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Fibonacci

Fibonacci Retracement: The Hidden Key to Better EntriesIf you’ve ever wondered how professional traders predict where price might pull back before continuing... the secret lies in Fibonacci Retracement. In this post, you’ll learn: What Fibonacci retracement is Why it works How to use it on your charts (step-by-step) Pro tips to increase accuracy in the market 🧠 What Is Fibonacci Retracement?: Fibonacci Retracement is a technical analysis tool that helps traders identify potential support or resistance zones where price is likely to pause or reverse during a pullback. It’s based on a mathematical sequence called the Fibonacci Sequence, found everywhere in nature — from galaxies to sunflowers — and yes, even in the markets. The Fibonacci sequence is a series of numbers where each number is the sum of the two preceding ones, starting with 0 and 1. The sequence typically begins with 0, 1, 1, 2, 3, 5, 8, 13, and so on. This pattern can be expressed as a formula: F(n) = F(n-1) + F(n-2), where F(n) is the nth Fibonacci number. The key Fibonacci levels traders use are: 23.6% 38.2% 50% 61.8% 78.6% These levels represent percentages of a previous price move, and they give us reference points for where price might pull back before resuming its trend and where we can anticipate price to move before showing support or resistance to the trend you are following. 💡Breakdown of Each Fib Level: 💎 0.236 (23.6%) – Shallow Pullback What it indicates: Weak retracement, often signals strong trend momentum. Buyers/sellers are aggressively holding the trend. Best action: Aggressive entry zone for continuation traders. Look for momentum signals (break of minor structure, bullish/bearish candles). Stay out of the market until you see more confirmation. 💎 0.382 (38.2%) – First Strong Area of Interest What it indicates: Healthy pullback in a trending market. Seen as a key area for trend followers to step in. Best action: Look for entry confirmation: bullish/bearish engulfing, pin bars, Elliott Waves, or break/retest setups. Ideal for setting up trend continuation trades. Stop Loss 0.618 Level 💎 0.500 (50.0%) – Neutral Ground What it indicates: Often marks the midpoint of a significant price move. Market is undecided, can go either way. Best action: Wait for additional confirmation before entering. Combine with support/resistance or a confluence zone. Useful for re-entry on strong trends with good risk/reward. Stop Loss 1.1 Fib Levels 💎 0.618 (61.8%) – The “Golden Ratio” What it indicates: Deep pullback, often seen as the last line of defense before trend reversal. High-probability area for big players to enter or add to positions. Best action: Look for strong reversal patterns (double bottoms/tops, engulfing candles). Excellent area for entering swing trades with tight risk and high reward. Use confluence (structure zones, moving averages, psychological levels, Elliott Waves). Wait for close above or below depending on the momentum of the market. Stop Loss 1.1 Fib Level 💎 0.786 (78.6%) – Deep Correction Zone What it indicates: Very deep retracement. Often a final “trap” zone before price reverses. Risk of trend failure is higher. Best action: Only trade if there's strong reversal evidence. Use smaller position size or avoid unless other confluences are aligned. Can act as an entry for counter-trend trades in weaker markets. Stop Loss around 1.1 and 1.2 Fib Levels ⏱️Best Timeframe to Use Fibs for Day Traders and Swing Traders: Day trading: Day traders, focused on capturing short-term price movements and making quick decisions within a single day, typically utilize shorter timeframes for Fibonacci retracement analysis, such as 15-minute through hourly charts. They may also use tighter Fibonacci levels (like 23.6%, 38.2%, and 50%) to identify more frequent signals and exploit short-term fluctuations. Combining Fibonacci levels with other indicators such as moving averages, RSI, or MACD, and focusing on shorter timeframes (e.g., 5-minute or 15-minute charts) can enhance signal confirmation for day traders. However, relying on very short timeframes for Fibonacci can lead to less reliable retracement levels due to increased volatility and potential for false signals. Swing trading: Swing traders aim to capture intermediate trends, which necessitates giving trades more room to fluctuate over several days or weeks. They typically prefer utilizing broader Fibonacci levels (like 38.2%, 50%, and 61.8%) to identify significant retracement points for entering and exiting trades. Swing traders often focus on 4-hour and daily charts for their analysis, and may even consult weekly charts for a broader market perspective. 🎯 Why Does Fibonacci Work?: Fibonacci levels work because of: Mass psychology – many traders use them Natural rhythm – markets move in waves, not straight lines Institutional footprint – smart money often scales in around key retracement zones It's not magic — it's structure, and it's surprisingly reliable when used correctly. 🛠 How to Draw Fibonacci Retracement (Step-by-Step): Let’s say you want to trade XAU/USD (Gold), and price just had a strong bullish run. ✏️ Follow These Steps: Identify the swing low (start of move) Identify the swing high (end of move) Use your Fibonacci tool to draw from low to high (for a bullish move) The tool will automatically mark levels like 38.2%, 50%, 61.8%, etc. These levels act as pullback zones, and your job is to look for entry confirmation around them. 🔁 For bearish moves, draw from high to low. (I will show a bearish example later) Now let’s throw some examples and pictures into play to get a better understanding. 📈 XAU/USD BULLISH Example: 1.First we Identify the direction of the market: 2.Now we set our fibs by looking for confirmations to get possible entry point: Lets zoom in a bit: Now that we have a break of the trendline we wait for confirmation and look for confluence: Now we set our fibs from the last low to the last high: This will act as our entry point for the trade. 3. Now we can look for our stop loss and take profit levels: Stop Loss: For the stop loss I like to use the fib levels 1.1 and 1.2 when I make an entry based upon the 0.618 level. These levels to me typically indicate that the trade idea is invalid once crossed because it will usually violate the prior confirmations Take Profit: For the take profit I like to use the Fib levels 0.236, 0, -0.27, and -0.618. This is based upon your personal risk tolerance and overall analysis. You can use 0.236 and 0 level as areas to take partial profits. Re-Entry Point Using Elliott Waves as Confluence Example: This is an example of how I used Elliott Waves to enter the trade again from the prior entry point. If you don’t know what Elliott Waves are I will link my other educational post so you can read up on it and have a better understanding my explanation to follow. After seeing all of our prior confirmations I am now confident that our trend is still strongly bullish so I will mark my Waves and look for an entry point. As we can see price dipped into the 0.38-0.5 Fib level and rejected it nicely which is also in confluence with the Elliott Wave Theory for the creation of wave 5 which is the last impulse leg before correction. 🔻 In a downtrend: Same steps, but reverse the direction — draw from high to low and look to short the pullback. XAU/USD Example: As you can see the same basic principles applied for bearish movement as well. ⚠️ Pro Tips for Accuracy: ✅ Always use Fib in confluence with: Market structure (higher highs/lows or lower highs/lows) Key support/resistance zones Volume or momentum indicators Candle Patterns Elliott Waves, etc. ❌ Don’t trade Fib levels blindly — they are zones, not guarantees. 📊 Use higher timeframes for cleaner levels (4H, Daily) 💡 Final Thought Fibonacci retracement doesn’t predict the future — it reveals probability zones where price is likely to react. When combined with structure and confirmation, it becomes one of the most reliable tools for new and experienced traders alike. 🔥 Drop a comment if this helped — or if you want a Part 2 where I break down Fibonacci Extensions and how to use them for take-profit targets. 💬 Tag or share with a beginner who needs to see this!
