ProWolfTrader_89

🟢 Buy-Side Trades (Bullish Setups)Entry Logic: Price enters discount zone (below 0.5–0.618 Fibonacci), confirms BOS, then takes off.Notable Buy Setups:+570 PIPS+220 PIPS+1540 PIPS+970 PIPS+910 PIPS+560 PIPS+410/460 PIPS+780 PIPSThese are mostly based on:Price rejecting the 0.618 retracementEntry from FVG/OB (Order Block) or Premium/Discount ZoneTargets near key Fibonacci extensions or imbalance fills.🔴 Sell-Side Trades (Bearish Setups)Entry Logic: Price taps into Premium zones, shows rejection, then breaks down with BOS confirmation.Notable Sell Setup:Around 3,370–3,351, a Premium Entry zone is tagged, followed by a BOS down.Price respects:0.786–1.0 retracement zones for reversalsOften used 0.25, 0.382, and 0.618 levels for TP calculations📏 Fibonacci ApplicationFib retracements and extensions are used across all setups:Entries: 0.5–0.618 retracement zonesTargets: 0.236, 0.382, -0.25, -0.618 extensionsThe confluence between price action, Fibs, and BOS is very precise.

After recent tarrifs announcement and traders runnings towards safe heaven assets purchase to escape the choppy market gold broke ATH as i mention weeks again during my live trading YT that once sideway trendline is broken,FOMO buying will start and then various outcomes are possible consolidation,breakout fakeout or breakout retest and continutation of upward momentum,seems like recent expected global economic decisions are siding with the safe heaven asset Gold creating more desireability to keep it as a tool to escape inflation and ongoing spark in dollar index pumpFor more updates keep in touch during live trading YT

Chart updated i will keep posting on weekly basis as of today 31 jan 2025,i will be advising individuals to look for swing short positions as PCE index Fed key inflation guage data is expected to drop higher than expected,which will have a significant impact on global outlook especially after trump announcing traffs on Mexico and Canada and said China is next sparking a global economic warfare pumping dollar and throwing everything down the rail this morning during tokyo session.For regular updates i advise to follow YT.

Key Observations:Resistance Zones:A significant resistance area is marked near the previous ATH BTC (All-Time High) and within the labeled "MicroStrategy" zone, indicating a strong selling region.Fibonacci retracement levels (0.236, 0.382, 0.5, 0.618, 0.786) align with these resistance levels, showing potential rejection points.Support Levels:The demand zone near $91,239.77 is highlighted as a key support area.The chart shows Fibonacci retracement support near $94,546.74 and $92,918.26, where buy orders have been triggered.Black Swan Dump Warning:A significant downside warning labeled as "Black Swan Dump Incoming" is noted. This suggests anticipation of a sharp sell-off, potentially targeting the lower Fibonacci retracement zones or even breaking the demand area.Breakout or Fakeout?:The annotation suggests market indecision around $104,089.07, where the price may either break higher or face rejection.Current Price Action:The current price hovers near $94,978.74, slightly above the Fibonacci 0.786 retracement level. This indicates a precarious position, where a bounce or further drop could occur.Bearish Bias:Several labels such as "BTC Crash Alert", "The Bears are out", and "Black Swan Dump Incoming" indicate a strong bearish sentiment.Potential Scenarios:Bearish Scenario:If the price fails to hold the $94,546.74 level, it could target the demand zone near $91,239.77 or even break lower toward the 0.618 Fibonacci extension ($90,682.18).Bullish Scenario:A breakout above $104,089.07 could invalidate the bearish sentiment and lead to a rally toward $105,715.06 or the ATH supply zone.Strategy Recommendations:Short Trades:Consider short positions near resistance levels ($98,901.95, $101,452.76) with a tight stop-loss above $105,715.06.Long Trades:Look for buying opportunities near the demand zone ($91,239.77) or if a clear breakout above $104,089.07 occurs.

This is the Result of Xau/Usd Last Week Pips Results Dec 16-20,2024 Trading Tokyo to New York Session,All Pips Profits and Loss Result,everything is transparent,my view on Gold is Buy the Rumour and sell the news,There is no news next week,so smart people already know what i mean by this,partial profits taken,trades still running.See your guys next week.Happy Holidays & Merry Christmas

