Oil prices bottomed out on Monday after Iran's weekend attack on Israel proved less damaging than expected, temporarily easing concerns that a rapid intensification of the conflict could reduce crude supplies. After falling to new lows around 84.03 over the past two weeks, oil prices were supported by bargain hunting after Israel said it would respond to Iranian...
The price perfectly fulfilled my last idea. It hit the target zone. The price bounced off the support level. OANDA:XAUUSD is ranging by forming a traingle pattern. On the daily timeframe, it is an inside bar formation. The price might continue to range because we had a massive sell-off before. I think the market may keep moving sideways; squeezed in the shape of...
The market is approaching the main resistance at 1.72760. The price has broken through the downward channel. FX:GBPCAD is moving sideways below the resistance zone. I think the price is going to take liquidity above the potential range zone and then move down because, if you look at the daily timeframe, the market has been pushed down multiple times from this...
ONGUSDT(Ontology Gas) Daily timeframe range. not a bad pullback here. not far away from its recent range end resistance 0.6402. a little bit volume can help it cross as its not that much of hold up. clearing 0.6402 can open a way till 0.8949.
According to the previous analysis, now with more than 110% growth since the time of the analysis, which is in the ascending wave 5, it can continue until the area of 2.618 or the next supply area of this extension of the wave, which will reach the major ceiling area, which is an important supply area. It will be and after that I expect a correction wave after...
💎 In the daily and weekly time, it is moving in an ascending channel, which is currently suffering after breaking the channel on the ceiling of the previous wave channel that broke. 💎 If this three-wave corrective movement ends in the green box area, I expect it to move towards the next target of the supply zone specified in the chart. 💎 The first scenario : in...
Although gold experienced a sharp decline on Friday, the overall price is still running above 2300, so the trend is still upward; secondly, there was no new low after this plunge, which also shows that this is just an emotional reaction. Gold is currently in a slight consolidation. We temporarily regard the rise and fall of US stocks on Friday as a breakthrough...
The OANDA:XAUUSD market rallied again in the trading week, showing a lot of momentum movements. On the weekly timeframe, gold showed three consecutive bullish candles in a row without any pullbacks. A pullback should represent a good buying opportunity. However, the last weekly candle closed, forming a long-tailed bar, which means there was bearish pressure. I...
The price perfectly fulfills my last idea. It hit the target level. FX:EURAUD rejected the resistance by forming a long-tailed bar. The market is moving sideways near the resistance zone. It does not show signs of bullish strength. It is worth noting that the price broke the previous week high. I think the market will take liquidity above the PWH and then roll...
The price perfectly fulfilled my previous idea. It hit the target level. FX:EURUSD is making lower lows, showing bearish dominance. On the weekly timeframe, the market formed a huge bearish candle. The price has broken through the key level that was holding price since the beginning of December. Most likely, the price is going to continue moving downward towards...
BINANCE:DOTUSDT has been making lower lows as the whole market plunged a few days ago. There is a high likelihood that the market will continue falling, testing the lows. I think the market might just move sideways before there is a clear trend. I expect the market to move downward to an even number at 5.00. Notice the market forms a range zone, followed by a...
The analysis suggests that the CHF/JPY currency pair may be undergoing a shift. Despite forming three tops, the third top did not lead to a breach of the trend line. Instead, it was followed by a retest. If the 1-hour candlestick closes without indicating a selling trend but instead ends with a high close indicative of buying momentum, the probability of a bullish...
The market's initial reaction to Iran's attack on Israel was fairly muted, with major contracts seeing little price movement. There had been concerns that Iran's attack on Israel heralded a significant escalation of the conflict in the Middle East, and that oil prices would rise as concerns about possible supply disruptions intensified. But oil prices are...
RNDRUSDT(Render Token) Daily timeframe range. compare to other alts and market plunge. its holding not bad. need to break 10.014 to reclaim older zone above that is price discovery. breaking 6.764 will led it to 3.651.
The price perfectly fulfills my last idea and it went down from resistance and hit the target level. FX:AUDJPY is in an downtrend and made new low after breaking range zone. The market formed double top then broke the upward channel by making impulse leg. I think the it will go down and test the support level because it broke range zone and channel, additionally...
In time D1 and W1, it is moving in an ascending channel. In continuation of the analysis of the previous post, where we examined the upward micro-waves of wave C, in this post, the long-term trend of the currency is placed in the 3rd big wave or C, in the long term. Pay attention to this wave, regardless of the fact that it will have small corrections in the low...
According to the previous analysis regarding Bitcoin, it is moving in a long-term ascending channel in the monthly time frame. 💎 Currently, according to the type of behavior and movement structure, it is in wave 3 of 3 super cycles. 💎 But since 2018, after a movement cycle and a correction in the form of a three-wave to the bottom of the channel in the range of...
The price perfectly fulfilled my previous idea. It hit the target level. BINANCE:SOLUSDT plunged as other crypto assets. It hit the support level and went sideways. Overall, the markets are in the correction phase. I think the market might continue moving sideways, which means accumulation, followed by distrubution upside. Although the market may react to BTC...