We are currently in a possible ABC pattern. We are at the end of the correction and possibly gearing up for the next impulse move down. 800+ Pips on the eurusd
ICE: FX_IDC:EURUSD in another world! If this happens, it will be very interesting as the euro exchange rate appears in a standard pattern of narrowing the fluctuation range.
The market is very overbought. Pullback is a matter of time. As Christmas holiday is coming not sure if it happens in Dec or beginning of Jan. 4330 previously was a strong resistance so I’m expecting this it become strong support durrring market correction.
I invite you to review the LINK chart in pair with USDT. First, we will use blue lines to mark the upward trend channel in which the price is approaching its lower boundary. In this situation, we will unfold the trend based fib extension and check the support areas. And here we can see that the price is above the strong support zone from $14.42 to $13.60, but if...
I invite you to review the chart of BNB in pair with USDT, also on a four-hour time frame. First, we will use the yellow line to determine the local downward trend under which the price is moving. In order to determine the current supports for the BNB price, we will unfold the trend based fib extension grid, and we can see that the price is approaching a strong...
Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the four-hour interval. First, we will use the yellow line to determine the local downward trend, to which the price quickly returned. Now we can move on to marking support areas in the event of a correction. And here, first of all, it is worth marking the...
FOREXCOM:XAUUSD strengthens and tests the local high but fails to reach the key resistance at 2050. A strong consolidation above the 2030 level and subsequent momentum is forming. On D1 we see the potential that the market is aiming for. On the background of weakening TVC:DXY , on the gold market bulls form a strong support area below 2030 after which...
Passengers of the Runaway Train (Nifty) need to be cautious now. The current Nifty rally has hit the Euphoria phase. India is watching a Bullet train rally and probably the station is near by. Reasons behind the rally are: 1) Recent Assembly elections considered as Semi Finals before the lok sabha elections of 2024 met the market expectations. 2) US Fed continued...
Hello everyone, let's take a look at the BTC to USDT chart on a four-hour time frame. As you can see, the price has returned and remains on the local downtrend line. When we unfold the Trend-Based Fib Extension grid, we can determine the support zone from $41,250 to $40,716, then support at $39,954, and further support at $38,988. Looking the other way, there is...
FOREXCOM:XAUUSD is once again meeting strong bulls. Powell's speech influenced the price growth and a 2.8% momentum is forming. Let's see what happened and what to expect: Most important: The rate remained unchanged. Inflation eased 0.1% to 3.1%. In fact, there was no change . Speculators liked Powell's more positive tone, which caused them to react with a...
THIS IS NOT A FINANCIAL ADVICE Conditions 1.Fibonacci level:✅ 2.Bollinger band:✅ 3.Momentum:✅ 4.Price action:✅ 5.Volume:✅ 6.1h tf:✅ 7.4h tf:✅ 8.1d tf:✅
gold price went form 1810 to 2148 in just two month this rally shocked everyone what was most shocking instant reversal from all time high which nobody expected abc wave has now retrace 50% near 1980 that is why you are seeing intraday support near that level gold next move from depends on fed fomc today , which will decide gold will go 1930 or retrace back to 2007
FOREXCOM:XAUUSD is in consolidation phase and it is likely to last until 19:00 GMT. The market is waiting for news and no strong movements in one or the other direction should be expected before the time. The premise is that the dollar will strengthen: Friday's NFP continues to be bullish for the TVC:DXY (pattern to break resistance is forming) PPI...
We just saw clean bullish momentum for this pair! Such A BIG JUICY... BULL CANDLE after the FOMC! Now looking for trend continuation to take a long trade. Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bullish trend change on 15min and ATTACK! This is looking like a very yummy...
I invite you to review the LTC chart on a four-hour interval. As we can see, the price, with a dynamic movement, broke the local upward trend line at the bottom. When we unfold the trend based fib extension grid, we can see that the price has retreated to a strong support zone from $70 to $67, however, if this zone is broken, we may see further declines towards...
GBPUSD (D) is showing bearish signals again. Sell at current price: 1.252 Stop loss at: 1.2593 Take profit at the Fibonacci retracement(0.618): 1.2329 Capital management 2%
Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-hour interval. First, we will use white lines to mark the local channel of the upward trend from which the BTC price broke down, while it is worth defining the local downward trend with the yellow line. Now we can move on to marking support areas in...
Now sol is on High volume Node and seems now is a very good time to buy sol Good Luck