Complete system for Day & Swing TradersHey whats up traders,
Today Im going reveal simple but effective way to analyze and trade any markets - Stocks, Indices, Forex and Crypto. This thing works on everything because it's based on liquidity manipulations.
It's 100% mechanical structured aproach with fixed targets and defined. So unlike traders who trade various patterns and have on charts different patterns and diagonal subjective lines, you can backtest it and measure its and yours execution performance to get your statistical data for Risk Reward and Winning Ratio.
‼️Once you obtain such data from data sample large enough you will also solve biggest trading problems - FEAR, GREED and OVERTRADING. Why ?
📊 Because if you know you win rate is 60 - 70 % trades with RR 2.3 with aprox. 4 trades in a month per instrument, why would you then do following?
Try to look for trade every day when there is not your setup.
Fear open next trade after few losses?
Open huge gamble trade if you know 30% of trades can be loss
Try to hold for unrealistic target if you know most of your trades hit 2.5 RR
Try to pass prop challenge in one trade ?
... and many more psychological and undisciplined mistakes which discretional pattern traders without EDGE and statistical data about their strategy are doing.
🧠 Having mechanical system with backtested data is your EDGE.
💪 That is what makes you DISCIPLINED TRADER.
🧩 Basic Concept
Im looking for the fake break out of the range. Whether we call it manipulation or Stop hunt. It really doesn't matter. The idea is that once big candle is created it creates fomo and break out traders are entering continuation. I trade against them.
📍Bullish continuation setups
Model 1 - Entry after manipulation - 50% target
Model 2 - Entry on pullback on level between 61.8 - 80% pullback
📍Bearish Continuation setups
Model 1 - Entry after manipulation - 50% target
Model 2 - Entry on pullback on level between 61.8 - 80% pullback
🧩 Manipulation phase
is key for this concept. Without it happening, institutional move cant happen. Why ? Market makers are not looking to stop hunt our stop losses. They dont care about your or mine stop losses even if we trade 100 lots. Most of the brokers are B-Book anyway. But they are seeking the liquidity and they are placed above the highs and lows. You dont even need to read order book or book map to know it. To understand liqudity better read this post below
Now you understand after the liquidity was swept. Big players have guns loaded and the move can start. This is what we want to participate. But !! What I have just shown you are patterns. Without adding them in to the right context with the market they will not have highest winning ratio. You must be selective. Basically you want to:
📍Down Trend - Trade Stop hunts above the highs
📍Up Trend - Trade Stop Hunt below the lows
In other words we want be buying lows and selling highs. 🧪 How to do it I explained in this post below 📍 Top- Down analysis
Before we go to the refined entries we must understand top down analysis and what to look for on the charts. Never start with LTF. You always must go with top Down analysis.
🧩 TOP Down analysis
HTF Timeframe for the trend
ITF - Timeframe - Ranges and Key Levels
LTF - Timeframe Profiling and entries
Once we analyze the trend define our range on our timeframe we are looking for manipulation before we go to entries remember this:
🧪Range is mostly created close the key level. If any candle close above the range - Its makes it invalid.
🧪We want see and trade wicks above the range, there you are looking for LTF entry.
📍 Bearish Scenario - (ITF view ) Price should not have candle close above the range on the same timeframe otherwise setup is invalidated and new range created. 📍 Bearish Scenario - (LTF view) - price (yellow has structured movements and should be crating AMD profiles on the edge of the range. We need to drop to LTF to read the structure. 📍 Bullish Scenario ITF view - Price should not have candle close below the range on the same timeframe otherwise setup is invalidated and new range created. 📍 Bullish Scenario - (LTF view) - price (yellow) has structured movements and should be crating AMD profiles on the edge of the range. We need to drop to LTF to read the structure. ‼️Note that Im always referring to the key level. It's called key level , because it's key for the success of the setup. Without it it will work only sometimes. This element must be part of the setup. I personally like the Order Block in other word Supply / Demand zone.
🧪 I have explained Order block in the post below Before we go to trade setup let's clarify timeframes again. Price is fractal you can basically trade this on any timeframes, but you still need to keep structure of 3 Timeframes.
🧩 Timeframe Alignments
🧪Short Term Trading
Trend - Monthly - Directional draw on liquidity
RangeS - Weekly - Stop hunts
AMD Profiles / Entries - H4/H1
🧪Swing Trading
Trend - Weekly - Directional draw on liquidity
Range - Daily - Stop hunts
AMD Profiles / Entries - H1/M15
🧪Day trading
Trend - Daily - Directional draw on liquidity
Range - H4 - Stop Hunts
AMD Profiles / Entries - M15/ M5
🧪Scalping
Trend - H4 - Directional draw on liquidity
Range - H1 - Stop hunts
AMD Profiles / Entries - M5/M1
🔥I recommend to trade daily and weekly ranges. Im not saying Day trading and Scalping is impossible. But Im sure none of us started trading for being isolated nerd behind the PC whole day stressing yourself about every minute. You want live social live and enjoy the freedom which trading can give you and mainly Daily and weekly ranges are higher probability.
🧩 AMD- Accumulation Manipulation Distribution
This is happening on the markets over and over. Everyone who trades profitably use it and if not they are not continuous about using it but they use it is what is necessary to move the market. And we want see It on the Edge of the range with confluence of the key level.
Support and Resistance
How to Find Key Levels and Support/Resistance Zones Gold XAUUSD
Key levels and support/resistance zones are 2 essential concepts for profitable trading Gold.
In this article, I will share with you a simple and a proven way to find levels and supply/demand clusters on XAUUSD chart.
I will provide a complete guide with examples.
Always start levels/zones analysis on Gold with key levels identification.
Simply put, a key level is a completion point of a strong bullish or bearish movement.
It is the highest high of a bullish wave and the lowest low of a bearish wave.
Let's take a price action on Gold for the last month and let's try to identify key levels.
Analyzing peeks and bottoms of significant price movements, I managed to quickly find a bunch of important key levels.
The ones that are below current spot prices will be called key support levels, while the ones that are above current prices will be called key resistance levels.
