In my post from yesterday regarding OANDA:XAUUSD , I mentioned that while a correction is possible, it should be viewed as a buying opportunity to align with the overall bullish trend. Indeed, after a brief consolidation and a test above 2260, Gold experienced a rapid drop to the 2230 zone. However, it quickly reversed course and closed the day with a new all...
The price perfectly fulfilled my last idea. The price moved up and hit the target level. FX:GBPUSD broke through the range and made a new lower low on the 4H timeframe. It broke the previous week's low as well. Currently, the price is pulling back toward the resistance/range zone. The market has reacted many times to this key level before. I expect the price to...
Dear Colleagues, I assume that the price is in the ending diagonal. This means that the price will update the maximum a little more, after which I expect the price to decline to the support area of 2153.085. I expect the 5 wave structure to complete the formation. Watch for updates of the idea, the price may start moving towards the target, so I do not recommend...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPCAD 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...
The price perfectly fulfills my last idea. It hit the target level. FX:EURUSD reached the deman zone on the daily timeframe, where it had a 2-month bullish move. The price broke and fixed below the range zone. I think the market might move upward, forming a short-term retracement. The market is losing momentum at the support level, and I think it will move...
On the 4H timeframe, the price fell from resistance and reached the level. FX:EURUSD bounced off the resistance by forming an impulse movement. On the daily timeframe, it broke the strong level at 1.08000. I think the market might pull back to the resistance zone and then move downward. If the price makes a pullback against the main trend, there's a higher...
Since the beginning of December last year, FX:GBPUSD pair has been trading within a range bounded by 1.25 and 1.28. In early March, the pair experienced a break above the upper range boundary. However, this break ultimately turned out to be false. After returning to the familiar range, the pair formed a significant bearish engulfing pattern on March 21st....
Hey Everyone, Once again our chart idea played out perfectly hitting all our Bullish targets right form the get go when the market opened. As stated we are seeing price challenge 2231 on market close on Friday and we needed ema5 to cross and lock above 2231 to open the range above. - We got the EMA5 cross and lock above 2231 opening 2240, 2246 and 2253, which...
BINANCE:ETHUSDT is moving sideways following the bounce off the support level and lower border of the downward channel. On the weekly timeframe, it formed a long-tailed bar, which is a sign of support level rejection. The tail of the bar also forms a buy zone between 3100 and 3400. I expect to continue moving sideways, then make a fake breakout of the range zone....
The price perfectly fulfills my last idea. It hit the target area. The market is pulling back to a support level after a bullish move that creates a swap zone. FX:GBPNZD is forming a complex pullback. On the daily timeframe, the market is in a bullish trend. It broke the previous resistance and range zone, which is the support level now. I expect the trend to...
With March ending on a new all-time high at 2233, the first day of April brought about another surge of 300 pips, leading to the question: is it time to sell? To be honest, there's no easy answer to this question. Since last Monday, OANDA:XAUUSD has indeed risen by more than 1,000 pips, and a correction could occur at any time. The main issue lies in...
It is moving in an upward channel in daily and weekly time. According to the movement structure of three successive waves, there has been a three-wave correction running inside the channel, and now a new kinetic movement is taking place. Demand has been met. 🔰 Therefore, if the recent correction is over and the combined correction does not occur, we should witness...
Basic Attention Token, or BAT, is the token that powers a new blockchain-based digital advertising platform designed to fairly reward users for their attention, while providing advertisers with a better return on their ad spend. 🔰 The market has a good small cap that has now retraces more than 23% of the previous wave in the weekly time after a complex combination...
You can see that the month of March closed with a super bullish candle. On the weekly timeframe, you can see the failed long tailed bar, which shows that the bears tried to push the market down. And I think short-term pullbacks will remain buying opportunities; these could be round levels or Fibonacci retracement levels. OANDA:XAUUSD is rising for a variety of...
Hey Everyone, Please see our daily chart idea that we have been tracking for a while now, which is playing out and respecting dynamics perfectly over the last few months. Last week we highlighted that we are likely to witness either a break above the channel or some resistance and some correctional retracement for a level to level bounce back up to continue to...
Colleagues, the price has redrawn the waves a bit, I was waiting for it and at the moment I assume that the price may update the wave "C", then I expect the price to decline to the support area of 80.22. This movement should update the minimum of the wave "B", then I will make a markdown and expect an upward movement, but for now I am considering only short...
Dear colleagues, I suppose that the upward movement is not over yet! Price is in the upward impulse of wave 3 of higher order and wave 5 of lower order. I expect the completion of wave 4 of lower order in the support area of 39340, then the upward movement, which will update the top of wave 3 of lower order in the area of 39980. Manage your capital correctly...
In my analysis of BITSTAMP:BTCUSD yesterday, I mentioned my expectation for a new all-time high from Bitcoin in the near future. However, during yesterday's trading session, the price once again failed to surpass the 72k mark, raising some doubts about my outlook. Firstly, after breaking above the 68k zone and retesting it, I anticipated a new local high....