In the weekly time, after a complete correction cycle, after the failure of the dynamic trigger, it has entered an upward phase, and the green box can be considered as a support for the continuation of the upward path of this currency. The first supply zone must be broken to continue, which will at least have the ability to return to the 0.0017900 zone. Therefore,...
The striking correlation between $flokisusdt and BINANCE:PEPEUSDT will make you think they're being developed by the same developer, it is insane. Starting from the wave 2 and 4 of the of wave 1-yellow being a classic Zigzag and Triangle and wave 2-yellow for both being a classic Zigzag as well. If you missed that big run for Floki and Pepe (called it since) ...
Given that the price has crossed the 78.6% level, the recent bearish wave is expected to be part of a correction. It is expected that a trend change will be formed in the current support range and we will see the beginning of the upward trend. By crossing the support range, the above scenarios will become invalid
As per neowave analysis wave D is to unfold its mega wave ''C'' wave A and B are Flat to reach the 1.618 of previous wave today this will happen ,from next week onwards you can see the ABYSS All important levels are given in the chart, trade accordingly. This is as per wave theory, real time application into trade is on your risk
🧠Following the mainstream currencies, we made in-depth adjustments and entered the daily-level buying zone, retracing more than 60% of the gains. From here, we can see the potential of the bull market. Because we still have many goals that have not been achieved. If the bull defense point continues to be broken down, the bull target above will be invalid. Let's...
Description: - 1-2, 1-2 setup, 2nd wave (leading diagonal). After some research concluded that there are only 2 bullish scenario's, namely 1) straight into 3rd wave or 2) in B wave (ABC). For obvious reasons, a prolonged correction would be ideal. A deeper pullback for a wave C would bring the 1.618fib much higher.
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
I would say that the month of April was very weak for Gold. Even though the market updated the ATH and we saw quite a strong rally at the beginning of the month, bulls quite quickly lost the momentum. We can even conclude that the rally finally stopped and the market started to consolidate within a horizontal range. For the last 10 days we see a steady shift...
this stock recent complete descending triangle corrrection daily time period and move upside breakout level b-d trendline cross .
Gold is currently moving above an uptrend line and has broken a bearish triangle pattern, indicating its intention to continue the uptrend. As long as the uptrend line holds, gold is heading towards 2360. However, if the uptrend line is broken, we can expect a price decline towards 2260.
Bitcoin Confirmed Another Bearish Move During these days Bitcoin broke down 60K price zone by increasing in this way the bearish momentum. This is the minimum confirmation we have of the bearish wave we are predicting. If the price develops in this area for more days, it will reconfirm that this strong bearish breakout is strong and the bears can add more in...
In the previous analysis, it was noted that the market might remain subdued within a sideways zone. Despite this, there hasn't been any bullish indication in current levels, with prices closing below the sideways range of 22737 / 22676. Let's examine potential price movements for different opening scenarios on Friday, May 3rd, 2024: Gap Up Opening: If prices...
GBPCAD - A Bearish Technical Perspective With the current data GBPCAD is showing for a possible bearish opportunity The price looks like completed a 5 wave pattern and if this is the end of the wave then it should be followed by a bearish correction soon. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or...
a zone tested several times means liquidity, so we must always go for liquidity zones! It looks like the dollar will continue to strengthen.... Watch for a good entry pattern! Keep it Simple! If you liked it, don't forget to follow me! :)
After NFP gragra, the actual trend resumes, wave 'B' is completed and wave '1' of the wave 'C' is already in motion. Buy USDCAD, goodluck
In the Asian market on Friday, gold traded sideways at the important 2300 mark; on Thursday, the price of gold staged a rebound of over US$20 during the NY session. The U.S. dollar index fell sharply from its intraday high of 105.90, which provided gold prices with rebound momentum. In addition, tensions in the Middle East also attracted some safe-haven buying....
that the market is rigged. Not by nefarious actors bent on dominating the world, but by the humanity all participants naturally possess. We are a group of people who trade variety of assets, and we cannot avoid the implications of the group component. There is a large measure of mass psychological force that influences the way prices move and levels to which...
Bitcoin worse case IMO Don't get shaken out Continue to accumulate