👈🏻 Entry Zone: 0.235 – 0.238 🔹 The currency shows strong buying momentum after breaking through a narrow consolidation range, indicating the start of a new upward wave supported by increased trading volume.
💸 Targets (Take Profit) 💰 🏹 First Target: 0.248 🔹 Breaking it confirms the continuation of short-term upward momentum.
🪐 Second Target: 0.255 🔹 Staying above this level reinforces the upward trend structure and supports the continuation of the rise.
👑 Third Target: 0.265 🔹 A potential major target with buyers remaining dominant in the market.
━━━ 🚨 ━━━━ 🛡 Stop Loss: Below 0.223 🔹 Breaking it weakens the current upward trend and indicates the possibility of limited correction.
Currency Analysis 🔍 The BAT currency shows a clear breakout of a sub-resistance area with a positive price structure on the short time frame (15 minutes). Increased volumes reflect the entry of new liquidity, supporting the continuation of the upward movement in the near term. Maintaining the 0.235 area will keep the upward trend strong towards the specified targets.
💡 Capital Management Advice: Do not exceed 10% of the capital in the trade, and gradually take profits from the first target onwards.
#الدرس 12 in trading: Waves #إليوت (Elliott Waves) - A Brief Introduction
Elliott Waves are a theory used to analyze financial markets through psychological patterns that recur in the behavior of traders. The theory states that the market moves in *waves*, which reflect the state of optimism and pessimism among investors.
Types of waves:
1. Impulse Waves: - Composed of 5 waves (1, 2, 3, 4, 5). - Move in the direction of the overall market trend. - Wave 3 is often the strongest.
2. Corrective Waves: - Composed of 3 waves (A, B, C). - Move against the overall trend.
Benefits of Elliott Waves: - Accurately identify entry and exit points. - Predict the end of a trend or the beginning of a correction.
*Important Information:* The theory does not always work automatically and requires experience and practice to accurately distinguish the waves.
In the next lesson, God willing, we will take a practical example of Elliott Waves.
📌 *Market Trend* is the general direction of price movement, and it is the most important element in technical analysis. According to Dow Theory, trends are divided by *time duration* into:
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*1. #الاتجاه Primary Trend* - It is the long-term general trend. - Duration: from *several months to years*. - Represents the major market cycle (significant rise or fall). - Example: Bitcoin rising from 3000 to 60,000 in two years.
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*2. Secondary Trend* - It is a corrective movement within the primary trend. - Duration: from *weeks to months*. - Either an upward correction in a downward trend or a downward correction in an upward trend. - Its ratio is often: 33% to 66% of the primary trend.
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*3. Minor Trend* - Small movements within the secondary trend. - Duration: from *days to weeks*. - Affected by daily news and temporary fluctuations.
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📌 *Why does this matter?* Knowing the type of trend helps you: - Determine the type of trade (long-term investment or short-term speculation). - Not to use the wrong tools in the wrong place.
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🎯 *Lesson Summary:* Every trend contains a smaller trend, and the successful trader in the market is the one who knows how to deal with each trend according to its size and duration.
#الدرس The Tenth Theory #داو - Basics of Technical Analysis
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*Lesson 10: Introduction to Dow Theory*
🔹 *What is Dow Theory?* It is the oldest and most important theory in technical analysis, formulated by "Charles Dow", and is considered the foundation for understanding price movements in financial markets.
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*The main pillars of Dow Theory:*
1. #السوق Everything reflects* This means that all information (news, forecasts, sentiments) is directly reflected in price movement.
2. *The market moves in trends* - *Bullish trend*: Each peak is higher than the previous one and each trough is higher than the last. - *Bearish trend*: Each peak is lower than the previous one and each trough is lower. - *Sideways trend*: Fluctuation without a clear direction.
3. *Trends consist of 3 phases* - Accumulation phase (smart investors buy/sell). - Public participation phase (the general public enters). - Distribution phase (begins exiting and taking profits).
4. *Volume confirms the trend* A strong trend should be supported by an increase in volume.
5. *The trend continues until proven otherwise* Do not expect a trend reversal until clear signals appear.
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🧠 *Lesson Summary:* Dow Theory helps you understand market psychology, and it is the foundation for determining trends and analyzing candles.
What is this All the posts, if you need 5 dollars, go to the pinned post. I searched all the posts and didn’t find a single cent. I thought maybe I’m just stupid and don’t know how to earn these scattered dollars. Today I found someone on Facebook begging for 2 cents from people. I felt relieved hahahaha
Japanese candlesticks are a method of displaying price movement in the market over a specific time period (for example: one candlestick every 5 minutes or daily).
Each candlestick provides us with 4 important pieces of information:
1. *Open*: The price at the beginning of the period 2. *Close*: The price at the end of the period 3. *High*: The highest price reached 4. *Low*: The lowest price reached
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📊 Shape of the Candlestick:
- *Green Candlestick*: If the closing price is higher than the opening price (uptrend) - *Red Candlestick*: If the closing price is lower than the opening price (downtrend) - *Upper and Lower Shadows*: Represent the volatility between the highest and lowest prices
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🔥 Some Important Types of Candlesticks:
1. *Doji Candlestick:* - Very small body - Indicates indecision and unclear direction
2. *Hammer Candlestick:* - Small body and long lower shadow - Often appears at the bottom and indicates a bullish reversal
3. *Shooting Star Candlestick:* - Small body and long upper shadow - Often appears at the peaks and indicates a bearish reversal
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🧠 How can you benefit from them?
