XAUUSD TF 4H 71124wait till price come into the zone and break out with big green/red candles
entry (TF 2h,4h)
SL at previous low/high
TP at Fibonacci
Fibonacci
XAUUSD is waiting for the FOMCWhere should XAUUSD goes?
XAUUSD is currently in fibonacci 1.618 area and have the ABC movement.
After Donald Trump wins the election, DXY becomes quite strong which push the gold move downward after reaching all time high before
I am seeing XAUUSD will move up because we expect Fed will cut the rate
Waiting for confirmation in M15 to create new high and put the stop loss in 2630-2640 area and XAUUSD shuold not break the downward trendline.
Good luck!
Grass price consolidates before the next impulseOne of the few successful listings in recent months was #GRASS
📊 OKX:GRASSUSDT.P price did not repeat the story of “colleagues in the shop” - other "tap" coins, which after distribution and listing fell like a stone into the downtrend, but grew more than 3 times in a few days.
What's next? Waiting for the consolidation to end, and:
🐳 Continued growth according to the blue scenario, at least to $2.60
💔 It's dangerous to hold a long below $1.40, as the fall will be in the $0.75-0.85 zone
Which scenario do you prefer?
$IBIT November 7, 2024NASDAQ:IBIT November 7, 2024
Weekly.
First time we have a close above all highs and near top of bar too.
We have to wait and see Friday Close.
For the last rise 33.47 to 43.63 holding 38.5 to 39 is important.
I entered around 40 levels.
Holding for a target 48 initially. After consolidation in that level i expect a good move.
Cardano most passive scenario when Crypto/BTC pops Here a lidle Fib/Waveanalysis of Cardano aka ADA.
Just dont forget to mention that this is the most passive wave target with the assumption that we in thie case allready bottomed in WAVE2 Correction, waiting for impulsive start into Wave 3.
Wave 3 to 5 are more or less assumptions that only work out when my theory of done wave 1 and 2 has been done allready and validated by a impulsive wave 3.
Facts that we can mention is, that after last bullrun WAVE1 is perfectly arrived in Fib range 88.6 to 78.6 thats a detail that makes me really safe about that whole structure i drawed in that chart.
At the end i will update Target when we drag a bit from actual price to 0.23$ and my thesis still would be valid.
!!! If we go lower then the 0.23$ then my thesis would be invalidate and we are still in correction of the last bullrun. !!!
Target of Wafe 5 is when everything runs minmimalistic with elliotwave targets is around 1.19$
Stay tuned folks
NQ Power Range Report with FIB Ext - 11/7/2024 SessionCME_MINI:NQZ2024
- PR High: 20923.50
- PR Low: 20889.00
- NZ Spread: 77.0
Key scheduled economic events
08:30 | Initial Jobless Claims
13:00 | Fed Interest Rate Decision
14:00 | FOMC Statement
14:30 | FOMC Press Conference
AMP Futures increased margin requirements overnight
- Broke above 20800 daily pivot
- Continuing to auction above previous session high
Session Open Stats (As of 12:25 AM 11/7)
- Weekend Gap: -0.13 (filled)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 310.36
- Volume: 24K
- Open Int: 262K
- Trend Grade: Bull
- From BA ATH: -1.3% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NVDA Long: Close out your shortsI have previously made a bearish case for NVDA that was invalidated as of the last session. Now that NVDA has hit a new high, we need to revert to a more "normal" way of counting our waves.
Over here, I presented the case where the minimum target price is 156 and the next target is 174. So, do not hold onto your shorts.
BTC LongLong opportunity on breaker block of 1H on the 0618 fib.
Elliot ABC retracement after breaking previous swing high
GT eyes on $8 major support: if it has a bottom, this may be it GT has been in a down trend for some time.
Currently testing a major support vigorously.
Possible Inverse-Head-n-Shoulders in progress.
I know nothing about Goodyear nor tire industry.
Is it a "has been" that can't make tires anymore?
If it HAS a bottom, then this be make a good one.
