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Why Most Traders Fail—and How You Can Succeed!The charts you provided showcase potential scenarios based on different liquidity zones (LQZ) on multiple timeframes, such as 15M, 1H, and 4H. Let's break down the key insights from the images: Key Levels: Weekly Flag Trendline: This yellow trendline represents the long-term trend and acts as a major resistance or support. It’s crucial to monitor price action around this level for significant moves. 4HR LQZ (Liquidity Zone) at 2,532.077: This level signifies an important area of liquidity on the 4-hour chart. It’s a potential reversal point or continuation area depending on how the price interacts with it. 1HR LQZ and 15M LQZ: These shorter timeframe liquidity zones are at 2,482.129 and 2,470.544 respectively. They act as interim targets or bounce zones based on the smaller trend movements. Price Action Context: Wedge Formation: The rising wedge pattern visible in all the charts, combined with slowing momentum near the top, suggests possible bearish pressure. Wedges often lead to sharp breakouts, so a breakout to the downside would align with the wedge structure. Multi-Touch Confirmation: The multiple touches on trendlines, both support and resistance, increase the probability of significant movements. This concept is supported by multi-touch confirmation techniques​. Scenario Planning: Upside Potential: A breakout above the 4HR LQZ suggests further bullish momentum, likely toward higher liquidity zones. This can result in a continuation to the upside, as shown with the green line projection on some charts. Downside Risks: A breakdown below the wedge support and failing to hold the 15M or 1HR LQZ may lead to a bearish move toward the lower liquidity targets. The yellow line projections suggest a pullback to 2,485.055 and potentially lower. The Trinity Rule Approach: Confluence Setup: If price interacts with three major zones (like the 4HR LQZ, wedge support, and Weekly Flag Trendline), we can assess whether these align with other signals. This rule adds extra confirmation for higher-probability setups, as discussed in your document​​. Overall, price action shows a decision point around the wedge and liquidity zones, with strong reactions expected in either direction.
OANDA:XAUUSDEducation
by Adlercon333
XAUUSD / TRADING SENSITIVE AREA - 4HXAUUSD / 4H TIME FRAME HELLO TRADERS The overall trend is downward , until trading around 2,526$ and 2,531$ The expectation of prices rising to $2,526 and $2,531 before dropping can be explained by resistance levels at these points, which often cause a pullback in prices. If gold remains below $2,531, the downtrend is likely to continue, supported by technical indicators showing declining momentum. The forecast of a drop to $2,507 is based on previous support levels where the price tends to stabilize. However, if gold closes above $2,531 on a 4-hour chart, it suggests a breakout, signaling a shift in sentiment and potentially leading to higher prices, supported by market momentum. The projection of reaching $2,540 and $2,551 aligns with historical price peaks and psychological levels that traders often target in a rally. KEY LEVELS : TURNING LEVEL : 2,507 . RESISTANCE LEVELS : 2,526$ , 2,531$ . SUPPORT LEVELS : 2,507$ , 2,475$ .
OANDA:XAUUSDShort
by ArinaKarayi
USOIL / TRADING ABOVE DEMAND ZONE IN THE DAILY CHART - 4HUSOIL / 4H TIME FRAME HELO TRADERS The overall trend is uptrend , until trading above demand zone in the daily chart . Current Position Prices are above the demand zone, which is a strong support area. This indicates that the current support level is holding and may lead to a price increase , For an uptrend to be confirmed, prices need to break and stabilize above turning level at 71.82 . Successfully doing so suggests that the bullish momentum is strong enough to push prices towards the next resistance levels at 74.24 and then 76.21. If prices fall below 71.82 and stabilize, it indicates that the support level is no longer effective, potentially leading to a decline , If prices reach 69.18 and a 4-hour or 1-hour candle closes below this level, it suggests a continuation of the downtrend. A further break and stabilization below 68.28 would confirm a sustained bearish trend, indicating further price decreases. KEY LEVELS : TURNING LEVEL : 71.82 . RESISTANCE LEVELS : 74.24 , 76.21 . SUPPORT LEVELS : 69.18 , 68.28 .