What many traders miss, analyzing key levels, is that every key level will always be a part of support/resistance zones.
Candle closes of highs and lows of important price movement will also be important levels.
I underlined all such levels on our Gold chart.
These levels and highs/lows of the impulses will compose supply and demand zones.
That is how these zones look.
The areas that are based on key supports will be called demand zones.
The areas that are based on key resistances will be called supply zones.
The logic is that a high volume of selling orders will be distributed within supply clusters.
Probabilities will be high that a bearish reaction will follow after a test of such a zone.
Demand zones will accumulate buying orders and buying activity.
With a high probability, Gold price will bounce from such zones.
Levels and zones analysis will provide you with a map for trading Gold.
Use that as a map that 95% of retail traders will not see.
It will help you find profitable trades.
❤️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.
Order Flow & Fair Value Gap Approach 3 Setups in the last 48hourThis strategy leverages order flow analysis and the concept of fair value gaps, operating on the principle that the market behaves as an auction—constantly seeking areas of balance and imbalance.
Over the past 48 hours, BTCUSD has presented three high-probability scalping setups aligned with this methodology.
Market Context
Trend: Bullish
The market has shown clear bullish momentum over the last 48 hours.
Breakout Event:
Price broke out of a consolidation zone with strong, aggressive buying activity, indicating a shift in market sentiment and the initiation of a new leg in the trend.
Imbalance Creation:
During this breakout, two fair value gaps (FVGs)—also referred to as low value nodes (LVNs)—were formed as a result of inefficient price movement.
Trade Setup Criteria & Checklist
To validate each setup, we apply the following checklist:
Criteria Status
1. Trend is bullish ✅ Confirmed
2. Breakout from a consolidation zone with aggressive buy orders ✅ Confirmed
3. Fair value gap created by impulsive buying ✅ Confirmed
4. Retracement into the fair value gap ✅ Confirmed
5. Confirmation of strong buyers defending the FVG zone ✅ Confirmed
6. Defined risk with favorable R:R (1:2 or better) ✅ Confirmed
Risk Management
Each trade setup followed a 1:2 risk-to-reward ratio, maintaining consistency with our strategy's risk parameters.
This sequence illustrates how combining order flow with structural imbalances like fair value gaps can produce high-quality scalping opportunities. Always remember: context, confirmation, and confluence are key.
September 28, Forex Outlook: What Can Traders Expect This Week?Welcome back, traders!
In today’s video, we’ll be conducting a Forex Weekly Outlook, analyzing multiple currency pairs from a top-down perspective—starting from the higher timeframes and working our way down to the lower timeframes.
Our focus will be on identifying high-probability price action scenarios using clear market structure, institutional order flow, and key confirmation levels. This detailed breakdown is designed to give you a strategic edge and help you navigate this week’s trading opportunities with confidence.
📊 What to Expect in This Video:
1. Higher timeframe trend analysis
2. Key zones of interest and potential setups
3. High-precision confirmations on lower timeframes
4. Institutional insight into where price is likely to go next
Stay tuned, take notes, and be sure to like, comment, and subscribe so you don’t miss future trading insights!
Have a great week ahead, God bless you!
The Architect 🏛️📉
Master Horizontal Lines on Trading Charts | Signal & Structure 2In this second episode of the Signal and Structure series, we dive deep into one of the most fundamental yet powerful tools in technical analysis - horizontal support and resistance lines. This practical tutorial demonstrates a systematic approach to identifying and marking key price levels across multiple timeframes.
What You'll Learn:
Color-Coded Line System for Multiple Timeframes:
Monthly (Black, thickness 4) - The strongest levels from monthly candle closes
Weekly (Maroon/Brown, thickness 3) - Key weekly support/resistance zones
2-Day (Red, thickness 2) - Intermediate term levels
12-Hour (Orange, thickness 1-2) - Short-term trading levels
3-Hour (Yellow, thickness 1) - Day trading reference points
Key Concepts Covered:
Why monthly candle closes often matter more than wicks (with live examples)
How previous resistance becomes new support - demonstrated on Bitcoin's chart
Identifying distribution and accumulation ranges using horizontal levels
The importance of avoiding chart clutter - when NOT to add more lines
Using transparent candles to see through to your levels and indicators
Practical Techniques:
Live demonstration on TradingView using Bitcoin/USD charts
How to identify the most significant levels from each timeframe
Creating "boxes" to visualize trading ranges and distribution zones
Brief introduction to Wyckoff theory concepts (spring patterns)
Tips for maintaining clarity when working with multiple overlapping levels
Chart Setup Tips:
Why exchange charts (KuCoin, Gate.io) provide better volume data than index charts
Continuing emphasis on logarithmic scale for crypto analysis
How to organize your workspace for multi-timeframe analysis
This 20-minute tutorial walks you through the exact process of building a professional-grade support and resistance framework on your charts. The presenter demonstrates each concept in real-time on TradingView, making it easy to follow along and implement these techniques immediately.
Perfect for traders who want to move beyond random line drawing and develop a systematic, color-coded approach to identifying key market levels. Whether you're scalping on the 3-hour or position trading on the monthly, this hierarchical system helps you see exactly where the important levels are at a glance.
Next episode preview: Diagonal trend lines, channels, and Fibonacci levels - including a unique approach to stacking channels that provides an edge in the markets.
Learn the Significance of Psychological Levels and Round Numbers
When traders analyze the key levels, quite often then neglect the psychological levels in trading.
In this article, we will discuss what are the psychological levels and how to identify them.
What is Psychological Level?
Let's start with the definition.
Psychological level is a price level on a chart that has a strong significance for the market participants due to the round numbers.
By the round numbers, I imply the whole numbers that are multiples of 5, 10, 100, etc.
These levels act as strong supports and resistances and the points of interest of the market participants.
Take a look at 2 important psychological levels on EURGBP: 0.95 and 0.82. As the market approached these levels, we saw a strong reaction of the price to them.
Why Psychological Levels Work?
And here is why the psychological levels work:
Research in behavioral finance has shown that individuals exhibit a tendency to anchor their judgments and decisions to round numbers.
