GBPNZD is currently forming a Harmonic Pattern (XABCD) along with a Trendline on the 4-hour time frame. This pattern indicates potential price reversals or continuations based on Fibonacci levels. Point D of the pattern is situated at a key Support level, suggesting a possible bullish momentum. Entry and Stop Loss: Based on the analysis, the entry point is...
Europe’s shared currency wrapped up the week off best levels, eking out a marginal gain of +0.3% versus the US dollar. Higher Timeframes Suggest Further Underperformance Things are not looking too cheerful for the euro, both from a technical and fundamental perspective. Scope to continue pressing southbound on the monthly scale until support at $1.0516 is...
Hello friends nice to meet you all hope you have a good time and have a great investment time. As you see the blue line, RSI berish divergence was appeared. It can have a rebound at a meaningful recent point and the final goal is the tail's zone below.
BINANCE:JTOUSDT has broken it's ascending trendline and formed a new Higher High. Currently, It's retracing towards fib 50-75% discounted levels where we can look for buying opportunities
Copper prices rise when the economy is thought to be growing and needing more electrical infrastructure while they fall when bearish indicators might project a recession. With that in in on the 15-minute chart I missed a trade in the junior copper miner ETF this week. I have now placed COPJ on my watch list and will not miss it again when it falls to support...
Hello friends nice to meet you all hope you have a good day #EURCAD When you look at the big picture, It is moving sideways, drawing a BOX pattern. By looking at the important tail zone in the past wave and calculating the angle of the short-term trend line, a RED short-term trend line was created. With the current decline, There will be a rebound near the...
Hello friends nice to meet you all hope you have a good day #EURUSD At other publish, We hit the target perfectly and took the WIN. Next, I will guide you through the next view. FOCUS. #EURUSD is showing an extended wave. If the upper line of the wave is broken upward and the retest is successful, It is open to rising to the recent high.
Hi friends, I brought the FOREX interesting charts The buying force is making adjustments by beating the sell-off and rising. If the Fibonacci 0.618 section is set as the primary target and breaks upward, the AB=CD pattern can reach the 1 value D
NASDAQ:OKTA #OKTA is currently testing a significant level where a couple of broken wedges are being tested. For this one, I may reinforce the analysis later on with some more insights early next week. #AHMEDMESBAH
This is a small time frame update with the possibility we are going to see BTC soon to $68 BTC should hold the 61K level with confirmation. For day traders , BTC can change more times per day per time frame up and down. This update is more for trend choice trend. This update is a trend view and finance advice.
Technical Analysis Refresh: Review charts for bullish signs like candlestick patterns and oversold conditions. Embrace the Bounce: Look for sudden volume spikes signaling potential reversals. Risk Management Resurgence: Tighten stop-loss orders and scale into positions cautiously. Buy the Dip, but Watch Your Step: Seek discounted assets with solid...
If you are my follower, I believe you must have followed my trading strategy of shorting gold in the 2345-2350 area. The gold market did not disappoint us. After hitting a high of 2352, gold's rise stalled and continued to fall. The lowest fell back to around 2329. So our gold short position went on to make very substantial profits and once again maintained a...
Hello Traders and Investors, today I will take a look at Bitcoin. -------- Explanation of my video analysis: More than 4 years ago Bitcoin created a nice bullish ascending triangle formation and broke out above the resistance. This breakout was followed by a +270% move towards the upside. Currently Bitcoin is once again creating a similar ascending triangle...
NYSE:SWN with bullish inv h&s, look at May/Jun 2015 price action
While Mag 7 stocks recently rebounded, MSFT has entered a period of consolidation. In recent history bull runs resolve in >30% corrections after hitting Fibonacci multiples, with the bottoms forming a clear support trend line (Dec 18, Mar 20, Oct 22 & Jan 23). If MSFT loses the support @ $400 the stock may enter a multi-month correction cycle before finding...
🏃♂️ Gold is moving in the 🟢 Support zone($2,327-$2,302) 🟢 and managed to break the Uptrend line and the Support line yesterday. 🌊According to Elliott's wave theory , Gold seems to be completing wave 4. 🔔I expect wave 4 to finish near the Resistance lines and 🟡 Price Reversal Zone(PRZ) 🟡, and Gold will start to decline again and break the 🟢...
Gold US market welcomes PCE data. Will gold continue to hit new highs or will it rise and fall as before? How should it be laid out? If the U.S. market data for gold is bullish and it rises directly to a new high, then gold will fall back and go long and adjust its thinking. However, before reaching new highs, we can still watch gold rise and fall first....
Gold establishes bottom after breaking through 2330! It’s about to rise sharply after leaving the shock zone! During the day, the price fluctuated weakly below 2330. After a tug of war between long and short, the price finally broke through 2330. The one-hour bottom pattern was established, and long orders entered the market! The target above refers to...