GBPJPY looks like a sell on the daily and has moved strongly upwards from the last signal I called. This seems to be the top and for this updated signal I know for fact it can most likely drop from here. Resistance does not seem like it will break due to previous failures and as well we can be heading down potentially for months back to 194s area respectively....
Following my previous long term trading plan and after we hit all the target, I am publishing a short-term plan. It is clear that trading CRYPTOCAP:PEPE from here will not be a straight line to the moon, so let's prepare to buy and sell when necessary. Bear in mind that: - CRYPTOCAP:PEPE is a new coin, making it difficult to chart due to its limited...
Weekly= Bullish Daily= Bullish 4H= Bullish 1H= Falling Flag Pattern = Continuation Pattern 30 min & 5 min inverse head & shoulders. Expecting price to respect both patterns and continue up. First TP level around 18664.
Dear colleagues, I believe that the price will continue the upward movement to the resistance area 2402.809. This is the minimum target in case wave “5” turns out to be truncated. Before this movement, a correction is possible in the area of 50% Fibonacci level 2328.823. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
S&P500 (US500) is falling towards the pivot which acts as a pullback support and could potentially bounce from this level to the 1st resistance. Pivot: 5,275.81 1st Support: 5,203.86 1st Resistance: 5,379.39
AUD/USD is falling towards a support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6644 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 0.6594 Why we like it: There is a pullback support level which lines...
May 13-18 is a super bullish sweep before ATH creates a new one. Further upward momentum needs to be reversed. The CPI OB looks likely to be a sustained bullish zone. When the price decides to trade in this area, it will expand to 15 m /5 m, which can gain a lower TF scalp or enter the highs of the current week.
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.0811, which is a pullback support that aligns with the 50% FIbo retracement. Our take profit will be at 1.0884, a multi-swing high resistance. The stop loss will be placed at 1.0753, which is a pullback support level close to 78.6% Fibo retracement
Hello, everyone Our H&S model is starting to perfect. Now we focus on the target of 69.15K, which is also the key area for the next direction of the Bitcoin market:
Hello, everyone Our H&S model is starting to perfect. Now we focus on the target of 69.15K, which is also the key area for the next direction of the Bitcoin market:
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.2608, which is a pullback support close to 38.2% Fibo retracement Our take profit will be at 1.2667, a pullback resistance. The stop loss will be placed at 1.2534, which is an overlap support level close to 61.8% Fibo retracement
For Educations Turtle Soup/ICT Concept - Set50 Index Futures @SUN-19MAY2024 Set50 Index Futures do Turtle Soup in ICT Concept. HTF = Week/Day/H4 LTF = 15m Ref: The INNER CIRCLE TRADER via TraderDen
We should wait for the US30 to break through the pivot point for a potential breakthrough.
I think we're in a long wave of the overall wave. However, it may be a long reaccumulation phase before we reach wave 5, which will be a very high phase. An ambitious end to this wave could be a sell-off/rally to 2075 before it surges (can't go below Wave 1), and my Wave 5 forecast can reach Fibonacci levels of 1.618-8648 or 2.618-13442. Good luck!
Eurusd is expected to consolidate until we reach the bullish marker area. You can also expect a smaller pullback, and then the bulls.
price can reach 82.28 if it trade above the 79.79 resistance area