FXultan

FXultan

The chart includes a Bullish Shark harmonic pattern with two Take Profit (TP) levels marked: TP 1: 2,354 TP 2: 2,373 The current price is at 2,333.104 with the Stochastic RSI indicating oversold conditions, suggesting a potential upward movement. Key points: The chart shows a significant drop leading to the current price. The area marked for the potential...

FXultan

Based on historical data and pattern, it is possible that the DXY could move from the current level to a level of 107.6 in the near future.

FXultan

XAUUSD is currently forming a bearish cypher pattern on the chart. This pattern is characterized by a series of diagonal lines that converge towards a pivot point, which suggests that the market could be ready to make a reversal. Based on the current positioning of the pattern, it looks like XAUUSD could potentially make a move towards the 1808 level from its...

FXultan Updated 

Anti Shark pattern is a bullish reversal pattern that is typically seen on a chart when the price of an asset is trending downwards. This suggests that the downtrend may be coming to an end, and that the price of Gold is likely to reverse and begin moving upwards, 1775 is a strong support that has touched 200 hourly SMMA, targeting the area above POC (1789-1792)...

FXultan

Look at the bigger timeframe, Target 1864. NFP will boost this pattern to be formed.

FXultan

USDJPY already broke the long trend line and retest to .618 of Fibonacci point (110.5) Using fib extension, the trend will continue at least to 108.6 level (.786)

FXultan

In Jan 2018, GBPUSD has a double top at 1.43, break the higher low trend line, and then goes to a bearish market after that. In Jun 2021, GBPUSD has a double top again below a similar area like 2018, at 1.425, and most likely goes to a bearish market again. Especially after the confirmation that the prices has break the higher low trend line. My first...

FXultan Updated 

If we look at higher timeframe, GBPUSD most likely to continuing bearish market to 1.37. It's continuing wave 5 of elliot wave after wave 4 is formed.

FXultan Updated 

Here I share my idea on GBPUSD for short-term. Wait for confirmation, my sell area would be on resistance above, and TP on support.

FXultan

Whoever understands elliot waves theory, you could use my analysis as a consideration. Wait until wave 4 formed fully. Then sell.

FXultan

I use elliot wave analysis for this monthly chart. Wait for buy signal. Thank me later.

FXultan

After Gold has been breaking out, Gold is looking for resistance before continue down. Wait for sell signal

FXultan

Tight SL to: 1.3250 TP 1 to : 1.2760 Thank me later.

FXultan

Sell; 1286-1288. SL: 1296 TP 1: 1262 TP 2: 1250 Thank me later.

FXultan

Let us use Follow The Trend strategy, right now the price is in neutral position. Wait the right time for confirmation.

FXultan

SELL on 1.35 - 1.36 SL : 1.39 TP : 1.30

FXultan Updated 

GBPUSD in 30 Minutes timeframes show us such a clear triangle pattern. Which is the chart is on Downtrend. It would be still continue its trend. Open Short position SL: 1.29000 TP: 1.26767

FXultan

Wait for short signal. XABCD pattern is there. Stop Loss if breaks the line