GBP/NZD is rising towards the resistance level which is a pullback resistance that aligns with the 161.8% Fibonacci extension and could reverse from this level to our take profit Entry: 2.11475 Why we like it: There is a pullback resistance level which aligns with the 161.8% Fibonacci extension. Stop loss: 2.12520 Why we like it: There is a resistance level at...
WXYXZ. Z = Y @ log .618 they wanted a longer description so.. long pivot on deck, bullish divergences multiple timeframes. I like to have fibs AND geometry supporting the count as shown on the chart but it lacks geometry. the 5-3-5 zz we want to see in wave Z is a harder sell but im running with this anyway. Weekly timeframe looks obvious but we can nit pick...
Following a bullish opening to the week, Gold went into a consolidation phase and retreated below $2,350 on Monday. Rising US Treasury bond yields and expectations of Israel avoiding a further escalation of the conflict with Iran weighs on XAU/USD . As observed on the four-hour chart, Gold price is defending the 21-Simple Moving Average (SMA) at $2,356, at the...
DJIA (US30) is exhibiting strong bearish momentum and could potentially extend this current downtrend. Sell entry is at 37,770.60 which is a potential breakout level ( wait for 1-hour candle to close below 37,770.62 for confirmation ). Stop loss is at 38,100.00 which is a level that sits above a pullback resistance. Take profit is at 37,175.41 which is a...
Hello! the pink trace is cool. it is from the initial bearish impulse Eliot wave (12345) expanded, about 3x... so that the leg from (0-1) is now from (0-5)... This is how doge shows us what its gonna do before it does it. how the fractals propagate. Question is, does it kick in now, or does a longer range bullish fractal, like the other one of the other...
EUR/AUD is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.6563 which is an overlap resistance that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 1.6634 which is a level that sits above the 78.6% Fibonacci retracement level and a pullback resistance. Take profit is at...
-Malaysian palm oil futures fell on Monday to their lowest closing in over two weeks, weighed down by lacklustre global demand and weaker crude as traders shrugged off data indicating tightening inventories. -Market got some support from the resumption of Chinese palm oil buying on Friday but other destinations were lacking charm.
Silver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 27.94 which is a pullback support. Stop loss is at 26.70 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 29.78 which is a pullback resistance. High Risk...
AUD/JPY is exhibiting strong bearish momentum and could potentially extend this current downtrend. Sell entry is at 99.07 (sell at market). Stop loss is at 100.10 which is a level that sits above a pullback resistance. Take profit is at 98.29 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. High Risk Investment Warning...
CRYPTOCAP:BTC VIP Analysis APRIL 16, 2024 - BIAS: Mid-Term: BEARISH Short-Term: BULLISH -- As expected the price action of CRYPTOCAP:BTC has successfully filled out its H4 FVG gap level. Currently, the price action Is respecting its Horizontal Support level which is marked between the $63,640 to $62,950 level - MAIN INTEREST LEVELS ⬇️SHORT⬇️ ...
Perfect harmonic Bullish Bat Pattern for Realio Fund in an uptrend. (Manual Measured) 4hr timeframe tp1 = +31% tp2 = + 55% tp3 = + 92% (will trail if reached) as per the harmonic trader framework. I like this project on Stellar Blockchain. Heres to RWA ap
EUR/GBP is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8568 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 0.8596 which is a level that sits above a pullback resistance. Take profit is at 0.8531 which is a pullback support. High...
CAD/JPY could rise towards a pullback resistance and potentially reverse off this level to drop lower. Sell entry is at 111.95 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 112.58 which is a level that sits above a pullback resistance. Take profit is at 111.03 which is a pullback support that aligns...
The Russell 2000 (US2000) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 2,044.43 which is a pullback resistance. Stop loss is at 2,070.00 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take profit is at 1,966.22 which is a swing-low...
Looking at Timeframes of Prev Market Cycles we seem to following the old adage "Fred Savage" , You may have thought I was going to say something about History Repeating itself based on the almost mirror image of Market Cycles, but When I said "Savage" , I'm starting to hear the screams and see the carnage. I've been trying to figure out why upon that weekly...
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 85.05 which is a pullback support. Stop loss is at 83.50 which is a level that lies underneath an overlap support. Take profit is at 87.30 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin...
Price is rising towards the resistance level which is an overlap resistance which aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.46671 Why we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 1.47033 Why we like it: There is a pullback resistance...
GBP/CAD is rising towards a resistance level, which is an overlapping resistance that aligns with the 61.8% Fibonacci retracement. A reversal from this level could cause the price to fall to our take profit target. Entry: 1.71919 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 1.72375 Why we like...