ChoCh in the HTF, is the degree of slope of the movement at 45-50 degrees.

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EURUSD has exhibited a bearish trend as indicated by the formation of a bearish ChoCh on the H4 timeframe, coinciding with reaching the 288 Fibonacci extension level. Nevertheless, there're a divergence in RSI, suggesting the possibility of a bullish opportunity emerging in the forthcoming week.

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The XAUUSD pairing has established a Choch pattern on the H1 timeframe, attaining the 75% level in Fibonacci retracement and the 288 level in Fibonacci extension. If the candles can break the H1 structure, then the bias will change to bearish.