Such a decision-making can be attributed to the cognitive biases.
Quite typically, these levels act as reference points for the market participants for setting entry, exit points and placing stop-loss orders.
Bad Psychological Levels?
However, one should remember that not all price levels based on round numbers are significant.
When one is looking for an important psychological level, he should take into consideration the historical price action.
Here are the round number based levels that I identified on AUDUSD on a weekly time frame.
After all such levels are underlined, check the historical price action and make sure that the market reacted to that at least one time in the recent past.
With the circles, I highlighted the recent reaction to the underlined levels. Such ones we will keep on the chart, while others should be removed.
Here are the psychological levels and proved their significance with a recent historical price action.
From these levels, we will look for trading opportunities.
Market Reaction to Psychological Levels
Please, note that psychological levels may trigger various reactions of the market participants.
For instance, a price approaching a round number may trigger feelings of greed, leading to increased selling pressure as traders seek to lock in profits.
Alternatively, a breakout above/below a psychological level can trigger buying/selling activity as traders anticipate further price momentum.
For that reason, it is very important to monitor the price action around such levels and look for confirmations.
Learn to identify psychological levels. They are very powerful and for you, they can become a source of tremendous profits.
❤️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.
Dealing Ranges - Powerful filter tool to your tradingHello Traders today. I ll break down for you how to enter on a pullback with high accuracy and not being stopped out by using a fibonacci in other words a Dealing range.
A Dealing Range forms when price takes out both a swing high and a swing low, followed by a clear expansion move. That expansion swing becomes the dealing range.
• By dividing the dealing range in half, we get two zones:
• Discount region (lower half) – where buying opportunities are typically more favorable.
• Premium region (upper half) – where selling opportunities are typically more favorable.
• You can think of a dealing range as similar to a PD Array Matrix, but specifically applied to expansion swings rather than consolidation phases.
On the example bellow I drew a Dealing range. If I took the long from the key level in the premium the trade would fail. But if waited for the key level in discount I could get much better RR and explosive move vice versa is happening on the bearish order flow charts. Check on your charts
So why is this situation on the above happening quite often?
It's simple - Liquidity. Market makers needs liquidity to fill their orders so they print nice trade opportunities in the premium where trader enter this setup, for trend continuation.
Setup is technically right. But by placing the trades in premium they creates a stop loss cluster = liquidity in the discount. Then this happen - price go for the liquidity of early buyers in the premium hits key level in the discount and it continue with the trend.
Im not saying that key levels in the premium cant work, in the strong trend there is no always pullback to the discount. But by applying Dealing ranges you will get:
Less but more accurate trades
Higher Risk reward setups
You can build HTF narrative
Use it for targets
Better risk management
Remember, there is not always a key level in the premium and pullback to the discount is not enough. Trade must go from a key level. So if there is not a key level in the premium price is often retracing to the discount key level in order to create a liquidity around a key level price makes a false break which sucks traders in to the market and create a liquidity on a key level.
Dont enter if price is not going from key level its a trap.
Time frame alignments
Always use 2 timeframes Higher time frame (HTF) and Lower timeframe (LTF)
• Higher Timeframe (HTF) = Dealing ranges
• Lower Timeframe (LTF) = Market Profiles / Profiling
Timeframe sequence
HTF Monthly - LTF - Daily / H4
HTF Weekly - LTF - H4 / H1
HTF Daily - LTF H1/ M15
HTF H4 - LTF M15 / M5
Im giving 2x LTF options because sometimes you need to scale lower timeframe to understand price action and best entries. However for the confirmations you can do well with the main sequence of first two.
Apply this rule to any markets. Im adding links to few examples from stocks, crypto an FX where you can see application of this concept. Click to charts to open them and see how price behave in discount and premium.
Examples from successful Tradingview Ideas
Tesla pullback to the discount - Low created in discount ATH most likely coming
Bitcoin pullback to the discount - Followed by expansion to ATH
Palantir pullback to the discount - followed by expansion to ATH
Bitcoin pullback to the Discount - followed by expansion
GBPCHF - Targeting Liquidity in the discount
Hope this help you in your trading journey. Let me know in the comments
David Perk aka Dave FX Hunter
System Hopping - The Hidden Cost of Self-DoubtNOTE – This is a post on Mindset and emotion. It is NOT a Trade idea or strategy designed to make you money. If anything, I’m taking the time here to post as an effort to help you preserve your capital, energy and will so that you are able to execute your own trading system as best you can from a place of calm, patience and confidence.
Here’s a scenario:
You take a loss.
Then another.
Suddenly, the system you trusted yesterday feels broken today.
On this chart of Solana, imagine you were trading a breakout system. You may have had four false breaks that didn’t really follow through before the market finally broke higher. When do you give up on the idea or the system altogether?
How self-doubt shows up:
You start thinking: “Maybe another system would have worked better…”
You switch, tweak, reinvent mid-cycle.
You lose patience with the method you worked so hard to design.
You are in danger of system hopping.
Emotional side:
Self-doubt often disguises itself as “rational analysis,” but underneath it’s uncertainty, frustration, even a tightening in the chest. You hesitate to pull the trigger, second-guess your plan, or overcorrect with a brand-new approach.
It’s rarely your system that’s broken.
It’s the lack of trust in yourself to see it through.
Shift your mindset
Every system has drawdowns. If you abandon yours too soon, you never let it prove itself. So the task really is to find a way to collect the data without blowing out / over extending yourself.
Practical tips … the How:
Write down your system rules and keep them visible, so you trade what’s planned, not what you feel.
Track results over a proper sample size (50–100 trades) before judging performance.
Make sure you are position sizing sensibly. This is an art in and of itself. The key being - do not risk what you can not afford on any one trade / series of trades. Paper trade if you need to to start with just to collect the data on the system.
Journal emotions separately from trade outcomes — so you see when doubt is about you, not the system.
Set a “no system changes” rule during drawdowns. Only review at scheduled intervals.
Closing thought:
Your edge doesn’t come from finding the perfect system.
It comes from trusting a good one long enough to let it work.
