🏃♂️ Bitcoin is moving near the 🔴 Resistance zone($69,000-$67,800) 🔴. 🌊According to Elliott's wave theory , Bitcoin seems to be completing wave 4 . 📈The Classic Ascending Broadening Wedge Pattern is also visible in the chart. 🔔I expect Bitcoin to fall to at least near the Support line after breaking the lower line of the Ascending Broadening Wedge...
🏃♂️ Gold is moving in the 🟡 Potential Reversal Zone(PRZ)($2,320-$2,280) 🟡 and near the upper line of the Ascending Channel. 🌊According to the Elliott wave theory , Gold seems to have succeeded in completing main wave 5 . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔I expect Gold to have a downward trend in the coming...
From the weekly chart we see a market that is on a major resistance level as the week closes. in the 4H timeframe we see their was presence of an impulsive move to the down side indicating their is presence of alot of selling pressure. what do I think ? 1. I think market will retrace back to around 191.278 using our rules of impulses where we introduce the...
SLERF gained a substantial community in no time. MEME coins per se do tend to make ridiculous moves. Remains to be seen if it can make its way to the 1B MC club. These are the lines to keep an eye on.
FX:XAUUSD breaks records and updates the high to 2305, but technically, the implied target is still not reached. Today Initial Jobless Claims before NFP is published and the market may go into a consolidation phase. On D1 we see the dollar declining after a false break of the resistance at 104.94 as well as the downside resistance. Ahead of Initial Jobless...
Today's setup is all about staying cautious and playing it smart after yesterday's successful 100+ pips trade! 🎉 I'll be trading only before news hits, keeping a tight grip on those gains and not giving anything back to the market. 📈 Yesterday saw a strong sell-off from the all-time high during the New York PM session, so my expectation is for today to close on...
Potential Choch to the upside waiting for price to fill imbalance to go long. Patience on entry.
CME_MINI:NQM2024 - PR High: 18118.50 - PR Low: 18074.75 - NZ Spread: 97.75 Key economic calendar events 08:30 | Average Hourly Earnings - Nonfarm Payrolls - Unemployment Rate Cheap discount margins raised for employment numbers - Massive inventory run prev session - Holding near lows from Mar 15-19 (pivot level) - Prev daily bar engulfing 2 preceding...
Based on Fibonacci and mid BB level that BTC will reach 75k as fibo target 161%, Now BTC in consolidation range of fibo 50-60%
Dear Followers, I hope this message finds you well. I am reaching out to provide you with an important update regarding NSE:IKIO I'm pleased to inform you that recent market analysis indicates that has found significant support at its current levels Near 290-293. This support indicates a strong foundation for the stock's value, potentially mitigating...
Here are the reasons behind the trade Uptrend Price moving in ascending channel Will test the 0.68 fib level then execute the order
The major reasons to take the following trade are: -Uptrend -Price at 0.38 fib level -Ascending Channel
AMEX:SPY April 5, 2024. 15 Minutes. Stop loss hit. But the target was achieved as expected. One of the days where we tend to blame. Cheated. Gapped at open. Closed trade and computer. Knew it was not my day. No trade today also. The chart is corrupted. We have 508 as 50 average in daily. Possible target? Have to see.
Reasons to execute the sell limit order -DownTrend -Price moving in descending channel -Trigger order when price reaches at 1.26344 which is the confluence of trendline and 0.38 fib level
Today’s gold trading situation is as follows: 1.Xauusd: @2292-2294 Sell, TP:2292, Profit: +$564 2.Xauusd: @2295-2300 Sell, TP:2291 Profit: +$ 9318 Today is the fourth consecutive day of profit in this week's trading. The profit so far today is $9882, which is an increase in profit compared to yesterday's profit. I think it is very meaningful to be able to make a...
Thursday, 04.04.2024 We took the previous weekly low and touched my 8 EMA. On the daily timeframe, we have two strong daily wick rejections at my daily VWAP low, and we also observed important daily liquidity lows. Now, a small pullback is expected, followed by a long. Aggressive entry module
Daily chart is forming an expanding triangle, i consider it bearish as it broke 5-12 EMA clouds on daily. Putting Fib to the chart high from previous support to see levels. We can soon test the EMA 50 level at 54.20 and 38.2% levels at 54$
Hello everyone, let's look at the 4H BNB to USDT chart as we can see that the price is moving below the local uptrend line. Let's start by setting goals for the near future that we can include: T1 = $586 at which the price is struggling to maintain T2 = $615 T3 = $636 AND T4 = $663 Now let's move on to the stop-loss in case of further market declines: SL1 =...