Hello Guys, to me it looks like canopy has succesfully entered the first 5 wave bigger push to the upside. This Elliot Wave count of mine can be an indication to where the market is likely to go in the immediate short term. Obviously no financial advise. I also See a scenario possible where the market is going to trend a bit higher to then consolidate for a...
Hey guys and girls, Here is an updated chart from my (Feb 29, 2024) post. Technical Section: Wave 3 < 161.8% of wave 1 Wave 4 = 38.2% of wave 3 (Wave a = 38.2% of wave 3, It did) Wave 5 is probably too large Extended Wave 5 (Target 2 ) = 100% x length of (beginning of Wave 1 to top of Wave 3) (Extended Wave 5 = 161.8% x length of (beginning of Wave 1 to...
Crude Oil Technical Analysis Daily resistance is 85.7, support below is 83.4-80 Four-hour resistance is 85.5-85.7, and support below is 83.4-82.5 Crude oil operation advice: Yesterday's volatile market ushered in a deep v bottoming and rebounded. The Asian and European market prices were under pressure and fell back to the 83.3 mark. The US market stepped down...
AUD/NZD Poised to Ride the Bullish Tide- Update I posted AUD/NZD analysis 3 days ago and as you can see the price reached the first target. The price managed to develop above our structure zone thus raising the chances that it can extend more to the other target zones as shown in the chart. The price will face a strong resistance near 1.1000 and if that zone...
Many people are becoming overly bearish at what I think is the worst time - I'm of the view we're going to continue pumping the majority of this year and many will be left side-lined through fear.
Audusd is turning higher I believe, showing evidences of a bottom with current recovery from the lows, that looks impulsive. Also, inflation in Australia came out stronger this week and copper, plus HSI are higher as well. This can keep aussie in uptrend as discussed in video. Thx for watching.
After the retest on the support zone we should go up and make a higher high.
#GOLD. well guys market very well holding your upside today resistance that was 2349 50 and now market just placed our first targeted area 2341 well guys now we have downside immediate supporting area 2339 that is your area now, it will play key role in today next move, keep close it, its your supporting area for now. next selling move will start below that...
We are waiting for gold to move towards 2370 When we see a reversal candle, we enter the sale And the final goal is 2260 and 2220
The Elliott wave analysis indicates a possible wave 3 in the uptrend, supported by increasing trading volume. The SMC method points to strong support at $50,000, with the RSI signaling overbought conditions. It is recommended to watch for a potential correction before further price gains can be achieved.
✅LONGTERAM Road map of Bitcoin🍻 🌟The Bitcoin is in a Bullish phase by ⤵️⤵️ ➡️falling wedge pattern it means that the price would increase and the price has already broken the pattern! ➡️the BTCUSD has finished It's first five waves of Elliot wave principle movement (12345 Impulse wave) . The possibility of starting a impulse 5th waves!!! ➡️the price now is...
Hello,Traders! GBP-USD went up and Has reached a horizontal Resistance of 1.255 so I am locally bearish biased And I will be expecting A local bearish pullback Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Gap Up Opening Above 22700: Buy: If NIFTY sustains above 22700, consider buying with a stop loss set at 15-minute candle closes below 22675. Target levels are 22794-22800. Short: If the price fails to sustain above 22688 and gets rejected, consider shorting with retracement targets at 22600 – 22562. Flat Opening: Plan for a short trade if the first-hour candle...
As we enter the last 2 trading days of the trading week, I am looking at the GBP/USD pair which we have been trading for the past 3 days, we also have a very nice setup on the USD/CAD, EUR/USD and lastly the CAD/JPY.
Trend is still good on BTC and the actual chart is giving me bullish waves. There is an inverted HNS pattern on smaller timeframe, and i will enter long if i see a break above the mid term trendline i highlited. Main target $70.000
It is not difficult to see from the golden hour chart that gold has rebounded from the high in early trading to the 2305 line below. Although the market has fluctuated a little weaker, we can clearly see that during the decline of the market, the main bulls have continued to increase their positions and have strengthened. , which shows that this wave of decline at...
Afternoon fellas, Figured I'd come back with another one during these red days... Pumped the other day and I did sell some. But looking into this setup following up the previous pump. This post is also a follow-up from the previous post. Check it out! Trade thirsty.