Hello, I am back with a new analysis on Bitcoin, according to the analysis of corrective waves, Bitcoin has activated a short-term target at 67700, which can be seen with a little time correction. This is a personal analysis, please follow your own trading pattern
Hi traders would like to share my forecast for XAUUSD Hope you have profitable trade
Sellside taken on both pairs - probably see a small pullback before continuation to the 50%? Have to wait it out..
Technical analysis of gold The daily level is the repair of the market after the fall, but the repair interval is relatively large, the daily line shows the repair interval is 2291-2352, alone in this amplitude is already a wave of structural amplitude, gold last week's weekly line closed negative, in the long-term trend has suppressed the power of bulls, but this...
For the USDCHF pair, my 45-minute chart analysis using the Elliott Wave Theory suggests a potential SHORT opportunity. We can see a complete corrective structure post an impulsive move up, labeled as waves (a), (b), and (c). With wave (c) underway, there's an indication that the market might continue to move lower. As per Elliott Wave guidelines, after...
This 45-minute chart shows the GBP/USD currency pair in a clear ascending channel, indicating an uptrend. The channel is defined by two parallel trendlines: one connecting the higher lows and the other connecting the higher highs. The price action is currently near the upper boundary of the channel, which might act as resistance. If the pattern holds, traders...
From what I can see we are at a critical level around the 150 area. I think a close above 152 would invalidate this setup. Please don't use this as trading advice, it's only an idea I want to record and see how it plays out. I'm not a pro. We hit the .618 retracement from our recent high to low swing, which coincides perfectly with our recent downtrend line. I...
If you've been in the world of trading for a while you would've come across the heated tight SL vs Loose SL debate. Unfortunately most traders don't know where to correctly set either In this vid we cover that as well as the topics: > quick intro to prop firms > how to restructure a condensed market > other stuff
The analysis is based on the attractive magnetic force, which in turn attracts the price to it if it meets certain conditions!!! This knowledge is not available to anyone and is something I have reservations about? We will soon see the price response to this event
Depending on the structure in high temporality but looking at the dollar index I would like to look for purchases up to the area indicated above, leave your operations simple
Crude oil market analysis Crude oil is much simpler, and crude oil forms a multi-bottom form near 80.00, so we stick to the optimistic idea that a return to support is a buying opportunity! The size trend of crude oil is bullish, the weekly close is small, this week may see optimistic performance, the recent crude oil inventory data is to support the bullish...
To me it looks like Pendle has reached a top for this move, Looks Bearish! SL, TP and Entry on Chart! I wish everyone good luck and many profits. Give the Chart a Like. Thanks Team.
FET is another crypto asset that has seen a HUGE pump from the bottom of over 1000%. Being it has bounced the hardest it is giving a clear sign that it has users attention. This is a weekly macro environmental chart to highlight the current condition with the past price action as well as give some potential macro targets. Currently price has formed a possible...
On the NASDAQ (US100) 30-minute chart, we're seeing a compelling Elliott Wave pattern in action. The chart indicates the completion of wave (5), suggesting the end of an impulse phase and the beginning of a corrective pattern, marked by waves (a) and (b). We may now be in the midst of wave (c), typically the final leg of a corrective phase. The Fibonacci...
The DJIA (US30) on the 45-minute chart is showcasing a potential Elliott Wave pattern in play. After the completion of wave (5), indicative of the end of an impulse sequence, the index seems to have embarked on a corrective phase marked by an (a) and (b) wave structure. Currently, it appears that wave (b) might have peaked, setting the stage for the start of wave...
On the USDCAD 15-minute chart, there’s a discernible Elliott Wave pattern. It looks like we’ve witnessed the completion of an impulse phase up to wave (3), followed by a corrective phase that has formed wave (4), which is now complete or near completion. We can see potential for the start of wave (5), which is typically the last wave in the direction of the main...
On the AUDUSD 2-hour chart, we're looking at a classic Elliott Wave setup. After completing an initial five-wave impulse sequence, it looks like we've moved into the corrective phase of the market cycle. The chart shows us ending wave (b), and we seem poised to begin wave (c), which could potentially push the price down to Fibonacci retracement levels such as...