$BTCUSD #Bitcoin 53k Might be Looming..Current zone on BITSTAMP:BTCUSD has been holding quite well last few days, gives us some confidence of trying out 53k 1 more time.
#AHMEDMESBAH
Quarterly
Big Picture $EURUSD What's next?FX_IDC:EURUSD Monthly is showing a retest to a broken massive channel, these setups usually take months to play out.
Primary target is 1.16
Follow for more setups...
#AHMEDMESBAH
#BA [Boeing Company] [W1] A Breakout or?NYSE:BA Has recently tested the weekly demand zone around 212. The stock been in a downtrend since March 21. Having looked at the broken descending channel, do you think we are having a breakout? Next few weeks will tell. Price last week has reacted to the lower wedge of the main channel that was created back in May 20 and the very long respected wedge that been extended since July 2007. This is a significant zone for this stock to react to the upside targetting a price around 290 : 300.
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#AHMEDMESBAH
$SPX #SPX500 [D1] Is targetting 5000TVC:SPX Trend's is solid and has just broke through a minor resistance. A retest back to 4644 is applicable to make its way to next target around 4730. Where we should see some slowness or even a decent correction. Any close above 4741 is a buy to target next level +4900.
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#AHMEDMESBAH
$CMCSA [Long]"Comcast Corporation" Price is now retesting..NASDAQ:CMCSA Is now retesting a broken channel, ranging between 51.50 and 49.85. Any price action below this price range will create more odds to the downside.
A close below 47.80 will void the setup.
#AHMEDMESBAH
$DISH Is Approaching a significant ZoneNASDAQ:DISH Is approaching a very important crossroad. Watch out from November!
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$LYFT Is on Crossroads...Awaiting NASDAQ:LYFT next earnings on November 2nd. Technicals show a potential of a breakdown to target 35 before year end, however that mainly depends on next earnings report.
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$SGDJPY [D1] 90% Short : 10% Long Odds.FX_IDC:SGDJPY Is approaching a significant level around the 1 year Supply zone alongside the upper wedge of a channel that has been extending since March 20. Odds to short side as a correction, however, the uptrend remains solid.
#AHMEDMESBAH
$AUDCAD [W1] Is Testing a Key Level! FX_IDC:AUDCAD Weekly!
Looking for a short consering current key levels and the annually supply zone.
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CADCHF Forming Double Bottoms at all time lows.Higher Time Frames shaping up for a possible long position.
> Quarterly chart has hammer reversal inside bar at all time lows
> Monthly deceleration, bullish macd
> Weekly forming double bottom. Waiting to see some deceleration/ candle reversals. Forming bull macd.
> Daily about to hit recent all time lows. Will wait and look for deceleration, price action ( mini double bottom, false breakout to downside then bullish momentum, ..ect), and candle reversals.
> Target 1 - Weekly 0.618 Fibonacci. Also is 0.618 Fibonacci extension.
> Target 2 - Daily/Weekly recent highs & resistance zone.
At this point price can continue lower with the bearish trend, but has potential for bullish run if the right conditions form as stated above. Also Weekly price could breakdown lower then recent lows, decelerate and reverse to the upside, forming a quarterly low-test for Q3.
Q4 UPDATE - XAUUSD Elliott Wave ForecastEvening all,
A quick update on Gold and the fourth wave is still in progress. As mentioned in the linked idea, I'm expecting the corrective sequence to continue into December and print a new quarterly low with the Horizontal support level at 1800-1765 providing some confluence.
I will be looking to take swing positions once this low is in as we are likely to get a sideways correctional C wave to a lesser degree before an impulse into the fifth.
Will provide further counts and price levels once we're into the final wave of this leg. You're most welcome to follow for further updates.
Happy trading,
Beyond Edge
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only.
Do not trade or speculate based solely on the information provided. Trust your own analysis.
Beyond Edge
Short Term Short, Long Term Long? Haha!- Please see link to my previous idea for XAGUSD -
I'm looking at the prospect of silver ranging in the 19.000 - 20.000 level towards the end of Q4. Providing it can stay inside the trend channel, price should look to move back towards the top line.
Quick impulses upwards would indicate a bullish breakout and a move back up to test the 2020 high.
Do leave a comment if this idea caught your attention. I'm keen to hear your thoughts and as always, a like to show your support is much appreciated.
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only.
Do not trade or speculate based solely on the information provided.
Trust your own analysis.
Beyond Edge
