The NZD/USD pair is approaching a key resistance zone at 0.5990–0.5977, which has been tested multiple times and aligns with the upper boundary of a potential corrective structure. 🔹 Elliott Wave Context: The price action appears to be completing a corrective wave (C) structure, indicating that upside momentum may be limited. This scenario suggests a potential...
The TRUMP/USD pair is consolidating near the strong horizontal support zone at 12.45–12.15, aligning with the 61.8% Fibonacci retracement of the previous bullish leg. 🔹 Key Levels & Scenario: Support zone: 12.45–12.15 – price has repeatedly tested and held this area Upside targets: 50% retracement at 14.096 78.6% retracement at 15.134 The pair is showing...
Bitcoin continues to trade within a well-defined ascending channel on the weekly timeframe. After a healthy corrective phase, price action is rebounding strongly off the channel’s lower boundary, aligning with the ongoing long-term bullish trend. 🔹 Wave Structure and Fibonacci Extensions: The corrective structure suggests a completed ABC pattern, with the...
Ethereum is maintaining a strong bullish structure within a clearly defined ascending channel. Recent price action shows a successful retest of the lower channel boundary and the horizontal support zone around 2477 – 2450. 🔹 Support & Trendline Confluence: The support zone at 2477–2450 is aligned with the lower boundary of the rising channel. Multiple...
TRON (TRX) is showing a bullish continuation structure within an ascending channel, following a breakout from a falling wedge pattern. Currently, the price is consolidating inside a small bullish pennant, indicating a potential breakout to the upside. If this breakout materializes, it could trigger a rally toward the Fibonacci extension levels. 📌 Key...
This chart shows a clear Bullish AB=CD pattern forming on the daily timeframe of XAUUSD (Gold Spot). In this setup: The CD leg equals AB in both length and time symmetry, forming a classic AB=CD structure. The pattern completes in the Potential Reversal Zone (PRZ) between 3142 and 3172, where: The CD leg extends to 113% of AB at 3172.58 A confluence of...
Bitcoin is currently testing a critical resistance zone between 107,150 and 107,800, which has previously acted as a strong supply area. For the bullish trend to continue, we need to see a daily close above this resistance range. Until a confirmed breakout occurs, the price is vulnerable to a pullback toward the rising trendline, which has been supporting the...
The EUR/USD pair is showing a strong bullish setup supported by multiple confluences: 🔹 Inverse Head & Shoulders Pattern A clean inverse head and shoulders formation has completed near the 1.1225–1.1207 support zone. This structure typically signals a reversal to the upside and has been confirmed with neckline breakout. 🔹 Breakout from Falling Channel The...
🔍 Technical Breakdown: Gold has respected the key demand zone at 2,911 – 2,916, forming a strong base for a potential bullish continuation. The recent correction followed a complex wave pattern, completing an ABCDE structure before bouncing. The price is now moving towards the 161.8% Fibonacci extension at 2,992, a key upside target. 📊 Momentum Indicators: The...
📉 Bearish Reversal Alert! GBP/USD has formed a Bearish EHNW Pattern, signaling a potential reversal near the 1.26720 – 1.26810 resistance zone. 🔍 Key Technical Insights: Price is approaching the 1.618 Fibonacci extension of the O-X leg, a critical level for pattern completion. The B-point retracement aligns with a 1.414 extension, reinforcing bearish...
This analysis examines the wave structure of AAVE on the 4-hour timeframe. Based on Elliott Wave Theory and Fibonacci levels, the price appears to be in a corrective phase, with key support and resistance zones highlighted. Key Insights: Corrective Wave (ABC): The price has entered a corrective movement in the form of ABC after completing the third bullish...
This analysis examines the price movement of Synthetix Network Token (SNX) on the weekly timeframe. The structure of the waves and key trendlines have been identified to help traders determine entry and exit points. Key Highlights of the Analysis: Strong Support Zone ($1.75–$1.429): The price has recently reacted to a critical support zone between...
In this analysis, we explore the Elliott Wave structure for Ethereum (ETH/USD), highlighting the potential price trajectory in the mid-term. The chart indicates that the market has likely completed Wave 3 and is now entering the corrective phase of Wave 4. Key support levels and possible reversal zones are identified, making this analysis highly valuable for...
Following the realization of the previous analysis (attached to this report) , Bitcoin is currently forming a neutral pattern of an expanding type on the 4-hour time frame. If this scenario is in the process of completion, the final wave movement should not break the $89,925-$88,300 level. As long as this level is not breached, a price rebound and support are...
The chart highlights critical support and resistance levels along with possible price scenarios for Bitcoin (BTC/USD) on the 4-hour timeframe. The combination of technical patterns and momentum indicators offers a roadmap for potential future movements. Key Levels: Resistance at $95,600: The $95,600 level serves as a key resistance point. A breakout above...
This analysis highlights a harmonic pattern forming on Gold Spot (XAU/USD) in the 4-hour timeframe, along with critical support and resistance levels that may guide future price action. Key Levels: Support Zone: 2638–2630 This area represents a strong support zone where price may find buying interest if a pullback occurs. A break below this range could lead...
In this analysis of Solana (SOL/USDT), we dive into the key market structure and Fibonacci retracement levels that could guide the next price movements. The 4-hour timeframe reveals a corrective wave structure with crucial levels to watch, offering an excellent setup for both short-term and long-term traders. Key Insights: Retracement Zone Resistance...
The EUR/USD currency pair has extended its rally for the third consecutive day, trading near the 1.0430 level during Monday’s Asian session. This uptick is primarily driven by remarks from members of the European Central Bank (ECB) Governing Council and expectations of delayed interest rate cuts in the Eurozone. However, the hawkish tone of the Federal Reserve...