Welcome to the new week on Tuesday, friends đ„°
I got back late yesterday from a work trip to Binh Phuoc, so I didnât get on the app. I got to the office early this morning and am posting now so you donât have to wait anxiously.
đ„ H1 & H4 are recovering well after consolidating and sweeping the lows again, as I noted in the previous post.
--> Whether it happens quickly or slowly, the 76.5â77.3 zone is still the area that needs to be tested in this move. If the last two days of the weekend move sideways and build a base, the current target remains unchanged đ
đ„ D1 & D3 havenât broken out of their lower highs, so theyâre pulling the weekly chart into a correction, as I pinned at the start of the month (in the previous post, I recapped two important posts and attached images, so you can quickly review them).
--> A short-term recovery is still possible, but at important resistance levels, if buying pressure isnât strong enough, itâll just be a technical rebound and could get pulled down to find a new low.
The next support levels, of course, are: 73â72 (--> 70â69)
đ„ Let me repeat the important resistance levels on each timeframe:
H4: 77.4â78.5
D1 & D3: 80.6â81.2
W: 78.5
đ„ On any timeframe, from the smallest to the largest, reclaiming these levels doesnât just mean price moves past them. It needs to break out (with a strong momentum candle close) and retest without losing support. Thatâs the ruleâthe market has never been easy.
Thatâs why I always say: moving up with pauses along the way is more sustainable. A near-vertical rise fuels FOMO, then dumps at some pointânot good. Sometimes it moves fast, sometimes slowly. But whether itâs a lower high or a continued decline, the stronger the move up, the better.
Our job is to get in and out quickly and always have a contingency plan!
--> The top is where people get greedy and FOMO runs high
--> The bottom is where people get scared
--> If your mindset and knowledge arenât solid enough, just observe or trade small to gain experience, friends.
đ„ Always remember the 3 Ks that matter in financial markets, as I often say: Knowledge - Patience - Discipline!!!
đ„ Donât FOMO, donât go all-in, and always have a risk contingency plan. Financial markets are brutal.
đ„ This is my personal analysis, not investment advice!
--- Love all ---
I got back late yesterday from a work trip to Binh Phuoc, so I didnât get on the app. I got to the office early this morning and am posting now so you donât have to wait anxiously.
đ„ H1 & H4 are recovering well after consolidating and sweeping the lows again, as I noted in the previous post.
--> Whether it happens quickly or slowly, the 76.5â77.3 zone is still the area that needs to be tested in this move. If the last two days of the weekend move sideways and build a base, the current target remains unchanged đ
đ„ D1 & D3 havenât broken out of their lower highs, so theyâre pulling the weekly chart into a correction, as I pinned at the start of the month (in the previous post, I recapped two important posts and attached images, so you can quickly review them).
--> A short-term recovery is still possible, but at important resistance levels, if buying pressure isnât strong enough, itâll just be a technical rebound and could get pulled down to find a new low.
The next support levels, of course, are: 73â72 (--> 70â69)
đ„ Let me repeat the important resistance levels on each timeframe:
H4: 77.4â78.5
D1 & D3: 80.6â81.2
W: 78.5
đ„ On any timeframe, from the smallest to the largest, reclaiming these levels doesnât just mean price moves past them. It needs to break out (with a strong momentum candle close) and retest without losing support. Thatâs the ruleâthe market has never been easy.
Thatâs why I always say: moving up with pauses along the way is more sustainable. A near-vertical rise fuels FOMO, then dumps at some pointânot good. Sometimes it moves fast, sometimes slowly. But whether itâs a lower high or a continued decline, the stronger the move up, the better.
Our job is to get in and out quickly and always have a contingency plan!
--> The top is where people get greedy and FOMO runs high
--> The bottom is where people get scared
--> If your mindset and knowledge arenât solid enough, just observe or trade small to gain experience, friends.
đ„ Always remember the 3 Ks that matter in financial markets, as I often say: Knowledge - Patience - Discipline!!!
đ„ Donât FOMO, donât go all-in, and always have a risk contingency plan. Financial markets are brutal.
đ„ This is my personal analysis, not investment advice!
--- Love all ---
