GBP/AUD Heist: Bullish Breakout Plan to Steal Profits!🌟 Pound vs. Aussie Heist: GBP/AUD Trading Plan 🚀💸
Hey Money Makers & Thieves! 🤑💰 Ready to pull off a master heist on the GBP/AUD Forex market? Based on 🔥 Thief Trading Style 🔥 blending technicals and fundamentals, here’s the plan to conquer the "Pound vs. Aussie" with a long entry strategy targeting the high-risk Red Zone. Let’s dive in! 📈🎯
Entry 📈:
The heist is live! Wait for the MA breakout at 2.10000 to strike—bullish profits are calling! 🔔
Set buy stop orders above the Moving Average for breakout entries.
Or, place buy limit orders on a 15 or 30-minute timeframe at the most recent swing low/high for pullback entries.
📌Pro tip: Set an alert on your chart to catch the breakout moment! 🚨
Stop Loss 🛑:
Protect your loot with a Thief SL at the recent swing low/high on the 4H timeframe (2.07400).
Adjust SL based on your risk, lot size, and number of orders. Stay sharp! 🔍
Target 🎯:
Aim for 2.14400 or exit early to secure profits before the target. Don’t get greedy! 💪
Scalpers, Listen Up 👀:
Stick to the long side for quick scalps.
Big players can jump in now; smaller traders, join the swing trade robbery with a trailing SL to lock in gains. 💰
Market Outlook 💵:
GBP/AUD is riding a bullish wave, fueled by fundamentals, macro trends, COT reports, quantitative analysis, sentiment, and intermarket dynamics. Stay updated as these can shift fast! 🌎📊
⚠️ Trading Alert: News & Position Management 📰:
Avoid new trades during news releases to dodge volatility traps.
Use trailing stop-loss orders to protect running positions and secure profits. 🚫
Latest Market Data (UTC+1, May 20, 2025, 12:02 PM BST):
Forex (GBP/AUD): Current price ~2.09850 (source: financialjuice.com).
COT Report (Latest Friday, May 16, 2025):
Non-commercial long positions increased, signaling bullish sentiment among large speculators.
Net long positions rose by 5,200 contracts (source: CFTC.gov).
Commodities & Metals: Gold and oil prices stable, supporting AUD strength but GBP bolstered by UK economic data.
Indices & Crypto: No direct impact, but risk-on sentiment in global indices supports bullish GBP/AUD bias.
💖 Boost the Heist! 💥:
Hit the Boost Button to power up our robbery team! 🤝 With the Thief Trading Style, we’re stealing profits daily. Stay tuned for the next heist plan! 🐱👤🚀
Happy trading, and let’s make that money! 💸🎉
Disclaimer: Trading involves risk. Always manage your risk and stay informed.
Forex-trade-ideas
EUR/JPY "Yuppy" Heist: Sniping Swiss Profits with Thief Trading!🌍 Hello Global Traders! 🌟
Money Makers, Risk Takers, and Market Shakers! 🤑💸✈️
Dive into our EUR/JPY "Yuppy" Forex heist, crafted with the signature 🔥Thief Trading Style🔥, blending sharp technicals and deep fundamentals. Follow the strategy outlined in the TradingView chart, focusing on a long entry targeting the high-risk MA Zone. Expect a wild ride with overbought conditions, consolidation, and potential trend reversals where bearish players lurk. 🏆💰 Celebrate your wins, traders—you’ve earned it! 💪🎉
Entry 📈: The vault’s open! Grab bullish opportunities at any price, but for precision, set buy limit orders on a 15 or 30-minute timeframe near swing lows or highs for pullback entries.
Stop Loss 🛑:
📍 Place your Thief SL at the recent swing low on the 4H timeframe (163.00) for scalping or day trades.
📍 Adjust SL based on your risk tolerance, lot size, and number of open orders.
Target 🎯: Aim for 167.00
💵 EUR/JPY "Yuppy" is riding a bullish wave, fueled by key market drivers. ☝
Unlock the full picture—dive into Fundamentals, Macro Insights, COT Reports, Quantitative Analysis, Sentiment Outlook, Intermarket Trends, and Future Targets. Check 👉🌎🔗.
⚠️ Trading Alert: News & Position Management 📰🚨
News can shake the market hard. Protect your trades by:
Avoiding new entries during news releases.
Using trailing stops to lock in profits and shield running positions.
📌 Markets move fast—stay sharp, keep learning, and adapt your strategy as conditions evolve.
