Octaviuss

In price action trading, identifying Higher Highs (HH) and Lower Lows (LL) may seem simple, but it’s actually one of the most essential foundations for reading market structure. If you get it wrong, you’ll often end up trading against the trend without realizing it. 1. Understanding Higher Highs & Lower Lows Higher High (HH): a new peak that’s higher than the previous one → indicates the uptrend is still intact. Lower Low (LL): a new trough lower than the previous one → confirms the downtrend continues. It sounds simple, but the tricky part lies in choosing the correct main swing to read from. 2. Common Mistakes That Mislead Traders Many traders identify HH–LL patterns on very small timeframes, which causes confusion because of minor pullback waves inside the bigger trend. Example: The M5 chart might show HH–HL (uptrend), while the H1 chart is clearly forming LL–LH (downtrend). If you buy based on the small timeframe, you’re essentially buying into a pullback. 💡 Pro tip: Always identify the main market structure on higher timeframes (H1–H4) before looking for entries on smaller ones. 3. How to Identify Them Accurately Find the main swing: Look for the points where price truly reverses with strong candles or noticeable volume. Mark clear highs and lows using the swing high/swing low tool. Check structural continuity: If HH and HL remain intact → the trend is bullish. If LL and LH keep forming → the trend is bearish. If the structure breaks (for example, a HH forms in a downtrend) → the market may be shifting direction. 4. Practical Tips Use the H4 timeframe to determine the overall trend. Then, drop to M15 or M30 to locate precise HH/LL points for entry. Avoid identifying HH/LL inside sideways (ranging) markets — it’ll only confuse your analysis.

Bitcoin/USDT has surged strongly after confirmation of a high-level meeting between the U.S. and Chinese leaders, easing concerns over tariffs and trade tensions. At the same time, U.S. CPI data for September came in below expectations, reinforcing the possibility that the Federal Reserve may soon cut interest rates — creating a favorable environment for risk assets like Bitcoin. On the chart, the price has rebounded from the 107,000 USD support zone and is now testing the 111,000 USD level — a clear sign that the bullish structure remains intact. If the support holds and the price breaks above nearby resistance, the next target could lie around 120,000 USD or higher. Current strategy: prioritize buying on minor pullbacks around 108,000–110,000 USD while aiming for higher targets. However, if the 107,000 USD support breaks, it would signal the need for a more cautious approach.

Hello traders, With U.S. CPI rising sharply to 3.1% (compared to the forecast of 2.9%), inflation remains elevated, reinforcing the likelihood that the Fed will not cut interest rates anytime soon. With higher interest rates, the opportunity cost of holding gold (a non-yielding asset) increases, causing capital to flow into USD, which is a negative factor for gold. On the H4 chart, XAUUSD is facing pressure at the 4.150 level, with a pullback pattern forming within a descending channel. After reaching this level, the price of gold is likely to continue its decline, with the next target being the 4.080 support area, and potentially heading toward 3.830 if the bearish momentum persists. Additionally, while both the PMI for manufacturing and services have slightly decreased , reflecting a slowdown in the U.S. economy, the CPI remains the dominant factor , limiting the potential for gold's short-term price increase.

After a short technical rebound around 111–113k, Bitcoin is now facing a strong resistance zone — where both EMA 34 & EMA 89 converge, along with a key supply area that triggered the mid-October selloff. Structurally, the chart is forming a series of lower highs , while the recovery momentum remains weak and buying volume keeps fading — clear signs that bulls are losing strength. If BTC fails to break above the 113k–115k zone, the price could turn lower toward 107k support , or even retest the long-term ascending trendline. Although recent news shows continued ETF inflows, their impact seems to be diminishing. With the USD showing mild strength and market sentiment still cautious after the earlier crash, bears are gradually taking control in the short term. Scenario to watch Resistance zone: 113k – 115k Target zone: 107k – 105k Upcoming trend: mild downside or support retest

Gold prices recently rose by nearly 1% during the Asian trading session on Thursday, recovering from two consecutive days of declines. The main reason for this is the renewed US-China trade tensions , which have increased demand for safe-haven assets like gold. At the same time, investors are awaiting important inflation data from the US , which could significantly impact the gold trend moving forward. Technically, the chart shows that gold has experienced a slight correction after a strong rise from 4,060,000 USD. It is currently fluctuating within the range of 4,060,000 USD – 4,200,000 USD. Both EMA34 and EMA89 are supporting the price from below, confirming that the uptrend remains intact, despite the temporary correction. Trading Strategy: Buy if gold holds above 4,060,000 USD, with a target towards 4,200,000 USD. Sell if gold fails to break through 4,200,000 USD and returns to test support at 4,060,000 USD. In conclusion, with rising trade tensions and increased demand for safe-haven assets, gold is on a strong uptrend and is likely to continue testing the 4,200,000 USD resistance level in the near future.

