GOLD: Complex Scenario with Bearish Dominance I am focused more on the bearish scenario considering the way how GOLD is reacting so far. ๐บYou may watch the video for further details๐บ Thank you and Good Luck! โค๏ธPS: Please support with a like or comment if you find this analysis useful for your trading dayโค๏ธ
FX:XAUUSD is strengthening well on the background of weakening dollar index, related to fundamental reasons (news on inflation). Gold's strengthening may continue, but after a correction. Bulls are interested in 2378-2350 area. The main task is to take the defense above the key liquidity and support zones. Confirmation of the end of the correction phase on...
On the above weekly chart of Bitcoin price action a signal not seen since March 2017 and previously November 2012 has printed. No one on the social media circles is talking about. You heard it here first, remember that ;-) What is it? Weekly hidden bullish divergence. It is the same signal that allowed us to long the S&P 500 from 3750 and the Nasdaq 100 from...
Dear colleagues, I believe that the five-wave momentum is not yet complete. I expect a correction in wave โ4โ to the area of 1.08270, then the continuation of the upward movement to the area of 1.09501. Thus, the price will complete the wave โ1โ of the higher order. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Bitcoin (BTCUSD) started to rise again, which is very natural as it almost completed a -25% correction (normal during Bull Cycles) and closed yesterday above the 1D MA50 after two straight rejections. The situation couldn't look better on the long-term charts as well, namely on 1W where it is at a cyclical stage (ellipse on the chart) where during past Cycles it...
โญ๏ธ Smart investment, Strong finance โญ๏ธ GOLDEN INFORMATION: The price of gold rose due to a weaker US Dollar. The recent CPI report indicated slower inflation in the US, leading to expectations of rate cuts by the Fed. Lower interest rates benefit gold investment. Traders will monitor various economic indicators and speeches by Fed officials, which could impact...
Intro - We have the BEGINNINGS of a unproven intermediate triple top pattern. Details - Because of the spiral that makes this top so "circular", trend engine thinks this is signalling an incoming triple top. This is working draft, once it's ready I will send it.
The price perfectly fulfilled my last idea. The market took off and hit the target. FX:EURUSD has broken through the previous day's high, moving higher as it tests the strong resistance level of 1.09000. This is the same zone where the market tanked, setting up an April high. The price has now reached the upper border of the channel, making a 1-2-3 extension,...
Intro - Saturday I published first draft with "regular M". Before Sunday open, I thought it should be - in the words of the crypto guys who named it originally - "big-dick M". Within 2 hours of Sunday open I knew it was just regular looking M. Monday, price spent too much time going flat at 2336 which made the M into a "bent M" or a "crooked M". The first...
BTC / USDT BTC has printed big falling wedge and the chance for big breakout is high however more corrections and final shakeout can also happen The bottom about to be formed So Keep accumulating BTC and strong altcoins and enter market partially In meanwhile you can ask about your favorite altcoin for analysis Best of wishes
๐ฅToday, I want to analyze the GameStop(GME) project for you. After being listed on some exchanges , it has increased its price by more than โ3,900% in the last three days. ๐What is GameStop(GME)โ๏ธโ ๐ธ GameStop(GME) on the Solana network is a meme paying tribute to the 2021 short squeeze of GameStop. ๐According to the theory of Elliott waves , ...
INTRODUCTION - This is a conditional long that should produce strong returns if 2 conditions are met. Obviously the nature of those conditions are binary. DETAILS - This is being published at 12:15-ish AM ET. See that arc and that line? That arc MUST HOLD UNTIL 3:30 AM ET, about another 200 minutes. If that is true, and price gets BACK ON TOP OF THIS...
๐ฅToday, I want to analyze the Toncoin(TON) project for you. I chose this project because the Notcoin(NOT) token is listed in several exchanges today. ๐กYou might ask, what does the NOT token have to do with the TON token โ๏ธโ ๐Please be with me ๐ What is Notcoin(NOT)โ๏ธโ ๐ธAround 2018, Telegram developers decided to launch their own layer 1 Blockchain...
I shorted gold at 2385, 2390 and 2395 overnight according to the trading strategy. If you read my last article carefully, I believe you have not missed the short trading plan. Currently, gold has fallen back to around 2383. I have Closed all short positions at 2384 and is considering going long gold. Although gold continued to fall today, it showed strong...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ๐ AUDCAD has been overall bullish, trading within the rising wedge in red. At present, AUDCAD is approaching the upper bound of the wedge pattern acting as an over-bought zone. Moreover, it is retesting a strong resistance zone. ๐น Thus, the highlighted red circle is a...
TSLA Fanboys were cheering the recent earnings pump with positive news... I even received a message from a friend. He drives a Tesla btw ๐ . But TSLA is playing the slippery slope game here. And what type of slope will it be ๐ค. It could of course just shallow out here and hold. But for as long as it keeps slipping, the probability increases that the earnings...
Here we have another Cryptocurrency trading pair that is exhausted on the bullish side; a classic irregular correction is now in the making with the end of wave b coming in now. As wave b is completed, the start of wave c opens the doors for a SHORT. โ The signal here comes from the volume. Notice how trading volume is much lower now compared to March while a...
SHIBA Inu has seen a nice retracement, but now it may be time to it watch closely! If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.0000249$ and take profits at the levels shown in the chart. Targets: 1. 0.0000255$ 2. 0.000027$ 3. 0.000028$ 4. 0.0000293 ...