Key Levels and ObservationsPrevious All-Time High (ATH):Clearly marked and seems to have acted as both resistance and psychological reference point.Price briefly tested this level before consolidating below.Resistance Zones:Highlighted in Red: These zones indicate where selling pressure is concentrated. The recent move upwards has struggled near the $106,000 zone (1.618 Fibonacci extension) and the resistance cluster below $108,000.Red Circle near ATH: Indicates a critical rejection zone where bears might be stepping in to control the price.Support Zones:Fibonacci levels from $91,000 to $99,500 (0.618, 0.5, and 0.382 retracement levels) show clear support zones where buyers may accumulate.The green lines below $92,000 show additional support extensions for deeper corrections.Black Swan Warning ("Dump Incoming"):Suggests the possibility of a sudden, sharp decline. This may be speculative but worth noting for risk management.Red zone above $108,000 highlights extreme caution.Trend Lines:Dashed upward trendline indicates the broader uptrend still intact, but a breach below would signal a possible reversal.Market Sentiment:"BTC CRASH ALERT" emphasizes bearish caution."The Bears are out watchout" adds to the bearish sentiment as Bitcoin approaches resistance zones.Fibonacci AnalysisKey Fibonacci Retracement Levels:0.236 ($99,417): Currently holding as weak support.0.382 ($100,793): Significant midpoint level currently in play.0.5 ($101,905) and 0.618 ($103,017): Critical retracement levels to watch for continuation or reversal.1.618 Extension ($106,436): Serves as an immediate resistance target.Deep Retracement Zone:0.618 ($95,308) to 1.0 ($92,918) retracement range indicates the strongest support for a larger correction.Scenarios to WatchBullish Scenario (Breakout):Price breaks and holds above $106,000 (1.618 Fibonacci).Retests and holds $108,000, targeting new highs.Bearish Scenario (Fakeout or Dump):Price fails to sustain $104,000 or falls below $101,000 (0.382 retracement).A sharp correction could target deeper support levels at $95,000–$92,000.Neutral/Consolidation:Price remains range-bound between $101,000 and $106,000, building momentum for a directional move.Actionable PointsShorting Resistance Zones: Monitor for price rejections near $106,000 and $108,000. Bearish candlestick patterns here could confirm a short trade.Buying Support Levels: Look for bullish signals around $95,000–$92,000 or key Fibonacci levels.Breakout Entries: If Bitcoin closes decisively above $106,000, a breakout trade could target $110,000 or higher.Stop-Loss Management:For longs: Place below $95,000.For shorts: Place above $108,000.

Keep an eye on 4H timeframe,detail analysis coming soon.Just wanted to update the chart.

Elliott Wave Analysis1. Wave Structure:Wave (1): Impulse or Leading Diagonal, showcasing a strong upward trend.Wave (2): A corrective wave, likely following a simple zigzag correction (ABC structure).Wave (3): Only Impulse, which is a strong move upward, as per Elliott Wave principles, the most extended wave.Wave (4): Suggests another corrective structure (potential zigzag or flat correction).Wave (5): Expected continuation, either:Impulse (continuation of the trend).Ending Diagonal (weaker trend or exhaustion).2. Corrections Highlighted:ABC correction patterns are indicated.Wave (B) could lead to a further downward Wave (C) correction before a strong upward continuation.Key Levels:1. Demand Zones:Positioned at lower levels for potential reversals. If the price tests these areas, it may provide buy opportunities.2. Supply Zones:Marked as resistance areas where the price may reverse or consolidate.Two Possible Scenarios:1. Bullish Continuation:Continuation of a 5-wave impulse move.Break above supply zones to confirm this scenario.2. Bearish Correction:Completion of an ABC corrective structure.Look for further downside, testing demand zones.Trade Plan:1.Buy: Upon confirmation of Wave (4) completion at demand zones.Entry: Close to the lower demand area.Target: Midpoint of Wave (5) projection or supply zones.Stop Loss: Below the demand zone.2.Sell: If a deeper correction (Wave C) forms before Wave (5).Entry: After confirmation of resistance at supply zones.Target: Next demand zone.

Gold Spot (XAU/USD) Technical Analysis1. Key Levels and Zones:Resistance Zone (Gray Box):Gold is testing the resistance area near $2,650 after a prior fakeout breakout within this region.Support Levels:$2,649.85: Immediate support that could hold short-term price action.$2,637.81 - $2,636.77 (Yellow Zone): A key level of interest where buyers may step in.Demand Zone: Around $2,621 (marked in teal), a strong buying interest area from previous price reactions.2. Breakout or Reversal Scenarios:Bullish Case:A breakout above $2,650 will invalidate bearish pressure. This move could push prices higher toward $2,670-$2,700, signaling continuation of the uptrend.Bearish Case:A reversal below $2,650 suggests rejection from the resistance zone. If this happens:Price may revisit $2,637.81-$2,636.77 for a retest.Further downside could lead to a test of the $2,621 demand zone.3. Market Structure:BOS (Break of Structure):Multiple BOS points observed in both directions indicate a choppy market. The most recent BOS favors bullish momentum but remains vulnerable near resistance.Fakeout Breakout:The fakeout above $2,650 previously trapped buyers, leading to sharp selloffs.4. Trade Ideas:For Bulls:Wait for a clean breakout and retest above $2,650, confirming continuation. Target $2,670-$2,700.For Bears:Look for rejection signs below $2,650 or on a retest of $2,637.81-$2,636.77. Target downside towards $2,621.5. Key Observations:Volume or momentum confirmation is critical to avoid getting caught in another fakeout.This setup offers a balanced risk-reward for both bullish and bearish trades depending on breakout or reversal signals.

MSTR Micro-strategy went up 500x in 3 months from 100$ to 550$,wall street started short selling it last Thursday on 21 Nov, Followed up by BTC Decline on Friday which resulted in a drop to 90K.Complete Analysis YT,Have a Nice Thanks Giving & Holidays Ahead.I'll keep updating you guys.