GJ still rising in her daily time frame and seems to be forming m the second peak of what looks like could be an “M” forming. I definitely do believe on this journey up there will be pockets of selling that you could capitalize on but for the most part I’m going with bullish. GJ opened today bullish so I see her to continue to have an over all bullish response to...
Update on yesterday’s post — analysis is playing out. Check previous post.
Part of my ongoing analysis, see links below. Quick post to alert of a possible pullback incoming. We are rapidly approaching a Genesis fib at 2544.51 Its sister fib is what bounced us strong from 2307.19 It is PROBABLE that we get some retrace from it. It is POSSIBLE that to get a significant top here. It is PLAUSIBLE to break and retest to...
The Red Line shall act as the last defense to hold buyers. Should it be broken, no idea (218.396)?. This is just an idea and not indicating buying or selling at any particular prices.
Heads up, traders! 🌟 XAUUSD is heating up, smashing records with flair! 🔥 Here’s the lowdown: 🔍 XAUUSD Insight: 📊 Locked in an exhilarating duel between 2425 and 2430. 🤔 Is a breakout imminent? 📉 Bearish Scenario: 📉 Prepare for potential dips if it falls below the range! 🎯 Targets: 2420, 2417. 📈 Bullish Scenario: 📈 Look out for buying signals if it climbs...
Since the beginning of May, Bitcoin has embarked on rather bullish looking wave structures, in response to the dive of late April that landed the coin just around the 57 k mark. In Elliott Wave perspective, per the principle by which market structure is built, BTC has clearly completed a five-wave impulse, and has corrected this advance in a three-wave pullback,...
Delysium, a blockchain-based game that combines elements of AI technology, has reclaimed an important price pivot and is now also trading above the daily SMA-50. I believe this should do well if the overall market holds.
Market Structure Bearish on HTF Weekly And Daily AOi in the same Area Weekly Rejection from AOi Previous Weekly Structure Point Weekly Bearish Engulfing Daily Rejection from AOi Around Psychological Level 1.63000 H4 touching EMA H4 Candlestick rejection Previous Structure point SOS 4.89 Entry Signal 110% REMEMBER: Trading is a Game Of Probability ...
On the above weekly chart price action has corrected 98% in a downtrending channel since February 2021. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action exits a near 2 year consolidation. 3) Price action confirms a trend reversal with the first higher low higher high since 2020. 4) The downward...
Today we have made very good profits in both long and short gold transactions. First of all, we shorted gold today near the 2446 position. Gold successfully hit TP: 2430 during the short-term decline; after gold hit the 2407 position, it stopped falling and rebounded. We then went long gold near the 2410 position, and we manually closed the position above 2420 to...
You see appropriate reactions to the declared ranges
NZDUSD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 0.6125 will confirm the bullish momentum. The measured move...
"Aliens, an advanced species that have seen hundreds of stars and a few black holes throughout their lifetime, have made contact with humans sending encrypted data. They are masters in the study of the elastic property of TIME throughout the Universe (relative to Gravity), and they are trying to send a message to prove us all, not that time is a construct in the...
Part of my ongoing analysis, see links below. Our bounce is at a crucial level right now. This level is where the retrace could end. Possibly bears' last chance at lower lows. Elliott Wave theory would call this an "ABC" Which implies a correction within a trend. So possible to resume downtrend from here. Good news for bulls is that 63.3k was the KEY. The red...
Just in case there will be events and information that might lead to a bearish mood for this stock, here are some elements that might act as support/resistance in the evolution of the price. There is also the potential of a continuation after a rebound from one of the elements on the up which should probably not be disconsidered. Coco Bongo Stuff. Not sure this...
Good move ahead for Nifty can hold the levels of 22470 and give a closing above 22522. Incase we get a closing above 22522 the resistances ahead will be 22587, 22658, 22730 and 22800+. In case Nifty gives a closing below 22470 the supports will be at 22345, 22246 and 22055. 22522 is however a strong trendline resistance and gap up opening and holding above it is...
I'm Expecting potential upside Move on shiba coin.... pay attention to the markets structure & price action on the lower TF.............
Bitcoin has come a long way since its first recorded price of less than a cent. In December 2023, one Bitcoin was worth roughly $42,000. By March 2024, BTC set a new all-time intraday trading high by breaking through the $69,000 level. The idea that Bitcoin could one day be worth a million dollars per unit, as Sciberras points out, “really shows how far we’ve...