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Bearish rally continues on Bitcoin. The market already lost more than 34% from a current ATH. Analyzing a historic price action, I see an important structure cluster to focus on. 65000 - 76000 is a significant support area. That will be a good zone for buying Bitcoin, expecting a resumption of a long-term bullish trend after its test. ❤️Please, support my work with like, thank you!❤️

Here is my latest structure analysis for Gold. Vertical Structures Vertical Support 1: Rising trend line Horizontal Structures Support 1: 4021 - 4045 area Support 2: 3869 - 3934 area Support 3: 3765 - 3829 area Support 4: 3690 - 3738 area Resistance 1: 4202 - 4246 area Resistance 2: 4360 - 4382 area The market closed, testing a demand zone based on a Horizontal Support 1 and a Rising trend line. With a high probability, the price will move up from that. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

When it comes to technical analysis, the understanding of which support and resistance levels to not trade can be as important as knowing which ones to trade. In this article, I will show you the structure levels that professional traders avoid to maximize their profits and minimize losses. Invalidated support and resistance Invalidated support/resistance is the structure that has a clear historical significance, but that lost its strength and was neglected by the market during the last 2 tests. Have a look at that key horizontal support. We can see that in the recent past, the price bounced from that multiple times, confirming its significance. Then, the price suddenly broke and closed below that support. According to the rules, that structure should turn into a resistance after a violation. However, after its test, the price bounced and violated that to the upside. The structure became invalid , and you should not trade that in future. Resistance in a Bullish Trend If the market is trading in a bullish trend, according to the rules its last higher high composes a key horizontal resistance. USDJPY is trading in a strong bullish trend. The price dropped once it set a new higher high higher close. It composes a key horizontal resistance. Always remember, that in a bullish trend, the price tends to set new higher highs and higher lows over time. Quite often, the test of the level of the last high leads to a further bullish continuation and a formation of a new higher high. For that reason, it is better not to trade such resistances. Support in a Bearish Trend In a bearish trend, the last lower low is always considered to be a key horizontal support. Above is a price action on USDCHF. The pair is bearish and recently set a new lower low. It is a key horizontal support now. However, in a bearish trend, the price tends to set a new low after a retracement. Most of the time, it does not respect the support based on the last lower low. I recommend you not to trade such supports. I always repeat to my students that key levels work, but they are not equal in their significance. While some of them are very strong, some are better to be avoided. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

Gold dropped strongly today, starting a correctional movement that I predicted earlier this week on a live stream. I see a test of a major demand cluster based on a rising trend line and a horizontal support. With a high probability, the price will rise from that. Look for a confirmation on lower time frames for safer entries. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

Here is my structure analysis for Gold for next week. Support 1: 3868 - 3927 area Support 2: 3766 - 3830 area Support 3: 3690 - 3736 area Resistance 1: 4023 - 4109 area Resistance 2: 4187 - 4245 area Resistance 3: 4357 - 4383 area As we discussed earlier, the price is stuck within a range now and we see a consolidation. With the absence of high impact fundamentals, a sideways price action will likely continue. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

I am going to reveal a powerful fibonacci trading strategy that I learned many years ago. It combines structure analysis, fibonacci retracement and extension levels and candlestick analysis, and it is suitable for beginners. Step 1 Find a trending market - the market that is trading in a bullish or in a bearish trend on a daily time frame. AUDUSD is trading in a bullish trend on a daily. Step 2 Execute structure analysis - identify key horizontal and vertical structures on a daily time frame. Have a look at key structures that I spotted on AUDUSD. Step 3 Draw fibonacci retracement levels. Here are the important ratios you should look for: 382, 50, 618, 786. In a bearish trend, draw fibonacci retracement levels from the high of the trend to current low based on wicks. In a bullish trend, You should apply fibonacci retracement from the low of the trend to a current high based on wicks. Take a look how I draw the retracement levels, I took the low of the trend and the high of the trend. Step 4 Find confluence . Look for fibonacci numbers that match - lie within key structures that you identified. Support 1 matches with 382 retracement. Support 2 matches with 786 retracement. Remove other ratios from the chart. Step 5 Wait for a test of one of the fibonacci levels that match with key structure The price perfectly tested 382 retracement level. Step 6 Wait for a confirmation on a 4h time frame. Our confirmation will be a formation of an engulfing candle - a strong candle that completely engulfs the entire range of a previous candle with its body. In a bearish trend, we will look for a formation of a bearish engulfing candle. Bearish engulfing candle indicates a strong selling pressure and the strength of the sellers. In a bullish trend, we will look for a bullish engulfing candle. It indicates a strong buying reaction and imbalance. Have a look at a bullish engulfing candle that was formed on AUDUSD on a 4H time frame after a test of 382 retracement. Step 7 Open a trading position, set stop loss and choose the target. After you spotted an engulfing candle, open a trading position. Open short after a formation of a bearish engulfing candle and open long after a formation of a bullish engulfing candle. If you sell , your safest stop loss will be 1.272 extension of the last bullish impulse on a 4H. If you buy , your stop loss will be 1.272 extension of the last bearish impulse on a 4H. In our example, our stop loss will be 1.272 extension of a bearish impulse leg on a 4H time frame. The extension is based on high and low of the impulse. If you short , your take profit will be the closest key structure support on a daily. If you buy , your take profit will be the closest key structure resistanc e on a daily. Being applied properly, the strategy should generate 60%+ winning rate. Always remember to check your reward to risk ratio before you open the trade. It should be at least 1.1/1. Also, before you place a trade, always make sure that you trade WITH the trend and take only trend-following trades. The strategy works perfectly on Forex, Gold, Silver, Oil, Indexes. Good luck in your trading. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

