GOLD → Price is susceptible to manipulation. Correction?FX:XAUUSD amid high risks of tariff wars and high inflation reaches a new ATH and trend resistance, but due to manipulation by politicians there is a possibility of a small correction.
Gold price is consolidating above $2,800 after an all-time high of $2,831, awaiting US employment data and Fed speeches. Volatility increased amid manipulations about Trump's tariff policy: first they set tariffs, then a few hours later they cancel them. In a word, “politicians”. Gold is going into correction after a false breakout of resistance of the ascending channel and on the news about temporary suspension of tariff increase by the USA. Overall gold is holding its ground as the Fed remains cautious on rate cuts.
Resistance levels: 2817, 2830
Support levels: 2811, 2801, 2790
If the price breaks 2811 and consolidates below this area, we should expect a correction to 2800 - 2790 in the short term, there is no hint of a trend change, growth may continue from the key support areas.
Regards R. Linda!
Fibonacci
Bitcoin Dominance: Elliott Wave and Harmonics Combo (Part 2)MARKETSCOM:BITCOIN Dominance ( #BTC.D / CRYPTOCAP:BTC.D ) indeed started the rise I predicted back in late '22. CRYPTOCAP:BTC rose to the limits, exceeding the 100K Mark.
In #ElliottWave, this is Cycle Wave C (turquoise).
Primary Wave ① (white) completed, with the Corrective Primary Wave ②now in play.
The Correction will pave the way for Alt Season to commence, so the focus will shift to Alt Coins.
#Harmonics are showing #Cypher Patterns, a combo actually, on different degrees.
Bitcoin Dominance ( BTC.D ) Technical Analysis:
* Elliott Wave Impulse: Cycle C (turquoise)
* Harmonic Patterns: Bullish Cyphers
* 88.6% Fibonacci Retracement
* Break-Out with Divergence
* Leading Diagonal in Primary Wave ① (white)
Conclusion:
After a last rise, expecting MARKETSCOM:BITCOIN to top-out and start a Larger Correction.
Alt Season to start and deliver, based on #BTC losing ground.
After this, CRYPTOCAP:BTC to continue ruling, as the one and only #Cryptocurrency.
GBP/AUD: Supply Zone Retest – Sellers Ready?Welcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis !
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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USD/CAD: Market Shifts Bearish – Drop Just StartingWelcome back! Let me know your thoughts in the comments!
** USDCAD Analysis !
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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ACTUSDT → Attempting to change the trend BINANCE:ACTUSDT is trying to move into the realization phase after breaking through the resistance of the bearish wedge, a pattern capable of changing trends
After a prolonged downtrend, the coin has found a bottom in the 0.1500 area and yesterday's bitcoin recovery was a bullish driver for ACT. The market is pretty much confirmed manipulation by the US government and will have to come to terms with that.
Technically, the focus is on 0.21400 support. The key pattern to wait for is a false break of the support followed by a consolidation above the level and the start of an upside move. This would be a characteristic bullish maneuver that could lead to local strengthening.
Resistance levels: 0.26800, 0.35120
Support levels: 0.21420, 0.1500
For a trend change, the coin needs not only to consolidate above the support, but also to overcome the resistance at 0.26800. The altcoin market is weak, so there should be strong confirmations to open positions in one direction or another.
Regards R. Linda!
NQ Power Range Report with FIB Ext - 2/4/2025 SessionCME_MINI:NQH2025
- PR High: 21600.00
- PR Low: 21553.50
- NZ Spread: 104.0
Key scheduled economic events:
10:00 | JOLTs Job Openings
Weekend gap quickly filled through previous session
- Strong Asian hour value decline retracing >50%
- 21200 to 21000 inventory still showing strong "support"
Session Open Stats (As of 12:35 AM 2/4)
- Weekend Gap: -1.72% (filled)
- Gap 10/30/23 +0.47%
- Session Open ATR: 431.53
- Volume: 42K
- Open Int: 259K
- Trend Grade: Bull
- From BA ATH: -4.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Key Levels for EURUSDYesterday, EURUSD managed to recover and reached resistance at 1,0350.
Now, the important question is whether we’ll see another decline or a higher low followed by a new bullish move.
The significant fluctuations from yesterday will shape the next price movements.
At the current levels, there is no clear reason to enter a trade.
Consider looking at JPY pairs for potential opportunities with good risk-to-reward ratios!
Gold Retracement started and will stop on order blockHello Traders!
As gold dropped from 2830 and now trading between 2812-2813 this drop is genuine and valid till 2772-2773 because there i found strong liquidity, order block, FVG and also parallel channel's trendline support.
so gold should do this move which is very real and genuine for a bullish trend continuity.
