rising wedge breaking out ?! interesting based on last BTCUSDT analysis we expected falling down but first btc went up to 40500 near the 100 D Ma (40736) and then rejected soo bad (see that damn shadow 😂) Which ACCIDENTALLY :) has broken out our rising wedge
so as you know it's a bearish sign ( I'm talking about short-term)
so the C wave I talked about is going to happen :)
it could return sooner than we think (36400) take profit in major R
Good luck
Thanks for your attention
Eliotwave
Solano needs some rest , doesn't it ?HELLO my friends ✋
Hope you all have a good weekend
after a 18 days wave I think now is time of correction
and also it's rejected from a major weekly resistance
the price could be fallen to 0.382 to 0.618 fib which I pointed out in chart and then (probably) we have the third wave
and as I expected and told you in past analysis btc also needs some rest
sol/btc chart also say the same thing to me it made a H&S pattern which is not a good sign in short-term.
I wont open short position but you can (maybe i will 😂) . I closed my last long position with 5 % profit
have a nice time
support me with your like and cm your opinion
GOEV Wedge Breakout for 15% gainThis is a clean wedge with a favorable RR for a short term trade.
We are seeing similar setups on other SPACS. ie. QS backtesting the wedge breakout.
GLong
DXY (Dollar Index) | The best area for price returns📍Hello traders, Dollar Index in 1 Hour Timeframe, this analysis has been prepared in 1 hour time frame but has been published for a better view in 2 hour time frame.
As in the previous analysis, I said that the price in the form of wave 3 could reach Fibo 1.618 on its own, and we expected it to have a small correction before this move, but this correction was done at a lower price.
If the index does not continue this correction and its side motion is less for wave 3 microwaves, it indicates the strength of wave 3 and increases the possibility of breaking Fibo 1.618, in which case wave 3 is of the extended type.
If wave 3 microwaves have a small ascent after a side mode, it indicates the formation of wave 4 at the channel ceiling.
If the channel floor is broken, this analysis will be fielded.
If the bottom of the canal is broken, wave 3 is of the extended type.
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DXY (Dollar Index) | Start downtrend 🔥Hello traders, The dollar index in 1 hour frame, this analysis is prepared in 1 hour frame, but has been published for a better view of the 2-hour frame.
In this analysis, we made a wave c in the 4-hour frame and accurate channel.
Inside the wave, it can be said that the waves are 1 and 2 and now wave 3 is formed.
For wave c , I specified the two targets that the first Target is on the roof of the red channel, which specified in the 4-hour frame, and the second Target is the 1.618 fibe, which is very suitable.
If the black channel is broken, this analysis is a field.
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GOLD (XAUUSD) | The best place to buy for a long time🏹Hello traders, Gold in daily timeframe , this analysis is prepared in daily timeframe but has been published for a better view in 2 day timeframe.
This analysis is based on the red channel and in case of complete failure of the bottom of this channel, this possibility will be completely fielded.
In this probability, waves (1) and (2) for the completed gold valance are inside wave 3, the microwaves of which are forming.
And the red channel is based on wave 3 microwaves.
Inside Wave 3, Wave 4 is completed in a zigzag fashion by hitting the bottom of the channel, and now Wave 5 is forming.
There are two possibilities for starting the upward trend of gold , the first possibility is that wave 5 in 4-hour timeframe probably completes waves 1, 2, 3 and 4 itself in the form of a triangle, and the second possibility completes only waves 1 and 2 itself.
The red motion is for the first probability and the blue motion is for the second probability.
If the bottom of the red channel breaks, this analysis will be fielded.
The best place to buy for a long time is after the price crosses the green circle.
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DXY (Dollar Index) | The best points for correction♻️Hello traders, The dollar index in 1 hour time, as I said in the previous analysis, probably started wave 5, but it can not be said that this uptrend is wave 5 or part of wave 5.
In this analysis, we considered the second probability and considered all the upward waves of the last 3 days as wave 1 of wave 5.
And now Wave 2, Wave 2 in the form of a channel in the form of 5 waves, has reached 0.618 around Fibo, and this shows that Wave 2 is probably a zigzag.
