Black FridayUp to 80% OFF

Commodities

Gold Futures – Compression Before Explosion?Gold (GC1!) is coiling tightly just above the $3,998 level, teasing a big move as it hugs the 0.618 fib zone at $3,921. It’s the definition of compression — and when gold coils like this, something always gives. 📍 Key levels on the radar: $3,998 – Current pressure zone $3,921 – Fib support + breakout base $3,602 – Worst-case flush if demand fails $4,489 – Fibonacci extension target if this rips We’ve got an ascending pitchfork, clean market structure, and a massive range breakout setup. These kinds of patterns don’t sit idle for long. Gold remains a beast in uncertain macro conditions — don’t underestimate what happens when fear, rates, and inflation mix. Trading Wisdom 📜 The bigger the coil, the nastier the move. Don’t focus on direction — focus on readiness. Gold pays those who stay patient and deadly. Disclaimer: What you read here is not financial advice — it’s high-level market philosophy from the FXPROFESSOR himself. Risk is real, and your capital is your responsibility. Learn, adapt, evolve. One Love, The FXPROFESSOR 💙
COMEX:GC1!
by FX_Professor
Gold - This bullrun is now over!🚨Gold ( TVC:GOLD ) won't create new highs: 🔎Analysis summary: All the way back in 2019, Gold confirmed its rounding bottom formation. This breakout was then followed by a major rally of about +200% over the past couple of years. But at this moment, Gold is retesting a major resistance trendline and will therefore end its bullrun. 📝Levels to watch: $4,200 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
TVC:GOLDShort
by SwingTraderPhilTV
25
GOLD Local Long! Buy! Hello,Traders! GOLD bounced from the horizontal demand after sweeping sell-side liquidity. Bullish displacement confirms a shift in order flow, suggesting price may continue toward the buy-side liquidity resting at the marked target level.Time Frame 5H. Sell! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by TopTradingSignals
1
GOLD 4H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 4124 and a gap below at 4042. We will need to see ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 4124 EMA5 CROSS AND LOCK ABOVE 4124 WILL OPEN THE FOLLOWING BULLISH TARGETS 4212 EMA5 CROSS AND LOCK ABOVE 4212 WILL OPEN THE FOLLOWING BULLISH TARGET 4328 EMA5 CROSS AND LOCK ABOVE 4328 WILL OPEN THE FOLLOWING BULLISH TARGET 4422 EMA5 CROSS AND LOCK ABOVE 4422 WILL OPEN THE FOLLOWING BULLISH TARGET 4422 EMA5 CROSS AND LOCK ABOVE 4422 WILL OPEN THE FOLLOWING BULLISH TARGET 4494 BEARISH TARGETS 4042 EMA5 CROSS AND LOCK BELOW 4042WILL OPEN THE FOLLOWING BEARISH TARGET 3964 EMA5 CROSS AND LOCK BELOW 3964 WILL OPEN THE FOLLOWING BEARISH TARGET 3873 EMA5 CROSS AND LOCK BELOW 3873 WILL OPEN THE SWING RANGE 3767 3646 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
13
Gold 30-Min — Volume Sell Reversal Triggered⚡Base : Hanzo Trading Alpha Algorithm The algorithm calculates volatility displacement vs liquidity recovery, identifying where probability meets imbalance. It trades only where precision, volume, and manipulation intersect —only logic. ✈️ Technical Reasons / Direction — SHORT / Reversal 4081 Area ☄️Bearish rejection confirmed through sharp candle body. ☄️Lower-high forming beneath resistance supply region. ☄️Volume decreasing confirms exhaustion in price rally. ☄️Sellers regained imbalance with heavy top rejection. ☄️Algorithm detects fading demand and shift to control. ⚙️ Hanzo Alpha Trading Protocol The Alpha Candle defines the day’s real control zone — the first battle of momentum. From this origin, the Volume Window reveals where the next precision strike begins. ⚙️ Hanzo Volume Window / Map Window tracked from 10:30 — mapping true market behavior. POC alignment exposes institutional bias and breakout potential zones. ⚙️ Hanzo Delta Window / Pulse Delta window monitors real buying vs. selling power behind each move. Tracks volume aggression to expose who controls the candle — buyers or sellers. When Delta aligns with Volume Map, momentum becomes undeniable.
