BTC/USD ANALYSIS
I spotted a valid Order Black(OB) on the 15 minutes timeframe, based on my trading strategy I knew this was a good opportunity to enter the market, if you notice I was already on a trade before I spotted this re entry and at the end of the day the market respected my analysis and went straight to my Take profit Level (TP).
It’s skills, it’s not magic.
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XAUUSD Chart analysis using SUPPORT AND RESISTANCE STRATEGY.
It’s not Magic.
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15
I analyzed EURUSD on a lower Timeframe (TF) and spotted a clear Fair value gap(FVG), knowing fully well that that fat needs to be closed, therefore market has to come back to that point before continuing on a downward trajectory, I took advantage of the opportunity.
The first photo shows when I set my limit order(Entry point), the last photo shows where the trade got to its final destination (Take profit level).
Nice trade, it’s not magic.
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I analyzed XAUUSD chat, spotted a valid OB(Order Block), with more analysis, I discovered market often reverse when it gets to that level, therefore making it a valid resistance point or a valid support Level.
As you can see from the first photo, the white line(Trend line) is my support level which tallies with the OB. With such combination, there’s a 90% chance the trade would hold comfortably.
You could clearly see the before and after project… from the analysis to the Final Take profit.
it’s not magic, you can do it too with proper mentoring and focus.