BUY at zone - swing / intradayENTRY
- lines marked below is potential reversal zone ( PRZ)
- entry is strictly inside the zone
- look for buying confirmation in smaller time frame ( 15 minutes preferred )
EXIT
1. target
- mark fib retracement from C to latest swing low
- TGT 1 - 0.236 fib level ( intraday tgt)
- TGT 2 - 0.382 fib level
- TGT 3 - 0.5 fib level ( preferred target )
2. SL
- candle close below (PRZ)
- if u didn't get confirmation inside the zone , ignore this pick
- if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK
- RE-ENTRY can be done , if u again get buying confirmation inside the zone
AB=CD
Crypto Total Market Cap to Surge to $5.987T by 2029!Using the Elliott Wave theory, Fibonacci retracement, and the ABCD pattern, I’m projecting a significant rise in the total crypto market cap over the coming years, potentially reaching $5.987 trillion by 2029.
We are currently in the early stages of a new impulse wave (Wave 3) after completing a corrective phase (Wave 2). The first target (TP1) is set at $3.967T, supported by the 1.618 Fibonacci extension level. If the market reaches this target, a subsequent wave (Wave 5) could push the total market cap up to $9.983T, aligned with the 2.618 Fibonacci extension level.
The ABCD pattern further confirms these projections, reinforcing the potential for a strong upward movement.
While the market remains dynamic, this analysis provides a promising outlook for the long-term growth of the crypto space. Stay tuned and secure your positions! 🛡️📈
Analysis and trading in 4 hoursMost likely preparing for a good launch
entry:(0.4180_0.4070)
st:0.3945
tp:0.4840
XAUUSD: Price will likely to continue rising up towards 2558$! Dear Traders,
Price is likely to continue rising up towards 2558$ as price has been consolidating since last few days. Sellers tried to take the price down but they failed to do it so and it reversed back from our previous buying entry point. We will having big news in coming days which will likely to shape the market and trend. Good luck.
(Update) !!! JASMY 6h Chart Analysis : Bull or Bear ? (READ)JASMY is attempting to break through resistance of ascending triangle pattern after bouncing off support. Wait for a decisive breakout above the ma 100 to confirm the continuation of the bullish trend📝
The price can increase as much as the measured price movement ( AB=CD ) .
The break out needed for increasing further has not happened but it should happen pretty soon.
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!
BTC (4H): Range BoundBTC is moving within a consolidation box
Price is ranging between:
61,800 (Resistance, top of channel)
57,700 (Support, bottom of channel)
Bulls need strength to break the resistance of 61,800.00
AB=CD pattern target calls for 68,000 (Daily Descending channel top)
However, a resistance of 63,500 will require Bullish move.
#EURUSD: 500+ pips buying opportunity | Ready Before NFP?Dear Traders,
Hope you are doing excellent, we have a solid swing buying, we have nfp coming up next week this will be decider for EURUSD future price movement. However, there is also a possinlity that price can do the early mitigation which will not be ideal for as we currently expecting price to drop a bit more before it bounce.
good luck
buy at zone - swing / intradayENTRY
- lines marked below is potential reversal zone ( PRZ)
- entry is strictly inside the zone
- look for buying confirmation in smaller time frame ( 15 minutes preferred )
EXIT
1. target
- mark fib retracement from C to latest swing low
- TGT 1 - 0.236 fib level ( intraday tgt)
- TGT 2 - 0.382 fib level
- TGT 3 - 0.5 fib level ( preferred target )
2. SL
- candle close below (PRZ)
- if u didn't get confirmation inside the zone , ignore this pick
- if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK
- RE-ENTRY can be done , if u again get buying confirmation inside the zone
GBPJPY: 1800+ Pips Buying Opportunity, is it possible?Dear Traders,
OANDA:GBPJPY
We have witnessed a major change in JPY pairs price movement, we are expecting a reversal at 187.00 from where we can see strong bullish move to continue taking the price to yearly higher high at 208. We have set three target so that you can target and have a secondary bias to your own analysis. Good luck.
GOLD will rise by +300% in only 3 years! (Better than Bitcoin)I am pretty confident that GOLD will rise by +300% in price in only 3 years! Is gold a better investment than Bitcoin at this moment? Should you sell BTC and buy GOLD? Definitely yes, and I will tell you why!
Gold was in a sideways consolidation period from 2011 to 2024. And this year, in March 2024, the price finally made a strong breakout bullish candle on the monthly chart that changed everything! The big players have a lot of liquidity and then cannot move large amounts of money from one asset class to another with a single order. Also, for them, it's not best to buy all assets at the same time. In 2024, we see that big players are hugely interested in gold again, so this should be your main focus.
Why can Gold go 300% in 3 years and Bitcoin cannot? That would be around 210,000 USD per Bitcoin in 2027, and we know that this is impossible to happen as Bitcoin is statistically dropping every third year by 70% - 90%. Of course, big players are using this high volatility to buy cheap Bitcoin and to force retail investors to sell in a huge loss. They will do it again, as it's extremely profitable for them. Most likely, the price of Bitcoin in 2027 will be below 70k!