💖 Power up our heist! 🚀 Tap the Boost Button to amplify our Thief Trading Style and make stealing profits a breeze. Join our crew, grow stronger, and conquer the markets daily with ease. 🏆🤝❤️
Catch you at the next heist, traders—stay ready! 🤑🐱👤🤩
Market next move 1. Over-Reliance on Support Zone
The analysis heavily leans on the assumption that the support zone (marked with the purple "Support" label) will hold.
However, this support has already been tested multiple times, which weakens its strength.
A break below this zone could trigger significant stop-loss hunting, leading to a bearish breakdown instead of a bullish reversal.
2. Volume Analysis Suggests Weak Momentum
The recent bounce lacks strong volume. This suggests that buying interest is not convincing at this level.
Without volume confirmation, any bullish move is less likely to sustain.
3. Lower Highs Pattern
Despite small rallies, the chart is forming lower highs, which is typically a bearish signal.
This hints at seller dominance, and the yellow bullish projection might be overly optimistic.
4. Resistance Overhead
The price is approaching a short-term resistance zone (red box), which has rejected the price previously.
Without a clear breakout above that, the bullish case is speculative.
5. Fundamental Factors Unaccounted
The chart doesn’t account for macro factors like U.S. dollar strength, interest rates, or geopolitical influences that often affect gold.
If the dollar strengthens, gold may drop, breaking the support.
Market next move Bearish Disruption Analysis:
1. Range Weakness and Exhaustion Risk:
The price has been ranging within a tight zone, and repeated tests of the support line near 3,215–3,218 show weakening buyer pressure.
If bulls were strong, we might have already seen a breakout with momentum. Instead, there's sideways choppiness, suggesting indecision or exhaustion.
2. Lower Highs Forming:
Despite a flat support zone, price is forming lower highs, a bearish signal. Sellers are stepping in earlier on each bounce, tightening the range from the top.
3. Volume Depletion:
Volume is gradually dropping during this consolidation. If a breakout happens without a volume surge, it risks becoming a false breakout.
4. Liquidity Sweep Possibility:
Market makers might push price below the support zone (~3,215) to trigger stop-losses and accumulate orders before a potential real breakout. This would trap late buyers who enter early.
5. Bearish Scenario Path:
If price breaks below 3,215 and closes under that on decent volume, expect a move to the next demand zone near 3,200 or lower.
Downside target could be around 3,180–3,190, where the previous demand base formed on May 15.
EUR/GBP Caper: Bearish Breakout Blueprint!🌍 Greetings, global money heisters! 🌟 Welcome to the EUR/GBP "Chunnel" Forex Market caper! 🤑💸
Dear traders and fortune chasers, get ready to execute our cunning plan based on the 🔥 Thief Trading Style 🔥, blending sharp technicals with savvy fundamentals. Our mission? A slick short entry targeting the high-risk Support Zone. The market’s oversold, consolidation’s brewing, and a trend reversal’s lurking—perfect for our ambush! 🏆🎯 Here’s the blueprint to steal those pips! 🚀
Entry 📈: The heist kicks off at the Major Support breakout. Lock in your sell at 0.84000 for bearish gains! 💰 For precision, set sell stop orders above the Moving Average or sell limit orders post-breakout within a 15/30-minute window near the swing low/high for pullback entries. 📌 Pro tip: Set a chart alert 🚨 to catch the breakout moment!
Stop Loss 🛑: Stay sharp, crew! For sell stop orders, hold off on placing your stop loss until the breakout confirms. 📍 Place it at the nearest swing high/low on the 4H timeframe (0.84400) for swing/day trades. Adjust based on your risk, lot size, and multiple orders. Play smart—your capital, your rules! ⚠️🔥
Target 🎯: Aim for 0.83500 or slip out early if the market whispers an escape. 🏃♂️💨
💵 Why’s the Chunnel ripe for the taking? The EUR/GBP’s in a bearish groove, driven by key market signals. Curious? Dive into the fundamentals, COT reports, sentiment, and intermarket analysis for the full scoop! 🌎🔗 Check linkk macro trends and future targets & overall score. 📊
⚠️ Trading Alert: News can shake the market like a getaway car! 📰🚗 Avoid new trades during high-impact releases and use trailing stops to lock in profits and shield your positions. Safety first, heisters! 🚫🔐
💖 Boost our heist! Hit that Boost Button 🚀 to fuel our Thief Trading crew. With daily market raids, we’re stacking pips and living the trader’s dream! 🤑🤝 Stay tuned for the next caper—more profits await! 🐱👤🎉
Happy heisting, and let’s make those charts bleed green! 💪🌟
USD/JPY Multi-Timeframe Trading Plan – Week AheadUSD/JPY is trending higher short-term but remains below key resistance on the daily chart. The daily timeframe shows an inverted head-and-shoulders forming, with a neckline at 152. Until that breaks, rallies into 148–150 are likely to fade. The 1-hour chart shows a rising wedge from 142 to 148.5 with support around 145.0. Momentum is slowing, warning of potential exhaustion near 148.
