GOLDBTCUSDGBPJPYEURUSD To Become Successful Trader Follow These Habits 1) Manage Risk Use Small Lots Size And Always Set a Stop Loss 2) Keep Learning Learn From Mistake And Improve Your Strategy 3) Stay Disciplined Create a Trading Plan And Stick To It 4) Control Emotions Don't Make Decisions Based On Fear or Greed
Entry: 189.151 ๐ Stop Loss: 188.620 ๐ (Below 78.6% Fib level) Take Profit 1: 189.769 ๐ฏ (61.8% Retracement Zone) Take Profit 2: 190.300 ๐ (Daily Swing High Confluence)
Reason for Entry:
Price aligns with 61.8% Fibonacci support (retracement from swing low 185.90 โ high 192.40). Bullish reversal candlestick (hammer) confirmed on 1H timeframe. Confluence with strong horizontal support at 189.00โ189.20.
๐ด Intraday Sell Trade Setup
Entry: 189.769 ๐ Stop Loss: 190.450 ๐ (Above 38.2% Fib Extension) Take Profit 1: 189.151 ๐ฏ (Daily Pivot & 50% Retracement) Take Profit 2: 188.500 ๐ (200-period EMA on 4H Chart)
Reason for Entry:
Resistance at 38.2% Fibonacci level (extension from swing high 192.40 โ low 187.80). Bearish divergence between price and RSI (4H chart). Cluster of previous swing highs near 189.70โ190.00 zone.