4H Timeframe
An update and closer look at yesterday's analysis.
As we can see, price has already entered the bearish FVG and been rejected quite strongly. It's now forming a bearish flag. Roadmap remains, the green support zone is the next target.
Please open Telegram to view this post
VIEW IN TELEGRAM
❤78👍20🔥20👏4💯1
Data Trader
4H Timeframe
There is a bit of a detour, price retesting back to the bearish FVG level.
However, price has fully broken down from its bearish flag pattern and is slightly closer to the green support zone.
We should see further downside from here, with the red resistance zone as the closest pullback target for BTC.
Please open Telegram to view this post
VIEW IN TELEGRAM
❤65👍27💯1
1H Timeframe
As not much has changed, here is a closer look into Bitcoin's price action.
The 4H bearish FVG is still holding strong, reflected by the rejection we saw just now.
From here, price should rebound a bit, however the green support zone will be the next target.
Please open Telegram to view this post
VIEW IN TELEGRAM
👍33❤32👀13🔥11👏3
Data Trader
4H Timeframe
Bitcoin seems to be breaking out of its short-term bearish trendline.
Although it's a weak one, but It's best to keep an eye out for further strength and possibly a retest back onto the trendline for a potential long setup.
The previous candle only wicked out of the trendline, so let's see how this current one forms.
Please open Telegram to view this post
VIEW IN TELEGRAM
❤54👍15🔥15
Data Trader
4H Timeframe
Price is slowly breaking out from its minor bullish penant pattern.
Still too early to call for a breakout, but it's a start.
Don't expect much price action as we're coming into the weekend, I believe we will see more chop until next week.
Please open Telegram to view this post
VIEW IN TELEGRAM
❤60👍19🔥3👀1
4H Timeframe
Yesterday's bullish pennant has fully played out.
That resistance level has now flipped into support, also aligned with a bullish FVG formed by the pump, further confirming the area as solid.
There's a big chance bitcoin will revisit the support zone before continuing to rally.
Please open Telegram to view this post
VIEW IN TELEGRAM
❤87👍26👀12🔥9👏4
📊LONDON SESSION ANALYSIS: XAUUSD
Gold broke through the previous resistance and keeps climbing, now heading straight toward the bearish OB above. That zone is where sellers could step back in.
TRADE PLAN:
🔴SETUP #1: ORDERBLOCK REJECTION
1) Price reaches the bearish Orderblock (OB) at $4,178 zone
2) Wait for bearish confirmation through candlestick patterns or a market structure shift before entering SELL trades.
🟢SETUP #2: FVG BOUNCE
1) Price reaches the bullish Fair Value Gap (FVG) at $4,138 zone
2) Wait for bullish confirmation through candlestick patterns or a market structure shift before entering BUY trades.
Gold broke through the previous resistance and keeps climbing, now heading straight toward the bearish OB above. That zone is where sellers could step back in.
TRADE PLAN:
🔴SETUP #1: ORDERBLOCK REJECTION
1) Price reaches the bearish Orderblock (OB) at $4,178 zone
2) Wait for bearish confirmation through candlestick patterns or a market structure shift before entering SELL trades.
🟢SETUP #2: FVG BOUNCE
1) Price reaches the bullish Fair Value Gap (FVG) at $4,138 zone
2) Wait for bullish confirmation through candlestick patterns or a market structure shift before entering BUY trades.
❤85👍31🔥19👀8👏2
📊NEW YORK SESSION ANALYSIS: XAUUSD
Gold bounced hard off the lows and is now testing the underside of the resistance zone, with sellers still defending it for now. A clean break above could finally take price out of this range.
TRADE PLAN:
🟢SETUP #1: RESISTANCE BREAKOUT
1) Price breaks above the resistance zone at $4,168 zone. The candle must fully close outside the zone, wicks do not count.
2) Wait for price to retest the breakout zone and hold there
3) Look for bullish confirmation in a form of candlestick patterns or a market structure shift before entering BUY trades.
🟢SETUP #2: FVG BOUNCE
1) Price reacudhes the bullish Fair Value Gap (FVG) at $4,138 zone
2) Wait for bullish confirmation through candlestick patterns or a market structure shift before entering BUY trades.
Gold bounced hard off the lows and is now testing the underside of the resistance zone, with sellers still defending it for now. A clean break above could finally take price out of this range.
TRADE PLAN:
🟢SETUP #1: RESISTANCE BREAKOUT
1) Price breaks above the resistance zone at $4,168 zone. The candle must fully close outside the zone, wicks do not count.
2) Wait for price to retest the breakout zone and hold there
3) Look for bullish confirmation in a form of candlestick patterns or a market structure shift before entering BUY trades.
🟢SETUP #2: FVG BOUNCE
1) Price reacudhes the bullish Fair Value Gap (FVG) at $4,138 zone
2) Wait for bullish confirmation through candlestick patterns or a market structure shift before entering BUY trades.