- Candlesticks give you early signals before a direction change. - When you understand the shape of the candlestick and the place where it appeared (support or resistance), you can anticipate the next movement.
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In the next lesson, we will talk about support and resistance, stay tuned.
*Volume* is the amount of currencies or contracts that have been traded over a specific period of time (hour – day – week). It gives you an idea of the "strength" of the movement in the market.
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📊 Why is Volume Important?
1. *Confirms the Trend:* - If the price is rising *and the volume is high* → the trend is strongly upward. - If the price is rising *and the volume is weak* → it could be a false rise.
2. *Monitors Entry #الحيتان Suddenly notice huge volume? This is evidence that a large investor or entity has entered or exited.
3. *Determines Price Explosions:* Before the price explodes, the volume often suddenly increases; this is an important indicator for the savvy trader.
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📌 Simple Examples:
- If a currency is moving slowly and suddenly the volume doubles → there is a high chance it will experience strong movement. - If the candle is green but the volume is weak → don't trust the rise too much.
- Monitor the volume with every price movement. - Don't rely on the price alone… always ask yourself: "Are there many people buying and selling now? Or is the market asleep?"
In any trading platform, when you enter a trade, you must specify the type of order (Order) you are using. The most important types:
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*1. Market Order:* – The trade is executed immediately at the best available price in the market right now. – Quick execution but sometimes the price may not be ideal. *Example:* You enter to buy now, the order is executed immediately.
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*2. Limit Order:* – You specify the price you want to buy or sell at, and it waits for the market to reach it. – Useful when you expect a correction or want to enter at a specific price. *Example:* You say "Buy when the price drops to 0.75", it waits until the price reaches and executes.
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*3. Stop Loss:* – You set a certain point where the bot or trade exits automatically if the market reverses against you. – Protects you from large losses. *Example:* You buy at a price of 1.00 and set a Stop Loss at 0.90.
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*4. Take Profit:* – You specify the point where it automatically sells if the price reaches your target. – Helps you close the trade at a profit without continuous monitoring.
--- #نصيحة today Do not enter any trade without Stop Loss and Take Profit, especially in futures contracts because the market can reverse quickly.
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#غدًا in lesson seven:* We will talk about how to choose the right currency for trading.
In the world of trading, there are two basic types you need to know:
1. *Spot Trading:* This is the simplest type, you buy the currency and put it in your wallet, and you wait for the price to rise so you can sell and profit. You cannot open a sell order, you can only buy and wait for the rise. There is no leverage, meaning if you have 50 dollars, you trade with 50 only. Your loss is limited to your capital.
2. *Futures Trading: #محرم Here you do not actually buy the currency, you only trade on the price movement. You can open a buy order (if you expect the price to go up), or a sell order (if you expect the price to go down). You can use leverage, meaning with a small capital you can trade a large amount, but if you lose, you can quickly lose all your balance.
The advantage here is that you can profit whether the market is going up or down, but the risk is much greater than spot trading.
*Summary:* If you are a beginner, start with Spot. If you gain experience and understand risk management, then try futures.
Like and share so we can continue tomorrow in lesson six about types of orders and how to enter a trade professionally.
Understanding the patterns helps you predict whether the price will rise or fall. Here are the most important:
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🕯️ *1. Hammer Candle
- *Shape:* Small body at the top, long tail at the bottom. - *Meaning:* Rejection of the low price = strong upward potential. - *Appears after a decline.*
✅ Potential buy signal.
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🕯️ *2. Hanging Man Candle
- Same shape as the hammer, but appears *after a rise*. - *Meaning:* Potential reversal and decline.
⚠️ Potential sell signal.
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🕯️ *3. Bullish Engulfing Candle
- A large green candle that engulfs the previous red candle. - Appears after a decline.
✅ Signal for a change in direction to upward.
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🕯️ *4. Bearish Engulfing Candle
- A large red candle that engulfs the previous green candle. - Appears after a rise.
⚠️ Signal for a potential decline.
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🕯️ *5. Doji Candle
- *Shape:* Very small body (opening price ≈ closing price). - *Meaning:* Indecision in the market. If it comes after a strong trend = potential reversal.
Japanese Candlesticks are the most commonly used method by traders to read price movement.
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📌 *Candle Components:*
Each candle represents price movement over a specific time period (for example: minute, hour, day):
- *Body:* the difference between the closing price and #الافتتاح . - *Upper Wick:* the highest price reached. - *Lower Wick:* the lowest price reached.
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📈 *Candle Colors:*
- *Green Candle (Bullish):* closing price is higher than the opening price (meaning the price went up). - *Red Candle (Bearish):* closing price is lower than the opening price (meaning the price went down).
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🕯️ *What Candles Mean:*
- *Candle with a long body:* strong movement in one direction. - *Candle with a long lower wick:* rejection of lower price (bullish signal). - *Candle with a long upper wick:* rejection of higher price (bearish signal). - *Very small candle:* indecision in the market (be cautious as a strong movement may follow).
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🎯 Lesson Tip:
Watch the candles near support and resistance lines. A rejection candle (long wick) at support = high probability of upward movement.