How to Use Fibonacci Levels in Gold Trading. Best Ratios For XAU
I will teach you a simple but efficient way of using Fibonacci levels for Gold analysis.
You will learn the strongest Fib.retracement levels and a proven strategy for XAUUSD trading.
First, let me show you the most powerful Fibonacci retracement levels that you should use for trading Gold.
The most significant ones are: 382, 50, 618, 786.
To use these Fib.Retracement levels properly, you will need to find the strongest 3 impulse legs.
Please, note that you can execute Fibonacci analysis of Gold on any time frame, for the sake of the example, we will do that on a daily.
Here are 3 impulses that I found.
I was simply trying to identify the price waves with the strongest impact. I underlined them from their lows to their highs.
We will draw Fibonacci Retracement levels based on these 3 movements.
We plot Fib.Retracement of a bullish impulse from its low to its high.
We plot Fib.Retracement of a bearish impulse from its high to its low.
That is how it looks.
After that we will need to find a confluence - zones or levels where Fib.Retracement levels of different impulses match .
Such zones will be significant liquidity clusters where market participants will place huge volumes of trading orders.
The first 2 confluence zones that I spotted on a Gold chart will be specific. They are based on 1 and 0 Fib.Retracement levels that match.
These 2 areas are both completion and starting points of our impulse legs.
The fact that significant price movements completed and started after tests of these zones indicates their significance .
Confluence zones 3/4/5/6 are based on a convergence of at least 2 Fib.Retracement levels of different impulses.
Probabilities will be high that these zones will attract the market liquidity.
After we found all confluence zones, I recommend removing Fibonacci levels from the chart to keep it clean .
That is how our complete Fib.Analysis will look.
From these zones, we will look for trading opportunities.
The areas that are above current price levels will be significant supply areas , and we will look for sell signals from them.
The zones that are below Gold spot price will be demand areas. Chances will be high that a strong buying reaction will follow after their test.
Confluence zones that we spotted on Gold chart provide unique perspective. Integrating them in your XAUUSD analysis, you will increase the accuracy of your predictions and trading decisions.
❤️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.
How to Use Moving Averages in TradingViewMaster moving averages using TradingView's charting tools in this comprehensive tutorial from Optimus Futures.
Moving averages are among the most versatile technical analysis tools available, helping traders analyze trends, identify overbought/oversold conditions, and create tradeable support and resistance levels.
What You'll Learn:
Understanding moving averages: lagging indicators with multiple applications
Simple moving average basics: calculating price averages over set periods
Key configuration choices: lookback periods, price inputs, and timeframes
How to select optimal lookback periods (like 200-day) for different trading styles
Using different price inputs: close, open, high, or low prices
Applying moving averages across all timeframes from daily to 5-minute charts
Analyzing price relative to moving averages for trend identification
Using 50-day and 200-day moving averages for trend analysis on E-Mini S&P 500
Mean reversion trading: how price tends to return to moving averages
Trend direction analysis using moving average slopes
Famous crossover signals: "Death Cross" and "Golden Cross" explained
Trading moving averages as dynamic support and resistance levels
Advanced moving average types: weighted and exponential moving averages
Applying moving averages to other indicators like MACD and Stochastics
Balancing sensitivity vs. noise when choosing periods
This tutorial may benefit futures traders, swing traders, and technical analysts who want to incorporate moving averages into their trading strategies.
The concepts covered could help you identify trend direction, potential reversal points, and dynamic trading levels across multiple timeframes.
Learn more about futures trading with TradingView:
optimusfutures.com
Disclaimer:
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. Please trade only with risk capital. We are not responsible for any third-party links, comments, or content shared on TradingView. Any opinions, links, or messages posted by users on TradingView do not represent our views or recommendations. Please exercise your own judgment and due diligence when engaging with any external content or user commentary.
This video represents the opinion of Optimus Futures and is intended for educational purposes only. Chart interpretations are presented solely to illustrate objective technical concepts and should not be viewed as predictive of future market behavior. In our opinion, charts are analytical tools—not forecasting
5 Elements of the Best Key Level in Forex, Gold Trading
What are the best key levels to trade?
This year I analyzed more than 1500 key structures on Forex, Gold, Crypto and Indexes.
In the today's article, I prepared for you a list of 5 elements of a perfect support and resistance for trading.
As always, remember that the best key levels are always on a daily time frame . So all the structures that we will discuss will be strictly on a daily .
Also, all the structures that I analyzed and traded are available on my TradingView page, so you can back test them by your own.
1. Clear historical significance
The structure that you spotted should act as a significant historical support or resistance.
Here are the important historical support and resistance that I spotted on USDCAD on a daily time frame.
2. Psychological significance
The structure that you identified should match with round numbers.
All the structures that we spotted on USDCAD match with psychological numbers.
3. Confluence with other technical tools
The best structure should align with other trading tools such as trend lines or Fibonacci levels , strengthening its significance.
After adding fibonacci levels and a significant falling trend line on the chart, the confluence was found in Resistance 6, Resistance 3, Resistance 2, Resistance 1, Support 2. Other structure does not match with technical tolls.
4. Volume
The level experiences high trading volumes, indicating strong participation and interest from market participants, especially smart money.
All the structures that we underlined show significant volume spikes. By volume spike, I mean a volume being higher than the average volume - a blue curve on volume.
5. Multiple touches
The more, the better. There are numerous instances where price has respected and reacted to the structure, confirming its strength (at least 2).
Only these 3 structures were confirmed by the multiple touches. These resistances will be considered the strongest ones.
That checklist will help you to identify the most significant structures from where you will be able to catch impulsive movement and make nice profits.
❤️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.
Its Non-Farm: How much will ES Move?Hi all - Happy Non-Farm Friday!
I haven't done this in a while and thought it might be helpful to share my process for estimating the size of the move that we may get on ES after the Non-Farm Payrolls data is released.
I'm not trying to make a prediction on direction here - but more understand where the boundaries could be so I can determine how to trade this (what trading tool I can pull out of my box) once the announcement comes out.
Hope it helps and please let me know if you find it useful and I'll create more posts .
