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Supportandresistancezones

VZ 5M Long Daytrade Aggressive Trend TradeAggressive Trend Trade - short impulse + volumed T1 level + support level + biggest volume weak attempt manipulation Calculated affordable stop limit 1 to 2 R/R take profit Hour Trend "+ open gap with retest + long impulse + SOS test level + 1/2 correction + support level + volume zone" Daily CounterTrend "- short impulse - biggest volume TE / T1" Monthly Trend "+ long balance + historical 1/2 correction with exhaustion volume in the end + initiative take over + ICE level + volumed? 2Sp + weak test" VZ @NYSE Sell Limit 40.22, GTC Sell Stop 39.89 LMT 40.01, GTC
NYSE:VZLong
by MishaSuvorov
GBPJPY ( BELOW FVG ) (4H)GBPJPY HELLO TRADERS Tendency , the price inside two turning level around 199.493 & 197.879 . TURNING LEVEL (1) : the price of this level at 199.493 , so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 197.879 , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 201.419 , for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 203.814 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) SUPPORT LEVEL (1) : this level around 195.223 , for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 191.917 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE LEVEL : currently price 1.286 , have two scenario , first corrective turning level (1), before dropping to touch a turning level (2) , then breaking this level reach a support level (1), second corrective turning level (2) , to reach a turning level (1) , then breaking this level reach a resistance level (1). TARGET LEVEL : RESISTANCE LEVEL : 201.419 , 203.814 . SUPPORT LEVEL : 195.223, 191.917.
Short
by ArinaKarayi
BITCOIN ( TRADING INSIDE DESCENDING CHANNEL ) (4H)BINANCE:BTCUSDT.P HELLO TRADERS Tendency , the price inside two turning level at 65,475 & 63,714 . TURNING LEVEL (1) : the price of this level at 65,475 , so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 63,714 , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 68,149 , for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 71,671 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) . SUPPORT LEVEL (1) : this level around 60,758 , for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 56,890 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE LEVEL : currently price 63,994 , have two scenario , first corrective 65,475 , before dropping to touch a 63,714 , then 60,758, second corrective 63,714 to reach a 65,475 , then breaking this level reach a resistance level (1). TARGET LEVEL : RESISTANCE LEVEL : 68,149, 71,671. SUPPORT LEVEL : 60,758 , 56,890 .
BITSTAMP:BTCUSD
by ArinaKarayi
NAS100USD ( INSIDE DEMAND ZONE ) (4H)NAS100USD HELLO TRADERS Tendency , the price inside demand zone it is a sensitive area between 19,116 & 18,776 . TURNING LEVEL (1) : the price of this level at 19,116 , so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 18,776 , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 19,526, for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 20,112 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) SUPPORT LEVEL (1) : this level around 18,236 , for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 17,811 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE LEVEL : currently price 19,060 , have two scenario , first corrective turning level (1), before dropping to touch a turning level (2) , then breaking this level reach a support level (1), second corrective turning level (2) , to reach a turning level (1) , then breaking this level reach a resistance level (1). TARGET LEVEL : RESISTANCE LEVEL : 19,526 , 20,112 . SUPPORT LEVEL :18,236 , 17,811 .
OANDA:NAS100USD
by ArinaKarayi
ETC/USDT Trading ScenarioAfter reaching a local high of $39.65, the price of ETC sharply corrected to $18.15, a drop of over 50%. According to the volume profile, the price fell into a local accumulation zone near the Point of Control (POC), from which a reversal movement began. Additionally, there was a third touch of the descending support level. In the current price range, buying the asset is appealing both for adding to a long-term portfolio and for a speculative trade, with potential to close the position around the resistance level of $39.65.