TVC:GOLDShort
by Path_Of_Hanzo
44
GOLD rises amid uncertain signals from US economyOANDA:XAUUSD continued to rise in Wednesday's session, as investors increased their holdings of safe-haven assets amid the delay of US employment data due to the government shutdown and the market prepared for the minutes of the Federal Reserve's October meeting. As of the morning of November 20, spot gold was trading around $4,078/ounce, up about $11, or 0.27%, from the previous day. Gold's rise coincided with the stabilization of global stocks after a sell-off related to concerns about artificial intelligence valuations. However, investor sentiment remained cautious ahead of Nvidia's business results and a series of US economic data due this week. Weakening labor market signals support OANDA:XAUUSD Data released on Tuesday showed the number of Americans receiving unemployment benefits rose to a two-month high in mid-October, a sign that the labor market may be losing momentum. Against this backdrop, any signs of labor market weakness would reinforce expectations that the Fed may have to ease policy more quickly, providing support for gold, a non-yielding asset that benefits from lower interest rates. Market focus: Fed minutes and delayed jobs data Investors are turning their attention to the minutes from the Fed’s October meeting, due at 2 p.m. ET. Despite the 25 basis point cut at its most recent meeting, Chairman Jerome Powell continued to maintain a cautious stance, leaving open the possibility of a pause in easing if inflation risks return. Separately, the September jobs report, delayed by the government shutdown, is due out on Thursday. This is seen as an early indicator of economic growth strength, with Reuters forecasting non-farm payrolls to rise by around 50,000 jobs. Any weaker-than-expected figure could boost haven demand and continue to support gold prices. Rising interest rate cut expectations, a key driver of OANDA:XAUUSD According to CME FedWatch, the market now rates a 51% chance of the Fed cutting rates again at its next meeting, up from 46% in the previous session. This increase in expectations is the core factor triggering capital flows to gold, in the context of falling real yields and investors looking for value preservation as the growth outlook becomes more uncertain. TECHNICAL ANALYSIS AND SUGGESTIONS OANDA:XAUUSD After recovering from the bottom around $4,000, gold price hit the 0.236 Fibonacci retracement at $4,128 and was immediately rejected, showing that profit-taking pressure is still strong. • The main trend is still up, as the price is still in the medium-term uptrend channel and above the important MA line. • The 3,972 area (Fib 0.382) is acting as short-term support, accompanied by the MA line right below around 3,942. • Since it has not been able to break the 0.382 Fib level, gold is currently not in the best condition for a new uptrend. RSI has rebounded but has not yet exceeded 60, showing that the buyers have not fully returned, but there are no signs of strong weakness. SELL XAUUSD PRICE 4108 - 4106⚡️ ↠↠ Stop Loss 4112 →Take Profit 1 4100 ↨ →Take Profit 2 4094 BUY XAUUSD PRICE 3982 - 3984⚡️ ↠↠ Stop Loss 3978 →Take Profit 1 3990 ↨ →Take Profit 2 3996
OANDA:XAUUSD
by Xayah_trading
4
