So far, LUNC's movement behavior is analyzable by technical analysis and Elliot waves. That is, the corrective 2 and 4 waves both ended at 0.5 and 0.618 Fibonacci retracement; And the impulse wave 3 have been extended to 1.618. So, if the impulse wave 5 grow bigger than wave 3 it can extend past the 1.618 about 0.0041. Otherwise, it probably going to be smaller...
GBP USD price going up but rsi showing divergence. entry on break of higher low.
Previously made a double top. could possibly come down. taking entry on break of previous Higher low.
"Hey folks, let's dive into the next trade idea. Looking ahead to next week, I'm seeing some promising signs for AUD/USD. With solid buying pressure at the end of this week and considering the latest news data, it looks like AUD/USD might be gearing up for a bullish run. Plus, with the factors at play, especially with the Fed's stance, I'm anticipating a potential...
OANDA:XAUUSD remained strong as the Dollar and US Treasury yields weakened, although data showed US producer prices rose more than expected in April, suggesting inflation remained high. Federal Reserve Chairman Jerome Powell said Tuesday that his confidence that inflation will continue to cool is no longer as high as it was at the beginning of the year and that...
Hello Traders, We have an interesting setup on EURNZD. Between 23rd of Feb and 1st of May, we saw an upward move identified as a corrective wave ABC, with Wave C forming an ending diagonal. Recently, we saw a break of the ending diagonal pattern in wave C, setting the stage for a decline. The break of wave 1 to the downside further confirms our bearish outlook....
Welcome, Trader. Welcome to our crypto community! 🚀We are delighted to welcome you, whether you are an experienced trader or new to cryptocurrency. We are willing to discuss #BTCUSDT💹. #BTCUSDT 🔥🚀. ___________ Update: Time Frame: 4 Hr ➡️BTCUSDT formed a head and shoulder pattern, suggesting a possible bullish wave. ➡️Breakout confirmation is now complete...
Welcome, Trader. Welcome to our crypto community! 🚀We are delighted to welcome you, whether you are an experienced trader or new to cryptocurrency. We are willing to discuss #BTCUSDT💹. #BTCUSDT 🔥🚀. ___________ Update: Time Frame: 3D ➡️ BTCUSDT was moving up followed by the resistance trend line. ➡️ A good bullish rally is moving very smoothly ➡️ channel...
Super strong setup! Following this super similar BTC move from 2018-2021 Once it takes out the high its about to set after the followed retrace: it's gone If it falls back below resistance that would be a PITA! and lower prices would be expected --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No...
Bitcoin appears to be gearing up for a major move as it completes the Inverse Head & Shoulders pattern on the 2-hour chart. 📈 The absence of bearish divergence and any downtrend signals, combined with the current consolidation around the neckline, sets the stage for a potentially bullish breakout. 🔍 Key Levels to Watch: Neckline Breakout: Look for a decisive move...
Just giving a heads up to anyone looking for a bottom. It does not show up here, but on Binance dot US, we can see on all TF's that VET struck $0.03304 on may 1st and then struck $0.03300 this morning. This counts as a double bottom! I'll be back in a bit to give you an opinion on how far it will go before turning around.
Preferred direction: BUY Comment: The currency pair continues to trade above the level of 0.66460 , and at the beginning of this week, we maintain our buy priority for this instrument, as well as the scenario. Today, both scenarios are relevant, and until the support level of 0.66460 is broken down by sellers, the bullish mood will persist. It should be...
As we approached the 2nd half of the year -- the season for buying personal stuff (and giving) is definitely ON. And this past few days is a testament of that as MACY's is registering massive net buy volume. On June 2, the stock net positive volume increased by a whopping +60% from its average numbers signifying an impending price shift to the upside. Daily...
Silver (XAGUSD) has exhibited a robust bullish trend on the daily timeframe. We’re currently seeking a buy opportunity aligning with the trend continuation, assuming price action plays out as per the analysis presented in the video. The video covers essential aspects such as trend analysis, price action, market structure, and a potential trade idea. Remember to...
The GBP/USD pair continues to engage in a sideways motion and consolidation after breaking through the 1.070 resistance level, which has now transformed into a new support zone. In the short term, the currency pair remains confined within a range, experiencing a couple of false breakouts. The next movement seems to favor the buyers, however, close monitoring is...
AUD/USD is falling towards a support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6644 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 0.6594 Why we like it: There is a pullback support level which lines...
SHIB is showing some interesting signs on the chart. We've seen a potential breakout from a previous resistance level, and the price is currently retesting that level as support. Additionally, the 100-day moving average (100MA) is acting as potential support Enter : 0.00002.45 - 0.00002.5 Stop-Loss: $0.00002225 (place a stop-loss order below the support level to...
LADYS is showing some massive accumulation at current levels -- creating higher lows both on price and histogram based on 4H data. A prerequisite 'sign' of a forthcoming massive upside move. Spotted at 0.000000040 TAYOR.