Falling wedge pattern forms in an overall bullish trend. As we can see on H4 chart of the Gold Usd pair, We have a classic falling wedge forming. Breakout of this falling wedge will push gold prices higher with initial targets of 2340 - 2375 and final target of the psychological level 2400. Confirmation of the targets will come after an H4 close and retest of...
Hello fellow traders, I'd like to share an uodate on the Elliott wave analysis I've conducted on the weekly timeframe, initially shared at wave 3 - updated at wave 4 and now between wave 5. Additionally, I've calculated the target using the Fibonacci retracement tool, specifically incorporating the levels of Wave 1 and Wave 3, which aligns with the 61.8%...
Hello fellow traders, I'd like to share an Elliott wave analysis I've conducted on the weekly timeframe, focusing on a potential trading opportunity with a target of 2190. Currently, we find ourselves at the completion of Wave 4, which is projected to be within the range of 1986-1980. Let's break down the analysis further: Wave 1: We observed a bullish move...
Hello Traders. So as discussed in the previous idea - I was looking for shorts in the 2021-2027 area. So here at 2027 I take a short position with sl at 2030 and targets at 2022 - 2018 - 2014. Good Luck Everyone and Happy trading
Hello fellow traders. Here is My weekly analysis and price predictions for the upcoming week. First of we should keep in mind that this will be a dull week on the Fundamental front except for some important data releases on Thursday. Hence we can assume on good authority that the market will move based on Technical more than the fundamental. As You can see on...
We broke out of a beautiful symmetrical triangle and the price is not retesting upper channel - Great opportunities
Wait for breakout confirmation and take positions - Bullish Sentiment is strong but if turns bearish, We will be prepared for that too. Have a good day and dont take it as FA
With the Coinbase listing news, doge has finally broken through the resistance on 4h and is all set to test ATH. If history is something that repeats itself, previous coinbase listing experience tells us we might hit ATH before the listing. Technically Great - Fundamentally Even better