Yesterday , we continued to grow in Bitcoin and have completely filled our sales zone -$71,500-$73,000 (accumulated volume zone), and got a reaction from it, as we said earlier we do not use these prices for opening global short positions.
Now we have received a little support at $70,000, when retesting this mark and buyer's reaction, you can open long positions...
The GBPUSD is encountering a formidable resistance zone between the levels of 1.26720 to 1.26850. Within this range, there is a convergence of factors including previous swing levels, the 50% Fibonacci retracement level, and an impending trendline break. Conversely, buyers will be looking for a break above this resistance to negate the bearish setup and bolster...
I'm leaning towards an expanding diagonal in WTI to finish wave (x). Reasons are 1) sharp sell-off on Monday, which appears to be a wxy double zigzag rather than a five-wave impulse 2) the subsequent bounce appears difficult enough for another double zigzag.
Of course, I could be wrong about the bearish case, but I'm sticking to it so far, despite the fact that...
Very probable. In the next 6 to 9 months.
This idea is a continuation from the idea:
‘Is Bitcoin about to collapse to $20k ??” published back in December. You can read it here: tinyurl.com
Previously the $20k target was based around the idea of a wave 4 Elliot wave correction. A strong sell signal on the weekly. Now everything is in reverse. Wave 5 rally seems...
Hello traders,
GOLD is making us so so so impressed.
This is a non-stop trend that is going to reach 2400 very soon.
On this daily chart, GOLD has reached FIBO EXT 1.618 already.
The new trend line is possible to be retest before it rallies up again to test FIBO EXT 2.0, 2407 on the top.
GOOD LUCK ON THIS TREND .
LESS IS MORE!
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about BLUR
BLUR Falling wedge Breakout Has Already done in 4H time frame ✅
Expecting 40% Bullish Wave 🚀
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About PERP
(Update)
The Symmetrical Triangle Breakout Has Done In Weekly Timeframe⚡️
Expecting Massive Bullish Wave Towards 600% In Coming Weeks✍️
We see following facts:
1) Facts for go down:
The probability that we will go down is higher than vice-versa. You can see this on 2W time frame;
According to Elliot waves principle the Triangle appears in the wave 4 position, more frequently than vice-versa. Moreover the target of this triangle formation is already reached;
DXY is rising, there are...
-Trend Channel has been broken to the downside, we Have 3 wave impulse move occurring, we on the final wave.
-Break of trend completed we no ion down trend.
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about LDO
LDO Symmetrical triangle Breakout Has Already done in 4H time frame ✅
Expecting Massive Bullish Wave 🚀
Bitcoin holding a very important key area here.
DCA longed on this from below 68500.
Tight and Flat SL at 67650(1%)
If it holds here. Targeting 78k(easy one) and 88k.
Note : Not a Financial Advice.
Gold price prolongs its strong uptrend, climbs to fresh all-time peak beyond $2,350 level
Gold price attracts some buyers for the third straight day on Tuesday – also marking the tenth day of a positive move in the previous eleven – and climbs to a fresh all-time peak during the first half of the European session
From a technical perspective, the Relative...
1 Hour Chart:
Pivot
86.00
Our preference
Long positions above 86.00 with targets at 87.10 & 87.60 in extension.
Alternative scenario
Below 86.00 look for further downside with 85.35 & 84.65 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and...
