Multi-confluence area of volume related supports, a fib and some channel liquidity.
I think this is the coolest chart pattern in crypto i have found. It's a weekly on the OriginTrail token TRACUSD. Showing a giant symmetrical triangle, with a well-defined level of horizontal resistance running through the middle of the triangle. Notice also TRACUSD loves to retrace to the 4.236 Fibonacci level after each decline. The minimum target of this...
🏃♂️Gold is moving near the 🟢 Support zone($1,914.520-$1,910.640) 🟢. 🌊Theoretically, Gold Elliott Waves can complete its 5 descending waves in the support zone. This is while wave 3 is Extended. 🔔I expect Gold to attack the Downtrend line from 🟢 Support zone($1,914.520-$1,910.640) 🟢. Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put...
My strategy - Advance technical analysic for once timeframe: 1. Marketstructure, Wave structure. 2. Price action, Trend & Reversal. 3. Supply & Demand. 4. Fibonacci analysic. 5. Candlestricks, Volume histogram. 6. Indicator.
OANDA:XAUUSD continues to decline. Since the end of the last session the price forms a limit support level and forms a pre-breakdown consolidation. The realization of a false breakout of global resistance begins The price is forging a local support level, but still has not updated the previous one, formed in late August. Consequently, the market has a target...
you can short now or wait for break the next support level and go short and take target 1,2 Daily Trend is up Trend and current wave will be correction wave to down H4 Trend is Down Trend and we will take this down trend and correction wave of daily trend i think it will visit level 50 Fibo and we can confirmed that after break the next support level have fun :)
If the wave (4) down plays out like a double correction, it looks like we are ready now for another leg down. Wave (X) might be finished which means we can go down now as wave (Y).
FX:EURGBP is under resistance pressure.There is clearly either a weak buyer or a rather strong seller in the market. Regarding the limit support area, the price continues to push. I noted the important level of 0.8541 and 0.8521. And also an important pattern - descending triangle. The support area of the pattern coincides with the area of the limit support....
The primary scenario is playing out and we are reversing from the wave ((b)) area. More downside is expected. The surprise would be that we get a double correction to the upside.
It looks like the primary scenario is playing out and we are reversing from the wave X area. We expect more downside as an ABC structure to finish wave Y.
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
The primary scenario (in green) is playing out and it looks like we finished wave (X). We can expect more downside as a wave (Y). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY.
BTCUSDT support is still holding. The order block around the weekly 0.618 Fib-level is still doing its job. If this holds, than I think the next (short term) targets are: - 27.000 - 29.000 - 30.000
CME_MINI:NQU2023 - PR High: 15392.00 - PR Low: 15379.00 - NZ Spread: 29.0 Economic Events: 08:30 – Initial Jobless Claims 11:00 – Crude Oil Inventories Follow-through with daily rollover - Inventory response at daily KA-20 - Retraced 1/3 of prev session range Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session...
Gold fell to around 1915 today, and I have reminded senior members that around 1917-1915 will be a good time to do long gold again. When gold pulls back around that area, I'm definitely going long gold ahead. From two aspects, the first gold is currently in a five-wave rising structure, and there is support at the 1910-1912 position below, so it is feasible to...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 114/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : A A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance....
key points, why I took this trade: -GBPUSD closed above the support level of 1.24866 -bearish divergence on 15 m timeframe - price reversed , by giving respect to 15m bullish Ob - entry based on .7 fib OTE level these 4 points are strong evidence of market structure shift I post these for my trader brother, please appreciate by clicking on follow and...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 114/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : B A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance....