The market broke and closed above the swap level. BINANCE:SHIBUSDT formed a range zone, then broke through it upside. Overall, the price updated higher highs and higher lows on the 1H timeframe. The price is heading toward the resistance zone from the swap level. I think the market might move upward, potentially making +20% because the trend shifted and the...
The price perfectly fulfills my last idea. FX:AUDJPY fell from resistance, tested the support level, and bounced off it. Currently, the market is in a descending channel, but I think it will break it and go up because the major trend is bullish. Overall, on the 1H timeframe, the price action is in the consolidation zone after a volatile week. I expect a pullback...
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . NZDUSD long ! Great BUY opportunity. 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 comments. I will be...
After reaching the all-time high in mid-April, OANDA:XAUUSD , as normal, began to correct lower. As I correctly anticipated at that time, it dropped by 1,000 pips and fell below 2300. However, around the 2280 level, which I had previously highlighted, bulls entered the market and pushed the price up every time it dipped in that zone. Friday's NFP report...
Hey Everyone, Our last update on our monthly chart. we completed all our Bullish targets after breaking out of the ascending channel We then stated that we also need to keep in mind the detachment below highlighted in circle and may need a correction on the top of the channel to form support for a bounce and continuation above or a break back into the channel...
The price perfectly fulfilled my previous idea. It hit the target level. As we can see, BINANCE:ETHUSDT is moving sideways in the giant range zone. The price took liquidity below the April low, forming a fake breakout of the strong support level. It broke and closed above the key level at 3000. I think the price might pull back to the support level, then move...
The price hit the target level, but at first it went up before falling downward. BINANCE:BTCUSDT is still in the consolidation zone on the daily timeframe. The market is heading towards the support level, which is the fourth approach to the support level. I think that in order to see a real bullish move, the price has to go below the 60000 key level. It is...
The price perfectly fulfills my last idea. The market is moving sideways below the strong resistance zone at 0.6000 after making an impulse move. FX:AUDCHF updated its highs and higher lows; it broke a level that forms a swap zone. The market is basically in a consolidation zone, and it makes sense to buy at the bottom of it. If the market pulls back to the...
The market bounced off the support level by taking liquidity below the previous day's lows after news came out. Bears could not push FX:EURUSD lower, meaning that we can expect a deeper pullback upside. The market trend is still bearish on the daily timeframe, and above that, we have strong resistance levels. TVC:DXY made a double top on the daily timeframe...
If you haven`t bought TWLO before the previous earnings: Then analyzing the options chain and the chart patterns of TWLO Twilio prior to the earnings report this week, I would consider purchasing the 62.50usd strike price Puts with an expiration date of 2024-7-19, for a premium of approximately $5.15. If these options prove to be profitable prior to the earnings...
Dear Colleagues, I suppose that the price has completed the correction and is now in an impulsive movement. Presumably in wave “3”, which means that the upward movement will continue. A small correction to the support area of 1.06595 is possible, then I expect the price in the resistance area of 1.07923. Manage your capital correctly and competently! Only enter...
In the h4 time frame, it is moving in a descending channel, which is currently supported in the midline of the channel and the green box area, and can continue its growth up to the neckline and the supply area. 💎 Then, with a pullback, it will continue to grow by breaking the channel to the next supply area and filling the FVG gap. 💎 In addition, if the range of...
Hello TradingView community, We are examining the CHFJPY pair on the 4-hour chart, where Elliott Wave theory presents a promising long opportunity. After a significant upward movement marked by an impulse wave sequence, the price has retraced in what appears to be a corrective wave. Currently, the pair seems to have completed wave (a) of this correction and is...
In the 4h, 1h times, it has been moving in a downward channel, which has now hit the specified resistance level after exiting the downward channel and is associated with selling pressure. Two behavioral scenarios in 4h time can be imagined for it. 💎 The first scenario: if it returns with a resistance level, if it does not have the ability to break the zone, it...
Analyzing the AUDCHF pair on the 3-hour chart through Elliott Wave theory, we see a compelling opportunity for a short position. The price action has completed what appears to be an impulse sequence up to wave (5), followed by the start of a corrective ABC pattern. Currently, the price is consolidating around a significant resistance level marked by the peak of...
In the 1H time frame, due to the fact that he took an ascending guard and moved to the bottom area of the previous range, and this return can be considered as a pullback to the broken structure, and now by creating an OB in the specified area, it can create demand In return, move to the specified areas of supply areas. »»»«««»»»«««»»»««« Please support this idea...
The USDJPY pair on the 2-hour chart shows a significant setup for a potential long position according to Elliott Wave theory. The currency has completed a steep decline that we interpret as wave (4), following a robust impulse wave that peaked in wave (3). Currently, we see that wave (4) might have found its low at 151.859, identified by the 0.839 Fibonacci...
In the current BTCUSD 15-minute chart, we see a fascinating Elliott Wave setup that indicates a potential decline is on the horizon. The price action has unfolded in a clear impulse pattern up to wave (3), followed by a corrective wave (4). We're now potentially in the early stages of wave (5), which seems poised to make a downward move. Wave (5) is expected to...