Hello traders, hope you doing great. for upcoming week, I think we'll probably see an upward trend to the specified level. so with a proper trigger, we can open a long position. and finally tell me what do you think? UP or DOWN? leave your comment below . if this post was helpful to you, please like and share with your friends. Thanks.
5 vave impulse completes in X# of Fibonacci days is my working thesis and as such maybe an erroneous assumption. currently in vave 4 (one more decline to around 55K, early July ) with 5th vave left, of impulse that started on 9/11/23. target around 300K to complete impulse in 377 Fibonacci days on 9/22/24 NFA work in progress
Hello traders, hope you doing great. for upcoming days, I think we'll probably see a downtrend in GBPUSD to specified Level IF the price stabilizes below 1.2734 . so we have to wait and see what will happen. and finally tell me what do you think? UP or DOWN? leave your comment below . if this post was helpful to you, please like and share with your friends. Thanks.
We will be looking for buying opportunities after the market ha created a reversal pattern or broken outside the descending wedge that will results in long term buys-1H TIMEFRAME
Sell BTCUSD @ 62,000 - 62,200 Tuesday 06/25/2024 10:17 PM EST Thursday 06/27/2024 10:15 AM EST 62,600 StopLoss —> 61,950 BreakEven+ TakeProfit 1: 61,800 TakeProfit 2: 61,600 TakeProfit 3: 61,400 TakeProfit 4: 61,200 TakeProfit 5: 61,000 TakeProfit 10: 60,000 TakeProfit 20: 58,000 TakeProfit 30: 56,000 Richard Eyo ~ The Wizard
This is what I see. I am long Solana and will hold until etf is approved. Happy trading.
According to the research i've done, market is most likely to open upside and go up as market has the support of supertrend along with RSI under 20, but in other situations If it comes downside It will have to suffer through a great support of level 51950 - 52000, if it breaks down this support it can go further downside. The other scenario can be that the market...
We looking for short term sells then long term buys as we are expecting a reversal that will lead to those long term buys after short term sells-1H TIMEFRAME
The SOL/USD 1-day chart presents a complex technical picture, with both bullish and bearish signals vying for dominance. Let's delve deeper into the observed patterns: Possible Bullish Pennant Transformation: The analysis suggests the chart might be exhibiting a tight bullish pennant pattern. This pattern typically forms after a strong uptrend and indicates a...
Hey Traders, The dollar index has been moving to the upside making some form of a wedge or a contracting diagonal. According to the basic technical analysis and based on Elliot waves theories, we should expect a reversal once the diagonal is completed. In addition to that, we can observe divergence by looking at the MACD. This indicator is used to predict when...
### Recommendation: Morpen Laboratories - **Type of Trade**: Swing Trade - **Entry Price**: Above 57 - **Short-term Stop Loss**: 52 - **WCB Targets**: 60, 71, 75, 85 - **Long-term Stop Loss**: 42 **Fundamentals of Morpen Laboratories**: Morpen Laboratories is a well-established pharmaceutical company with a strong presence in the Indian market. It specializes in...
BTC has been extremely week since topping out around $71k a few weeks ago. It has done nothing but continue moving lower despite the rally in stocks and semiconductors. I believe this is mostly due to DXY strength, but this is the make or break area. BTC has refused to go back below GETTEX:59K ever since it broke above. So I'm expecting the move off of this...
Sunday's we give a weekly look at what's coming and a few possible trade ideas. We breakdown news, DXY, US30, Gold and this week GbpJpy. With July 4th and Friday's NFP data coming out it's setting up for an interesting week ahead.
Logarithm. Time frame 1 day. 🟣 Local trend . Part of the secondary trend, horizontal channel zone with a step of 372% external channel /180% internal channel, in which a descending wedge is formed. Now there is a local price squeeze, at the support zone of the inner channel. Also superimposed is a slightly modified Gann fan, to understand the dynamic...
We looking for selling opportunities as the market is respecting the trending vertical resistance level which can form a reversal pattern which will result into sells-1H TIMEFRAME
#NIBI The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward We have a bounce from the green support area at 0.09800 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that is about to break higher and supports the rise Entry price is 0.1000 The...
$58k low is holding for now. Huge RSI divergence. If the $58k low holds, this could be the launching point to new highs and a bull run later this year.