FX:XAUUSD is showing strength as a hedge asset. The price continues to indicate to us that it intends to go even higher. The market is cleaned up after the shakeout and the big player continues to play his game. (Idea from Apr.16: GOLD → There's no limit to the bulls' activity. Support retest) Bulls form another intermediate bottom at 2365, building a limit...
Dear friends, gold’s short-term rebound has reached a maximum of around 2394, approaching the 2400 mark again. Then gold seemed to feel a little exhausted, so it failed again and chose to fall back. Gold is currently trading around 2381, so does gold still have room to conquer 2400 or even higher? Although gold has stopped below the 2400 level many times in...
Waves looks like it could jump. Im not really into patterns such as cup and handle but this one has a lot going for it. Watch for rejections at key levels.
Dow. Will be bullish above 37926 Target 1 38092 Target 2 38149 Target 3. 38203 And you can take sell attempt near to 38203 with small sl 40 point
The rally that happened in the Cable due to the news has seen a follow-through that created the Bullish MH3 (Green Wave). This trend however has been weakened by the pullback of Structure 4. This price has traded below the prior Structure 2. Having said that, the price is still firmly trading in the Buy Zone of the Fibonacci measured from the low to the high of...
Starting with Dogecoin on the Monthly Chart, we're observing a potentially lucrative opportunity. The subordinate Wave ((iii)) has completed at the precise 161.8% extension level, and it appears that Wave ((iv)) has concluded within the 38.52% retracement range. A notable detail is the wick of the current monthly candlestick reaching down to close the...
I move stop loss to breakeven. I am in profit . My entry size was small . I like to keep the position open to either hit SL or TP.
OANDA:EURCHF is showing weakness in its recent bullish rally. It has broken the last Higher Low of uptrend along with violation of strong ascending trendline. It may retrace towards fib 50-75% levels before continuing it's down trend, that's where we can look for short opportunities
On the two-hour timeframe, the clarity of the market movements for BINANCE:RUNEUSDT becomes even more evident. The end of Wave ((i)) is marked by our high at $11.47. Following this peak, there has been a consistent downtrend, punctuated by a brief corrective phase—this is typical market Elliott Wave behavior. We potentially have the end of Wave ((ii))...
Recently, the long-awaited Starknet airdrop took place. The last time there was such a hype around the project was probably during the Arbitrum airdrop We don't have any STRK coins and don't plan to buy them in large quantities right now. However, exchanges are now holding trading contests around STRKUSDT and you and we can earn money by fulfilling simple...
At BINANCE:RUNEUSDT , we are initially examining the monthly chart because we believe it reveals something very significant and promising. We are potentially in a major Wave 3, which could realistically target at least $34.70. This is a considerably high target, yet feasible for Rune given its performance relative to other cryptocurrencies—it hasn't risen as...
Daily DXY sitting on high volume node, rejecting lower prices. Moving higher will form reverse H&S pattern with neckline in 102. Measured move will test high volume node on 104. Confluence with VWAP from July low and October high. Added confluence with Fibonacci retracement levels from said Jul Low to Oct High and Oct High to Dec Low. Jul Low, Oct High, Nov Low,...
Following fibs and EW cycles, I can see a clear organizaion in play. Don't miss out on this one, lads. Just be patient and trust the math
💡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...