On the GBPUSD chart, an inverted head and shoulders pattern has emerged within the 4-hour timeframe. The critical range for the neckline is between 1.2684 and 1.2660. A break and close above this range could be a strong signal to initiate a buy position, either immediately or upon a pullback to the neckline. Anticipation is set for a bullish trajectory aiming for...
🔨 EURUSD is breaking the 🔴 Resistance zone($1.0848-$1.0840) 🔴. 🌊According to the theory of Elliott waves , EURUSD seems to have completed the corrective waves and is now ready for the next five impulsive waves . 🔔I expect EURUSD to go UP at least the 🟣 Yearly Pivot Point 🟣 after breaking the Resistance line and ⚔️ Attacking ⚔️ the upper Resistance...
📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Fractals not only apply to chart patterns... but also to technical indicators! We observe the bullish cross on our technical indicator; a...
On this chart the ratio of spot gold to spot silver is charted over time. The traditional benchmark of 75 is the horizontal black line on the chart. Above it gold is outperforming while below it gold is underperforming. Direction counts. Overall gold has been rising relative to silver since May 23. Gold did underperform as compared with silver from...
PYTH:XAUUSD FXOPEN:XAUUSD OANDA:XAUUSD PEPPERSTONE:XAUUSD In fact, gold's fluctuations were quite severe yesterday. It opened lower, stabilized, rose sharply, and finally consolidated. The daily line recorded a positive column with a long upper and lower shadow line, and the price stabilized above the upper Bollinger Band. The periodic moving average...
Checklist for exitting your bitcoin position: Top Signals * Pi-Cycle Top * High 3W RSI Level Reactive Signals indicating trend reversal from bullish to bearish * Break below 5D RSI support * Daily candle break below 2W Parabolic SAR * Break below 5D Ichimoku Cloud Baseline * 1W SuperTrend flips to bearish * Break below Projected Parabolic Curve
Bitcoin seems to be repeating the pattern that played out last December and January. Breakout to short term high, followed by choppy retracement. Then a lower high followed by higher post breakout low. Then minor break back to short term high. Makes me wonder if we will see something like the orange pattern with a retest of short term low follwed by a break to...
World gold prices increased slightly with spot gold increasing by 5.7 USD to 2,337.4 USD/ounce. Gold futures last traded at 2,358.4 USD/ounce, up 13 USD compared to yesterday morning. World yellow metal prices continued to conquer new records at the beginning of the week, boosted by central bank purchasing activities in Asia. Previously, spot gold price hit a new...
Dear friends, today after gold opened lower and fell back to the 2305-2300 area, it rebounded again and hit a new high near 2353. At present, gold has fallen back and remains near the 2338 position. Today’s transaction can be roughly divided into two parts. First, we ended our short position in the 2305-2300 area and captured good short profits;Secondly, I...
Dear friends, today after gold opened lower and fell back to the 2305-2300 area, it rebounded again and hit a new high near 2353. At present, gold has fallen back and remains near the 2330 position. Today's transaction can actually be roughly divided into two parts. First, we ended our short position in the 2305-2300 area and captured good short profits;Secondly,...
Price rejected from the bottom of the Daily range with a lot of bullish momentum. As we scale down to the 4H, we can see price forming an inv H&S. A break/retest of the neckline and trendline would produce a very favorable long opportunity to the next swing high.
Squeeze at the lows. Time for at least a bounce. 30 min timeframe. After the drop after dilution.
"I am eyeing an opportunity with a target price (TP) set at 2500, coupled with a stop-loss point at 2115, indicating a strategic approach to managing risk and maximizing returns in the market. FundamentaI stiII positive for goId"
"I am eyeing an opportunity in GBPUSD with a target price (TP) set at 1.27000, coupled with a stop-loss point at 1.26380, indicating a strategic approach to managing risk and maximizing returns in the market. FundamentaI stiII positive for GBPUSD "
"I am eyeing an opportunity in GBPJPY with a target price (TP) set at 193, coupled with a stop-loss point at 191.800, indicating a strategic approach to managing risk and maximizing returns in the market. FundamentaI stiII positive for GBPJPY "
"I am eyeing an opportunity in EURUSD with a target price (TP) set at 1.09120, coupled with a stop-loss point at 1.08400, indicating a strategic approach to managing risk and maximizing returns in the market. FundamentaI stiII positive for EURUSD"
Apple stock ready to surge after long consolidation
NASDAQ:TSLA Bearish to Bullish Break out Coming Soon with bottoming pattern. Waiting for a buy alert from our indicator before we go long. The technical analysis description "Bearish to Bullish Breakout to the upside" typically indicates a transition in market sentiment from a bearish trend to a bullish trend, accompanied by a significant upward price movement....