HH peak settled on H1, make first cup pattern (reaching 200% zone of reversed head and shoulders), completed a rational two (to three) wave sets of abcde, and, if chart wants to complete a tripple peak pattern hitting a diagonal resistance, it can even complete the triangle showing end of accumulation and start of distribution, breaking the zones below, reaching...
After seven bullish minor waves in H4 t.f., later on chart reached 65.5k with a HH shadow that hits 300% of previous candle putting fibo. inside of it, on coordinates 64500 and 64k. The red parallel channel shows where chart feel atracted. Combining this aspects I can assume chart will go bearish for the moment. Later on, it should reach 57k at least, completing...
ABC correction of recent downtrend in progress. Current bullishtrend should reach at least 37.6k. A from ABC correction hits double top. This is for better structure. Triangles show resistance and weaknesses of chart progression. The current triangle should be repelling it, making chart go more directly toward objective. The w to z waves are to identify a...
Elliot Wave finished forming the A of ABC correction just on the fourth wave of giant minor E.W. D1 t.f.. Two sets of abcde waves finished and builded a complete smaller abc correction, giving open doors for a bullish momentum. Trend still can continue until 300% of E.W. fibonacci. fibonacci is between the 0 and 2 of E.W., starting from 50% instead of 0. It...
Finished bullish Elliot Wave. Sideways should take half of bullishtrend, top of recent bearishtrend, create weak bullish candles or pass resistance and crash down. Can form a triangle pattern. If not, it can do a cup pattern. tip: use a to e waves to know sideways structure end. You can start it from lowest peak and set two more for structure...
ABC correction finished. Short Elliot Wave reached 300% of fibonacci. Bullishtrend has been progressing. Waiting for the fifth peak of small E.W.
Hello TradingView Family / Fellow Traders, On Daily: Left Chart EURNZD has been hovering inside a big range and it is currently approaching the upper bound of the range acting as a resistance zone. On 1H: Right Chart 📈 For the bears to take over, we need a momentum candle close below the neckline highlighted in gray. 📉 Meanwhile, EURNZD would be bullish...
I have analyzed the AUDUSD market and noticed a significant increase due to recent news. The US dollar has weakened, causing the Australian dollar to rise in value, particularly in regards to gold. This is because the Australian dollar is closely linked to gold, and we can expect further growth. It's advisable to wait for a price correction to the support level...
In today's afternoon session, the price of gold continued its upward trend, reaching $2,030 per ounce, an increase of over $11 per ounce compared to the same time yesterday. This significant rise in the precious metal's price is attributed to China's decision to cut its basic interest rates for mortgages, aiming to rejuvenate the struggling housing and real...
Hello TradingView Family / Fellow Traders, 📊 I find the BTC H1 chart interesting as it has been respecting the market structure cleanly inside the rising channel recently. 📈 As the price approaches the lower bound of the channel, the bulls are taking control for an impulse after breaking above the last high in blue and the 21 EMA. 📉 Conversely , as the...
Nasdaq possibly forming a bearish Three Falling Peaks pattern. Target around 13 000 -PalenTrade
What do you call a three legged cow?...Lean beef🤣🐄 Now lets get into. There is a lot of momentum here for the sell. As its still selling from the 'M' formation. Before I sell I'll wait for price to break and retest the 33950 level and sell it down to the next level. You can see price making lower highs and lower lows. The only way I would buy this pair is if...
(LDMR)Long Derivative Mean Reversion is primarily a tool for measuring risk and capital efficiency. It's secondary functions include identify outliers in the assignment value of derivatives, maintaining a price target and producing trade placement recommendations. This strategy has one simple input: the symbol of a correlated asset or index. It is recommended to...
Best way to save my own levels and ideas lets see if anyone can use it inside the object tree go for all my save lines and fibs for #GALA #BTC #ETH #ETC
M D 30MIN bearish. Selling at 30 min 618 retracement. All timeframes have LH.
This is the best option u get... unless it closes and stays above the line here... we need to see the test of previous highs and I think it's ready with the next interest rate rise.his TA is purely of Trend and one of the best indicators of price going somewhere. If we stay above 23k we might see 45k there but that is extremely unlikely. Usually, with every big...
I think it drop very soon and it has a good R:R ratio for get short position
The zones are high volatility zones . Gold must respect these zones and you can get more profits . Lets see how gold can play in these zones.