Based on the plan I made for the week, I anticipated that the price of XAUUSD wouldn’t drop below 2735. However, the result was that on just Monday alone, the chart dropped significantly, breaking through all 3 demand zones I had planned for. Therefore, today we’ll adopt a day-to-day strategy. For today, the focus will be on selling since the price has shifted CHoCH at 2735 in both H1 and H4. We will wait for the chart to retrace to our POI zone , form a CHoCH in the smaller timeframe , and then look for an entry point from the newly created supply zone."
We have been short from the highs, and took back around 21,190 yesterday. Overall, the view is not changed, as we should see a larger correction unfold. I suspect we wilol test 20,000 in the near term. Strategy SELL @ 21,325-21,375 and take profit at 20,350 for now.
Sell opportunity for swing traders. Price performed a choch out of the LQD built since 2023 and this could possible be a sign of EURUSD bleed in the first 6 months of 2025. If price made a retest and reject as indicated in the chart, then an opportunity door is opened.
Hello Everyone, Here’s the latest update on the GOLD 12h chart Analysis we’ve been monitoring and trading. Below is a comprehensive breakdown of the current range we’ve been tracking. However we now have Candle body closing above TP1 (2765) with a gap at 2826. Now we will need ema5 cross and lock above TP1 (2765) to further confirm next bullish target. Otherwise if ema5 rejects this level, price will bounce for MA21 correction or further down to ENTRY LEVEL (2705). We need to look and watch this area carefully. Now we will have to wait and see the reaction of ema5 either it cross and lock above TP1 (2765) or below, then it will confirm the next direction. Key Updates: Strong Resistance level at 2790. 12H chart- MA21 correction is DUE Key Updates: Bullish Targets: TP1: 2765 TP2: 2826 TP3: 2877 If EMA5 cross and love above ENTRY LEVEL at 2765, the next bullish target is TP2 (2826). If EMA5 crosses and locks above TP2 (2826), it will open the bullish target to TP3 (2877). Bearish Targets: TP1: 2708 TP2: 2664 TP3: 2626 If EMA5 reject to cross and lock above 2765 and reverse below this level, it will open bearish target to 2708 If EMA5 cross and lock below ENTRY LEVEL at 2705, the next bearish target will be 2664. If EMA5 cross and lock below 2664, the next bearish target will be 2626 Short-Term Strategy: We will use smaller timeframes (1H and 4H charts) to buy dips at weighted levels, aiming for clean 30-40 pips per trade. Ranging markets are ideal for this strategy, avoiding longer holds that risk being caught in volatile swings. Long-Term Bias: Our long-term outlook remains Bullish, and we view drops as opportunities to buy dips, using our predefined levels and setups on smaller timeframes. The QUANTUM Trading Mastery
Looking for DBR scenario for Gold for price to bounce off the supply for me to buy
Jim Cramer says "you should own Bitcoin, Bitcoin is a great thing to have in your portfolio." Thanks Jim Have a good day, short full leverage if we are not back above 105k in the end of month
At now 2725 area zone supply strong coz one time market tap and it’s rejection is good and we gonna see market pump 150 pips Bull so there is market is in stuck sideways wait for break Range and Market fall more and then it’s going to be crazy new ATH. First we saw entry point at 2725-2728 area zone if this level is valid wanna Gold fall more and Will buy from 2720 . Bull run target is 2770 and after this level break Gold mark new ATH 2800 Half of Trades are closing at 2750 for safe side.
Bearish setup confirmed by: 1️⃣ Trend Analysis: Lower highs, bearish structure intact. 2️⃣ Reaction-Action Space: Strong rejection at key resistance. 3️⃣ Momentum Divergence: hidden bearish div 4️⃣ Price-Volume Divergence: Rising price with declining volume = weak buyers. Thoughts? Let me know! ?
LBTYB, looking for long position. Price is very low and you can also check the divergence on MACD. This idea may have no stop loss for my strategy. I will only close if I see any weak pattern. Risk is key.
I believe litecoin is in a ABC correction currently in C wave I believe it will do a False breakout to the downside then rip to the upside. 103 area would be .618 of wave A if wave C is equal to wave A then we could see 80-82$ area either way my first buy is at the bottom trend line then I will wait for price action.