Cheers,
Jeff
Order Block - Powerful Key level and Entry confirmationHey whats up guys,
Today we are going to break down Order Block. This powerful pattern can be used as the level and also as the lower timeframe entry confirmation. We will break down both.
An Order block is the last bullish or bearish candle before a strong market move that signals where institutions placed large orders, often acting as future support or resistance.
Yes, its basically Demand zone, and it will quite often will be in confluence with POC when using market profile.
Not every order block is high probability one. In order to filter out best levels my order block must meet these two conditions:
1. Located at Premium / Discount Level
As we can so on charts below order block which failed is one which had expansion, but not proper dip in to liquidity and not placed in the discount. And thats what makes it weak because institutions need liquidity dip to buy and they don't do it in the premium prices. So No Liquidity raid - No trade and also it has to be in the discount.
2. Must have FVG or IFVG
In order to move market and create a liquidity void - gap. You need quite large money. Only big players can do it. Therefore if there is not gap, its signs that they are not trading and you should not be also. If there is gap within OB it will be strong one.
As mentioned we can use order block as key level from which we can trade or we can use it as entry confirmation - Change in order flow. We use it on the lower timeframe.
Here is correct timeframe alignment's
Monthly OB as Key Level - Daily Order Block entry
Weekly OB as Key Level - H4 Order Block entry
Daily OB as Key Level - H1 Order Block entry
H4 OB as Key Level - M15 Order Block entry
The entry is simple you need
- Pullback in to the discount
- HTF key Level
- LTF OB being created
Once the candles close above / bellow last down / Up close candle or consecutive candles, you enter your position.
Below is few examples of my successful calls before the fact. No hindsight, its working.
Bitcoin - Order Block entry
Bitcoin - Order Block Entry
Dogecoin - Order Block Entry
Palantir - Order Block Mid point entry
Dollar Index - Order Block entry
Don't hesitate to drop any question's. Im always glad to answer.
Follow me for more educational blog posts.
David Perk
Best Price Action Chart Patterns by Accuracy Last Year
Last year I shared more than 1300 free signals and forecasts for Gold, Forex, Commodities and Indexes.
In my predictions, quite often I relied on classic price action patterns.
In this article, I will reveal the win rate of each pattern, the most accurate and the least accurate formations of last year.
Please, note that all the predictions and forecasts that I shared last year are available on TradingView and you can back test any of the setup that I identified last year by your own. Just choose a relevant tag on my TradingView page.
Also, some of the forecasts & signals were based on a combination of multiple patterns.
Here is the list of the patterns that I personally trade:
🔘 Double Top or Bottom with Equal Highs
The pattern is considered to be valid when the highs or lows of the pattern are equal.
The pattern gives a bearish/bullish signal when its neckline is broken.
🔘 Double Top or Bottom with Lower High/Higher Low or Cup & Handle
The pattern is considered to be valid when the second top/bottom of the patterns is lower/higher than the first one.
The pattern gives a bearish/bullish signal when its neckline is broken.
🔘 Head & Shoulders and Inverted Head and Shoulders
The pattern gives a bearish/bullish signal when its neckline is broken.
🔘 Horizontal Range
The pattern is the extension of a classic double top/bottom with at least 3 equal highs/lows.
The pattern gives a bearish/bullish signal when its neckline is broken.
🔘 Bullish/Bearish Flag
The pattern represents a rising/falling parallel channel.
It gives a bullish/bearish signal when its upper/lower boundary is broken.
🔘 Rising/Falling Wedge Pattern
The pattern represents a contracting rising/falling channel.
It gives a bullish/bearish signal when its upper/lower boundary is broken.
🔘 Rising/Falling Expanding Wedge
The pattern represents an expanding rising/falling channel.
It gives a bullish/bearish signal when its upper/lower boundary is broken.
🔘 Descending/Ascending Triangle
The pattern is the extension of a cup & handle pattern with at least 2 lower highs/lows.
The pattern gives a bearish/bullish signal when its neckline is broken.
Please, also note that all the patterns that I identified and traded were formed on key horizontal or vertical structures.
Remember that the accuracy of any pattern drops dramatically if it is formed beyond key levels.
I consider the pattern to be a winning one if after a neckline breakout, it managed to reach the closest horizontal or vertical structure, not invalidating the pattern's highs/lows.
For example, if the price violated the high of the cup and handle pattern after its neckline breakout, such a pattern is losing one.
If it reached the closest structure without violation of the high, it is a winning pattern.
🔍 Double Top or Bottom with Equal Highs
I spotted 85 setups featuring these patterns.
Their accuracy is 62% .
🥉 Double Top or Bottom with Lower High/Higher Low or Cup & Handle
96 setups were spotted.
The performance turned out to be a little bit higher than a classic double top/bottom with 65% of the setups hitting the target.
🔍 Head & Shoulders and Inverted Head and Shoulders
58 formations spotted last year.
Average win rate is 64%
🏆 Horizontal Range
The most accurate pattern of last year.
More than 148 patterns were spotted and 74% among them gave accurate signal.
🔍 Bullish/Bearish Flag
38 setups identified last year.
The accuracy of the pattern is 57%
Rising/Falling Wedge
The pattern turned out to be a little bit more accurate.
Among 62 formations, 59% end up being profitable.
👎 Rising/Falling Expanding Wedge
The worst pattern of last year.
I recognized 24 patterns and their accuracy was just 51%.
🥈 Descending/Ascending Triangle
64 patterns were identified.
The win rate of the pattern is 66%.
The most important conclusion that we can make analyzing the performance of these patterns is that they all have an accuracy above 50%. If you properly combine these patterns with some other technical or fundamental tools, the accuracy of the setup will increase dramatically.
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.
Fib levels can be easy to draw but when do they matter most?So I have used Fibonacci extensions and retracement along with time based extensions to show how one can determine not only where and what levels are significant but Also, when they should be paying closer attention, that is the point of these lines along the vertical axis because one cannot simply watch the chart all the time
I like to use FaceTime based Fibonacci extensions when I have observed a large move and participated in it and I’m trying to figure out a good way to move forward afterwards. I will often settle Alerts to know when price is touched the 2.8 or the 38 line so that I can check on the chart and see where things are at. It’s helped tremendously with timing, especially if you pay attention to volatility with this.