On the 15-minute chart, recent price action shows a bull flag and a double bottom, offering buy zones at 146.10–146.30. The plan for early week is to long dips to this zone, targeting 146.80–147.20 with stops below 145.90. Watch for fades around 147.50–148.00 mid-week. A break above 148.00 opens room to 150.00; below 145.00, momentum shifts bearish.
Strategy: Buy pullbacks early in the week; fade rallies near 148 mid-week. Flip long above 148.00 or short below 145.00. Use tight stops and manage risk per trade.
NZD/USD "Kiwi" Forex Vault Heist Plan!🌟 Yo, what's good? Salaam! Ciao! Konnichiwa! 🌟
Dear Cash Snatchers & Market Bandits, 🤑💰💸😎
Get ready to raid the NZD/USD "Kiwi" Forex Vault with the slickest 🔥Thief Trading Style🔥 Our tech-fueled, fundamental-backed heist plan is locked and loaded for a long-entry score. Stick to the chart’s sneaky blueprint and aim to slip out near the Red Zone—a high-stakes trap where overbought vibes, consolidation, and bearish bandits lurk. 🏆💸 Grab your loot and treat yourself, you sly foxes! 💪🎉
- 📈 Entry Point: The heist’s ON! 🕵️♂️ Lay low for the MA pullback at Institutional Buy Zone 1 (0.57700) or Buy Zone 2 (0.56000), then pounce for juicy bullish profits! 🚀
- 🛑 Stop Loss: Yo, ears up! 🗣️ If you’re setting a buy stop order, don’t touch that stop loss ‘til the breakout pops off. 📍 Stash it at the closest swing low on the 4H: Buy Zone 1 SL at 0.56500, Buy Zone 2 SL at 0.54500. Size it to your risk, lot, and multi-order game plan. Mess around, and you’re toast! 🔥
- 🎯 Target: Shoot for 0.62500 or ghost out early with the goods. 💰
- 👀 Scalper Crew: Long-side scalping only! Got deep pockets? Dive in. Tight budget? Roll with swing traders and slap on a trailing SL to shield your stash. 🧲
- 📊 Why It’s Lit: The Kiwi’s bullish run is powered by fundamentals, macro trends, COT reports, quant analysis, market vibes, and intermarket signals. Scope the full scoop from legit sources! 🌍🔗
⚠️ Heads-Up: News drops can flip the game! 📰 Stay sharp:
- Dodge new trades when news hits.
- Slap trailing stop-losses on to lock profits and cover your back.
💖 Fuel the heist! 💥 Smash that Boost Button to power up our Thief Trading Style squad. Swipe profits daily like a pro and roll with the slickest crew! 🏆🤝🚀 Catch you on the next big score, bandits! 🤑🐱👤😎
CAD/CHF Loonie Heist: Sniping Swiss Profits with Thief Trading!🌍 Hello Global Traders! 🌟
Money Makers, Risk Takers, and Market Shakers! 🤑💸✈️
Dive into our CAD/CHF "Loonie vs Swiss" Forex heist, crafted with the signature 🔥Thief Trading Style🔥, blending sharp technicals and deep fundamentals. Follow the strategy outlined in the TradingView chart, focusing on a long entry targeting the high-risk MA Zone. Expect a wild ride with overbought conditions, consolidation, and potential trend reversals where bearish players lurk. 🏆💰 Celebrate your wins, traders—you’ve earned it! 💪🎉
Entry 📈: The vault’s open! Grab bullish opportunities at any price, but for precision, set buy limit orders on a 15 or 30-minute timeframe near swing lows or highs for pullback entries.
Stop Loss 🛑:
📍 Place your Thief SL at the recent swing low on the 1H timeframe (0.59400) for scalping or day trades.
📍 Adjust SL based on your risk tolerance, lot size, and number of open orders.
