The AUDCAD pair is currently exhibiting a Bearish Harmonic Pattern (XABCD), with Point D anticipated to act as a Potential Reversal Zone (PRZ). This analysis aims to identify strategic entry and exit points based on the confluence of multiple technical indicators. Key Technical Indicators Potential Reversal Zone (PRZ): Point D aligns with a significant Key...
✍️ NOVA hello everyone, Let's comment on gold price next week from 5/20 - 5/24/2024 🔥 World situation: Speculation about the Federal Reserve potentially lowering rates in 2024 resurfaced, but Fed officials remain cautious and emphasize that one positive inflation reading is not sufficient. Market expectations for a rate cut decreased slightly, according to...
Hi Realistic Traders, let's delve into the technical analysis of NYSE:BABA ! On the weekly chart, BABA is making some exciting moves! It's broken out of a falling wedge pattern, forming a bullish candlestick with a long wick right on the EMA 34 line. But what really caught our eye? The significant volume spike, more than double the average. Now, why does this...
Here we have another Cryptocurrency trading pair that is exhausted on the bullish side; a classic irregular correction is now in the making with the end of wave b coming in now. As wave b is completed, the start of wave c opens the doors for a SHORT. ➖ The signal here comes from the volume. Notice how trading volume is much lower now compared to March while a...
This will be our final public post The collapse of modern society and capitalism has begun We must focus on preparation May you all be safe
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The gold price (XAU/USD) surged to a new high of nearly $2,441 during Monday's Asian session due to expectations of interest rate cuts by the US Federal Reserve and escalating tensions in the Middle East. Both Russia and Ukraine engaged in attacks against each other over the weekend, further boosting...
XAUUSD today price has reached a new high of 2440. If the price cannot break through this level, It is expected that in the short term there is a chance that the price will go down. Consider selling the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
hello welcome back . new week start lets analysis gold for this week . last week gold was bullish and buyers were strong .market made an ascending channel and broke 2400 level and also descending channel in weekly time frame market made a side way range for a few weeks now price reach to the top of the channel and strong resistance i expect a good reaction to this...
Dear traders! On the price chart EURUSD broke the classic bearish wedge structure and reached 1.0867 below the key resistance zone at 1.0900. However, the very strong uptrend seems to be well supported by the 2 EMA 34.89 on almost every time frame and above the key breakout area at 1.0800 which the bulls are holding on to with the aim of strengthening....
Hello dear friends! Let's explore the price action of gold after the recent days of major fluctuations! Regarding developments and results last week: the international gold market received a lot of economic information from major economies such as the US, China, and Europe. In particular, the US announced producer price index data. (PPI) and consumer price index...
Hi folks today I'm prepared for you Euro analytics. Some time ago price declined to the trend line and then at once rebounded and rose to support 2, which coincided with the support zone. Some time price traded in this area and later finally broke the support level, after which made a small movement up and then started to decline. After the price declined to...
The price perfectly fulfills my last idea. It has tanked and reached the target zone, and now the market is ranging after the new upward extension. FX:GBPCAD has broken through the resistance and is moving sideways just below the significant round number of 1.73000. I expect a classic breakout retest continuation scenario to play out. On the daily timeframe, the...
Dear Traders, We have two possible buying opportunites on SHIBUSDT price is currently accumulating and if price do not decide to manipulate then we can see strong price rebound from current price region. However, if price manipulate then we can see it going down to our second entry there we have imbalance zone which will filled and can see strong bullish...
It appears that Xrp is still following the same trendlines. The convergence is delayed and clearly this could be a last ditched effort in making people sell their treasured Xrp bags. Whatever you do... don't give up and hodl that little bit longer. Xrp is still trending upwards in these lows and we can see where it's headed. Time is running out for the...
Our short trade is still in progress. However, here is a new short trade idea. The probability of the price to move lower now is higher than before. The price is still trading at daily resistance DR1. I have updated the resistance zone. The price is likely to head towards daily support DS1 and that is the target of our this trade idea as wll as the previous one....
i personally think that the price should hit 1.05750-1.05000 before it goes up to 1.15000 so here is my idea: this massive upward movement is a wave C of a flat correction. this c takes form of a motive wave (impulse), it's a trap for e.w trader that will assume that this is the new trend upward
Expected Price Movement: After rejecting the upper channel line, there’s an expectation for a short correction. The target for this correction is around 1.08059 which is the next support level also this level aligns with the lower line of the channel. Resistance levels 1.08950-1.09150 Support levels 1.08100-1.07950