Gold prices adjusted slightly downward as the USD appreciated thanks to a change in market expectations about the Fed's interest rates. During the March 19 session, gold prices fell to $2,150 as the US dollar continued to increase in price ahead of the Fed's FOMC meeting. The precious metal's nearest support is at the December 4 peak around $2,145. If this...
Looking at the short timeframe, we could be a the very early stage of a major uptrend. Yet, lets see the price action near the demand zone.
Cronos #CROUSD: CRYPTO:CROUSD Cronos a cryptocurrency that has shown exceptional performance since October 2023, marking the end of a correction at $0.0488. We've developed a Wave (1) and have completed a Wave (2), which ended as a zigzag correction. This correction reached the 61.8 to 78.6 level beautifully, a common occurrence in cryptocurrencies, often...
Hello traders, we want to check the GBPUSD chart. The price is moving in a descending channel. We expect that the specified resistance level will maintain the downward trend of the price and the price will fall to around 1.26800. Good luck.
Simple but effective sells on Eu. Keep it stupid simple Eu was selling, I don't like guessing, so I sold in accordance with the momentum. My entry was based on price stop hunting a level on the lower timeframe. Momentum is the key to make my strategy work. If there is no momentum in the market. My strategy will fail almost every time. This trade went up to 1:4...
If you haven't sold ETH when I literally called the top: Then you need to know that according to Fibonacci Retracement level, the institutional support is around $2900.
As dawn broke over the Asian markets this Friday, the GBP/USD found itself in a descent, meandering around the 1.2700 territory. The major currency pair dipped to its multi-day nadir near 1.2740 amidst a U.S. dollar revival, fueled by robust American economic data. Later today, market players will set their sights on the preliminary U.S. Consumer Sentiment for...
Gold is under pressure as investors wait for the Fed interest rate meeting Gold recovered slightly as the USD slowed down and investors prepared for the Fed meeting on Thursday. During the March 18 session, gold fell sharply from $2,159 to $2,146 when the USD was supported by the increase in US government bond yields before turning up and ending the day around...
Hello everyone, Yesterday, EURUSD continued to struggle within its downward trajectory, ultimately concluding the trading week as a victory for the sellers. Currently trading around the 1.088 mark, this pair has decisively broken out of its previous uptrend channel. A corrective trend reversal might kick off as the new week begins, although it's likely to be...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity NZDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hi friends According to the Fibonacci structure, the next gold target is probably the level of 127.20, which is limited by the price of 2168.
– Monday Daily candle closed weak Bullish around 2160.400 forming weak Daily Support around 2156.000. I’ll be looking for potential Buys above 2164.400 targeting 1h Resistance around 2172.000 and Weekly Resistance around 2179.200, I’ll be looking for potential Sells below 2154.400 targeting recent 4h Support around 2147.300 and next Hourly Strong Support around...
We are looking for at least short-term fall now like the red arrows on chart also more info is shared on daily chart: DISCLAIMER: ((trade based on your own decision)) <
Polkadot (DOTUSD): BINANCE:DOTUSD Polkadot appears to have completed Wave (2) with a notable level of certainty. Upon further analysis, it increasingly seems we're witnessing an ending diagonal pattern. This indicates the potential conclusion of the current uptrend shortly, leading to a corrective downturn for Polkadot. While Wave 1 could theoretically extend...
Qualcomm (QCOM): NASDAQ:QCOM For Qualcomm Inc. on the weekly chart, we now assume that after the significant rise during the Dotcom Bubble for Wave (1), and having observed Waves (4) at $101.47, we are approaching the completion of Wave (5) / the first 5-wave cycle towards Wave I. We expect this Wave (5) to be in the range of 50 to 61.8%. This places us at a...
What do you think? :)) RBD = Rally Base Drop Supply Zone LQP = Liquidity Pool
Bitcoin has been performing exceptionally well over the last months. This cycle is the first cycle where Bitcoin has made a new all-time high (ATH) before the halving, instead of after. The most likely cause for this are the massive ETF inflows which boosted the price to new highs. Historically, Bitcoin has always peaked in Q4 of the next year after the halving....
Liquidity grabbed, going for a POI. Anticipating a reversal. LQP = Liquidity Pool Arrows = Inducements