❤48👍16🔥6💯1
Data Trader
📊NEW YORK SESSION ANALYSIS: XAUUSD Gold bounced hard off the lows and is now testing the underside of the resistance zone, with sellers still defending it for now. A clean break above could finally take price out of this range. TRADE PLAN: 🟢SETUP #1:…
📊NEW YORK SESSION ANALYSIS UPDATE:
SETUP #2 is playing out! Price pumped +115 Pips from the zone.
The Setup met our BUY criteria by bouncing off the bullish FVG at $4,138.
If you took the trade, secure partial profits and move your Stop Loss to Break Even.
SETUP #2 is playing out! Price pumped +115 Pips from the zone.
The Setup met our BUY criteria by bouncing off the bullish FVG at $4,138.
If you took the trade, secure partial profits and move your Stop Loss to Break Even.
❤46👍14🔥14💯4🤝2
Data Trader
4H Timeframe
A bit of a closer look, Bitcoin is rising slowly, nearing its previous high at $87,400.
I think a breakout is imminent and the chart speaks for itself.
A correction towards the green FVG and bullish trendline would be a solid area for an entry.
Please open Telegram to view this post
VIEW IN TELEGRAM
1❤61👍21👀5
Data Trader
📊NEW YORK SESSION ANALYSIS: XAUUSD Gold bounced hard off the lows and is now testing the underside of the resistance zone, with sellers still defending it for now. A clean break above could finally take price out of this range. TRADE PLAN: 🟢SETUP #1:…
I’m thinking of sharing my XAUUSD trading plans for both the London & New York sessions EVERY SINGLE DAY.
How are you guys liking them so far? 👀
How are you guys liking them so far? 👀
7❤344👍110🔥64💯21👏20
How many of you trade Gold and wants to see more XAUUSD Analysis here?
Anonymous Poll
88%
Yes, I trade gold
12%
No, I don't trade Gold
2❤53💯15🤝3
📊LONDON SESSION ANALYSIS: XAUUSD
Gold pushed higher but got wicked back down before tagging the resistance zone, and is now cooling off with the support zone back in focus.
TRADE PLAN:
🟢SETUP #1: SUPPORT BOUNCE
1) Price reaches the support zone at $4,123 zone
2) Wait for bullish confirmation through candlestick patterns or a market structure shift before entering BUY trades.
🟢SETUP #2: RESISTANCE BREAKOUT
1) Price breaks above the resistance zone at $4,150 zone. The candle must fully close outside the zone, wicks do not count.
2) Wait for price to retest the breakout zone and hold there
3) Look for bullish confirmation in a form of candlestick patterns or a market structure shift before entering BUY trades.
Gold pushed higher but got wicked back down before tagging the resistance zone, and is now cooling off with the support zone back in focus.
TRADE PLAN:
🟢SETUP #1: SUPPORT BOUNCE
1) Price reaches the support zone at $4,123 zone
2) Wait for bullish confirmation through candlestick patterns or a market structure shift before entering BUY trades.
🟢SETUP #2: RESISTANCE BREAKOUT
1) Price breaks above the resistance zone at $4,150 zone. The candle must fully close outside the zone, wicks do not count.
2) Wait for price to retest the breakout zone and hold there
3) Look for bullish confirmation in a form of candlestick patterns or a market structure shift before entering BUY trades.
2❤93👍21🔥13
Data Trader
📊LONDON SESSION ANALYSIS: XAUUSD Gold pushed higher but got wicked back down before tagging the resistance zone, and is now cooling off with the support zone back in focus. TRADE PLAN: 🟢SETUP #1: SUPPORT BOUNCE 1) Price reaches the support zone at $4…
📊LONDON SESSION ANALYSIS UPDATE:
SETUP #2 is playing out! Price pumped +62 Pips from the zone.
The Setup met our BUY criteria by breaking above the resistance zone at $4,150 and formed a retest.
If you took the trade, secure partial profits and move your Stop Loss to Break Even.
SETUP #2 is playing out! Price pumped +62 Pips from the zone.
The Setup met our BUY criteria by breaking above the resistance zone at $4,150 and formed a retest.
If you took the trade, secure partial profits and move your Stop Loss to Break Even.
2❤75👍15🔥15💯4
Data Trader
📊LONDON SESSION ANALYSIS UPDATE: SETUP #2 is playing out! Price pumped +62 Pips from the zone. The Setup met our BUY criteria by breaking above the resistance zone at $4,150 and formed a retest. If you took the trade, secure partial profits and move your…
📊LONDON SESSION ANALYSIS UPDATE:
SETUP #2 keeps running! now up +307 Pips from the zone.
The Setup met our BUY criteria by breaking above the resistance zone at $4,150 and formed a retest.
If you took the trade, secure partial profits and move your Stop Loss to Break Even.
SETUP #2 keeps running! now up +307 Pips from the zone.
The Setup met our BUY criteria by breaking above the resistance zone at $4,150 and formed a retest.
