Tanzeelhanif

On the 1-hour XAUUSD chart, a divergence pattern has emerged indicating a likely bullish trend reversal. Our trading strategy involves waiting for confirmation through a breakout above the recent higher low (HL) before entering a long position.

The current market trend is exhibiting bullish momentum, supported by a continuation pattern. Notably, there are no signs of divergence, which further reinforces the bullish sentiment. A bullish flag pattern has formed, indicating a potential continuation of the upward movement. To capitalize on this trend, a buy stop order is recommended at 71,894. This ensures that the position is only entered if the price action confirms the continuation of the bullish trend. To manage risk, a stop-loss order should be placed at 68,799.73, effectively limiting potential losses if the market reverses unexpectedly.

In the one-hour timeframe for FLOKI/USD, we're observing the formation of a bearish flag pattern. Concurrently, RSI analysis reveals no signs of divergence, reinforcing the likelihood of the current downward trend continuing. This alignment between the bearish flag pattern and the absence of divergence in RSI suggests a higher probability of further downside movement in the near term.

Placed sell stop just below S2 and stop loss at S1

Using method 2 , Enter when Price test the S1 and then bounce back from S1, Placed order at S1

BTCUSD is printing LH and LL in an hourly time frame. Taking the bearing into account, we will use support and resistance to enter the market; if S2 breaks, we will then enter the trade.

Gold in 1 hr showing bullish trend and printing HH and HL