Gold is Short till spotted area in the chart. Wave 1 scenario is more probable.
CAPITALCOM:DXY DXY H4 Will the market complete a potential ending diagonal pattern before giving a bullish reaction during a CPI session tomorrow 13th December 2022? #Watching closely
This idea shows a leading diagonal motive for a bigger wave a. Wave B should find its top in this region an than start to drop in wave c
Our view about the Bitcoin situation. The corrective cycle that started one year ago is reaching the last stages. Even though the current price could be an excellent option to buy BTC, we still believe BTC will make new lows until it goes down to the 12,000 level and reaches the Inflection Zone (green area) to end the corrective cycle. From there, we expect it...
Hello my friend. I see that we in the "abc" correction and "c" wave move to complete . The 5th wave of "c" be formed and move to downtrend to create .I expected sell/short position at 0.1163
Hello dear friends. We see the bitcoin to formed "abc" correction wave and we in the "c" wave to completed it. I expected for end of "c" at 18196$ and continue the downtrend.
Welcome back! Let me know your thoughts in the comments! **CADJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight...
OFSS is in counter trend rally as a wave ABC, in which wave A and wave B are completed and now possibly we are ready to unfold wave C of B retracement in daily time frame. Price is in upper part of Bollinger band in daily Macd in daily positive crossover and Uptick Macd in weekly positive crossover and Uptick Rsi in daily above 60 uptick Dmi adx also...
Hello traders, today we want to share our view of the EURJPY. The long-term cycle is bullish and we believe there will be at least one more swing high or, in other words, another bullish cycle. This idea has the target of taking profit from this bullish cycle, There are two potential paths as we showed in the graph 1- Our forecast is that EURJPY will have to...
Hello traders, Today we want to share our view of the GBPUSD. The long-term cycle is bearish and we believe there will be at least one more swing low or, in other words, another bearish cycle. This idea has the target of taking profit from this bearish cycle, There are two potential paths as we showed in the graph 1- Our forecast is that GBPUSD will have to...
While Crypto’s reputation has been undermined in the past, the speeches for their lifetime, their real value, and eventually their price, give investors enough ‘food’ for estimating where they could go under the recent circumstances after the collapse of FTX. There are many opinions heard from distinguished economists to big investors who say that Cryptos can go...
GLOBALPRIME:NAS100 TRADE PLAN INSTRUMENT: NAS100 TIMEFRAME: H4 DESCRIPTION Looks like the market develops a Bullish BAT pattern. A plan is to trade CD leg as it develops. Entries and take profit levels depicted on the chart. DISCLAIMER:Charts are educational not investment recommendations
4th wave pullback(upside) is started in Hongkong index from 1st Nov'22 wait for correction until 14th of Nov, provided 15880 should be protected (SL) After B wave correction ,if limited to 15880 then buy a ticket after 15th Nov for your upward journey till Jan23
Price action and chart pattern trading > A possible ending diagonal minor 5-wave with a bull flag pattern as well as RSI bullish divergence > An upcoming reversal supported by a strong harmonic pattern - bullish deep crab squeezed below EMA20D - Entry point zone > Target TP1 @ Upper bull flag resistance zone +30% and TP2 @ X2 of Bull Flag EMA200D zone +60% > Stop...
The 5 th wave fall on 3rd Nov'22 had not moved down the index significantly. hence we must recall the wave count that ,the correction (5 wave downfall ) is completed in the form of a neutral triangle abcde. Provided the low of 3rd Nov'22 (3698) respected(should not break). If this is so, until 11th Nov, all 5 waves of Expanding triangle A,B,C,D,E has been...
Price action and chart pattern trading signal > A bullish scenario 4-wave triangle with a local bullish pennant breakout in triangle formation - D-wave uptrend > price bullish momentum SMA20 X SMA50 and MACD X baseline > Target 5 wave @ bullish pennant pattern = 1.618 extension of current 4-wave +50++% from expected E-wave support line. > Stoploss @ C or A wave...
Buy audusd Looks juicy ! we are in wave 5 , it will go higher highs above wave 3 . expecting target 1.618 fib extension
(1) 🔬 Dividing the GBTC price by the BTCUSD price, we have this chart in a downtrend. This indicates that GBTC has underperformed Bitcoin. 🟢 The price spent most of the time in the green rectangle, threatening to break out several times. In March 2021, GBTC broke out of this rectangle. 🟣 Projecting this rectangle downwards, in a new purple rectangle, we have a...