Bitcoin recently experienced a false breakout below a key support level within the daily timeframe. This event hinted at a potential reversal, marked by a robust recovery from the previous sell-off, rebounding to the $57k-56k range. Re-entering the demand zone signaled a bullish sentiment, and yet another rejection occurred at the major trend line. The...
I still focus for bearish. Looking next impulsive move. Trade at your own risk guys.
I thik GBPUSD will continue bearish for next week. This is my view. Trade with your own risk guys.
I still focus for bearish. Recounting back after invalidation level broken.But its ok will try to focus for this setup. Im ready for next week. Trade with at your own risk guys.
In my short-term wave projection for XAUUSD, I anticipate a price reduction driven by an impulsive wave downward.
Price has recently hit yearly highs and experienced significant resistance at those levels. The last week of chop has indicated there is a struggle in the market. This proposed trade will see a test and retest of key points to the bottom of the daily/weekly channel and then further analysis from there.
updated count, believe this to be x impressive hit 62% c of x 1.27% extension. But imo it is corrective and not impulsive no real fib bounce for bull cycle here per other counts. y to complete before wave b that will see 38-50% retrace. target of 1960 not changed 78% of wave 3 into territory of wave 1
This is neither meaningful nor detailed (except for the date & the price). Let me walk you through my thought process. I'm gonna put myself in your shoes and see if I would understand the context based on what I wrote...Yep, I do
What would happen if the US 10-year Treasury yield rose to 20%? The clear five-wave pattern in bond yields is causing concern.
Using Fibs and previous history I show the possibility that Coinbase is about to start wave 3 of 3 up towards 500.
runing flat for wave 2 that looked like 5 up .still vali5 waves for upside
This is my predictions for gj. I think its a good time to go for longs. the writer doesn't think the Japanese banks have enough buying power to make gj go for crazy shorts.
also a possiblity to my last chart. my fist chart is my bias and i have took the trade but this also a pssiblity risk accordingly. i am no exspert. and this is not financal advice ha ha
BINANCE:KDAUSDT is just like BINANCE:MOVRUSDT it is in an uptrend on the macro timeframe. On the Hourly timeframe price should breakout of the Descending Channel soon for at least 50% gain OTHER ANALYSIS
possible low on btc if it brakes 61000 for a wave 1, then holds the wave 2 above the lowof 60100 this is a valid macro wave 1 according to sir ralph nelson elliot. but i do see price spiking 60k which it is yet to do. would like to add i had 50k as my reversal level. but no one knows .60 kcoule be the one
This metaphor based on the DSOTM album is an excellent reference for the market cycle. Have fun, but note that this is neither financial nor trading advice.