Fractal
DOGS price is preparing for growth?The white candlesticks on SEED_ALEXDRAYM_SHORTINTEREST1:DOGS price chart depict the previous fractal movement of the #NOTUSDT price.
For OKX:DOGSUSDT price to repeat this path, it needs to break through the trend line and gain a foothold above $0.00075 in the coming days.
If this condition is met, then the purchase zone of $0.00075 - $0.00081 will be available for several days before the real pump begins.
Follow the development of this idea so as not to miss the chance.
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USDJPY 10/11/24💡
Outlook: USDJPY is showed a very good impulse correction on the 5hr time frame. We now scale down to the 30m time frame and I want to see price make a impulse above the 10/20emas to show conviction and then a correction so that then I can scale down to the 5m time frame.
Bias: Bullish but needs to show conviction on the 30m time frame.
XAUUSD 10/11/24💡
Outlook: Gold is looking really good on the 5hr time frame, I wanna see price correct into the 10 and 20emas for me to scale down to my 30m time frame and look for an impulse correction. Maybe we get that in NY session before closing the week!
Bias: Bullish but needs to correct on the 5hr time frame!
USDCAD 1:7 RR trade idea The dollar index almost hit a 2 year low but the price reversed only half a percent higher from the said level. After CPI news, the dollar ended its bullish streak, after touching the highs of 2020. For that reason the USDCAD, which has just finished its second bullish leg by the Elliot Wave theory(6 bullish days in a row). Currently looking for a second correction, to what quarterly VWAP high indicates. Looking for a 7% short trade setup(1% risk) targeting 1.365(Quarterly VWAP + 0.382 retarcement) for 100 pips.
This analysis is taught and provided by Fractals Trading Community.
Trade safely and expect the unexpected,
Mei
CRUDE OIL SHOWING STRENGTH EXPANDING TRIANGLE CORRECTIONSCrude Oil corrections!
N.B!
- USOIL price might not follow drawn lines . Actual price movement may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#usoil
#crudeoil
#wti
#brentoil
SOL forecasts SOL/USD Technical Analysis 🌐💹
1. Key Resistance Levels:
- $260: A major resistance zone. The price has struggled at this level before, and it may act as a significant barrier again in the near future. 🚧
- $290: The next potential resistance target after breaking through $260. If SOL breaks above $260, this level could serve as the next upward target. 🎯
- $220: An intermediate resistance level between $122 and $260. This could be the first major hurdle for any upward movement. 📈
2. Key Support Levels:
- $122: A strong support area that has held up well in previous price movements. If SOL faces downward pressure, this could be a key level to watch. 🛡️
- $77.81: Another crucial support zone that could prevent further declines if the price drops below $122. 🔑
- $27.06: The final strong support zone; this level is critical as the last defense before a potential significant drop. 📉
3. Potential Scenarios:
- Bullish Case: If the price breaks through the $220 resistance, a move toward $260 and then potentially $290 could follow. A strong breakout above $290 would signal a major uptrend. 🚀
- Bearish Case: If the price fails to hold above $122, SOL could drop toward $77.81, with the $27.06 level acting as a crucial floor if bearish momentum continues. 🔻
Overall, the price is currently consolidating around $140.68, and traders should watch for breakouts or breakdowns from these key levels to determine the next major move.
BTC 10/9/24💡
Outlook: Bitcoin has showed bullishness on the Daily and created a impulse range. the 5hr has showed conviction and impulse above the 10 and 20 ema showing bullishness and has then showed a correction but still above the impulse low. I want to see price show an impulse above the 10 and 20 on the 5hr for me to scale down to the 30m time frame.
Bias: Bullish but I want to see price break above the 10/20emas on the 5hr.
USOIL 10/9/24💡
Outlook: USOIL has made big correction on our 5hr time frame inside this Daily range. To me this is a re-accumulation since we have take out a swing low on the 5hr time frame. But price has shown bullishness and protected lows behind price. I would like to see price impulse above EMAs and show conviction for me to be interested in longs.
Bias: Neutral. sidelined until we start showing conviction on our 5hr time frames above the EMAS.
XAUUSD 10/8/24💡
Outlook: Gold has been breaking bearish inside this Daily impulse range on our 5hr time frame and is below the EMAs. In order for me to look for longs I want to see price on the 5hr time frame to show an impulse above the EMAs and break a previous high that is showing supply. I want price then to correct into the 10 and 20 EMAs so that I am able to scale down to the 30m time frame, Until then I am waiting for the 5hr to align with our Daily time frame.
Bias: Neutral, Gold needs time to show conviction on our 5hr time frame to sync with our Daily and Weekly. WAITING.
US30 10/8/24💡
Outlook: US30 is definitely a bit behind compared to NAS100. I would personally wait for price to show conviction above the 10 and 20emas on the 5hr time frame and wait and then scale down to the 30m time fram and wait for price to correct into the 10/20emas. Until then I am sitting on the sidelines when it comes to this index. US30 NEEDS TIME
Bias: Neutral, needs time to show conviction and get above the emas. Maybe London session can show some conviction.
NAS100 10/8/24💹
Outlook: NAS showed some bullishness for NY session this morning. I am looking for price to correct a bit further into the 10 and 20 emas. Before scaling down into the 30m time frame. Price looks like its going to possibly do that for London session before NY so we will see then.
Bias: Bullish, waiting for the 5hr time frame to correct into the 10, and 20emas before scaling down into my 30m validation time frame.
NAS100💹
Outlook: Starting with the Daily we have been accumulating and breaking bullish on our Daily time frame. Price has started to Re-accumulate below the 10 and 20 ema showing a valid correction on the Daily. Scaling down to our 5hr time frame NAS100 has been breaking above the 10ema and 20ema and showed a valid impulse last week on Friday. However, price is currently over extended on the 5hr and need to see a valid correction into the 10ema and 20ema before scaling down to my 30m time frame.
Bias: Bullish but needs to re-accumulate and correct this week before continuing.