Silver is showing us a perfect impulsive wave in accordance to Elliott Wave Theory. The basic principle of an impulse wave is as follows: Impulse waves = 5 waves Wave 1 - is made up of 5 subwaves (impulse) Wave 2 - Is a corrective wave made up of 3 waves (correction) Wave 3 - is another impulse wave made up of 5 subwaves (impulse) Wave 4 - is a corrective wave...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 PEPE has been overall bullish , trading within the rising broadening wedge pattern in green. Currently, PEPE is undergoing a correction phase and it is currently approaching the lower bound of the wedge. Moreover, it is retesting massive demand zone marked in red. 🏹 ...
Detailed Analysis of #ETHUSDT Time Frame: 1 Day (1D) Overview ETH/USDT has recently broken out of a falling wedge pattern, a bullish reversal pattern. This breakout indicates the potential for a substantial price increase, with an expected bullish move of up to 40% in the coming days. Key Elements Falling Wedge Pattern: The falling wedge pattern is characterized...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 After breaking below the last major low marked in red at $84.5, OIL has been overall bearish , trading within the rising channel in blue. 📈 For the bulls to regain control, a break above the last major high marked in blue is needed. 📚 Meanwhile, OIL would be bearish...
Detailed Analysis of #SAGAUSDT Time Frame: 10 Hours (10H) Overview SAGA/USDT has recently broken out of a falling wedge pattern, which is a bullish reversal pattern. This breakout indicates the potential for a substantial price increase, with an expected bullish move of up to 60% in the coming days. Key Technical Elements Falling Wedge Pattern: The falling wedge...
Gold has just set a new all-time high, as investor demand across the entire market skyrocketed due to growing confidence that the US will cut interest rates this year. Gold bullion increased 1.1%, reaching $2,440.59/oz early in the Asian session, surpassing the previous record set in April. This price increase is said to be due to traders becoming increasingly...
Detailed Analysis of #UNIUSDT Time Frame: 1 Day (1D) Overview UNI/USDT has recently experienced a decending triangle pattern breakout and is currently positioned at a major support level. These conditions suggest a potential bullish move of up to 60% in the coming days. Key Elements decending trinagle Pattern: The continuation pattern that forms after a strong...
The general trend is upward, but according to the structure of a TB position
Hello everyone, Brian here! After a sharp rise on Wednesday, the EUR/USD pair struggled to maintain its momentum and modestly closed lower on Thursday. By Friday, the pair stabilized around the 1.0850 mark and began the new week showing some recovery, hovering around 1.088. On the 4-hour chart, EUR/USD continues to display encouraging signs for buyers. The price...
Gold continues its recovery, building on last Friday's gains, with prices now orbiting around $2442 USD, up more than $27 at the time of writing. The long-term outlook remains bullish, eyeing the $2500 USD record target. However, in the short term, gold might need to adjust and pull back. Currently, the charts suggest that gold is peaking, and I anticipate a...
EURUSD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short EURUSD Entry - 1.0867 Sl - 1.0916 Tp - 1.0779 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
World gold prices (XAU/USD) skyrocketed this morning, reaching 2,440 USD/ounce before retreating again at around 08:10 Vietnam time. In the absence of information at the beginning of the week and expectations that were almost completely reflected last week, gold prices seem to be reacting with some new momentum. Kitco News' latest weekly gold survey results show...
Hello traders! ‼️ This is my perspective on GOLD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look only for long position. My point of interest is if price makes a retracement to fill the imbalance and then rejects from trendline. Like, comment and subscribe to be in touch with my content!
Hello everyone, it's Brian! As we kick off the new week, gold continues its sharp ascent. Currently, the precious metal is trading around $2438 USD, up nearly 1% for the day. Gold's bullish outlook remains favored and highly regarded, especially after successfully converting the $2380 resistance level into new support. With no signs of peaking just yet, the...
My dear subscribers, My technical analysis for GOLD is below: The price is coiling around a solid key level - 2414.7 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 2381.7 My Stop Loss - 2437.5 About Used Indicators: By the very...
pepe after correction can go to last bullish order block i draw a low risk position be careful if break down this order block we again try to analyze
The USD/JPY pair has been trading in positive territory for the third consecutive day, hovering around 155.80 during the early Asian session on Monday. The decline in this currency pair has been supported by weaker-than-expected GDP data from Japan for the first quarter. However, it has not yet broken out of the consolidation pattern evident on the analysis...
My dear friends, Please, find my technical outlook for BTCUSD below: The instrument tests an important psychological level 66930 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 64056 Recommended Stop Loss - 69001 About Used...