PFXteam

Hi, I’m from Phoenix FX, and today I’ll be sharing my perspective on Bitcoin (BTC) price action based on the higher timeframes.I’ll also give you my outlook on potential trade setups for today and tomorrow. Please remember that this is not financial advice—use this information as a guide only. If you find it helpful, don’t forget to like and share it with your like-minded communities.Higher Timeframe AnalysisIn my view, BTC tends to follow clear bullish and bearish cycle zones. Typically, we see a pump to new all-time highs (ATH), followed by the formation of resistance and a retracement down to a key support level. Our trading approach focuses on identifying those critical support and resistance levels, with some interim trades based on shorter-term analysis—occasionally even counter-trend, depending on the day’s market bias.Over the past eight years, BTC has respected a major trend resistance line. The most recent ATH, around $112K, reconfirmed the relevance of this trendline. This makes it a valuable tool for projecting future ATH levels.Looking ahead, I expect a move towards the $115K level in the coming weeks. This would likely act as a point of resistance, at which stage we might see a reversal and a drop back down to a key support zone.Trade SetupThe chart I'm referencing highlights what I would consider the first premium buy zone, identified using a 4-hour Fair Value Gap (FVG).The 50% level of this zone sits at $99,450. If this zone fails to hold, we may drop further to the secondary premium buy zone, which aligns with our higher timeframe (HTF) trend support and a weekly FVG. The 50% level of this deeper zone is around $89,150.A potential long entry at $92,550, with a stop loss around $88,000, offers an excellent risk-to-reward (RR) ratio, targeting a move up to the $115K level.Intraday OutlookFor today, I see bearish price action, with potential rejection around the $104,300–$105,000 range. Go short around the $104,750 to $105,000 zoneThis could lead to a move down toward the lower key zones highlighted in the HTF analysis.I recommend taking partial profits (TP) at every $1,000 increment and setting your stop loss to breakeven (BE) after hitting the first target.Final ThoughtsPrice action analysis is always subjective, so I’d love to hear your thoughts and ideas in the comments—each one, teach one.Thanks for giving me some of your time.From the Phoenix FX team, have a great weekend!

Hi, I’m from Phoenix FX, and today I’ll be sharing my perspective on Bitcoin (BTC) price action based on the higher timeframes. I’ll also give you my outlook on potential trade setups for today and tomorrow. Please remember that this is not financial advice—use this information as a guide only. If you find it helpful, don’t forget to like and share it with your like-minded communities.Higher Timeframe AnalysisIn my view, BTC tends to follow clear bullish and bearish cycle zones. Typically, we see a pump to new all-time highs (ATH), followed by the formation of resistance and a retracement down to a key support level. Our trading approach focuses on identifying those critical support and resistance levels, with some interim trades based on shorter-term analysis—occasionally even counter-trend, depending on the day’s market bias.Over the past eight years, BTC has respected a major trend resistance line. The most recent ATH, around $112K, reconfirmed the relevance of this trendline. This makes it a valuable tool for projecting future ATH levels.Looking ahead, I expect a move towards the $115K level in the coming weeks. This would likely act as a point of resistance, at which stage we might see a reversal and a drop back down to a key support zone.Trade SetupThe chart I'm referencing highlights what I would consider the first premium buy zone, identified using a 4-hour Fair Value Gap (FVG).The 50% level of this zone sits at $99,450. If this zone fails to hold, we may drop further to the secondary premium buy zone, which aligns with our higher timeframe (HTF) trend support and a weekly FVG. The 50% level of this deeper zone is around $89,150.A potential long entry at $92,550, with a stop loss around $88,000, offers an excellent risk-to-reward (RR) ratio, targeting a move up to the $115K level.Intraday OutlookFor today, I see bearish price action, with potential rejection around the $104,300–$105,000 range. Go short around the $104,750 to $105,000 zoneThis could lead to a move down toward the lower key zones highlighted in the HTF analysis.I recommend taking partial profits (TP) at every $1,000 increment and setting your stop loss to breakeven (BE) after hitting the first target.Final ThoughtsPrice action analysis is always subjective, so I’d love to hear your thoughts and ideas in the comments—each one, teach one.Thanks for giving me some of your time.From the Phoenix FX team, have a great weekend!

