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by elliott .....wave 2 finished and triangle down side touched now time for going to wave 3 = 188.423

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Decreased OPEC production coupled with increased Chinese demand for oil drove up oil prices. Technically, oil has reached the ceiling of the descending channel and the market structure is still not broken to change the downward trend to the upside

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An attempt to penetrate the ceiling of the bullish channel, but the Japanese candlesticks gave an indication that it could not penetrate, and this indicates a decline, in addition to the harmonic shark confirming that it is time for a correction and a drop to 141,500, and after that 140,800

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Retracement to a key level creates the optimal situation to enter the market. In the picture below you can notice that the price has pulled back to the key level after a brief push above it. There was no other clear market signal that the price will go down, so this level can be sometimes the only hint for a trader, that’s why it’s significant not to miss it.

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BULLISH Rectangle Chart Patterns A rectangle is a chart pattern formed when the price is bounded by parallel support and resistance levels. A rectangle exhibits a period of consolidation or indecision between buyers and sellers as they take turns throwing punches but neither has dominated. The price will “test” the support and resistance levels several times...

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DOLLAR INDEX IN retracement level Retracement to a key level creates the optimal situation to enter the market. In the picture below you can notice that the price has pulled back to the key level after a brief push above it. There was no other clear market signal that the price will go down, so this level can be sometimes the only hint for a trader, that’s why...

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The pound/dollar is in an ascending channel, rebounding from 1.245 as a corrective wave, and is now at a strong resistance, from which it exits to 1.2750-

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After (the bearish trend) and the presence of the correction area, the pair took the (bullish trend) with a zigzag line in a channel that bounces back from the resistance lines as shown in the graphic chart

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The technical analysis of the Elliott pair on the daily frame shows that it is in the fifth ascending wave, but the pair is facing a resistance at 135.00.

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The pound is in a descending channel and touched the ceiling of the channel, and here it rebounded to complete its way to the descending channel, its first targets between 1.1800 and 1.1650, in addition to the three successive descending tops

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Elliott waves This is an expected scenario if the dollar news today is positive We notice the five motive Elliott waves, which are followed by a correction from 1793, and gold is expected to reach 1752

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Today, the OPEC meeting, at the very least, will increase production until the price of a barrel decreases On the other hand, today also the report of the US crude oil stockpile, and I expect that the result will be negative because of the high price of oil derivatives and the reluctance of people to use it frequently due to the high prices due to inflation, which...

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The indicator has reached an overbought state and weekly bearish pin bar shooting star many time

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double top pattern first top and 02nd top with nick line break out

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The oscillator is horizontal and has reached a bottom (oversold) allowing it to bounce back to the top - just as the descending channel has completed and it will return to the top of the channel and then the breach to the top

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dollar index bearish trend also divergences look dollar (The direction of correction may turn into the opposite direction) there is divergences chart and stochastic look gold bullish trend Gold has reached saturation bearish Fibonacci 23.60% 1808.712 38.20% 1858.644 50% 1899 61.80% 1939.356 76.40% 1989.288 100.00% 2070 regard