If you took the trade, secure partial profits and move your Stop Loss to Break Even.
❤52👍14🏆7💯4👏2
📊NEW YORK SESSION ANALYSIS: XAUUSD
After rallying quite a bit, gold has flipped the previous resistance level into support, with price now pulling back and the bullish FVG back in focus.
TRADE PLAN:
🟢SETUP #1: FVG BOUNCE
1) Price reaches the bullish Fair Value Gap (FVG) at $4,159 zone
2) Wait for bullish confirmation through candlestick patterns or a market structure shift before entering BUY trades.
🔴SETUP #2: FVG REJECTION
1) Price reaches the bearish Fair Value Gap (FVG) at $4,184 zone
2) Wait for bearish confirmation through candlestick patterns or a market structure shift before entering SELL trades.
After rallying quite a bit, gold has flipped the previous resistance level into support, with price now pulling back and the bullish FVG back in focus.
TRADE PLAN:
🟢SETUP #1: FVG BOUNCE
1) Price reaches the bullish Fair Value Gap (FVG) at $4,159 zone
2) Wait for bullish confirmation through candlestick patterns or a market structure shift before entering BUY trades.
🔴SETUP #2: FVG REJECTION
1) Price reaches the bearish Fair Value Gap (FVG) at $4,184 zone
2) Wait for bearish confirmation through candlestick patterns or a market structure shift before entering SELL trades.
2❤67👍21🔥12💯4
Data Trader
1H Timeframe
Bitcoin has been moving in a sideways recently and not much has changed.
Price is still hovering above the green FVG and bullish trendline.
Key economic indicators are just around the corner, so that might be the sentiment needed to push things through.
For now, the roadmap remains, as long as this level holds, we should see BTC rally to a higher high.
Please open Telegram to view this post
VIEW IN TELEGRAM
2❤61🔥12👍9
📊LONDON SESSION ANALYSIS: XAUUSD
Gold is still chopping sideways inside a tight range, with a recent push higher getting wicked back down before reaching the resistance zone.
TRADE PLAN:
🟢SETUP #1: SUPPORT BOUNCE
1) Price reaches the support zone at $4,125 zone
2) Wait for bullish confirmation through candlestick patterns or a market structure shift before entering BUY trades.
🔴SETUP #2: RESISTANCE REJECTION
1) Price reaches the resistance zone at $4,144 zone
2) Wait for bearish confirmation through candlestick patterns or a market structure shift before entering SELL trades.
Gold is still chopping sideways inside a tight range, with a recent push higher getting wicked back down before reaching the resistance zone.
TRADE PLAN:
🟢SETUP #1: SUPPORT BOUNCE
1) Price reaches the support zone at $4,125 zone
2) Wait for bullish confirmation through candlestick patterns or a market structure shift before entering BUY trades.
🔴SETUP #2: RESISTANCE REJECTION
1) Price reaches the resistance zone at $4,144 zone
2) Wait for bearish confirmation through candlestick patterns or a market structure shift before entering SELL trades.
3❤69👍20🔥8💯7
📊NEW YORK SESSION ANALYSIS: XAUUSD
Gold dumped hard with one massive bearish candle, but buyers stepped in at the lows and price has been recovering steadily since.
TRADE PLAN:
🟢SETUP #1: RESISTANCE BREAKOUT
1) Price breaks above the resistance zone at $4,118 zone. The candle must fully close outside the zone (wicks don't count)
2) Breakout must be followed by strong momentum, either a large bullish candle or multiple consecutive candles pushing in the breakout direction.
3) Once momentum is confirmed, look to enter BUY trades
🟢SETUP #2: SUPPORT BOUNCE
1) Price reaches the support zone at $4,049 zone
2) Wait for bullish confirmation through candlestick patterns or a market structure shift before entering BUY trades.
Gold dumped hard with one massive bearish candle, but buyers stepped in at the lows and price has been recovering steadily since.
TRADE PLAN:
🟢SETUP #1: RESISTANCE BREAKOUT
1) Price breaks above the resistance zone at $4,118 zone. The candle must fully close outside the zone (wicks don't count)
2) Breakout must be followed by strong momentum, either a large bullish candle or multiple consecutive candles pushing in the breakout direction.
3) Once momentum is confirmed, look to enter BUY trades
🟢SETUP #2: SUPPORT BOUNCE
1) Price reaches the support zone at $4,049 zone
2) Wait for bullish confirmation through candlestick patterns or a market structure shift before entering BUY trades.
2❤57👍9🔥9💯4
Data Trader
1D Timeframe
Bitcoin is dumping heavily right now, breaking down from its intraday bullish structure.
The closest support zone sits at around $82K, which is the previous resistance level.
Another key level to watch out for is the 200-day MA, now catching up at $80K.
If we can see a combination of the MA and support zone all in one area, that should be a very strong support area.
Please open Telegram to view this post
VIEW IN TELEGRAM
2👍36❤21🔥7