DXY (Dollar Index) |Start the upward trend of the DXY 💸Hello traders, The dollar index in 30 minute timeframe is our general uptrend that waves 1, 2 and 3 have completed and now we are inside wave 4, wave 4 was a zigzag wave that completed a and b and the trend for wave c reached the bottom of the channel and can He said that c is over. And this zigzag is shortened to the zigzag type, but it was better that wave c was better to move to the end of wave a, in general we can say we have an upward movement and if it does not break the channel, and if the channel breaks we have to wait Let's pull back and then go down.
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Eliotwave
GOLD (XAUUSD) | The last drop of gold🚩Hello traders, Gold In the half-hour time frame, we drew a rectangle from wave 5 from wave 3 to the 1800 price range, which is an important fibo, now wave 3 is over and we are now inside wave 4 or 5.
Wave 4 is more likely because wave 4 should hit the bottom of the blue canal and then move upwards (it did the same thing I showed with the green circle), of course this is not 100% but it gives us a better structure.
The end of the channel is tangential to the floor of the channel, ie the area where a is equal to c is exactly the intersection of the trend line and the rectangle . This does not happen if the price moves slowly and should be in the form of a pullback with a green trend line or finally Fibo 0.78.
If the previous floor breaks itself (wave 3 peak), we will be sure of this analysis, and we will also make sure that it is wave 5, but if it goes back and forth to wave 3 peak, we will have to re-examine the fine structure to make sure that Wave 2 was not for climbing according to the blue probability in previous analyzes.
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GOLD (XAUUSD) | The last drop of gold🚩Hello traders, Gold In the half-hour time frame, we drew a rectangle from wave 5 from wave 3 to the 1800 price range, which is an important fibo, now wave 3 is over and we are now inside wave 4 or 5.
Wave 4 is more likely because wave 4 should hit the bottom of the blue canal and then move upwards (it did the same thing I showed with the green circle), of course this is not 100% but it gives us a better structure.
The end of the channel is tangential to the floor of the channel, ie the area where a is equal to c is exactly the intersection of the trend line and the rectangle . This does not happen if the price moves slowly and should be in the form of a pullback with a green trend line or finally Fibo 0.78.
If the previous floor breaks itself (wave 3 peak), we will be sure of this analysis, and we will also make sure that it is wave 5, but if it goes back and forth to wave 3 peak, we will have to re-examine the fine structure to make sure that Wave 2 was not for climbing according to the blue probability in previous analyzes.
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GOLD (XAUUSD) | Two great points to enter the downtrend🎯Hello traders, Gold has a resistance level of 1795 in the 1 hour time frame, which if it crosses that area, it will go to the next level (a is equal to c, at the price of 1800, which I specified in the next analysis).
And if it crosses that area, it leaves the channel and the analysis becomes invalid.
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GOLD (XAUUSD) | Two great points to enter the downtrend🎯Hello traders, Gold has a resistance level of 1795 in the 1 hour time frame, which if it crosses that area, it will go to the next level (a is equal to c, at the price of 1800, which I specified in the next analysis).
And if it crosses that area, it leaves the channel and the analysis becomes invalid.
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GOLD (XAUUSD) | The best places to trade🎯Hello traders, At half-time we are now at wave 4, if the 1-hour analysis is correct we can consider this move a complex correction, but I considered the zigzag because of its Fibonacci capability, the Fibo 1.00 C-wave is exactly at 1800 and Fibo 0.38 Wave 4 is exactly in the same area, of course today we had a symmetrical triangle in this area that would have been better to break from the bottom but broke from the top and back, this move can be both a pullback and a trap.
The best entry point for selling is the price crossing the green line, and for buying crossing the price is 1800.
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GOLD (XAUUSD) | The best places to trade🎯Hello traders, At half-time we are now at wave 4, if the 1-hour analysis is correct we can consider this move a complex correction, but I considered the zigzag because of its Fibonacci capability, the Fibo 1.00 C-wave is exactly at 1800 and Fibo 0.38 Wave 4 is exactly in the same area, of course today we had a symmetrical triangle in this area that would have been better to break from the bottom but broke from the top and back, this move can be both a pullback and a trap.
The best entry point for selling is the price crossing the green line, and for buying crossing the price is 1800.
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GOLD (XAUUSD) | End of the downtrend⚠️Hello traders, Gold in 1 hour time, in previous analyzes we had two possibilities (blue probability and orange probability), blue analysis said gold returns from the same range and rises, and orange analysis said that the price returns after hitting the bottom of the red channel and It goes up.
As you can see, gold broke the red channel, but the green channel has not broken yet. If we consider wave 3 as a wide wave, wave 4 will form wave 5 after the price hits the bottom of the green channel. This wave will probably not go more than 0.38 (from the beginning of wave 1 to the end of wave 3).
But if the green channel is broken, this analysis becomes invalid and the blue analysis becomes valid.
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GOLD (XAUUSD) | End of the downtrend⚠️Hello traders, Gold in 1 hour time, in previous analyzes we had two possibilities (blue probability and orange probability), blue analysis said gold returns from the same range and rises, and orange analysis said that the price returns after hitting the bottom of the red channel and It goes up.
As you can see, gold broke the red channel, but the green channel has not broken yet. If we consider wave 3 as a wide wave, wave 4 will form wave 5 after the price hits the bottom of the green channel. This wave will probably not go more than 0.38 (from the beginning of wave 1 to the end of wave 3).
But if the green channel is broken, this analysis becomes invalid and the blue analysis becomes valid.
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DXY (Dollar Index) | The latest wave of correction📉Hello traders, As you can see in the chart, a diagonal triangle is formed in wave a, and now we have to wait for wave b, wave b must eventually move to Fibonacci 0.618, ie the price of 92.069.
If above this range, the counting price should return to the previous analysis scenario, but this scenario has a 90% probability.
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DXY (Dollar Index) | The latest wave of correction📉Hello traders, As you can see in the chart, a diagonal triangle is formed in wave a, and now we have to wait for wave b, wave b must eventually move to Fibonacci 0.618, ie the price of 92.069.
If above this range, the counting price should return to the previous analysis scenario, but this scenario has a 90% probability.
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GOLD (XAUUSD) | Gold is ready to fly🪁Hello traders, Following the analysis before Elliott's point of view, we are in wave 4 correction and wave 1 is complete and is now forming a flat pattern in wave 2.
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[Trade Review]How I traded $PLTR, + TALKS ON EUPHORIA/ LOSSES In this video I will reviewing trades I took on 6/15/2021 which were $PLTR taking a small loss practicing my risk management not a problem since im confident i will make it all back. Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emas, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always! Make sure to leave a comment for feedback about cutting back on the trading review videos let me know guys! Will be making videos on trading phycology due to the euphoria in the market so look out!
What is going on with BTC?I reckon zigzag correction for BTC, which is shaping most Cryptocurrency's patterns.
It is working on the 5th wave of wave b from B. then we have c of wave B and then we get to wave C , which gives us more opportunities to buy.
for me stop- loss is around 38000
Also I am looking to buy between Fibonacci Extension level 0.886 ( 33500 USD)and 1 (21900 USD) (or 1.272!!!! @o@), if I it is possible.
Please keep in mind to monitor the situation and always make decisions based on the approved facts; not predictions!
Please share your ideas about BTC and this analysis.
PS I am not a professional trader. These are not financial advices.
Cheers