joestar95

joestar95

📎GOLD/XAUUSD ANALYSIS: 💬🕯The recent non-farm payroll data has had a bearish impact on spot gold, causing a significant sell-off and driving prices down to a low of 2295. This downturn has disrupted the previous upward trajectory of gold, indicating a pronounced downtrend. It's anticipated that gold will remain under bearish pressure. Investors should monitor the...

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first buy Zone (2397-2390): This zone is where you expect the price to decline. It corresponds to the 0.382 Fibonacci retracement level. Consider this area as a potential buying opportunity. Strong Buy Zone (2377-2370): This zone is even more favorable for buying. It provides a stronger support level. Look for buy opportunities when the price reaches this range.

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BTCUSD enter in bullish trend after breakout from the failling wedge pattern previous target for btcusd is 73k

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Trend Overview: GBPUSD is currently in a bullish uptrend on the 4-hour time frame. The trend began at 1.23000 and has seen subsequent price movements. Key Price Levels: First High: Reached at 1.26331. Pullback Correction: Occurred at 1.24477, forming the first lower high. Support Zone: Price was rejected from a strong support area between 1.24900 and...

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Expected Price Movement: After rejecting the upper channel line, there’s an expectation for a short correction. The target for this correction is around 1.08059 which is the next support level also this level aligns with the lower line of the channel. Resistance levels 1.08950-1.09150 Support levels 1.08100-1.07950

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Resistance Line: The chart shows a resistance line (marked in the image) that the price has been unable to break through. This resistance level indicates a strong area where selling interest surpasses buying pressure. Traders often pay attention to such levels as they can influence future price movements. Price Channel: Within the chart, there is a defined range...

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as elliott wave analysis we ended the bullish wave 3 and now we are in a corrective move which is the wave 4 wave 4 is the retracement of wave 2 and wave 3 at 0.236 but however it can retrace at 0.382 or 0.5 fibonacci. wave 5 will be the extension of wave 1 and wave 4.

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we can see that gold price is in bullish move from the last pullback at 2278 after breaking the pervious resistance as we can see in the chart price is now forming a rising wedge pattern which its a bearish pattern so expected that after the price finish the ABCE and breaking below the lower line of the pattern a pullback correction to the support level at 2335

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My Plan is going short at the E point we had in the chart a rising wedge pattern which is a bearish pattern than price will test a key level or a previous support than we will see a bounce back to upside

joestar95

Based on the chart, it appears that GBPUSD has completed an impulsive wave (12345) and completed the corrective move (ABC). so the wave cycle is ended that mean only long trades is matter now

joestar95

Here’s a refined analysis of the 4-hour chart using Elliott Wave Theory: The chart exhibits an impulsive bullish movement that began at 1984. The first wave (Wave 1) culminated at 2194. This was followed by a correction to the 0.236 Fibonacci retracement level at 2147, marking the end of Wave 2. The subsequent upward trend formed Wave 3, which concluded at the...

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EUR/JPY Technical Analysis: - Current Pattern: Rising Wedge - Implication: Bearish (Potential Price Decline) - Expected Target: 0.382 Fibonacci Retracement Level

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The USD/JPY pair has completed the impulsive wave sequence labeled as 1-2-3-4-5 and is now entering a corrective phase, typically labeled as A-B-C. The price has already formed waves A and B and is currently progressing towards wave C, which is expected to extend to the 1.618 Fibonacci extension level. Additionally, the formation of a head and shoulders pattern...

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www.tradingview.com USDCAD quick analysis on 15min chart timeframe price avec an implusive move goes down for a corrective move ABC and as you can see in the chart the ABC corrective move is finished after the wave C reach the 1.618 fibo level so technically price now will go up at least hit the previous resistance if break above it it will continue . i will...

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www.tradingview.com Elliott Wave Analysis: GBP/JPY on 8H Chart Wave 1: Initiated at 188.661, marking the start of an impulsive bullish wave. Wave 2: A correction to 178.480, representing a natural retracement after the initial surge. Wave 3: Ascended to 200.398, typically the longest and most robust wave in an Elliott Wave sequence. Wave 4: A minor...

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Gold chart forme on 4h time frame a falling wedge pattern bullish pattern after the breakout above we can see a restest at 2300 or maybe price can start going directly after the breakout

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Using the Elliott Wave Principle on the EUR/USD currency pair, we observe the formation of an impulsive bullish wave pattern labeled 1-2-3-4-5. Currently, the price is in the corrective Wave 4, located at 1.07345, which corresponds to the 0.382 Fibonacci retracement level. It’s anticipated that the price may reach the 0.5 Fibonacci level at 1.07108 before...

joestar95

www.tradingview.com my technicall analysis on gold short at 1991-1996 towards 1960