by Rick_SimpleSwap
Buy EUR/JPY Head & Shoulder PatternThe EUR/JPY pair on the M30 timeframe presents a potential Buying opportunity due to formation Head & Shoulder pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 167.12. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 169.38 2nd Support – 171.10 Stop-Loss: To manage risk, place a stop-loss order below 164.60. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Long
by KABHI_TA_TRADING
4
SLB 5M DayTrade Long Aggressive CounterTrend tradeAggressive CounterTrend trade - short impulse - unvolumed T1 level + volumed Sp? + support level + weak test + first bullish bar closed entry Calculated affordable stop limit 1 to 2 R/R take profit Hourly context "- short impulse + volumed T1 level + support level + 1/2 correction" Daily context "+ long impulse + above JOC SOS level? + support level + 1/2 correction" Monthly context "+ long balance + expanding ICE level + support level + 1/2 correction + volumed Sp" SLB @NYSE Sell Limit 48.70, GTC Sell Stop 47.68 LMT 48.03, GTC
NYSE:SLBLong
by MishaSuvorov
TSLA: Time to React? (D&H charts).As we warned in our last study, resistance at 265 was extremely dangerous, and prevented the uptrend from persisting. In addition, TSLA's price lost critical support levels, which reversed the trend in the short term, materializing the pullback on the daily chart that I mentioned in my last public study here on Tradingview, the link to which is below this post. Now, TSLA's price is trying to react around its support level near the open gap at 213.23. If TSLA fails to materialize a bullish reversal at this support area, we can expect more bearish continuation, and the next target would be 205.30. So the timing is critical, and it all depends on how TSLA closes this week. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
Gold Just Left me behind... AGAIN! Here's How you can Avoid This1. Daily Trendline Description: The yellow trendline running across the chart represents the overall upward trend on the daily timeframe. It shows that despite the recent fluctuations, the long-term trend has been bullish. Significance: This trendline serves as a dynamic support level. Traders often look for price action around this trendline to gauge the strength of the ongoing trend. A break below this trendline could signal a potential reversal or a stronger bearish movement. 2. Ascending Channel Larger Ascending Channel: Description: This channel is characterized by two parallel lines (yellow) sloping upwards. The price has been moving within this channel for a considerable period. Significance: The upper boundary acts as resistance, while the lower boundary serves as support. The price breaking below the lower boundary can indicate the end of the bullish trend and the beginning of a bearish trend. Smaller Ascending Channel: Description: A smaller channel within the larger context, indicating a shorter-term upward movement. Significance: The break below this smaller channel, as shown on the chart, signifies a potential reversal or correction within the larger trend. 3. Support/Resistance Description: Horizontal lines marked as support and resistance represent key price levels where the price has historically faced buying or selling pressure. Significance: These levels are crucial for identifying potential entry and exit points. The support level acts as a floor where buying interest is strong enough to prevent the price from falling further. Conversely, the resistance level acts as a ceiling where selling interest prevents the price from rising further. 4. Higher High (HH) and Lower High (LH) HH (Higher High): Description: A peak higher than the previous peak, indicating the continuation of an uptrend. Significance: The formation of a higher high typically signals bullish momentum. However, in this case, the subsequent failure to maintain this level and the formation of a lower high (LH) suggests weakening bullish strength. LH (Lower High): Description: A peak lower than the previous peak, indicating potential trend reversal. Significance: The lower high after a higher high is a bearish signal, suggesting that buyers are losing control and sellers are gaining strength. 5. 15M/5M Bear Flag Entry Description: A bear flag pattern on the 15-minute and 5-minute timeframes is highlighted. This pattern consists of a sharp decline followed by a short consolidation in the form of an upward-sloping channel (flag). Significance: The bear flag is a continuation pattern, indicating that after a brief consolidation, the price is likely to continue its downward movement. The breakout from this flag pattern provides a potential entry point for short positions. 6. Target Profit Levels (TP 1 and Daily LQZ/TP 2) TP 1 (2,347.560): Description: The first target profit level is set at 2,347.560. Significance: This level is likely determined based on historical support levels or a measured move from the recent price action. Traders might look to take partial profits or exit their positions at this level. Daily LQZ/TP 2 (2,265.195): Description: The second target profit level is set at 2,265.195, which aligns with the daily liquidity zone. Significance: This is a more ambitious target, potentially indicating a stronger bearish move. The liquidity zone suggests an area with significant trading volume, which could act as a magnet for the price. Conclusion The chart presents a comprehensive analysis of the XAUUSD (Gold Spot) with multiple technical indicators suggesting a potential bearish outlook. The breakdown from the ascending channels, the formation of a lower high, and the bear flag pattern all point towards a continuation of the downward trend. The identified support and resistance levels, along with the target profit zones, provide clear benchmarks for managing trades.
