ElliotXSolana

ElliotXSolana Updated 

OANDA:XAUUSD Hello Traders, Here are my thoughts for the coming days/weeks/months, based on the Elliott Wave method: It’s clear that we’ve topped out at wave (3).I anticipate seeing an ABC correction forming within the overall wave A to B. Fibonacci target levels for the smaller wave C can be drawn once wave B is established. My plan is to short at the 78%...

ElliotXSolana

FOREXCOM:XAUUSD We have potentially built our third wave. I will now focus on a bullish movement up to the Fibonacci region between 38.2% and 61.8%. There, we then have another short opportunity down to the fifth wave, where we also have the bullish second wave.

ElliotXSolana

FOREXCOM:XAUUSD We have wonderfully built a 12345 Elliott Wave setup, but now it's time for a correction. We have probably already completed waves one and two, and now we are currently looking for wave three.

ElliotXSolana

COINBASE:BTCUSD Hello Traders, I present to you the Elliott Wave Method, which instructs us to wait until the dollar reaches around $56,000 USD and then enter other long positions, aiming for approximately $125,000 USD. This is my minimum expectation for the next bullish move. Additionally, as illustrated in the chart, there is also a possibility of a spike up...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, today I'm once again looking for a selling opportunity, targeting a move down to 1856, similar to yesterday's trade. Please keep in mind the upcoming news events.

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, Today, I am once again looking for a selling opportunity around the white area. If I observe bearish momentum, I will enter the position promptly. It's worth noting that the US dollar is exhibiting significant strength once more. Please exercise caution regarding news events as they have the potential to swiftly alter the...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, for the remainder of the week, I am still actively seeking additional selling opportunities. My preferred strategy involves identifying supply and demand dynamics. Currently, I am exploring potential entry points around 1908. Additionally, you may consider trading the Fibonacci 61% retracement level or the countertrendline. All of...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, Today, I'm looking for a selling position, but I plan to wait until after the news. If the dollar remains bullish, I'll consider entering a short position. If you appreciate my idea, don't forget to send a rocket and give me a follow! 🚀👍

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, After the rapid surge to the upside in gold yesterday, I believe we may continue upward to around 1936 to attract new sellers before experiencing a potential drop, possibly back to 1924, perhaps even within this week. As always, it's essential to keep an eye on the news because it can swiftly alter the chart's dynamics.

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, For today, I'm expecting a move up to around 1943 during the London session. However, over the New York session, I anticipate a drop down to 1928, possibly even 1924. My entry point would be at 1934, which is a resistance area that aligns with the 68% Fibonacci level. Additionally, this setup could form a nice head and shoulders...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, I'm currently looking for a significant short opportunity in gold. The Dollar is exhibiting considerable strength at the moment. In addition, gold is positioned within a substantial resistance zone and under a bearish trendline. If the Dollar news continues to be positive, there could be a substantial drop in the price of gold....

ElliotXSolana

FOREXCOM:XAUUSD Hello traders, Today, I'm actively seeking buy positions in the 1926 area for gold. My initial target is 1937, and if we manage to break through that level, I anticipate a potential rise all the way up to 1942. To manage risk, I'll set my stop loss just below the last low and under the trendline, approximately at 1922. This would offer a...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, For this week, my expectations are as follows: I anticipate some initial bearish momentum, potentially leading to a price range between 1912 and 1905. During this phase, I might consider trading retest sell positions. Following this, I'm looking for a significant bullish move to the upside, with the potential to reach around...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello, Today, my focus is on a sell trade for gold. We're currently encountering a Fibonacci and resistance area on the 4-hour timeframe, and the Dollar is exhibiting strong bullishness. However, as always, exercise caution and keep a watchful eye on the news, as it can significantly impact market dynamics. Make sure to align your trading...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, For today, I'm anticipating a bullish market for gold. We have a very strong support line in place, and the DXY (Dollar Index) appears to be very bearish at the moment. When considering the 4-hour timeframe, it resembles a countertrendline trade for DXY. This alignment provides additional confluence for a gold buy...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, Today, I'm focusing on two potential trade scenarios. First, a bearish trade would be considered if we can remain below the resistance line. In this case, the stop-loss would be positioned somewhere above 1930. Alternatively, if we can't sustain below the resistance line, I would be looking for bullish opportunities. In such a...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, For today and this week, I'm looking for some sell positions. Today, I'm specifically eyeing a sell trade around the 1948 area. We've seen multiple rejections at this level, and the 4-hour Fibonacci also aligns perfectly with its 78% level. However, before entering this trade, I want to see some bullish momentum from DXY. It's...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, Yesterday, we experienced a rejection of the weekly Fibonacci 68% level and retested it three times with a clear bounce off. Based on the 1-hour and 4-hour chart views, we can observe a slight bearish trend forming. Currently, we're at 1945, a strong resistance area that also aligns with the 78% Fibonacci level. For these...