Price action was used to clarify waves; Patterns were considered based on the major waves and to approximate the reversal time.
Hello everyone! EURUSD is currently following my previous prediction as it is in a deep decline, hovering at 1.098 and breaking out of the support level of 1.101. With 3 deep declines and breaking out of 3 support levels, sellers continue to profit. Therefore, I expect it to continue moving down at least to the lower price channel, as indicated by the flat EMA...
The market is expecting an 84.9% chance that the Fed will cut by 25 basis points at its November meeting. Some other experts also expect gold prices to continue to rise in the coming time due to global economic and geopolitical instability. Despite the pressure from fluctuating US interest rates and geopolitical tensions, the precious metal remains a safe choice...
It will start a new journey to the goals mentioned in the chart. Let’s trust our tools
Gold price is looking to build on the previous recovery from three-week lows of $2,604 early Friday. Broad risk aversion and a modest US Dollar (USD) downtick support Gold price heading into the US Producer Price Index (CPI) data release due later on Friday. US jobs worries outweigh hot inflation, lifting Gold price Gold price continues to cheer the unfazed odds...
A Nifty50 analysis for the today Upside potential and other first go Upside then downside, sideways.
💡 Outlook: USDJPY is showed a very good impulse correction on the 5hr time frame. We now scale down to the 30m time frame and I want to see price make a impulse above the 10/20emas to show conviction and then a correction so that then I can scale down to the 5m time frame. Bias: Bullish but needs to show conviction on the 30m time frame.
💡 Outlook: Gold is looking really good on the 5hr time frame, I wanna see price correct into the 10 and 20emas for me to scale down to my 30m time frame and look for an impulse correction. Maybe we get that in NY session before closing the week! Bias: Bullish but needs to correct on the 5hr time frame!
In terms of risk to reward, a good position is formed on gold
What type of feel do you get from this, does it seem like this week had low impact moves and was typa slow. Imagen this was on a 1min Chart, what would be our next move, timing and positioning, we would think that because it tapped into the gap on the left and is now showing some potential bearish moves, the equal lows might serve as liquidity and have us ram...
Fundamental Analysis Gold prices attracted some buyers on Thursday and now appear to have snapped a six-day losing streak to a near three-week low around the $2,605-2,604 region tested the previous day. However, the rally lacked bullish conviction and is likely to run out of steam amid growing bets that the Federal Reserve (Fed) will cut its benchmark interest...
Thoughts of Media. wave analysis shows that we seem to be in wave 2 consolidation before the up move
Cams break out from its range after consolidation of almost 22 months which is very long consolidation to adjust its price. after break out some retracement is there. See for price action here if green candle on daily time frame it will be a buy for the target of all time high. sl will be 2473. Target near 4000 volume are gud and supported by 20 MA. Risk reward...
I feel we may have room to lower levels. I would be a cautious seller. Reasons, we have lot's of SELL pressure 17.5300 area, and further, SMI and Stochastic negative. Strategy SELL @ 17.5300 -17.5700 when seen and take profit @ 17.3850. SL based on your own preference.
The reason why we are still not rich is because we are driven but not serious, we are passionate but not focused. Knowing what you want and knowing what the market does are two different things, have an intention, My side when I don't know what to make of the chart, I fold my arms and open my music pad. For this chart I fold my arms and wait for the two points...
Bullish. ChoCh. Price retrace onto the demand that broke the structure and created a new HH. On the M15, there is a falling wedge pattern. Wait for the price to close above the 40EMA
Hello, FX:EURAUD has established solid support, signaling potential for further upside. The current price trading above the 1-year pivot point is a positive sign. The long-term outlook suggests a bullish continuation. TradeWithTheTrend3344
If etherium able to cross above blue line at 4th chart, with in 1-3 days, can be started up move with min %20-30 up... Very rare possibility to get such a nice pattern And an opposite side always possible but I do not think so... Cheers and enjoy