If the price fluctuates below the current resistance range, it is expected that the continuation of the downward trend will be created by breaking the support range. If it stabilizes above the resistance range, the above scenario will be invalid
FX:XAUUSD is forming a range of 2328 - 2295. The market sold off all the excitement formed on the background of Powell's comments yesterday. A bearish market structure is forming on D1. The area of 2328 is keeping the price down and plays the role of a strong key resistance. The bears (sellers) are quite strong and continue to gain momentum. The price is...
Hello friends, we have reached our target on the Daily chart Now, Blue wave (X) is starting now, You can have my all details on the Channel video. Don't forget to follow / subscribe me and support my idea, let's boost/like it and keep a positive comment. Thanks, Bros
Hello friends, For Now, we are still moving in correction Red X, all details you can find in my channel. Don't forget to follow me and support my idea, let's boost/like it and keep a positive comment. Thanks, Bros
I will first answer the question to someone ask me a timeframe to hit my personal target 0.065 - 0.091. First of all and always need to say, it is just a pure guess. To 0.1 - 0.091 in 1-4 days. To 0.091 - 0.065 I am not sure that it will reach this area but consider BTC correction I bet it will arrive somewhere between this in 4 days - 2...
I'm of the belief we don't have a cycle top in markets until small caps have a huge run, Going forward I expect a huge speculative frenzy to take place and cause mass retail participation/FOMO - This will also be aligned with Crypto pumping - However all good things come to an end and I believe if this plays out how I think we will go down for years and maybe...
Please provide a meaningful description of what? I dont know because I am not guru lol.
Bitcoin is in the middle of the bull market cycle, but where exactly? It's necessary to do an Elliott Wave technical analysis to see the full map, as the market always moves in waves. We are almost at the end of the major wave (3), and in summer 2024, we are ready to make a significant corrective ABC pattern. We probably all know that summers are usually boring...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure and Retracement RSI - Divergence ( Over Bought ) Bullish Channel as an Corrective Pattern in Long Time Frame Fibonacci Level - 261.8%
GPBUSD confirmed an expanding channel breakout with the NFP. So here we are anticipating a bullish rally to the upside based on the confirmation identified. I am personally targeting the previous swing highs formed on the left for a decent profitable long entry.
The idea is that NIO is in a wave 4 correction off the highs and has one more impulse up before it likely consolidates sideways for a long period of time.
BUY ABOVE - 49480 SL - 49340 TARGETS - 49670,49850,50000 SELL BELOW - 49180 SL - 49340 TARGETS - 49020,48800,48630 NO TRADE ZONE - 49180 to 49480 Previous Day High - 49480 Previous Day Low - 49180 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about SHIB SHIB THE Bullish flag pattern Formation in 8H Timeframe✍️ In case Of Breakout,Expecting 50% Bullish Wave🚀
#NHPC STOCK ENTRY FOR SWING TRADING Entry - 100 SL - 86 Targets - 115, 135 @Jagadheesh_JP
EUR/CAD: A Short-Term Trading Scenario Price broke out from a small structure indicating an increase in the bullish momentum. 4 hour chart is still dominated by a bullish trend rising the chances for further growth. Be careful as the risk is high considering that the Economic calendar is empty and the market may not move too much. A decrease in the bullish...
DXY - LONG NFP POSSIBLE MOVE Dxy can push up for nfp, risk small and trade accordingly
The chart posted is Low odds BUT must be looked at as the wave structure and the cycle s turn may 8th is nearing .I Am net long spy msft gld dia I have changed my positions and added this morning near the low in GLD I am also looking to buy BITCOIN I have target 56200 to 55900 but we may not get to it .
near has a bearish structure. Price is constantly respecting supplies and creating lower Ls. If the price returns to the red range, we will look for sell/short positions in this range. Note that the green range is a strong support range! Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop...