GOLD - near to his most expensive region? What's next??#GOLD... Well guys market placed 2531 around as his ATH.
And according to technical point of view from 2531 to 2535 is market strong resistance zone.
So holding of that means ATH is placed for now so far and drop expected from here.
Only only selling will be invalidate above that region otherwise not.
Stay sharp
Good luck
Trade wisely
Tradingpatterns
Breakout Alert: KSM Surges as Falling Wedge Pattern Shatters!🚨 NYSE:KSM is breaking out of a Falling Wedge pattern on the 1D chart, which is typically a bullish reversal signal.
📈 Entry Point: $20.00 to $22.00
🎯 Targets:
$26.93
$33.75
$49.80
$64.13
🔄 Trading Options: NYSE:KSM is available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $18.00.
📊 About NYSE:KSM :
KSM (Kusama) is a scalable, multichain network for radical innovation in the blockchain space. It serves as a testing ground for Polkadot, offering developers the opportunity to experiment and fine-tune their projects before deploying them on Polkadot’s main network.
📢 DYOR, NFA
GBPUSD... Most expensive area of the month? Next??#GBPUSD... Market just reached at his most expensive area of the month and that is 1.2960
It's the area that is holding so many times in history you can check in week and day chart as well.
Keep close that level guys because it can change the pound next price action and overall chart point of view.
Don't hold your short above that area.
Good luck
Trade wisely
USOIL.. at most expensive area? What's next??#USOIL.. well market again near to his most expensive area around 72
As you can see a massive holding of this area is history and now again market at this level.
Guys it will be market most expensive breakage if breaks and holding means again upside momentum can be possible .
But cut n reverse keep in hand.
Good luck
Trade wisely
USDJPY.. at major support? What's next??#USDJPY.. market just near to his major supporting levels.
That is around 144.60 to 146 figures around 30 50 pips region is supporting region.
Market should hold it for create again upside volume.
If market hold that region in that case you can see a bounce from here otherwise not ..
Only below 144.60 can be invalidate buying otherwise not at all.
Good luck
Trade wisely
GOLD - at his ultimate resistance, holding or not??#GOLD.. so far perfect move as per our analysis, and now market at his ultimate resistance area that is around 2479 to 2484 around 5 points.
that region can change the scenarios of gold.
keep close it because if market it in that case you can see a drop towards your further downside areas that's are mentioned.
but keep in mind above resistance region keep cut n reverse in hand.
good luck
trade wisely
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone,
Another piptastic day on the charts with our trading idea playing out perfectly!!
After completing all the open targets yesterday, we advised that we were now looking for ema5 to lock above 2459 to open 2475 and failure to lock above this level will follow with a rejection to find support on the lower Goldturns.
- We got the cross and lock above 2459 opening 2475 with plenty of time and gap to get in for the action and BOOOOOM!!! This was hit perfectly respecting the Goldturn.
We will now look for ema5 to cross and lock above 2475 to open 2488 and potentially 2500 or failure to lock above this level will follow with a rejection into the lower Goldturn support levels for bounces.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2434 - DONE
EMA5 CROSS AND LOCK ABOVE 2434 WILL OPEN THE FOLLOWING BULLISH TARGET
2446 - DONE
2459 - DONE
EMA5 CROSS AND LOCK ABOVE 2459 WILL OPEN THE FOLLOWING BULLISH TARGET
2475 - DONE
BEARISH TARGETS
2421
EMA5 CROSS AND LOCK BELOW 2421 WILL OPEN THE FOLLOWING BEARISH TARGET
2408
2396
EMA5 CROSS AND LOCK BELOW 2396 WILL OPEN THE SWING RANGE
SWING RANGE
2380 - 2360
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
BTCUSDT.. at most expensive support, hold or not??#BTCUSDT.. well guys market at his most expensive supporting area around 58k
Keep close that region in yellow that will be your area.
As you can see market holding this area from last sessions.
If market clear that level then further drop expected towards our next areas.
Good luck
Trade wisely
GOLD.. reached at resistance? What's next??#GOLD... well guys market perfectly moved as per our analysis and now market at his most important resistance area that is from 2427 to 2431 around.
Means that 3 or 4 points region can change the story.
Because if market clear that area means it will again enter in your channel and then it can move up to channel top again. But it will happen only above your resistance zone.
Keep close that region because I'd market hold it then again drop expected from here.
Good luck
Trade wisely
Intel - Is this for real?NASDAQ:INTC created a top formation and is dropping hashly ever since - be careful!