OANDA:XAUUSDShort
by Adlercon333
Missed the XAUUSD Move? Here’s What You Overlooked!1. Daily Trendline Description: The yellow trendline running across the chart represents the overall upward trend on the daily timeframe. It shows that despite the recent fluctuations, the long-term trend has been bullish. Significance: This trendline serves as a dynamic support level. Traders often look for price action around this trendline to gauge the strength of the ongoing trend. A break below this trendline could signal a potential reversal or a stronger bearish movement. 2. Ascending Channel Larger Ascending Channel: Description: This channel is characterized by two parallel lines (yellow) sloping upwards. The price has been moving within this channel for a considerable period. Significance: The upper boundary acts as resistance, while the lower boundary serves as support. The price breaking below the lower boundary can indicate the end of the bullish trend and the beginning of a bearish trend. Smaller Ascending Channel: Description: A smaller channel within the larger context, indicating a shorter-term upward movement. Significance: The break below this smaller channel, as shown on the chart, signifies a potential reversal or correction within the larger trend. 3. Support/Resistance Description: Horizontal lines marked as support and resistance represent key price levels where the price has historically faced buying or selling pressure. Significance: These levels are crucial for identifying potential entry and exit points. The support level acts as a floor where buying interest is strong enough to prevent the price from falling further. Conversely, the resistance level acts as a ceiling where selling interest prevents the price from rising further. 4. Higher High (HH) and Lower High (LH) HH (Higher High): Description: A peak higher than the previous peak, indicating the continuation of an uptrend. Significance: The formation of a higher high typically signals bullish momentum. However, in this case, the subsequent failure to maintain this level and the formation of a lower high (LH) suggests weakening bullish strength. LH (Lower High): Description: A peak lower than the previous peak, indicating potential trend reversal. Significance: The lower high after a higher high is a bearish signal, suggesting that buyers are losing control and sellers are gaining strength. 5. 15M/5M Bear Flag Entry Description: A bear flag pattern on the 15-minute and 5-minute timeframes is highlighted. This pattern consists of a sharp decline followed by a short consolidation in the form of an upward-sloping channel (flag). Significance: The bear flag is a continuation pattern, indicating that after a brief consolidation, the price is likely to continue its downward movement. The breakout from this flag pattern provides a potential entry point for short positions. 6. Target Profit Levels (TP 1 and Daily LQZ/TP 2) TP 1 (2,347.560): Description: The first target profit level is set at 2,347.560. Significance: This level is likely determined based on historical support levels or a measured move from the recent price action. Traders might look to take partial profits or exit their positions at this level. Daily LQZ/TP 2 (2,265.195): Description: The second target profit level is set at 2,265.195, which aligns with the daily liquidity zone. Significance: This is a more ambitious target, potentially indicating a stronger bearish move. The liquidity zone suggests an area with significant trading volume, which could act as a magnet for the price. Conclusion The chart presents a comprehensive analysis of the XAUUSD (Gold Spot) with multiple technical indicators suggesting a potential bearish outlook. The breakdown from the ascending channels, the formation of a lower high, and the bear flag pattern all point towards a continuation of the downward trend. The identified support and resistance levels, along with the target profit zones, provide clear benchmarks for managing trades.
OANDA:XAUUSD
by Adlercon333
Gold's Next Big Move: Will XAUUSD Break Resistance or Crash? Chart 1: 4-Hour Timeframe Trend Analysis: The chart shows a clear upward trend, forming higher highs and higher lows. A wedge pattern is visible with converging trend lines indicating a potential breakout scenario. Key Levels: Support: Around 2348.248 (4hr LQZ). Resistance: Approximately 2412.240. Major Resistance: The upper trendline around 2480. Recent Price Action: The price has recently tested the lower trendline support and is currently retracing upwards. A lower high (LH) has formed around 2480, suggesting a potential reversal or consolidation phase. Potential Scenarios: Bullish: If the price breaks above the 2412 resistance, it may retest the upper trendline around 2480. Bearish: A break below the 4hr LQZ at 2348.248 could signal further downside towards the daily LQZ at 2267.320. Chart 2: 1-Hour Timeframe Trend Analysis: A shorter-term view confirming the upward trend with higher highs and higher lows. The formation of a wedge pattern indicates consolidation within a narrowing price range. Key Levels: Support: Around 2348.248 (4hr LQZ). Resistance: Approximately 2412.240, coinciding with the previous chart. Recent Price Action: Price recently bounced off the 4hr LQZ support level and is now hovering near the 2412 resistance. The lower high (LH) indicates sellers are stepping in around the 2412 level. Potential Scenarios: Bullish: Breaking and closing above 2412 could lead to further upside towards 2480. Bearish: Rejection at 2412 and a break below recent lows could target the 4hr LQZ support at 2348.248. Chart 3: 15-Minute Timeframe Trend Analysis: Short-term consolidation observed within a wedge pattern. Recent price action indicates potential for a breakout or breakdown from this pattern. Key Levels: Support: Around 2348.248 (4hr LQZ). Resistance: Approximately 2412.240. Recent Price Action: Price is consolidating just below the 2412 resistance level, forming a wedge pattern. The 15-minute timeframe shows the price struggling to break above 2412. Potential Scenarios: Bullish: A breakout above the wedge and 2412 resistance could lead to a quick move towards 2480. Bearish: A breakdown from the wedge could revisit the 4hr LQZ support at 2348.248. Conclusion The overall trend across multiple timeframes remains bullish with key resistance at 2412 and significant support at 2348.248. A break above 2412 could signal further upside towards 2480, while a failure to break and sustain above this level may lead to consolidation or a pullback to the 4hr LQZ support. Monitoring price action around these key levels will provide insights into the next directional move.