FOREXCOM:XAUUSDEducation
by WrightWayInvestments
How "Whales" Manipulate Markets: A Trader's Guide to SucceedEvery chart tells a story of institutional footprints. For most, it's chaotic noise. But when you understand the market's true engine — the constant need of "Smart Money" to capture vast amounts of liquidity to fill their orders — that noise turns into a clear map. This guide will teach you to read that map. We will break down the main types of manipulation and show you how to use them to identify high-probability zones for potential entries. So, why exactly is liquidity the fuel for these "Smart Money" players, which for simplicity, we'll call "Whales"? It's because a Whale holds the largest volume of funds in a specific asset and, unlike retail traders like us, it cannot open its huge position at any given moment simply because there aren't enough buy or sell offers on the market. To fill its orders, the Whale constantly carries out manipulations to capture additional liquidity. This isn't about deception or anything negative—it's how the market constantly forms its movements, how whales achieve their goals by moving from one liquidity pool to another, much like whales in the ocean hunt for plankton to get vital energy for long journeys from one feeding ground to another. Why will these principles of price movement through manipulation, which worked decades ago, continue to work forever? Because human nature doesn't change over time. The crowd is always driven by greed and fear, making it easy to manipulate. Therefore, manipulation is often the motive for the birth of a future move and is a key element in market mechanics. If you understand these mechanics, you will be able to see the footprints of whales on any chart and not only minimize your chances of becoming their food but also join their next move to get your share of the profit in the boundless ocean of market opportunities. Let's take a closer look at how whales carry out their manipulations and classify their types. The Whale is constantly in hedged positions. To fill its large-sum orders without impacting the price, it uses the principles of Sell to Buy (STB) and Buy to Sell (BTS) . The STB manipulation is used to accumulate long positions. To do this, the Whale opens an opposing short position, activating stop orders and liquidations of buyers, purchasing their positions at a favorable price. It also encourages other retail participants, especially breakout traders, to open short positions. Continuing to accumulate long positions, the Whale sharply moves the price up, liquidating short participants and absorbing their positions. After the price has moved up, the Whale is left with an open losing position from its short manipulation. To close it at breakeven or a small loss, the Whale needs to return the price back to the zone of its manipulation. This return is called mitigation . In the opposite case, when the Whale needs to drive an asset's price down, it uses the BTS manipulation . To fill its short positions, the Whale opens a long position, activating stop-losses and forced liquidations of sellers, and encouraging retail breakout traders to also open long positions. Continuing to accumulate short positions, the Whale aggressively moves the price down, absorbing and liquidating the positions of impatient longs. After the downward impulse is complete, the Whale is left with an open losing long position. Just as in the first case, to close it at zero or a small loss, the Whale needs to return the price to the manipulation zone, after which another markdown of the asset occurs, and the cycle can be repeated as many times as necessary. Thus, through manipulation, the Whale achieves two goals at once: It gets the most favorable price. It eliminates most of its competitors by liquidating their positions with an opposing move. Most of the time, the price movement between manipulations is unpredictable. Entering during this movement, for example, in the middle or end of an impulse or within a range, increases the chances that you will become a victim of the next manipulation and liquidity for the Whale. However, if you wait for the price to arrive at the manipulation zone, also known as a Point of Interest (POI) , and ensure that the Whale acknowledges this area (i.e., it has stopped there and is beginning a reversal), the probability of choosing the correct direction for a trade will be on your side. To help you recognize manipulation zones, let's look at their different types. 🔹 Order Block (OB) - A down candle (sometimes 2, rarely 3 candles) before an impulsive move up (in the case of a bullish OB), or an up candle (sometimes 2, rarely 3 candles) before an impulsive move down (in the case of a bearish OB). In most cases, this short, sharp move should sweep some form of significant liquidity. An additional confirmation of an Order Block is the immediate imbalance or Fair Value Gap (FVG) that follows it, because the Whale's intensive position accumulation and the associated impulse move don't allow enough time for all market participants' orders to be filled. 🔹 Demand/Supply Zones are similar in principle to Order Blocks but differ in that they have a more prolonged action, which can consist of many up or down candles, making these zones often significantly wider than OBs. Demand Zone - The last downward move before an intensive rally. Supply Zone - The last upward move before an intensive drop. Often, an Order Block can be found inside a Demand/Supply zone. 🔹 Range - Also a manipulation zone and essentially an Order Block, but unlike an OB, this manipulation can last for a very long time when the Whale lacks sufficient liquidity from a quick manipulation and accumulates its large position by collecting internal and external liquidity through the range. Ranges, just like Order Blocks and Demand/Supply zones, are points of interest for the Whale to close its losing hedged positions and continue moving towards its goals. Conditions for Applying and Validity of Manipulation Zones An important condition for applying manipulation zones is that they can only be used once . That is, if the price has come to a zone and reacted to it, upon a second arrival, that zone is no longer valid. For convenience in marking used zones, I shorten them to the point of the first touch so as not to consider them anymore, but to understand which way the order flow is directed—a very important concept that, unlike structure, shows the true direction of the Whale's movement. Order flow is manifested by the price reacting to manipulation zones from below in an uptrend and from above in a downtrend. It is also very important to understand that it makes sense to identify and use manipulation zones as one of a trade's entry conditions only from below for an uptrend and from above for a downtrend . Any counter-trend zones formed in the path of a trend are highly likely to be broken and serve as liquidity. In ranges, manipulations formed after deviations can be used for entries from both sides. Only manipulations that were formed at the beginning of an impulsive price move can be considered valid for entry. That is, they must be the manipulations that directly triggered the start of the move; in Smart Money terminology, they are often called the "origin" . Any manipulation in the middle or end of a move will most likely serve as liquidity on the way back to mitigate the origin zone. How long does a manipulation zone remain relevant? It remains relevant until a new structural element (a higher high or a lower low) is formed , especially if the price has already come close to the manipulation zone, for example, into the FVG before the zone. This most likely means the Whale has already finished its business there and closed one of its losing hedged positions at a small loss. When the trend changes, such a zone will act as liquidity, not a POI. So, a manipulation zone will not always be mitigated; often, a reversal occurs from the FVG before it. However, entering from an FVG is much less reliable than from an Order Block, Demand/Supply zone, or Range. I personally skip such entries and wait for a new manipulation zone to form and be mitigated; they happen on the market constantly. A good bonus that further strengthens the probability of a setup working out during the mitigation of manipulation zones is a liquidity sweep upon reaching them. Consider the context and supplementary conditions. Although manipulation zones are the strongest areas for price reversals, they should always be used in conjunction with other supplementary conditions and tools, for example, with Fibonacci retracement levels or liquidity sweeps. "Context" implies any other conditions that can either confirm or contradict the likely direction of price movement. For example: in which phase of correction is the price? For a long, safe entries can only be considered from the discount zone (below the 50% Fib level); for shorts, only from the premium zone (above the 50% Fib level). Is there significant, un-swept liquidity nearby, such as previous daily, weekly, or monthly highs/lows, or an untouched Asian session high/low? What upcoming news could affect the asset and hit the stop before the setup plays out? At what time of day did the price mitigate the manipulation? Taking context into account is a crucial and integral part of analysis in the search for entry points. Due to the fractal nature of market charts, manipulations can be seen on any timeframe. On weekly and daily timeframes, manipulation zones can be used for swing trading or investment purchases. 4-hour and 1-hour timeframes will show potential entries from manipulations for intraday trading or holding positions for several days. 5-minute and 1-minute timeframes will show manipulations in the form of order flow for final entry confirmation. Whatever type of analysis you use for your trading, understanding the nature of market manipulations and practicing their recognition will allow you to be one step ahead of most market participants and open your trades with an understanding of which way institutional capital is most likely to move next. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ If you found this guide helpful, support it with a Boost! 🚀 Have a question or a "lightbulb moment" from this article? Share it in the comments! I read every single one. 💬 ► Follow me on TradingView for more educational content like this and to not miss my next detailed trade idea . ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
OANDA:XAUUSDEducation
by TheWhaleSM
66
