No doubt BINANCE:RSRUSDT have gained over 700% since it All Time Low but the good news I bring to you is that there is still a potential 170% left. Looking closely from the daily timeframe you will see that this outburst is clearly impulsive in which wave 1, 2 & 3 has been completed now we are in wave 4-yellow and in couple of weeks we should be heading up for...
On the daily timeframe analysis I talked about how we might be seeing 170% gain coming weeks but then I want to call your attention to the possible right entry here. The supposed wave 3 on the daily timeframe might be 5 because the Fibonacci Extension to that point is 300% which I would say is over extended for a wave 3 as opposed to the 168% and if 200% which...
Hello,Friends! NZD/USD is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level...
our last signal hit SL we change our prediction, looking for another scenario, wait for confirmation, take another short position, and good luck here is my new scenario. the price will go up reaching the trendline as seen on chart. then i'll wait for any bearish candlestick pattern on H1(it could be engulfing, shooting star, etc) before take any short pos.
Hello,Friends! GBP/USD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 2H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.238...
Hello,Friends! GBP/NZD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 2.110 area....
Hello,Friends! It makes sense for us to go short on AUD/CHF right now from the resistance line above with the target of 0.578 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
FET attempted to break out of our green Target Zone ($1.91 – $2.51), but bounced back from the upper edge of the range. Primarily, however, we continue to assume that the last sub-wave of the orange-colored wave iii should lead to a significant rise out of the Zone. Only a drop below the support level at $1.63 will alter our outlook. A break of this mark will...
Hello,Friends! We are targeting the 80.21 level area with our short trade on USOIL which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Last month, everyone was hyped about Nasdaq NASDAQ:NDX and some media stocks like NVidia. we were telling our customers and followers to manage their risk and warned them about market correction. In this analysis, we are using the Wykoff method to define accumulation, mark-up/down, and distribution phases. Our technical view has been shown in the chart. If you...
We see the possibility of further declines. Impulse wave has closed.
The Dollar moving really nice! Price is very close to our $108 (Wave 2) target. Using this DXY long analysis, you'd know to short the XXXUSD markets.
#Freshview Dt 25.04.2024 #RCF CMP 150+ Weekly chart Elliot's impulsive 5-wave formation with trendline support Accumulate in SIP Price Momentum 120-136-152-164-186-216-230+ Hope for the best. Stay Connected #TEJGYAN
There is a possibility of a five-wave rise. It will break through the highs upward.
Could this be the next BEAR RUN for AUDUSD? Based on what price action is showing, the market is testing a strong major structure. The market is still bearish on Weekly TF. We could probably see a downtrend movement by this week. Let's see how this will play out. Feel free to share your ideas
This market looks interesting. I see a possible downside continuation based on what price is showing on the weekly TF. Overall is bearish and we can see that price has broken a weekly key level to the downside, a short term correction is needed for the downtrend continuation. Let's see how this coming week will be. Feel free to share your point of view.
XAU-USD is going up now But will soon hit a horizontal Resistance level of 2366 from where We will be expecting A further move down !
Hello everyone. It's expected by April 29, Bitcoin will go up from current bottom at (60600) $ to (103000) $ zone, around the 1.272 Fipo level. I think that will take about 2-3 months before a huge collapse. Thanks for reading. Best luck