Heres my rough idea of the BTC movement. I see the current pattern making an end diagonal and a clear Higher High and Lower High, so I kinda positive that the BTC might continue to make a new time high, following the recent supply zone.
apparently the market does not strong enough to break the current channel, and move uptrend as a correction.
Since the daily chart already breaks the current trend, I think this pair would go uptrend and make an inverted Head and Shoulder. If you have another insight of this pair, your feedback or discussions would be appreciated!
Here is my rough idea of the shortterm movement of XAU/USD . I publish here so that later I can evaluate is there any mistake I've made. Anyone who happens to encounter this post, please kindly share your feedback or thoughts! Thanks #PriceAction
Here is my rough idea of the shortterm movement of XAU/USD. I publish here so that later I can evaluate is there any mistake I've made. Anyone who happens to encounter this post, please kindly share your feedback or thoughts! Thanks #PriceAction
Here is my insight based on my understanding of Elliot Wave and Basic Price Action. I still learning and posting it so I could evaluate if I were mistaken.
I don't know what's issue has been around recently, but, the graph still shows downtrend continuity. I pulled my assumption based on the previous Supply and Demand zone, also with fibbonacci retracement. #PriceAction
This market currently on a strong rally downtrend, of which to the two probabilities of demand zone #PriceAction
after made 3 similar patterns, it will continue to fall, approximately to the point I set. Back to basic with #PriceAction
thank god both of my forecasts were successful. Will post it again tomorrow! Back to the basic with #PriceAction
my forecast was on the spot! For tomorrow and forth, I probably will post every day! Back to basic with #priceaction
Here's my rough idea for XAU/USD in 1H TF, based on price action