Click image above to see detailed analysis
Catching falling knifes will go wrong 9 out of 10 times and you will cut yourself very badly. Just in a couple of months, Intel is down about -65% and is not slowing down at all. This honestly seems like the possibility of bankruptcy is not that far away and investors and trader should be extra careful. We have support coming soon, but the question is: will it stabilize price?
Levels to watch: $18
Keep your long term vision,
Philip - BasicTrading
GOLD - very expensive area, will hold or not??#GOLD... Market perfect moved as per our video analysis in yesterday.
Guys keep in mind and note that area or region is one n single that 2372 73 around.
Keep close that area because that's the that can change the overall scnerio.
Only holding of that level means you can see anytime bounce in gold price.
But in case market clear that level then scene will change at immediately basis.
So CUT N REVERSE keep in hand only below 2372 73..
Don't be lazy here
Good luck
Trade wisely
GOLD - at his one n only support, hold or not??#GOLD.. after Friday sell off market now at his one n only supporting area that is 2437 around .
Keep close that area because if market hold in that case you can see again bounce from here otherwise not at all.
Only short below that support.
Keep close it and don't be lazy here .
Good luck
Trade wisely
EUR/USD Trade Setup on 4-Hour TimeframeEUR/USD has formed a descending channel on the 4-hour timeframe, characterized by lower lows and lower highs following a strong breakout.
currently waiting for a retest of the broken lower high structure level, which is also aligning with the Fibonacci retracement level.
Once price has reached this level we will scale down to the lower timeframe of 30 mins to find our entry based on candlesticks patterns
USDJPY - at historical support? What's next??#USDJPY.. important data from Bank of Japan in today and pair on his one of the most important supporting area 152 around.
So many times BOJ intervision here in history.
Keep close 152 only on confirmation below that means cut n reverse otherwise not at all.
Good luck
Trade wisely
GOLD - ultimate resistance? What's next??#GOLD.. market just reached back to his supporting trend line neck line.
Its market one n only area for ultimate resistance.
Keep close it guys that is 2410 11 around
Holding of that area can leads you towards again supporting levels otherwise not at all.
One thing is keep in mind that above that area will be your cutt n reverse on confirmation.
Good luck
Trade wisely
Conservative idea for SamGreetings,
Dear friends, I hope you are well and have a week full of successful and profitable transactions.
My analytical view:
What is more likely is that the structure and micro-degree of the waves in the first and third waves indicate that there is one wave degree left to complete the impulse pattern.
As for the fourth wave pattern that has happened so far, it is a double zigzag pattern, and it is also a diagonal pattern, which is also an extended zigzag correction. It is expected that after crossing the price of wave B, the mentioned zigzag pattern will witness price action. Breaking out of the correction channel shows a stronger confirmation of the completion of the fifth wave.
However, I also consider the possibility that the fifth wave has completed to a greater degree than the third wave and is currently completing a fourth wave to a greater degree. Another zigzag pattern may occur, and we will see a sideways correction pattern in the future. Short-term bearishness for the multiple zigzag pattern is also expected; however, the bullish market will continue to complete an impulse pattern on a larger daily basis.
Note: I am an analyst in the world of principle wave, who has entered the fourth year of my work experience, and I am developing an analytical idea. In financial markets, there is no 100% certainty due to the complexity of different patterns that can change. However, I do my best to back up every analysis I share with you guys with everything I've learned so far.
A brief explanation of the three fundamental laws of the wave principle:
1. The second wave should never go beyond the beginning of the first wave.
2. The third wave should never be the shortest wave between waves 1, 3, and 5.
3. The fourth wave must never enter the territory of the first wave.
Ralph Nelson Elliott was the founder of this theory, and when asked about his view of the market, he always referred to five waves in the direction of a larger trend and three waves against the direction it was taking. After completing an eight-wave cycle, a larger cycle is formed in the future, simply.
May his memory be cherished, and may his soul rest in the shelter of God Almighty and the eternal world.
I am attaching the analysis of this market that I shared with you earlier to this current analysis.
The last word of my analysis text is repetitive, except to explain the current analysis because I also trade in the financial markets and I am active in my social networks, and I work hard to improve my skills in analysis and trading to reach my goal.
I apologize for repeating the text.
I welcome suggestions and criticisms, and I will respond, but a logical reason is important to me.
Thank you for taking the time to review my analysis.
First of all, I wish good health and success to all my dear friends and colleagues.
Mr. Nobody