FX:XAUUSD breaks through downside range resistance and consolidates in bullish territory, opening up potential at 2365-2387. Signs that the US labor and housing markets are cooling keep hopes for a September Fed rate cut alive, with an ECB rate cut helping to keep the gold price afloat. Another important nuance that makes investors wary: A meeting between the...
Pair : CU - Copper Description : Completed " 12345 " Impulsive Waves Falling Wedge as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Demand Zone
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Impulse Correction Fibonacci Level - 78.60% Break of Structure Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves
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Oscillators divergence may signal wave ((3)) ended 8.2899 right into the 1.618 fib extension of wave i. Below 8.2899 we allow wave iv to unfold with possible support 0.382 fib retracement of wave iii. We are expecting the price to remain into the previous wave ((4)) span.
The price of THETA is currently trading at $1.525. After rejection from the trend line and resistance level at $2.502 the falls at monthly support zone (Green) at $1.338 - $1.434 and now trying to bounce from here. The price is trading under the trend line (Red) for approximately 102 days. The chart shows a bearish trend, as the price under EMA 200 (Black) is also...
#GOLD... Well guys market placed 2365 plus as day high in yesterday. That is our channel neck line as we discussed in our last idea, And that is our cut n reverse area as we discussed in our video analysis. So keep close it if market hold it then drop expected from here. In case market break that area then selling will invalidate and as I told you above 2365 is...
Redo my previous chart to have more details. BTC v.s DXY ( 10 June 2010). DXY at the time completed the triple tops. BTC now forming the triple tops. STOCHASTIC RSI Both Stoch RSI at the time are lows, showing signs of Bears. It might look Bullish as it's going to come up, but that's the trap as it could slightly go up and down - see chart for STOCH RSI. The...
#GOLD.. we guys market perfect move as per our video analysis. and now we have 2 areas and if market will trade in range then that is your range. upside we have 2365 66 in hourly chart and downside we have 2358 in hourly chart as well. no doubt flash services and flash manufacturing PMI data on table but if market will trade in range then these areas is your...
The Craziness has contunied!! I expect a rapid Market Structure Shift after we touch the upper Trendline @ 140ish. We could see a Red Weekly candle for this week and/or a shooting star. Targets: Previous lows - 117$ Yes, I expect a 15-20% pullback Long Term Target by EOY: 195$
Dear Friends, Previous trade hit my First Target and I moved stop loss to the break even after hitting my first target. I always use this practice. Now I can See charts giving us long scalp opportunity again. Look at the charts. Take care and Traded responsibly
Here is our detailed technical review for USDCAD. Time Frame: 5H Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.369. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.373 level soon. P.S Please, note that an...
Take a look at our analysis for EURCHF. Time Frame: 2H Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.954. Considering the today's price action, probabilities will be high to see a movement to 0.950. P.S The term oversold refers to a condition where an asset has traded...
This analysis compares NDX, SPX, Dow Jones Transportation Index, and NYSE Index. This analysis assumes that the indices are highly correlated and at similar points in their larger Elliott Wave structures. This assessment views NDX, DJT, and NYA data as the primary wave 5 of SPX, whose data goes back into the 19th century. NDX, had an extra impulse wave to...
My dear friends, My technical analysis for AUDNZD is below: The market is trading on 1.0868 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.0798 Recommended Stop Loss - 1.0916 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
Platinum has reached our beige Target Zone between $995.40 and $1026. Within this range, the price should place the high of beige wave (4) and enter a larger sell-off. If, on the other hand, there is a direct break of the resistance at $1105 (28% likely), we will still see the price in the green wave alt.X.
Im thinking GOLD starts bullish run.., Im waiting to touch support and ]give good conformation candle, Break and retest .., Please share your thoughts on comment section