it seems that Toncoin has a special interest in the neutral triangle and constantly forms this pattern in the chart. Currently, we seem to be in wave f of (D) neutral triangle, and after reaching the price of 7.361, we will see a price correction to $6, and then Toncoin's price growth will begin. I have a special interest in Toncoin and I think it will shine a...
In this scenario, gold has completed a reverse triangle pattern and is ready to grow. This scenario is confirmed if the price can cross the beginning of wave (c) in less time than the formation time of wave (c).
Scenario 1: Gold is forming a diametric bow tie pattern and we are currently in wave (e) of this pattern. The diametric pattern can end at $2200 and then we expect the price to rise above $2400.
It seems that the market is forming a diametric pattern that we are currently in wave (D) and it is not yet completed. Wave (D) will probably be a neutral triangle pattern, wave d of this triangle is almost over, but it can move up to $2206 and end. It seems that 2024 will be a good year for gold and those interested in it . Good Luck
Nifty 50 seems to be forming a diametric pattern which is targeting 20708. Currently wave (e) is being completed and after that we have to wait for a decrease of almost 2% in the form of wave f and the upward trend of Nifty 50 will start again.
It seems that Bitcoin will not behave like it used to and we should continue to see the price drop. Bitcoin seems to be in the process of completing the elongated flat pattern and is currently in wave C. This pattern indicates that the future correction of Bitcoin will be a triangle.
The EURUSD chart in the weekly time frame seems to show a diametrical pattern, which is currently completing wave (E). Considering that the wave (E) itself is a diametrical one, probably more time should be passed before the movement of the wave (F) starts. If the price crosses the resistance of 1.24369, the analysis is no longer valid
After the sharp drop in price on Thursday and Wednesday, gold was able to return half of that downward wave, and it seems that in the short term we should wait for the formation of a triangle pattern with the target of $1946-1947.
Currently, the price is in the 4th ending diagonal wave in the form of a diametrical pattern, so we should be ready to start the wave (g). After that, the price will probably go down again to 0.85912 to complete the ending diagonal pattern.
Ethereum seems to be in a diametrical diamond pattern where wave D has now ended and wave E has begun. Considering this scenario, we should continue to witness the fall of this currency
I apologize, the labeling of wave (3) was wrong in the previous analysis and I published the analysis again In the weekly time, a diagonal ending was completed and after the 5th wave, we had a impulse wave from 1.03803. Currently, it seems that we are in wave 4 of wave (3) of the impulse pattern and we expect that after the time correction of wave 4, we will...
Now, in continuation of the serial analysis of gold that I did from April 10 until today, I must say that after the recent correction, gold seems to have completed its wave A and we should expect an upward jump in the form of wave B. If the price exceeds 61.8% of wave A, we have to slightly change the details of the analysis and we have to wait for the market to...
In the weekly time, a diagonal ending was completed and after the 5th wave, we had a impulse wave from 1.03803. Currently, it seems that we are in wave 4 of wave (3) of the impulse pattern and we expect that after the time correction of wave 4, we will have an upward movement in the form of wave 5 and wave (3) of the larger pattern will be completed. If the...
According to the previous analysis as well as the analysis of the dollar index that I posted, gold is completing a diagonal and we should wait for a correction in gold and then the continuation of the upward trend. Long-term analysis 10 april : Analysis of gold after reaching the price target of 1617$:
In the previous analysis, which was placed in the weekly time frame, we said that it seems that the upward trend of the dollar index continues. In the 1-hour timeframe, it seems that an Elongated Flat pattern is forming and we are currently in wave C. This pattern shows that we are probably facing a triangle in the future and the correction of this indicator can...
From my point of view, DXY is forming an extended wave 5 momentum pattern. We are currently in the last wave of this pattern. When we go down one time frame, we see that the recent correction is an Elongated flat, which when this pattern comes at the beginning of a correction, it warns us that the upcoming correction will probably be a triangle. For this reason,...
It seems that the last impulse wave started from the extended wave 3 pattern in gold. Gold needs to rest after its recent growth, and after correction to the specified range, it can continue to grow When the price reaches the specified range, we will complete our purchases
On April 10, we put a long-term analysis of gold at the price of 1946 dollars, which I will put the link below this analysis and you can see it, and the price target of the analysis was 1617 dollars, which was reached once. It seems that the price will touch $1,617 once again in the form of a diagonal ending pattern, and after that, the big 5 wave of gold will...