Black Friday saleUp to 70% OFF

30minchart

EW - Bitcoin, correction in the price expected, PROFIT!4rth Wave in down direction: The projection of A flat correction (W), (X), and (Y) zigzag pattern of Elliott Wave. Expected A, B, and C correction after the 5th minor sub-wave. Suppose, the price can travel for primary(C) wave(red color) then, 29480 extremely ready for the target. (INCASE OF THIS IS LONGER CORRECTION, THEN THE PRICE TAKE CREATE NEW HIGHER HIGH THEN FALL WILL START) You can also look at my previous expected move which was not accurately correct but Gartley Harmonic pattern has given me a huge amount of profit. Let me show you here.
BITSTAMP:BTCUSD
by Trade-Technique
126
Text Book Head and Shoulders on Gold - appears negated, for nowJust looking at the charts, and some thoughts. Tomorrow is the last FED meeting of 2020, gold traders will probably be adjusting last minute over the next twenty or so hours. That Head and Shoulders can come right back into play if traders and institutions don't like what they read or hear. Should gold go back below 1800, it might be time to consider the gold trade dead for the next month and change. On the other hand, a sustained and well-defended move back above 1880 would put Gold back on the trajectory to a target of 2000 or above. Goldman Sachs updated their target for 2021 as 2300 which seems reasonable if buyers continue to buy. Chinese Lunar New Year approaches on Friday, February 12, 2021 (year of the Ox apparently), which might signal additional buy pressure as February approaches, and traders might start front running that trade soonish. Also the holiday factor is kicking in. If no big surprises from the FED, we have only the news for clues as to what 2021 brings for PMs and for the markets as a whole. Eyeballing the RSI on my chart seems to show bullish divergence on the 30 minute chart, and apparent on the daily chart as well. Staying neutral, mildly bullish with the retaking of 1850 today. Not adding, just watching. A brief from Marketwatch on what to expect going into the meeting: www.marketwatch.com Tomorrow will probably be the last trading day of any significance unless Stimulus Talks Drama manifests once more. My thoughts, they have probably agreed on a strategy to keep things calm as we end out the year, even if there are major disagreements. We can all use the rest if that is the case.
FX:XAUUSDLong
by JJMa
350+ Pip Short to The Downside Before Rise to $20K?Back at it again! Whats going on??... I found a few intraday setups within the 1HR & 30m Time-frame. I decided to focus in more on the 30 minute because it just looked better honestly... lol Price created a clean zone roughly in between $19,250 & $19,175. It's currently breaking under that zone, and I expect a retest & fall to occur. Two major areas of profit for Bitcoin is $18,900 & $18,775. Which are significant Psych levels. Because of the recent close under 2 of my Moving Averages, I don't think this analysis will be invalidated. Even though i'm sensing bearish movement, it still aligns with my recent bullish weekly analysis of Bitcoin. Leave a like if you agree with my Analysis Leave a comment if you're trading BTCUSD this week Stay Safe! -Mr.Pipzz
BITSTAMP:BTCUSDShort
by lobfxempire