It is necessary to rest and correct the price Because the price has grown a lot and has reached an important range
Finally, I got the TP, This was Friday's setup, and I was fully (80%) confident about the setup. You may check here: Thank you
The (first part of the) correction in the NASDAQ might be finished. We expect more upside but we have to be careful. The rally to the upside can fail and result in another corrective leg down.
Wave A down looks mature and we might see some upside now as wave B. The surprise would be that we had a very shallow wave X and that we see further downside.
The primary scenario (in green) assumes more upside in a corrective pattern to finish wave X. The secondary scenario (in red) assumes that we will get an ABC correction and therefore we need another leg down (wave ((v))) to finish wave A.
The primary scenario (in green) assumes more upside in a corrective pattern to finish wave (X). The secondary scenario (in red) assumes that wave (X) is in that we further go down in an ABC pattern to finish wave (Y).
CME_MINI:NQU2023 - PR High: 15030.00 - PR Low: 14982.50 - NZ Spread: 106.0 Wide NZ Spread - Hanging out inside Friday's highs No Significant Economic Events Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 265.68 - Volume: 27K - Open Int: 251K - Trend Grade:...
FX:GBPUSD breaks the trend support and is in the red zone, but the price may form a false breakdown and counter-trend correction before further fall On the chart we see a global uptrend within the price channel, but at the moment of strengthening of the dollar, the currency pair gbpusd breaks the support of the trend and is in the red zone. As part of the...
OANDA:USDJPY If price reached 146.700, then the whole short setup is invalid. One potential setup is entry from 145.248 to 145.599 and SL at 145.700 One can enter above premium zone (145.721 above) and place SL on invalidation zone (146.700) TP at first fibo extension 1.618 target: 143.767 Reason for entry: * QM Sell Setup * 4h DBD (potential place for...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 15036/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : B A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from...
Stock Chart Fibonacci Analysis 082723 Trading idea - Entry point > 17.3/61.80% Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 17.3/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : A A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 10.1/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : C A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance....
Iron Ore Futures coiling like a steel roll in a series of Lower Highs & Higher Lows since October 2022. Break above 116.60 = Bullish momentum towards 134.85 (38.2% Fib Retracement) Break below 99.40 = Bearish momentum towards 77.60 (78.6% Fib Extension) Seasonality typically favours the Bulls running strong into end of year - we'll see if it still rings true...
AMEX:SPY August 28,2023 Daily. For the rise 430.65 to 459.44 AMEX:SPY made a low 433. It needs to hold 429 levels.Else very much possible for 420 levels 60 Minutes For the fall 459.44 to 433 61.8% is around 450 levels. For the rise 433 to 445.22 AMEX:SPY made a low 435 levels which is nearly 78% retracement of the rise. So i expect a double top on this...
Hello everyone, let's take a look at the BTC to USDT chart on a one-hour time frame. As you can see, the price has moved sideways from the local downtrend line. After unfolding the Fib Retracement grid, we see that the price holds before the support zone from $26085 to $25913, then there is support at $25668 and then at $25350. Looking the other way, first...
Hello traders, the Goat is here lol. Expect this index to hit ATHs by year end. Not a financial advice do your own DD. Even the Goat himself plays with probabilities. Here is a sneak peak into my way of accurately forecasting the market consistently : Pump the idea with your likes
The USDCHF is moving within a descending trend channel, and the price has reached the upper part of this channel, which also acts as a strong resistance level. Therefore, further decrease is likely. The targets are the lower support levels and the lower part of the channel. It's recommended to observe how the price reacts to this level. If you find it useful,...
Anticipating EURAUD to the upside, price has move above the 1.68272 support level and we have broken the trendline to the upside...the next level i'm anticipating is 1.69730 the long set-up is invalidated if the trade go below 1.68272 support level like, subscribe and comment to support the set-up