Upon reviewing the gold chart in the 2-hour timeframe, we observe that the price, following last nightβs analysis, has rallied once again, soaring to $2319! However, it wasnβt long before it encountered selling pressure and has corrected to $2307 as of this moment! As I mentioned in the previous analysis, the significant demand zone for gold lies between $2303 and...
By analyzing the gold chart in the 2-hour timeframe, we observe that after the price drop to $2332, there was a demand surge, allowing the price to rise to higher levels as expected. After the price entered the Bearish BB zone at $2372, we saw a price drop to $2368. Currently, the price is trading around $2370, and in a few hours, we will have the important US CPI...
Hello traders ,what do you think about EURUSD? This currency pair has reached the ceiling of the channel and a resistance zone. It is expected that after a correction to the specified zone, it will grow at least to the specified level. If this post was useful to you, do not forget to like and comment.β€οΈ
Hello. As you can see, Bitcoin failed to break the Ascending triangle in its last attempt, and now it is making a fourth downward wave based on Elliott , and than we have to wait for Bitcoin's rise. πTo motivate me ,Like β€οΈ & Share π this post with your friends ! Thanks for your support β₯οΈ β οΈThings can change... The markets are always changing and even with all...
The area around $14-16 looks like a place I might want to jump in BUT I DOUBT I WILL!! NOT FINANCIAL ADVICE!!!
Pair Name : GBP/CAD π¨Time Frame : 4hrs Chart / Close βScale Type : Large Scale ------ π spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money βοΈ Key Technical / Direction ( Long ) Type : Mid Term Swing βββββββββββ Bullish Break 1.72500...
End of day update from us here at KOG: Yesterday we suggested looking for the support level to hold and the move to the upside should continue. While CPi was looming we identified the regions we wanted to target and although the support level fell just short, we got a move up again from the order region 2350-55 completing our Excalibur targets above. CPi...
Following the news, FX:EURUSD has rebounded from a support level and is now making its way towards the next resistance zone. On the weekly timeframe, we're seeing a bullish bar that broke through the previous two weeks' high, indicating a potential upward trend. This break above the key zone of 1.08000-1.08200 suggests that the price may continue to rise. As you...
Hi. KUCOIN:GTAIUSDT Today, I want to analyze GTAI for you in a 1D time frame so that we can have a SHORT-term view of GTAI regarding the technical analysis. (Please βοΈrespectfullyβοΈshare if you have a different opinion from me or other analysts). π΅We have a Bullish Structure here GTAI formed a falling wedge on 12h timeframeπ€ Up we go if we do breakout ,...
#GOLD.. market reached at his 3 weeks high. There is only one area that is 2392 93 around. So guys keep close it because it's final hope for sellers. It will be your key level in today and swing level as well. If market hold it, in that case any kind of selling expected with supporting area of 2378 around. If not hold then cutt n reverse keep in hand. Good...
RNDR / USDT One of top favorite coins in this cycle The chart says it all : β Positive retest of 2nd weekly S/R β potential breakout of current accumulation range If no more BTC drama Next leg up should be very soon
βοΈDo not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss...
Hello, dear friends! Much has been said about Bitcoin cycles, and you've seen many charts, including mine! But today, I'll summarize everything that has been said before: briefly and clearly!So... What Defines the Bitcoin Market Cycle? The Bitcoin market cycle signifies the repetitive trend of price movements within the Bitcoin market, marked by alternating...
This chart uses symmetric trajectories from the early distribution phases to estimate the path price will take to initiate markdown. Initial target = 506-508. If SPY finds resistance at 516 then the initial target could hit by the end of this week (5/10). If SPY breaks above 516 it should find resistance at 518-520, and then the initial target will be delayed -...
Bitcoin price action has literally bored market participants into a gelatinous state of perpetual apathy. Thatβs about to change. Why? 1) Price action and RSI resistance breakouts. See daily chart below. On the 8hr chart above (using Heikin Ashi candles for cleaner reading): 2) A trend reversal is evident with the first higher low since April 3rd. Green...
Over the last week or so I've made a few posts on Bitcoin's inverse head & shoulders pattern, which is a bullish reversal pattern. In my initial post below I expected the reversal to come in earlier, but apparently we first had to go down more before the right shoulder was completed. As of now, the H&S pattern is confirmed (unless we dump in the next ~30 min)....
The Dollar Index is experiencing a slight downward trend, with the price consolidating in a descending triangle pattern. The neckline of this pattern is between 105.09 and 104.88, which has been a major horizontal structure. If the price breaks below this level and closes on a 4-hour chart, it is likely that the market will continue to decline. The first target...
Ahead of CPI I am looking to short EURUSD, my targets are below 1.07000 stops above 1.086 area. Use proper risk management. The box shapes drawn on my chart are from GOLD BACH. If you want to learn about it let me know. Cheers