Dear friends, gold has pulled back to the 2288-2286 area as expected. First of all, congratulations to everyone. Our short position finally touched our target position, TP: 2288. At present, gold is under pressure to adjust downward after hitting the highest position of 2305. So where will gold fall? According to the current gold trend, gold is currently...
Looking at the provided chart of the S&P 500 Index (SPX) on TradingView, I'll perform a technical analysis incorporating the visible indicators and tools. Here's a detailed breakdown: Date of Analysis: As of the latest data point visible on the chart. Timeframe: Daily (1D) Technical Indicators Used: Ichimoku Cloud: The price is currently above the cloud, which...
🔍Today, we're analyzing Ethereum/BTC in the weekly timeframe, crucial for understanding Ethereum's position relative to Bitcoin, especially amid the DeFi landscape where Ethereum plays a significant role. 💎Towards the end of 2021, ETH/BTC encountered resistance at 0.08511 and has since been undergoing correction. Upon plotting the Fibonacci retracement, we...
ROKU on a daily chart is sitting on support in consolidation since the trend down after the last earnings report. In three weeks there will be another report. The prior report showed negative earnings but it did beat the estimates while revenues were a mild surprise. I expect ROKU has done some belt trimming to try to get expenses decreased while growing...
After the short from March 7th until March 20th we saw a rebounce. It has reached more than 50 % retracement now and I think that it is worth to play the downside again.
I'm not a day trader nor a scalper so i'll give my view in a bigger picture I can't explain much, so here i'll just import my fibonacci draw, i hope you can understand it. As you can see Gold have a great potential here to reach all the way to 3000 Ok that's it, Trade safely.
I am seeing sell program on AUDUSD Execute entry on London kill zone Reason why 1.HTF liquidity taken 2.Price in Supply PD array Can wait for 5M BOS for safe entry .
4H TF OP has created a reversal pattern, now it's trying to test resistance at 3.25 If OP can break and close above this resistance, I expect price will go higher 3.5 that zone is Supply Zone Wait for confirmation before trade
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Wow, what a mess. The clearest thing I can see here is a ZZ pointing up and a move that retraced back beyond its origin. Didn't squirt hard enough, it seems. An impulse down would be ideal, or could go sideways.
Apple Inc. (AAPL) stock is currently showing mixed signals on the daily timeframe when assessed with the Ichimoku Kinko Hyo indicator. The price is trading below the cloud, indicating a bearish bias in the market. The conversion line (blue) is below the baseline (red), which often suggests that bearish momentum is present. However, the lagging span is above the...
Regrettably, our Tesla trade within the 2-hour timeframe faced an unexpected stop-out. The anticipated completion of Wave 2 hasn't manifested, evident in the broader timeframe. Initially, we presumed it concluded at 50%, specifically at Wave C around $195. This presumption was invalidated post the recent earnings call, signaling a potential double correction....
In our exploration of the stock market, we don't limit our analysis to just short-term charts; we delve into the longer horizon as well. Ford has particularly caught our attention. Our initial entry into Ford was at $10.30, a point which, upon reviewing the broader picture, appears to have been very close to the bottom—hopefully, the lowest point it will...
Gau has been a performer for sure over the past few weeks. I mark my entries with green dotted lines. The token has built a supportive structure as it pumps slowly, I prefer this so there are obvious fallback zones. Another push for 18 cents is coming soon. I expect 35 cents in the next few weeks.
The show must go on. For gold, we are witnessing further all-time highs. However, we also expect a reversal soon because we don't have much room or options upwards unless we've made a significant miscalculation. We are considering the level between 161.8% and 227.2% as the maximum for the subordinate Wave (iii) we are currently in. We are still working to complete...
OANDA:EURUSD has been in bearish trend forming lower highs and lower lows. It can give short opportunity on retracement between fib 50-75% level.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Nice clean count so far, especially the ZZ in there. 👀 Looking for that Wave 4 and 5, and reversal.
Nifty and Bank Nifty analysis and trade plan for tomorrow, Friday. 5th April | #nifty #nse
BTCUSDT possible pullback . Currently the price formed multiple daily inside candles and traded sideways . Short or a deep pullback is possible only If price break down the the low (683590) and close below the trendline and POC .RSI must be below its red MA and 50 level. if the price breaks the high (71769 ) the trend has more probability to continue up and...