SBUX continues its decline, which started on May 2023 at $115.48. It may be currently making the Y wave of the Elliot WXY double correction. I expect this correction to continue until the range of $77.5-$83. I think this price range will be a great buying opportunity for SBUX when looking at the fundamental analysis of the company. After this price range, there...
Hey traders! The US dollar is advancing, make cryptocurrencies weak as stocks market turns south ahead of key economic data from the US. As you know, the Fed will release its latest decision on interest rate policy today, and there is increasing speculation that they will maintain their current stance for a longer period. This anticipation is driving the US...
Hello Traders, I hope you doing great. I think the first target of this correction is blue zone, after that we should watch price behavior carefully to decide what to do. if this post was helpful to you, please like and share.
I have reasons to believe in a correction of at least 20%. 1. Market euphoria. 2. ATH. 3. 78.6 retracement after the gigantic fall. 4. Temporary massive sale. Personally, I think it is not a good idea to sell. It is best to wait for better prices to buy. Below 55k, its a good idea to BUY. Take care. JB.-
The recent dip in Bitcoin has sent shivers down the spines of traders, with many wondering if Bitcoin has finally hit rock bottom. One key price point has emerged as a potential beacon of hope: $61,970 . Historically, this level has acted as a springboard for Bitcoin, leading to rebounds in February, March, and April. But will this time be different? Technical...
4h time frame - TP: $14 SL: $9.4 - TIA is still on downward trajectory, but there is a potential long entry, made of two 0.382 Fibonacci Projection, first is the complete wave from $2.2 to $21, second and smaller one is the wave from $7.2 to $12.4, that could be seen as resonance for reversal. Target will be short-term, so put it at the obvious resistance around...
USDCHF - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell USDCHF Entry Level - 0.9192 Sl - 0.9229 Tp - 0.9127 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
The market is currently in a correction pattern and is reacting to a possible level of structure. Let's see if this the move that we are expecting to move price up. Feel free to share your views
EURCAD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short EURCAD Entry - 1.4699 Sl - 1.4728 Tp - 1.4647 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
DOGE's correction could be wrapping up the blue ABC soon, which could give us long trade opportunities. Ideally, I'd like to see a recovery above gray resistance and retest, for a new wave up targeting green resistance (around 0.165-0.170.
My dear subscribers, This is my opinion on the GOLD next move: The instrument tests an important psychological level 2301.9 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2331.5 About Used Indicators: On the subsequent day,...
The chart posted is that of the DIA as I have said this chart is and has been very clear in regards to the Pattern forming . In march at the spring Equinox on the 21 we peaked above the bb bands on the monthly and also peaked just under the super cycle channel into the fib projections 39580 to 40480 right in the middle 39880 . So we have a cycle turn that...
Short anywhere here now Stoploss - 195 Target #1 - 180 Target #2 - 170
My dear friends, Please, find my technical outlook for EURAUD below: The price is coiling around a solid key level - 1.6354 Bias -Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.6451 About Used Indicators: The pivot point itself is...
My dear subscribers, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0720 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.0707 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as...
My dear followers, I analysed this chart on GBPUSD and concluded the following: The market is trading on 1.2545 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.2463 Safe Stop Loss - 1.2592 About Used Indicators: A super-trend indicator is plotted on either above or...
The price of EURUSD will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
Pair : ETHUSD ( Ethereum / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves RSI - Divergence Break of Structure and Retracement Impulse Correction Fibonacci Level - 23.80%