This week is very slow for Gold. The market is stuck within a wide horizontal range on a daily time frame. With the absence of high impact US fundamentals, I think that probabilities will be high that the market will keep consolidating. The best strategy to follow for now is to look for trading opportunities from the boundaries of the underlined parallel channel: selling from the resistance and buying from the support after a confirmation. As the price is closer and closer to the resistance, wait for its test and then look for selling. That is the plan so far. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

To profitably trade a massive bullish rally on Gold , you don't need a complicated system. In this article, I will teach you an easy indicator strategy for trend-following trading XAUUSD. It is based on 2 default technical indicators that are available on any trading platform: Mt4, Mt5, TradingView, etc. You will get a complete trading plan: exact entry signal, smart stop loss placement, trade management rules. The first indicator that you will need to trade this strategy is Moving Average. We will use a combination of 2 Moving Averages: Exponential Moving Average EMA with 20 length and a Simple Moving Average SMA with 9 length. Our entry signal will be a crossover of 2 MA's on a 4H time frame. SMA and EMA should meet first. SMA should break through EMA to the upside to confirm a bullish signal. With a high probability, Gold price will rise significantly then. The main nuance of this strategy is to wait for a confirmed crossover and avoid the traps. Patiently wait for a touch of 2 moving averages first. After that, you will need to wait for a close of one more 4H candle to make sure that SMA stays above EMA. You can see that though 2 Moving Averages met, SMA failed to break through EMA. That is how a valid buy signal looks: SMA stays above EMA after a close of the next 4H candle. After you identified a valid crossover, it is your signal to open BUY trade on Gold . Your entry should be exactly after a close of a 4H candle. Stop loss will be based on another popular free indicator - Average True Range ATR with default 14 length settings. Your safe stop loss should be 2 ATR from the entry. In our example, ATR is 145 pips. 2 ATR will be 190 pips. That will be our stop loss. With this trading strategy, we will not use a fixed Take Profit TP and use trailing stop loss instead. It will help us to catch extended bullish waves on Gold. Once the market starts rising, updating the highs, trail your stop loss based on EMA and keep it 1 ATR below that. Make sure that you move your stop loss only when EMA and Gold price are rising . Once Gold price or EMA start moving in sideways or go down, do not lower your stop loss. Using this strategy consistently, you will be able to catch significant bullish waves. In Autumn trading season of 2025, this strategy provided, 3100+ pips entry signal. What I like about this strategy is that being very simple, you can easily backtest that and measure its objective trading performance. Easy entry, confirmation, and trade management rules make this strategy appropriate for beginners in Gold trading and will help to not miss a current extraordinary trend. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

Bitcoin is currently trading within a wide horizontal range on a daily. We see a test of its support now. There is a high chance that the price will bounce from that, following a formation of a confirmed bullish imbalance candle. Goal - 105170 ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

Here is my structure analysis for Gold for next week. Support 1: 3868 - 3927 area Support 2: 3766 - 3830 area Support 3: 3690 - 3736 area Resistance 1: 4023 - 4109 area Resistance 2: 4187 - 4245 area Resistance 3: 4357 - 4383 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.