Understanding Elliott Wave Theory with BTC/USDIntroduction to Elliott Wave Theory: Elliott Wave Theory is a popular method of technical analysis that seeks to predict the future price movement of financial markets. Developed by Ralph Nelson Elliott in the 1930s, the theory is based on the idea that market movements follow a repetitive pattern, driven by investor psychology. At the core of Elliott’s theory is the idea that markets move in a 5-wave pattern in the direction of the trend, followed by a 3-wave corrective pattern. These waves can be seen on all timeframes and help traders identify potential entry and exit points in the market. Key Concepts of Elliott Wave Theory: 1. Impulse Waves (The Trend) 2. These are the waves that move in the direction of the overall trend. They are labeled 1, 2, 3, 4, 5 and represent the price movement in the main direction of the market. * Wave 1: The initial move up (or down in a bearish market). I like to mark up the first wave how I do my Fibs, from the point where price showed a major impulse. * Wave 2: A correction of Wave 1 (it doesn’t go lower than the starting point of Wave 1). * Wave 3: The longest and most powerful wave in the trend. * Wave 4: A smaller correction in the direction of the trend. * Wave 5: The final push in the direction of the trend, which can be shorter and weaker than Wave 3. 3. Corrective Waves (The Pullbacks) 4. After the five-wave impulse, the market enters a corrective phase, moving against the trend. This corrective phase is generally a 3-wave pattern, labeled A, B, C: * Wave A: The initial correction, typically smaller than Wave 3. * Wave B: A temporary move against the correction (it often confuses traders who think the trend has resumed). * Wave C: The final move against the trend, usually the strongest and most aggressive. How to Implement Elliott Wave on BTC/USD: Let’s break down how you can apply the Elliott Wave Theory to BTC/USD using a simple example. 1. Identify the Trend 2. Start by identifying the current market trend for BTC/USD. Are we in an uptrend or downtrend? This will determine whether you’re looking for a 5-wave impulse up (bullish) or down (bearish). 3. Locate the Waves 4. Look for the five-wave structure in the trend direction. Once you identify a potential impulse move, label the waves accordingly: * Wave 1: A new uptrend starts. * Wave 2: A small pullback (usually less than the size of Wave 1). * Wave 3: A significant surge in price, often the most volatile. * Wave 4: A smaller pullback or consolidation. * Wave 5: The final push higher, which might show signs of exhaustion. 5. Corrective Phase 6. After completing the 5-wave impulse, expect a corrective 3-wave pattern (A, B, C). These corrections typically last longer than expected and can often confuse traders. * Wave A: Price starts to reverse. * Wave B: A retracement that may confuse traders into thinking the trend is resuming. * Wave C: A strong pullback that brings the price even lower. 7. Use Fibonacci Levels as confluence 8. One of the most powerful tools in Elliott Wave analysis is Fibonacci retracement levels. You can use these to predict potential levels where Wave 2 and Wave 4 could end, or where Wave C might complete the correction. Common retracement levels are 38.2%-50% for Wave 4, and 50-61.8% For Waves 2 and B but keep in mind, these wave can retrace up to 100% before the wave analysis becomes invalid. But ideally these points are where you look to make an entry. Wave 2 Example: This one hit the golden spot (0.5-0.618) perfectly and continued to push upward. Wave B and C Example: This example hit closer to the 0.786 level which is also a key level for retracement. Wave 4 Example: This one hit the golden spot (0.382-0.5) for Wave 4 perfectly before continue the bullish momentum. I try to use the RED levels below (1.1 and 1.2) as my invalidation (Stop Loss) levels and the GREEN levels (-0.27 and -0.618) as my Take Profit levels. Depending on your goals you can also use Fib Levels 0.236 and 0 as partial Take Profit levels. 9. Confirm with Indicators 10. To validate your Elliott Wave counts, use other indicators like the RSI (Relative Strength Index), MACD, or Moving Averages. For example, a Wave 3 might occur when the RSI is above 50, indicating strength in the trend. In this example you can see the RSI cross the 50 threshold and the 3rd Wave form. Continuation after the Wave is complete: Tips for Trading with Elliott Wave Theory: * Stay Flexible: Elliott Wave Theory is not set in stone. If the market doesn’t follow the expected pattern, adjust your wave counts accordingly. * Don’t Rely on One Timeframe: A 5-wave structure on one timeframe may be part of a larger wave pattern on a higher timeframe. Always analyze multiple timeframes. * Wave Personality: Waves don’t always look the same as stated earlier. Wave 2 can retrace up to 100% of Wave 1 and Wave 4 should generally not overlap Wave 1 or this may invalidate the Wave structure. * Risk Management: Always use proper risk management techniques. No theory is perfect, so make sure you have a stop-loss in place to manage your risk. Conclusion: Using Elliott Wave Theory on BTC/USD: The Elliott Wave Theory can be a powerful tool for analyzing and forecasting price movements. By identifying the 5-wave impulse and 3-wave corrective patterns, you can gain insights into potential market direction. Just remember to use it alongside other tools and indicators for confirmation, and don’t forget to manage your risk. As you apply it to BTC/USD or any other asset, remember that the market doesn’t always follow the "ideal" patterns, and flexibility is key. Practice on different timeframes, refine your skills, and use the theory as a part of your overall trading strategy. Final Thoughts: If you're just starting, don't get discouraged if you miss a wave or two. Trading is a journey, and with patience and practice, you'll begin to spot these patterns more naturally. Whether you’re analyzing Bitcoin's price action or any other asset, Elliott Wave Theory can give you a deeper understanding of market psychology. Good Luck and Happy Trading!
COINBASE:BTCUSDEducation
by WrightWayInvestments
43
A Step-by-step Guide to One of the Chart Analysis MethodHello Friends, Welcome to RK_Chaarts, Today we're going to learn step-by-step guide to one of the chart analysis Method by analyzing a chart of " Varun Beverages Ltd. (VBL) " to identify a trend change opportunity.(Educational Post). Let's get started! Applying Elliott Wave Theory First, we can see that the bottom formed in March 2025 is likely a Wave ((4)) in Black as a bottom, marked as such on the chart. From there, Wave 5 should move upwards. Looking at the daily timeframe, we can see that price gone up in five sub-divisions of Wave (1) in Blue of Wave ((5)) in Black have completed, marked as Red 1-2-3-4-5, that means blue intermediate Wave (1) has ended, and Wave (2) has begun, which is unfolded in corrective nature marked as WXY in Red of Wave (2) in Blue. According to the wave principle, Wave (2) should not retrace more than 100% of Wave (1), which started from the 419.65 bottom. Therefore, 419.65 becomes our invalidation level. If the price moves below this level, it would invalidate our Wave (2) principle. Assuming our wave counts are correct, the upward movement is in the five sub-divisions, and the downward movement is in the three sub-divisions. Definitely, the conviction is increasing that we have correctly identified Waves (1) and (2). Shown in chart image below Tweezers at Bottom Now, we can see that Wave 2 has retraced more than 70% and has formed a Tweezer candlestick pattern at the bottom. A bearish candle was followed by a bullish candle, both with a Tweezer-like shape, with the second candle being green. This could indicate a potential reversal. Moreover, the latest candle has also taken out the high of the previous two candles, showing follow-through. The price has also shown follow-through on the upside after that. So, this can be considered as the first sign that Wave 2 might be ending, marked by a significant Tweezer pattern at the bottom with a follow-through candle. Shown in chart image below Significant Breakout Pending Yet Secondly, from the top where Wave 1 ended, we've been considering the decline from around 560.50 as a resistance. We drew a resistance trend line, and if the price breaks out above it, we can say that the resistance trend line has been broken, indicating a breakout above the last fall's trend line, Which is not Broken yet. Shown in chart image below Dow Theory The Dow Theory states that when the price moves up, it forms a Higher High, Higher Low pattern, and when it moves down, it forms a Lower High, Lower Low pattern. Somehow, the Dow Theory also needs to change, as the last swing was forming a Lower High, Lower Low pattern. The last swing high was at 479, which we marked with a green arrow. If the price crosses above it, we can say that the price is now forming a Higher High pattern. This indicates that the Dow Theory is changing from a falling trend to a rising trend. Shown in chart image below Stop Loss Once the Dow Theory also changes, we can use the last swing low at 446.15 as our stop loss. However, this stop loss will only be valid after the Dow Theory changes; otherwise, the invalidation level will remain at 419. Shown in chart image below Projected Target of Wave (3) So, friends, we've applied the Elliott Wave principle, and there's been a significant retracement, all within the valid range, without violating any rules or triggering invalidation. There's limited room left on the downside, and then we have the Tweezer candlestick pattern, which is a significant sign. We're expecting a reversal from there, and the price has followed up with an upward move. What's left now is the breakout above the resistance trend line and a change in the Dow Theory. Once these two conditions are confirmed, all parameters will match, and we can add a position to our portfolio using the last swing low as our stop loss, instead of the invalidation level. This is how chart analysis is done for investment purposes. We've seen many signs in our favor, and yet we still use a stop loss to prevent significant losses in case the stock or market moves unexpectedly. This is what stop loss is all about - minimizing potential losses. We've also discussed the target projection based on Wave theory, 161.8% level, which we explained through an image. So, friends, I hope you've understood the entire conclusion and learned how to analyze charts using different methods, one of which we shared with you today. 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.
