Natural Gas stock Bulls NatGas Support & Resistance Guide AMEX:UNG Stock Forecast USO Oil Stock Forecast DXY US dollar Stock Forecast Gold XAUUSD Stock Forecast Silver XAGUSD
Skewed Triangle If a very strong trend takes place, we could face a Skewed Triangle, its wave D is longer than wave B. So. It’s the only type of triangle, which has a direction towards the main trend. This pattern is rare and we should mark it as the last possible scenario. The following Nifty 50 chart represents a Skewed Triangle, which pushed the price higher...
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
Yesterday's market fell to $77.75 in Asia-Europe trading began to rise to yesterday's highest point of $79.30, the lowest point to the highest fluctuation range is $1.55, and Wednesday's new low and yesterday's rise, that is, $76.36 May be the end of 3 waves, but also the end of 3-5 waves. Is it that today's market can rise to break $79.47, broke can basically...
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
Before the end of 2024 we will reach a new ATH @ around 110k. The next months we will rocket!
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!
Analysis strategy: Trading for 4 hours long offload + inside bar break Entry :197.740 Stop :194.950 trace to 195.600 p: 198.350 R:R = 1:1.14 The second item in FVG: @196.300
Gold got us excited again last week, trading back to near all-time highs, so for the coming week based purely on technicals, we can predict the following to happen. A break to the downside above 2407, towards the key level of 2395, and then back to 2406 would be a break and retest the strategy to continue a downward test of the main support level of 2372. I...
The golden market seems to have been making higher lows on its way up, so we might expect another retest on our previous minor resistance resulting in another HL before price pushes higher to break the main resistance. But also keep in mind that price formed a bearish harmonic pattern which may cause the bullish structure to fail when reaching the main...
Hello, traders, My analysis this week for EUR/USD is that we are forming a declining triangle pattern in all high times from 4 hours per month to reach the key supply zone of 1.08921 as a rest and retest the weakness and head to the key deman level of 1.06689, if we break this support then we should extend the downside and retest the makor water Flat 1.04669, has...
The general trend is upward, but according to the structure of a TB position
My expectation is that something similar to the chart will happen. So far, after each halving, we have seen a bull market, but it takes some time for it to happen. In this part of the cycle, big corrections, painful dips and boring consolidations are perfectly normal. Stay patient, stay focused, get ready for the third quarter, and you'll be rewarded.
NZDUSD 4 Hrly chart, looking to short up hear near the highs
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...
Gold fields a pull back is at play on the weekly chart a continuation to the upside is possible
we can see price pushing up further than the last major primary high. Im expecting a possible liquidity sweep and then a reaction from a 1 hour demand zone. Eventually, if fundamentals continue, we could see a further push up into the large imbalance. ✅So a brief checklist: 1- Now reaching a major previous high 2- possible liquidity sweep 3- looking for price...