GOLD - at today support? what's next??#GOLD.. perfect move as per our analysis and now again market at his today most important supporting area 2575 to 2577 around.
keep close that region because if market hold it then again bounce expected from here.
and keep in mind that its our cut n reverse region on confirmation of downside breakout.
dont be lazy here. .
good luck
trade wisely
Tradingview
DreamAnalysis | Technical Analysis Dow Theory EP01📚 Welcome to the Educational Content Section of Our Channel: Technical Analysis Training
We aim to produce educational content in playlist format that will teach you technical analysis from A to Z. We will cover topics such as risk and capital management, Dow Theory, support and resistance, trends, market cycles, and more. These lessons are based on our experiences and the book The Handbook of Technical Analysis, as well as our learning and insights from the Trade City Pro channel.
🎨 What is Technical Analysis?
Let’s talk a bit about technical analysis and patterns in life. Technical analysis is not a science; rather, it is an art. Therefore, there is no right or wrong in art. Instead, we apply rules we have created through experience in this lawless market.
📊 Introduction to Dow Theory :
Today, for the first part of our lessons, we will begin with Dow Theory, which was developed by American journalist Charles Dow. Many traders still use this method for analysis and trading.
📑 Principles of Dow Theory :
1 - The Averages Discount Everything (Not applicable to crypto)
2 - The Market Has Three Trends
3 - Trends Have Three Phases
4 - Trend Continues Until a Reversal is Confirmed
5 - The Averages Must Confirm Each Other
6 - Volume Confirms the Trend
💵 Principle 1: Price is All You Need
Dow's theory operates based on the "Efficient Market Hypothesis," which assumes that the price of assets reflects all available information. In other words, this approach contrasts with behavioral economics. Factors like earning potential, competitive advantage, management competence—all are accounted for in the price, even if individuals do not know all the details. In more precise readings of this theory, even future events might be reflected in the current market price.
📊 Principle 2: The Market Has Three Types of Trends
According to Dow Theory, price movements in the market are trend-based, and these trends can be divided into three types:
1 - Primary Trend: This is the main movement of the market, dictating the long-term direction, and can last for years.
2 - Secondary Trends: These are corrective movements that run opposite to the primary trend. For instance, if the primary trend is bullish, the corrective trend will be bearish. These trends can last from weeks to months.
3- Minor Trends: These are the daily price fluctuations in the asset. Although minor trends can last for weeks, their direction will always align with the primary trend, even if they contradict the secondary trend.
💡 Final Thoughts for Today :
This is the end of this part, and I must say we have a long journey ahead. We will continually strive to produce better content every day, steering clear of sensationalized content that promises unrealistic profits, and instead, focusing on the proper learning path of technical analysis.
⚠️ Please remember that these lessons represent our personal view of the market and should not be considered financial advice for investment.
It looks like we are ready to go long! 🚀 #Bitcoin Monthly Chart Update 🚀
After breaking out from its previous all-time high, #BTC is now retesting that key level.
The current monthly candle looks solid, showing signs of strength! 📊
This could be the beginning of a major move upward, in my opinion. 💡
What are your thoughts on this setup? Drop your views below! 👇
#Crypto
USDJPY - at most expensive region of the months? Next??#USDJPY.. market just reached at his most expensive region of the decades.
Don't be lazy here guys and keep close.
The region is 140.50 to 141 around
And if market hold it then bounce expect d from here.
And one thing more keep in mind that if market didnot hold it then CUT N REVERSE keep in hand on confirmation.
