🔍Here we are looking at the price indexed to 100. 🟢We have a descending rising wedge, with a bullish divergence: price falling, with the SMI (Stochastic Momentum Index) of the PVT (Price Volume Trend) rising. 🔴Could price revisit the 0.5 Fibo retracement in the final breather? It could, but I think it's unlikely. In any case, I traced this possibility using the...
XAUUSD Gold trend lines, support and resistance level slings over a 4H fibonacci grid analysis preceding my price forecast strokes for the last quarter. A year away from my best trading day so far (23.09.29), I think I should have been posting my analysis way earlier. With great power comes great responsibility. Trade responsibly. OAK
After being subjected to selling pressure for the majority of the week, the November feeder cattle contract found support at the 23.6% retracement level between the contract’s low, and the contract’s high. The low for the day was only a few ticks off of the actual 253.825 level, coming in at 254.050. There’s no question about it - feeder cattle futures have...
The U.S. Dollar Index has fallen through 3 Fibonacci Resistance Levels since its 20th-27th September rally. Lower Bond Yields and weaker than expected GDP are weighing on the Greenback. US PCE numbers are at their lowest since September 2021 with no surprise in today's print.
GBP/AUD SELL "break of structure +38.20%fib retracement +50ema dynamic resistance
You can sell now with a small sl point. The main trend is bearish so it's ok to short it.
In this analysis, we delve into the recent movement of BBCA stock, particularly observing a noticeable gap around the 8500 level on September 22-23. The common market tendency to fill such gaps implies a potential downturn for BBCA shares. Navigating the potential downturn, Fibonacci retracement analysis identifies 8525 or the 0.618 level as a strategic point for...
Daily Chart NZDUSD is on the support around 0.585xx and resistance around 0.6 This time is fourth times NZD/USD touched the support, so I expect price can bounce back to resistance. Wait and see
Chart 4H TF Easily spot resistance around 1700 - 1750 I think ETH will fail in this time and come back to 1650 before can try to test that resistance again. Wait for next move
The primary expectation is that wave X has finished and that we are doing wave Y. Wave Y is unfolding as an ABC pattern.
EUR/USD SELL "break of structure +61.80% fib retracement "
As the entire market is since months in a consolidation phase, I wouldn't expect any wonders for STX. But STX is on the long term in a good run with an upwards support zone around $57. Two TP zone areas are possible depending on your time horizon TP1: $77 TP2: old ATH at $110-$115
The primary expectation is now that wave ((b)) is finished and that we are doing wave ((c)). Wave ((c)) should unfold as five waves.
As forecasted we saw more upside in the FTSE. We now reached areas from where we can start to reverse. We are looking for exhaustion signs to end wave A.
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.
Gold Update 29/9.2 With this idea, we have a lower entry point and a shorter stop loss, depending on the short and long order so we can set the large or small buy volume appropriate to our account. Good luck!
CME_MINI:NQZ2023 - PR High: 14894.75 - PR Low: 14872.75 - NZ Spread: 49.0 Significant Calendar Event 08:30 – Core PCE Price Index Last trading day of the month - Took a few more dips into long-term inventory - Continuing supply run back to 14949 micro gap Evening Stats (As of 1:15 AM) - Weekend Gap: N/A - Session Gap: -0.01% (open > 14949) - Session Gap:...
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. NFA.