The GBP/USD pair has been trading bullishly since April 24th, which we are identifying as a Motive Pattern. The current movement, starting from June 10th, appears to be an incomplete wave 5. So far, we have observed three sub-waves and anticipate two additional legs that will likely drive the price towards 1.2900 in the coming days.
We have predicted the path of the image for the Euro But if the price breaks 1.07231, this scenario will be canceled
Since the COVID-19 low in March 2020 at $155, Broadcom has seen an incredible surge, similar to Nvidia's performance. The stock has skyrocketed by an astounding 840% since that low. This massive run-up makes the analysis challenging, but we've identified the Wave (1) and Wave (2) structures of this upward movement. The internal wave structure is not clear, making...
Hello, friends. Nice to meet you I'm going to tell you about the USDT domination that shows the direction of Bitcoin and Altcoin Based on the impulse wave, we expect to be making 5 waves now, and we expect the target to reach 3.35% to 3%. The waves look very pretty, and you can now trade by referring to this chart Bitcoin and altcoins fall as usdt.d rises...
Technical Analysis of Ashoka Buildcon Ltd. Overview: Ashoka Buildcon Ltd. has recently demonstrated a bullish breakout from a classic Cup and Handle chart pattern, supported by robust trading volumes. This pattern, known for its bullish implications, suggests a strong potential for continued upward momentum. Volume Analysis: A noteworthy observation in the...
XAUUSD possible trending up for wave e ( Blue circled) on an expanding triangle in wave B (red).
It is expected that it has finished the c wave and is in the process of targeting the d wave from a triangle... d-wave is expected to be targeted at 28-29 zones..
New Zealand dollar (NZD) is declining against the US dollar (USD) since the end of last week when the US dollar surged following strong and unexpected jobs data, despite the US unemployment rate rising to 4%. Analyzing the updated wave structure, we observe that the price is trading outside of the upward channel, indicating that a correction is taking place. This...
AMEX:SPY June 12, 2024 15 Minutes Looks like AMEX:SPY has sorted out the 532 levels for the moment. It tried to break today and ended up in holding and making 537 ATH. Hence considering 532.04 as new low the rise to 534.77 retraced 50% of the move. And now wave 3 in this move looks like in motion for a target 540-542, provided 533 is held. For the day,...
I assume triangle pattern is forming from support level $166.58 to resistance level $200.29
Hello friends Brent oil is completing its 5 out of 5 wave. Currently, waves 1, 2, 3 and 4 have been completed. Wave 1 of 5 and 2 of 5 have also been completed. Therefore, wave 3 out of 5, which always has the largest growth or changes compared to other waves, is being formed. If we want to create a trading stop, we can enter a trade buy at around $82 with stop...
ENPH isn’t NVDA ;) It took a while for it get consolidate and build some momentum. It’s so tight here and we can see explosive move like FSLR Target #1 160 Target #2 200 Target #3 230, after a while Stop loss - 105
Bitcoin is continuing its macro re-accumulation phase between 72-60k. The W macd is negative, which is indicating a possible longer consolidation period. Price still remains above the W21ema, currently at $61,100. Bulls are still in control of the macro trend. However, bulls need to continue to support the $60k level, and avoid a monthly close below $60k in June. ...
My bullish case for ETHUSD would have a completed impulse off low of 2814.12 for a wave (1), completed zigzag (with leading diagonal A) for a wave (2) with support off of pitchfork and .5 Fibonacci retracement.
Analyzing the Deutsche Bank AG on the German Stock Exchance XETR, we observe a repeating pattern involving two trend channels. In both instances, the trend channels were respected and behaved as expected. In the first case, the price exited the trend channel and then retested it almost perfectly. In the second instance, the price overshot the trend channel...
Bitcoin appears to be forming a combination with one zigzag already complete. There exists a good shorting opportunity with the wave X pullback.
Since our last analysis of Oracle on the daily chart, there has been little significant change. The stock moved into our Wave (B) zone between $128 and $138, and after reaching a high of $132.77, it was rejected. A trendline was broken but quickly reclaimed, suggesting a potential push upward. We anticipate Wave 3, the subordinate wave, to find support around $91...
Oil may be nearing the end of wave A. If so, soon we should see a decline before the next push up to complete the contracting triangle of intermediate degree.