Good luck
Trade wisely
#BTC #Bitcoin #Update #Setup 15 #Eddy#BTC #Bitcoin #Update #Setup 15 #Eddy
I don't know the main reason why I changed my mind from a sharp market fall, but at least I know that I used to take Bitcoin from the $25,000 range to very large targets, but it makes sense to introduce this setup to you. On the monthly time frame Bitcoin has closed above the previous ceiling with the body of the candle and on the other hand we have a valid exchange range that can support Bitcoin and cannot be ignored, but the market maker always surprised us. If I were to act like a sniper, the setup I have considered is suitable for the stated objectives, but I have marked the important support areas for you anyway, including the weekly block order I specified with WOB and finally If the monthly block order area I specified with Mob is gone. , we can see the drop until we reach the target of our previous 14 setup. & Do not forget that the WOB area should not be neglected.
Related Analysis & Setups of Bitcoin : (( BTC/USD )) : Check Link :
Good memories of the time I threw Bitcoin to the Moon From the $40,000 range :
"It is true that it stopped, but it does not diminish the value of my analysis. ((This was the first setup to be published in tv.))"
Related Analysis of Bitcoin Dominance : (( BTC.D )) : Check Link :
"If everything goes according to my old analysis of Bitcoin Dominance, then this update can be approved."
The 13 EMA System Explained...We are trying to create a video but
my internet is too slow to upload
so instead, for now, I will try to teach you
using text.
Sadly because of my slow internet
we can only upload 3-minute videos.
That is why it's very difficult for me to
explain the trading strategies to the full
But either way, we will try to let you know
how to trade forex.
In this article, we are looking at the
power of the 13 EMA system
Because it helps you determine
if a stock price is under valued or not.
In This forex pair using the CCI indicator
changed into the 13 EMA
You can see that the price of this
forex pair is overvalued
which means its too expensive.
Hence why its a good short position.
This is why this forex pair
is going to crash!!
You should short this pair and
take profits.
Rocket boost this content to learn more.
Disclaimer: Trading is risky please learn
risk management and profit-taking strategies.
USOIL - at his most expensive region ? holding or not??#USOIL - perfect move as per our last couple of ideas.
now market at his one of the most expensive region of month that is around 66.30 to 67.20
keep close that region because if market hold it then you can see a bounce from here otherwise below that you will see a smooth drop towards his next supporting areas.
dont be lazy here.
good luck
trade wisely
BTCUSDT - one n single area, what's next??#BTCUSDT.. first of all congratulations to all who followed us from last couple of ideas regarding BTC.
Market very well followed our analysis and now again market is just below his immediate resistance that is 55700 55800 around
Keep close that area thats need your focus actually and if market hold it then another smooth drop on the way.
Keep close 55700 55800 and don't holds your buying positions below that level.
Good luck
Trade wisely
GOLD - where is today support? what's next??#GOLD.. due to overall uncertainty gold behave is indicate a buying scnerios but on chart game is different.
overall for today we discussed in our video analysis that market have 2516 with minor support 2511 around and as you can see marekt hold our 2nd minor support sofar.
now keep close that region that is your ultimate area n region from 2511 to 2516 that 5 points region can change the totally change.
only short below your region otherwise not at all AND UPSIDE BREAKGE CAN BE A GOOD BUY SIGN..
otherwise stay aside.
good luck
trade wisely
USOIL.. one n only area, hold or not??#USOIL... First market HITT our upside targeted areas and then dropped.
Now it reached near to his one of the most important supporting area 72.10
That level can change the overall acnerios of market.
Keep close it because if there is any kind of buying scnerio exist then it should be hold this area.
72.10
Keep close and stay sharp.
Good luck
Trade wisely
XAUUSD | 15m ForecastThe market made a bearish Break of Structure (BoS) and then took buy-side inducement. The market is likely to grab sell-side liquidity and then make a bullish move until it completes an entire buy-side liquidity sweep. After that, it will likely move bearish.
can take positions(long, short) accordingly followed by 15m clear confirmations at Killzones
XAUUSD | Forecast | Day Time FrameThe daily time frame has already confirmed a bullish trend. The identified resistance zone is the current area of interest, likely to sweep the entire buy-side liquidity, and then the market may move into a bearish trend for a while until it grabs sell-side liquidity (at least until inducement).