XAUUSD: Market Analysis and Strategy for November 20thGold Technical Analysis: Daily Resistance: 4150, Support: 4000 4-Hour Resistance: 4110, Support: 4015 1-Hour Resistance: 4085, Support: 4040 Technically, yesterday's daily chart closed with a "gravestone doji" candlestick. The resistance in the 4135/4150 area remains strong in the short term. The effectiveness of the 4040 support level needs to be monitored today. Meanwhile, the 4000 psychological level is being tested. A break below this level would warrant a short-term sell-on-trend move. Conversely, if the price recovers above 4100 in the short term, a buy-on-trend move would be appropriate, with the 4220/4250 area as a potential resistance level. The recent Fed minutes have brought the market back from its "interest rate cut euphoria" to reality: inflation remains the primary enemy, and interest rate cuts are not easily implemented. The foundation of gold's super bull market (low interest rates + strong safe-haven demand) is weakening, and short-term bulls need to be prepared for a rollercoaster ride. Based on the 1-hour chart, gold prices fluctuated downwards during the European session, with the price action within a downward channel. After breaking below 4080, the short-term trend is likely to continue. Watch the MACD/KDJ indicators for bearish momentum. Trading Strategy: BUY: 4005~4000 SELL: 4085near SELL: 4106near More Analysis →
TVC:GOLD
by ActuaryJ
Gold: Bounce or Breakdown? Support Says BounceAs I expected in the previous idea , Gold touched the First Target($4,049) but failed to break the support zone($4,053 – $4,025). In terms of Elliott Wave theory, given that Gold failed to break the support zone($4,053 – $4,025), we can expect bullish waves, at least in the short term. --------------------------------------------- Minutes ago, the U.S. labor market indicators were released — including NFP, Average Hourly Earnings, and the Unemployment Rate. Here are the actual numbers: NFP: 119K (vs. 53K expected) — much stronger Hourly Earnings m/m: 0.2% (vs. 0.3% expected) — weaker Unemployment Rate: 4.4% (vs. 4.3% expected) — higher Gold’s Fundamental Reaction: Today’s data is mixed in a very interesting way: Stronger NFP = USD bullish pressure A print of 119K signals a stronger labor market rebound, which normally puts downside pressure on gold. But weaker wage growth (0.2%) = lower inflation pressure This reduces the urgency for further Fed tightening, which is gold-positive. Higher unemployment (4.4%) = economic cooling signal This supports the idea that the economy is slowing beneath the surface — also positive for gold. Net Result: Gold is likely to experience initial volatility, but the combination of weaker wage inflation + higher unemployment offsets the strong NFP. This means gold could find support after the first drop, especially if markets focus on softer inflation expectations and rising unemployment. --------------------------------------------- I expect Gold to rise to at least $4,137 based on the above explanation. It is also possible that Gold will form an ascending channel. One of the upside targets for gold could be near the upper line of the ascending channel(possible). First Target: $4,137 Second Target: $4,174 Stop Loss(SL): $4,017 Points may shift as the market evolves 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌 Gold Analyze (XAUUSD), 1-hour time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥 If you find it helpful, please BOOST this post and share it with your friends.
OANDA:XAUUSDLong
by pejman_zwin
1
XAU/USD | Gold Approaching Key Intraday Supply Zone! (READ)By analyzing the #Gold chart on the 4H timeframe, we can see that after dropping to 3998 dollars, price found strong demand and has now climbed back up to around 4050 dollars. Keep an eye on the 4056–4064 zone for a potential SELL reaction, as this is a key supply area. This analysis will be updated soon, and all important supply and demand zones are already marked on the chart. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OPOFINANCE:XAUUSDShort
by ArmanShabanTrading
87
XAUUSD – Battle Zones of the Day🌐 MARKET CONTEXT Gold enters today’s session after a day of compressed volatility, where price repeatedly tapped into both buy-side and sell-side liquidity but failed to develop a clean trend. The intraday structure remains bearish, with price rejecting premium zones and forming lower highs on M30. Recent Catalysts: USD maintains mild strength following hawkish Fed tone Market awaits midweek economic releases → low conviction sentiment Risk sentiment remains neutral; no strong safe-haven flows Session Expectations: London Session: Early liquidity sweeps expected toward premium zones NY Session: Higher probability of real directional expansion Bias: Bearish intraday until discount zones induce a CHoCH Price currently trades mid-range, making extreme liquidity zones the safest execution points. 📉 TECHNICAL ANALYSIS (SMC + LIQUIDITY STRUCTURE) Market Structure M30 structure: Lower Highs → Lower Lows Equilibrium area: 4075–4085 Inducement layers stacking above 4147 and 4070 Liquidity BSL: Above 4147 + 4070 SSL: Below 4033 and deep pocket at 3993 Market forming engineered liquidity wicks in both directions Imbalance Zones Bearish FVG at 4147–4148 (perfect scalp sell) Minor imbalance at 4070–4071 Discount imbalances at 4033 and 3993 support buy setups 🔑 KEY PRICE ZONES (Clear, Attractive Explanations) 4148–4147 ▶️ Premium Liquidity Trap – Ideal Scalp Sell A premium zone holding an unmitigated bearish OB + BSL inducement. Smart money uses this area to trigger breakout buyers, then slam price back down. 4071–4070 ▶️ Secondary Premium Liquidity – Fast Rejection Zone A mini liquidity pool just above equilibrium. Engineered to sweep early-session highs before reversing sharply. 4035–4033 ▶️ Discount Reaction Zone – Scalping Demand Micro OB + SSL cluster resting underneath → excellent for intraday rebounds. Expect clean, mechanical reactions here with low drawdown. 3995–3993 ▶️ Deep Discount Liquidity Pool – High-Value Reversal Zone Major SSL accumulation + HTF discount zone alignment. A powerful reversal area if reached — institutions hunt this level for discounted entries. ⚙️ TRADE SETUPS (SMC-Driven, High Precision) ✔️ SELL SETUP 1 – PREMIUM SCALP Entry: 4148–4147 Stoploss: 4126 TP1: 4135 TP2: 4120 TP3: 4085 Logic: BSL sweep + FVG fill → fast bearish rejection expected. ✔️ SELL SETUP 2 – MID-RANGE LIQUIDITY SWEEP Entry: 4071–4070 Stoploss: 4077 TP1: 4058 TP2: 4043 TP3: 4033 Logic: Sweep of mini-BSL followed by displacement downwards. ✔️ BUY SETUP 1 – INTRADAY REBOUND Entry: 4035–4033 Stoploss: 4027 TP1: 4048 TP2: 4070 Logic: SSL sweep → micro CHoCH potential → ideal for quick bounce. ✔️ BUY SETUP 2 – DEEP DISCOUNT REVERSAL Entry: 3995–3993 Stoploss: 3987 TP1: 4010 TP2: 4040 TP3: 4070 Logic: Strong HTF discount reaction zone → high-probability reversal if tapped. 🧠 NOTES / SESSION PLAN Avoid mid-range trading — only execute at extreme liquidity zones Expect fake-outs during London opening NY session likely delivers the main trend move Always wait for M5/M15 confirmation (CHoCH + BOS) Avoid buying near premium zones to prevent entering into liquidity traps 🏁 CONCLUSION XAUUSD holds a bearish intraday structure, favoring premium sell setups at 4147 and 4070. Discount zones at 4033 and 3993 remain high-probability areas for intraday bounces and potential reversals. Trade only at liquidity extremes. Be patient. Let the traps form — then strike.