NSE:VBLEducation
by RK_Chaarts
27
How to Draw Support & Resistance In TradingViewLearn how to effectively identify, draw, and utilize support and resistance levels in TradingView with this comprehensive step-by-step tutorial. Whether you're a beginner trader or looking to refine your technical analysis skills, this video covers everything you need to know about one of the most fundamental concepts in trading. What You'll Learn: Understanding support and resistance: the foundation of technical analysis and price action trading Step-by-step instructions for drawing horizontal support and resistance lines in TradingView Creating support and resistance zones for more flexible trading approaches Practical tips for using TradingView's drawing tools effectively This tutorial may be helpful for day traders, swing traders, and investors using TradingView who want to improve their chart analysis skills. The techniques covered could help you make more informed entry and exit decisions by understanding where price might find support or encounter resistance. Visit Optimus Futures to learn more about trading futures 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 objectives.
CME_MINI:ES1!Education
by OptimusFutures
1
Strategy & Education: Trading with Fibonacci and Order Blocks🔍 Trading Strategy Based on Fibonacci Levels and Order Blocks This chart showcases three consecutive sell trades I executed on the BTCUSDT pair, each resulting in a profitable outcome. The purpose of this explanation is to demonstrate how Fibonacci retracement levels can be combined with Order Block zones to identify high-probability trade setups. 🧩 The Foundation: Understanding Price Retracement Behavior The ABC, abc, and (a)(b)(c) structures marked on the chart are not Elliott Waves. Instead, these labels are used to represent simple retracement movements in the market. The focus here is not wave theory, but recognizing how price reacts and pulls back after a move, and how we can benefit from these reactions. 📌 Trade 1: Primary Fibo-OB Confluence I drew a Fibonacci retracement from the A wave to the B wave. The price then retraced to the C area, landing between the 0.618 and 0.786 Fibonacci levels, where an Order Block (OB) was also present. This overlap created a strong technical and structural resistance zone. I entered the first sell trade from this confluence. 📌 Trade 2: Internal Retracement and OB Alignment Inside the first corrective move, a smaller abc pattern formed. I applied Fibonacci again from small a to small b. The c leg reached the same key Fibonacci zone (0.618–0.786) and overlapped with a second OB. This confluence offered a second sell entry. 📌 Trade 3: Micro Structure – Same Logic Reapplied I repeated the exact same logic one more time on a micro (a)(b)(c) structure. Fibonacci from (a) to (b), price touched 0.618–0.786, coinciding again with an OB. This became the third and final sell position. 🧠 The Logic Behind the Strategy: Price doesn’t move in straight lines—it flows in waves. During pullbacks, if Fibonacci levels align with Order Block zones, the market tends to react strongly. My focus here was to identify these areas of confluence in advance and enter trades at high-probability turning points.
Education
by Nurlan_PT
1
Using The Zig-Zag Indicator To Gain Clarity On Your Price ChartIn my experience, learning how to read a price chart, specifically understanding the ebbs and flows of a trend, is the biggest hurdle that newer traders face. At least on the technical side of things. Something that helped me shorten that learning curve at the beginning of my trading career was the "Zig-Zag" indicator. Now, I didn't use it as part of a strategy or anything like that. Rather, it was a tool that helped train my eyes to read extensions and retracements in the markets both at a beginner and advanced level. If you're someone that is struggling, hopefully it can do the same for you. Please remember to support by hitting that like button and if you thought this video was helpful please share so other traders can benefit as well. Akil
Education
by Akil_Stokes
4
Best Practice: Prepare, Assess, Plan Then TradeTraders are often eager to jump straight into the next trading session but this may not always be the best option to chose. It can be more beneficial to follow a regular pre-trading routine to note down important scheduled events, establish current trends, as well as meaningful support and resistance price levels, and importantly this doesn’t have to be time consuming. This is not meant to be that trading ‘holy grail’ but more of an addition to your existing trading process or plan. Having a regular routine to establish important levels, indicator set-ups and price trends to be aware of during your trading day may help you make trading decisions in a more effective way. This pre trading routine can also be helpful for traders that take longer term positions, as it’s still important to consider the longer-term weekly perspectives as well. This routine can be carried out at the weekend and then monitored and, where necessary, modified during the week as price action develops for the particular CFD(s) you are trading. 1. Keep Informed of Important Data Releases If there are several CFD’s you regularly trade and tend to stick with, make sure you have as much information about those assets as possible before you start trading. Consider utilising the Pepperstone trading calendar to help keep you informed of any economic releases/company earnings data that might impact the CFD you are trading before the week/session starts. Once you know the scheduled events ahead, you can ask yourself, Could these impact my trading? Could the market reaction to this new information increase the volatility of the CFD I am about to trade or already have a position in? How may this impact my risk? Knowing what it is expected by the market before a particular important economic data release, such as US Non-farm Payrolls, can help you assess positioning going into the release, gauge market reaction to the data, and then be prepared for any potential price sentiment change and/or increased volatility. 2. Be Aware of Potential Support and Resistance Levels Ahead of your trading day, consider running through the Pepperstone charts of the CFD’s you are considering trading and make a note of 3 support and resistance levels, that you identify as being meaningful. To help you we have set out an example Trading Template below. Daily: Level: Reason: Current Trend: Current Thoughts: Support 1st: 2nd: 3rd Resistance 1st 2nd 3rd Keep this next to your trading screen, so you are aware of particular levels that may act as support and resistance, if prices move in that direction. This can help you to improve trade entry or assist you with the placement of a stop loss or take profit order. If these levels are broken at any time, you can update the template with any new support/resistance levels during the trading period. 3. Be Aware of the Daily Trends – Focus on Bollinger Bands Using the direction of the daily Bollinger mid-average can be helpful to gauge the direction of the daily trend. If the, Mid-average is moving up = price uptrend Mid-average is moving down = price downtrend Mid-average is flat = possible price sideways range The daily and weekly perspectives are the most important to be aware of, so it can be beneficial to analyse the charts from the longest timeframe into the shortest as this allows you to build a better understanding of the dominant trends. You can also note these trends on the Trading Template, so it’s available to you when you are trading. 4. Follow the Same Process for All Other Timeframes - 4 Hour, 1 Hour, Even Shorter if it Suits Your Trading. You can carry out the routine outlined in point 3, for any timeframes you are trading. Things to note, Are there any new trends suggested within a shorter term perspective by the Bollinger mid-average? If the direction of a shorter term mid-average has changed, it may be an indication of either a change or resumption of a longer term price trend. If this trend change also looks to be resuming within the longer term perspectives, this could be a more important signal, as the resumption of an existing longer term trend may mean a more extended move in that direction. Be aware, confirmation of a price trend change within a longer term perspective might mean it could take longer and offer less trading opportunities, as initially price moves may be less aggressive in nature. 5. Where, Within the Various Timeframes is Price in Relation to the Bollinger Bands? As we have highlighted in a previous commentary (please take a look our past posts), Bollinger Bands can highlight increasing price volatility within a trend. Things to note regarding Bollinger Bands, Are the upper or lower bands being touched by prices within any of the timeframes? Within a sideways range (flat mid-average) this might suggest price has reached either a support or resistance level, with potential for a reversal. While being touched, are the upper and lower bands starting to widen which indicates increasing price volatility, or contract, which indicates decreasing price volatility? Remember - widening bands within a confirmed trend highlight increasing volatility, suggesting the current price move might continue for longer than you may anticipate, while contracting bands, point to decreasing volatility, which may lead to a reduction in a particular CFDs price movement. Do the timeframes align? If they do it may suggest a stronger trading opportunity is evident. CFDs within trending markets seeing increasing volatility tend to offer greater potential than those that aren’t. In this scenario it maybe worthwhile considering only trading with the trend, not trying to pick bottoms or tops of markets, or if you do, consider a more cautious approach to your trading by reducing the size of your position and risk. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
Education
by Pepperstone
9
How to Use Drawing Tools on TradingViewThis tutorial video discusses why and how traders use different types of trading tools, how to access the trading tools in Tradingview, and a few examples of how and why you might apply them. Learn more about using Tradingview to trade futures with Optimus Futures: 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.
