Bitcoin Quote 😶🌫️Ladies and Gentlemen,
Today, I want to share with you a story about the world of trading investments. It's a realm filled with highs and lows, truth and deception, clarity and confusion. In this game, the reality is often obscured by false signs and misleading indicators. But through it all, one thing becomes clear: it's just a game. A game of life.
We venture into this world with aspirations, hoping to make the right choices, to spot the genuine opportunities amidst the noise. But what is it all for? What are we trying to prove? At the end of the day, it's about who comes out on top, for the winner takes everything.
So, can we be winners or losers? The answer lies in our mindset. Losing happens when we give up, when we let go of our dreams and aspirations. As long as we persevere, we keep the possibility of winning alive.
As the great Winston Churchill once said, "Success is not final, failure is not fatal: It is the courage to continue that counts."
Embrace this journey, face the challenges head-on, and never let temporary setbacks define your future. Remember, every step you take, every effort you make, brings you closer to your goals.
Karma.
Mapping
EURUSD H4 15 March 2024EUR/USD, H4 15 March 2024
The EUR/USD pair sustained bearish momentum driven by US Dollar appreciation following
stronger-than-expected inflation data. Diminished expectations for Fed interest rate cuts in the short term contrasted with upcoming ECB policy maker comments on monetary policy prospects in Europe. Investors monitored monetary statements for further trading signals amidst ongoing market volatility.
EUR/USD is trading lower while currently testing the support level. Suggesting the pair might extend its losses after breakout.
Resistance level: 1.0960, 1.1005📉
Support level: 1.0870, 1.0800📈
GBPUSD H4 15 March 2024GBPUSD H4 15 March 2024
Lack of market catalysts from the UK region coupled with US Dollar appreciation prompted a bearish momentum for the GBP/USD pair. Strong US inflation data and high PPI figures dimmed expectations for Fed easing policies, contrasting with the UK's economic rebound from recession, which pushed back expectations for a Bank of England rate cut.
GBP/USD is trading lower following the prior breakout below the previous support level. Suggesting the pair might extend its losses.
Resistance level: 1.2770, 1.2860📉
Support level: 1.2700, 1.2615📈
XAUUSD H4 15 March 2024🔖XAU/USD, H4🔖 15 March 2024
Gold prices extended losses and consolidated around after reaching record highs. Investors opted for profit-taking strategies while awaiting further catalysts before re-entering the market. Improved inflation data raised expectations for the Federal Reserve to delay rate cut policies, potentiallyn impacting non-yielding commodities like gold.
Gold prices are trading lower following the prior retracement from the resistance level. Suggesting the commodity might enter overbought territory.
Resistance level: 2175.00, 2265.00📉
Support level: 2100.00, 2050.00📈
DOLLAR_INDX,DXY H4 1 March 2024DOLLAR_INDX, H4
The Dollar Index maintains a steady position as the US Core PCE Price Index registers a decline to 2.4% on a yearly basis in January, in line with market projections. Despite the dip, the impact on the Dollar's performance against other currencies is limited, as attention turns to additional economic indicators, including disappointing Initial Jobless Claims and Chicago PMI figures.
The Dollar Index is trading higher following the prior rebound from the support level. MACD has
illustrated increasing bullish momentum, while RSI is at 61, suggesting the index might extend its
gains since the RSI stays above the midline.
Resistance level: 104.50, 104.95
Support level: 103.70, 102.90
USDJPY H4 28 Feb 2024USD/JPY, H4 28 February 2024
The Japanese Yen experienced a boost from its positive CPI data released yesterday, although the
initial momentum has tapered, leaving the currency pair in a consolidation phase at recent highs. The
upcoming release of U.S. GDP data later today is highly anticipated, poised to be a significant
economic indicator that could steer the direction of the currency pair. Moreover, market participants
are also keenly awaiting the U.S. PCE reading, scheduled for Thursday, adding another layer of
anticipation to the week's economic calendar.
The pair has formed a higher high, and an ascending triangle price pattern suggests a potential
bullish trend for the pair. The RSI is hovering near the 50 level while the MACD declines to near the
zero line, suggesting the bullish momentum has drastically eased.
Resistance level: 151.85, 154.90
Support level: 149.50, 147.60
Bullish BOS in EURUSDin 4H Structure is Bullish . But After EX Order Block , we have a mCHOCH and mLPP in 4H
in 15min , Structure is Bullish but we have LPP and 2 Order Block ( DE , EX ) that we can think about trading for then .
If 4H mLPP is Running => then we have 1 minor Order Block in 4H . when refine it in 15min , we can marked 2 other Order Block .
==>> we have 4 ZONE for BUY
Gold Mapping for 31/8/22: Key Areas As we are in the last day of August, mean the monthly candle is closing, there are too many possibility that might happen, with the 3 news that need to be considered; ADP Non Farm Employment Change, Chicago PMI and FOMC Mester Speaks. Put aside the news which we cant control, here i prepare a couple of key areas or zone that i think worth to be watched. These are fresh zone from yesterday action sketches based on my knowledge for you to observe and this is not a financial advice.
As of now, price is around 1722, what i think, if the price goes down, it will bounce in the area of 1717, go further up to the zone above before bounce back again. OR the price can go up first before being rejected down to fall to 1717 and continue. Please note that 1717 is strong area and a good kick might happen over there. but all of this might change with the news, please expect one of two zone be broken during the news. i will explain further regarding the zone in the future, as i need more time getting use to explain things in writing. The idea is the zone is the place where the price might do some rejection for scalping and daytrading. around 20-50pips.
Regards,
K
gbpusd fake out set up gbpusd has the potential to form a fake out set up, this is still wishful thinking, I think, because I'm still learning this method, it's a good idea to re-analyze this
1.33778 is a resistance area with a support area at 1.31605 , the price is expected to move up first and fall on fake resistance at least one time and make a fake out
audusd low risk trading I see a good area but it's not fresh, but it can still be used. The area is 0.72380 - 0.72538 with a target area of around 0.47580 . I hope this trading plan goes well for tomorrow Monday
I will research this technique further to get a good risk reward and those of you who read this analysis will be living witnesses of my trading technique