⚡️Strifor || GOLD-01/02/2024Preferred direction: BUY
Comment: For gold , we highlight the short-term scenario in long. Metals , especially gold , resisted the pressure of the US dollar best; here the context for growth is, in principle, prepared. There are two main scenarios for growth and all are aimed at updating short-term highs towards the region 2060-2070.
This expected movement will most likely be followed by a downward correction or the formation of a balance for continued growth.
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XAG USD ( Silver / US Dollar)
XAGUSD:UPDATEAccording to the previous analysis: we expected an upward movement for silver. The price was beautifully matched with our climbing scenario. Now the price has managed to break out the descending channel. We are waiting for the stabilization of the price in this range to continue the upward movement
🔔 Wait For The Trigger in BTCUSDT!
Hi my dears
It seems that we are at the beginning of a downward trend in the Cryptocurrency of BTCUSDT. The yellow area that I marked in the picture is the area for collecting orders in the coming weeks. I think we have the potential to reach lower levels.
The black lines that I specified are the support areas in front of Bitcoin, when they are broken, the correction of Bitcoin begins. Wait for Bitcoin to move in the coming days.
what is your opinion? Do you think it is possible?
⚡️Strifor || SILVER-30/01/2024Preferred direction: SELL
Comment: Before the Fed meeting, silver is still considered short, but at the moment there is no entry point. The best option would be to enter through pending orders before the Fed meeting. We highlight two login scenarios. The main one ( scenario №1 ) assumes entry after the formation of a false breakout at the level of 23.32250 . Scenario №2 - involves entering after testing the resistance area at level 24 and then entering short. The target for the fall in both cases is located at the support level 22.66582 , with the potential for movement below.
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⚡️Strifor || NZDUSD-30/01/2024Preferred direction: SELL
Comment: At the beginning of the week, the major currency pairs are showing quite mixed behavior, especially the currencies of the Pacific region. However, the medium-term and immediate prospects are still in favor of the US dollar . Regarding the New Zealand dollar , we expect a fall with a target at the level of 0.66000 . We highlight two main scenarios for ourselves; it is better to use a dynamic set of positions with a common stop-loss .
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Silver H4 | Rising into confluence of Fibo resistanceSilver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 23.286 which is a pullback resistance that aligns with a confluence of Fibonacci levels i.e. the 50.0% retracement and the 61.8% projection.
Stop loss is at 23.730 which is a level that sits above an overlap resistance that aligns with a confluence of Fibonacci levels i.e. the 61.8% retracement and the 78.6% projection.
Take profit is at 22.589 which is a pullback support.
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XAGUSD | Long Setup with Entry PointXAGUSD presents a bullish structure on the daily chart, where the price has bounced off the 0.705 Fibonacci level after entering the demand zone. I now expect the price to experience further growth towards the liquidity zone at the 24.20 level, as the previous liquidity area has already been filled. It is highly likely that the Federal Reserve will keep interest rates unchanged, potentially weakening the dollar and, consequently, leading to new increases in the week for gold, silver, EUR/USD, and GBP/USD.
SILVER Bullish Breakout! Buy!
Hello,Traders!
SILVER was trading below
The falling resistance
But now we are seeing
A bullish breakout so
I am now locally bullish
Bias and I think that we
Will see a further move up
Buy!
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XAGUSD: Neutral on 1D. Use this LH trendline to trade.Silver is on a neutral 1D technical outlook (RSI = 45.485, MACD = -0.282, ADX = 24.810) as despite a straight downtrend since December 22nd 2023, it has registered three successive green 1D candles that pushed the price over the LH trendline of the December 4th 2023 High and the 0.382 Fibonacci retracement level. Technically, if the price stays over the LH trendline, it is a buy as every time it breached the 0.382 Fibonacci level, it rebounded over the 0.5 Fibonacci again (our TP = 23.750), except for September 29th 2023. Consequently if it crosses back under the LH trendline again, we will short and target the long term HL trendline (TP = 21.200).
See how our prior idea has worked out:
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SILVER: Bearish Continuation is Expected! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the SILVER pair price action which suggests a high likelihood of a coming move down.
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SILVER Trendline Resistance BreakHi Traders!
SILVER has broken its trendline resistance on the 1D chart.
Here are the details:
The market has found support around the 21.874 level, which is a previous swing low. Today's candle has opened above the trendline resistance and is currently on the 20 EMA.
We are looking for a close above the trendline resistance and a momentum push above the 20 EMA. The plan here is to buy market dips near the trendline resistance.
Preferred Direction: Buy
Resistance (FLAG CHANNEL): 23.25
Support (FLAG CHANNEL): 21.874
Technical Indicators: 20 EMA
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Trade safely and responsibly.
BluetonaFX
⚡️Strifor || SILVER-26/01/2024Preferred direction: SELL
Comment: According to the previous analysis, at the moment scenario №2 is activated for Silver , aimed at short. Here, we expect an approach to local support at the level of 22.00 . Most likely, in the near future, we will see updates to the local minima data where our current target is located.
It should also be noted that sell-priority is also relevant for Gold , and there the entry point is much more comfortable and the potential for a fall is greater, since our main target for silver was already closed on Monday of this week.
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⚡️Strifor || USDJPY-26/01/2024Preferred direction: BUY
Comment: For the Japanese yen , the buy-priority remains and, according to scenario №2 , we continue to be in long-deal. The main growth target remains at 150 . It is expected that most of the movement towards this target will be realized today, before the start of the weekend.
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⚡️Strifor || EURUSD-25/01/2024Preferred direction: SELL
Comment: The situation with the euro has not changed since our last review. Protracted accumulation continues at the level of 1.09000 . However, we continue to follow sell-priority. According to our later analysis (scenario #1 and #2) we expect a fall to 1.08000 . Also, in the longer term, we can consider a fall to 1.07000.
On Thursday, that is, today a large number of economic events from the EU and the USA are expected. Therefore, most likely today will be decisive and the instrument will finally shoot down, as we expect.
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⚡️Strifor || NZDUSD-24/01/2024Preferred direction: SELL
Comment: In the very near future, the New Zealand dollar is also expected to fall to 0.60144 , which we also wrote in the previous trading idea for this pair. More medium-term prospects look long, but for this, as we wrote, it is necessary to wait for a short-term fall.
The resistance level of 0.61263 is unlikely to be overcome, but such a scenario should not be excluded. The main scenario assumes a fall from approximately current prices.
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⚡️Strifor || AUDUSD-24/01/2024Preferred direction: SELL
Comment: Today, a number of important data are expected to be published. We will be especially interested in data from the USA , which is the most sensitive for the market. We continue to consider the AUDUSD currency pair for sale from the level of 0.65848 . According to the main scenario, sales are already active. The second scenario involves selling after updating local highs in the area of 0.66100 .
The target for the fall is considered to be at the level of 0.65010.
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Three waves up! Three waves down! Bear's scenarioDear Friends,
I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors.
As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market.
I am sharing my analysis with you, but please note that I am not providing any buy or sell signals. I aim to share my unbiased analysis with you so that you can use it as a guide to make informed decisions.
The first analysis is Litecoin
In the attachment, you will find my previous analysis of the same market, so you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily).
I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished.
Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
SILVER Sellers In Panic! BUY!
My dear subscribers,
My technical analysis for SILVER is below:
The price is coiling around a solid key level - 22.619
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 23.050
My Stop Loss -22.400
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK