GOLD TRADING SCENARIO ON MAY 7, 2024: Strategy 1. From now until 11:00 a.m. - 12:00 a.m. Gold returns to 2208, then Buy Gold immediately. TP hopes to reach 2318, which is further than 2333, but there are conditions necessary at 5:00 p.m. Gold closes above 2316, and vice versa. Gold closes below 2316, then exit Buy and move. Sell direction to 2298. Sell orders...
Short Term Elliott Wave View on Nvidia (NVDA) suggests the stock ended correction on 4.20.2024 at 756.06. From there, the stock starts a new impulsive rally. Up from 4.20.2024, wave 1 ended at 846.07 and pullback in wave 2 ended at 776.80. The stock extends higher in wave 3 towards 887 and dips in wave 4 ended at 852.66. FInal leg wave 5 ended at 888.19 which...
Long break, more in other social media, but back here! Not much changed, but incremental optimism is on the decline. One more schedule of polling, one more insider information, that sure is going to reflect. 1. A reasonable correction before the final results does lot of good than a rise before the counting. 2. those who know it know it, those who don't know...
TRIDENT Chart Analysis.........07/05/2024 Long: 35 level. Sl : 31 CLOSING BASIS Target : 53 / 61 / 98 / 110 Enjoy ! Note : BULLISH PENNANT PATTERN.....
Audiousdt is displaying a strong double bottom pattern, with the price poised to challenge the neckline. We anticipate that the current accumulation of volume in the coin will facilitate a smooth breakout above the neckline. Our analysis suggests that the immediate target level will serve as a pivotal area for the coin's movement. On the chart, we have...
During the Asian session on Monday, gold fluctuated within a narrow range around 2313. Gold fell to a one-month low on Friday despite weaker-than-expected U.S. jobs data, extending a correction that followed last month's surge as investors took profits and geopolitical risks eased. Although the employment data reinforced expectations that the Federal...
Hello,Traders! CRUDE OIL has made a Retest of the rising support Line and it is making A bullish rebound so Our local bullish bias Is confirmed and we will Be expecting a further Bullish move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Dominance Tether bounced back higher after hitting the support zone The red range is the dominance resistance, which goes up in case of Sharp's failure In this move, Sharp Bitcoin reaches the range of 52000
Its TKY session and few minutes to GB news I am betting on GJ to move as fast as possible before LDN session Hopefully I can bag 80-100 pips before going to bed Stuck in profit.
AUD against soft USD data this week should give us clearance to go back and explore those upper levels. Let me know yall thoughts. Trade smart, trade safe, trade drippy!
#GOLD- well guys market perfectly hold you bottom and bounced, what do you think now? 2318 is the supporting area now? i think market current supporting area is 2318 now, keep close it , if market hold it then further bounce expected here, keep close it. good luck trade wisely
Yesterday over 80 pips was secured before the pullback. Price retest the last support zone with no breakout but a retest. I will be getting back in on the buys and riding it to target Stuckinprofit.
LVMH (MC ticker! EUR based) in multi-decade uptrend, nice upside momentum overall. Overall I do have one "bearish" scenario, however the probabilites for that are quiet low as of now, so far therefore not tracking. I would say the two big "bullish" scenario, soon nearing a local top and I would primarly expect a consolidation/correction, before going likely to at...
UKOIL didn't have the strength to reach $94, but it seems that Bulls have not gotten the memo just yet. Perhaps a break above $90 reignites the path? I'm doubtful, but we'll see. Failure to pass and hold levels above $90, will likely send UKOIL back to mid-high $70s (before the next major run).
Reaction at the strong resistance line, bearish market structure, us dollar is strong, reacting at the 6.18 level
The resolution is a bit small. We might be on the verge of 3rd of 3rd wave in Bitcoin. The wave count up to this point seems to be robust and also moving averages (included below) indicate a resistance zone at current levels.
So, I'm sure by now you all know how GBPUSD loves to catch people using the expanding flat correction !!! I seem to have spotted one that is on its last leg of the intermediate wave (5) of the larger wave ... this is a great opportunity for a short-term SELL position to complete the wave of the "expanding flat" correction ... For a lower-risk trade, you...
Beprousdt has recently experienced a breakout from a falling wedge pattern, indicating a potential reversal in trend. Following the breakout, the price retraced and found support, signaling a bullish momentum. We plan on emphasizing the importance of monitoring the designated buy back area for re-accumulation opportunities. Additionally, it's essential to...