Summary: Btc is inside Wave 4. has the opportunity to form an Irregular Correction before continue strengthening to the resistance target. Momentum indicators are pointing downward in neutral area Momentum: The momentum indicator is pointing down in the neutral area, indicating that Bitcoin has the potential to weaken temporarily to form Wave 4 before...
when the new moon occurs, there is an 80% chance that there will be a reversal in gold, I expect the price to go down and form a Head n shoulder pattern which is expected to go very far.
gold forms an ascending triangle pattern, the decision of the price of gold will return to rise or reversal will soon occur. scenario 1: Buy limit on support: 2750.405 TP 1: 60 pips TP 2: 120 pips SL: 30 pips scenario 2: buy on breakout: 2753.900 TP: 90 pips SL: 45 pips
it seems that gold is still going up don't counter trend, no price is too high or too low. #descending triangle pattern. #Buy on FVG, fib 0.618 Entry: 2756.010 SL: 50 pips TP: 150 pips
The Effect of Sun in Capricorn on Gold (21st December - 30 Days Forward) Historically, when the Sun transitions into Capricorn, gold exhibits a 90% probability of bullish movement within the following 30 days. Key Observations: 1. Seasonal Bullish Pattern The Sun in Capricorn often marks a period of increased demand or positive sentiment for gold, driving...
From the big timeframe gold looks to break the trendline and try to retest the trendline and continue its rise. but I know very well the characteristics of gold especially on Friday when it happens like this, the breakout occurs on Friday, it is more likely for gold to make a fakeout, so from my analysis I chose to sell. SL: 2660.693 TP 1: 2638.918 (+2) TP 2:...
NZDCAD appears to be heading downward to form wave 5 after a price rebound on its upper trendline and is expected to target its support level. SL: 0.83200 (70 Pips) TP: 0.80750 (+2.5)
BTC has formed a rising wedge pattern following an increase and a rejection at its resistance. BTC is expected to decline temporarily before breaking through the resistance. The breakout has already been confirmed. TP: 96300 (+2) SL: 99112
On smaller timeframes, BTC is forming a pennant pattern. Judging from the strong selling pressure like this, it seems BTC will likely continue to decline, aiming for its strongest support at 91,000.
After a significant decline, BTC has the potential to rebound. Once the Head and Shoulders (HnS) target is reached — with the full length of the Head already achieved — there is potential for a Reversal by Support (RbS) in this area, as previous price corrections occurred multiple times at this level.
1. Pattern Formation: - XRP is forming a descending triangle or a bearish pennant. This pattern often signals a potential continuation of the downtrend, especially if there is a breakout to the downside. - The pattern emerged after a significant price rally, which is typically a consolidation phase before the prevailing trend resumes. 2. Support and...
Gold has formed a pennant pattern and appears to have broken out of the pattern with a relatively large candlestick volume. The pennant pattern emerged following a sharp decline after several days of upward movement—like climbing with stairs and descending with an Lift. On the larger timeframe, there is potential for a Head and Shoulders pattern to...
Solana Break The Falling Wedge Buy Range 230-225 SL: 212 TP: 265
1. Ascending Triangle Formation: - BTC has formed an Ascending Triangle, signaling bullish momentum as it approaches the critical resistance zone labeled as the "100k Gate." - A breakout above this level could pave the way for significant upside movement. 2. AB=CD Pattern Validation : - The AB=CD pattern projects a short-term target at $107,500,...
XRP create Pennant Pattern Buy on breakout Stop loss at previous low, Tp at target pole SL: 2.5777 TP: 3.1777
BNB create Pennant Pattern with perfect 5 wave Stop loss at previous low, Tp at target pole SL: 645 TP: 691
USDCHF is seen showing resistance to the support Become Resistance, and also coincides with Fibonacci 0.618 and 1,618. The potential price to fall is very strong. In addition to the main trend of bearish, and the existence of FVG below, accompanied by Stochastic Divergence Tp: 0.88536 (+3) SL: 0.89336 (20 pips)
Overall, the price in the bearish trend. We predict that prices will continue to decline. Support on small timeframes that have been break coupled with retest at this time, increasing the possibility of further bearish movement. TP: 155.430 (+2) S: 158.430 (100 pips)