With the escalation of global political dangers and conflicts around the world, gold has once again become a central point of focus. This is particularly notable since it hit a new all-time high of $2,150 last December. Since then, however, the price has shown significant sideways movement. Our forecast is based on the assumption that we are dealing with a zigzag...
Upon closer assessment of the gold chart, we anticipate that Wave 1 has now concluded, and we are currently developing an Expanded Flat, likely as the subordinate correction Wave ((a)). We do not believe that Wave 2 is going to be completed so fast. Instead, we expect Wave 2 to undergo a longer correction phase, moving sideways rather than experiencing a...
Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As we can see, the price has created a downward trend channel, from which it tried to get out at the top, but currently it is returning to the channel. The return to the falling channel also brought a return to the strong support zone from $64,643 to $62,206, further support is...
Dear friends, gold is currently in a volatile correction. The lowest point of gold has been corrected to around 2162, and compared with the highest point near 2222, it has corrected 60 US dollars. So will gold continue to fall? In fact, according to the current trend pattern of gold, gold is most likely to continue its shock adjustment and not fall all at...
FX:CADJPY Over the course of this week, CADJPY has demonstrated a consistent uptrend. However, there is a possibility of a pullback, which might lead to a retest of the 23.6 level before the upward trend continues. To take advantage of this market movement, we will closely monitor the trendline and wait for a bounce to retest our sell entry. Alternative...
FX:EURJPY EURJPY surged with impulsive movement to the upside after breaking above the 78.6. The market retested that area multiple times after the break, establishing this area as valid support. After a few tests of the upward trendline, the bulls ran away. Price action led us to the 165.000 area before consolidating. The break below that range area shows the...
Happy Nowruz! 🎉🌟 Let's analyze this popular forex pair together. 📈🔍💼 Currently, after an uptrend in the daily timeframe, we have reached one of the most significant resistances in this currency pair.📦💡 The line at 151.750 is the most crucial resistance at the moment in the weekly timeframe, and after breaking this resistance, the possibility of starting another...
reason: market structure = bullish fair value gap break of structure
Open a short position in XAUUSD 2199-2211 TP1 2147 TP2 2080 TP3 2057
Open a short position in XAUUSD 2199-2211 TP1 2147 TP2 2080 TP3 2060
I have made some calculations regarding potential stock market development in the S&P500 in the coming months. There is of course no guarantee that it will turn out exactly like this, but there are very interesting mathematical correlations in an optimal scenario. Since January 2018, the price has been inside an ascending channel with a couple of hits at both...
Context and Summary The big move on Wednesday continued through into Thursday’s NY open, expanding further to Wednesday 1.414 fib expansion, 5322.50. The market hovered slowing advancing for another re-test of those highs, but after a failure to break IB high, the books quickly reverse and sellers stepped in to bring price down to the pre-market lows, with some...
FX:XAUUSD corrects after testing $2222. News on Thursday shook the market after Powell's dovish statement on Wednesday, which spurred a false breakdown and a 2.5% fall Yesterday the market met a bullish wave of news for the US market: Initial Jobless Claims down, PMI up, overall this is a locally positive scenario, but today at 13:30 Powell speaks, who can...
Review of CME_MINI:ES1! Levels, March 21 Thursday NY session Volume through the NY session was slow through the day, except for the wild swings at the open and late afternoon. High of day "Premium" On our daily 15m chart, I had this labelled as the daily premium (Purple Box), at the 1.414 Globex expansion levell above, and 1.272/1.414 expansion of prior day...
This is my trade idea for BINANCE:DOGEUSDT Everything that you need is right there on the chart. What are your thoughts about this analysis? Share them with me in the comment box. If you like my analysis, follow me for more and support my idea. Cheers!
BTC Hold the 4h FVG and we raw good to go for $72k DOL and a ew ATH. ●Losing this 4h fvh will bring bt down at $60k or even down towards GETTEX:59K which the the Weekly FVG high
NYSE:RDDT Wait for the dip before buying ( around $35.54) and hold for this to cross $59.95, confirmation towards $70.87. P.S look out for the short squeeze
Good morning, traders! ☀️ Here's my plan for Friday in the exciting world of trading. 📈 Gold seems to be retracing to fill in those remaining imbalances from the recent massive pump. 🔄 As mentioned in yesterday's video, the 0.786 Fib zone proved to be a solid area for a buy, resulting in a fantastic 160 pips bounce! 🚀💰 Remember to trust the setups and stick...