CAUTION and BE PREPARED for what's to come during this sideways, consolidation or SOS phase. CHART FLIPPED on BTC I like to flip my chart. Looking at the 2HR timeframe, we will start consolidating for a few days and even close the week. If you failed to break and hold the 65k zone....that's the sign and start DCA on shorts as the consolidation pattern plays...
Honestly the plan is pretty easy for GOLD. I have no doubt we are going up (this doesn't mean that you open a random buy) and i want to accumulate longs in the next weeks. Actually, most retails are long on XAU, and that's a good sign we will go down first, but every dip is a gift to add longs. China is buying, large speculators are buying, what are you going to do?
According to the long-term analysis, the DOT currency is moving in the 1W time frame, which, as mentioned in the updated micro-waves of the previous post, completed a complete cycle in accordance with the path in the range of 11.92. 💎 First scenario: due to the recent three-wave correction and support in an important PRZ area, an upward corrective movement is...
Ideas on GBPUSD doesn't completely fit with the idea about EURUSD. On EU i will look for short opportunity next week, but for the Cable i have some doubt. I expect a downside moves, but not so strong probably. I think we can aim for around 60-80 pips drop before a new range, that could lead in a rise in the coming weeks
Will be looking for an entry AU upon completion of corrective wave
My vision about this cycle. First rate cuts are bullish, at least 3 of them, and soft landing will open the bearmarket.
Here you are my toughts about the next week for EURUSD. This was a pretty chop week, and i think we could see some good opportunity to enter short next week. Range is good here, because it indicates a possible long accumulation, that could be followed by an upside moves and a long liquidation. Recent COT report also indicates us that funds are increasing their...
After wave 12345 wave ABC wait fibo 50/61.8 retracement and then sell preper risk management
According to the previously presented analysis, after exiting the downward channel and pulling back to it, it grew by more than 55% to the specified range. After that, there was a three-wave correction up to the green box range. Currently, two behavioral scenarios can be considered to continue its path. 💎 First scenario: in case of the inability to penetrate and...
NATGAS big bullish wave coming 2 different trading ideas a riskier one, with less confirmation a less risky one, with better confirmation
we will be looking to short gold, will be looking for a confirmation on a lower time Frame.
The crypto total marketcap has previously experienced two uptrends that lasted 1064 days. We are in the third cycle and there are 518 days left until the completion of the 1064-day trend. The cycle will be completed in November 2025. We'll see if history repeats itself.
The Bank of England is reporting lower inflation and is now sitting at 2% whilst Canada's inflation is still rising. Over the medium to long term, the GBP will outperform the CAD. For now expect a retracement before continuing the uptrend.
Trend Analysis Downward Trend Line: There is a red downward trend line indicating that gold has been in a downtrend. This line acts as a resistance level. Support Zone: There is a green support zone around the $2,318.00 level. This indicates that there is buying interest around this price, and it has historically acted as a support level. Resistance Levels...
Hello,Traders! AMAZON is trading in an Uptrend and the stock Broke the key horizontal Level of 190.00$ and the Breakout is confirmed so We are bullish biased And we will be expecting A bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
LOL as I mentioned the other day, if Biden wins the debate the market will pullback, if Trump wins, expect a fake rally and then a pullback. So with probably the worst showing of any presidential candidate in any debate, we got our fake rally and now it is time for the pullback. Here I am looking at the daily chart and the pinbar forming is telling that there...
jotting down some area's of interest that I'm interested in. Price could go to those lines if it goes up or if it goes down cause there are lines everywhere. phew.