Classmate Roc

hanggang saan aabot?

XAUUSD 1H TF

Are we yet to see another all-time high from gold?

BTC 4H Timeframe chart update

price reversed from our trade direction to test the major supply zone at vector no. 5. I was able to exit the trade unharmed by moving my stop loss near my entry point when I noticed a consolidation after the sellers failed attempt to close below vector 7.1. As price rallies back to the major supply, buyers were able to break vector number 7 confirming vector no.8 as a solid structure/ confirmed higher low. I drew a new upsloping green pitchfork as a guide for the new possible path of price anchored in vectors 4,5, and 6. I notice a possible Hagopian's rule occurring when price failed to reach the lower parallel of the upsloping pitchfork.

BTCUSD 4H timeframe.

price action still moving within the boundaries of the down sloping pitchfork. after breaking the support at vector number 4, an evident 2nd degree fractal hybrid divergence can be observed as the price currently test the identified minor supply zone and the upper parallel of the median line.

we discussed this pair during our live session on Wednesday. congrats if you took this trade. 👍

you can check the video for the analysis.

position closed when price got rejected at the underthrow line. ended with a little less than 1:4 RRR.

Good morning classmates! going live later at around 2:30pm to prepare for london session. see you!