I expect an increase, but I am waiting for the price to go lower
Looks to be 5 waves up and working on the ABC correction now (a larger wave 1-2) - this should do very well in the upcoming alt season Q the parabolia.
From where we put the "start" on the chart, it looks like a triangle is forming. The depth of wave D is high, which strengthens the possibility of forming a triangle. It is expected that we will have a return from the green range to the red range and then the main drop will occur Closing the daily candle above the invalidation level violates the analysis For...
GBPJPY:Two Trading Scenarios Explained In this video I explained two possible trading scenarios regarding GBPJPY ahead of the BOJ rate decision due tomorrow during the early hours of the European morning. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Welcome, Trader. Welcome to our cryptocurrency community! We are going to discussing #GALAUSDT 💹 #GALAUSDT🔥🚀 --------------- Update: #GALA formed a triangular pattern over a 8 Hr time frame 👉✅. Currently trading on the major support area and retesting the major trend line. Seems it will go high very soon after taking the liquidity below the mentioned zone.✌😉 In...
GOLD is probably preparing for a last small crash to the main support of the expanding triangle in the major timeframe. This is a great opportunity to buy GOLD at the bottom of an expanding triangle because it is also in confluence with the 0.382 Fibonacci retracement. This Fibonacci level is very strong together with 0.618 because 0.618 + 0.382 = 1. You can buy...
According to the data we have on the chart, XAI seems to be completing a large triangle. In the green range, wave D (which is a diametric) is expected to end and then move towards the specified supply and again reject the supply strongly downwards. Let's see what will happen Closing a daily candle below the invalidation level will violate the analysis. For...
The British Pound (GBP) fell below the key support level of 1.2800 against the US Dollar (USD) during Thursday's trading session in London. The GBP/USD pair corrected sharply after rising to near a three-month high of 1.2860, inspired by a cooler-than-expected United States (US) Consumer Price Index (CPI) report. in May. Cable posted decent gains as the US...
Hello friends Notcoin currency has had a price jump after the initial pricing. Then, with the calm of the transactions, wave 1 has been revealed and waves 2 and 3 have also been completed. One of the characteristics of wave 4 is that it is long and tiring and corrects between 50 and 61.8% of wave 3. These events are also observed in wave 4, so we can identify...
The Linera regression line upper band is where the price is today . It may act as a resistance levels or a breakout level. The elliot wave counts is as seen on the chart and it show completion of the 5 waves followed by retesting important Fibo level of 546.20 . The Fibo retracement provides levels are important to keep on radar. The support levels where the...
I have put together what I believe is the correct market forecast for the remainder of this Secular Bull Trend. Currently, today, June 2024, we are in the middle of a monthly pullback/consolidation. I have marked the low, that I believe will hold, with the grey box at price level 35,100-35,900. Once broken out of the bull flag, price should shoot up to 44,000...
Yesterday we had the Fed's announcement about the CPI index, we saw that this index was 0.3 to 0.4 lower than the previous period. This is the result when the Fed implemented tightening monetary policy in the past. After that, the FOMC meeting announced that interest rates would continue to remain at 5.5%. - This made gold yesterday, after the announcement of CPI...
PFC Intraday level fo 14th June #PFC Buying opportunity above 506 Stop Loss area 500 Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade Point
Date: 14/06/2024 - This analysis is a case study only, a study of investment advice and does not provide signals to inform you of responsibility for the actions to be taken. ❤
Infosys level fo 14th June #INFY Buying opportunity above 1505 Stop Loss area 1490 Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade Point
First 5 waves up have completed and we're currently working on the correction process - yes we can fall down more but it will only be another buying opportunity - Expecting this to do very well once alt season kicks off.
After completing its motive 1-5 wave pattern upwards, the pair has initiated a correction phase. We are currently observing the development of the C wave in this correction. Upon the completion of this C wave, I anticipate a bullish movement aimed at filling the existing market gap. Once the gap is filled, I expect a reversal, providing a potential sell opportunity.
Short Term Elliott Wave in DAX suggests the Index is correcting cycle from 4.19.2024 low. The rally from 4.19.2024 low ended wave 1 at 18892.92. Wave 2 pullback is currently in progress as a double three Elliott Wave structure. Down from wave 1, wave (a) ended at 18515.84 and wave (b) ended at 18855.05. Wave (c) lower ended at 18394.43 which completed wave ((w))...