mytw0cents

mytw0cents

hello everyone From the previous oil movement, the entry at 58.52 moved up by 80 pips before hitting breakeven. For the upcoming open market, if the trendline and support or resistance break out as shown on the M30 chart, it could signal an opportunity to enter the market. Ensure strong confirmation before acting, and keep an eye on shifts in market structure....

mytw0cents

hello & happy weekend everyone For coming week trade forecast. From the left side, the daily chart indicates that a breakout has occurred, and the current increase is a temporary pullback. If a rejection happens at the 0.236 daily retracement and the trendline on 1 hour chart successfully pushes the price downward, I see an opportunity to short towards the...

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hi everyone I hope you were able to ride the market based on the previous trade idea. Gold has broken below the daily support level, and the current upward movement is likely just a retracement. Therefore, both my Plan A and Plan B focus on short positions. For a stronger bullish move, the price needs to form a lower low—at least on the H1 timeframe. good luck...

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hi all Based on the current situation for WTI, with the stop loss hit from the previous trade idea, Plan A now relies on a breakout of the trendline and the support turning into resistance as confirmation for taking a long position. However, if rejection occurs at the trendline or at the support-turned-resistance level, there's a possibility that the price will...

mytw0cents

Hi all The rejection at the 3202 level, Plan A remains a strong possibility, especially if the trendline also shows signs of resistance. However, if the trendline breaks, then Plan B would be the preferred approach—waiting for a confirmed breakout on the 30-minute timeframe before considering a long position. Keep a close watch on price action and ensure strong...

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Hi everyone, here is my gold price movement forecast. My forecast tends to lean towards temporary strength for gold. Therefore, if there is a rejection at the trendline on the H4, I will wait for the price to come back to 3320 before shorting gold... If the price successfully breaks the entry price and makes a new high, I will look for opportunities to long...

mytw0cents

hi again The US500 has shown strength by breaking the resistance at 5483.5 and is now at 5535. If the price reaches 5604.6 and a pullback occurs, targeting a temporary decline at the 50% Fibonacci retracement level is a good strategy. Fibonacci retracement is often used to identify potential support and resistance levels where the price might pause or reverse....

mytw0cents

Hello Hi everyone. Regarding oil movements, I see a long opportunity at the level of 59.61. If the price closes below 58.56, there is a possibility of a temporary rise before continuing to drop to 55. good luck all **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for...

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hi all this my trade plan until end of this month good luck **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal** Thanks a lot for your support

mytw0cents

hi Fundamental view The **US500 index** dropped due to several key factors affecting the U.S. stock market: 📉 **Tech Stock Decline** – Technology stocks faced heavy pressure, especially after **Nvidia** plunged **6.9%** due to U.S. restrictions on AI chip exports to China. Other stocks like **AMD (-7.3%)** and **Micron Technology (-2.4%)** also fell. 💰...

mytw0cents

hi From the previous chart, the price successfully broke through the upper trendline and started to rise. This could indicate that bullish momentum is taking over. Waiting for the price to break the upper trendline is a solid strategy for confirming bullish momentum. However, there is a potential triple top pattern forming, which could indicate that the price may...

mytw0cents Updated 

hi all this my trade plan until end of this month good luck **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal** Thanks a lot for your support

mytw0cents Updated 

hi all Potential Triple Top Pattern good luck **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal** Thanks a lot for your support

mytw0cents Updated 

From the previous setup, we can see that the movement of gold made a breakout at the 2728 level before dropping to the take profit level at the 2.618 Fibonacci extension (2651) and then made a correction to the 50-61.8 Fibonacci retracement level (2709). So this week, I am waiting to see if the current price will head towards the 1.618 Fibonacci extension before...

mytw0cents

From the weekly chart, the price has reached the 61.5 Fibonacci retracement level and made a rejection at the price of 145.470 before dropping again to the level of 152.134 on the 1-hour time frame. Therefore, I am waiting for any possibility of a rejection as shown in the chart before deciding to continue selling USD/JPY

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Hi all There are two movements, buy and sell. If the price respects the trendline, it is likely that the price will continue to drop to TP 1. However, if there is a breakout at the trendline and it makes a new high, it is likely that the price will change direction to a buy and target an all-new time high of 2874 **My trading strategy is not intended to be a...

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Hi all look like its a good time to short long JPY **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal** Thanks a lot for your support

mytw0cents

Hi all 2 possible trade plan... **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal** Thanks a lot for your support