Hello everyone, I invite you to review the situation of BTC in pair with USDT, taking into account the one-day time frame. First, we will use the yellow line to mark the downward trend lines from which the price has gone up, while locally using the blue lines we can determine the upward trend channel in which the BTC price is currently located. Moreover, it is...
Hello traders this is my analysis for the xauusd,Based on the fib i can see a great zone that can change the direction of the market so i will go to catch the flight... and as always risk managment is the key.
AMEX:SPY October 18,2023 15 Minutes The Gap down took support at 200 averages around 432 levels. Since we had stochastic black bar on top it will be buy on retrace as expected. But as explained i did not enter ant trade yesterday. Consider the fall 451.08 to 420.18. The rise 432.46 to 438.14 And the last fall 438.14 to 434.23 The first fall has 440 levels as...
We got into a gold sell this morning. I noticed a zone on the 2 hr time frame that needed to be retested. After hitting this area Gold dropped 60 pips in 2 minutes. Our Tp 1 got hit, let's see how it plays out from here. FOREXCOM:XAUUSD
The November soybean contract tested 1300 per bushel on Tuesday, trading all the way up to 1303 ½, before ultimately settling at 1296 ¾. The question is now - where do we go from here? Psychologically Significant Resistance Failing to close above 1300 means we failed to close above a psychologically significant resistance level at 1300. Moreover, we’ve...
Above 360 level must be sustain this above level them only give big move from this level Volume in chart decent so must be sustain above 360 level No recommendation for buy and sell
The Australian dollar has been on the front-foot in the wake of the RBA meeting minutes, with markets reacting to their data dependent outlook. However, that risk-on rebound for AUDUSD may be short-lived given the ongoing concern within markets that have benefitted the US dollar. Yesterday's retail sales reading brought continued confidence of strong consumption...
Technical Analysis: - Tesla is doing a wave I in red. - H1 and H4 right side is turning up Technical Information: - If you want to buy, you must wait for wave II in red once it's completed
Strong AI beneficiary, NASDAQ:ADBE , had a great move since Oct'22 bottom, advancing more than 100%, and is still in stable uptrend. What are the price levels long investors and traders need to be cautious about? My structural analysis of price dynamics shows that there is an important level of mid-term resistance in 590-625 that may serve as the topping...
🏃♂️ AUDUSD is running in 🟡 Price Reversal Zones(PRZ) 🟡 and near the Important Support line and Support line . 💡Also, we can see Regular Divergence(RD+) between two Consecutive valleys . 🔔I expect AUDUSD will go UP at least to the Resistance line(2) . Australian Dollar/U.S.Dollar Analyze ( AUDUSD ) 4-hour time frame⏰. Do not forget to put Stop loss...
The impulsive structure up starts to seem unlikely. Overall, we believe there will be more upside but in a corrective way. This suggests that wave (4) in the higher time frame is not finished yet.
The impulsive structure up starts to seem unlikely. Overall, we believe there will be more upside but in a corrective way. This suggests that wave (4) in the higher time frame is not finished yet.
We got the additional swing up in the lower time frame but it does not look like a fifth wave. Overall, we believe there will be more upside but in a corrective way. This suggests a WXY structure in the higher time frame.
This idea is derived from manual calculation based on elliot wave fibonacci sequence. The method best suit to identify the probability of future demand supply areas/zones and minimum maximum extension of the price action projection. As the price might go over or not reached the targeted price, future updates on each points of interest is required. This shall not...
Fibonacci price cluster setup on the 15-minute timeframe identifies sensitive support levels in the buying direction. Set up clear display of expected buy points, stop loss points, and take profit points for a trade.
CME_MINI:NQZ2023 - PR High: 15243.00 - PR Low: 15222.50 - NZ Spread: 46.0 Key Economic Events 08:30 – Building Permits 10:30 – Crude Oil Inventories Maintaining range of the week - Strong potential for breakout - Trading back to 50% of daily range Evening Stats (As of 12:05 AM) - Weekend Gap: +0.08% (filled) - Session Gap: -0.33% (open > 15807) - Session...
British Pound had tested the 182.814 and found resistance at that level which happened to be the 61.8 fibo retracement of its previous downtrend leg. However, the pair has already made a higher low and the price seems to be breaking that structure as the Pound grows stronger against the Japanese Yen. If that happens, the pair will make new higher highs and trade...