XAUUSD is probably forming a bullish triangle in wave B ( yellow). Long @ 1980 +/-. S.L for long @ 1969.74. TP @ 2065 +/-.
The same scenario, but here the rebounds are becoming weaker and weaker, meaning that the price is being pushed lower and lower
Bullish wolf wave pattern / falling wedge forming on Seedify / SFUNDUSDT.
In this video I give you a brief breakdown of the structures and setups that I am expecting to see unfold on gold. This indicates a possible short, followed by a really nice trade to the upside. Remember to apply your own strategies and risk management to your trades as this is not a guarantee. Happy trading! Linton
Hi Bigplayers, it is a long time ago, that I posted something. I had to improve some parts in my life. So today I will try to show an updated version of Wolfe Wave pattern indicator V6. On NZDUSD is a nice bullish pattern on 15 Minutes charts. Best regards NXT2017
Trendline to watch!!!! Indeed, the “SOX” semiconductor index, known as a leading indicator, seems to be showing signs of weakness. Although it has returned to its uptrend line, we can still be wary of Wolfe waves which indicate a possible breakout. Not to mention that major components like “Intel” or “Nvidia” are either very high and overvalued (Nvidia), or have...
If price cross wave 3 I will take it long to harmonic prz
The CHF/JPY is a major cross-currency pair and is most widely traded during the Asian and European sessions. With the Swiss economic and political environment considered stable, demand for the Swissie spikes during periods of geopolitical and economic uncertainty in Japan and beyond. The pair closely follows the EURJPY pairing. While a liquid paring, total...
technical view:the Quasimodo pattern formed as targets of this pattern are depicted on the chart fundamental view: Given the current economic landscape, mixed signals from major corporations, the looming rate hike uncertainty, and the escalating U.S.-China tech feud, markets are poised for heightened volatility. The overall sentiment leans bearish, with...
Brent futures and WTI crude surge, echoing OPEC’s bullish demand outlook and tighter global oil inventory projections. Tightening supply concerns remain at the forefront of the oil price surge. Libya, an OPEC member, recently closed four eastern oil export terminals due to a severe storm. Additionally, Saudi Arabia and Russia have extended their voluntary supply...
-A bullish harmonic pattern “BUTTERFLY” was detected in (H4) -On the downside, 11.82 should be watched. -But the probabilities are stronger on the rise. -The ECB’s speech will perhaps “change the situation”. -Don't forget that Volatility lives up to its name VERY well! -Be careful and “stay covered!” » ;-)
Amid China’s promising economic data, XAU/USD spot values surged, though gold faces challenges with rising global rates. -----Highlights Gold prices rise as dollar weakens against the yuan, fueled by strong Chinese economic data. Potential U.S. rate hikes cast a shadow, making investors wary despite positive signs. Robust U.S. economic data may delay anticipated...
DAX: Bearish BUTTERFLY - Beyond the technical aspect, we can see that the DAX will spark a huge bullish rally following Madame Lagarde's interest rate hike announcement. As far as I remember, interest rate increases rarely increase 1% at the same time. Today's excuses for "buying rising rates" include: “We buy because we feel the upward cycle is over, and this...
Despite major crude oil supply cuts, U.S. dollar resurgence and China’s recovery fears curtailed bullish trends. Short-term Forecast While the extended supply cuts and the recent U.S. inventory draw provide some bullish sentiments, the evolving economic landscape, especially in China, and possible Russian export boosts due to seasonal refinery maintenance, present...
confluence of dip-down pattern and wolfe wave pattern wait to see the result
Analyzing the options chain and the chart patterns of WOLF Wolfspeed prior to the earnings report this week, I would consider purchasing the 45usd strike price Puts with an expiration date of 2023-11-17, for a premium of approximately $3.05. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward...
Adani crashed close to 80 % from its peak before it bounce. 1st bounce is impulsive, which generally considered as fake bounce. The geniality of the bounce will will be tested with series of whipsaw movements which we are presently witnessing in this script. Also in this script we have seen GAP's. GAPS are generally get filled but not necessary, confirmation...
Expecting crude to go short below, down side swing #1, once it breaks then the fall is impulsive.