📊 #XAUUSD Fractals Market Algorithm (april/16/2024) #Fractalmarket | #fibonacci | #trendline | #fibochannel | #mdfxco | #PivotPoints | #Breakout | #forex
Dear friends, today gold has been in a retracement situation. Although there have been several symbolic struggles, in the end the bears have the upper hand. The current lowest gold price has been around 2324. Of course, our short gold order around 2360 also successfully hit TP: 2349. We gained a lot of profits from this. At present, gold maintains a volatile...
Dear friends, today gold has been in a retracement situation. Although there have been several symbolic struggles, the bears have finally gained the upper hand. The current lowest price of gold has been around 2324. Of course, our short gold order near 2360 also successfully hit TP: 2349. We thus reaped considerable profits. At present, gold maintains a...
GTYR Buy from specified level (0.618 FIB , trendline support intact) SL , TP mention in chart
EURUSD has already formed a double bottom structure at support level.it indicates we go long bears have been weakened,,time to buy. Subscribe for next analysis on GBPUSD
Homebuilder Lennar has been grinding higher this year, but some traders may expect a breakdown. The first pattern on today’s chart is the rising trendline along lows in January, February and March. Prices have sat there for the last four sessions with little sign of a bounce, which may suggest it’s losing relevance as support. Second, the 50-day simple moving...
NZDUSD Buy at breakout of HH SL , TP mention in chart
Having observed sufficient weakness in the market today, we are ready to place a limit order for Hedera. We've decided to set our limit order at the 38.2% retracement level, primarily because we are already close to the level of Wave 1. However, it's essential to note, from a realistic standpoint, that theoretically, Wave 4 should not drop into the level of Wave...
For Ethereum, we have a new setup and anticipate that Wave ((i)) has completed at approximately $3,525. We now expect to see Wave ((ii)). We believe we are currently in a Wave (c) within Wave ((ii)), which should reach a retracement between 50% and 78.6%, equating to a range from $3,324 to a maximum of $3,175. Following this, we anticipate a rise to at least $4,092.
Similar to other cryptocurrencies, Uniswap presents a scenario where we're concluding Wave 3 and now developing Wave 4. This Wave 4 is expected to retrace between 38% and 50%. We're setting our stop-loss below the level of the subordinate Wave ((iv)), to accommodate the possibility of this level being revisited without being stopped out. The upward trajectory...
Semiconductor Bear 3X ETF, Trendline break Long 3.30 Stop 2.7 Target 5.5, 7.0 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account. BuyToOpen Aug Call C4 x5 contracts Limit 0.57 x5= 2.85
LTC Analysis As long as Litecoin stays above the $77 support outlined in the analysis, it will want to launch its bullish movement. As long as LTC stays above the $73.46 support, it will want to make its bullish move to $92.32 levels. We made an extra addition to our $88 purchases in LTC, at $77. We are carrying a loaded LTC spot, we will hold it as long as it...
Price action analysis for Gold. Important key levels. Directional bias. Trading plan. ❤️Please, support my work with like, thank you!❤️
Mining Companies discount based on FEF prices. Support area where we can find good opportunities for Long position.
The DXY finds itself at a juncture, rallying amidst mixed economic cues and rising global tensions. Today's retail sales figures, dipping into the red, contrast with the index's upward trajectory, suggesting an intriguing divergence from the expected market reaction to domestic economic indicators. Technical analysis: The DXY closed above the 106.00 mark,...
Gold continued to fall after hitting an intraday high near 2372, with the lowest hitting around 2345. So far, although gold still has some rebound, it is difficult to continue its strength. Judging from the current market reaction, gold did not rise as strongly as before due to the surge in risk aversion over the weekend, but showed an inability to rebound. Then...
CHFJPY successfully broke above the neckline of a flat top triangle pattern on a 4-hour chart and closed above it. This signals the strength of the buyers and suggests a possible return to a bullish trend. The next targets for buyers are 169.33 and 170.03.
Gold continued to fall after hitting an intraday high near 2372, with the lowest hitting near 2345. So far, although gold still has a partial rebound, it is difficult to continue its strength. Judging from the current market reaction, gold did not rise as strongly as before due to the surge in risk aversion over the weekend, but showed an inability to rebound....