Gold is now at Wave 5, the peak of the rising wedge and the supply zone. I usually set my golden zone at 0.618-0705 so it's also in my golden zone.
🧠From the perspective of wave theory, we have broken through microwave 4, which means that the short-term correction has ended, and a good rebound has formed, indicating that we are moving to main wave 5. ⚙️The first goal worthy of our attention is to look forward to successfully breaking through the turning point. If you hold it, then the bull defense point can...
solusdt is tradin around 143 , and we are looking forward to drop it to 130 area from there on confirmation we will look for buying opportunity , good luck
From where we entered "START" on the chart, it looks like a big correction has started. Now it seems we are in wave C of this correction. The price can go up from the green box, for wave D, to the red box. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When...
From the place where we entered "START" on the chart, our correction has started. AR seems to be forming a triangle. We are now in wave D of this triangle. Wave D is a large diametric. We are now in the last wave of this diametric In the red box, we wait for wave D to end and enter wave E. Wave E here is a bearish wave. The targets are marked on the...
Dear colleagues, I assume that the upward movement in the senior wave “3” will continue, but after a small correction, presumably to the area of 50% Fibonacci level 5117.0 . Then I assume the continuation of the upward movement to the resistance area 5282.3. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
My dear followers, This is my opinion on the USDCAD next move: The asset is approaching an important pivot point 1.3639 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.3657 About Used Indicators: For more efficient signals,...
Possible upside in Aarti Drugs as in wave 3 of Elliott Wave theory. May reach upto 950 by Dec'24.
My dear subscribers, My technical analysis for USDJPY is below: The price is coiling around a solid key level - 156.41 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 154.93 My Stop Loss - 157.44 About Used Indicators: By the very...
Hello,Friends! The BB upper band is nearby so EUR-AUD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.622. ✅LIKE AND COMMENT MY IDEAS✅
EUR-USD is trading in an Uptrend and the pair broke The falling resistance Which is now a support Then made a retest and Is going up again so I think That we will see a further move up !
GBPCAD Is Getting Ready For The Next Move The price has been accumulating within a bullish "flag pattern" for the past two weeks. The bullish flag pattern is a bullish continuation pattern created during an uptrend. If the price manages to break out of this pattern, bullish volume should increase further and we could see GBPCAD rise to 1.7350 You may find...
FX:NZDUSD is entering the consolidation phase after breaking the local trend resistance. On D1 the price enters a new range and on H1 a golden cross is formed. The dollar is standing still and losing positions since the opening of the session on the background of negative news. This is generally favorable for the currency pair. In this case, a retest of the...
Hello, I am back with a new analysis on Bitcoin, according to the analysis of corrective waves, Bitcoin has activated a short-term target at 67700, which can be seen with a little time correction. This is a personal analysis, please follow your own trading pattern
We're in an impulse phase, trading a wave 3 and it always sub-divides into an impulse pattern as well. The wave 4 of the sub-wave is a potential Triangle pattern. We can place buy stops at the B-D upper line and stops at wave E our target is based on the 3 projection of 2.618 as wave reached 76,8 Fibonacci retracement level.
It is expected that the price will fluctuate in the current support range and then the beginning of an upward trend will be formed. Crossing the resistance range will create a continuation of the upward trend.
It is expected that the current upward trend will end in the specified time and resistance range and we will see the beginning of the corrective trend.
As shown on this chart (28 Feb- 12 May), the market is in a sideways trend (clumsy indecision). Can't say that it annoys (to be honest) but, I can trust a thief to steal my car because he knows his job well, knows what he wants to do :) Indecision kills! What to do when you don't know what to do 1- Control Your emotions ;) 2- Nothing goes straight up...