🌐 Bitcoin seems to have started to increase under the influence of Ethereum ETF news ➕ Inflows into Bitcoin ETFs hit $237 million on Monday . 🏃♂️ Bitcoin is currently moving near the 🔴 Resistance zone($73,780-$71,920) 🔴 and the Resistance line . 🌊According to the Elliott wave theory , Bitcoin seems to be completing microwave 4 of the main wave 5 . 🔔I...
XAUUSD probably reached wave (B)(Green) and price may surging up to 2500 +/- as "roller coaster" sentiment from uncertain rate cut by Sept by The FED.
GOLD smashed my take profits and we made it again. The price dropped hard and fast as i was expecting, and actually is showing us a bullish setup (and everyone is shorting now). I think today we will see an upside move on XAUUSD till the resistance area at 2378
Contextual Picture of the Gold moves. We're in a C wave of 4. Corrective move down is expected but then bull trend will resume. We're approaching important number 2500. The price can dance around this price for couple of months.
NATURAL GAS: Bullish- SHARK + WOLFE WAVE So, regarding gas the Wolf of Zurich detected a "Shark" and a "Wolf Wave" in Daily. The market could rise violently. There is a strong divergence on the ROC Attention!! The 50 and 200 exponential moving averages are potential targets There stay careful
This week we are killing it with EURUSD. Check the red line i drawed Monday and how the price is following it. Today i expect a fake pump (not totally sure this can happen) with a continuation of the drop till the support area at 1.0775. I placed two sell limit order in case the price will decide to liquidate some sellers, this are two good entries for today.
Everything is telling 9 cents is the minimum growth in the third wave
As long as the index fluctuates above the current support range, the continuation of the upward trend is likely. It is expected to change the trend in the red resistance range and witness the beginning of the downward trend
According to the behavior of the price in the specified ranges, the continuation of the movement trend will be determined by breaking the range It is expected that the price will cross the trend line and the resistance range and the beginning of an upward trend will be formed
As long as the price fluctuates above the support trend line, it is expected that the continuation of the upward trend will be formed according to the specified paths
It is expected that a trend change will be formed in the current support range and we will witness the beginning of an upward trend. If the continuation of the corrective trend is formed, it can advance up to the green support range, then it is expected that a change in the trend will be formed
It is expected that the price will change the trend in the resistance range and we will witness the beginning of the downward trend. Breaking the support zone will confirm the downtrend. If the price crosses the resistance levels, the upward trend will continue
According to the behavior of the price in the current support range, possible scenarios have been identified. It is expected that the price will change the trend in the current support range and we will see the beginning of the upward trend
An uptrend is expected to form up to the specified resistance levels. Then, according to the behavior of the price in this range, the continuation of the movement process will proceed according to the specified paths
It is expected that the current downtrend will end in the current support range and we will see the beginning of the uptrend. If the index crosses the support range, the continuation of the downward trend is likely
It is expected that after some fluctuation in the current support range, a trend change will be formed and we will see the beginning of the upward trend. If the price crosses the support range, it will be possible to continue the downward trend until the next support range
XOM appears to be trading in the 5th wave of a five-wave advance. The 4th wave looks over at 114.10 after having retraced 38.2% of the previous 3rd wave. We can buy here, with a stop below the aforementioned support targeting at least 123.75. For conservative traders, we can wait for a confirmed move above 121.87 to enter with a tighter stop loss.