How to Trade Morning Star and Evening Star Candlestick Patterns Learn to identify and trade Morning Star and Evening Star candlestick formations using TradingView’s charting tools in this detailed tutorial from Optimus Futures.
Morning and Evening Stars are powerful reversal patterns that often mark turning points in the market. Recognizing them can help you anticipate when momentum is about to shift—and take advantage of new trading opportunities.
What You’ll Learn:
• How Morning Stars signal bullish reversals at the end of a downtrend
• How Evening Stars indicate bearish reversals after extended uptrends
• The three-candle structure of each pattern and what it means for trader psychology
• Why indecision candles (like dojis) play a critical role in confirming momentum shifts
• Using volume confirmation to validate Morning and Evening Star setups
• The importance of context: spotting these patterns at major support and resistance levels
• Setting effective stop losses at the high/low of the pattern for risk control
• Advanced entry tactic: waiting for retracement after confirmation to optimize risk/reward
This tutorial may help futures traders and technical analysts who want to harness candlestick reversal signals to identify potential market turning points.
The strategies covered could assist you in creating structured setups when strong buying or selling pressure appears at key chart levels.
Learn more about futures trading with TradingView:
optimusfutures.com
Disclaimer:
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. Please trade only with risk capital. We are not responsible for any third-party links, comments, or content shared on TradingView. Any opinions, links, or messages posted by users on TradingView do not represent our views or recommendations. Please exercise your own judgment and due diligence when engaging with any external content or user commentary.
This video represents the opinion of Optimus Futures and is intended for educational purposes only. Chart interpretations are presented solely to illustrate objective technical concepts and should not be viewed as predictive of future market behavior. In our opinion, charts are analytical tools—not forecasting instruments. Market conditions are constantly evolving, and all trading decisions should be made independently, with careful consideration of individual risk tolerance and financial objective
FOMC and Market Reactions – Simple Logic Explained💎MJTrading:
The Federal Open Market Committee (FOMC) guides U.S. interest rates. Their decisions ripple through all major markets, not just the dollar.
🔑 How It Works (Simple View):
- When the Fed signals higher rates, the USD demand rises (investors seek higher returns), while gold, stocks, and crypto often fall because money becomes “more expensive.”
- When the Fed signals lower rates or slows tightening, the USD loses demand, and money flows into assets like gold, stocks, and crypto.
🔍 Why a Rate Cut Weakens the Dollar:
* Cutting rates means borrowing money becomes cheaper.
* Investors earn less return by holding USD in banks or bonds.
* This lowers demand for the dollar, making it cheaper in global markets.
📊 What the Current Charts Show:
CAPITALCOM:DXY (Dollar Index): Sharp drop → less demand for USD.
FX:XAUUSD (Gold): Demand rises as an alternative store of value.
FX:EURUSD : Euro strengthens against weaker dollar.
BINANCE:BTCUSD : Risk appetite returns, lifting crypto.
BLACKBULL:US30 (Dow Jones): Stocks benefit as liquidity shifts from USD into equities.
⚡ The Core Reason – Demand & Supply
Weaker dollar = reduced demand for USD, so supply flows into gold, stocks, euro, and crypto.
🔮 Looking Ahead – Will the Rally Continue?
The rally may extend if the dollar remains under pressure and the Fed stays dovish.
But caution: after the first strong impulse, markets often retrace to test demand zones before continuing.
Next week’s momentum will depend on whether buyers can sustain demand beyond the initial FOMC reaction.
👉 Takeaway for Traders:
FOMC moves aren’t random. They’re driven by where capital finds the best return. Understanding this demand–supply flow helps explain why all charts move together in these moments.
#MJTrading
#FOMC #DXY #XAUUSD #EURUSD #BTCUSD #US30 #Forex #Gold #TradingEducation #Rally
Psychology Always Matters:
FOMC and Market Reactions – Simple Logic Explained💎 MJTrading:
The Federal Open Market Committee (FOMC) guides U.S. interest rates. Their decisions ripple through all major markets, not just the dollar.
🔑 How It Works (Simple View):
- When the Fed signals higher rates, the USD demand rises (investors seek higher returns), while gold, stocks, and crypto often fall because money becomes “more expensive.”
- When the Fed signals lower rates or slows tightening, the USD loses demand, and money flows into assets like gold, stocks, and crypto.
🔍 Why a Rate Cut Weakens the Dollar:
* Cutting rates means borrowing money becomes cheaper.
* Investors earn less return by holding USD in banks or bonds.
* This lowers demand for the dollar, making it cheaper in global markets.
📊 What the Current Charts Show:
DXY (Dollar Index): Sharp drop → less demand for USD.
XAUUSD (Gold): Demand rises as an alternative store of value.
EURUSD: Euro strengthens against weaker dollar.
BTCUSD: Risk appetite returns, lifting crypto.
US30 (Dow Jones): Stocks benefit as liquidity shifts from USD into equities.
⚡ The Core Reason – Demand & Supply
Weaker dollar = reduced demand for USD, so supply flows into gold, stocks, euro, and crypto.
🔮 Looking Ahead – Will the Rally Continue?
The rally may extend if the dollar remains under pressure and the Fed stays dovish.
But caution: after the first strong impulse, markets often retrace to test demand zones before continuing.
Next week’s momentum will depend on whether buyers can sustain demand beyond the initial FOMC reaction.
👉 Takeaway for Traders:
FOMC moves aren’t random. They’re driven by where capital finds the best return. Understanding this demand–supply flow helps explain why all charts move together in these moments.
#MJTrading
#FOMC #DXY #XAUUSD #EURUSD #BTCUSD #US30 #Forex #Gold #TradingEducation #Rally
Psychology Always Matters:
Click on the image to read the caption.
SMC Trading Basics. Liquidity Zones & How to Identify Them
In the today's article, I will teach you the concept of liquidity zones and how to identify them properly, trading Forex, Gold, Crypto and Indexes.
Simply put, a liquidity zone is a certain area on a price chart where a significant concentration of trading volumes occurred.