OANDA:XAUUSD
by Adlercon333
Dogecoin - The pump is so clear!CRYPTO:DOGEUSD is looking so bullish, Cycles, breakouts, sentiment and market structure. Dogecoin is combining all four of these bullish aspects and is preparing for a major move higher. After Dogecoin finally broke out of the triangle a couple of months ago, we already saw a rally of +250%. This is simply the starting of the next major crypto bullrun which will pump the entire altcoin market, especially Dogecoin! Levels to watch: $0.117 Keep your long term vision, Philip - BasicTrading
CRYPTO:DOGEUSDLong
by basictradingtv
14
SPY: A Dangerous Turning Point (D&W charts).The SPY chart exhibits some key technical aspects worth noting. On the daily chart, the price action has recently tested the double support area around the 21-day EMA and the 550 level. This confluence of support has provided a temporary floor, allowing the price to bounce back. However, if SPY misses this key support level in the future, it'll officially trigger a bearish reversal to its next support levels, like the 542, or even lower. On the weekly chart, the bearish engulfing pattern stands out. This pattern, occurring after reaching an all-time high, indicates a potential reversal or a strong corrective phase - if triggered. SPY's price would need to lose last week's low to trigger this pattern, which is very close to the 550 support seen on the daily chart. Therefore, this is a critical support area on multiplie time frames. The price action following this pattern suggests a weakening of the bullish momentum that previously drove the SPY to new highs. The 21-week EMA will be crucial as it has historically served as a dynamic support level throughout the upward trend, and it'll be a technical target if SPY reverses the bullish sentiment. The interplay between these support levels and the reaction to the bearish engulfing pattern will be critical in determining the next phase for the SPY. The trend is still bullish, but we are trading around a dangerous area, which could act as a major turning point for SPY. For now, let's closely monitor the price action around these levels, especially the behavior near the 550 support and the 529.08 EMA, for further clues on the ETF's direction. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.
AMEX:SPY
by Nathan_The_Finance_Hydra
TM 5M Long Daytrade Aggressive Trend TradeAggressive Trend Trade - short impulse + volumed TE / T1 + support level + volumed 2Sp+ + weak test - above first closed bullish bar level entry Calculated affordable stop limit 1 to 2 R/R take profit Hourly context counter trend "- short impulse + biggest volume transitory extremum / T1 + support level + biggest volume manipulation" Daily context (trend) "+ long impulse + T2 level + support level + volumed manipulation + 1/2 correction" Monthly context (trend) "+ long impulse + SOS level + 1/2 correction + support level + weak approach + volumed manipulation" TM @NYSE Sell Limit 200.85, GTC Sell Stop 199.53 LMT 199.97, GTC
NYSE:TMLong
by MishaSuvorov
EUR/USD Daily Chart - Triangle BreakoutThe EUR/USD pair on the Daily timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the upcoming Days. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.0900. Target Levels: 1st Resistance – 1.1083 2nd Resistance – 1.1210 Stop-Loss: To manage risk, place a stop-loss order below 1.0718. This helps limit potential losses if the price falls back unexpectedly. Thank you
Long
by KABHI_TA_TRADING
9
AMD - Correction of -40% over?NASDAQ:AMD just created a new all time high, however we have to be quite careful now. Volatility is the basis of every major trading position and trading profit. Advanced Micro Devices is just such a stock which offers volatile swings every now and then. Currently Advanced Micro Devices is retesting the previous all time high which is now acting as support. I do expect a move higher but there is simply no good risk to reward setup at the current levels. Levels to watch: $155, $110 Keep your long term vision, Philip - BasicTrading
NASDAQ:AMDLong
by basictradingtv
11
Unlocking XAUUSD Secrets: Prepare for Gold's Next Big Move!Technical Breakdown of XAUUSD Correctively Reached HTF Structure: The price has reached a higher time frame (HTF) structure through a corrective movement. This structure serves as a significant resistance level observed on higher time frames. Impulsively Got Here: Following the corrective phase, the price made an impulsive move upward, indicating strong buying momentum at that point. Forming Correction: After the impulsive move, the price is forming a correction pattern, typically signaling a potential continuation of the previous trend. This pattern is evident as a descending channel or flag formation. Support and Resistance Levels: Resistance at 2,412.678: A significant resistance level that the price tested but did not break through decisively. Support at 1HR LQZ (2,391.555): A key support level on the 1-hour chart where the price found temporary stability. Support at 4HR LQZ (2,348.039): A more substantial support level on the 4-hour chart, providing