Target 🎯: Aim for 0.61400.
💵 CAD/CHF is riding a bullish wave, fueled by key market drivers. ☝
Unlock the full picture—dive into Fundamentals, Macro Insights, COT Reports, Quantitative Analysis, Sentiment Outlook, Intermarket Trends, and Future Targets. Check 👉🌎🔗.
⚠️ Trading Alert: News & Position Management 📰🚨
News can shake the market hard. Protect your trades by:
Avoiding new entries during news releases.
Using trailing stops to lock in profits and shield running positions.
📌 Markets move fast—stay sharp, keep learning, and adapt your strategy as conditions evolve.
💖 Power up our heist! 🚀 Tap the Boost Button to amplify our Thief Trading Style and make stealing profits a breeze. Join our crew, grow stronger, and conquer the markets daily with ease. 🏆🤝❤️
Catch you at the next heist, traders—stay ready! 🤑🐱👤🤩
EURUSD Bearish Structure Forming Amid Dollar UncertaintyEURUSD appears to be carving out a series of lower highs, showing potential signs of distribution. With price compressing inside a symmetrical triangle following multiple failed breakout attempts, the stage could be set for a bearish breakdown. This comes as U.S. inflation and Fed policy hold the spotlight and the euro faces political and structural crosswinds.
📉 Technical Breakdown (4H Chart)
Triple Top / Head & Shoulders Variant Forming:
Price action has traced a rounded top sequence, forming a triple top or complex head and shoulders structure.
Each rally attempt has been followed by steeper declines and faster recoveries—typical of a topping process.
Triangle Contraction Zone:
Current price is consolidating into a symmetrical triangle, which is often a continuation pattern.
Bearish breakout is expected if support around 1.1330–1.1320 fails.
Key Bearish Targets:
TP1: 1.1090 – former resistance turned support.
TP2: 1.0890 – April breakout base and key structure low.
Trade Setup (as per chart):
Sell Entry Zone: Break and retest of 1.1320–1.1300.
Stop Loss: Above 1.1527 (supply zone high).
Targets:
TP1: 1.1090
TP2: 1.0890
🌐 Macro Context
USD Side:
Fed is holding rates steady amid rising inflation fears triggered by tariffs
Tariff shocks are already pushing prices up, while growth slows—a tough environment for the Fed.
Dollar could strengthen if market sentiment shifts risk-off.
Euro Side:
Former EU Commissioner Gentiloni calls for unified borrowing to boost the euro’s global role, as U.S. stability is questioned
Political uncertainty around German leadership transitions may also weigh on the euro short term.
✅ Conclusion
EURUSD is trading at the apex of a tightening triangle pattern following a distribution structure. With a clean break of 1.1320 support, expect increased volatility and bearish momentum toward 1.1090 and 1.0890.
GBP/JPY testing critical zoneThe GBP/JPY is testing a critical resistance area between 189.20 to 190.00. For as long as this area holds as resistance, the path of least resistance remains to the downside.
Should the selling resume from here, we could see the Guppy trade down to test the key support range between 185.00 to 186.00 again.
However, if the GBP/JPY breaks decisively above the 189.20 to 190.00 range, then that could potentially pave the way for a short-squeeze rally towards the next major resistance in the 193.00 to 194.20 range, where we also have the 200 day MA converging.
By Fawad Razaqzada, market analyst with FOREX.com
Gold ChatGPT: Chart Analysis for Gold (XAU/USD) – April 08, 2025 – 1-Hour Timeframe
Key Observations:
1. Trend and Price Action:
- The price of Gold is currently in a downtrend, as indicated by the red trendline showing lower highs and lower lows. The price has recently broken below the previous support level, signaling a continuation of the bearish movement.
- The resistance zone near 3,141.64 remains a significant barrier for any upward movement, while the support level at 2,960.00 is holding the price from falling further.
2. Order Block and FVG (Fair Value Gap):
- The order block located at 3,138.95 to 3,141.64 has been a key area where price rejection occurred. The price approached this area but failed to break above, indicating strong selling pressure. This …
ChatGPT: - The target for the current bearish setup is 3,021, which aligns with the support level near 2,987.47. If the price continues to decline, this target could be reached soon, with further downside movement expected.
- If the price holds at the support level and forms a bullish reversal pattern, it may head back towards the resistance zone. However, until the support level holds, the price is likely to continue the downward trajectory.
4. Volume and Market Sentiment:
- The volume shows a consistent decline, confirming the selling pressure. The recent spikes in volume near the support level suggest that the market is reacting to the critical support area.