Huge trading volumes signify the presence of big players: hedge funds, banks, etc...
Correct identification of liquidity zones is essential for smart money trading, because such zones provide the safest and the most profitable trading opportunities.
There are 3 common characteristics of a valid liquidity zone:
1. Huge volume spikes upon its test
Take a look at the underlined blue area on USDCAD.
We see sharp volume spikes when the market was testing that area.
2. Strong rejections from such an area with a formation of long wicks
Look how the price reacts to the liquidity zone on USDJPY.
We see multiple strong rejections from that.
3. Long consolidation within that zone
Bitcoin was "standing" on a liquidity zone for more than 3 weeks, barely moving while trading volumes were quietly accumulating.
4. Multiple strong bullish or bearish reactions to that area
Just look how many times the underlined area was respected by the buyers and by the sellers. That is a perfect example of a liquidity zone.
To underline a liquidity zone properly, follow these simple rules:
1. If the price is ABOVE the liquidity zone, its lower boundary
will be the lowest wick within that area and its upper boundary will be the lowest candle close. Such a liquidity zone will be called a demand area.
Here is the example of drawing a liquidity zone on GBPUSD.
The lower boundary of the zone is the lowest wick, while its upper boundary is the lowest candle close.
2. If the price is BELOW the liquidity zone, its upper boundary will be the highest wick within that area and its lower boundary will be the highest candle close. Such a liquidity zone will be called a supply area.
Here is the liquidity zone that I identified on Gold following our rules.
Remember, that you can identify liquidity zones on any time frame. However, the rule is that the higher is the time frame, the stronger is the liquidity zone.
I prefer to analyze the liquidity zones on a daily time frame.
Once you underlined liquidity zones, you should realize that within these areas, big players are expected to place their orders in the future.
For that reason, after the tests of such areas, a strong bullish or bearish movements will be expected.
Here is a huge liquidity zone that I spotted on GBPJPY.
Look at a strong bearish movement that initiated after its test.
Your task as a smart money trader will be to identify bullish or bearish confirmations and understand the intentions of big players. With experience, you will learn to recognize valid signals.
❤️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.
Identifying High-Probability Support: The Power of ConvergenceHello Friends,
Welcome to RK_Chaarts
Today we're going to learn Comprehensive Guide to Identifying Convergent Support Zones
Which are High Probability Support areas. This post is for Educational purpose only.
This detailed analysis will walk you through a step-by-step process of combining multiple technical analysis methods to identify a robust support zone. We'll explore how Elliott Wave theory, Anchored VWAP, EMA200, Fibonacci Retracements, and equality to extensions can coincidentally converge on the same support zone.
Step 1: Elliott Wave Analysis
Begin by identifying the Elliott Wave structure. Look for impulse waves, corrective waves, and the relationships between them. In this example:
- Wave Y is potentially completing near the equality zone (100% to 161.8% extension).
- This level marks a potential reversal point.
Support zone as per Elliott Wave theory Analysis
Step 2: Anchored VWAP Analysis
Apply Anchored VWAP to identify key support levels:
- Plot the VWAP from the last swing low and the second-last swing low.
- Note the convergence of these VWAP levels, which can indicate strong support.
Support zone as per Anchored VWAP Analysis
Step 3: EMA200 Analysis
Add the 200-period Exponential Moving Average (EMA) to your chart:
- The EMA200 has consistently provided support during previous corrections.
- Note the price approaching this level, increasing the likelihood of a bounce.
Support zone as per 200 Exponantial Moving Average
Step 4: Fibonacci Retracement Analysis
Apply Fibonacci retracements to the previous rally:
- Identify the 50%, 61.8%, and 78.6% retracement levels.
- Note the current fall has already exceeded the 38% retracement.
Support zone as per Fibonacci Retracement Analysis
Step 5: Convergence of Support Zones
Combine the analysis from each step:
- Note the striking convergence of support zones:
- Elliott Wave equality zone (100% to 161.8% extension)
- Anchored VWAP support zone
- EMA200 support level
- Fibonacci retracement zone (50%-61.8%)
Coincidentally all these are providing nearly same Support area (Price zone)
Trading Implications
With the convergence of these multiple analysis methods, you can:
- Identify a high-probability support zone.
- Look for buying opportunities near this zone.
- Monitor price action and market sentiment for confirmation of a reversal.
- Consider scaling into positions or setting limit orders within the support zone.
Important Note: Failure to Hold Support
If the price fails to hold support at this converged zone, it may indicate a stronger bearish trend. In this scenario:
- Be prepared for a potential significant downfall.
- Consider adjusting your trading plan to account for the increased bearish momentum.
- Keep a close eye on price action and market sentiment for further guidance.
By understanding the convergence of these multiple analysis methods and being aware of the potential risks, you'll be better equipped to make informed trading decisions and navigate the markets with confidence.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Mastering indecision candlestick patterns - How to use it!In this guide I will explain the indecision candlestick patterns. The next subjects will be discussed:
- What are indecision candlestick patterns?
- What is the doji?
- What is the spinning top?
- What is the high wave candle?
What are indecision candlestick patterns?
Indecision candlestick patterns are formations on a price chart that suggest uncertainty in the market. They appear when neither buyers nor sellers have full control, meaning the price moves up and down during the trading period but closes near where it opened. This creates a candle with a small real body and often long wicks on either side, showing that the market explored both higher and lower prices but ended up not committing strongly in either direction. These patterns are often seen during periods when traders are waiting for more information before making bigger moves.
What is the doji?
One of the most well-known indecision candles is the doji. A doji forms when the opening price and the closing price are almost identical, resulting in a very thin body. The wicks, which show the highest and lowest prices of the period, can be long or short depending on market activity. A doji tells us that buying and selling pressure were almost equal, which can happen during pauses in trends or before major reversals.
What is the spinning top?
Another type is the spinning top. A spinning top also has a small body, but unlike the doji, the open and close are not exactly the same. The wicks on both sides are typically of similar length, indicating that the market moved both up and down significantly before settling close to the starting point. This pattern reflects hesitation and a balanced struggle between bulls and bears.
