- in Dec 23 CHF was at highest levels since Asian Crisis in 2015 - most likely due to geopolitical dangers in Europe
- since then it rebound to the technical resistance at 0.90 (AB=CD) + Bearish Gartley D point, which has been recognized by the market, not respected yet
- SNB cut rates recently and will most likely continue doing so: the bankruptcies are at...
- markets expect rate cuts staring Jun 24
- positive data from US economy
- USD probably will weaken (temporarily) against EUR, GBP, AUD and JPY
- GBP at strong support cluster: Bullish Gartley D point + ABC correction at 1.25988
- potentially price may rally up to resistance at 1.27500
Bitcoin almost reached an all-time high, but not yet. Wait for it; it will go above the previous ATH from 2021 pretty soon! And what happens after that? A lot of people will start buying the new all-time high, the news will be full of articles, and retail trades will buy the peak. Whales need liquidity, especially on BTC, so they will trigger a massive crash after...
TVC:GOLD currently has bullish divergence after completing a bullish AB=CD harmonic pattern. If the LH is broken, we could see bullish price action on Gold.
Hey Everyone,
EURNZD with our first buying entry that we had posted that turned out to hitting our Take Profit area, now we are expecting the same similar movement. Price has formed AB=CD pattern. In this scenario, price most of the time create a opposite big movement in our case it can give us a nice bullish impulse, helping us to gain 500 pips at least. There...
TIght ABCD which I call a Spring happens from a previous support level.
Also, the level of the reaction we observe is a small gap which is an area of interest where price tends to go.
Weekly is above 20 EMA, Daily as well. Stochastics is in the overbought zone as well.
Now a positive entry bar is needed to confirm the entry.
EURNZD as we explained in our first chart that AB=CD pattern is in process, that turn out to be true. Price rejected and bounce back from POINT 'D' now that price has rejected and breakthrough a consolidated region. We expect price to grow steadily with enough volume coming in New York session. Use the stop loss as described in the chart.
Good Luck and Happy Trading.
Bearish Divergence shows the momentum of Bulls is getting low and a possible downward trend is expected.
Bearish Divergence plus an AB=CD pattern formation will reverse the trend.
I have taken two trades of 0.5% each. In this case, if I lose, I'll lose 1% max and if both trades TPs are hit, I'll make 1.5% so the overall reward is higher while at the same time...
Hello all
my thought about bitcoin ,, as you see in the chart there is high possibility to go to the target > 78500 .
if we didn't break 54500 .
boost it if you like it .
good luck :)
ICP looks very strong from a technical perspective. We can see that we have started this whole uptrend with an impulse wave 12345, which is very good to see if you are an Elliott Wave trader. We are now in a corrective phase, and usually we want to see a liquidity sweep below the previous wave (4). In this case, below 8.5 USDT - that would be a great level to buy...
This coin could become a new meme for the future, there will be a sell-off, my assessment is that it still has a lot of potential in a few weeks if not years, no investment advice!
It dumps because people get scared, I'll keep it regardless if it reaches a value of 0.
After breaking bellow a bearish flag-like consolidation, EWZ reached the contracted objective point at 32.00 in an agreement support zone. Market is now testing the broken line from the downside in a pull back movement. If the broken line can hold the market, EWZ tends to reach the next target in the objective point area at 30.75 - 30.45, which is also an...
I am giving you this information in advance! Just before a huge pump that is going to happen very soon. Why? We have a very long accumulation phase by whales on the weekly chart (670-day). Usually, after such a long time, there is a great expectation for such a move. From the Elliott Wave perspective, we have a bullish (1)(2)(1)(2) combo (nest) which is pretty...
Dear Traders,
Our first entry turn out to be successful, now we are eying for second possible entry. Price is extremely bullish and there is very much likelihood that price might not come to area. If it does then it become really a great opportunity to buy swing holding. What is your opinion on this?
comment down below!
Introduction:
Shiba Inu (SHIB) has captured the attention of cryptocurrency enthusiasts with its recent price movements. In this technical analysis, we'll explore the potential for SHIB to reach the level of 0.00004807 against its trading pair. Utilizing key technical indicators, we aim to provide insights into the possible direction of SHIB's price...
