Dailyanalysis
GBPJPY Forcast Testing 21-EMAGBPJPY regained above 155 on the strong pound sterling. GBPUSD surged more than 100 pips from a minor bottom 1.32714 despite the cautious market mood. Markets eye Russia and Ukraine peace talks for further direction. The intraday trend of GBPJPY is bullish as long as support 154 holds.
DISCLAIMER: ((trade based on your own decision ))
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GBP/AUD: Elliot Wave Analysis ExplainedGreat Britain Pound forming an Elliot Wave Analysis.
In the past, As I look, we forming an ABC pattern correction and then, we forming this Elliot Wave Cycle. Maybe, this it's just my idea and decision own. We could to entry in the phase #4 of this cycle, In this phase, we need to watch a short movement to the bull reversal before to continue down.
But applying this strategy of demand and resistance, Great Britain Pound need to move to the $1.8510 CAD approx to forming this phase #4 of this Elliot Wave Cycle. Right now, we develop this zone of demand around $1.8384 CAD
Guys I hope that this idea support you so much!!!
MY THOUGHTS ON USD/CADIn my analysis of USD/CAD on the DAILY CHART, This currency pair is currently Ranging from price $1.27863 to $1.26646. On the lower time frames, price may continue to move to the area of resistance of $1.27863 and down to $1.26646. Looking at the Monthly chart price was retracing as it hit the area of resistance. Price may turn around and continue moving Bearishly to continue the Bearish trend creating a lower low. CAPITALCOM:USDCAD
ETH/USD: bullish flag, price action and divergenceEthereum forming a bullish flag in that key zone of $2,750 USD approx. i see that price action show us a buy signal in that zone and RSI forming a tripple bottom divergence and combining with price action. So, Ethereum can to go up.
But more interesting if that looking in Daily timeframe, we forming a bearish channel in H4 timeframe that we can to see better. But we're in the point that as we formed before ABC pattern in weekly timeframe, but in Daily timframe I look a bearish elliot wave cycle that came from November 2021.
And now, this it's what I mean, Ethereum forming this bullish channel and the points required are confirmed that we're into this pattern, what it's mean a bullish reversal. So, in theory, if Ethereum break up this pattern, We count to the phase #2 of this Elliot Wave Analysis in my first screenshot here.
Remember, Elliot Wave Analysis are track to know what happen in the market in long, medium as short term. But apply the technical analysis, I wil take my decision how the market it's moving
BTC/USD: Elliot Wave Analysis IIAt the moment, based in what I see...
Bitcoin still in the bearish movement that it's leading to the $30k bottom support and important demand zone.
In weekly timeframe, I found out that Bitcoin could to forming this Bearish Elliot Wave Impulse. But that it's not all
But enfocous in Daily timeframe, I see that Bitcoin ending this ABC bullish pattern and right now, it's open up a new bearish Elliot Wave Impulse toward a bearish movement to $30k in couple days.
That it's all my information based of the study Elliot Wave Analysis.!!!
I hope that this quickly and easy analysis support you very well
XAUUSD (GOLD) 4H ChartTechnical:
The near–term support is around $1840, violation below targets $1830/$1818. Significant reversal only below $1750.The yellow metal faces strong resistance of $1880, any violation above will take to the next level $1900/$1912/1925 is possible.
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BTC/USD: My possible next movement This it's just my idea, but as today, Federal Reserve want to tightening their monetary policy in U.S. economy, as also, FED could to start the process of rates
The Consumer Price Index print may offer new indications about the pace of the Federal Reserve's monetary tightening, and investors are bracing for higher-than expected numbers that would signal more aggressive rate hikes.
As yesterday, I post this sentence to share with my followers in Twitter that I believe that FED could to offer a new tracks that it's signal U.S. economy could to entry in the strengthen and recover in the market. That could to affect the rest of financial market and deep impact of this news.
So, technically, Bitcoin climb to up in the past days, but right now, we forming 2 doji of indecision and we coudl to forming an imbalance in that higher zone, if Bitcoin closed up with another weakness of Doji, so, Bitcoin could to drop to $40,700 USD. But in that point, we could to look if Bitcoin forming a possible Shoulder Head Shoulder or will continue drop in based the news that come from Forex market, but more influenced in the U.S. Dollar.
GOLD Sell Trade OpportunityGOLD Sell Trade Opportunity
Gold was running on channel area and it was break the support on 27 January and has retest short term Resistance level many times, Overall market is Bearish trend we are expecting it that will not break resistance level. If strong sell Candle Made on Monday H4 time frame so it will be very good Sell Opportunity
'Always Use with Stop Loss'
BTC Daily, You Need To Know This!BTC Daily looking very good so far.
This large volume candle is giving me confidence in the move. We will need to see PA close a Daily candle outside the trendline to get confirmation to start looking for short term spot/long trades.
If we close outside the trendline tonight I will start posting some setups for you guys to keep an eye on.
I will be paying close attention to these daily and particularly the weekly OB's as they will determine the continuation or reversal of future BTC price.
EMAWhen the candles are above the 200 EMA INDICATOR(LONG) you should look only for buy positions (Entry). Same thing goes to the sell positions(SHORT) When the candles are below the 200 EMA INDICATOR you should look only for sell entries (SHORT) . Easy cash🤑🤑🤑🤑
Bullshit shoot using volume and 200 EMA CLOSEDWhen the candles are above the 200 EMA INDICATOR(LONG) you should look only for buy positions (Entry). Same thing goes to the sell positions(SHORT) When the candles are below the 200 EMA INDICATOR you should look only for sell entries (SHORT) . Easy cash🤑🤑🤑🤑
BTC Weekly VS DailyWe are in a weekly upward channel and a daily downward channel.
The downtrend channel and the 40K range, which are almost in the same range, can be a strong resistance for Bitcoin, and if corrected from this area, the price could drop to 34,000.
In the case of a weekly bullish channel, the price of bitcoin can fall in the range of 29K-30K.
If Price can break 40K-41K area, the price can rise to 46K area.
BTC Daily A Weak Move?Hey guys,
BTC Daily is not really selling me on this oversold daily bounce, Volume is (has so far) dropping off sharply and we are nearing a upper trendline resistance.
Cipher B is telling us that Money Flow is still thick in the red, RSI is just coming up to 40 (Down trends it ranges between 30-50 a lot), and STOCHASTIC is Oversold at 95 so I am not convinced we are breaking through just yet.
If we take a look at the momentum waves we printed a large anchor wave, but I would like to see 2 things from here.
1. Money Flow (MF) shifting towards the zeroline.
2. A trigger wave forming with a green dot below the zero line.
As of now. I am still looking for a dip back down with either a lower low or a double bottom before we break out of this falling wedge.
Not Financial advice, Just my Opinion.
But you guys shouldn't be trading unless you know what you are doing.
Take care crypto family.