as you can see this could be a huge Symmetrical triangle, like in the case of Bitcoin and S&P this means a change of trend, and a potential 120%
Greetings Traders, As we look forward to the upcoming week, our focus turns to NZDUSD, where we are actively eyeing a potential buying opportunity around the 0.62300 zone. Engaged in an uptrend, NZDUSD is exhibiting a sustained upward trajectory. Simultaneously, the currency pair is undergoing a correction phase, steadily converging towards the trend at the...
Hello,Friends! SILVER pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 3H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 24.052 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely....
Bullish moves from gold on the long term charts. Cup and handle is formed and i doubt this stops and goes back down from here.
Once the last theory busted it was a return to the drawing board. I am now postulating we are back in Cycle wave B which I thought had been completed as initially forecasted during the summer 2023 (high was end of July). Not only was 4607 busted a few days back, it was blown out of the water today. What does this mean? With Cycle wave B now being larger than...
Hello,Friends! GBP/JPY pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 1H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 180.937 because the pair oversold due to its proximity to the lower BB band and a bullish correction is...
Hello,Friends! Bullish trend on AUD/CHF, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 0.583. ✅LIKE AND COMMENT MY IDEAS✅
SNX is showing a clear bullish accumulation structure. After breaking above resistance and confirming it as support our next real target is 7.7 dollars. The chart is really simple, and I wouldn't enter a leveraged long here. However, if you have a long term goal of holding certain tokens this one has tremendous upside and looks incredibly bullish. I'll see you...
Greetings, Today we are looking at Orion (ORN). This coin recently broke out and has an overall bullish momentum. Based on performance of the previous bull market, this may reach new all time highs and if adopted, the project can be very valuable in the long run. Here is the report on the selection criteria. 1- Project Status = Active 2- Industry = Defi 3-...
Greetings, BTC has been struggling to breakout and then stay above $44K. With time since the previous move above $38K resistance, the top trendline has been descending. Along with that, the recent bounces have created an ascending bottom trendline. If we extend this bottom trendline back, it aligns well with the previous resistance very well which makes it a...
It seems madness to talk about making a new ATH these days with such a panic in the market due to FED's decision to raise the rates .Please follow the analysis to see if this is really a madness or just being realistic without caring to much about emotions , feelings and NEWS !. What I am proposing here on the chart as wave count is what I can see as...
Hello,Friends! SILVER pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 24.389 area....
Greetings Traders, In today's trading session, our attention is directed towards NAS100 as we actively monitor a potential buying opportunity around the 16900 zone. The NASDAQ, emblematic of technological prowess, is currently navigating an uptrend, signaling a sustained upward trajectory. Simultaneously, the index is undergoing a correction phase, gradually...
Greetings Traders, In today's trading session, our focus is on AUDCAD as we actively monitor a potential buying opportunity around the 0.89600 zone. Operating within an uptrend, AUDCAD exhibits a sustained upward trajectory. Simultaneously, the currency pair is undergoing a correction phase, gradually converging towards the trend at the critical 0.89600 support...
This week i adviced to keep selling under 2070 big resistance after confirmation. Although we got some rejections bulls manage to push back to the resistance zone. I told everyone the moment 2070 breaks with confirmation we need to add buys. SO eventually gold broke 2070 and i instantly change strategy to adding buys. WE took great profits from here. In the...
Ugh.. My freakin pancreas.. Are we there yet? Are we there yet? Are we there yet? We're just about there, I think.. HELLO, BULLRUN!!
So, after tracking the PERP retracement all day, the fun's about to start. Anyone that misses this will regret it.. I missed the long entry by $0.03 something Will try to do better this time round.. )) Time to go long.. Enter at current level ~$1.1520 with no more than 50% of your intended trade size. Will let you know when to scale it up..
I've created a video explaining the importance of whats going on here but as you can see in the chart it's great when tp suggestions align with previous important price levels