Good morning Traders, OANDA:XAUUSD is currently poised to attain a new peak, with a notable resistance range between 2015 and 2020 ahead. During the New York trading session, a robust bullish momentum emerged, resulting in a breakthrough in the market structure, reaching a high for the day at 2007 . 📈🌟 Anticipating a retracement to approximately 1990 -...
I'm bearish on EURUSD today because in higher timeframes (daily, four hours, one hour, and thirty minutes) the price is rejected from the upper side and it's at the supply zone. Also, got a rejection from Fibbonachi 38.20 with a 30-minute big engulfing candle. So, all the confluences are in my favor that's why, I'm bearish today at least for 1:2 RRR. This is not...
I see GU going down to .23 level,reason being that i see rejection on the .25500 area and came really close to my 50 percent fib plus another rejection on the previously drawn ascending channel...so lets see how it plays out n hope it pops...lol 🕊️✌️
CME_MINI:NQZ2023 - PR High: 15970.00 - PR Low: 15942.50 - NZ Spread: 61.5 Key economic events 08:30 – Core Durable Goods Orders - Initial Jobless Claims 10:30 – Crude Oil Inventories 14:00 – FOMC Meeting Minutes Last full trading day of the week - Market closed tomorrow for Thanksgiving Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47%...
Stay away from those people who try to disparage your ambitions. Small minds will always do that, but great minds will give you a feeling that you can become great too.
Here we have a fib channel. I have removed most of my other levels and only left the relevant ones in order to clean up this idea. It appears there is a pattern to PLTR price action under certain conditions. When PLTR is oversold on the RSI(see light blue line the blue arrows point to) and rejects the 707(pink line) channel level it retraces to the 382(light...
Solana has experienced a strong growth from $17 to $68. Currently, the price has stabilized, and the selling volume is increasing, indicating that there may be a correction. My idea for this period is to wait and buy at Fibonacci retracement levels. We can gradually buy at $48, $42, and $36. The target for the next price increase will be $85. Keep an eye on the...
AMEX:SPY November 22, 2023 15 Minutes. As expected 452 levels gave good support. Now we have 9,21,50 averages converged. 100 at 452 and 200 at 448. As can be seen, the bottom of the channel has given support nearly 7 times. Holding 452-452.5 levels I have a target 455.5-456 levels. 451 should give support being 100 averages. Now the short below 451-450 is...
On 4H TF Solana has completed the reversal pattern which is Head Shoulders My view for this target at $43 and further $39 Solana has the resistance at $57 wait for decline to trade Time will tell
I was able to sell off my ilv on coinbase right as this dump started, but with the impending game I am looking to have exposure. I re-entered on the dashed red line since there was a decent amount of support here. The RSI is showing a higher low and emas are starting to open back up. This was a rejection of the .114 fib as well. I still believe the handle is...
Today I gave you two trading signals. The first was to short gold in the area near 1994, and then close the position near 1985, making a profit of nearly 10 points;The second is that after gold broke through 2000, we continued to short gold around 2004 and 2007. Although gold has not touched the 1995-1990 area, my expected profit target, gold has now fallen back...
The whole number effect is evident here, see orange circles. With a commodity in price discovery mode every four years, every four years traders sell bitcoin gains for whole portions of gold. I would say if someone hodled 1 bitcoin through a three year crypto winter, then suddenly it was worth 1kg of pure gold, they might be tempted to do the same. This informs...
GOOD ELLIOTT WAVE PATTERN OGN looks promising; we are just at the beginning of wave 2 (which typically produces the largest bullish movement), and this is accompanied by the fact that on the weekly chart, it is entering a zone with strong buying pressure. SL & TP Indicated in chart Manage your leverage responsibly
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! AVAX 1H update. In at 22.624. Got close to my stop but kept me in. Want to see how the next 12hrs print to see where its at. But this is what I am looking for....
the 2.618 golden ratio extension for the next crypto cycle implies a price high enough to multiply an investment by over a hundred.. I claim this will happen by 2028
of this wave which has not cleared a high - we are looking at it's golden ratio. evidence suggests this level could be reached, but would not presumably decrease past 0.5 level.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! #SOL update. Short since 63.72. Would not mind 51.12 break, for clarity’s sake. Elliottwave degree wise. Going to wait for an impulsive reaction before long,...
Swing Trade: -Trading w/ the trend: Longs -Valid Demand Zone around 70% fib level: Unmitigated + Discount level + Broke Consolidation with Imbalance -Liquidity Formation: Equal Lows just before the Demand Zone Remember to keep your analysis simple. Let me know your thoughts!