- Market sentiment remains bearish, with the price currently below its recent highs and the resistan…
ChatGPT: - Bullish Reversal Scenario: If Gold finds support at 2,960 and forms a bullish pattern (such as a reversal candle or engulfing candle), the price might move towards 3,141.64 again.
Conclusion:
The price of Gold is currently in a downtrend, facing resistance around 3,141.64 and support near 2,960. Traders should watch for price action near these levels to assess the next move. The target of 3,021 is the key level to focus on, and a breakout below this could lead to further downside. If the support level holds, there could be a potential for a bullish rebound towards resistance.
BTCUSD 15MINTS CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE..This chart shows a potential bullish move for Bitcoin (BTC/USD).
The price is currently in a support zone (blue area) around 81,800-82,000.
A breakout from this level is expected, leading to a rise toward 83,224 (resistance level).
If momentum continues, BTC could reach 84,457.
The blue arrows indicate the expected bullish movement.
USD JPY Weekly Usdjpy weekly
✔Breakout and a Retest of trend
✔Rising Wedge
✔Breakout of support on D_TF and Retest,
even though it dropped to about 160pips last week, later went up above previous entry it pretend to Breakout of trend to the up side, I guess news caused that
but all the downside confirmation are still checked.
EUR JPY Trade Setup Daily TimeframeEUR JPY has broken through a major resistance level, which has now turned into a support level, forming break and retest pattern on the daily timeframe.
We’ll be looking for buy entries from the retest level. to get our entry, let’s scale down to lower timeframes to identify chart patterns and candlestick confirmations.
📉🔄📈
EUR/USD Breakdown – Quick Bounce or Headed for a Wipeout?Alright, trading family, the EUR/USD pair is riding some choppy waters. A short bounce to 1.0809 might be in the cards, but don’t get too comfy—it could just be a quick breather before we dive back toward 1.0700 or even deeper to 1.0645 or 1.0580.
Key Levels:
Breakdown Zone: 1.0700 – Looks like the next wave if sellers keep control.
Bounce Play: 1.0809 – Bulls might show up, but it could be a short ride.
Lower Support: 1.0645 / 1.0580 – If the tide turns, this is where we might land.
This is one of those "stay ready" moments—either we catch a quick rally or the tide pulls us lower. Keep an eye on those short time frames to catch the next set.
What’s your vibe—are we bouncing or heading straight into the deep? Drop your thoughts, follow, and share if this chart got you set for the next move.
Mindbloome Trader
Raises gold prices target to hit 2800 read the caption From the all-time high of $2,685 per troy ounce recorded last Thursday, it has lost a good $50. We had pointed out that the last part of the price increase was no longer justified by interest rate expectations. These had also already gone much too far and were therefore scaled back again somewhat in the last few days. This means that Gold currently lacks a key driving force
Foreign exchange trading skills worth collecting (Part 1)
Charlie Munger once said that if you are allowed to punch a maximum of 20 holes in a piece of paper, each time you punch means you lose a trading opportunity, and after 20 times, your opportunities will be used up. At this time, will you cherish every opportunity?
The same is true in foreign exchange trading. For each transaction, you must treat your account balance as the last bullet. This requires us to constantly reflect and sum up our experience so that every transaction can gain something, whether it is money or experience, we must accumulate something.
The following are 72 trading tricks that I have carefully compiled for you. I hope it will help you on your trading journey! The content is too long, divided into 3 articles,introduction. Please pay attention to it.
72 foreign exchange trading tricks
1. Only use the money you can afford to lose: If you use your family's funds to engage in trading, you will not be able to calmly use your mental freedom to make sound buying and selling decisions.
2. Know yourself: You must have a calm and objective temperament, the ability to control emotions, and will not suffer from insomnia when holding a trading contract. Successful commodity traders seem to have always been able to remain calm during the transaction.
3. Do not invest more than 1/3 of the funds: The best way is to keep your trading funds three times the margin required to hold the contract. In order to follow this rule, it is okay to reduce the number of contracts when necessary. This rule can help you avoid using all the trading funds to decide on buying and selling. Sometimes you will be forced to close the position early, but you will avoid big losses.
4. Do not base trading judgment on hope: Do not hope too much for immediate progress, otherwise you will buy and sell based on hope. Successful people can be unaffected by emotions in buying and selling. When a novice hopes that the market will turn in his favor, he often violates the basic rules of buying and selling.
