Recently, I have been emphasizing that gold bulls still have room to support the rise of gold. Today, under the influence of the positive initial unemployment claims data, gold rose sharply in the short term and broke through multiple important resistance areas, reaching a maximum of around 2339. According to the current structure, gold faces short-term...
GODS is trying to paint a bottom with a sign of strength. Now retraced and testing the major golden fib at .3667. Break and retest for next leg up, or reject to new lows. ================================================= .
waiting to see if price will retest previous highs or do a sweep up before falling.
OANDA:XAUUSD XAUUSD Fractals Market algorithm fibonacci | algorithm | fractals
TMG have showed positive signals during the previous sets. So, we are waiting it to correct backward to the golden zone, to get long with a but entry. TP are marked with blue.
In time 2W, after an ascending wave and a double correction at the bottom of the channel, after successfully exiting the concentration, it is moving towards the specified targets. This upward wave is due to the structure in wave 3, whose micro waves will be presented in the next updates. But this upward move will have the ability to reach at least $0.58 and $1.2...
Hello everyone, let's look at the 4H MATIC to USDT chart as we can see that the price is staying on a lopsided uptrend line. Let's start by setting goals for the near future that we can include: T1 = $0.73 T2 = $0.76 T3 = $0.79 AND T4 = $0.82 Now let's move on to the stop-loss in case of further market declines: SL1 = $0.67 SL2 = $0.64 AND SL3 = $0.56 When we...
I actually would like to see MSOS move upwards. The only thing that has me worried is this ascending wedge that is pretty obvious. Classic move downwards to the .786 Fib around $6.28 range. The only thing that would catapult it up would be the reclassification to Schedule 1. I would like to see it break and test the ~$12 area. The is not trading advice, just...
I think that shop sec will go first to 100+ and then it will correct Now time is good time for an easy profit This not an advise to buy its just an idea presented for lovely community
Hang Seng at an important level. If we can get above the 236 shown here and hold the rally may continue. Next big resistance will be the weekly 200 MA. Trading ZCH Canadian ETF for this one, looks a bit different but follows closely.
We can attempt to buy NATF from specified level as 0.5 FIB level intact , also there is no bearish divergence at current levels indicate that it move upward . SL , TP mention in chart.
So, in the last days I'm building a new long position in MSTR. Technically I should wait until the 38.2 fib retracement is broken to the top. But I'm partly entering already around current prices and got a limit order waiting at the next gap around 1,150. Let's see how this works out. ;)
CME_MINI:NQM2024 - PR High: 18237.25 - PR Low: 18215.75 - NZ Spread: 48.0 No significant economic calendar events Closing with week with another low vol session open - QQQ holding same daily gaps - Prev session inside print - Holding near prev session and week highs Evening Stats (As of 1:45 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) -...
Mochi was suffering from a dead cat bounce (use 4 hr and above) and as learning also when to buy on these dips because it's damm tricky, the best time seems when it going sideways, less wicks at the top and see those three fan trendlines, the third white line trend when to wait to buy and get back in I use Fib extensions (An extension greater than 1 - check...
Now that NASDAQ:META has closed above all EMAs on the daily, is it time for long calls? MACD is still negative but now over the SMA on the daily with healthy RSI trending within the ichimoku cloud. Looking for a retest at the Golden Fib Retracement level of 486.80. If we break through that $500 should be inevitable in the long call.
Reasons for bullish bias: - Price gave resistance breakout - Price bounced from 0.5 fib level - Positive Earnings - TP below the next resistance Here are the recommended trading levels: Entry Level(CMP): 5.47 Stop Loss Level: 4.59 Take Profit Level 1: 6.07 Take Profit Level 2: Open
MU appears to be forming a Bull Flag here but at the same time SEMIs getting weaker one by one with guidance down or earnings miss etc, I see a short opportunity with a less resistance to the downside. Short once the bull flag fails Traget#1 105 Target #2 100 Stop Loss - 124
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.