RHYTHMS FOREX TRADING

Most Recent Analysis for XAUUSD - 27/05/2025
Trade Decision: Buy
On the 4H timeframe, price is in a clear uptrend with EMA steadily above 3340 and price well above the Ichimoku cloud, confirming bullish momentum. RSI remains moderately bullish around 57, supporting strength without overbought conditions. The 1H timeframe shows price consolidating near support around 3207-3210 with EMA rising near 3339 and RSI recovering from neutral (~51), indicating a potential base for continuation. No reversal patterns are present. The multi-timeframe alignment of trend, momentum, and structure supports a cautious Buy bias. Entry is best confirmed on a break above recent highs near 3359 on the 1H chart. Stop loss should be placed below recent swing lows near 3198, with take profit near next resistance zone around 3415 based on prior highs and Ichimoku resistance on 4H.

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7 months ago (edited) | [YT] | 0

RHYTHMS FOREX TRADING

🚀this is where I call all my trades🚀

Hello traders!.
USDCAD is offering three trading scenarios on the daily timeframe.
The first scenario suggests the pair may react bullishly from the currently approached zone, setting up a bounce opportunity that could drive price higher toward the 1.41600 area.

The second scenario anticipates a bounce toward the 1.37586 region, where a mean reversion setup may come into play (if buyers step in and price action confirms bullish intent near that support).

The third scenario anticipates a bounce toward the 1.34150 region, where a mean reversion setup may come into play (if buyers step in and price action confirms bullish intent near that support).

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Discretionary trading is all about making decisions based on what you see, what you feel, and what you've learned through experience. Unlike systematic strategies that rely on fixed rules or algorithms, discretionary traders use their judgment to read the market in real time. It's a skill that can't be rushed, because it's built on screen time, pattern recognition, and the ability to stay calm under pressure.

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At the end of the day, discretionary trading is an art, refined over time, sharpened through mistakes, and driven by instinct. It's not for everyone, but for those who've put in the work, it can be a powerful way to trade.


Source : TrendDiva

8 months ago (edited) | [YT] | 0

RHYTHMS FOREX TRADING

Hey everyone! Just a quick update - I'm taking a short break, so there won't be a new upload today.
I'll be back next week with fresh content. In the meantime, why not check out this playlist:
www.youtube.com/playlist?list...

youtube.com/playlist?list=PLb...
It's packed with some of my favorite videos that you might have missed or want to re watch. 🎥
See you all soon! 👋

8 months ago (edited) | [YT] | 0