5. Take proper rest: Buying and selling every day will dull your judgment. Taking a break will give you a more detached view of the market; it will also help you look at yourself and the next goal from another state of mind, so that you have a better perspective to observe many market factors.
6. Do not close profitable contracts easily, and keep profits continuous: Selling profitable contracts may be one of the reasons for the failure of commodity investment. The slogan "As long as there is money to be made, there will be no bankruptcy" will not apply to commodity investment. Successful traders say that you can't close a position just for the sake of profit; you must have a reason to close a profitable contract.
7. Learn to love losses: If you can accept losses calmly and without hurting your vitality, then you are on the road to success in commodity investment. Before you become a good trader, you must get rid of your fear of loss.
8. Avoid entering and exiting at market prices: Successful traders believe that buying and selling at market prices is a manifestation of lack of self-discipline. Unless you use market prices to close a position, you should aim to avoid market orders as much as possible.
9. Buy and sell the most active contract months in the market: This makes trading easier.
10. Enter the market when there is a good chance of winning: You should look for opportunities with a small possibility of loss and a large possibility of profit. For example, when the price of a commodity is close to its most recent historical low, then the possibility of it rebounding upward may be greater than the possibility of it falling.
11. Pick up unexpected wealth: Sometimes you buy and sell a commodity and get a greater profit than expected in a short period of time. Rather than waiting a few days to see why profits come so quickly, it is better to take them and run!
12. Learn to short sell: Most new investors tend to buy up, that is, buy in markets that they think will rise, but because the market often falls faster than it rises, you can quickly make profits by selling at high prices and buying at low prices. Therefore, the counter-trend operation method is worth learning.
13. After making a decision, act decisively and quickly: The market is not kind to those who procrastinate. So one of the methods used by successful traders is to act quickly. This does not mean that you have to be impulsive, but when your judgment tells you that you should close your position, do it immediately without hesitation.
14. Choose a conservative, professional and conscientious salesperson: A good salesperson must be able to pour cold water on you in time to prevent you from overdoing it in this market; at the same time, he must also have professional knowledge to provide you with exceptions that may occur at any time in the market.
15. Successful operations are like slowly climbing up a slope, while failed operations are like rolling down a slope: the stories of getting rich in one day that are widely circulated in the market are just stories. Without a solid foundation, even if you get one day's wealth, you can't keep it. Therefore, successful operators must try to create a framework, cultivate good operating habits, and slowly establish a successful operating model.
16. Never violate good rules: What is a good rule? As long as you think it is a good rule that can help you make a profit or reduce losses in operation, it is a good rule, and you should not violate it. When you find that you have violated a rule, leave the market as soon as possible, otherwise you should at least reduce the volume of operations.
17. Putting it in your pocket is real: a wave of market conditions cannot rise continuously without rest, and you must learn to put the profits in your pocket to avoid the profits on the books turning into losses.
18. Try to use the market for hedging: when the overall economy weakens, market risks increase. In order to reduce risks and increase profits, hedge and sell hedging in the market in order to form a price insurance function.
19. Buy when there is a rumor that the price is going to rise, and sell when it really rises: If there is a rumor in the market that the price is going to rise, then you should buy based on this news, but when this news comes true, it is time to sell. For one sell, there may be multiple sell news, because the market tends to build news into the market price.
20. The bull market will be crushed by itself: This is an old trading rule in the trading market. It says that when the price of a bull market soars, it may be crushed to the limit by its own weight. So, when you are in a bull market, you should be particularly bearish on news.
21. Detect price trends: The price chart is one of the basic tools of successful traders. You can use it to see the main trend of prices. A common mistake made by commodity investors is to buy when the market is basically trending down, or sell when it is rising.
22. Pay attention to the breakout points in the trend chart: This is the only method used by some successful traders. They draw a curve chart of the trading price for several consecutive days. If the price trend breaks through the previous trend and remains for more than two or three days in a row, it is usually a good buy or sell prompt.
23. Pay attention to the 50% retracement point in the main trend: You may often hear that the market is running in a technical rebound. This means that after a big rise (or fall), the market will have a 50% reverse movement.
24. When choosing buying and selling points, use the half-cut rule: This means finding the range of commodity buying and selling, and then cutting the range in half, buying in the lower half, or selling in the upper half. This rule is particularly useful when the market follows the chart track.
I hope it helps you. The rest will be updated in new articles. If you need it, you can check it on the homepage after following it.