After hitting the bottom of the rising channel of the higher time frame, gold showed a good reaction and was able to move up about 200 pips. I have now outlined the scenario I envision for gold on the chart. If the gold 1-hour time frame candle closes below the number 2165, gold can go down to the targets, but if this range is maintained, gold can continue its...
I am observing a very intressting Pattern here which might start Bearish and then take off
It's clear to me we have completed 5 waves up - what comes next will be dependent on time - as it says if we can't make a new high before the 10th of April expect this to fall a lot - ( I have this date marked with a vertical line on chart).
Badger is on the verge of a breakout Badger fall from 90$ on Feb 21 Badger completed its ABC correction now it's time for the first impulsive wave 1 after 686 days of correction Two main targets I watch for 1st around 8-10 2nd 14-19 Targets mentioned DYOR NFA press like👍 & Follow if you enjoy. some badger old memories another one
If my counts are right it's suggesting we're getting pretty close to topping out before starting a pretty deep correction.
I have spotted a supply area in USDCAD on the H4 timeframe. Suggesting there are potential sell orders yet to be filled. We should wait for the break of risk trendline for a safe entry, aggressive traders can execute sell now.
In the daily and 4-hour period, it is moving in a descending channel, which is currently in the area of the bottom of the channel, with the formation of a corner pattern, after a higher floor and leaving the density to the specified supply area, it can move upward in the lower time frame (H2). -H4). The specified areas can be considered as a fluctuating vision.
In time h4 and D1, it is moving in an ascending channel, which has gone through a complete ascending cycle, after which it faced a correction, which can now also have a pullback to it with the shape of the range, and at least 61.8 waves before. fix himself Therefore, you can wait for pullback and candle to confirm it for selling position.
GBPJPY is currently in a bullish trend, but making some corrections before the next impulsive move. We have a fresh demand zone which is our point of interest. For better entry, wait for rejection at the demand zone, and if by any chance i am available, i will make an update for confirmations. Trade safely
A quiet week ahead with no major economic news. At the end of the week, most of the markets will be closed and we will see much smaller fluctuations. Technically, we expect to see lower values, but there are no current entry opportunities. Grounds may be there after correction and pushback. The target will be a drop below 1.0800, where the next important...
Waiting for EURUSD to come to the supply POI which is my point of interest. Then will be looking for confirmations for better entry such as; break of risk trendline, rejections e.t.c
Waiting for XAUUSD to come down to the point of interest for unfilled buy orders, when it comes back to the zone, there are factors to consider such as break of risk trendline, rejections, and momentum candles. I will make an update if trade is ready for entry
It's been a while since we've done an update on our Silver analysis as market has been in an accumulation phase. But nevertheless, we are still holding onto our Silver buy position & it is running in strong profits🦾 Currently giving us a 24% ROI (4,800 PIPS).
On the basis of earlier probabilistic map (which captured how price is being governed by golden rule on a bigger scale) , I'd look for same relationship to interconnect the chart on the short-term too. So at this point it's also important One of the earlier significant price developments would include the fact of bottoming late 2022 after the fall of -77%. Since...
BUY EURUSD for uptrend continuation The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember...
EUR/USD is holding its bounce above 1.0800 in the Asian trading hours on Monday. The US Dollar pulls back following the previous week's upsurge, helping the pair stay afloat amid a mixed market sentiment. US Dollar and Fedspeak stay in focus. EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is...
SPX500 went up and Retested the horizontal Resistance of 5147.42 From where we are already Seeing a move down So I think that we will See a further move down !
Elliot wave analysis performed on 3I Infotech Ltd. It looks like wave 2 retraced 0.65% and is showing bullishness. If you observe closely, wave 1 comprises an impulse wave, and wave 2 includes a flat correction pattern. It makes sure that wave two is formed and price action can show 3rd wave, which will be rapid and stiff in personality. The "Trend Based Fib...