TVC:USOILLong
by ArinaKarayi
USOIL / STILL CONTINUES A DOWNTREND - 4HUSOIL / 4H TIME FRAME The overall trend is downward , until trading below turning level at 71.85 . The significant decline in USOIL prices yesterday suggests a bearish momentum, which aligns with the observed price action falling below the critical level of 71.85. This indicates a continuation of the downward trend, making the next support level at 69.81 a logical target. If prices break this support, it would likely trigger further selling pressure, leading to declines toward 68.46 and 66.85, which are key levels of interest based on previous market behavior. On the other hand, for a reversal to the upside, the price needs to break back above 71.85, which currently serves as a turning point. Breaching this level would signal a potential shift in market sentiment, opening the way to test the resistance at 74.24. If the price stabilizes above this resistance, it would reinforce the bullish case, paving the way for further gains toward 76.21 and eventually 77.51. KEY LEVELS : TURNING LEVEL : 71.85 . RESISTANCE LEVELS : 74.24 , 76.21 , 77.51 . SUPPORT LEVELS : 69.81 , 68.46 , 66.85 .
TVC:USOILShort
by ArinaKarayi
USOIL / TRADING BELOW FVG AREA - 4HUSOIL / 4H TIME FRAME The overall trend is downward , until trading below FVG . As long as prices stay below the turning level of 74.78, a decline is expected, potentially reaching the support level (1) at 73.03, and then 71.51. However, if prices break above the turning level and close a 4-hour candle above it, the trend may shift upward, with potential to reach the resistance level at 76.18. Breaking this resistance could lead to further gains, targeting 77.52. KEY LEVELS : TURNING LEVEL : 74.78 RESISTANCE LEVELS : 76.18 , 77.52 SUPPORT LEVELS :73.03 , 71.51
TVC:USOILShort
by ArinaKarayi
XAGUSD / TRADING BELOW FVG - 4HXAGUSD / 4H TIME FRAME The market trend is largely bearish, with the price staying below the turning level of 29.98, indicating a potential drop to the support level (1) at 28.11, and possibly further to the next target at 27.18. However, if the price breaks through the bounce level, it may shift upward toward the resistance level (1) at 29.51. To confirm a bullish trend, the price must break through this resistance and stabilize above it, aiming for 30.48 . KEY LEVELS : TURNING LEVEL : 29.98 RESISTANCE LEVELS : 29.51 , 30.48 SUPPORT LEVELS : 28.11 , 27.18
OANDA:XAGUSDShort
by ArinaKarayi
This Simple Strategy Could Make You a Fortune in the Gold Marketprice action of Gold Spot (XAU/USD) in relation to the trendlines and patterns indicated. Chart Analysis 1. Weekly Flag Trendline: - The first chart shows a trendline forming a "flag" pattern on a higher time frame (possibly weekly or daily). This flag appears to be a bullish continuation pattern, indicating that after the consolidation within the flag, the price might continue in the direction of the prior trend, which seems to be up. 2. Price Action Inside the Flag: - Within the flag, there is a period of consolidation marked by the parallel trendlines. The price has been respecting these lines, creating higher lows and lower highs, indicating indecision or preparation for a breakout. 3. Potential Breakout Zones: - Key breakout zones are marked by the upper resistance of the flag pattern around the 2,530 level and the lower support trendline of the flag around the 2,470 level. A breakout above the upper resistance could signal a continuation of the prior uptrend, while a break below the lower support could indicate a reversal or deeper pullback. 4. Smaller Patterns: - On the second chart (1-hour time frame), there's a more detailed view of recent price action with a potential bearish flag or pennant forming, suggesting a temporary pullback or consolidation within the larger flag. This smaller pattern appears to be within a trading range bounded by the horizontal support and resistance levels. 5. Key Support and Resistance Levels: - The charts show horizontal support around the 2,433.301 level, which aligns with a historical low that could serve as a significant support level. Similarly, the resistance level is around 2,530, where the price has repeatedly failed to break above. 6. Current Market Context: - The price is currently hovering around 2,497, near the middle of the trading range, suggesting indecision. This midpoint could be a neutral zone where the price could move in either direction based on upcoming market momentum or news. Trading Strategy and Considerations - Entry Points: - If considering a bullish scenario, a long entry could be planned near the lower support line of the flag, around 2,470, with a stop loss slightly below the flag's support to manage risk. A breakout above the 2,530 resistance could also provide a good entry point for a continuation of the uptrend. - For a bearish scenario, a short entry could be considered if the price breaks below the 2,470 support level, confirming a breakdown from the flag pattern. - Risk Management: - The proximity of the price to both upper and lower boundaries of the flag pattern provides clear levels for stop placement. This helps in managing risk effectively, keeping losses contained if the trade goes against the initial bias. - Monitoring Price Action: - Watch for potential breakouts from the smaller patterns within the flag, as these could provide early signals of the larger move's direction. It would also be essential to keep an eye on volume changes, as increased volume could confirm the validity of a breakout or breakdown. By aligning your trades with these patterns and key levels, you can take advantage of the potential setups provided by the price action within these consolidating formations. Ensure to adapt to new market conditions and stay disciplined in executing your trading plan.