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Nifty Bank Index Analysis (30-Minute Chart)Key Observations:
1.Fibonacci Retracement Levels:
The chart shows a clear downtrend from around 54,497 to the recent low near 50,279.
Key retracement levels include:
23.6% Retracement : Around 53,497, indicating minor resistance.
38.2% Retracement : Near 52,882, a level that has acted as resistance multiple times.
50% Retracement : Around 52,385, which has been retested recently.
78.6% Retracement is seen at 51,180.8, a key level of support.
2.Moving Averages (MA):
The 30-minute chart shows price movement interacting with multiple MAs.
The 200-period MA is an essential indicator of trend direction and resistance/support.
Shorter MAs like the 20 and 50 periods can highlight entry points during trend reversals.
3.Support and Resistance Levels:
Resistance: 52,389.90 and 53,497.15. Breaking these could signal bullish momentum.
Support: 51,195.90 and a lower support at 50,279.50, which marks the recent low.
4.Trendline Channels:
The index is moving within a channel, with an upward support trendline. The price respecting these levels might suggest range-bound movement with breakout potential.
3.Volume Analysis:
Recent volume spikes align with price testing key resistance levels, hinting at possible rejection or continuation if volume sustains.
Grass: New kinda high! I'm bullish on if it can stay above 2.40.
TP on my triangle trade, now is the wave going to extend?
PA has broke above and flipped level Identified on the last charts and has been following the bullish path.
The count is a bit sus to me so looking for some clarity. But, it looks like a nice pretty triangle to a break up. Need it to hold the2.40 level and give us a wave 4 and 5 here to be sure. Break down, watching the lower levels.
Updates on EURUSD continue to unfoldElection results are clear and already priced in.
But the important news for the week isn’t over yet.
Today, the FED will announce if it will lower interest rates again.
The announcement is during the US session, followed by the press conference 30 minutes later.
Watch for yesterday’s momentum to continue and a move towards 1,0616!
Pulse of an Asset via Fibonacci: DAL Golden Genesis double top? This Concept is part of my study of Fibonacci Ratios applied to Assets.
This Chart captures the life of Delta Airlines ruled by the Golden Ratio.
This Post is to alert of possible double top and a reason for the last top.
The growth of anything in nature is choreographed by the Golden Ratio.
The growth of value or popularity of an asset is regulated by the same.
Imagine: "Each person that bought this, told on average 1.618 others".
The human collective as a whole must abide by the Golden Ratio.
The previous top was the top only because of the Golden Multiple.
The entire world is now very aware of this level, even the fib-blind.
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Part of my Idea series collecting samples of my Methodology: (click links)
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions <= Current Example
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Ordered Chaos
every Wave is born from Impulse,
like a Pebble into Water.
every Pebble bears its own Ripples,
gilded of Ratio Golden.
every Ripple behaves as its forerunner,
setting the Pulse.
each line Gains its Gravity.
each line Tried and Tested.
each line Poised to Reflect.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.
Ordered Chaos
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.
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want to Learn a little More?
can you Spend a few Moments?
click the Links under Related.
This is the liqidity Grab I was waiting for...Now I'm in the high-risk long trade with reduced risk.
Price broke highs retail longed, now they are stopped out and retail shorted = perfect environment for taking price finally up after previous month sell-off.
Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
Price can drop down to 1.378 , but..theres is FOMC meeting tonigh, the cut is expected so lets see how it will affect the price. There can be some short term spike up, but I think Dollar needs pullback
You are very welcome to comment with your thoughts, share your charts or questions about COT or how I came to this setup. Just comment below, I like any constructive discussion.
If we get the confirmation, I will be looking to position myself with my students and followers as highlighted on the chart.
Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
$SPY November 7, 2024.AMEX:SPY November 7, 2024.
60 Minutes.
For the rise 567.89 to 591.93 holding 580 levels is crucial for uptrend to continue.
580 is the top of gap for the fall as marked in red box.
Hence if i take the rise from 574.69 to 591.93 581 levels is important in smaller time frame.
I need AMEX:SPY to close above 593 for a target 640+
My views are same from September.
