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π Trading Education β Step Index M1
The chart shows a bullish structure followed by a pullback and recovery.
Trendline: Price respected the rising trendline, showing bullish momentum.
Higher Highs: The market formed higher highs during the main upward move.
Pullback: After reaching the upper area, price retraced and created a short-term correction.
Support: The recent low near the rising trendline acted as an important support zone.
Confirmation: Price bounced from support and moved back toward the 7591β7592 resistance area.
Force (13): The indicator is fluctuating around the middle zone, suggesting momentum is currently not extremely strong
Key lesson: Donβt enter only because price touches a trendline. Wait for a clear rejection/bounce and confirmation from market structure before taking a trade Always use proper risk management
The chart shows a bullish structure followed by a pullback and recovery.
Trendline: Price respected the rising trendline, showing bullish momentum.
Higher Highs: The market formed higher highs during the main upward move.
Pullback: After reaching the upper area, price retraced and created a short-term correction.
Support: The recent low near the rising trendline acted as an important support zone.
Confirmation: Price bounced from support and moved back toward the 7591β7592 resistance area.
Force (13): The indicator is fluctuating around the middle zone, suggesting momentum is currently not extremely strong
Key lesson: Donβt enter only because price touches a trendline. Wait for a clear rejection/bounce and confirmation from market structure before taking a trade Always use proper risk management
π Trading Education β XAUUSD M1
This chart shows a short-term bearish structure developing after multiple pullbacks.
Trend structure: Price has been making lower highs after the previous upward moves.
Trendline: The recent rising trendline was broken, showing weakening bullish momentum.
Resistance: The 4347β4350 area acted as a rejection zone.
Current level: Price is now testing the 4339β4340 support area.
Momentum: The Force indicator is below its recent stronger levels, suggesting selling pressure has increased.
Key lesson: When an ascending trendline breaks and price starts forming lower highs, avoid blindly buying. Wait for support confirmation or a clear breakdown/retest before considering the next setup
Always confirm with structure + momentum and use proper risk management
This chart shows a short-term bearish structure developing after multiple pullbacks.
Trend structure: Price has been making lower highs after the previous upward moves.
Trendline: The recent rising trendline was broken, showing weakening bullish momentum.
Resistance: The 4347β4350 area acted as a rejection zone.
Current level: Price is now testing the 4339β4340 support area.
Momentum: The Force indicator is below its recent stronger levels, suggesting selling pressure has increased.
Key lesson: When an ascending trendline breaks and price starts forming lower highs, avoid blindly buying. Wait for support confirmation or a clear breakdown/retest before considering the next setup
Always confirm with structure + momentum and use proper risk management
XAUUSD Price has completed a 5-wave bullish impulse, followed by a complex W-X-Y-X-Z correction.
The market is currently testing the potential bottom of Wave Z, around 4,300β4,330.
If this support holds, a new bullish leg could begin.
BUY confirmation: A breakout and candle close above 4,443.
Invalidation: A break below 4,280 invalidates the bullish scenario.
Main scenario: Complete Wave Z β hold support β Break & Close above 4,443 β bullish continuation.
#elliott #CPI
The market is currently testing the potential bottom of Wave Z, around 4,300β4,330.
If this support holds, a new bullish leg could begin.
BUY confirmation: A breakout and candle close above 4,443.
Invalidation: A break below 4,280 invalidates the bullish scenario.
Main scenario: Complete Wave Z β hold support β Break & Close above 4,443 β bullish continuation.
#elliott #CPI
XAUUSD β Sell the H1 Fibonacci Retest
Gold remains under pressure after stronger U.S. producer inflation reinforced expectations for a Fed hike next week. Markets are now focused on CPI, while elevated Treasury yields and high oil prices continue to support inflation concerns.
On the H1 chart, XAUUSD is trading near 4,345 after recovering from the 4,300.80 low. The broader structure remains bearish below the descending resistance trendline
Gold remains under pressure after stronger U.S. producer inflation reinforced expectations for a Fed hike next week. Markets are now focused on CPI, while elevated Treasury yields and high oil prices continue to support inflation concerns.