OANDA:XAUUSDEducation
by Adlercon333
2
GBP/USD Strategic Insights: Q3 Breakouts and Q4 ProjectionsAnalyzing GBP/USD: A Journey Through Accumulation, Breakouts, and Forecasting Q2 2024: The Accumulation Phase During the second quarter of 2024, the British Pound entered a pronounced accumulation phase. Institutional buyers were actively engaged, positioning their trades to capitalize on future movements. This period set the stage for subsequent price actions and was crucial in understanding the currency's resilience. Q3 2024: Strategic Movements and False Breakouts As the third quarter commenced, the GBP/USD experienced a deceptive breakout to the downside, aligning perfectly with the Camarilla pivot support levels at S3 and S4. This false move highlighted the strength of these levels as key support zones, underscoring why initiating short trades—common among retail traders—was strategically questionable at this juncture. By June 2024, the GBP/USD climbed towards $1.2800, briefly entering a distribution/accumulation phase, which prepped the market for an anticipated bullish continuation. Mid-Q3 Breakout and Profit Realization By mid-August 2024, propelled by institutional trading, GBP/USD convincingly broke past the R4 Camarilla level at $1.2950. This breakout targeted the R5 level at $1.3200, identified as the optimal take-profit point. This movement marked a significant transition from the previous range-bound market conditions, showcasing the effectiveness of strategic pivot level monitoring. Anticipating Q4 2024: Calm Before the Next Move Looking ahead to September 2024, expectations are set for subdued trading activity, with the GBP/USD likely oscillating between $1.3000 and $1.3200. This forecasted lull suggests another accumulation/distribution phase that could serve as a precursor to more definitive movements in the fourth quarter. Conclusion and Forward Outlook The trajectory of GBP/USD points towards stability in the near term, with potential gearing up for another significant movement as we approach the end of 2024. Traders should monitor these pivotal levels closely, as they offer valuable insights and strategic entry points. Given the currency’s recent history and the robust support demonstrated at key Camarilla levels, a bullish bias may be advisable heading into the next quarter, with careful attention to any shifts that might suggest a different course. Stay tuned for further updates as we continue to navigate through these dynamic market phases and extract actionable insights to enhance our trading strategies.
CME_MINI:M6B1!
by msrozba
BNBUSD ( BREAKOUT THE CHANNEL ) ( 4H )BNBUSD HELLO TRADERS Tendency , the price is under bullish pressure , after breakout the channel . Turning Level: The price is currently trading above this level around 512.2 . As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected. support Level (1) : around 488.2 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 512.2 . If the price reaches 488.2 , and stabilizes below it, it will likely attempt to reach support level (2) . support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 468.1 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 431.1 . Resistance Level (1): As long as the price remains above the turning level of 512.2 , it suggests a rising towards 556.2 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2). Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 582.9 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 605.8 . Channel Trend: the trading rate within the descending channel . TARGET LEVEL : RESISTANCE LEVEL : 556.2 , 582.9 , 605.8 . SUPPORT LEVEL : 488.2 , 468.1 , 431.1 .
BINANCE:BNBUSDLong
by ArinaKarayi
2
DOGECOIN / CONTINUES RANGE MOVEMENT - 4H DOGECOIN / 4H TIME FRAME HELLO TRADERS Tendency , prices is under upward pressure , until trading above turning level at 0.09 . Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 0.09 turning level , it is likely to move upward toward the resistance levels of 0.10 and then 0.11 . Downward Condition : To reach the 0.08 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 0.09. If it stabilizes below support level (1) , a further decline toward the support level (2) at 0.07 can be anticipated . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 0.11 . RESISTANCE LEVEL (2) : 0.10 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 0.08 . SUPPORT LEVEL (2) : 0.07 . TURNING LEVEL : 0.09 .
Long
by ArinaKarayi
GBPUSD / TRADING ABOVE TURNING LEVEL - 4HGBPUSD HELLO TRADERS Tendency , the price is under bullish pressure , until trading above turning level at 1.292 . Turning Level: The price is currently trading above this level around 1.292. As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected. support Level (1) : around 1.283 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 1.292. If the price reaches 1.283 , and stabilizes below it, it will likely attempt to reach support level (2) support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 1.275 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 1.266 . Resistance Level (1): As long as the price remains above the turning level of 1.292 , it suggests a rising towards 1.303 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2). Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 1.310 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 1.316 . Channel Trend: the prices trading inside the channel . TARGET LEVEL : RESISTANCE LEVEL : 1.303 , 1.310 , 1.316 . SUPPORT LEVEL : 1.283 ,1.275 , 1.266 .
