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^GOLD ANALYSIS^
The weekly close makes me think of a continuation long until the 2300 level is decently...
Dear Colleagues, I believe that the price is in the impulsive movement of the senior wave “3” and in the junior corrective wave “2”.
Therefore, I expect the price to correct to the area of 50% - 61.8% Fibonacci levels at 1.07217, then I expect the upward movement to continue and reach the resistance area at 1.08843.
Manage your capital correctly and competently!...
Taking a look at the daily chart, I am looking to go how. However, I want to see how this instrument trades following tomorrow's PMI data from the US.
On my chart I plotted out an AOI level which would be nice to test. If that happens I'll be looking for bearish stalling action on the small timeframes such as the 5 min to scalp a long entry.
That's it - That's...
== KEY TAKEWAYS ==
+ There were four-month lows for the pound sterling relative to the US dollar.
+ It appears that GBP/USD will be vulnerable coming up to UK inflation week.
+ The pound sterling maintains its bearish technical indication target at 1.2400.
The US dollar (USD) continued to lose ground against the pound sterling (GBP), causing the GBP/USD...
Gold Trade Idea
Gold is in periods of consolidation and ranges from 2146 to 2186. The mentioned area will be best for scalping in a short time frame.
But if you want to confirm the bullish and bearish momentum, then go head-to-head for a swing trade above or below the mentioned area of 2146-2186.
The trend on H4 and Daily time frame is still bullish but in...
Hi Everyone!
BTC Update today
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰
The Bitcoin Dump becouse news 10,915 #BTC (474,057,767 USD) transferred from unknown wallet to #Coinbase
Open positions are currently very risky, but if you want buy, i suggest in the support area 41,700 and 40,800
Good Luck Guys!
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*DYOR
CTKUDT is experiencing a fiery surge as the bulls triumphantly safeguard the demand zone.
Before this, a pivotal breakthrough above the descending channel has been observed, marking a significant trend shift.
The current landscape unmistakably favors the bulls, and we anticipate a solid profit potential exceeding 80% in the mid-term. CTK is likely to be a...
⚪ WOOUSDT staged a robust breakout above the supply zone back in March this year, setting the stage for subsequent developments. Although the price has generally trended downward since, a significant pattern emerges with three consecutive bounces off the $0.15 demand zone over the past eight months.
⚪ Recent price action further reinforces a positive outlook. The...
#AUDUSD SELL BIAS:
We predict with our technical analysis that this pair has more potential to go bearish. Last week was a perfect setup for short term buys. However, coming week, this may reach the bottom of course all depends on how the market reacts on Monday.
LTCUSDT is correcting off a super strong down move and break out of range. Following the Trinity Trading setup, continuation is probable. Looking short here for 3R and a test of lows. Trigger is a break of the previous low bar.
ETH setup for the most pure and beautiful long, yesterday.... that didn't work. And.... I will take this trade exactly as I did, over and over and over again. lol...
ETHUSDT is ready to break north and head higher on a break out of this small consolidation. If it falls away again I will pull it; as it will have more to flush lower.
Looking for downside intraday with leverage with a LTC short. LTC could not hold the upside push as the VWAP from highs has kept a lid on it.... a break under the horizontal vwap should trigger a flush down to roughly the 90.10 area.
