The primary scenario (in green) assumes more upside in a corrective pattern to finish wave (X). The secondary scenario (in red) assumes that wave (X) is in that we further go down in an ABC pattern to finish wave (Y).
CME_MINI:NQU2023 - PR High: 15030.00 - PR Low: 14982.50 - NZ Spread: 106.0 Wide NZ Spread - Hanging out inside Friday's highs No Significant Economic Events Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 265.68 - Volume: 27K - Open Int: 251K - Trend Grade:...
FX:GBPUSD breaks the trend support and is in the red zone, but the price may form a false breakdown and counter-trend correction before further fall On the chart we see a global uptrend within the price channel, but at the moment of strengthening of the dollar, the currency pair gbpusd breaks the support of the trend and is in the red zone. As part of the...
OANDA:USDJPY If price reached 146.700, then the whole short setup is invalid. One potential setup is entry from 145.248 to 145.599 and SL at 145.700 One can enter above premium zone (145.721 above) and place SL on invalidation zone (146.700) TP at first fibo extension 1.618 target: 143.767 Reason for entry: * QM Sell Setup * 4h DBD (potential place for...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 15036/61.80% 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...
Stock Chart Fibonacci Analysis 082723 Trading idea - Entry point > 17.3/61.80% Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 17.3/61.80% 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...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 10.1/61.80% 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 : C 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....
Iron Ore Futures coiling like a steel roll in a series of Lower Highs & Higher Lows since October 2022. Break above 116.60 = Bullish momentum towards 134.85 (38.2% Fib Retracement) Break below 99.40 = Bearish momentum towards 77.60 (78.6% Fib Extension) Seasonality typically favours the Bulls running strong into end of year - we'll see if it still rings true...
AMEX:SPY August 28,2023 Daily. For the rise 430.65 to 459.44 AMEX:SPY made a low 433. It needs to hold 429 levels.Else very much possible for 420 levels 60 Minutes For the fall 459.44 to 433 61.8% is around 450 levels. For the rise 433 to 445.22 AMEX:SPY made a low 435 levels which is nearly 78% retracement of the rise. So i expect a double top on this...
Hello everyone, let's take a look at the BTC to USDT chart on a one-hour time frame. As you can see, the price has moved sideways from the local downtrend line. After unfolding the Fib Retracement grid, we see that the price holds before the support zone from $26085 to $25913, then there is support at $25668 and then at $25350. Looking the other way, first...
Hello traders, the Goat is here lol. Expect this index to hit ATHs by year end. Not a financial advice do your own DD. Even the Goat himself plays with probabilities. Here is a sneak peak into my way of accurately forecasting the market consistently : Pump the idea with your likes
The USDCHF is moving within a descending trend channel, and the price has reached the upper part of this channel, which also acts as a strong resistance level. Therefore, further decrease is likely. The targets are the lower support levels and the lower part of the channel. It's recommended to observe how the price reacts to this level. If you find it useful,...
Anticipating EURAUD to the upside, price has move above the 1.68272 support level and we have broken the trendline to the upside...the next level i'm anticipating is 1.69730 the long set-up is invalidated if the trade go below 1.68272 support level like, subscribe and comment to support the set-up
The price is reversing after a heavy fall and is forming a weak bullish wave. Certain Levels have been obtained from the confluence of static levels and fibo level You can open a position after confirmation This analysis is not an offer to buy or sell
DXY on our daily chart shows a divergence in price movement and Volume. DXY is overbought and as we expect September to be bullish based on its seasonal behavior it looks all ready to start retracing. Keeping in mind this is another September followed by a bullish August, therefore August High and Low as our Fib points the support zone would be the area between...
Greetings traders, I trust you had a fulfilling weekend, and to our British colleagues, enjoy the added day of respite for the UK Summer Bank Holiday on August 28th, 2023. As we approach Monday, August 28th, 2023, we should anticipate a potential reduction in trading volume due to the ongoing holiday. However, let's remember that trading opportunities will...
Major supports now are: A. 25000$ B. 23500$ C. 22000$ Major Resistances now are: A. 27000$ B. 28330$ C. 29000$ and we can expect more range here and soon after that if 25K$ support break more fall here is expected. DISCLAIMER: ((trade based on your own decision)) <
NSE:COSMOFIRST Stock is showing strength in weekly timeframe. As we can see Stock is not able trade below previos lows. This week it has shown a strong green candle with "W" pattern. I believe it is a good time to go long with 605-610 which will be around 5% or so. Please note that "This is only for educational purpose, please manage your risk accordingly."