Amb has just bounced off the 0.618 Fib level with strong volume behind it. I'm currently eyeballing a retest of this crucial resistance zone. The .618 retracement will fuel this Wave 3 move. Wave 3 is traditionally the most powerful and dynamic of the five-wave cycle. Given this, I'm anticipating a significant push to the upside. I feel confident in my target...
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.
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.
Looks like QQQ has regained its downtrend after retracing all the way to the .707 area, which we rejected from on Monday. If the market can get one last push towards this $375 level, I think it should make a lower high and take us down further towards $369 and then $366. If it starts to fall I think it'd be hard to chase and would try to look for a different setup...
AMEX:SPY September13,2023 15 Minutes The channel was broken at 446.1 eves. AMEX:SPY made LL. At close AMEX:SPY was below all moving averages. We are having 200 averages sloping downward. In larger time frame 433 is important level to hold. The last 2 days of sideways movement has brough all moving averages nearby. For the moment AMEX:SPY is bullish only...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 29.2/61.80% 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....
Today, we shorted gold in the 1923-1925 area, almost grasping today's highest point, and obtained relatively good profits. At present, gold has dropped to a minimum of around 1908. I once again inform everyone to go long gold around 1910-1908. Gold has currently rebounded to a maximum of around 1915. Although it has fallen back, we still have some profits. Have...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 5.0/61.80% 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....
GBPJPY BUYS in play. 1. Potential Bullish Trend. 2. GBP is strong meanwhile JPY is weak. 3. Short term sellers pressure. We are looking to go Long on this pair, As the price is heading towards the support and resistance zone. We will look for confirmations on the lower time frames.
Hello Traders, Here is the monthly chart of Stellar Lumens looking at this purely from an Elliott Wave perspective. I know little about the technical details of the protocol/token etc. From an EW perspective price looks to be inside a bullish wave 3 with the target at the 1.618 extension. Lets see what happens.
It is always encouraging to see the setups play out as you patiently wait. Today it seems like NAS100 OANDA:NAS100USD is on the verge of providing the HH on the H1 as it completes the H4 and H5 highs (Technical LH's). Price temporarily broke the 78.6% Fibs level and consolidated for most of Asian session consolidating on the line before doing a slight dip to...
Establish a fibonacci price cluster on the short time frame on DXY. A nice return to the uptrend. I set up a trigger point on TVC:DXY not only to trade on TVC:DXY but also to use it to trade products related to the USD.
I have never been more confident in a downside move in my years of trading. Market has retraced back above the .78 level and regained its downtrend. Around 2 today we got one last sweep of liquidity and another strong break of structure, continuing our downtrend. $4440 is the first target and ultimately as we reach the -0.27 level we should hit $4400 even.
Here, the Ratios provide a hidden gem. The spx acceleration should become bullish.
GBP/USD has begun a bullish sequence with price pushing up above 1.25142!! Price action therefore has initiated my Trade Action Plan! *BUY* {TP} 1.25885 {Entry Zone} 1.2498 - 1.24935 {SL} 1.24691 -Trading involves risk!! This is not trading advice nor should you blindly risk your money on what you haven't tested before! Educational Purposes Only!
Since yesterday, I have been reminding everyone that judging from the current structural trend of gold, the current suppression point is near 1930. Gold is likely to start a correction trend near 1930, so for the next gold transaction,I definitely focus on shorting gold at high levels. Today I am informing you that we are shorting gold in the 1923-1925 area,...
I did top down analysis from Monhtly, Weekly, and Daily timeframe to on this 3 directions bias, we can see that all 3 timeframe are bullish which mean that on a weekly perspective we are still strongly bullish. So right now am expeting more bullish to that Weekly resistance zone.
Gold has broken into a fresh two-week low, as dollar strength helps drive further weakness for precious metals. Chief Market Analyst Joshua Mahony highlights the potential for further gold downside in the event of dollar strength, with US CPI and ECB providing near-term volatility in the days ahead. From a wider perspective, a dovish reversal in monetary policy...