My dear friends, My technical analysis for GOLD is below: The market is trading on 2360.5 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2335.4 Recommended Stop Loss - 2376.9 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used...
I still focus for bearish. Recounting back after invalidation level broken.But its ok will try to focus for this setup. Im ready for next week. Trade with at your own risk guys.
Hello,Friends! The BB lower band is nearby so USOIL is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 79.27. ✅LIKE AND COMMENT MY IDEAS✅
Hey guys and girls, Here is an updated chart from my (Nov 12, 2023) post As you can see, this is only half of the battle! Further targets: $ 74k, $ 84k, and $ 100k Appendix: Structure: 5-3-5 (Inverted) Bitcoin halving countdown: 49 Days Technical Section: Wave 5 has two different relationships: 1- If wave 3 is less than 161.8% of wave 1 -----> the...
Seems like the market will shape an ending diagonal. It started with a small diagonal which triggered me into expecting an impulse - went all in (very small deposit) and it kept swinging until formed a nearly complete triangle.
BTCUSDT_Support_Resistance IMPORTANT SUPPORTS IMPORTANT RESISTANCES
It looks like after wave E, we have an ABC on the chart, we are now at the end of wave B. Wave B is a diametric, we are now in the final wave of this diametric (wave g of B). We are looking for buy/long positions on the green range. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss...
SELL 2373.00 TP 2277.00 in forecast. Gold weekly forecast.
Bitcoin has finished its corrective pattern (ABC ZigZag) and is ready to go higher. My next target is 70k (69577) because we have a 1:1 FIB extension level at this price. Usually this Fibo level is pretty significant; that's why I am expecting a small crash from it, but after that, we should continue much higher, to the 1.618 FIB extension. Of course, we need more...
updated count, believe this to be x impressive hit 62% c of x 1.27% extension. But imo it is corrective and not impulsive no real fib bounce for bull cycle here per other counts. y to complete before wave b that will see 38-50% retrace. target of 1960 not changed 78% of wave 3 into territory of wave 1
Bitcoin looks ready for a short-term bullish move The price broke out from a bullish Descending Channel. This is showing that the bulls wants to take the price control and in the short term we may see BTC rising more. The first target zone is found near 64295 The second target zone is found near 65185.00 The third target zone is found near 66800 You may find...
Here’s a refined analysis of the 4-hour chart using Elliott Wave Theory: The chart exhibits an impulsive bullish movement that began at 1984. The first wave (Wave 1) culminated at 2194. This was followed by a correction to the 0.236 Fibonacci retracement level at 2147, marking the end of Wave 2. The subsequent upward trend formed Wave 3, which concluded at the...
From where we put the "start" on the chart, it looks like a triangle is forming. The depth of wave D is high, which strengthens the possibility of forming a triangle. It is expected that we will have a return from the green range to the red range and then the main drop will occur Closing the daily candle above the invalidation level violates the analysis For...
I believe XAUUSD will be a buy next week after taking liquidity in the 2316 - 2312 area. It may then go all the way back to 2380 region
Sharp rejection from 0.5 fibonacci lev. @105.6 SHORT for the target of 104
Using Fibs and previous history I show the possibility that Coinbase is about to start wave 3 of 3 up towards 500.
BATS is a company where its financial performance and robustness is not reflected by it's share price, mainly owing to investor sentiment towards the sector it sits within and the fear of ever changing regulation of its products. It is currently generating £8.5bn in free cash flow, more than enough to pay the annual dividend and please any accountant that the...
Hello, traders and investors! This is Shark, and today we'll discuss trading plans for the BTC asset. This trading idea includes long-term, medium-term, and short-term trading plans. Long-term plan (pink): On the global chart, an ascending channel has formed with a 1000% step. The maximum from December 1, 2019, reached at 19666, formed support in November 2022....