OANDA:XAUUSDShort
by Alicee_Trader
1
XAGUSD H1 | Bullish Bounce off Key SupportMomentum: Bullish Price is currently above the ichimoku cloud. Buy entry: 51.11 - Strong overlap support - 38.2% Fib retracement - 100% Fib projection Stop Loss: 50.32 - Swing low support - 61.8% Fib retracement Take Profit: 52.135 - Overlap resistance High Risk Investment Warning Stratos Markets Limited (tradu.com/uk ), Stratos Europe Ltd (tradu.com/eu ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com/en ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
TRADU:XAGUSDLong
by Tradu
PRE-NY CONDITIONS Dollar is pressing into a major cross-asset high, recognized across FX, yields, and risk assets. London kept DXY inside a tight structure with no clean breakout, which turns this level into stop-time: the point where liquidity pauses and the market decides whether the move extends or fades. Front-end yields remain firm, anchoring the Dollar’s support. The 10-year is indecisive, offering no confirmation and keeping the curve without a clear macro signal. ES holds its overnight gap on Nvidia strength, but volatility near 21 keeps risk fragile. Gold remains neutral, reflecting a balanced but uncertain safety tone into the U.S. session. DXY: Testing a major high; range-bound after London; structure stretched but supported by 2Y strength. US10Y: Indecisive daily structure; long end is not confirming Dollar strength; macro tone remains unclear. US2Y: Firm short-end repricing; maintains policy pressure and supports Dollar tone. ES: Holding gap; risk appetite supported but shallow; volatility still limiting follow-through. Gold: Neutral safety tone; neither attracting nor rejecting flows; reflects cross-asset indecision. VIX: Near 21; elevated volatility keeps conditions reactive and reduces trend reliability. Cross-asset alignment remains mixed. The Dollar is firm, but only the front end confirms it. Long-end yields hesitate. ES shows controlled appetite, but volatility denies conviction. Gold confirms the indecision. Liquidity conditions lean cautious, shaped more by bond market signals than by clean macro drivers. Pillar Focus: PEM — Confirmation Entries Today's environment aligns with PEM logic. A stretched Dollar at a major level, split yields, and elevated volatility mean operators should rely on confirmation-based triggers, shorter engagements, and strict timing. High-frequency windows (NY open → 10:00 → London fix) carry more clarity than directional assumptions. Follow higher-timeframe direction Ignore noise from earlier sessions Wait for structure + flow alignment Act only on confirmation Summary: NY opens into a cautious environment defined by a stretched Dollar, mixed yields, and elevated volatility — a clear PEM day. — CORE5DAN Institutional Logic. Modern Technology. Real Freedom.
TVC:DXY
by CORE5DAN
WTI Oil Market Outlook: Sell Zones & Key LevelsOil is still respecting a broader downtrend structure with consistent lower highs and lower lows. Price recently reacted from the $62–63 resistance zone (trendline + supply) confirming another lower high and maintaining bearish momentum. As long as oil stays below this zone the chart suggests a continuation toward the downside with next supports sitting near $56.30, $52.50 and potentially $50.00 if bearish pressure accelerates. Only a clean breakout above $63 with strong candles would invalidate this bearish outlook and shift momentum toward the $66–70 zone. 🔻 Sell Setup 1 - Entry Zone: 62.00 – 63.00 - Stop Loss: 63.80 - Targets: TP1 59.00, TP2 56.30, TP3 52.50 🔻 Sell Setup 2 - Entry: Break below 57.50 and retest - Stop Loss: 59.20 - Targets: TP1 56.30, TP2 52.50, TP3 50.00 Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
ICMARKETS:XTIUSDShort
by SibiSh
Bearish Delivery Activated Between OG ZonesVANTAGE:XAUUSD price has rejected cleanly from the new 🐼Bearish OG Zone, and the OG TrendMaster just printed a 📉Short signal. Buyers lost control, so my bias is to the downside, targeting the lower OG zone. Short Bias: • Entry: 4,078 – 4,090 (Bearish OG zone) • Stop: Above 4,118 • TP1: 4,045 • TP2: 4,025 • Final Target: Lower OG Zone (around 4,000 – 3,990) Fundamentals also line up with a bearish bias on gold. Today’s key U.S. releases NFP, Unemployment Rate, and Average Hourly Earnings can create strong volatility. If jobs and wages come in stronger than expected, the dollar typically strengthens and gold sells off. Even neutral numbers can keep pressure on gold as markets price in tighter monetary conditions. With heavy USD data on deck, the short setup aligns well with the macro narrative.
VANTAGE:XAUUSDShort
by iamtradingdon
QuyetP | Careful with GOLD! Big move down right ahead!??OANDA:XAUUSD is signaling something clear: a big move down is in its early stage. I broke this down earlier, and price is playing out exactly as outlined. Forget short-term news — price tells the truth. Bearish structure holds strong. Every bounce gets sold off. In the VIP group, I’m already holding several short positions and will manage/add based on how price reacts at key levels. Key points: - Trend: Strong bearish bias - Big move: Still early — plenty of downside room - News: Ignore noise, follow price Check the previous analysis in the link below.