CME_MINI:ES1!Education
by OptimusFutures
Fibonacci Extensions: Mapping Market Psychology Beyond the TrendHello, traders! 💫 Fibonacci numbers have traveled far from ancient Italian math to modern trading charts. In technical analysis, Fibonacci Extensions aren’t just mystical ratios; they’re a structured way to project potential price targets based on crowd psychology and trend continuation. But what are they really, and why do so many traders draw those lines with near-religious fervor? 🧠 A Quick Historical Detour Leonardo Fibonacci introduced the sequence to the West in the 13th century based on patterns he observed in Indian mathematics. The key idea is that each number in the sequence is the sum of the two before it: 1, 1, 2, 3, 5, 8, 13, 21... When you divide specific numbers in the sequence, you get ratios that repeat throughout nature — and, intriguingly, financial markets. These include: 0.618 (the “golden ratio”) 1.618 2.618, and so on. While Fibonacci Retracements look backward to gauge potential pullbacks, Fibonacci Extensions look forward to mapping possible continuation levels after a price move. 📊 Fibonacci Extensions To use Fibonacci Extensions, you need three points: The Start of a Trend (Point A) The End of the Trend or Impulse Move (Point B) A Retracement Low/High Where Price Bounces or Consolidates (Point C) This ABC move applies Fibonacci ratios to project levels beyond point B, helping traders visualize where the price might go if the trend continues. Common Extension Levels Include: 1.272 1.618 (golden ratio) 2.0 2.618 Each level acts as a kind of psychological milestone — not a guarantee, but a place where market participants may take profits, reassess, or react. 🔎 Let’s Take a Real Example: BTC/USDT Weekly It's not that Fibonacci numbers have magical power. The theory is based on self-fulfilling behavior. When enough traders watch the same levels — and act on them — they can influence real outcomes. The chart illustrates how Fibonacci retracement levels can be used to understand the depth and structure of a correction during a bullish cycle. Low (~$4,783) in March 2020 (COVID-19 Сrash) to the High (~$65,834) in November 2021 (Bull Market Peak) From there, the price corrected throughout 2022–2023. Let’s look at what happened at each level — and what it tells us on the graph. 🔍 Why This Matters Your retracement levels aren’t just lines — they mapped the psychology of the market: Investors Testing Conviction at 0.5 Panic at 0.618 Capitulation Near 0.786 — but Without Full Breakdown And Finally: A Rebound in 2023, Leading to New Highs in 2025 This kind of structure is textbook Fibonacci behavior — and is part of why retracement levels remain a core part of institutional technical analysis. ⚖️ Final Thought Fibonacci Extensions are not about telling you where the price will go — they’re about framing where the price might go if the current trend keeps moving. It’s a lens through which to read market psychology, momentum, and expectation. Combined with volume, structure, and broader trend context, they potentially help analysts build a more nuanced market narrative. And maybe Leonardo Fibonacci would have appreciated that his 800-year-old math is still trying to decode modern human emotion, just on candlestick charts.
Education
by WhiteBIT
Weekly analysis confirmation and continuation!!!Top-Down Analysis of the Image. 1. Macro Context: Asset Classes & Instruments - USD & XAUUSD. The image focuses on two key financial instruments: - USD.l Likely tracking the US Dollar Index (DXY) or a USD-paired asset. - XAUUSD**: Gold priced in USD, a critical safe-haven commodity. - Bearish Sentiment**: Both sections show descending price levels, indicating a broader market expectation of dollar strengthening and gold depreciation. --- 2. USD Section: Price Structure & Anomalies* - Key Levels**: - Starts at 3,500.000 (potential resistance) and trends downward to 3,375.845*l (support). - Notable mid-level dip at 3,462.199 , possibly a liquidation zone or failed breakout at 33:46 - Hypothesis : Time notation (e.g., 33 minutes and 46 seconds) for a specific trading session or chart timeframe. - Hypothesis 2. Ratio (e.g., 33:46) for risk-reward or position sizing. --- 3. XAUUSD Section: Gold’s Downward Trajectory - **Declining Values**: From **3,324.476** to **3,238.854**, reflecting a **bearish technical breakdown**. - **Purpose**: Likely marks **resistance levels** or **liquidation clusters** where sellers dominate. --- #### **4. Gold-Short/Un-Subtotal: Strategic Short-Selling Plan** - **Uniform Decrements**: Values decrease by **40.000** increments (e.g., 3,160 → 3,120 → 3,080). - **Interpretation**: Predefined **profit-taking levels** or **trailing stop-loss zones** for a short position. - **Risk Management**: Structured steps suggest a disciplined exit strategy to lock in gains or mitigate losses. --- #### **5. Final Line: "May 4 7 9"** - **Possible Meanings**: - **Dates**: May 4, 7, and 9 could mark: - Economic events (e.g., Fed meetings, NFP data). - Expiry dates for options/futures contracts. - Planned trade execution days. - **Code**: Numeric shorthand for order IDs, time intervals (e.g., 04:07:09), or technical indicators. --- ### **Key Takeaways** 1. **Strategic Trade Setup**: The image outlines a **short-selling strategy for gold (XAUUSD)** with explicit price targets and risk parameters. 2. **Technical Focus**: Emphasis on descending levels highlights reliance on **technical analysis** (e.g., trendlines, Fibonacci retracements). 3. **Date-Driven Execution**: "May 4 7 9" suggests alignment with external catalysts or time-bound trade management. 4. **Risk Control**: Uniform decrements in the Gold-Short section reflect systematic profit-taking, reducing exposure to volatility. --- ### **Recommendations for Further Analysis** - Cross-reference the dates (May 4, 7, 9) with economic calendars to identify relevant events. - Validate the "33:46" notation against historical price action or trading session hours. - Assess whether the USD levels correlate with DXY or a specific USD pair (e.g., EURUSD). This structured approach aligns with a trader’s playbook, combining technical levels, time-based triggers, and disciplined risk management.