a strong base for potential reversals. Descending Channel Formation: The price is currently trading within a descending channel. This pattern often suggests a continuation of the prevailing trend upon a breakout. Key Level Highlight: Break Back Above Lower High (LH): The chart notes that a break back above the identified lower high (LH) would indicate a further pullback. This level is crucial as it may signal a change in short-term momentum. Potential Scenarios: Bullish Scenario: Breakout Above Descending Channel and LH Level: If the price breaks out above the descending channel and the LH level, it may indicate a further pullback and continuation of the upward trend. The price is likely to test the resistance zone near 2,412.678 and could move higher if it breaks through this zone. Bearish Scenario: Failure to Break Above LH Level: If the price fails to break above the LH level and descends further, it may indicate a continuation of the bearish trend. The price could test the 1HR LQZ support level first and potentially move down to the 4HR LQZ support level if bearish momentum continues. Consolidation and Patterns: The chart suggests that the price is currently consolidating within a tight range, indicating indecision. This could lead to a significant move upon breakout from this consolidation pattern. Conclusion: Monitoring the breakout direction from the current descending channel and the reaction to the LH level will provide valuable insights for potential trading opportunities. Key levels to watch include the 2,412.678 resistance zone and the 1HR and 4HR LQZ support levels. A breakout above the descending channel would favor a bullish scenario, while a failure to break above the LH level could suggest continued bearish pressure.
OANDA:XAUUSDShort
by Adlercon333
Gold Price Set to Explode! Here’s What You Need to Watch Today!Hey Traders, welcome back to my channel! 🚀 Today, we're diving deep into the latest XAUUSD analysis, and trust me, you don't want to miss this one. With gold prices poised for a significant move, understanding these key levels could make all the difference in your trading strategy. Let's get started with the 1-hour chart (shown below). 📊 Chart 1: XAUUSD 1-Hour Time Frame Analysis (July 21, 2024) Key Observations: Daily Bull Flag Formation: The chart highlights a daily bull flag pattern, which indicates a continuation pattern following a strong uptrend. On the daily TF sometimes this can take a bit longer to see due to how big this flag is on the (LTF) The price has been consolidating within this flag formation. Reversal Structure (Lower High - LH): There is a reversal structure where the price made a lower high (LH), suggesting a potential bearish reversal in the short term. Structure LTF (Lower Time Frame): The price structure on the lower time frame indicates an area where price could pull back and reject off of this area indicating the continuation of the Overall move. The second way this could play off of this area is we could get a clear impulsive move above this structure and then a rejection looking for higher moves in the Shorter Time Frame. 15-Minute Time Frame: The 15-minute time frame shows a detailed view of the consolidation and break down from the flag formation. where you could see how close we are to the LQZ shown on the 1HR 1HR Liquidity Zone (LQZ): Identified at 2,390.966, this zone may act as a significant support area and also our first Take Profit we gave last week. 4HR Liquidity Zone: Marked at 2,349.179, another major support area that aligns with the daily LQZ. If price end up breaking the 1HR LQZ impulsively then we could look for this area as Take Profit and then once we get down to this area we could potentially see a pullback. Daily LQZ: The daily liquidity zone is at 2,286.809, a crucial support level for the longer-term perspective. Potential Scenarios: Scenario 1: Bullish Continuation The price could bounce off the 1HR LQZ and continue the pullback on shorter time frame to the structure indicated as Lower Time Frame Structure. indicated by the Yellow path. Scenario 2: Bearish Continuation The price may break below the 1HR LQZ and head towards the 4HR and daily LQZs. indicated by the Green path. In this situation we would need to see a clear break below the 1HR LQZ then start to form some type of bearish pattern to show the continuation that could come. Scenario 3: Reversal to Upside After testing the support levels, the price could reverse and start a new uptrend, indicated by the orange path. We would need to see a clear break above the structure indicated by the box. This way we could see that on the Shorter Time frame of things we could get a deeper pull back. Recommendations: Watch for Reactions at Support Levels: Monitor the price action around the 1HR, 4HR, and daily LQZs for potential entry points. Set Alerts: Set alerts for breakouts above the recent highs and breakdowns below the key support levels. Manage Risk: Ensure proper risk management by setting stop-losses below support levels and taking profits at resistance levels.
OANDA:XAUUSD
by Adlercon333