*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Looks like my previous wave count was invalidated. I actually assumed that 69 k was the top of wave 5 but it was only the top of wave 4 (expanding flat) and wave 5 ends at 73 k (strong top). If you did your sentiment analysis properly, you can notice that almost every influencer is bullish and claims that retail is bearish which is a sheer lie. They are doing...
EURUSD has been on a sideways movement since last week. With major news this week, we begin to see some strength in USD as the markets grapple with economic and earnings news, likely to be not so good for the markets in general. Expecting the retracement from Monday's push downwards to the 680s and 690s range and if it holds in this area, the downward trend will...
Currently, crypto market users are divided into two camps: 1️⃣ - to the mooon with the first stop at 100k and 2️⃣ - the beginning of a correction to at least 50k. Two ultra-radical camps that will find 101 reasons why it should be exactly as they "want and expect" and not otherwise. On the #BTCUSDT chart, we have copied and displayed the fractal of #Bitcoin...
FX:XAUUSD continues to decline within the framework of corrective movement. Sellers are providing strong resistance and at the moment are not ready to let the price go above the key zones. GOLD → The bulls continue to fight back. Consolidation Earlier gold showed signs of strengthening, which in general the market evaluated positively and was ready to wait...
FX:NZDUSD bounces and strengthens towards MA-200 and resistance of the current trend on H1 against the backdrop of the dollar index correction. On D1 the medium-term outlook is clear. There are no prerequisites for the change of the global trend and most likely the fall after the resistance retest may continue. The dollar also at the moment does not give...
Tanmiah earlier broke ATH and took correction Price is moving in descending channel, however, price has reached a significant support level golden pocket (fib level) confluence breakout will be bullish flag formation Morning star formation at support level is positive for bullish trend after correction Entry at current price or after breakout of channel...
SPX, VTI forming a barish flag pattern in the 15m timeframe. The chart above is in 4h, to provide the fib view also. You can clearly see a bearish flag in the 15m TF, try it yourself. Target: 234-236 (-5.5%)
From a technical standpoint, the EUR/USD exchange rate has spent the last few days meandering around resistance on the daily timeframe. With the trend leaning in favour of sellers, resistance is seen between $1.0753 and $1.0726, made up of the following technical tools: • Horizontal resistance at $1.0739. • Quasimodo-support-turned-resistance at...
Through monitoring Bitcoin's weekly movements, it seems the bullish trend remains strong and is following the predicted pattern. There's an anticipated retest towards the bullish line around the $57000 - $60000 range, which is a crucial level to watch. If Bitcoin manages to rebound from this level, there's a high likelihood of it climbing towards the $83000 -...
15min SELL SETUP ❗️ This is a high risk setup as Asia High is right above the zone so take in consideration if you decide to trade it 🤝 Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit that BOOST button if you like the idea 👍 Share these 👉 and make sure to Follow me for your daily dose of gold trading analysis! 💯 Remember, always...
In time D1, it is moving in a descending channel. According to the type of structure and behavior after the break of 1.618 fibo, the previous wave is currently continuing its upward path after the pullback. The type of corrective structure is not observed in that micro wave and it has good momentum (according to the behavior of the dollar index #DXY , this...
Good morning Traders ☕️ This is the only setup that I see clearly at the moment 📊️️️️️️ Gold is slowly going down since Monday but we need to take in consideration the news from this week, as I can be a rollercoaster 🎢 I will check on London Open for an entry if not, I will stay away 😎 Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit...
Price is moving in uptrend and recently take a correction Price started forming HH, HL again after taking support from golden pocket Trendline resistance breakout and retest is observed Morning star formation at Trendline support confluence a bullish potential Take entry with SL below 140 (aggressive), 131 (conservative) Trail SL and enjoy the ride
Conflux (CFX) is a public layer-1 blockchain that is more scalable, decentralized, and secure than existing protocols and is designed to power decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure. Conflux makes it easier to transfer valuable assets by making the process quick, effective, free of network congestion, and with low transaction...
Bullish Points formation of HH, HL Breakout of trendline resistance and retest Reversal from fib level (golden pocket) Entry can be taken now SL is specified Trail SL and ride the trend
CME_MINI:NQM2024 - PR High: 17503.75 - PR Low: 17453.75 - NZ Spread: 112.0 Key economic calendar events 08:15 | ADP Nonfarm Employment Change 09:45 | S&P Global US Manufacturing PMI 10:00 | ISM Manufacturing PMI - ISM Manufacturing Prices - JOLTs Job Openings 10:30 | Crude Oil Inventories 14:00 | FOMC Statement - Fed Interest Rate Decision 14:30 | FOMC...