Hi, I’m from Phoenix FX, and today I’ll be sharing my perspective on Bitcoin (BTC) price action based on the higher timeframes. I’ll also give you my outlook on potential trade setups for today. Please remember that this is not financial advice—use this information as a guide only. If you find it helpful, don’t forget to like and share it with your like-minded communities.Higher Timeframe AnalysisIn my view, BTC tends to follow clear bullish and bearish cycles. Typically, we see a pump to new all-time highs (ATH), followed by the formation of resistance and a retracement down to a key support level. Our trading approach focuses on identifying those critical support and resistance levels, with some interim trades based on shorter-term analysis—occasionally even counter-trend, depending on the day’s market bias.Over the past eight years, BTC has respected a major trend resistance line. The most recent ATH, around $112K, reconfirmed the relevance of this trendline. This makes it a valuable tool for projecting future ATH levels.Looking ahead, I expect a move towards the $115K level in the coming weeks. This would likely act as a point of resistance, at which stage we might see a reversal and a drop back down to a key support zone.Trade SetupThe chart I'm referencing highlights what I would consider the first premium buy zone, identified using a 4-hour Fair Value Gap (FVG). The 50% level of this zone sits at $99,450. If this zone fails to hold, we may drop further to the secondary discount buy zone, which aligns with our higher timeframe (HTF) trend support and a weekly FVG. The 50% level of this deeper zone is around $89,150.A potential long entry at $99,450, with a stop loss around $88,000, offers an excellent risk-to-reward (RR) ratio, targeting a move up to the $115K level.Intraday OutlookFor today, I see bearish price action, with potential rejection around the $104,300–$105,000 range. This could lead to a move down toward the lower key zones highlighted in the HTF analysis. I recommend taking partial profits (TP) at every $1,000 increment and setting your stop loss to breakeven (BE) after hitting the first target.Final ThoughtsPrice action analysis is always subjective, so I’d love to hear your thoughts and ideas in the comments—each one, teach one.Thanks for giving me some of your time.From the Phoenix FX team, have a great weekend!

Gold Price Action Outlook | March 24th - 26thAs we approach the new trading week, gold's price action presents three probable scenarios for Monday through Wednesday. At this stage, without confirmed market movement, these scenarios represent the most accurate forecast based on current market structure.🔹 Scenario 1 (Red): Bullish Continuation – If buyers remain in control, we could see a break above key resistance levels, leading to further upside momentum.🔹 Scenario 2 (Blue): Range-bound Consolidation – Price may establish a temporary range as market participants await key catalysts. This would suggest indecision and require further confirmation before a directional move.🔹 Scenario 3 (Yellow): Bearish Reversal – If sellers step in at resistance, gold could retrace to test lower support levels, possibly setting up a short-term pullback.As the week progresses, price action will provide more clarity on which scenario is unfolding. By Wednesday, I’ll share refined trade ideas with entry, exit, and stop-loss ideas based on confirmed movements.For now, stay patient and watch how the market structure develops. Which scenario do you think is most likely? Let me know in the comments!📌 Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice. Always conduct your own research and consult a professional before making any trading decisions.#Gold #XAUUSD #Trading #Forex #TechnicalAnalysis #PriceAction

Short-Term Price Action Outlook (Next 2-3 Days) 🚀📉Hey Trading View Family! In this analysis, I’ll be sharing my outlook on Gold (XAUUSD) for the next couple of days. Based on recent price movements, key levels, and market structure, I’ve identified potential areas of interest that could influence short-term price action.I’ll be watching for liquidity grabs, key support/resistance reactions, and potential setups based on ICT concepts, supply & demand & trend analysis. Stay tuned for updates, and feel free to share your thoughts in the comments!Let’s see how this plays out!1) BUY GOLD 2918 TO 2922SL 2908TP 2930TP2940TP 29452) SELL GOLD 2940 TO 2945SL 2955TP 2930TP 2922TP 2910TP 2900Disclaimer: This is not financial advice—just my personal perspective on price action based on current market structure. Always trade responsibly and use the correct risk management. this is very important

Gold is currently being influenced by one major factor and that is the uncertainty that Trump is creating amongst market makers. However, gold is a safe haven so as much as we may see sell off's we believe the over all sentiment is bullish. We have already seen one huge sell off yesterday of 350 pips from 2915 down to 2980. At this point buyers stepped in and created support. This morning saw a rally up to the 2910 to 2912 range which is an area we expect some retrace from. Our trading plan for the day is as follows:1) SELL GOLD 2912 to 2915SL 2925TP 2905TP28952) BUY GOLD at 2895 to 2905 SL 2875TP 2920TP2930Remember this is not trading advice but more of an idea of what we are planning and why. If you want advice, tips and hints then feel free to join us here: t.me/PhoenixFXPublicIf you have any questions, one of our team are always on hand to help. Contact us here: contact@pfxteam.com