Holding 540 we are in a big move towards 640+
Now holding 565-570 is important on daily for that move.
The oscillator divergence marked yellow rectangle played out well in this move.
I expect some sideways today so that 9,21 averages can catch up.
All moving averages are near. So, after this consolidation one more big move is expected.
I had always posted I wanted to go long above 585 only.
And it gapped around that area yesterday and held on too.
So now 581-585 becomes important zone to watch.
It look bullish to me, risky at this momentbut once H4 candle closes inside the weekly range it will confirm my idea.
GBP news and FOMC tonight could be a fuel for this price move.
You are very welcome to comment with your thoughts, share your charts or questions about COT or how I came to this setup. Just comment below, I like any constructive discussion.
If we get the confirmation, I will be looking to position myself with my students and followers as highlighted on the chart.
Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
VQS LONG Not often I'm reviewing charts and happen upon a Monthly CCI cross. Purely point this one out as a possible cycle change. I am monitoring on a 4hr CCI alarm, may buy a little as the daily MA's are facing up with a bit of headroom before resistance. Will keep it updated if i enter.
End of Year Palladium Bull Run \o/From the current notation, I see this leveraged ETF on Palladium rising approximately 45% until the end of the year. The reasons are as follows:
Fundamental Factors : With increasing sanctions on Russia, one of the main exporters of palladium, global supply may become constrained. Furthermore, inflationary pressures might drive commodity prices higher. Technical Indicators : The Palladium chart has recently formed a higher high, and a higher low appears to be developing. The price has crossed above the 200-day SMA, and now the 30-, 50-, and 200-day SMAs are bullishly aligned. Seasonality: The seasonal strength in OANDA:XPDUSD is expected to begin the week after next.
So, we could get ready for rising prices in Palladium!
Bitcoin Roadmap!!!(New ATH)Bitcoin( BINANCE:BTCUSDT ) started pumping after it was almost certain that Donald Trump was the future president of the United States because Donald Trump announced his support for cryptocurrency during the last year .
In terms of Classic Technical Analysis , Bitcoin started pumping with the help of the Descending Broadening Wedge Pattern . ( Educational ).
Bitcoin has already managed to break the Heavy Resistance zone($73,900-$70,900) , but it has entered an important Potential Reversal Zone(PRZ) ; we have to see how long it can continue.
According to the Elliott wave theory , Bitcoin succeeded in completing the Double Three Correction(WXY) and is currently completing wave 4 .
I expect Bitcoin to start rising again from one of the Targets I have identified on the chart and at least rise to the upper line of the ascending channel . It probably needs Bitcoin correction to create another New All-Time High(ATH) .
⚠️If Bitcoin goes below the Heavy Resistance zone($73,900-$70,900), we should expect more dumps.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Next Stop $81,847 - $90,528 - $103,000This is a simple Fib Daily chart analysis showing you the next price BTC
127.20% = $81,847
141.40% = $90,528
161.80% = $103,000
Some of you maybe see this is not going to happen, but I am telling you since Trump won the election, The BTC market will hit the $138,000 some day in the future, don't lose hope, and trade with patience, patience is the key.
Alikze »» SKL | Wave 3 or rising C scenario - 1W🔍 Technical analysis: Wave 3 or rising C scenario
News:
SKALE to Participate in Sawadee Web3 Gaming in Bangkok on November 12th
- It is moving in an upward channel in the weekly time frame.
- It is currently in the Support Zone with the formation of a higher floor.
-The previous corrective wave has completed a full cycle in the Support Zone.
💎 Considering that the previous correction wave corrected the previous wave by 0.23 fibo and a higher floor was formed, if the candlestick is confirmed in the weekly time frame, it can enter the broken structure first by breaking the trigger line and then pullback. Ascending phase.
💎Therefore, if there is no stabilization below the area, the scenario of wave 3 or rising C with the specified targets will be accessible.
⚠️ In addition, if the Support Zone or Fibo 0.23 of the previous wave is broken, the bullish scenario will be invalidated. ⚠️
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BINANCE:SKLUSDT
