Ikhtiar Trading Jurnal

Posts: 19944 · #3106 - August 21, 2025, 04:58:52 AM

Today I attempted to buy USDX with a stop-loss at 98.16 and a take-profit at 98.47. On the USDX M15 timeframe, a closer look reveals a candlestick pattern showing higher highs and higher lows. This pattern is characteristic of a strong bullish trend, as it shows that every time the price corrects, buyers continue to step in and push the price to a new high. Despite occasional selling pressure, the buyer's driving force remains dominant, so the price tends to remain in the upper area. Furthermore, the candlesticks forming around the moving average indicate a fairly swift buyer reaction whenever the price attempts to fall near that line.

Posts: 19944 · #3107 - August 21, 2025, 05:01:12 AM

Today I attempted to buy gold with a stop-loss at 3331.68 and a take-profit at 3350.15. Gold on the M15 timeframe recorded a significant increase, reaching the upper resistance area as seen on the chart. However, this increase was limited due to selling pressure from the resistance area, causing the price to experience another downward correction. This is still considered normal in the context of a bullish trend, as corrections are often necessary to gather new energy before continuing the upward movement. Furthermore, the price is currently still above the moving average, which is starting to rise, indicating that the dominant trend has not changed.

Posts: 19944 · #3108 - August 21, 2025, 05:03:30 AM

Today I attempted to sell GBPJPY with a stop-loss at 198.54 and a take-profit at 197.87. GBPJPY on the M15 timeframe: A closer look reveals that the price is currently in a consolidation phase after a significant decline. This consolidation is characterized by sideways movement within a narrow range around 198.20. This phase usually represents a pause before the next major move. Considering the main trend remains bearish, there's a high probability that the price will resume its decline after the consolidation is over. However, there's still potential for the price to retrace higher to retest resistance near the moving average line before returning to the downside.

#3109 - **Today** at 06:58:01 PM

Posts: 19944 · #3109 - August 21, 2025, 05:05:43 AM

Today I attempted to sell EURJPY with a stop-loss at 171.89 and a take-profit at 171.33. EURJPY on the M15 timeframe: A closer look reveals the price is currently moving sideways within a narrow range around 171.60. This consolidation pattern occurs after a sharp decline, which is usually a sign that the market is taking a break before determining its next direction. Considering the dominant trend remains bearish, this consolidation is more likely to end with a continued decline towards the next support level.

Posts: 19944 · #3110 - August 21, 2025, 05:09:05 AM

Today, I attempted to buy USDCAD with a stop-loss at 1.3859 and a take-profit at 1.3905. On the M15 timeframe, most of the candles on the USDCAD chart after a sharp rise showed small shapes with fairly balanced upper and lower shadows. This indicates a phase of uncertainty or consolidation, where buyers and sellers await new momentum to continue the trend. Several bullish candles appeared with longer bodies, indicating that buying pressure remains quite strong. However, several candles also appeared with long tails at the top, signaling selling pressure at the resistance area. This condition suggests that the price is testing a key area before continuing its movement further.

Posts: 19944 · #3111 - August 21, 2025, 11:22:02 PM

Quote from: Ikhtiar on August 21, 2025, 04:54:23 AM

Today I attempted to sell EURUSD with a stop-loss at 1.1659 and a take-profit at 1.1635. On the M15 timeframe, EURUSD candlestick movements indicate consolidation after the previous decline. This consolidation is characterized by a narrow range, where the price appears to be moving sideways, approaching the moving average line. However, because the primary bias remains bearish, the potential for a downward breakout is greater than the possibility of an upward breakout. Candlesticks with relatively long upper shadows around the moving average line also indicate that selling pressure is stronger than buying pressure.

My open sell position on EURUSD hit the take profit level, resulting in a $1.20 profit. Currently, EURUSD is still moving below the 200-day moving average (MA200) and is likely to fall further. Therefore, we should look for sell opportunities in this currency pair.

