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Encounter Resistance And Reverse Direction Educational Forex Trading Insight – EUR/USD Potential Bearish Scenario This content is intended for educational purposes only and aims to help traders understand how a possible sell setup in the EUR/USD currency pair might be analyzed. It is not a signal or financial advice, but rather a breakdown of a potential market scenario based on technical observations. --- Currency Pair: EUR/USD Market Outlook: Bearish (Short Position Scenario) Suggested Sell Zone: A possible area of interest for initiating a short position lies between 1.13430 and 1.13520, where the price may encounter resistance and reverse direction. This zone could offer a favorable risk-to-reward setup for experienced traders identifying signs of bearish confirmation. Risk Management – Stop Loss: A stop-loss order should be placed based on your personal trading strategy and risk tolerance. It is generally advisable to position it above the resistance area to account for potential volatility or fake breakouts. Potential Price Targets: First Target (TP1): 1.13159 – Near-term support level Second Target (TP2): 1.12970 – Deeper retracement zone Third Target (TP3): 1.12800 – Stronger historical support Additional downside may develop if bearish momentum continues beyond these levels --- Important Notice: This analysis is for informational and educational purposes only. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Always conduct your own research (DYOR) and consider consulting a licensed financial advisor before making any trading decisions. Proper risk management and discipline are essential for long-term success in the markets.

GOLD 23/05: Will buyers counterattack?TVC:GOLD Gold price (XAU/USD) failed to defend the immediate support at 1975$ during the Asian session. The precious metal fell sharply as Federal Reserve (Fed) policymakers were confident the central bank would raise interest rates more in its fight against persistent US inflation. Gold prices are expected to plummet after breaking below the demand zone placed in the 1,955$-1,975$ range on a four-hour scale. The 20-period exponential moving average (EMA) at 1,970$ is acting as an obstacle for Gold bulls. The Relative Strength Index (RSI) (14) has slipped back into the 20.00-40.00 bearish range, which signals that bearish momentum has been activated again. BUY TVC:GOLD zone 1950-1953 Stoploss: 1945 Take Profit 1: 1958 Take Profit 2: 1963 Take Profit 3: 1970 Note : TP, SL full to be safe and win the market !

GOLD 12/5: Keep watching SELL to the price area around 2000 Gold prices remained pressured on Thursday for the second straight day despite a weaker US economy. The reason may be related to the market rushing into the US Dollar amid concerns about the expiration of the US debt ceiling and the collapse of the banking system. The news becomes even more important and negatively impacts risk appetite as the US Treasury has signaled the possibility that the Federal Government could default on its debt as soon as June 1 unless the debt ceiling is raised. Gold prices confirmed the pennant break on Thursday, indicating a bearish bias in the metal. The metal's downtrend break also justifies the upbeat signals from the Moving Averages Convergence and Divergence (MACD) indicator, as well as the steady Relative Strength Index (RSI) line, is set at 14. TVC:GOLD SELL GOLD zone 2020 - 2023 Stoploss: 2027 Take profit 1: 2015 Take profit 2: 2010 Take profit 3: 2005 BUY GOLD zone 2005 - 2000 Stoploss: 1995 Take profit 1: 2015 Take profit 2: 2030 Take profit 3: 2040

5 TRADER'S MISTAKES IN TECHNICAL ANALYSIS AND PRICE ACTION The ability to interpret candlestick patterns and patterns gives us the key to understanding price movements. Once you learn how to read charts, you can trade any instrument in any market. From a technical point of view, everything seems to be as simple as possible. Why then most traders can't get stable profits? Of course, everything can be put down to lack of experience or an inoperative trading strategy. Trading psychology also plays a big role. Many problems arise due to lack of patience and discipline. Traders often tend to overcomplicate their market analysis. I have therefore compiled a list of the five most common mistakes in technical analysis and price action: 1 MISTAKE - LEVELS ARE DRAWN BY CANDLESTICK BODIES, NOT BY THEIR SHADOWS Cutting off candlestick shadows when making key levels is one of the most common mistakes. Notice the picture to the left - how the levels on the chart cut off several candlestick highs and lows. When you cut off candlestick shadows in this manner, you limit your ability to successfully trade on trend lines. Not only will you have difficulty identifying the breakout, you will also have difficulty identifying the right entry point. Now take a look at the chart to the right - here is an example of how we were supposed to draw a channel, how perfectly the support resistance levels match the highs and lows of the candlesticks. The difference between the two charts above may not seem like much. But all the nuances lie in the details. 2 MISTAKE - TRADING ON PRICE PATTERNS WITHOUT CONFIRMATION Being able to find price action patterns is great, but the patterns themselves often mean nothing. Many traders try to trade price patterns and patterns before they have even formed, hoping to enter the market at the best price. 3 MISTAKES - TRADING ON SMALL TIMEFRAMES Most traders want to make trades and profit every day. However, professional traders know how important it is to stay out of the market and wait for the right trading opportunities. They are extremely selective in opening trades and risk their trading capital with utmost caution. Most beginners prefer lower timeframes, because then they have the opportunity to trade more often. They believe that the more trades they make, the more money they can make. But in trading more trades doesn't mean more money. When it comes to technical analysis, the big timeframes will always give better signals. In doing so, they filter out most of the market noise. In other words, they smooth out price movements. This is especially true during periods of increased volatility. 4 MISTAKE - IGNORING SUPPORT AND RESISTANCE LEVELS I am referring to key levels that have been formed by the market regardless of the pattern you are trading. By being aware of all critical levels in the path of price movement, we can make decisions to close or hold a position based on logic rather than emotion. Therefore, always mark support and resistance levels first before entering the market. 5 MISTAKES - TRADING ON BAD OR UNCLEAR PATTERNS What do I mean by bad or unclear patterns? In a nutshell, they are patterns that are not immediately apparent. If it takes you more than a couple of minutes to find a pattern on a chart, it's probably not worth trading. Even if you have only been trading for a month and haven't yet studied all of the price action patterns, you should still be able to find price patterns in minutes.