Gold may need a deeper pull back to achieve pricing above 1950. Possible rejection at 1938-1942.
Should price reject, I expect to see a continued move back towards 1900 completing the WXY before rising to +1950 levels.
Bullish move is yet to be to complete on HTF.
Trade safe and I hope you have a good end to the weekend.
BeyondEdge
Hello traders,
Today I'm going to share with you 'my idea' about Bitcoin in weekly time frame.
As we can see in the chart this crazy move on Bitcoin made every trader skeptical.
Market maker needs volatility before dumping the market and as we can see before the pump the market was moving slowly and we reached the lowest volatility of all time and ofcourse it...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
In this scenario I think we are still on Wave IV of big Wave.
Chances of the pattern are:
- Flat
- ZigZag
- Expanded Flat
The invalidation of Flat & Zig Zag is at 18125
The invalidation of Expanded Flat is at 15575
If these 2 major invalidation line is broken then the scenario is invalid.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
If you are like me, thinking the US markets will act as a safe haven for global capital, then you should clearly see the upside potential if these recent lows hold.
If not, then you are seeing the downside risks as more likely - and will want to understand the price structure in place that may prompt some consolidation.
IMO, we are amid a Wave 4 correction....
The chart no one is paying attention to but it may be the correct call. I have Bitcoin close to completing a cypher pattern around $16900. Also the hash ribbons has flashed a buy signal a few days back + divergence on RSI. We'll see what happens. DYOR
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care.