Support: 2801-2796
Resistance: 2830.600
Order Block: 2771-2778
Fair Value Gap:2778-2779
Golden Zone of Fib: 2794-2801
we will trade in small time frame with some other confirmations like morning star or any bullish engulfing candle with proper stop loss below order block and liquidity zones
if you like my analysis kindly boost my idea and follow me
Solana Wave Analysis – 3 February 2025
- Solana reversed from the support zone
- Likely to rise to the resistance level 220.00
Solana cryptocurrency recently reversed up from the support zone located between the pivotal support level 180.000 (which has been reversing the price from the middle of December), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from August.
The upward reversal from this support zone will likely form the daily Japanese candlesticks reversal pattern Hammer (strong buy signal for Solana – if the price closes today near the current levels.
Given the clear daily uptrend, the Solana cryptocurrency can be expected to rise to the next resistance level, 220.00 (former support from January).
NZDJPY BULLISH POTENTIAL Harmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
US Banks Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
US Banks Stock Quote
- Double Formation
* (Continuation Argument)) | Uptrend Feature | Subdivision 1
* (Open Trade)) | Entry Survey & Bias Perspective
- Triple Formation
* ABC Flat Condition | Subdivision 2
* Numbered Retracement | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Bitcoin $10K Swings Elliott and Key SR Zones. If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Bitcoin has continued to stay volitile, posting two more $10K+ daily moves. The market has been highly news reactive, with significant swings in both directions.
After testing $93K, price held and has since moved back to the $102K area, a level that has been a key point of interest. The focus now is on whether this level will play as resistance for the wave 3 and return to the 99k area for possible base before continuation or if further retracement is needed before the next move.
Wave 4 Development
From an Elliott Wave perspective, a potential wave 4 retracement is in play, with $99K- GETTEX:98K acting as a key support zone. Holding above this range could set the stage for another leg up. So staying vigilant for a corrective pattern above or to this level.
Key Levels to Watch
$102K and $99K – Significant areas for market structure.
$106K – A level that remains on the radar for further upside.
Long positions from $105.6K and $93.8K provide some flexibility to observe price action and adjust accordingly.
The market remains dynamic, and adapting to real-time developments is key. As price action unfolds, the focus will be on whether key levels hold and what signals and patterns emerge for the next move.
Trade safe, trade smart, trade clarity.
GOLD → The trend is not broken, gold could go even higherFX:XAUUSD continues to strengthen after a small correction. There is a zone of interest ahead and the price may form a correction to the support before it starts to storm ATH
Gold is rising due to the growing risks on the background of the tariff war started by Trump. Despite the risks posed by the US residents as well, he is willing to continue to do so. In addition, his comment about the Fed, “The Fed made the right decision last week to hold off on cutting rates” gave aggressive support to the dollar, but that didn't break gold, which is heading for the highs. The trend is not broken and interest in the metal due to growing risks is also growing. The focus is on US and Chinese economic data as well as Fed statements.
Technically, the support in the form of the previous ATH - 2790 plays a key role and gold may test this area once again before continuing its growth. But, in the short term, it is worth keeping an eye on 2800.
Support levels: 2795, 2790
Resistance levels: 2802, 2808
There may be a small correction from 2802 or from 0.7-0.79 fibo before the price decides to storm this area again to consolidate above the support before rising further.
Regards R. Linda!
USDCHF → The bullish trend may get its continuationFX:USDCHF is entering the realization phase after a prolonged correction. A favorable background is created by the uptrend and rising dollar...
The technical outlook on the daily timeframe is very good. The price after breaking the trend resistance tested the previously broken line. The currency pair after the false breakout managed to consolidate above the key point, marking an interim bottom and further prospects.
Technically, the focus is on the resistance at 0.911, if the bulls can overcome this area and consolidate above this level, the currency pair will be able to realize a rise to 0.918 - 0.93.
Resistance levels: 0.911
Support levels: 0.90555
Before breaking the resistance, the currency pair could test 0.90555 due to the liquidity generated below this area. But, the trigger that can provoke further growth is 0.911
Regards R. Linda!
GBPUSD → What are the chances of a fall after a FB?FX:GBPUSD is testing the resistance of the downtrend, but the price does not have the strength to go beyond this range. Ahead of the news that can strengthen the downward movement....
On D1, the price is also forming a false breakdown, but relatively important level, thus confirming that the price is still in the selling zone. Ahead is the Fed rate meeting, where the interest rate is likely to remain at the same level. But the most important thing will be Powell's speech. If the official's tone is hawkish, which is the most likely scenario at the moment, the dollar will get support, which may negatively affect the GBP.
Technically, the strongest moves occur after false breakouts.
Resistance levels: 1.24887
Support levels: 1.2414, 2.2377
A retest of the trend resistance ends with a false breakout and consolidation of prices below the line... A break of the support at 1.2414 will trigger further selling. If there is no unexpected news, the currency pair may fall to 1.224
Regards R. Linda!