Pair: FX:EURUSD Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Stochastics are in Oversold Conditions on D1, H4 and H1 time-frames - Price action has some support trend-line holding it - Horizontal trendline looks like a demand zone across the years - Horizontal trendline (Red) is at the 1% Fib Extension Level -...
Today’s gold trading situation is as follows: 1.Xauusd: @2293.28 Sell, TP:2386.5 Profit: +$ 2696 2.Xauusd: @2378.43 Buy, TP:2394 Profit: +$ 6228 3.Xauusd: @2395.23 Sell, TP:2386 Profit: +$ 2769 Today, we made good profits in both long and short gold transactions. The total intraday profit exceeded $11k. We have continued our 9-game winning streak in recent gold...
An updated bullish count showing impulse wave 3 of 3 of 5 complete and wave 4 of 3 of 5 in progress. If this is correct, then wave 4 is looking like a zigzag, and I anticipate the (A) wave to complete between 4834.76 and 4929.37 before the bounce of the (B) wave starts. 5264.85 will likely be the top for the next several months.
According to Elliott Waves, we are still in the fourth wave which extends from 73777 to 49950. Sometimes Bitcoin exceeds the wave level, I Think that Bitcoin is not finished falling, and will start falling from 74,000 – 71,000 to the red level of 55,900 – 49,900. Then after that we will witness a real bull run extending to 85,000
ASX 200 Index (XJO) closed yesterday sitting on major support line @ 7603. Long-term higher highs have previously been established since 2021 indicating overall positive market growth.
For my sport memorabilia enthusiast do i got the one for you. Introducing VET, a blockchain foundation who has just announced a relationship with the UFC. VeChain is powered NFC and blockchain tech that will be integrated into the gloves of the fighters, hence collectibles. Authenticated by blockchain. I think this is big for collectible, because i also read that...
Hi guys, I hope this finds you ok and that you've booked some profits up there :) If not... hope is not lost, although with hope I lost a lot of money in the past. That's how we all learned. So, BTC is about to go touch the Tenkan Sen Weekly and maybe the 3D Kijun Sen at about 52k due to the snowball effect. Watch the video, boost it if you enjoy it and...
Daily bouncing of .618 hold this level RSI looking bullish + MacD ASWELL. weak resistance ahead at @$1.50ish if it flips to support then its off to $3 with plenty of further upside after that
There is a chance that price could continue bullish from here, BUT I can NOT ignore the fact that there is a weekly head and shoulder possibly printing. Which will send price bearish for quite a bit. On top of that, price has not really broken this area of price since 2021. This is a key level of price for EU. There has been 4 bearish engulfing candles in this...
I invite you to review ETH on a one-day interval. Let's start with the current rebound, as you can see the price has dropped to the first buying zone, and when BTC stays above the $60,000 level, we may see prices rebound in the coming weeks. Next, we have a defined purchasing level 2, and then another very strong zone for price fairization, but I do not expect...
PEPPERSTONE:NAS100 has broken the strong support zone indicating a potential correction of recent 20 weeks bull rally. Moreover, recent geopolitical circumstances triggered a massive sell off in stocks. Good opportunity to capitalise on short setup in NAS from fib 50-75% levels
Watch this space for more update, OIL is now bearish . We are setting second sell limit at 86.17
Hello traders, you will find all necessary informations in the chart above. Even if we see drops in the near future, the long term outlook is quite fine! Think about all the money printing, the financial crisis and the pandemic. Save your wealth and stay healthy! My opinion only, no financial advice.
FX:XAUUSD is trading exclusively in a bull market. Quick and temporary reactions to the news are quickly exhausted and buyers regain the upper hand on the metal's price. Yesterday the price made another retest of the support at 2330, which has the status of an intermediate bottom. This area held the price and after that the market returned to its true...
FX:EURUSD is testing 1.0864 for a breakout. The price is heading towards downtrend resistance. Unpredictable CPI ahead, but technically the currency pair could bounce back down. All eyes are on the consumer price index today. Traders expect a strong decline in the CPI from 0.4% to 0.3%, which generally indicates the state of inflation and is a strong lever for...
Looking at EW triangle to still be in play. If bottom of the day (59729.39) holds as support, looking for impulse wave up to 70-72k area over the next week, with 72756.63 to hold as resistance.
Bull count in green, bear count in red. Area in orange ellipse started off as chop monster, more impulsive action since 12 April. Given the depth and price action since ATH, odds moving strongly towards top being in. I am now watching for a larger (and more complicated) leading diagonal setting up. Even we get a (temporary) bottom today and move back towards 5200,...
I think ASML will decline with the Elliot correction wave after today's financials. I think this correction could be up to $680-820 levels. There is a gap around $ 780, at least I think this gap will be filled. Every upward reaction in ASML above around $900 is an opportunity for a short position. As long as ASML remains below $1050, I plan to increase my...