Hello everyone, I hope you're doing well. Here are several reasons why this upward wave could be wave 5, as I'll explain for clarity: The most important reason is the completion of the 5th bullish Elliott wave and negative divergence on waves 5 and 3. -------- Considering the deep correction within a chart pattern, the structure of wave 4 indicates it was...
Here is what the second scenario look like for KUSAMA. Unlike the first this show that price has not finished the impulse wave going downwards and we might see price create another low around $13 and that is also a perfect point for either re-entry or DCA. from that point to the golden level 50% Fibonacci, there is over 550% gain. ...
We are clearly in the ALTCOIN season and appears many of these tokens want to stretch their legs a bit. I am clocking STORJ to make (at a minimum) a 100-110% gain. 2 supporting Harmonics - there may be some minor pullbacks, but I don't see anything major here. Looks like a cool easy 100% (at minimum)- this could go (and I figure it to go) much higher. There is...
i needed a new Gann fan so made this because i am curious for high levels . not sure if it will be ok so lets see how things play out !
Image of my Gold (XAUUSD) forecast for the Week starting 20 May 2024 There is also a video analysis if you want it, just search it.
Here is my gold forecast, I'm still bullish in the week ahead. This is for the week starting 20 May 2024, however, the top may not be far.
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
Gold is currently trading in an uptrend on the 30-minute timeframe. = The first target is near $2363, = a break of this level will take us to the second profit target at $2378, = and a break of that will take us to the third target at $2394. Stop loss should be placed at 2345$.∗
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
A Fibonacci variant of the Gann Square, squaring it at the 1.618 time cycle; measuring the previous all time high to the recent major low here on the daily chart. 1st target minimum is shown at the first Gann Square level. 2nd target is typically most reliable and would be "equilibrium" coming in on the main fan within the Gann Square. 3rd and final targets...
Pair : SPX500 Index Description : Completed " 123 " Impulsive Waves Demand Zone Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure Fibonacci Level - 50.00% / 61.80%
A forecast update on the upcoming movement of the dollar and yen in the long term
Looking really good for a reversal as most of the defense stocks have already given a runup,this one might be the one for a perfect entry before the rally! Pros Daily volumes Bouncing back from 1/1 levels and Gann levels at 1906.7 Trendline BO SL below 1900 and the targets would be the blue levels marked on the chart
DOT chart, i feel we are in a good spot to buy this here for a nice move up.
Looking really good as it breaks out of Gann levels @233.5 and has given a breakout of the trendline(a kind of inv h&S pattern) Expecting a good rally from here SL below 230
No doubt BINANCE:RSRUSDT have gained over 700% since it All Time Low but the good news I bring to you is that there is still a potential 170% left. Looking closely from the daily timeframe you will see that this outburst is clearly impulsive in which wave 1, 2 & 3 has been completed now we are in wave 4-yellow and in couple of weeks we should be heading up for...
By applying the Gann Fan technique to analyze the price chart of the lucky cat shrine ICO, traders can potentially identify key support and resistance levels to inform their trading decisions. However, like any trading strategy, it's essential to exercise caution and conduct thorough analysis before executing trades. With a blend of technical analysis and the...