Gold will continue its sideways trend on the M30Gold will continue its sideways trend on the M30 after touching the strong demand area. Gold prices rose to form a new swing with confirmation in the form of a bullish divergent. Next, gold is expected to touch the next resistance area or sideways supply zone.
Support_and_resistance
Alikze > FIL | Wave 3 or C continues bullishIn time D1 and W1, it is moving in an ascending channel. In continuation of the analysis of the previous post, where we examined the upward micro-waves of wave C, in this post, the long-term trend of the currency is placed in the 3rd big wave or C, in the long term. Pay attention to this wave, regardless of the fact that it will have small corrections in the low times, the target of $12.5 must touch 100% of the wave. It has completely broken the supply area of 6.25 and is currently in the supply area of its previous ceiling, which you can enter the upward trend until the target range of 1.28 and 12.5 dollars.
So I will try to provide the necessary updates for the post in the low times.
🟩Sup: 6.25 ~ 7.03
⛳️Tp 1:10.28
⛳️ Tp2 : 12.5
⛳️ Tp3 : 16.886 ~ 19.530
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Alikze »» UNI | Pullback to broken structureIn the daily and weekly time, a motivational wave has taken place after the break of the dynamic trigger, which has been extended to the area of the weekly supply of this wave after the pullback.
🔰 Currently, after the failure of the area, there is a correction that this correction form can be in the green box area, after completing it, it can retest the supply area, which in case of failure can continue until the next area of the supply area.
🔰 If the green box is broken, this correction can continue up to 0.50 fibo of the previous wave, which can touch it if the next area continues.
Therefore, according to the correction structure, this form can continue up to the green box area after an upward correction.
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Alikze »» SUI | Ascending cup model scenarioIn the analysis of the previous posts, we identified an upward trend followed by an inverse head and shoulders pattern.
🔰 Currently, in the daily and weekly time, it seems to have formed a cup pattern, which is currently also formed, which in case of support in the specified points and the failure of the red box will have the ability to grow up to the specified areas. Therefore, for the entry trigger, you can wait for the failure of the supply area, after which you can buy if it is confirmed and pulled back to the area.
⚠️ In addition, if the box loses the specified green color, it can invalidate this scenario.
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AUDUSDI have analyzed the AUDUSD market and noticed a significant increase due to recent news. The US dollar has weakened, causing the Australian dollar to rise in value, particularly in regards to gold. This is because the Australian dollar is closely linked to gold, and we can expect further growth. It's advisable to wait for a price correction to the support level before entering into a purchase deal. Good luck!
USDCHFAccording to my analysis, USDCHF is experiencing a significant decline today due to the weakness of the US dollar. The release of some negative news has further worsened the situation for the dollar. In light of this, I suggest taking advantage of the opportunity by selling. However, it is advisable to wait until the resistance level corrects before making the sell deal. Wishing you good luck in your trading.
USOILBased on my analysis of the USOIL market, it seems that the trend is still strong and there is a consistent demand for buying. In order to avoid losing your money, I would recommend focusing on buying deals only. You should wait for the price to return to the support level, and even if it reverses, you should still consider buying. Remember to always follow the trend and good luck with your investments.
Alikze → GAL | Failing supply areaIn the time frame D1, it is moving in a medium-term ascending channel. Due to reaching the supply zone that is breaking, it can continue to climb after the pullback to the next supply zone. In the lower time frame with 2.64 support and in the daily time frame with 2.34 support, it will be able to reach the specified targets. In the future, if the behavior and structure of the post changes, it will be updated.
🟩Sup: 2.34 - 2.64
⛳️Tp 1:3.51
⛳️ Tp2 : 4.55
⛳️ Tp3 : 11.95
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Alikze »» MDT | Wave 3 or C bullish scenarioIn the weekly time, it is moving in an ascending channel, which after a complex correction at the bottom of the B wave channel has completed the correction, and now the current motivational wave will have the ability to reach the specified goals. Also, it is currently in the middle of the channel, which will be accessible with support of 0.12 targets. Also, a break below the trading area will be a reversal and the chart should be re-examined. If the behavior and structure of the post changes, it will be updated.
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Alikze »»SUSHI | Pullback to dynamic trigger is brokenAccording to now, after the break of the pre-resistance range and the dynamic trigger, it can now touch the suggested areas after the pullback to the area. Therefore, if the specified range will have a green box and a dynamic trigger as a color role to achieve the specified goals. But if the range of the green box is broken, this analysis will be invalid and the alternative scenario should be checked and the post updated.
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Alikze »» KLAY | Pullback to dynamic trigger is brokenIn the 1W time, a complex correction and confirmation of the 0.1077 floor broke the dynamic trigger, which, if fixed above, will have the ability to grow to the specified areas. Considering the momentum in the weekly time and the failure of the trigger with a Marabouzo candle, it shows the strength of the buyer to continue the trend, which can experience at least 50% to 150% growth.
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Support lines in $NVDAMy view of NASDAQ:NVDA support lines.
When looking at the support lines in NASDAQ:NVDA , I think of them in three tiers of defence:
The first line of defence: If the market holds this line, it's likely just a minor correction in the overall trend. In this case, it's recommended to buy the dip.
The second line of defence: If the market holds this line, it may take a bit longer for the correction to occur, but it's still considered a minor correction. Again, buying the dip is recommended.
The third line of defence: This is the last line of support. If the market breaks this line, it's a sign that the trend is changing. For those who follow Elliott wave theory, this would mean that a 5 waves impulse up is done. For other technical analysts, stage 3 has begun.
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Legal Disclaimer: The information presented in this analysis is solely for informational and educational purposes only and does not serve as financial advice.
Alikze → HBAR| Swing failureIn time W1, D1 is breaking after 649 days with the construction of three valleys, finally the supply area created by a candle. Therefore, with this failure, in the event of a pullback to the specified area, which is the range of 0.098, it will have the ability to grow to the next supply area.
🟩Sup: 0.098
⛳️Tp 1:0.1580 - 0.1710
⛳️ Tp2 : 0.2200 - 0.2440
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Alikze → INJ | Making a return patternAccording to the previous analysis, it continued to grow after leaving the density to the supply area. Currently, after a correction in the support zone, it seems to be building a reversal pattern. If it maintains the green box range and 34.40 again, it can retest the supply zone once again. In the long term, D1 is completing wave 4 of correction. Due to the complexities of this wave, one should wait for the supply range to be broken, which will have the ability to grow up to $71, which should be examined in its own time, and currently up to When this correction is not completed, you should expect the continuation of the route after the supply zone of the major ceiling. However, with the touch of the first supply area with the support of $37.5, it will have the ability to grow to the next supply area.
Note: If the green box area breaks down, it will experience a triple correction to the lower green box area.
🟩Sup:The green box area is 34.40
⛳️Tp 1:38.35 - 39
⛳️ Tp2 :43.80
⛳️ Tp3 :46.90
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