Pure technical analysis. After making a bullish move from November 23, 2023, GBPUSD has completed Elliott Waves (first 12345), and then made a sideways movement since mid-December 2023. In this sideways movement, GBPUSD made micro-Elliott Waves and has completed them. The extension of this wave is predicted to complete leg 3 of the second 12345 waves in the...
Pure technical analysis. EURUSD appears to have completed the 4th leg of Elliott Waves and is approaching previous support at 1.07464. There is still 1 leg of the Elliott Wave left to be fulfilled (leg E) which is predicted to be a pullback to the 0.618 Fibonacci zone, where there is equal high liquidity to be taken and then EURUSD will start a new wave...
The current bounce wave looks to be done. Now we watch and prepare at each support. Which supports hold or not will be telling. 42,789 is the first support, a Genesis fib. 42,200 is next, Covid + local fib confluence. 41,405 is a minor support that may slow bears. 40.4k is the CRITICAL support that bulls MOST HOLD . This is an update to the fib picture idea...
BTC is currently hovering within a very important zone. Zone is defined by confluence of Genesis and Covid fibs. These high timeframe fibs have caught all major turns. The zone of relevance is $ 42,200 to 42,789 (on coinbase). This may be a turning point into retrace before continuation. Bulls' best strategy will be to hold this zone thru the weekend. Strong...
#amber Can go long above 3157 that is a strong resistance and retracement level of the last downtrend. Above that targets will be 3725, 4020. Sl will be 2890.
I'm huge ultra BULLISH on US treasuries currently, so please excuse my bias. Not in any specific order, however here are all the factors in this thesis... 1. Interest rates have dramatically increased since Jan 2021, and the overall bond market, including treasuries, had its worst 2 years on record, going back to 1915. 2. Since Nov 2022 just after Halloween,...
Bearish on two potential scenarios. I am not a financial advisor. This is not meant to be, and does not constitute, financial, investment, trading, or any other types of advice or recommendation.
Gold has been on an uptrend path since a new low was updated at 1812 (Friday, 6th October 2023. The bulls took over from 1812 until there was a break of structure when the price updated the LH from 2013 (11th January) to 2002 on Wednesday, 17th January 2024. The break of structure could mean that if gold price fails to retest the recent HL of 2061 on the Daily,...
Pyth Network,,, It can go up to the indicated fibo points, it has also hit the flag pattern and is going up as high as the flagpole, the trend line is also broken, everything is ready for further growth.
Are you considering investing in Bitcoin but unsure of the best time to do so? The past few years have seen a bear market for cryptocurrency, but it's important to remember that markets are cyclical and that prices will likely rise again. One of the best tools to analyze market trends and predict future price movements is the Fibonacci Pitchfork. This tool uses...
- Fast update. - i consider that BTC reached 48k. - Actually the ETF Decision could have an important impact on the price in both ways. - That said, as Trader, Fibo will always be king to me. -Stay Safe ! Happy Tr4Ding !
A look at the NASDAQ & a prediction of where it's current pullback is likely to terminate at using price action analysis, structure, Fibonacci tools & volume. If you have any questions, comments or want to share your analysis/ideas on the chart please leave them below. Akil
Dear Colleagues, I think that the strong downward movement is wave 3. Next, I expect the end of the impulse formation, then I expect the price to climb to the 50% target of the Fibonacci level 143.446. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
#WOO We follow 3 regions for long-term spot purchases. The levels are $0.2049 - $0.1936 - $0.1864 . We will make a spot investment when Woo coin drops to these regions we mentioned. Our first upside target is $0.2887, and our second target is $0.3497. If the WOO price drops to $0.1620 due to possible manipulation in the market, we will buy again from its...
www.tradingview.com RBLBANK: After a long consolidation, it has made a Cup & handle pattern which depicts the Bullish Breakout. The Fibonacci Extension as well as Fibonacci Retracement has superimposed and making a confluence to the prediction. If you could see the volume as well on the same Daily timeframe chart, it is continuously increasing everyday which...
All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts. Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation
The stock is expected to complete its final move to Wave 5 of (V) before undergoing a significant correction, constituting a substantial correction in my view. My extended target for the upward trend is $143, with plans to consider short positions thereafter. The recent upward movement appears to be forming a rising wedge, adding to the overall wedgy ...
The current outlook for AUDUSD reveals a compelling narrative of bullish consolidation in the short term. As outlined in the provided chart, the pair exhibits patterns indicative of a bullish stance, suggesting a period of strategic accumulation. Technical Indicators: Candlestick Patterns: Noteworthy bullish candlestick patterns, as illustrated, underline...