Today I missed a profitable long opportunity on GOOGL At the open, the stock dropped to support near 353 and bounced. On the next test of 353, I went long, which finished as a loss of about $300. A little later, GOOGL stopped weakening and found...
Wicks Don't Count (Valid vs. Invalid Manipulation) One of the most misunderstood concepts in price action and Smart Money Concepts (SMC) is the idea that "wicks don't count." Many traders panic when they see price briefly move beyond a key support,...
*Technical Analysis - Ethereum ETH/USD 1D Chart - OANDA* *Price Action* Chart shows ETH on 1D timeframe. Current price 1,750.00, up 14.70 (+0.85%). Structureowntrend from April high ∼2,500 to July low ∼1,500. July: Base building + bounce. 1,500 →...
USDCAD H4 Chart Analysis: The USDCAD price movement today demonstrates trading activity with a narrow range. We anticipate that the price will stop at the 1.41654 support zone, where USDCAD is gradually declining. Purchase if there is a bounce in...
*XAUUSD - 4H Technical Analysis Report | OANDA* *Current Price: $4,123.68 | Change: -$0.12 | -0.00%* *1. PRICE STRUCTURE* Market is inside a *Bearish Descending Channel* marked on chart. Swing: $3,960 low > $4,170 high > now pulling back to channel...