On the H1 chart, XAUUSD is trading near 4,345 after recovering from the 4,300.80 low. The broader structure remains bearish below the descending resistance trendline
#XAUUSD
Retesting the area and trying to push lower. Iβm waiting here once the previous 30M low breaks with confirmation, Iβll start watching for a sell entry
Retesting the area and trying to push lower. Iβm waiting here once the previous 30M low breaks with confirmation, Iβll start watching for a sell entry
#GOLD
GOLD is retracing following the bullish momentum. The market has rejected the resistance and bounced off it. Price is struggling to make new highs. As you can see, the market created a head-and-shoulders pattern, which is a reversal pattern. The market is likely to pullback from the major resistance.
GOLD is retracing following the bullish momentum. The market has rejected the resistance and bounced off it. Price is struggling to make new highs. As you can see, the market created a head-and-shoulders pattern, which is a reversal pattern. The market is likely to pullback from the major resistance.
#GOLD
GOLD is making higher lows, meaning bears failed to push the price lower. The market broke and closed above the resistance at 2030, which became support. The market bounced off this support twice, and probably if it holds, the market may move to resistance. We anticipate the price to complete the AB=CD pattern.
GOLD is making higher lows, meaning bears failed to push the price lower. The market broke and closed above the resistance at 2030, which became support. The market bounced off this support twice, and probably if it holds, the market may move to resistance. We anticipate the price to complete the AB=CD pattern.
#GOLD
GOLD is creating the AB=CD pattern in the descending channel. The market broke and closed below the reaction zone at 2038 and the triangle formation. Price action is likely to test the support level, completing the D point. We expect a test of the support level. Contraction led to expansion.
GOLD is creating the AB=CD pattern in the descending channel. The market broke and closed below the reaction zone at 2038 and the triangle formation. Price action is likely to test the support level, completing the D point. We expect a test of the support level. Contraction led to expansion.
TRADING MASTER
#GOLD GOLD is creating the AB=CD pattern in the descending channel. The market broke and closed below the reaction zone at 2038 and the triangle formation. Price action is likely to test the support level, completing the D point. We expect a test of the supportβ¦
βοΈ7/9 last XAUUSD ideas come TRUE
π₯I predicted more than 90% movement
π₯I predicted more than 90% movement
#ETHUSDT
Ethereum is maintaining its bullish market structure. After the strong rally, the altcoin has entered a consolidation phase, while the bulls are attempting to keep the price in the upper half of the current range.
Price consolidation above 2,440β2,450 could become a technical catalyst for a retest of 2,550. However, if the price continues pushing through 2,550, we could have an excellent opportunity for further upside and another strong rally
Ethereum is maintaining its bullish market structure. After the strong rally, the altcoin has entered a consolidation phase, while the bulls are attempting to keep the price in the upper half of the current range.
Price consolidation above 2,440β2,450 could become a technical catalyst for a retest of 2,550. However, if the price continues pushing through 2,550, we could have an excellent opportunity for further upside and another strong rally
#GOLD
Gold played out the recommendation perfectly. The test of the 4,435 resistance, along with the subsequent retest, confirmed the weakness of buyers. The weak fundamental backdrop intensified selling pressure, which in turn led to a fairly sharp decline
Gold played out the recommendation perfectly. The test of the 4,435 resistance, along with the subsequent retest, confirmed the weakness of buyers. The weak fundamental backdrop intensified selling pressure, which in turn led to a fairly sharp decline
#GBPAUD: Bearish Continuation π¬π§π¦πΊ
πGBPAUD will likely continue falling after a retest of the recently broken daily structure.
The current intraday price action looks strongly bearish after the consolidation within it.
Expect a further decline to 1.8818 level.
πGBPAUD will likely continue falling after a retest of the recently broken daily structure.
The current intraday price action looks strongly bearish after the consolidation within it.
Expect a further decline to 1.8818 level.
#AUDCAD: Bullish Move After the Trap π¦πΊπ¨π¦
I see a confirmed bullish trap on πAUDCAD on a 4H time frame.
It occurred after the test of the strong horizontal support cluster.
A consecutive bullish change of character confirms the strength of the buyers.
Expect a price rise to 0.9939
I see a confirmed bullish trap on πAUDCAD on a 4H time frame.
It occurred after the test of the strong horizontal support cluster.
A consecutive bullish change of character confirms the strength of the buyers.
Expect a price rise to 0.9939