Ethereum is looking for a bullish resumption on a daily chart, but after current (A)-(B)-(C) correction which can be still in progress after recent three-wave corrective recovery. Looking at the 4-hour chart, we are tracking final wave 5 of a five-wave cycle within wave (C), so be aware of another, maybe final drop towards 1500 - 1400 area before market finds the...
Hello,Traders! DXY is trading in an Uptrend but now the index Is making a local correction. However, a horizontal support Is ahead at 105.700 from where I think we will see a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
We can expect a bullish push from the USDCAD this upcoming week to complete the 5th wave. We touched the 38,2 Fibonacci retracement level. Keep in mind that waves 1 and 4 never overlaps that allows us to have invalidation level.
Silver is currently in wave 2, which appears to be a 335 flat correction. Wave A had 3 waves and now we're in wave B where we're expecting another 3 wave structure. It appears as the bottom is in so we can use the lows as invalidation level. Trade Idea: - you can either enter now with stops below the lows - Or wait for a pullback (retracement) and enter with...
✅SILVER was trading in a Downtrend but now we are Seeing a breakout from the Parallel range pattern and The breakout is confirmed So I will be expecting A further move up on Monday LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The price is in a bearish zigzag correction pattern. Often times waves A and C are equal so we can expect wave see to further drop as time progresses. The wave C is a potential Ending Diagonal pattern the wave 2 is most likely over as we touched the 61,8 Fibonacci retracement level.
Price is trading in an impulse phase, projecting a potential wave 4 minor drop then making a wave 5 high. Wave 2 retraced more than 61,8 Fibonacci level which tells us that wave 3 will complete at 2.618 Fibonacci extension level. Often wave 4 retraces 38,2 of wave 4. Also, keep in mind a base channel.
FX:USDCAD is forming an impulse from the base of the ascending price channel. When breaking through the resistance mentioned earlier, we see active strengthening, which is also supported by the fundamental component The TVC:DXY is in a bullish trend, as evidenced by the weekly chart on the left. The price is chasing a rise towards 107.5, which will make the...
✅GOLD has been falling all This time and is clearly Oversold now so after it Retest the massive Horizontal support level Below at 1810$ I will be Expecting a bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! CRUDE OIL fell down Sharply but will soon hit A horizontal support From where I will be expecting A bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅CRUDE OIL is trading in an Uptrend and oil tried to break A strong horizontal resistance Level of 93.64$ but failed so It seems that the bulls are not Strong enough yet which Combined with the fact that Oil is clearly overbought makes Me expect a local correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅After the retest of the of horizontal support of 1857$ It makes sense to expect a bullish correction As GOLD is oversold and the market players Will be taking profit from the level Fueling a buying wave LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GOLD fell down sharply And has retested a Horizontal support level Of 1855$ from where We are already seeing a Bullish reaction and I think That we may see a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Bookmarking this analysis for future reference. Average purchase price: 308. Solid year for the company with new AI integration into products while showing willingness to learn from defeat and flat out purchase Figma, great long term thinking on this one (hopefully the deal gets approved.....when will it get approved?) Markets are correcting tho, and giving back...
✅SILVER is approaching a Strong support level of 22.2$ So despite some bearish vibes That we are catching from Silver I still think that we Will see a bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
SP500 has been bullish most of the year; a trend that can resume after a corrective pullback that is underway now, seen in wave 4 on a daily chart. However, wave 4 should then be made by three waves before correction can come to an end; which is not the case yet, as price action down from 4600 can be ongoing impulse; ideally sub wave 3 of (C) now, so more weakness...
Hello,Traders! GBP-NZD is falling sharply And the pair is clearly oversold So after it retests the horizontal Support level of 2.0423 I think We will see a bullish correction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Emerging markets show a corrective decline for stocks from technical point of view and from Elliott wave perspective. Emerging markets chart with ticker EEM made sharp an impulsive rally at the end of 2022, which indicates for more upside after a corrective a-b-c setback that is actually still in progress since the beginning of 2023. So, for stock market support...