Long
by ArinaKarayi
USDJPY ( INSIDE ACCUMULATION ZONE ) - 4H USDJPY - 4H TIME FRAME HELLO TRADERS Tendency , prices is under upward pressure , until trading above turning level at 145.490 . Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 145.490 turning level , it is likely to move upward toward the resistance levels of 147.677 and then 150.861. Downward Condition : To reach the 144.073 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 145.490. If it stabilizes below support level (1) , a further decline toward the support level (2) at 142.268 can be anticipated . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 147.677 . RESISTANCE LEVEL (2) : 150.861 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 144.073 . SUPPORT LEVEL (2) : 142.268 . TURNING LEVEL : 145.490 .
Long
by ArinaKarayi
1
NOTUSDT / TRADING BETWEEN TURNING LEVEL & RESISTANCE LEVEL (1) NOTUSDT HELLO TRADERS Tendency , the price is under bullish pressure , until trading above turning level at 0.010 . Turning Level: The price is currently trading above this level around 0.010 . As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected. support Level (1) : around 0.009 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 0.010 . If the price reaches 0.009 , and stabilizes below it, it will likely attempt to reach support level (2) . support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 0.008 . To confirm an downward , by breaking 4h candle close below it , it suggest to reach support level (3) at 0.007 . Resistance Level (1): As long as the price remains above the turning level of 0.010 , it suggests a rising towards 0.012 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2). Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 0.014 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 0.016 . Channel Trend: the trading rate within the descending channel . TIME Frame / 4h TARGET LEVEL : RESISTANCE LEVEL : 0.012 , 0.014 , 0.016 . SUPPORT LEVEL : 0.009 , 0.008 , 0.007 .
Long
by ArinaKarayi
2
DOGEUSDT / TRADING INSIDE DESCENDING CHANNEL - 4H DOGEUSDT HELLO TRADERS Tendency , the price is under bullish pressure , until trading above turning level at 0.094 . Turning Level: The price is currently trading above this level around 0.094 . As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected. support Level (1) : around 0.084 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 0.094 . If the price reaches 0.084 , and stabilizes below it, it will likely attempt to reach support level (2) . support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 0.077 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 0.068 . Resistance Level (1): As long as the price remains above the turning level of 0.094 , it suggests a rising towards 0.113 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2). Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 0.126 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 0.135 . Channel Trend: the trading rate within the descending channel . TARGET LEVEL : RESISTANCE LEVEL : 0.113 , 0.126 , 0.135 . SUPPORT LEVEL : 0.084 , 0.077 , 0.068.
Long
by ArinaKarayi
DOTUSDT / TRADING ABOVE TURNING LEVEL - 4HDOTUSDT / 4H TIME FRAME HELLO TRADERS Tendency , prices is under upward pressure , until trading above turning level at 4.544 Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 4.544 turning level , it is likely to move upward toward the resistance levels of 4.881 and then 5.370. Downward Condition : To reach the 4.255 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 4.544. If it stabilizes below support level (1) , a further decline toward the support level (2) at 3.894 can be anticipated . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 4.881 . RESISTANCE LEVEL (2) : 5.370 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 4.255 . SUPPORT LEVEL (2) : 3.894 . TURNING LEVEL : 4.544 .
Long
by ArinaKarayi
NAS100USD / UNDER BULLISH PRESSURE - 4HNAS100USD / 4H TIME FRAME HELLO TRADERS Tendency , prices is under upward pressure , until trading above turning level at 40,680 Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 19,600 turning level , it is likely to move upward toward the resistance levels of 20,234 and then 20,553 . Downward Condition : To reach the 19,188 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 19,600 . If it stabilizes below support level (1) , a further decline toward the support level (2) at 18,774 can be anticipated . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 20,234 . RESISTANCE LEVEL (2) : 20,553 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 19,188 . SUPPORT LEVEL (2) : 18,747 . TURNING LEVEL : 19,600 .