ETHUSDT is currently trading within a sideways range between $3,750 and $4,580. The support at $3,750 has been tested multiple times and remains strong, while the resistance at $4,580 continues to be tested but has not been broken yet. Technical Analysis: EMA34 and EMA89 are providing support from below, indicating that the long-term uptrend is still intact, although in the short term, the market is struggling to break through the current resistance levels. The price is moving within a narrow range, creating a clear sideways trend. However, if the price cannot break $4,580, there is a possibility it will continue to trade within this range. News: Institutional inflows into ETH remain steady, supporting the long-term uptrend, although in the short term, the market lacks the momentum to break the resistance levels. Macro factors like the U.S. CPI and expectations for Fed rate adjustments will impact the cryptocurrency market, but overall, ETH continues to maintain good stability within this range.

Hello traders, Although Bitcoin showed a slight recovery on Wednesday, the crypto market is still struggling after the sharp decline in early October. Selling pressure remains strong, as the market hovers near recent lows with no clear signs of recovery. With uncertainty surrounding the U.S. economy and ongoing trade tensions with China, investors are avoiding risk – further weighing on risky assets like Bitcoin. In addition, the drop in gold prices hasn’t provided enough buying momentum for the crypto market to rebound. The BTC/USDT chart clearly shows a strong downtrend with a steep descending trendline, and resistance around $112,000 has already been pushed back. The price is expected to continue falling, with the next support area around $102,000. A great opportunity to sell Bitcoin and take advantage of this downtrend!

Hello traders, Gold experienced a sharp decline on October 21st , as investors began to take profits following strong expectations that the U.S. might cut interest rates. This is a necessary correction after a sustained rally that pushed gold to record highs. However, don’t be too quick to assume this signals a strong downtrend – even during this correction, gold still maintains certain strength. With the easing of trade tensions between the U.S. and China, as indicated by President Donald Trump's forecast of a peace deal , the demand for safe-haven assets like gold might decrease. However, keep in mind that, in the long run, factors such as the Fed’s ongoing low interest rate policy will continue to support gold prices. The current chart shows gold recovering after a sharp drop to the support level of 4,020,000 USD/ounce , with a strong bullish candle forming above the EMA 34 line (red), signaling the continuation of the long-term uptrend. The next target could be 4,210,000 USD/ounce, but before reaching this level, gold might experience a slight correction, providing an opportunity to enter at a more attractive price. If you are holding gold, be patient and wait for the next breakout.

Hello Traders, Bitcoin is facing a strong downtrend after the weekend recovery lost momentum, with the cryptocurrency lagging behind other risk markets in gaining momentum, thanks to easing US-China trade tensions. Despite an improved risk sentiment, Bitcoin failed to maintain above the 110,000 USD level. The BTC/USD chart shows a strong bearish pattern. After hitting a high earlier in the month, a sharp decline pulled Bitcoin away from its record highs, wiping out approximately 500 billion USD in market capitalization. Forecasts suggest that BTC/USD may continue to decline towards support levels at 103,500 USD and 97,900 USD, with TP1 and TP2 targets respectively. Other News: Bitcoin is struggling to maintain above 110,000 USD after a sudden drop in early October, increasing risk-averse sentiment in the cryptocurrency market. The optimism surrounding "uptober" is also quickly fading, with Bitcoin showing a loss of over 2% for the month.

Hello everyone, Gold has made an impressive breakout, doubling in value over the past two years, and is now approaching the 4,400 USD/ounce level. However, this also raises concerns about the potential formation of a speculative bubble, which could lead to a market collapse similar to previous gold investment frenzies. Nevertheless, the current uptrend is still supported by strong macroeconomic factors. Expectations for continued US rate cuts and the demand for gold as a safe-haven asset amid political instability in the US continue to push gold prices higher. Additionally, on October 20th, gold surged due to the instability created by the US government shutdown, prompting investors to turn to gold as a value-preserving asset while awaiting US-China trade negotiations and upcoming inflation data from the US. Technical Analysis XAUUSD is moving strongly within an ascending channel, currently trading around 4,345 USD, near the previous highs. The key support is at 4,240 USD – if the price adjusts back to this level and holds, the uptrend will likely continue. Short-term targets: 4,430 USD (TP1) and 4,500 USD (TP2). RSI indicates strong bullish momentum with no signs of reversal. Conclusion With favorable macroeconomic conditions and strong technical trends, gold maintains its bullish trajectory. Minor pullbacks may provide buying opportunities with a target at the 4,500 USD region.