OANDA:XAUUSDEducation
by S_O_C_H_I_M_A
The Golden Code: Unlocking the Markets with Fibonacci Sequence “Mathematics is the language in which God has written the universe.” – Galileo Galilei If this is true, then the Fibonacci sequence is the poetry of that language, especially in trading. 📚 What is Fibonacci? Why Should Traders Care? Fibonacci is more than just a sequence of numbers — it’s a universal law of growth and proportion. From galaxies to sunflowers, and now to the charts on your TradingView screen, Fibonacci is everywhere. In trading, Fibonacci retracement levels are used to identify potential reversal zones, where price is likely to bounce or stall, making it one of the most powerful tools in a trader’s arsenal. But few truly understand its depth, and fewer still use it intelligently. Let’s dive into the power of the Fibonacci sequence, how it influences retracements, and how you can use it to your trading advantage, whether you’re a scalper, swing trader, or position trader. 🧠 The Fibonacci Sequence: Where It All Begins The Fibonacci sequence is a series of numbers where each number is the sum of the two preceding ones: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, ... Some Math somebody? Take your seats and calculators away! 😂😂 📉 Fibonacci Retracement Levels & How They're Calculated These levels are percentages based on relationships between Fibonacci numbers. ✅ 0.236 (23.6%) Divide a number by the one three places ahead: Example: 13 ÷ 55 = 0.236 Another: 21 ÷ 89 = 0.236 ✅ 0.382 (38.2%) Divide a number by the one two places ahead: Example: 21 ÷ 55 = 0.382 Another: 34 ÷ 89 = 0.382 ✅ 0.500 (50.0%) Not directly from Fibonacci, but commonly used due to psychological midpoint in markets. ✅ 0.618 (61.8%) – The Golden Ratio Divide a number by the next number: Example: 34 ÷ 55 = 0.618 Another: 55 ÷ 89 = 0.618 This is the famous Golden Ratio, which appears in nature, art, and financial markets. ✅ 0.786 (78.6%) Derived from the square root of 0.618: √0.618 = 0.786 📈 Fibonacci Extension Levels & How They're Calculated Extensions project price targets beyond the retracement. ✅ 1.000 (100%) A full projection of the original move. ✅ 1.272 (127.2%) Square root of 1.618: √1.618 = 1.272 ✅ 1.618 (161.8%) – The Golden Extension Divide a number by the previous one: Example: 55 ÷ 34 = 1.618 Another: 89 ÷ 55 = 1.618 ✅ 2.000 (200%) A full double of the original move. ✅ 2.618 (261.8%) 1.618 + 1.000 = 2.618 This creates ratios that are found in nature, architecture, music, and, yes, price movements. 🔍 Fibonacci Retracement: Mapping Pullbacks with Precision When price moves impulsively in one direction, it often retraces a portion of that move before continuing in the same direction. Fibonacci retracement is used to map this pullback. Here’s how traders use it: Identify a clear impulsive move (either bullish or bearish). Plot the Fibonacci retracement tool from swing low to swing high (for bullish moves), or from swing high to swing low (for bearish moves). Watch how price reacts around key levels: 38.2% = Shallow pullback 50% = Midpoint (psychological) 61.8% = Golden Zone 78.6% = Deep retracement (but still valid) 🔥 Pro Tip: Most institutional traders love the 61.8% retracement, often placing hidden liquidity and traps around that area. 🔄 Fibonacci Extensions: Predicting Take-Profit Zones Once price retraces and continues its trend, Fibonacci extensions help identify possible target zones: Common extension levels: 1.272 1.618 → Golden Target 2.000 2.618 For example: After a bullish retracement to 61.8%, price often rallies to 1.272 or 1.618 extensions, making these ideal profit-taking zones. 🔄 Real-Life Market Behavior: Fibonacci in Price Action Let’s take a real example: 🟨 Example: XAU/USD Bearish Retracement Impulsive rally from $2,832.99 to $2,930.77. Price pulls back to $2,880 – exactly at the 50% Fibonacci retracement. Followed by a strong continuation to the upside. Price reach for the 127.20% and beyond to 161.80% Fibonacci extension of the original rally before pausing for some times — textbook Fibonacci behavior. 💡 This isn’t magic. It’s structure, order, and smart money playing on the same field. 🧬 Fibonacci + Confluence = Confirmation Fibonacci works best when combined with other tools: Support/Resistance Order Blocks Imbalances Trendlines Candlestick Patterns ✅ A 61.8% retracement + bullish order block + bullish engulfing = a high-probability long setup. ✅ A 78.6% retracement + unfilled imbalance = possible stop-hunt trap or liquidity grab. 🧠 Fibonacci Psychology: Why It Works Fibonacci works because it reflects natural human behavior: Fear and greed create overextensions and pullbacks. Traders place stops and entries near these key ratios, causing self-fulfilling reactions. Algorithms and institutional models often base trade entries on Fibonacci confluences. 💥 Common Mistakes Traders Make ❌ Using Fibonacci on every small swing – noise, not signal ❌ Forcing the retracement tool to “fit” your bias ❌ Ignoring higher time frame structure ❌ Using Fibonacci alone without confluence Remember: Fibonacci is a guide, not a guarantee. 📈 How to Trade with Fibonacci (Step-by-Step) First, identify market structure (trending or ranging). Second, mark swing high and swing low. Third, plot retracement tool accordingly. Fourth, look for confluence zones: 38.2%, 50%, 61.8%... Price action signals (e.g., pin bars, engulfing) Institutional concepts (order blocks, imbalances) Enter with confirmation, not just based on levels. Set stop loss below/above structure or 78.6% line. Target extension levels or previous high/low. 🌀 Fibonacci in Different Trading Styles Scalpers Use Fibonacci on 1min–5min timeframes to catch micro pullbacks and entries. Swing Traders Use Fib retracements from daily or 4H structure to plot entries and targets. Position Traders Use weekly/monthly Fibonacci zones for macro views and long-term targets. 🧠 Final Thoughts: Fibonacci Is Structure, Not Sorcery The Fibonacci sequence is a map of order in a chaotic world. In trading, it helps bring discipline, clarity, and precision. It’s not about being right every time, it’s about stacking probabilities in your favor. 🧭 Ready to Master Fibonacci? If you’ve read this far, drop your thoughts in the comments and share your favorite Fibonacci setup! Let’s build a community of traders who use mathematics and structure, not hope and guesswork. Follow for more educational breakdowns, trading insights, and strategy walkthroughs — posted weekly.