From a technical perspective, on the monthly chart we can see that the price of GOLD is inside this ascending parallel channel (since the year 2000). The probability of touching the top of the ascending channel is very high at this moment. From the Elliott Wave perspective, gold is starting an impulse wave (3)! Usually, waves 3 are the strongest! Another indication that huge news is coming for GOLD.
Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
EUR/USD: AB=CD Harmonic Pattern Signals Potential Bullish TradeAB=CD Harmonic Pattern Pattern Formation:
The EUR/USD pair is currently forming an AB=CD Harmonic Pattern , which is a common and reliable formation in technical analysis. This pattern is typically seen as a strong indicator of potential price movement, making it a crucial point of interest for traders.
Fibonacci Retracement & Projection Analysis:
The BC leg has shown a 58% Fibonacci retracement, aligning with a 2.0 projection of the BC leg. This confluence strengthens the validity of the AB=CD pattern, suggesting a high probability of the price reaching the D point as per the pattern projection.
Entry Strategy:
We recommend taking a Buy entry near the 1.10500 level, at the retest of the Point B breakout. This level offers a strategic entry point, capitalizing on the potential Bullish Trend Continuation toward the projected D point of the harmonic pattern.
Profit-Taking Strategy:
To maximize profit while managing risk, we suggest the following take profit levels:
TP-1: 1.11300 - First resistance zone where partial profits should be taken.
TP-2: 1.12100 - The second resistance zone is critical for further profit-taking.
Stop Loss Placement:
To protect against adverse price movements, a stop loss should be placed near 1.09690. This level is strategically chosen to allow for natural market fluctuations while safeguarding against significant losses.
Conclusion:
The EUR/USD is currently presenting a strong technical setup with the formation of the AB=CD Harmonic Pattern. By entering at 1.10500, traders can position themselves advantageously for a potential move towards the resistance zones near 1.11300 and 1.12100. Proper risk management is advised with a stop loss set at 1.09690.
Disclaimer: This analysis is for informational purposes only and does not constitute trading advice. Forex trading involves significant risk and may not be suitable for all investors. Always consult with a licensed financial advisor before making any trading decisions.
7204: Breakout and Retest7204 was in correction for a while within descending parallel channel.
Breakout followed by retest is observed on parallel channel.
Price has started showing HH, HL formations after
taking support from horizontal line
which is also golden pocket fib level.
A Bullish divergence is also formed.
Take entry now (with aggressive or conservative SL) and ride the trend.
Do proper risk management based on your portfolio and appetite.
XAUUSD: A small correction before going ATH! OANDA:XAUUSD
We may see price correction on XAUUSD before it continue moving up, price has been extremely bullish since the beginning of the week. However, we may now see price dropping towards 2440 which area remain a strong hold for swing buyers. Good Luck.
KMD NZ Buying long term positionMonthly chart
Buying long term position trade for a set and forget position
Currently at
- 16% forward dividend
- Large monthly AB=CD pattern
- Monthly oversold RSI
These 3 reasons alone are enough for me to get in....
Retail is doing it tough and there are going to have to be some restructuring taking place, but it is a good brand that makes good products and I know it very well and have some of their clothes in my wardrobe
sell at zone - intraday - expecting small fall from the zone .
- good for intraday trade
ENTRY
- entry is strictly inside the zone
- look for confirmation in smaller time frame ( 15 mins preferred )
TARGET
- use fibonacci retracement on C to latest swing high
- mark 0.236 fib value as target
STOPLOSS
- if daily tf candle close is above the zone .
IGNORE
- if u didn't get confirmation inside zone , ignore this pick
- if daily timeframe candle close is above this zone , this pattern become invalid and ignore this pick
sell at zone - intraday- expecting small fall from the zone .
- good for intraday trade
ENTRY
- entry is strictly inside the zone
- look for confirmation in smaller time frame ( 15 mins preferred )
TARGET
- use fibonacci retracement on C to latest swing high
- mark 0.236 fib value as target
STOPLOSS
- if daily tf candle close is above the zone .
IGNORE
- if u didn't get confirmation inside zone , ignore this pick
- if daily timeframe candle close is above this zone , this pattern become invalid and ignore this pick
buy at zone - swing / intradayENTRY
- lines marked below is potential reversal zone ( PRZ)
- entry is strictly inside the zone
- look for buying confirmation in smaller time frame ( 15 minutes preferred )
EXIT
1. target
- mark fib retracement from C to latest swing low
- TGT 1 - 0.236 fib level ( intraday tgt)
- TGT 2 - 0.382 fib level
- TGT 3 - 0.5 fib level ( preferred target )
2. SL
- candle close below (PRZ)
- if u didn't get confirmation inside the zone , ignore this pick
- if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK
- RE-ENTRY can be done , if u again get buying confirmation inside the zone
buy at zone - swing / intradayENTRY
- lines marked below is potential reversal zone ( PRZ)
- entry is strictly inside the zone
- look for buying confirmation in smaller time frame ( 15 minutes preferred )
EXIT
1. target
- mark fib retracement from C to latest swing low
- TGT 1 - 0.236 fib level ( intraday tgt)
- TGT 2 - 0.382 fib level
- TGT 3 - 0.5 fib level ( preferred target )
2. SL
- candle close below (PRZ)
- if u didn't get confirmation inside the zone , ignore this pick
- if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK
- RE-ENTRY can be done , if u again get buying confirmation inside the zone