Hi Guys Today Im gonna tell you the condition of the Gold in the Daily timeframe by the Brooks Price Action method. First of all, we can see that the 2 leg spike structure is made and after that, we can see the channel cycle is created. when the channel breaks from the bottom, we wait for a nice trading range. Second, when the trading range is made, the top of...
Hi guys What do you think about gold in upcoming days? I will tell you the analysis by RTM method. As you know, we had a compression (C.P) in gold chart recent days that shows us the orders are consumed. This compression ranges between the 1900 to 1980. After that, the price touched the higher timeframe FTR that ranges between 1903 and 1887. Then the price...
Hi guys If you look carefully at the bitcoin chart, you will see the bullish context signals. I wanna tell you the reasons by RTM Method. First of all, we had a strong resistance of around 25200 that was broken on 14 march 2023 (point of ENG) and after that the price Failed to return to its downtrend and a bullish FTR is made. This zone is from the low to close...
Hi Guys If you look carefully at the chart of AUD/USD in the H4 timeframe, you could see some signs of reversing to the bullish trend. I prefer to tell you the WoW Trade strategy that is happening in this chart. First of all, the price has touched the Daily demand zone for the first time we can say it is an FTB. Second, the price is making some kind of falling...
HI Dears If you look carefully at the chart of the British Pound (GBP/USD) you will see the bearish scenario. I will tell you the reason by the RTM method. The price made a powerful 4h FTR and also an MPL zone. after that, the price broke the 4H trading range but in fake mud to gather the liquidity that is needed for a powerful downtrend. After that the price...
Hi guys If you heard about caps on price patterns, you could see this parameter in DXY that happened frequently :) Also, you have to switch between the timeframe to find the suitable one. CAPS on Price is one of the most profitable patterns in the RTM method. I suggest learning more about it. Sincerely Hosein Poursaei
Hi Dears If you look carefully at the chart of the USD/JPY, you can see that we have to continue our bearish momentum until to reach the base of the pole. But why? First of all, we had an SR line at around 131.764 that the price Engulfed later and made an FTR zone, and also the price pulled back to it later so we can say that we have a flag limit (FL)...
Hi Dears Today let's analyze the bitcoin chart by RTM Method and in the weekly timeframe . If you look carefully to this chart, you can see the resistance level (SR Line) at around 28800 that the price pulled back to it twice (Jan 2021 and June 2021) . This level was broken on 9 May 2022 and the price failed to return to its uptrend so the bear FTR strategy is...
Hi Dears Today let's analyze the bitcoin chart by RTM Method and in the daily timeframe. If you look carefully to this chart, you can see the resistance level (SR Line) at around 21500 then the FTX news cause the market to fall sharply to around 15500. This level was broken on 17 Jan 2023 and the price bounced sharply. The FL is made and we can see that there...
Hi guys In this post, I will analyze the XAU/USD chart by RTM method in the weekly timeframe. I suggest you learn this method which was developed by If Myante and his friends and is famous for its accuracy and high risk-reward ratio. If we look carefully at the chart of the Gold, we could see the evident Bullish FTR (failure to return) between the range of 1770...
Hi Dears In this analysis you will know how is the trend of ripple in future and in big picture. If we look carefully to the ripple chart, we can see that the price is breaking the weekly trend line and also in daily we have broken and we are pull backing to the base that cause the break. also you could see in this the daily chart. we are near the weekly...
Hi Dears Why MANA/USDT is going for correction? In this idea, I would tell you the answer to this question in a brief and useful format. First of all, we are moving near the weekly supply in the control zone. Second, the volume is decreasing. Third, the RSI shows clear Divergence. And at last, the rising compression pattern is made. So I think that correction...
Hi Dears Do you heard about WOW TRADE strategy? We have a higher time frame trendline line (weekly). We are near the demand in control zone of higher timeframe. We break the trendline and after that we have a pullback to the trendline, base that cause this breaking or break even zone. After that the price will be in the moon. And now we are watching this...
HI Dears by using the RTM Method, As you see in this chart, we have a pole, an engulfed resistance, and an MPL LEVEL that engulfed later. Everything is clear. When the MPL level is engulfed, the trend may change in that timeframe. Anyway find a good entry point to go long position with the target of the base of the pole. The RTM Method tells us...
Hi dears If you look carefully at the ADA USDT chart in the Daily timeframe, you could see some correction signals. let's check it First of all, we are near the daily supply in the control zone Second, the momentum is decreasing 3rd, the volume is decreasing 4th, the RSI divergence So you have to be prepared for a correction. we are waiting for trigger to...
Hi guys Whats your idea about Filecoin? the web 3 based cryptocurrency. As you see in this chart, the WOW Trade Strategy is evident. But how the wow trade strategy works? we have a weekly or higher timeframe trendline (HTF TL). we reached the weekly demand in control zone. the price has bounced from the demand zone and also breaks the daily resistance...
Hi guys As we see in this chart, we are near the supply in control zone in weekly timeframe. Also we can see weakness in the uptrend behavior and the RSI Divergence is the key signal. I think the situation for this Index is short At least in H4 timeframe. Sincerely
As you see in this analysis, Polkadot will be one of the best profitable coins in the coming days. The reasons are: We have reached the monthly demand in control zone and we have pulled back to it for the first time (FTB). We have reached the bottom of the downtrend weekly channel. We saw the falling wedge pattern in the daily timeframe and its break out is imminent.