What is the high wave candle?
The high wave candle is a more dramatic version of indecision. It has a small real body like the other patterns but features very long upper and lower shadows. This means the market swung widely in both directions during the period, but ultimately closed without making strong progress either way. The high wave candle signals strong volatility paired with uncertainty, which can often precede sharp moves once the market chooses a direction.
When you see these types of candles, they are essentially the market saying “I’m not sure yet.” They often appear at turning points or before big news events and can warn that the current trend may be losing strength. However, they are not guarantees of reversal or continuation on their own. Traders usually combine them with other technical signals or chart patterns to confirm whether the market will break out in one direction or the other.
-------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Thanks for your support. If you enjoyed this analysis, make sure to follow me so you don't miss the next one. And if you found it helpful, feel free to drop a like 👍 and leave a comment 💬, I’d love to hear your thoughts!
How to Identify Support and Resistance in Markets with AnologyHello Friends,
Welcome to RK_Chaarts,
Today we are going to learn & understand real work of Supports and Resistances in markets,
and Market structure with very good examples (Educational Post)
The Market's Architecture: Support and Resistance
This is an excellent analogy for understanding two of the most worthful concepts in technical analysis: support and resistance. By thinking of the market as a multi-story building, we can visualize how price moves and what happens when it hits certain levels.
- The Core Analogy: The Building and the Elevator
- Imagine the market as a large building with many floors. The price of an asset (like a stock or a cryptocurrency) is like an elevator moving up and down within this structure. The floors and ceilings of the building are not physical barriers but represent specific price points that the market has collectively agreed upon as important.
- The Floor (Support)
The floor of a building provides a solid base and prevents the elevator from falling further. In the market, this is called a support level. A support level is a price point where buying pressure is strong enough to stop the price from declining. When the "elevator" (price) reaches the floor, it finds enough buyers to give it a lift, preventing a deeper fall. A strong support level is like a thick concrete floor—it has been tested multiple times and holds firm, showing that there is significant demand for the asset at that price.
- The Ceiling (Resistance)
- The ceiling of a building sets the upper limit for the elevator's movement on a given floor. This is the market's resistance level. A resistance level is a price point where selling pressure is strong enough to prevent the price from rising further. When the "elevator" hits the ceiling, it encounters a large number of sellers who are ready to take profits, pushing the price back down. A strong resistance level is like a low ceiling—the price hits it and retreats, indicating that many investors believe the asset is overvalued at that point.
Breaking Through: New Levels
The most dynamic part of the analogy is what happens when the elevator breaks through a floor or ceiling.
Breakout (Breaking the Ceiling):
When the price has enough momentum to push through the resistance level (the ceiling), it has essentially moved to a new, higher floor. This is a significant event. The old ceiling, which was previously a barrier, now becomes the new floor. This is a key trading principle: old resistance often becomes new support. The market has established a new, higher trading range, and if the price falls back to that level, it will likely find buyers there, who now see it as a good value.
Breakdown (Breaking the Floor):
Once if price falls from that floor (Support level) which is called as Breakdown in technical language, then lower floor can be the next stop for elevator (Next Support for price), The old floor, which once provided support, now becomes a new ceiling. This is the reverse principle: old support often becomes new resistance. If the price tries to rally back up, it will likely get stuck at this old support level, as it's now seen as a good place to sell.
Structural Integrity (Volume)
Think of market Volume like a construction team. When a lot of people are involved (high volume), the structure is stronger.
Imagine a ceiling in the market. If lots of buyers (high volume) break through it, that's like a robust construction team building a new floor. It's unlikely to collapse.
On the other hand, if sellers break through a floor with high volume, that's a strong sign they're serious about the downward move.
But if the volume is low, it's like a weak construction team. Even if they break through, the move might not last. It's like a flimsy wall that could easily be reversed.
So, volume gives us a sense of whether the market's moves are strong and reliable, or weak and likely to change.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Market Manipulations. Bullish Trap (Smart Money Concepts SMC)
In the today's article, we will discuss how smart money manipulate the market with a bullish trap .
In simple words, a bullish trap is a FALSE bullish signal created by big players.
With a bullish trap, the smart money aims to:
1️⃣ Increase demand for an asset, encouraging the market participant to buy it.
2️⃣ Make sellers close their positions in a loss .
When a short position is closed, it is automatically BOUGHT by the market.
Take a look at a key horizontal resistance on AUDCHF.
Many times in the past, the market dropped from that.
For sellers, it is a perfect area to short from.
Bullish violation of the underlined zone make sellers close their position in a loss and attracts buyers.
Then the market suddenly starts falling heavily, revealing the presence of smart money.
Both the sellers and the buyers lose their money because of the manipulation.
There are 2 main reasons why the smart money manipulates the markets in a such a way:
1️⃣ - A big player is seeking to close a huge long position
When a long position is closed, it is automatically SOLD to the market.
In order to sell a huge position, smart money needs a counterpart who will buy their position.
Triggering stop losses of sellers and creating a false demand, smart money sell their position partially to the crowd.
2️⃣ - A big player wants to open a huge short position
But why the smart money can't just close their long position or open short without a manipulation?
A big sell order placed by the institutional trader, closing their long position, can have an impact on the price of the asset. If the sell order is large enough, it can push the price downward as sellers outnumber buyers. Smart money are trying to balance the supply and demand on the market, hiding their presence.
It is quite complicated for the newbies and even for experienced traders to recognize a bullish trap.
One of the efficient ways is to apply multiple time frame analysis and price action.
Remember, that most of the time bullish traps occur on key horizontal or vertical resistances.
After you see a breakout, analyze lower time frames.
Quite often, after a breakout, the market starts ranging .
After a breakout of a key daily resistance, gold started to consolidate within a narrow range on an hourly time frame.
Bearish breakout of the support of the range will indicate a strength of the sellers and a highly probable bullish trap.
Remember, that you can not spot all the traps, and occasionally you will be fooled by smart money. However, with experience, you will learn to recognize common bullish traps.
❤️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.






