In wave 2, wave A is forming and will probably return to 0.618 after colliding with Fibo, but according to the flag pattern in the 1-hour timeframe, it can move to the bottom of the channel, which is around Fibo 0.78, and from its ascent area to the midline. Start the channel.
Note: If the channel (blue) is broken, care must be taken because it greatly increases the possibility of the end of wave 5.
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DXY (Dollar Index) | The best area to fall📍Hello traders, Dollar index in daily timeframe. In this analysis, the said wave 4 is examined in the weekly time.
As mentioned in the previous analysis, the a and b waves are complete and we are now inside the c wave. And waves 1, 2 and 3 are complete and we are inside wave 4. There are three modes for wave 4:
1- Complex correction
2- Felt correction
3- Triangle correction
According to the chart, we consider this correction to be flat until its flatness is violated.
This plate is forming a c wave.
If the price of putty completely breaks the resistance line (blue) to go to the specified targets.
If the price breaks the red channel floor, the Fibonacci zone will move to 0.618 and we should expect a good reaction in that area.
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GOLD (XAUUSD) | The best place to start the uptrend🎯Hello traders, Gold in 1 hour time frame, in this analysis I examined the red probability in 4 hour time frame.
In the 1-hour time frame, wave -a- is in the form of impulse, and this impulse of wave 5 can be in the form of a leading diagonal triangle, and after the price hits the ceiling of the triangle, the downward trend for wave b begins.
If the roof of the triangle is broken, this analysis is fielded and the green possibility is investigated.
In the fall of the price, after reaching the 1772 area, it enters the ascending phase to form the c wave. If this area is broken, this analysis will be fielded and the possibility of orange will be examined.
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GOLD (XAUUSD) | The best scenario for gold📝Hello traders, Gold in 4-hour timeframe, this analysis was prepared in 4-hour timeframe, but has been published for a better view in 8-hour timeframe.
In this analysis, we examine the probability of red in the daily time frame, according to this analysis, our general trend is downward and this downward is based on wave b correction.
Here are three possibilities to consider:
The blue probability is that the trend in this area will have a correction around the 1770-1780 area and then rise again and then the main decline for the c wave will begin.
The orange possibility is that the price will go even lower after reaching the 1770 area (which I will specify more accurate targets after moving in the next analysis) ... and after this move we will probably see a neutral market We will be.
The green probability is that without any deep correction after reaching the 1840-1850 zone, gold will start its downward trend and continue to move at the right point by neutralizing the b-wave market.
If the 1850 area and the maximum of 1860 are broken, this analysis will be fielded.
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DXY (Dollar Index) | The best places to start a new trend✴️Hello traders, The dollar index in the 4-hour time frame, this analysis was prepared in 4-hour timeframe, but has been published for a better view in 8-hour timeframe.
as I said in the previous analysis, changes completely if the scenario channel is broken, and in this analysis I examined the new scenario.
In the new scenario, waves 1, 2 and 3 are completely over and now we are in wave 4.
According to the angle pattern formed, the new wave will descend at least to the previous floor (Fibonacci zone 0.23).
If the downtrend is strong, the 0.38 area should also be considered for the next target.
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DXY (Dollar Index)|The direction of the dollar index🏹Hello traders, Dollar Index in Daily Timeframe , In daily time, an uptrend has ended and now we are inside the correction waves, and in this correction wave, wave (a) is over and is forming wave (b), and there are two possibilities for wave b.
Wave b can be triangular or flat
Felt: If it is flat, it is better for wave c to move from wave b at least to the end of wave a from wave b, but the main wave b could not correct even 0.38% of the main wave a, and this could increase the possibility of the dollar index rising Increase.
Triangle: If it is a triangle, it should move from the same price point to the bottom green line, and this triangle is confirmed when the Fibonacci zone of 0.618 is broken.
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GOLD (XAUUSD) | Gold ascent conditionsHello traders, Analysis at 30 minutes time frame, according to the pattern of the flag created in gold, we must also consider the possibility of climbing.
The sale of gold is not recommended at all until gold can completely pass the 1790 area, and after passing the 1815 area it will probably move to the next range.
True, the form of this scenario is out of the ordinary, but it does not lose its validity, at the same time it should be considered that wave 5 can be widespread.
If gold rises, the dollar index will move to the specified area (PRZ) and a new scenario should be considered for it.
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