💡Bitcoin started to rise after the Spot Bitcoin And Ethereum ETFs were Approved In Hong Kong but failed to break the 🔴 Resistance zone($66,100-$64,500) 🔴and created a Bull Trap . 🌊According to the theory of Elliott waves , Bitcoin seems to have completed 5 downtrend waves in the 15-minute time frame . 💡Also, we can see Regular Divergence(RD+) between ...
Good morning Traders, My setup for today is ready to roll! Apologies for yesterday, guys! 🙈 Life had me on the move, and trading had to take a backseat while I was out and about. But today's looking chill, and I'm feeling optimistic about snagging a trade or two and locking in some sweet profits! 💰 Let's dive in and make today a success! 💪 Let's go! 🚀 ...
CME_MINI:NQM2024 - PR High: 17916.00 - PR Low: 17896.00 - NZ Spread: 44.5 Economic calendar event: 10:30 | Crude Oil Inventories Prev session closed flat - Maintaining 50% of prev session range - Above Monday's close Evening Stats (As of 12:55 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 277.30 - Volume: 28K - Open Int:...
AMEX:SPY April 17, 2024 15 Minutes. Consolidation day. Today is Wednesday. I am expecting a one sided move. For the fall 506.5 to 502.61, AMEX:SPY retraced 78% and fell at close. For the two lows 502.43 and 502.22 we have oscillator divergence. I believe the uptrend for that divergence is over from 502.2 to 506. Today action will be above 507 or below...
Introduction: The XAU/USD pair exhibits a compelling narrative of bullish tenacity as delineated by its Fibonacci retracement adherence. Engaging this commodity with a tripartite long entry stratagem offers an analytical spectacle, particularly for the enthusiast with an eye for harmonic patterns and momentum indicators. Technical Analysis: Chart Patterns: A...
Analysis: AUD/USD's technical posture suggests continuation within the established descending channel, as price action flirts with a critical resistance point near the 0.382 Fibonacci level. The encroachment into the overbought territory by the RSI advocates for caution among bulls, potentially teeing up a favorable bearish entry. The outlined strategy proposes...
We got a decent reaction from the .618 fib level Currently, we can see that $5.20 is acting as the immediate resistance If we can hold 4.90 here, there's a chance we can fill the lower timeframe inefficiencies around 6.30 to 6.50
NKLA had news this week with the litigation over the Badger brand. The news is over and the real trend is hydrogen stations in California and perhaps Western Canada impacting the buildout of infrastructure with the help of Biden administration handouts. NKLA has corrected and fallen into the support of the Fib retracement. Zig and zag I look to enter a long...
Looks like ONGC will try to test 229, lets see what happens
Dear friends, in addition to being exciting, it is still so good. Today we went long gold at 2370 and 2365, all of which hit TP and made considerable gains! Today, gold has retreated to the 2365-2360 area many times. When the adjustment of gold is over, a new round of upward movement is inevitable. After gold has deeply stepped back to the 2363 position, the...
Dear friends, in addition to being exciting, it is still so good. Today we went long gold at 2370 and 2365, all of which hit TP and made considerable profits! Today, gold has retreated to the 2365-2360 area many times. When the gold adjustment is over, a new round of upward movement is inevitable. After gold has deeply stepped back to the 2363 position, the...
OSK just hit a double-fib at 125.42/52. Both are Golden ratios (.618 multiples). Could double top here or break and run. . "Double Top" as in the previous rejection exactly from this double fib: Perhaps not exactly a double top since it had gone higher, but a major barrier nonetheless. . If it breaks the $125 fibs, it could run to $143-145 very quickly: So...
Dear friends, gold as a whole still maintains a high and volatile trend. On the short-term level, gold has fallen back to around 2363 after failing to break through 2390 many times. Will gold continue its downward trend and re-enter the short trend? In fact, judging from the current overall trend, the roller coaster pattern of wide market fluctuations has...
Hello everyone, let's look at the 4H BNB to USDT chart, as we can see the price is approaching the lower border of the horizontal trend channel, which is located in the support zone from $517 to $486, while a break from the bottom of the channel and a drop below this zone can give a strong downward movement towards the support level of $396. Looking the other...
Sometimes, you have to see the things from a different perspective, the chart of Gold against major currencies, writing this on the chart: "" TVC:GOLD/((FX_IDC:CHFUSD+FX_IDC:EURUSD+FX_IDC:GBPUSD)/3) "" you can observe that the price has successfully broken out from a long accumulation inside an ascending triangle and that it's about to break the all time high...
I am looking for AUDJPY towards the upside after price move back into our EMA & reject twice. Potential Long opportunity on AUDJPY Pat attention to price action & the market structure.
In this analysis I want to discuss the possibility of Bitcoin forming massive cup and handle pattern, spanning over nearly 3 years. With the halving coming up, Bitcoin's short-term price outlook has turned out sour. With this signal I want to prepare ourselves for the possibility of Bitcoin giving away all of 2024's gains and retesting the 40k-35k area. My...