FX:XAUUSD is moving from the consolidation phase, to the phase of realization of accumulated potential and rallying to 2400. The price enters one of the key ranges. The fourth wave of correction is coming to an end and a rally within the V wave is being formed. The potential target could be 2400-2550. The price is returning to the range of 2398-2362. If the...
On the above weekly chart price action has corrected 96% since late 2021. A number of reasons now exist to consider a long position, including: 1) Price action and RSI resistance breakouts. 2) Support and resistance. Price action prints multiple weekly candles on past resistance. Oh yes. 3) Regular bullish divergence. Multiple oscillators print positive...
A inverse #HVF appears to be in progress on the #GDX @TheCryptoSniper Coincides with a probability that gold has put in a major secular top being pushed down by positive real rate environment.
On the above 2-week chart price action has corrected 95% since early 2021. A few reasons now exist to consider a long position: 1) Price action and RSI resistance breakouts. 2) Support on past resistance confirms. 3) Trend reversal. A higher high prints. 4) The wedge pattern allows for a price action forecast to 130. Is it possible price action corrects...
Ebay. Bid on this. Ebay was in an uptrend that reached its peak in September '21 when the price entered a distribution stage in the form of a Double Top pattern. In December '21, the price broke down from the Double Top pattern and entered a downtrend. he downtrend persisted, making lower lows and lower highs from December '21 through October '22. The price...
NZDCAD may retrace from a key daily horizontal resistance: The price formed a rising wedge pattern on an hourly time frame and violated its support line after the text of the underlined structure. I expect a pullback to 0.8212 ❤️Please, support my work with like, thank you!❤️
In Dollar terms. We have analysed the FTSE100 #UKX the GBPUSD and UK Housing on a big time frame scale before. Here we have the FTSE 100 and the UK companies which have pricing power versus #Sterling which we know is heading to sub $1 As we have expectations of the #GBPUSD to target 0.71 in a head and shoulders target close to a 50% drop from current...
Hello everyone! If you enjoy this content, please consider giving it a thumbs up and following for more crypto updates. Welcome to this ETH/USDT Quick Update! The chart suggests a potential bullish continuation for ETH. It's currently consolidating within a falling wedge pattern, historically considered a bullish reversal sign. There's also good support around...
Hello,Traders! GOLD is trading in an Uptrend and the price Broke out of the bullish Wedge pattern and the Breakout is confirmed So we bullish biased And we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Today's US fundamentals are very bearish for Dollar Index. After a test of a key daily horizontal resistance, the price formed a strong bearish imbalance and violated a support line of a rising wedge pattern on a 4H time frame. I think that the fall may continue. Next support - 104.9 ❤️Please, support my work with like, thank you!❤️
What part of the bull market for precious metals are we at right now? More importantly, is this breakout and back-test on the weekly chart complete? $apm.v OTC:ANPMF #silver @AndeanPM
Euro Stonks are raging higher Euro zone growth has been terrible ever since the inception of the #EU and especially with the introduction of the common currency. (common currency but uncommon debts) Why are they going up now Are they simply playing catch up Is the ECB going to engage in FED like stimulus and PPT activities? Currency devaluation or actual...
Starting from a weekly timeframe a falling wedge nearly 7 months in the making is observed on ALB charts. Notably the wedge formation appears beside rising momentum, drawing the supposition a price bottom could be forming. Considering trades, the question is whether a breakout is imminent or if the price will break down once more to retest the bottom of the wedge....
EDITAS could be in the bottoming process, I am watching it for a few years now. We have a falling broadening wedge, on which we had a breakout already. This is part of a bigger falling wedge (blue). It is techincally possible, we had put in the lows at 6.35 as a wave 5 (as an ending diagonal), which is part of wave V as a last wave, of the biggest Wave (II)....
BTCUSDT Falling Wedge breakout on 15m TF. SL: 61207
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price entered to downward wedge, where it broke $1.0850 level and fell to support line. After this movement, EUR turned around and made upward impulse to resistance area, exiting from wedge pattern. But soon, price exited from resistance area,...
#BICOUSDT 📈🤑 __________ Hi Traders! On The 4H Time Frame📊: The Falling Wedge Pattern is Formed ✅ Now it's Ready to Break the Pattern ✅ In Case of Successful Breakout ✅ Expecting a Bullish Move of 30% in Coming Days 🚀
A 3X on a stock index is massive,. Because what that major move individual companies will be 10Xing and more. So knowing the major trend is crucial As it keeps you in the game when u maybe wanting to convert into Fiat (we also need to chart in USD. BTC, OIL, GOLD and housing as venezuelan stock returns are useless if we can just hold one of these other...