Dear Valued Investors, O n the financial markets, we find ourselves immersed in the story of Gold (XAUUSD), a tale of resilience and growth. Since November 13, 2023, Gold has gracefully embraced a bullish trajectory, dancing its way from $1928 to a harmonious $2002. This surge reflects the prevailing positive sentiment within the market. O ur cherished ...
According to breaking 2021 support, Indicators seem to do divergence and waves look like Triple Combination (Not confirmed), wait for the price action. (May retest 1680 as sideway/bullish) OANDA:XAUUSD
USOIL - Elliott wave – update - combination flat minute ((Y)) to minor 4 invalidation impulsive wave over 84,95
The combination has taken place. Wave (C) of ((X)) is unfolding in 5 waves. Wave 2 of (C) is to complete. we are going to ride on wave 3 of (C) Important Key levels: 102.99 99.43 88.5
First of all, I would like to thank @TradingView for this chart combination! XAUETH is approaching its all time low around 1.00-2.00 so we will be looking for buy setups! knowing that this one can still dive inside the zone, reach level 1.00 before going up For XAUETH to go up, there are three scenarios: 1- GOLD UP, and ETHEREUM DOWN (best case...
First of all, I would like to thank @TradingView for this chart combination! As you clearly see, on Daily timeframe XAUXRP is sitting around a strong rejection/resistance area (11k to 13k in red) So a bearish movement would be expected from here, knowing that this instrument can still dive in inside the red zone before going down, but it is a good area to start...
A double three elliott wave combination(WXY) containing a barrier triangle (a-b-c-d-e) and a flat (3-3-5). Wave C of the flat is the biggest and most complex to achieve a type of alternation. An ending diagonal always appears as wave 5 of an impulse or wave C of a zigzag or flat. In this case wave C looks like a diagonal. Target for wave C: .5 fib.
After the mid-December sell off, Bitcoin has been desecrated all over the media and has pushed the price down to levels from last November. Considering where we were this time last year, this is still a great place for us to be and us Crypto Enthusiasts know that Bitcoin is here to stay, and its technology can change the world. For this reason, I think another...
I pointed this one out from the break of the high. Gchf and Echf look like they have begun downtrends. I will be looking to take gchf ultimately down to trend line, possibly further, but that depends on how it goes down.... No TP. Stop in profit or break even letting run, otherwise sell flags. I expect Echf to probably make a 23-38% retracement from this area or...
Even if this is a (B) wave rally, the share price could re-test the previous high of $3.6 or retrace 90% of (A)
Now there are 3 ways this structure can develop and the result is same; long term buy setup. But at the trading perspective, you have to have an appropriate strategy for all of them and you have to know your stop loss, target and when to enter...
SHOULD RALLY THIS WEEK TO>95 IN RED4, THEN SELLING SHOULD RESUME TO COMPLETE RED5 OF (Y)WAVE TO ~85,THEN WILL PROBABLY START ANOTHER (X)WAVE RALLY - WE SHOULD EVENTUALLY SELL DOWN TO (Z),THE PREVIOUS WAVE (4) LEVEL OF ~$56 !! RETRACEMENTS USUALLY GO DOWN TO THE LEVEL OF THE LESSER DEGREE WAVE(4) , ALSO PRIMARY REDWAVE II WOULD BE AT THE FIBONACCI 61.8% RETRACE OF...
this corrective pattern looks like a double combination. Momentum is shifting from down to upside. i will buy if it breaks above d wave of triangle.
i will be looking for buy opportunities next week the overall trend is downside, but it seems that this correction phase is about to end with a double combination structure ending with triangle and MACD divergence tells that upside momentum is increasing. because its a counter trend trade, and the movement to upside will be another correction phase, we have to...