CAPITALCOM:GOLDEducation
by AmaWina
2
What If Trump’s Tariffs Are Actually Bullish for SPX ?Hello Traders 🐺 In this idea, I want to take a closer look at SPX and break down why the new U.S. tariffs and Trump’s economic policies could either boost or damage the U.S. economy in the coming months. So make sure to stay with me until the very end. 🔍 Let’s start with the chart: As you can see, SPX is currently holding above a weekly support level, marked by the orange ascending trendline. So far, so good. However, we’re also seeing a massive bearish divergence on the RSI — and in my opinion, this was one of the key reasons behind the recent Black Monday-style selloff. ⚠️ But here’s the deal: If SPX breaks below this orange trendline, the next strong support is around 3375 — aligned with the 0.5 Fibonacci level and the monthly blue trendline inside our green support zone. 🤔 Should we be bearish on SPX and the U.S. economy? That’s the big question… and it’s tricky to answer right now. Let’s break it down. 🔧 1. Tariffs and Trump: What’s really going on? We’re currently in a pause phase of the ongoing tariff war — with countries negotiating to avoid escalation. But here’s the catch: markets hate uncertainty, and that’s why we saw panic selling recently. Still, most people miss the bigger picture here. The U.S. has long been a consumer-driven economy, importing heavily from other nations. Meanwhile, U.S. producers have struggled to compete — both domestically and internationally — due to low tariffs at home and high tariffs abroad. So what do Trump’s new tariffs do? ✅ They level the playing field for U.S. companies at home ✅ They push other countries to lower their tariffs through negotiation ✅ They reduce dependency on foreign imports and support domestic production In short, if combined with smart monetary policy, these moves could actually help revive U.S. manufacturing and strengthen the economy in the mid-to-long term. 📉 Final thoughts on SPX: I personally don’t believe the bearish breakdown is coming — but as a trader, I focus on reality, not preference. Right now, we’re still holding above major support, and unless that breaks, the bullish scenario remains in play. Let me know what you think about this macro setup in the comments. And as always remember: 🐺 Discipline is rarely enjoyable, but almost always profitable 🐺 🐺 KIU_COIN 🐺
SP:SPXEducation
by Kiu_Coin
1
EUR/USD- Elliott Wave + Smart Money Concepts (SMC)SMC Insight Supply Zone Marked: Between 1.1500 – 1.2000. Price is heading toward the supply zone. On the right visual, schematic shows: Liquidity build-up below equal highs. Possible liquidity grab just above the supply zone. Expect reaction or reversal around that supply. --- Trade Bias Short-term: Bullish (momentum and structure are up). Long-term: Watch for reaction at the 1.1500–1.2000 zone. This could be a major sell zone if price shows rejection/mitigation signs
Education
by Greenfireforex
Why you should WAIT for trades to come to YOU!In this video, we dive deep into one of the most underrated but powerful habits that separates consistently profitable traders from the rest: waiting for the trade to come to you. It sounds simple, even obvious. But in reality, most traders—especially newer ones—feel the constant urge to do something. They scan for setups all day, jump in at the first sign of movement, and confuse activity with progress. That mindset usually leads to emotional trading, overtrading, and eventually burnout. If you've ever felt the pressure to chase price, force trades, or trade just because you're bored… this video is for you. I’ll walk you through: 1. Why chasing trades destroys your edge—even when the setup “kind of” looks right 2. How waiting allows you to trade from a position of strength, not desperation 3. The psychological shift that happens when you stop trading to feel busy and start trading to feel precise 4. How the pros use waiting as a weapon, not a weakness The truth is, trading is a game of probabilities and precision. And that means you don’t need 10 trades a day—you need a few good ones a week that truly align with your plan. Patience doesn’t mean doing nothing, it means doing the right thing at the right time. And when you develop the skill to sit back, trust your process, and wait for price to come to your level… everything changes. Your confidence grows. Your equity curve smooths out. And most importantly, your decision-making gets sharper. So if you're tired of overtrading, feeling frustrated, or constantly second-guessing your entries—take a breath, slow it down, and start thinking like a sniper instead of a machine gun. Let the market come to you. That’s where the real edge is.
Education
by Road_2_Funded
7
Mastering Fibonacci Retracements & Extensions on TradingView!1. Introduction to Fibonacci in Trading Fibonacci levels are widely used in trading to identify potential reversal zones, support, and resistance levels. These levels are derived from the Fibonacci sequence, a mathematical pattern found in nature and financial markets. Traders rely on Fibonacci retracements to find potential entry points and Fibonacci extensions to determine profit targets. The most critical area of interest is the golden pocket zone, which ranges between 0.618 and 0.65. Price often reacts strongly in this zone, either reversing or continuing its trend, making it a key level for traders to watch. 2. Key Fibonacci Levels for Trading Several Fibonacci levels are commonly used in trading. The 0.5 level, although not an actual Fibonacci number, is often observed as a psychological retracement level. The golden pocket zone, which consists of the 0.618 and 0.65 levels, is considered the most important for potential reversals. The 0.786 level represents a deeper retracement and is frequently used by traders for more precise entries before a strong price move. On the other hand, Fibonacci extensions, such as -0.618 and -1.618, are used to project potential price targets. These levels serve as reference points for identifying support and resistance, allowing traders to make more informed trading decisions. 3. How to Draw Fibonacci Retracements on TradingView To effectively use Fibonacci retracements, traders must first identify a swing high and a swing low on the chart. This process starts by recognizing a strong uptrend or downtrend. Once identified, the Fibonacci tool in TradingView can be used to plot retracement levels. By selecting the swing low and dragging it to the swing high in a bullish setup, or vice versa in a bearish setup, traders can visualize the key Fibonacci levels. It is essential to adjust the settings to only display 0.5, 0.618, 0.65, 0.786, -0.618, and -1.618 for better clarity. This method provides a structured approach to analyzing potential price reactions and planning trades with greater accuracy. 4. Trading Strategies Using Fibonacci Levels A. The Golden Pocket Entry Strategy (0.618–0.65) One of the most reliable trading strategies involving Fibonacci retracements is based on the golden pocket zone. When price retraces to the 0.618–0.65 area, traders look for confirmation signals before entering a trade. These confirmations may include bullish or bearish candlestick patterns, such as engulfing candles, pin bars, or hammer formations. Additionally, traders may use momentum indicators like RSI or MACD to identify divergences, which suggest a potential trend reversal. A spike in volume at these levels can further validate the trade setup. A typical strategy involves entering a trade within the golden pocket, setting a stop-loss slightly below the 0.786 level for risk management, and targeting Fibonacci extensions for profit-taking. B. Fibonacci Extensions (-0.618 & -1.618) for Profit Targets Fibonacci extensions serve as valuable tools for setting take-profit levels in trending markets. Once price confirms a reversal from a retracement level, traders use extensions to project future price movements. The -0.618 extension is often considered a conservative target, providing an early profit-taking opportunity. Meanwhile, the -1.618 extension is a more aggressive target, generally used in strong trends where price momentum is high. By integrating Fibonacci extensions into their strategy, traders can optimize their exits, ensuring they capture the full potential of a move while minimizing premature exits. 5. Common Mistakes & How to Avoid Them Despite its effectiveness, Fibonacci analysis requires proper execution. One common mistake traders make is drawing Fibonacci levels incorrectly by selecting the wrong swing points. Accuracy in identifying the correct high and low points is crucial for reliable retracement levels. Another mistake is over-reliance on Fibonacci without additional confirmations. Traders should always seek confluence with other technical indicators, such as support and resistance levels, moving averages, or volume analysis. Additionally, failing to wait for confirmation signals can lead to premature entries, increasing the risk of losses. Understanding these pitfalls and applying Fibonacci with proper validation techniques can significantly improve trading outcomes. 6. Pro Tips for Using Fibonacci Like a Pro For best results, traders should use Fibonacci analysis on higher timeframes, such as the 1-hour, 4-hour, or daily charts, as these provide more reliable signals compared to lower timeframes. Confluence plays a crucial role in validating Fibonacci levels, so traders should always look for overlapping support and resistance, trendlines, or moving averages. Additionally, backtesting Fibonacci strategies using TradingView’s replay mode can help traders refine their approach and gain confidence in their setups before applying them in live trading. By combining Fibonacci with other technical tools and maintaining discipline in execution, traders can enhance their decision-making process and improve their overall trading success. Final Thoughts Mastering Fibonacci retracements and extensions can significantly improve trade accuracy. By focusing on the golden pocket zone (0.618–0.65) and using Fibonacci extensions like -0.618 and -1.618 as profit targets, traders can refine their strategies and maximize profitability. Understanding how price interacts with these levels and applying additional confirmations ensures more precise trade entries and exits. With practice and proper analysis, Fibonacci can become a powerful tool in any trader’s arsenal. __________________________________________ Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀 Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈
Education
by TehThomas
42
Behind the Buy&Sell Strategy: What It Is and How It WorksWhat is a Buy&Sell Strategy? A Buy&Sell trading strategy involves buying and selling financial instruments with the goal of profiting from short- or medium-term price fluctuations. Traders who adopt this strategy typically take long positions, aiming for upward profit opportunities. This strategy involves opening only one trade at a time, unlike more complex strategies that may use multiple orders, hedging, or simultaneous long and short positions. Its management is simple, making it suitable for less experienced traders or those who prefer a more controlled approach. Typical Structure of a Buy&Sell Strategy A Buy&Sell strategy consists of two key elements: 1) Entry Condition Entry conditions can be single or multiple, involving the use of one or more technical indicators such as RSI, SMA, EMA, Stochastic, Supertrend, etc. Classic examples include: Moving average crossover Resistance breakout Entry on RSI oversold conditions Bullish MACD crossover Retracement to the 50% or 61.8% Fibonacci levels Candlestick pattern signals 2) Exit Condition The most common exit management methods for a long trade in a Buy&Sell strategy fall into three categories: Take Profit & Stop Loss Exit based on opposite entry conditions Percentage on equity Practical Example of a Buy&Sell Strategy Entry Condition: Bearish RSI crossover below the 30 level (RSI oversold entry). Exit Conditions: Take profit, stop loss, or percentage-based exit on the opening price.