OANDA:NAS100USDLong
by ArinaKarayi
2
GOLD / INSIDE SENSITIVE AREA - 4H XAUUSD / 4H TIME FRAME HELLO TRADERS Tendency , prices is under upward pressure , until trading above turning level at 2,507$ Upward Condition : The price is currently showing bullish momentum. As long as it stays above the turning level of 2,507$ , it is likely to move upward toward the resistance levels (1) at 2,532$ and then resistance level (2) at 2,555$. Downward Condition : To reach the 2,475$ support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 2,507$ . If it stabilizes below support level (1) , a further decline toward the support level (2) at 2,459$ can be anticipated . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 2,532$ . RESISTANCE LEVEL (2) : 2,555$ . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 2,475$ . SUPPORT LEVEL (2) : 2,459$ . TURNING LEVEL : 2,507$ .
OANDA:XAUUSD
by ArinaKarayi
TSLA / DECLINE BEFORE RISING - 4HTSLA / 4H TIME FRAME HELLO TRADERS Tendency , prices is under upward pressure , until trading above turning level at 195.12 Upward Condition : The price is currently showing bullish momentum. As long as it stays above the turning level of 195.12 , it is likely to move upward toward the resistance levels at 227.92 and then 253.52 . Downward Condition : To reach the 168.36 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 195.12 . If it stabilizes below support level (1) , a further decline toward the support level (2) at 141.32can be anticipated . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 227.92 . RESISTANCE LEVEL (2) : 253.52 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 168.36 . SUPPORT LEVEL (2) : 141.32 . TURNING LEVEL : 195.12 .
NASDAQ:TSLALong
by ArinaKarayi
2
EURUSD / INSIDE ASCENDING CHANNEL - 4HEURUSD / 4H TIME FRAME HELLO TRADERS Tendency , prices is under downward pressure , until trading below turning level at 1.112 . Downward Condition : With the price holding steady at the current turning level at 1.112 , it is likely to decline towards the support level of 1.107. If it stabilizes below this level, it could then reach the next target level of 1.099 . Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 1.112, leading to a rise toward the resistance level (1) at 1.117 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 1.112 . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 1.117 . RESISTANCE LEVEL (2) : 1.112 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 1.107 . SUPPORT LEVEL (2) : 1.099 . TURNING LEVEL : 1.112 .
Short
by ArinaKarayi
USOIL / TRADING INTO DESCENDING CHANNEL - 4HUSOIL / 4H TIME FRAME HELLO TRADERS Tendency , prices is under downward pressure , until trading below turning level at 74.76 Downward Condition: With the price holding steady at the current turning level at 74.76 , it is likely to decline towards the support level of 72.81. If it stabilizes below this level, it could then reach the next target level of 70.92 Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 74.76 , leading to a rise toward the resistance level (1) at 76.15 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 78.55 TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 76.15 . RESISTANCE LEVEL (2) : 78.55 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 72.81 . SUPPORT LEVEL (2) : 70.92 . TURNING LEVEL : 74.76 .
TVC:USOILShort
by ArinaKarayi
4
GOLD / UNDER BEARISH PRESSURE - 4HXAUUSD / 4H TIME FRAME HELLO TRADERS Tendency , prices is under downward pressure , until trading below turning level at 2,507$ Downward Condition: With the price holding steady at the current turning level at 2,507$ , it is likely to decline towards the support level of 2,475$. If it stabilizes below this level, it could then reach the next target level of 2,459$ , maybe prices reach 2,520$ before starts a dropping . Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 2,507$ , leading to a rise toward the resistance level (1) at 2,520$ . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 2,532$. TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 2,520$ . RESISTANCE LEVEL (2) : 2,532$. TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 2,475$ . SUPPORT LEVEL (2) : 2,459$ . TURNING LEVEL : 2,507$ .
OANDA:XAUUSDShort
by ArinaKarayi
XAUUSD / TRYING TO RETEST BEFORE REACH HISTORICAL PEACK - 4HXAUUSD HELLO TRADERS Tendency , the price is under bullish pressure , until trading above turning level at 2,474$ . Turning Level: The price is currently trading above this level around 2,474$ . As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected. support Level (1) : around 2,452$ , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 2,474$ . If the price reaches 488.2 , and stabilizes below it, it will likely attempt to reach support level (2) . support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 2,432$ . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 2,420$ . Resistance Level (1): As long as the price remains above the turning level of 2,474$$ , it suggests a rising towards 2,508$ . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2). Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 2.525$ . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 2,540$ . Channel Trend: the trading rate within the ascending channel . TARGET LEVEL : RESISTANCE LEVEL : 2,508$ , 2,525$ , 2,540$ . SUPPORT LEVEL : 2,452$ , 2,432$ , 2,420$ .
OANDA:XAUUSDLong
by ArinaKarayi