Price is moving in Ascending channel as shown Price have moving Pattern 1,2,3, and we are expecting 4&5 as shown Ascending channel is a chart pattern that is made up of two upward parallel trend lines showing the bullish price trend on the price chart.
Today's NFP caused a significant drop in the price, but it did not break below last week's low. This means we cannot yet conclude that wave 5 has ended. The price is also hovering in the same area as it was two weeks ago (highlighted in blue), which might suggest a flat correction for wave 4. This is a common in wave 4. In summary: it's possible that wave 5...
This is very long term view and still very much in play. According to the chart we still have 50 more days for the bear to drag price down with potential targets towards 13k and extended zone of 12k.
Silver is likely to push upside from 50% - 61.8% retracement to the blue box.. and can push further upside. same thing with Gold
This is a bit risky trade. So be careful around 64k-65k. Always put stoploss and take care your account. From the previous wave, we can assume current wave as a healthy correction one, now it will be up to 70200$ and then will have a small wave down to 66k-67k to complete ABC correction. If everything is fine, we can expect a wave up to 74k-86k.
From where we placed the red arrow on the chart, SHIB has entered correction. Considering the time of the waves and the price range, the correction seems to be a diametric. The price is expected to reject downwards from the red range. The targets are clear on the chart. Closing a daily candle above the invalidation level will violate the analysis For risk...
Hello,Traders! EUR-USD went down Sharply but the pair Will soon retest the Horizontal support level Of 1.0794 from where We will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The Elliott Wave count, coupled to the oscillators suggests we're finishing (finished?) a wave (iv), meaning, we're again going for a new high before a more consequent correction follows.
I will now move to a 90 % long in the money puts in spy and qqq for march 2025 on any new high today . I see the wave structure ending a nice 5 WAVES up and I am worried about the DIA formation it could be a wave B if this is right then we will see a sharp decline on NEWS over the next 10 td and drop 3.5 to 5.1 % Vix also should see a new LOW .SO I am moving...
Assuming this is the low point for EOS, we can anticipate a price uptrend. Let’s analyze the support and resistance levels from the past.
📊#1000PEPE weekly level adjustment appears📉 🧠From a structural perspective, we have achieved the daily-level target and the weekly-level target, so it is very reasonable for the corresponding level correction to occur. At the same time, we have constructed a bearish double top structure near the target area. The ideal target area for this structure is...
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...
we are on the wave 4 and waiting for the price to hit or level on 0,382 of fib we just need to take our comfomation after the price come back to our 0.5 and 0.6 level so we can get a nice trade in this week by taking a sell and buy position
FTM is good to buy now for a bigger wave in bigger timeframe. In the small timeframe, it could jump up to 0.84-0.86. Then it will make a correction to 0.7 to complete full ABC. After that, following Down theory, it will make another wave up to 1.5
BINANCE:BTCUSD reaches a strong $71500 liquidity zone as strong ETH-ETF related news is released. A trap from the market maker catches the crowd off guard and now the market is ready to move on Toretically, the correction wave ends after the false breakdown of resistance and liquidity zone 71500. Bulls successfully hold the defense above the support 67241....
Hi everyone, I see two possibilities. Blue or Brown ? (we have to see!) Technical Section: The Blue Path: S&P500 is completing the fifth wave of the 5th wave of a five-wave rally. Wave 5 = 2.618 x length of Wave 1 Wave 3 = 2 x length of Wave 1 Target = 5790 The Brown Path: S&P500 is completing the fifth wave of the 3rd wave of a five-wave...
My dear friends, My technical analysis for GOLD is below: The market is trading on 2294.0 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2331.3 Recommended Stop Loss - 2271.6 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used...