Posts: 19944 · #3112 - August 21, 2025, 11:24:12 PM

Quote from: Ikhtiar on August 21, 2025, 04:56:39 AM

Today I attempted to sell GBPUSD with a stop-loss at 1.3470 and a take-profit at 1.3438. On the M15 timeframe, GBPUSD briefly attempted to rise, but the rise was short-lived, before a sharp decline followed. Corrections tended to be limited and consistently failed to break through the moving average line. This demonstrates that the moving average truly functions as effective dynamic resistance. Each time the price approaches this area, selling pressure resurfaces, pushing it lower, indicating that market participants still view this area as an attractive selling point.

My open sell position on GBPUSD touched take profit and I made a profit of $1.50. If we look at the pattern formed by GBPUSD on TF M15, up to now it is still in a bearish trend and there are no signs of resistance from buyers.

Posts: 19944 · #3113 - August 24, 2025, 11:09:43 AM

Today I attempted to sell Bitcoin with a stop-loss at 115753.05 and a take-profit at 114037.65. On the M15 timeframe, the current price movement shows that the candlesticks are below the moving average, indicating bearish pressure or a downward price trend. This condition further confirms the market is in a correction phase after the previous sharp surge. The moving average curving upward and then reversing and aligning with the price also signals that bullish momentum is waning.

Posts: 19944 · #3114 - August 24, 2025, 11:12:44 AM

Today I attempted to sell Litecoin with a stop-loss order placed at 120.85 and a take-profit order at 117.18. Litecoin, on the M15 timeframe, is currently testing the area around 118.70. This level appears to be the closest support level, having previously served as a balance zone between buyers and sellers. If the price can withstand the decline in this area, a temporary rebound is likely before determining its next direction.

Posts: 19944 · #3115 - August 24, 2025, 11:15:39 AM

Today I attempted to buy Ethereum with a stop-loss order placed at 4641.96 and a take-profit order at 4852.95. Ethereum's price movement on the M15 timeframe is quite stable after experiencing a significant spike. A sharp price increase was seen at the start of the session, where it broke through the resistance level and moved quickly upward. However, after reaching its peak, the price experienced a correction and is now moving sideways in a consolidation phase, with a tendency to form support around 4735.00.

#3116 - **Today** at 06:58:01 PM

Posts: 19944 · #3116 - August 24, 2025, 11:18:33 AM

Today I attempted to buy Riple with a stop-loss order at 2.9691 and a take-profit order at 3.0675. Riple on the M15 timeframe. From a trend perspective, the previous moving average line acted as dynamic support, supporting the price movement. When the price moves above this line, the medium-term trend can still be considered bullish.

Posts: 19944 · #3117 - August 24, 2025, 11:21:08 AM

Today I attempted to sell Cardano with a stop-loss order placed at 0.91323 and a take-profit order at 0.87447. Cardano's current price movement on the M15 timeframe shows a fairly clear correction phase. After a sharp price surge, the price experienced a sharp retracement and attempted to maintain support around 0.8890. However, increasingly dominant selling pressure is evident in the bearish candlestick pattern with a relatively long body and narrow shadows. This indicates considerable selling power.

Posts: 19944 · #3118 - August 24, 2025, 11:24:14 AM

Today I attempted to buy Solana with a stop-loss order placed at 198.76 and a take-profit order at 210.17. Solana on the M15 timeframe. Looking at the main trend, the red moving average line on the chart is still below the price, indicating that the medium-term trend remains bullish. However, selling pressure in the last session clearly indicates the potential for a correction. The price slowly approaching this moving average could signal that buyers are losing ground, allowing the uptrend to transition into a consolidation phase.

Posts: 19944 · #3119 - August 24, 2025, 11:27:38 AM

Today I attempted to sell Filecoin with a stop-loss order placed at 2,456 and a take-profit order at 2,349. On the M15 timeframe, Filecoin showed a bearish candlestick with a long body and a small lower shadow, indicating significant selling pressure. The lack of a price reversal or significant buying reaction indicates that buyers lack the strength to stem the decline.

Posts: 19944 · #3120 - August 25, 2025, 09:36:26 PM

Today I attempted to sell EURUSD with a stop-loss order at 1.1642 and a take-profit order at 1.1589. The rapid downward movement in EURUSD on the M15 timeframe indicates strong selling pressure, likely triggered by the release of fundamental data or negative sentiment triggering a massive sell-off. When the price is below the moving average, the short-term trend clearly indicates seller dominance.