At the New York session yesterday Wednesday, Gold got sketchy as the price quickly sold-off below the critical 2500 level but it soon got support as a further sell-down in the Gold price was not warranted. The Gold-price bottomed at 2494.03. As it recovered quickly with bulls stepping in the price got back above the 2500 zone. I advised here of bullish...
In this chart, I uncover price levels across an identified cyclical pattern hidden within Bitcoin. I was initially hesitant to publish this, as I had been pondering the theory for a few days. However, as the price approaches the Phase 2 level, I believe the timing cannot be ignored, and a reaction may be imminent as Bitcoin could be on the verge of breaking out...
The price is moving in a downward direction to establish a possible pattern. This pattern is only drawn for a schematic view and it may move down in a different direction. Money management is mandatory.
The Unspoken Truth & Mystery behind Stop-Loss Hunting: *** The Most Important Point *** Many Training Academies & Experts say it is Most Critical to have SL, but where ? How much % ? In Equity Delivery Trading (Not F&O / Not Intraday) – when you have done thorough analysis of stock and sector, more than SL, patience is key. Understand the Unspoken Truth – In...
We could see GOLD reverse at the 1928 price if and only IF that support holds.Watch out for a fake breakout then a retest of the 1953 price for confirmation.
What we can see on the chart is a falling wedge pattern. The price is still moving inside the pattern, once it breaks above the trendline it can be a good momentum to enter long. Do not forget to put the stop loss under the wedge . Possible target area is shown on the chart.
Hello traders around the world! My name is Alexandre Karim and today I want to talk about NZDCAD for a possible long position scenario. On the weekly chart we can draw a descending channel since April 2016 (Low at 0.86573) & November 2016 (High at 0.98831) till present taking multiple touches. The descending channel shows us an upside gravity + on the higher...
SQQQ price closing on 50.24 USD where on the breakout of resistance level 48.68 USD yesterday. Notice that having a huge buying volume to support the breakout (cup and handle pattern), this indicate it is a strong bullish signal where investor can consider to take "Long" position on SQQQ with current price (50.24 USD). To be conservative, can take 46.19 USD as...
GBPUSD Analysis and Wave Analysis Pattern Diametric in Wave E Triangle Pattern
If history is any guide... It can go to $0.69 just for the memes! Wish to the moon! don't try to outsmart Wallstreet just try to think like them. I have been wrong 100 times with this one! I just don't want to be 100 + 1! This is what true risk/reward looks like! Everybody is scared to death and the majority sitting at > -70% losses... Please do your own...
A very good breakout of N pattern is done in cipla now it retested tomorrow was a good opportunity to buy it . Buy Cipla at 1067 Target 1079 1100 1200 Sl 1007 Must buy it bse increase its rating
es1! puts have been lining up for a pump in vx1! and this is captured in uvxy hourly as a bullish engulfing in reversal in red territory sss candles. as long as we hold hourly lows vix and we cross above pivot turning sss signal green and printing a qqe long upper horizontals are in play.
Be sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer In the financial markets, in the technical analysis of Elliott wave theory and its different styles, it is like the letters of the alphabet to read the price movement on the chart and it helps us a lot to diagnose and predict the future price. Fibonacci One of the good friends...
Be sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer The structure of the diametric wave is forming in the B wave, or it is in the X-wave construction stage, or the biametric wave is not yet complete, and the F and g waves remain.
Be sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer It has the structure of an ABC FLAT Failure Irregular and the price is likely to go down to the specified range
This post is just a personal idea and analysis should not be the criterion for buying or selling It seems to be in the g-wave and based on confirmation from other currency pairs such as eurusd, which has a negative correlation with this currency pair and the euro is bullish, this currency pair will probably fall to the specified range in the long run. It may form...
It has a structure similar to abc and the minimum thrust up to the specified range can be observed Be sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
Be sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer The wave analysis of this structure that you see in the image has created in my opinion