OANDA:USDJPY Long UJ, Energy Point around 150 in mid-July. Entry = 133.99 Stop Loss = 129.40 Target = 150 (+/- 1) Fat_Fat
a new pitchfork has shown up and the price is moving in its lower channel in a relative strong uptrend. However regarding to FRS hawkish statements a break from 1980 to 1970 or even 1962.30 is still not impossible. However, more probable idea is continuing the uptrend to 1990>>>1993.33. After that 2000 and 2009.41 will make problems. On the other hand, the time...
MCD tanked impressively lately. I had no clue why. Then I checked the News, which I very rarely do. There was one article that made absolutely no sense to me: "Concerns about weight-loss drugs: There are some concerns that the growing popularity of weight-loss drugs, such as Ozempic and Wegovy, could take away demand from food companies like McDonald's." To...
XAUUD's 1958 +/- is confluence zone of 1) Breaker Block 2) Order Block 3) Median line of Pitchfork.
XAUUSD possible found its "base" @ 1930 +/-. which is a confluence zone of 1) Order Block 2) Fibo 38.2% 3) Parallele line support of pitchfork ( thick blue). Long gold @ 1940 where there was a hourly order block.
Bitcoin is in week 21 of a weekly cycle, this is a point where price usually finds a top. The indicators are stretched in an overbought territory, recent rallies higher have only built negative divergence on RSI and TSI, price is facing rejection at 0.618 fib level of the Pitchfork. Another interesting thing to note is that in bitcoin rally we need to see bitcoin...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Still in from, avg, 1661🧵, TP, looking to add. My 2 fav Elliotwave counts atm. Again, no top call, could keep going. IF...THEN. Called the turnish, took the...
Stock is at excellent confluence support of demand zone, AVWAP and central median line of pitchfork..............in addition RSI is above 50 indicating bullishness......buy for bumper gains
Stock is at the lower median line of pitchfork.......also positive divergence in RSI........Stock can be bought for good moves in coming days
Stock is at confluence support of lower median line of blue pitchfork and AVWAP...............RSI set up is also too good......expect some explosive moves in coming days!
XAUUSD by breaking 1969.74 low, Gold have high probability having "peak" @ 2009.35. Possible forming a head and shoulder pattern as a "base" for big drop.
ETH update, Still in my initial entry, 1552. Added to my position, 1799. Looking tired to me, so TP and watching for retrace. I've been around a while, I know I could be wrong, so I am not all outing until the market proves it's done, then I'll flip. #Altcoins #Elliotwave
The DXY is showing signs of a strong reversal, zooming in we can see why, price has struck an energy point, 2 lines intersect to form support, aided by a median line of the Pitchfork. Double support is usually strong, triple much stronger. I would expect that the DXY is seeking a daily cycle low with a flag. I place lower probability for 11 October being a cycle low.
Price reached sliding parallel line of fork. Open risk entry
My pattern in Eur/Usd for next #5 months, The euro faces the Federal Reserve interest rate decision later today. EUR/USD reversed its direction and closed in negative territory below 1.0600 on Tuesday after rising to a fresh weekly high above 1.0670. The Federal Reserve's (Fed) policy announcements later in the day could trigger the next big action in the pair.
Pitchfork on GOLD. As I cannot predict the future of GOLD, I publish my chart analysis and you have to decided in what direction GOLD will move and take action.
Note: This video is for educational purpose only. Trade at your own risk.
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. If the price of Bitcoin stays above Bollinger midline, Bitcoin can continue the bullish scenario up to the target of $28,000 and then around $30,000. In this week, bitcoin price continues to move in an ascending channel (in yellow). ]f the price breaks the Bollinger midline, there is a possibility...