New Thread ok everyone our levels for April 21st are Bulls calls over 502.50 price target 504-505 max508 maybe unlikely wouldn't count to much on the upside targets Bears short everything under 502 price targets 495-490-485 and as low as 480 this week my scenario playing out this week is a range 488-500 max this is what I anticipate the week forecast stuck in...
Hello dear traders! The current situation for GBPUSD shows that the downtrend is still continuing to develop after a recent strong breakout in the 1.242 area. Currently, GBPUSD is stable around 1.2363, with a slight increase of 0.11% on the day. However, trading activity is still controlled by the exponential moving averages EMA 34 and 89, which shows a not very...
The price of Bitcoin is preparing for a final drop to the downside, to 57k per my calculations! The price is still inside this bullish flag formation, and we still need to complete the ABC corrective pattern from the Elliott Wave perspective. At this point, I cannot be bullish at all, just be patient and wait for 57k to be hit before buying BTC! It's also...
Hello everyone, nice to see you again in today's chat! Today, we will analyze and propose a strategy for BTCUSD together. Currently, BTCUSD is in the process of consolidating at high levels, with stable trading activity on the 1-hour timeframe. Bitcoin price is currently trading steadily above $66,000. Additionally, a bullish head and shoulders pattern is...
Hello dear friends, what are your thoughts on today's gold prices? Gold has recently experienced a sharp decline, distancing itself from the near $2400 mark to trade around $2311, losing nearly $65 from the same time yesterday. What caused such a significant drop in gold prices? Global Economic News: Ahead of the Federal Reserve's June monetary policy...
Hello dear traders! In general, EURUSD fell as we predicted before, but the price quickly bought back from the lows and changed the local trend of this pair in the short term. However, technically on the demand chart, investors are still waiting for adjustments to capture market liquidity. The H4 setup shows strong resistance from the market as the price broke...
Greetings, astute traders! What's your take on the BTCUSDT trajectory? This digital currency has once again caught the tailwinds of resurgence, rebounding robustly from last week's sharp correction. It appears BTCUSDT has embraced momentum after a strong show of support by the Bulls at the $61,000 frontier. Furthermore, a price uptick followed a successful nod of...
Hey Everyone, Yesterday we had EMA5 cross and lock below 2371 opening the retracement range 2355 and 2333. - Both levels were hit. Today we had the lock below 2333 opening the swing range levels below, which we said will allow us to buy dips on bounces on the Goldturns. - Each of the Goldturns withing the swing range gave nice bounces inline with our plans...
Hello dear traders! The XAUUSD correction continues to build. The price broke through the $2356 support level as we expected as measured by the 0.5 Fibonacci. The price quickly dropped to 2,300 USD and stalled above this level for a few hours. At the time of this article, the price was trading stably at 2,309 USD, marking a decrease of 0.75% on the day. It is...
Hello dear traders! XAUUSD touched 2317 USD continuing its downtrend as the market gradually eased concerns about escalating tensions in the Middle East. This means that gold - which is considered a risk haven - has lost its position. Regarding impact news: comments from US Federal Reserve (FED) officials suggesting there is no urgent need to cut interest rates...
Hello friends! Currently, BTCUSDT is still continuing its recovery trend, with prices above the $66,000 mark. Specifically, it is trading at 66,730 USD, up 0.47% on the day, and the uptrend is still popular with medium and long-term investors. Observations across different time frames show that BTCUSDT is making significant progress, with a promising bullish...
Hello dear traders! Today, BTCUSD continued to recover from last week's chaotic fluctuations. The price has remained stable within its trading channel and has shown an impressive recovery after approaching the lower boundary of the channel. At the same time, a bullish flag is gradually forming. Theoretically the price will quickly break the upper limit of the...
Pair Name : USD/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Reversal...
Pair Name : EUR/USD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break...
Salutations, dear friends! Let's embark on a journey to uncover the tale of today's gold prices. As Tuesday's session unfurled its golden curtains, we witnessed a rapid retreat in gold's valor. At this juncture, this noble metal has forfeited nearly $26, circling around the $2300 mark with a descent of 1.08% on the day. This downturn has been etched into the...
Greetings, fellow crypto enthusiasts! What's your take on today’s BTCUSDT market — are we donning the bull or bear hat? Diving deep into the analytical charts, I discern that the bullish currents for this crypto still hold merit. Despite a short-term wave of adjustment with a 1.09% dip on the day, this digital asset has indeed etched out new supports, fortifying...
Hello dear readers, What are your thoughts on today's gold prices? Currently, gold is trading around $2,318 per ounce, reflecting a slight decrease of 0.17% within the day, with a nearly $5 drop at the time of writing, and it remains on a downtrend. This precious metal has seen a significant decline following profit-taking actions from investors as it failed to...
FX:XAUUSD is entering the correction phase. Earlier, based on technical and candlestick nuances on D1, I warned about the approaching decline. Gold is eliminating buyers and apparently heading towards 2267, 2228. April 19 idea: The market is getting ready to turn around, collecting liquidity from buyers On H1 the price is forming a bearish momentum, since...