As we said before price now is near major daily support zone and we are looking for a heavy pump here near these supports like the green arrows on chart soon after range end. DISCLAIMER: ((trade based on your own decision)) <
GOLD currently exhibits a bearish trend, having breached several support levels, although it has not yet touched a critical support level. From a technical standpoint, it is advisable to await a price retracement to the Trend Line Resistance before considering a selling position, with confirmation observed on lower time frames providing added...
For traders (lower timeframe): The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. It looks like wave ((c)) is missing a fifth wave down. For investors (higher timeframe): In the higher timeframe, it looks like we are doing a wave (4) down which should be followed by a wave (5) up. Therefore, investors could...
TVC:GOLD chart mapping/analysis for short-term swing trade strategies.
TVC:GOLD chart mapping/analysis for med-long term swing trade strategies.
/ES is looking increasingly bearish. Lower highs and lower lows are evolving on the daily with 4200 area looking likely if further weakness materializes. Today showed strength into a strong downtrend. All indicators are a-go for hunting shorts. I like the 4380 level for a swing trade, especially on a fast snap up on the US open. Will comment below if order...
I know fundamentals and news events often overrun technicals - especially in the crypto-verse. But the look from a pure TA long-term perspective on the DFI/USD(T) chart bears a very bullish opportunity. ` Prices of 1 USD (or a bit more?) until the end of this year? At least it's possible.
For traders (lower timeframe): The primary expectation is now that wave ((b)) is finished and that we are doing wave ((c)). It looks like wave ((c)) is still missing a fifth wave down. For investors (higher timeframe): In the higher timeframe, if it plays out, investors should wait for the completion of the expanded flat pullback. The wave (2) area (in red) is a...
For traders (lower timeframe): It looks like wave W is finished and we can now see further downside as a wave X. For investors (higher timeframe): In the higher timeframe, investors should wait till the higher degree WXY correction is finished.
For traders (lower timeframe) The higher degree correction in the DAX can be finished as we took out the wave (W) low. However, the main expectation is that we see some further downside as a wave ((v)). For investors (higher timeframe): In the higher timeframe, the higher level wave ((1)) is probably finished. There is also an alternative scenario where we can...
Updated 30/09/23: - Revised up-trending parallel (green) - Added down-trending/consolidation parallel (white) - Added horizontal lines (yellow/dashed) to mark upper/lower range (94.239-87.829) Everything else stays the same (chartist holy grail lol). CAPITALCOM:OIL_CRUDE has done an amazing job respecting its upward parallel channel since June. Could see...
✅Gold managed to break the 🟢 Support zone($1,904.260-$1,886.49) 🟢 and support line yesterday by Bearish Marubozu Candle . 🌊According to Elliott Wave theory , Gold is completing the Double Three Correction(WXY) . 🌊Currently, Gold is on the way to complete microwave C of the main wave Y after breaking the 🟢 Support zone($1,904.260-$1,886.49) 🟢. 🔔I expect...
AMEX:SPY September 30,2023 15 Minutes. In lower times moving averages have converged. AMEX:SPY as expected faced resistance 200 averages in 15 minutes and made a high 431.85 for the day. Now knowing it will be resisted around that level plus a gap up, plus first bar being red and closing near bottom, oscillator divergence in 15 minutes shorted AMEX:SPY ...
As price took out not only BSL and mitigated an H4 OB, I do speculate price to sell and find support at the D-OB below / 79% retracement fib level (157.200). There's some news event for JPY coming out Sunday at 7:50 EST to which I wonder if this will drive price down to support at 157.200
As price cleared sell side liquidity (SSL), it can be fuel to go long to the next draw on liquidity (DOL) at the Daily OB 1.08500. The m15 shows the smaller price action of what could happen early to mid next week.
Hello everyone, I invite you to review the SOL chart in the USDT pair. First, we will use the yellow line to mark the downward trend lines from which the price has gone up, while currently, we can use the blue lines to mark the sideways trend channel where the price is at the upper limit. As you can see, the price is again above EMA Cross 200, and here we should...
Possible reversal idea at Fibonacci 50% retrace, so around $1836. 38.2% was previously and recently respected here on the way down.
Hello everyone, I invite you to review the BTC to USDT chart taking into account the four-hour interval. First, we will use blue lines to mark the local triangle in which the price is approaching the exit direction. When we turn on EMA Cross 200, we can see that the price is struggling to stay in an upward trend above EMA Cross 200. Now let's move on to the...