GOLD XAUUSD NEXT WEEK July 15-19.Here is the market outlook on Gold (XAUUSD) for next week from 15th to 19th of July. It is a clear projection of what is mostly likely to happen on Gold next week.
ANALYSIS.
In monthly timeframe the July candlestick has opened with a stronger bullish momentum following the support of the news this week. But since it is just the beginning of the month, therefore sentiment may change in the future.
In weekly timeframe the idea of three wave swing to the upside remains the same, and currently the correction has completed therefore price is expected to create another three wave swing to the upside.
In daily timeframe the triangle ideas introduced last weekend has remained true followed by a clear five wave move to the upside. The the fifth wave is expected to end within the horizontal resistance presented above the current price level.
In four hour timeframe there is a clear five wave move to the upside as explained in daily timeframe. Price is forming the five wave move in an expanding channel. We have to expect price to complete the fifth wave within the horizontal resistance presented in this timeframe.
PRIMARY PROJECTION.
Watch for buy opportunities after correction of the current five wave move to the upside. But short term sells can be taken when price show signs of correction around the 2430 or 2450 levels.
Wave Analysis
Bitcoin Is Trading At The Support As Stocks PullsbackHey traders
I this video I will take look at NVIDIA which I think it can be moving into a correction and can possibly be headed down for deeper prices. So if today major stocks indicies will have second red day in a row, then possibly next week there can be more risk-off. In such case I think its better to wait on any long ideas on cryptos (short-term), and wait on much better timing for potential long entires, which can be maybe after summer, or during elections when normal markets tend to be in bull run. Additionally, any rate cut later this year can be alos supportive for stocks and other assets.
When I look at bitcoin, I think that 50k is very good potential support; if it gets there.
Have a nice weekend.
Grega
EURUSD and DXY Analysis! What To Expect From US CPI Data? What To Expect From US CPI Data? EURUSD and DXY Fundamental and Technical Analysis
In this video I will explain the possible scenarios related to EURUSD and DXY ahead of US CPI data.
Very complex scenarios lie ahead as the market is not reacting as well as before to economic data.
📺You may watch the video for further details📺
Thank you and Good Luck!
GBPAUD UPSIDE - Week update - I have been away on holiday, but it is lovely to come back and see that my previous ideas have done what I am expecting it to do, the pair is upside and now I am simply following the movements its making and seeing where it takes me, using the asian session strategy and the Elliot wave strategy.
SUGAR/USD Short, GBP/CAD Short and GBP/CHF LongSUGAR/USD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
GBP/CAD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it, or reduced risk entry on the break of it.
GBP/CHF Long
Minimum entry requirements:
• Tap into area of value.
• 1H impulse up above area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/CAD Long, GBP/CAD Short and USD/CHF ShortNZD/CAD Long
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
GBP/CAD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• • If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CHF Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
AUDUSD: How To Trade And Understand a New Bullish Trend?How To Trade And Understand a New Bullish Trend?
AUD/USD Real-Time Example
In this video, I will explain how the price changes the trend and the targets you can use to take profits. For this purpose I will use AUDUSD as a real time example
AUD/USD confirmed a bullish move two months ago and may be poised to go higher soon.
📺You may watch the video for further details📺
Thank you and Good Luck!
Previous analysis:
BTC: High Probability of 60600 and Can go Down to 51800Hi Everyone! We currently still have Bearish Divergence in the 2-Week time frame with Red Line currently at Magenta Upper Level 60 Within Phoenix Ascending. The current price of the Magenta Upper B-Band within Bad Ass B-Bands is $60,600. So, we have a high probability of continuing down to proximity of $60,600 over the next 6-Days and 22-hours remaining in the 2-Week time frame from this writing.
Here is the 2-Week time frame:
Here is a MACRO View using the 5-Week time frame: I have placed Vertical Time Lines along with Trend Lines and text bubbles to point out how we identify Bullish Divergence and Bearish Divergence.
2023 to 2025 MACRO Accumulation Schematic:
I will not begin to use the chart below on a regular basis until we see a 3-Day candle CLOSE "above" $73,000:
NASDAQ 100 Index Video Publication for MACRO AnalysisHi Everyone! I wanted to take the time to provide a video publication to provide a bit more explanation of what I intend to convey in my previous chart publication before I get back to work on my house this morning.
I know I have been away for a while. That is because I've been updating and remodeling my house to prepare it to sale. I still have at least another 6 weeks of work remaining on the inside and outside of my house before I get back to providing analysis and trading full time again.
Here is a screenshot of the 6-Week (left) and 8-Week (right):
Bitcoin ALL-TIME-HIGH is STILL COMING: Here's WhyA hint... the RSI.
The RSI is one of those reliable old-timers, especially useful in higher timeframes to determine longer period price action, such as near term and long term.
Together with Elliot Wave Theory, I'm going to present to you an argument for why Bitcoin is STILL BULLISH and what my strategy/expectation is for the coming weeks. I'll also share key metrics to watch and do regular updates should the conditions mentioned in the video be met.
Although I am short term bearish, I remain longer term bullish, making it really impossible to label this post as solely "short" or "long".
Cheers to the Top10%'ers 🥂
__________________________
BINANCE:BTCUSDT
AUD/JPY Short and GBP/AUD LongAUD/JPY Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/AUD Long
Minimum entry requirements:
• Break below area of value.
• 1H impulse up above area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
BRIEFING Week #27: Further Pulling the ElasticHere's your weekly update ! Brought to you each weekend with years of track-record history..
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
GOLD XAUUSD ANALYSIS NEXT WEEK July 8-12.Here is the market outlook on Gold (XAUUSD) for next week from 8th to 12 of July. It is a clear projection of what is mostly likely to happen on Gold next week.
ANALYSIS.
In monthly timeframe the July candlestick has opened with a stronger bullish momentum following the support of the news this week. But since it is just the beginning of the month, therefore sentiment may change in the future.
In weekly timeframe the idea of three wave swing to the upside remains the same, and currently the correction has completed therefore price is expected to create another three wave swing to the upside.
In daily timeframe the triangle ideas introduced last weekend has remained true followed by a clear five wave move to the upside. The the fifth wave is expected to end within the horizontal resistance presented above the current price level.
In four hour timeframe there is a clear five wave move to the upside as explained in daily timeframe. Price is moving with a horizontal resistance level. There is signs of beginning of fading out of the buying momentum in this timeframe.
PRIMARY PROJRCTION.
Watch for buy opportunities after correction of the current five wave move to the upside. But short term sells can be taken when price show signs of correction around the 2400 level.
SECONDARY PROJEXTION.
Watch or sell opportunities when price rise to the level of around 2430.
GME CRYPTO SMCI NFLX Video UpdatessLearn how to read price!
Learn where the key areas are
Learn good risk reward
Take notes on how FOMO and Euphoria behave, feel, and trade like
Learn what tight tight tight looks and behaves like both up and down
Learn the difference between CORRECTION and REVERSAL!
Shorting is for the elite of elite Navy Seal Snipers!
BTC UPDATEThe Market is currently in a keyzone area. Let's see what will happen in the upcoming days.
Disclaimer:
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