OANDA:XAUUSDShort
by QuyetP
XAUUSD - Bulls Still Stepping In at Demand… Watching the Retest!Gold remains overall bullish, holding firmly above the major support zone around $4,000–$4,050. This entire red area has been acting as a strong demand zone for weeks, with price bouncing from it multiple times, a clear sign that buyers are defending this level aggressively. 📈XAUUSD is also respecting the rising trendline , forming a clean higher-low structure. As long as Gold remains above both the trendline and the support zone, the bullish outlook stays intact. I will be looking for long setups on the next retest of this confluence area. 🏹If buyers step in again, the next move could push toward the previous highs near $4,385. But if price breaks below the support zone and the trendline, the bullish structure would weaken and open the door for a deeper correction. For now, this zone is the key. Will Gold bounce again… or finally break through support? 🤔 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
TICKMILL:XAUUSDLong
by TheSignalyst
10
GOLD Trading Opportunity! BUY! My dear followers, I analysed this chart on GOLD and concluded the following: The market is trading on 4062.9 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 4083.0 Safe Stop Loss - 4050.2 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
TRADENATION:XAUUSDLong
by AnabelSignals
1
A simple way to view multi time-frame analysisHere's another area many traders struggle with. The real value in using multiple timeframes is to know what to look for and when to look for it! As I have mentioned in a lot of my posts, all of this comes back to Dow theory; you don't need to make life hard on yourself. instead, simplify your approach and align a small number of timeframes and you will be surprised at the results. Let me give you an example; In this image above, you can see a clear push-up and a high, then a pullback. Why not use this high? It had a clear change of character to the downside. Well, the answer is - you would view these as separate timeframes. Although they are viewed on the exact same timeframe as my image. One you could call a primary trend and one a secondary. For a bit more depth, see this post. If you are already familiar with the idea, then the next thing you want to understand. What phase is the primary trend in? This becomes important as you drill down to the entry timeframes, as what you are trying to do is to understand a general bias. Once you grasp this, you can even trade the counter-trend moves (if you like). Ok, so with that being said. Let's add the second timeframe. As you can see, the orange line represents the primary trend, whilst the internal white path now represents the secondary trend. Why this is key, is because at this stage, the larger trend also could be doing one of two things. Going UP or DOWN. Up - Down - Once you understand the larger trend, the internal will work to facilitate the next leg of that higher degree. Of course, there will be reversals (but that's for another post). Working with an uptrend for the sake of an example; Price pushes up and then pulls back. If we know the ranges, I have covered this in several posts recently (mechanical). We can quickly identify the higher timeframe range. Once price breaks above this range, at some stage, you will expect to see a lower timeframe change of character, which is simply the start of a pullback on this higher timeframe. There are several ways to take advantage of this (again, another post). But working with this example. The first move above the range happened overnight or when you were not at your desk. You now have the information to work with the next phase. Assuming price is in a larger uptrend, you want to start to align these timeframes. This will be the case regardless of where in the move you are. These are only examples. This image above shows the trigger trend in alignment with the higher timeframe. This image below shows the opposite. Of course, there is more risk involved here as the bigger trend is going the other way, but as long as you acknowledge that, then opportunities will present themselves in both directions. Here's a few examples on where or how to use this. The second option is using the higher (secondary) not the trigger, but exactly the same concept. Finally, the third option is using all three of the timeframes. Firstly, you know the larger move is up. The second has started to align. Finally, the trigger trend (the minor) has it's change of character and you expect now the move to continue to the upside. This gives a higher risk-to-reward ratio and often it's a higher probability in terms of the outcome. For the simple reason, the two higher timeframes now agree. Some of the other posts connected to this one. Anyways! Take it easy. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principal trader has over 25 years' experience in stocks, ETF's, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
COINBASE:BTCUSDEducation
by Mayfair_Ventures
8