If the triangle is completed, the price can grow up to 76600
Chainlink is eyeing atleast 28$, All the analysis details can be seen on the chart. my SL at 15$ and Enrty at 17.9$. NFA as always.
For another interesting Chinese stock, we're looking at the mobile phone manufacturer Xiaomi, trading on the Hong Kong Exchange. Hence, we're dealing with the Hong Kong Dollar, not the US Dollar. Overarchingly, we are also in a Wave III here. Wave II concluded its correction with a double bottom at HK$8.28. This chart adheres well to the Elliott Wave structure,...
The price of gold fell back on Monday. Earlier, as the market's expectations for the Federal Reserve's interest rate cut in June increased after the PCE data last Friday, gold once refreshed its all-time high to 2265, but then the price of gold gave back part of the gains. On the one hand, bulls took profits. On the other hand, the U.S. ISM only returned above the...
The important support area for the US30 index is around the price of 39000. Considering the RSI is in the oversold range, an upward movement with targets at 39448 and 39844 can be expected. 📈
currently in 1st wave of 3rd wave and is likely to achieve very high targets of 5600( previous high) and above . Stock turned negative on head and shoulder formation and achieved lower trg of 3350 and end of 2nd wave now 1st impulsive going on once correction sets in buy the stock and accumulate.
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This trade took less than 2 hours. LDN session is over before it even begun.. 140 pips bagged successfully.
CADCHF set a new higher high higher close on a daily, violating a key horizontal resistance. The next goal for the buyers will be 0.674 level. ❤️Please, support my work with like, thank you!❤️
EURGBP Can Move Lower After The Eurozone CPI data today Today I prepared an analysis on EURGBP. We have also the Eurozone CPI data which will be the main catalyst for this movement. It will be risky overall but the price may continue to develop inside the pattern again. Plan your trade, Trade your plan, and use proper risk management. We are not market makers....
This is the setup i am waiting for RIO. I think it could retrace a little bit reaching the support zone at $2.00/$2.03. Actually the price is trying to break out from short term trendline, and a small retest it's possible. I placed my long limit order at first support zone, if it will fail to hold the next support zone is around $1.65. Main target $3.00
Silver is trading sideways since 2021, a move that can be a corrective because of choppy and overlapping price action. Ideally, that's a very big triangle that can be coming to an end as metal is turning higher now and breaking the IMPORTANT trendline resistance of this contracting range. Ideally, A-B-C-D-E pattern is finished, so be aware of more upside,...
I decided to share the XRP/BTC chart just to show you that there is not something new for XRP. Every time that XRP hit the black line, it pumped in the next days/ weeks. Considering this possible pump against Bitcoin, we can expect a 2x/3x pump for XRP/USDT that could reach a possible price of $1.2/$1.4
BEARISH ENGULFING ? If i am seeing correctly then this will hit target during LDN session.. One out of many.. Lets get stuckinprofit.
Price of BTC has dumped with a bearish breakout on the previously identified consolidation. Here once again we witness a clean trend breakout with a double top formation, which is likely to create a further decline up ahead. We expect a revisit back on the bottom support highlighted.
Hello,Friends! EUR/CAD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 3H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.455...
A correction is expected to form up to the specified support area, then there is a possibility of a trend reversal and a continuation of the upward trend is likely. If the index corrects up to the green support range, the correction process will continue and more time will be lost. If the strong green range is broken, it will cause a downward trend.