Education
by thequantscience
1
Understanding Buy The Dip In TradingBuying the dip is a trading strategy where you take advantage of temporary price drops in an overall uptrend. The goal is simple: enter the market at a lower price before it resumes its upward move. It sounds easy, but knowing when and how to do it makes all the difference. In this guide, we’ll explore key setups, ideal market conditions, and smart risk management techniques to help you trade dips like a pro. 🚀 1. Understanding Market Structure 🏗️ Before jumping into a trade, it’s crucial to understand how price moves. A strong uptrend is characterized by higher highs and higher lows—this is where buying dips can be very profitable. But beware: not every drop is a buying opportunity. Some dips are part of a pullback, a temporary retracement before the trend resumes, while others signal a complete reversal—the last thing you want to buy into. Key levels to watch include support zones, Fibonacci retracement levels, and high-volume areas. These zones act as potential turning points where the price is likely to bounce. 2. Proven Setups for Buying the Dip 🎯 🔢 Fibonacci Retracement Support When the price pulls back within a strong trend, it often lands on key Fibonacci levels like 38.2%, 50%, or 61.8%. These act as natural support points where buyers step in. If a strong bullish candle appears at one of these levels, it can signal a solid dip-buying opportunity. Combine this with an oversold RSI and rising volume, and you have a strong case for entry. 🎭 Liquidity Grab (Stop Hunt) Markets love to shake out weak hands. Sometimes, the price dips below a previous low, triggering stop-loss orders before reversing sharply. This is called a liquidity grab—smart money accumulates positions while retail traders panic. If the price quickly reclaims the level it just broke, it’s a strong buy-the-dip signal. Look for big buy orders, a sharp recovery, and bullish candlesticks to confirm entry. 📊 Anchored VWAP Test Institutions often base their trades around VWAP (Volume Weighted Average Price), especially when anchored from a significant swing low. When the price revisits this VWAP in a strong uptrend, it’s a potential dip-buying zone. Watch for bounces off VWAP, rising volume, and confluence with other support levels for confirmation. 🔥 Point of Control (POC) Revisit Markets move towards areas of high liquidity. If the price revisits the Point of Control (POC)—the price level where most volume is traded in a range—it often serves as strong support. When price pulls back into the POC and finds buying interest, it’s a great spot to enter. Look for strong reactions, failed attempts to move lower, and confluence with Fibonacci levels. 📏 Previous Range Support A breakout from a trading range is significant, but the price often returns to retest the range high as new support before continuing higher. If this happens on low selling pressure and aligns with moving averages or VWAP, it can be a golden buy-the-dip opportunity. Look for bullish reactions, buying volume, and strong candles off the level. 3. When Buying the Dip Works Best ✅ Not all dips are worth buying. The best setups occur when: The market is in a strong uptrend, making higher highs consistently. 📈 Volume is high, showing that buyers are stepping in. 🔥 Macro conditions support upside movement, like favorable economic news. 📰 4. Risk Management: Protecting Your Capital 🛡️ Even the best traders take losses. What matters is how you manage risk: Set a Stop Loss 🎯: Always place a stop below key support levels. Position Sizing 📊: Never risk more than a small portion of your capital per trade. Have an Exit Plan 🚪: Know where you’ll take profits, whether it's at a resistance level or a trailing stop. Scale In and Out 🎢: Enter gradually instead of all at once, and take profits along the way to lock in gains. Key takeaways 🎤 Buying the dip can be a powerful strategy—when done correctly. The key is patience: wait for strong trends, allow price to reach significant levels, and confirm with volume and momentum. Combine technical analysis with solid risk management, and you’ll improve your chances of success in the markets. Happy trading! 🚀
CME_MINI:ES1!Education
by CandelaCharts
6
Best Fibonacci Retracement and Extension Levels for Trading In this short article, you will learn the best Fibonacci extension and retracement levels for trading Forex and Gold. I will share with you correct settings for Fibonacci tools and show you how to use & draw Fibonacci's properly on TradingView. Best Fibonacci Retracement Levels First, let's discuss Fibonacci retracement levels. Here are the default settings for Fibonacci retracement tool on TradingView. We will need to modify that a bit. We should keep 0; 0,382; 0,5; 0,618; 0,786; 1 levels 0,382; 0,5; 0,618; 0,786 will be the best retracement levels for Forex & Gold trading. How to Draw Fibonacci Retracement Levels Properly In order to draw fib.retracement levels properly, you should correctly identify a price action leg. You should underline that from its lowest low to its highest high, taking into consideration the wicks of the candlesticks. Fibonacci Retracement of a bullish price action leg will be applied from its low to its high. 1.0 Fibonacci level should lie on the lowest lie, 0 - on the highest high. Fibonacci Retracement of a bearish price action leg will be applied from its high to its low. Best Fibonacci Extension Levels Above, you can find default Fib.extension settings on TradingView. We will need to remove all the retracement levels; 2,618; 3,618; 4,236 and add 1,272; 1,414 levels. 1,272; 1,414; 1,618 will be the best Fibonacci Extension levels for trading Gold and Forex. How to Draw Fibonacci Extension Levels Properly Start with correct identification of a price action leg. Draw the Fib.Extension levels of a bearish price movement from its high to its low . Draw the Fib.Extension levels of a bullish price movement from its low to its high. I apply the fibonacci levels that we discussed for more than 9 years. They proved its efficiency and strength in trading different financial markets. Learn to combine Fibonacci levels with other technical analysis tools to make nice money in trading. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDEducation
by VasilyTrader
2
Divergence Trading Explained For Beginners -DAX Pullback TradeTrading divergence in the Forex or Stock market can be an important tool. Learn how to identify divergences & practically apply them to your technical analysis to increase your edge & profits in the financial markets. In this video you'll learn What is a bullish and bearish divergence How to use divergence to spot potential reversals in the market How to use volume to identify key levels of reversals How to measure out a "Kill Zone" What are tweezer tops & tweezer bottoms & why they are important How to use the Fibonacci retracement tool How to use the Relative Strength Index (RSI Indicator) Your Trading Coach - Akil
PEPPERSTONE:GER40Education
by Akil_Stokes
10
Bitcoin Seasonality - Best Month (October) and Best Day (Monday)It's very important for every Bitcoin trader to know its seasonality because this will significantly increase the probability of successful trades. I have been trading Bitcoin for almost 10 years, and I successfully use seasonality patterns to predict Bitcoin price movements. For example, you don't want to go long on Bitcoin during August or September; that's probably a very bad idea. The biggest market crashes usually happen in September. But you definitely want to go long in October or April, as these months are the most promising. Knowledge of these patterns will give you an advantage over standard retail traders. Every trade matters. Average return by Month (%) January: +5.1% February: +12.1% March: +4.8% April: ˇ+18.7% May: +14.2% June: +4.4% July: +6.1% August: -3.1% September: -8.4% October: +22.2% November: +17.9% December: +7.3% Average return by Weekday (%) Monday: +0.63% Tuesday: +0.18% Wednesday: +0.54% Thursday: +0.40% Friday: +0.37% Saturday: +0.45% Sunday: +0.10% Currently I am bullish on Bitcoin as the price is in an uptrend and the bear market is not confirmed; I expect Bitcoin to hit 115k probably at the end of February. What I also expect is an alt season - alt season is starting right now! So it's time to buy some altcoins. Ethereum should outperform BTC in the next weeks as well. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Education
by Xanrox
43