the FX:GBPUSD pair is currently under intense pressure, and it's just broken through a crucial support level at 1.22800. The charts are revealing an interesting story as our Fibonacci retracement suggests that the next stop might be around 1.1800. What's even more intriguing is that this level coincides with the last major resistance point on the chart. The...
✅Bitcoin has been responding well to my 🟡 Price Reversal Zone(PRZ) 🟡 for the past few days. 🌊According to the theory of Elliott waves , Bitcoin seems to intend to form an Ending Diagonal pattern to complete microwave C of main wave Y . 🔔As a result, I expect Bitcoin to make a new high (slightly above PRZ ) and then start to Fall again. The target of...
🚶♂️Bitcoin is moving in the 🟡 Price Reversal Zone(PRZ) 🟡 and near the Resistance line and 50-SMA(Daily) . 🌊According to Elliott Wave Theory , Bitcoin seems to be completing a Double Three Correction(WXY) . 🔔I expect Microwave C of Wave Y to complete at 🟡 Price Reversal Zone(PRZ) 🟡 and Bitcoin to fall to at least the Support Line . ...
Since it began trendng more than a year ago from July 2022, NFLX has a tentancy to correct back to its rising trendline every 3 to 6 months or so. As at its close @ about 400 yesterday, it has already corrected 50% from it's recent AB swing. Whether it will find support here remains to be seen. Another 5% downside from here would bring it to 380, which is...
Even the Fed's decision and comments failed to inspire crypto investors to move from their entrenched levels. The crypto market capitalisation fell a modest 0.25% on the day, significantly less than the Nasdaq's losses (-1.5%) and more a reflection of the dollar's 0.3% appreciation over the period. In Bitcoin, the sell-off intensifies around the 50-day moving...
Bitcoin is absolutely ready for a massive uptrend to my profit target of 79959 USD! In this analysis, I will tell you why Bitcoin is bullish. First of all, we need to take a look at the weekly candles. The last weekly candle is a bullish engulfing candle. It means that the body of the candle engulfed the previous candle. Strong reversal signal, especially on...
The primary expectation is now that we get an additional corrective leg as a wave (y). The wave (y) should end wave X. This move up should be followed by more downside as a wave Y.
The primary scenario is now calling for a triangle as a wave ((b)). We are still missing the (e) leg before we break down as a wave ((c)).
As forecasted we saw more upside in the FTSE. We now reached areas from where we can start to reverse. It looks like the upward ABC correction is mature.
CME_MINI:NQZ2023 - PR High: 15148.00 - PR Low: 15114.00 - NZ Spread: 75.75 Volume increase following FOMC afternoon Up Next... 08:30 – Initial Jobless Claims - Philadelphia Fed Manufacturing 10:00 – Existing Home Sales Broke daily inventory floor of prev weeks - Continuing to sell into London hours Evening Stats (As of 12:05 AM) - Weekend Gap: N/A -...
Price action will be looking to rebalance the sudden institutional bearish move - which we like to see so we can follow the rebalance. Rebalance at the 61.8% FIB which is a common retracement point
The primary scenario (in green) is now calling for a triangle as a wave (X). We are still missing the E leg before we break down as a wave (Y). The secondary scenario (in red) assumes that wave (X) is in and that we can expect more downside as a wave (Y).
Hi dear friends, hope you are well and welcome to the new update on Alchemy Pay ACH with US Dollar pair. Previously we caught nice trade of ACH as below: Now on a 2-hr time frame, ACH is about to complete a bullish Butterfly move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow...
AMEX:SPY September 21, 2023 15 Minutes. The retracement for 444 levels gave an opportunity to short. And as we had expected 440-438 target achieved. Now again AMEX:SPY had a steep fall from 443.75 to 438.43. So, i will expect a sideways movement today. 441 levels will be crucial today. If i get a R to G at open in five minutes, and close near top of bar, i ma...
Today is last day of trading for the week. There has been news on Wednesday and Thursday so far which has push EU downward. Today we have more news to follow. I typically look for an entry after all news have been release.
Wyckoff Reaccumulation Failed Breakout Variable: FOMC Not Yet Released Re-Entered Structure
Hi dear friends, hope you are well and welcome to the new trade setup of Enzyme (MLN) token with USD pair. Previously we caught a almost 22% pump of MLN as below Now on a 4-hr time frame, MLN has formed a bullish Gartley move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
I Have Tried My Best to Bring the best Possible outcome in this Chart. TP's and everything's you need marked on the chart. In case of this scenario happen PLZ set your SL at first . All important support and resistance's in Short term marked on the chart. It's Not a financial advise. PLZ DYOR With hopping succe