XAUUSD possible start a deep pullback ( 1005 pips +/-). at 2335 +/- which is a multi confluence zone of :- 1) Monthly Pivot ( 2333.778 ). 2) Daily O.B. 3) Lower Support of Pitchfork
XAUUSD probably just completed wave B (Red) of an expanding flat ABC (red). As its price stalled at multi confluence zone of :- 1) Daily O.B 2) Lower Pitchfork Line Support 3) Weekly Pivot of S1 at 2368.553 4) 1hours 987 EMA (white MA).
Comparing bullish counts for US500 and NAS100, as they seem to be at similar points in their primary wave structures. I have both charts in wave 5 of (3) of ((5)). As of right now, I'm relying more on US30 and US2000, in terms of further rallies before wave 5 is near completion. NAS100 came very close (but did not officially tag) to its pitchfork median line,...
Updated ETHUSD bullish count. I'm still looking for an extended wave (5) of iii, ideal target 8755.92. Additional/alternative bullish targets include median lines of drawn pitchforks.
BINANCE:BTCUSDT COINBASE:BTCUSD Hello Dear Traders. 📝In this post I will track the BTCUSDT movements as long as it stays inside the Box. The market has reached the end of its suffering range. Until Monday, the price of Bitcoin can rise to the level of $61K-$62K. After that, if the buyers support and the price breaks above the $63K level, the...
SPX will probably having deep "correction" before US coming election on Middle of November. Where 4178 +/- level is a multi-Confluence zone of :- 1) Monthly Demand Zone 2) Weekly 233 EMA 3) Lower Support line of pitchfork channel.
GME probably having strong support at 12.68 +/-. As this zone is a multi confluence of :- 1) Monthly 233 EMA (white MA) 2) Monthly Order Block/ Demand Zone 3) Median Line of Pitchfork (Thick Blue). There would a probably a good support If there was a pullback toward wave E of triangle (yellow circled ) @ 12.68..
BINANCE:FILUSDT COINBASE:FILUSD Mid-risk status: 2x-5x Leverage ⚡️TP: On the chart ➡️SL: 4.128 4.075 The Alternate scenario: If the price stabilize below the trigger zone, the setup will be cancelled.
XAUUSD reaching ATH again BUT Instead of forming triangle on "Base" before "Rally" to 2700 +/-at wave (IV) (blue).. Gold probably forming a complex tripe (W)(X)(Y)(X)(Z)(yellow) three pattern in wave (IV) (blue).
Today I want to analyze Memecoin for you, which looks very similar to BINANCE:PEPEUSDT Pepe's Memecoin , with the difference that it has a hat and is red in color. The name of this meme is GATEIO:PEIPEIUSDT PeiPei(ETH). Looking at PeiPei(ETH)'s website , we realize that the website is really weak and has NO whitepaper like many memecoins. The number...
DXY dollar index as the king of cash. Tracking its 'direction" is vital when not just trading major e.g EU, UJ etc but Gold as well. What fundamentals news made dollar breakout? Rate Increase?! OR only 1 rate cut by end of year?
XAUUSD latest intraday wave structure probably shown that its ending diagonal pattern was "ended" at multi confluence zone of :- 1) Pitchfork channel ( Red ) 2)Blocked by 2nd daily order block 3) Upper Trendline of ending diagonal pattern (yellow).
XAUUSD. Base on its speed z factor and current wave structure, which is a completed 3,3,3,3,3 sub waves in wave B (red). I won't rule out the possibility that we have completed an expanding bearish triangle pattern as previous idea posted on 21 June 24.
Bullish count for XAUUSD. I have two impulse waves from September 2022 low. I think the one in green is fairly straightforward, whereas the one in blue could be complete or altered, depending on future price action. It does not look like corrective price action is complete (I see a double-combo in progress), and a move back down below $2280 would seem the most...
An analysis for bears, as median lines of pitchforks seem unlikely to be tagged. I like comparing the DJI and the NYSE; they both look similar in structure. The NYSA seems to have a "cleaner look" and (IMO) can likely be used to trade instruments going with and against the DJI. The move off the October 2022 low, while impressive, looks corrective. Both the DJI...
BINANCE:SFPUSDT Mid-risk status: 2x-5x Leverage ⚡️TP: On the chart ➡️SL: 0.875 The Alternate scenario: If the price stabilize below the trigger zone, the setup will be cancelled.
XAUUSD have cleared the 1st daily order block, now trending up to 2nd daily O.B as it's probably forming an ending diagonal pattern now in c ( blue circled ), Where wave (iii)(yellow) and wave (v)(yellow) could reach 2418 and 2428 (+/-) which are the confluence zone of 1) Order Block and 2)Pitchfork channel (red)
XAUUSD could retrace up to 2380 +/- where 2380 is multi confluence zone of :- 1)Daily Order Block 2) Median Line of Pitchfork channel (red thick line) 3) AB = CD (length) chart pattern.