After hitting target 1 on 101.50
(Analysis 1 is mentioned lower)
our next target is on 108.35
Analyst Elements:
Chart pattern/ wave analysis / wykchyoff theory
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GC gold FUTURES long signals the probability of the buy signals is much more important than sell signals, I highly recommend looking for long trades,
the red line is very important if the price breaks it with force and volume we will have i high probability that the market will touch a new peak that the never reached before, professional view.
Time to get that cake
Long on CAKE perp
Conditions :
- broke out of range
- wait for retest to previous resistance
- determine a rebound and long from there
Target :
The 200 EMA on the 4H confluence with previous supply zones
Idea for ETH
Cut your losses short
Let your profit run
Target profit is based on Fibonacci retracement.
There might be some changes.
I see some sideways pattern for the next 1-2 days before breaking out (though I can be wrong).
Disclaimer on.
Be careful while trading.
We had a strong bullish move on HTs. The MACD on 4H is showing some bullish momentum as the RSI. On LTs we had a down trend which is over after creating HH and the Ichimoku cloud is bullish again. I am expecting a pullback to the yellow support and kind of consolidation so the RSI and MACD on LTs can cool down and another leg up afterwards targeting the daily...
This Monday morning is soo exciting! ETH has thrown quite a few jabs last Sunday driving volatility and kicking traders out of their beds 😄
Looking at the market data one could find ways to explain the dip and bounce back would be perfectly reasonable. Except for ETH futures announcement. Here it gets more complicated. You would think that positive publicity would...
