Khiwe

Khiwe Updated 

Hi there, The gold price is anticipated to drop for a pullback and rise to three potential levels, targeting a bias of 2745.736, in accordance with the W-Z pattern of ABC-D. The (DX) is where most bullish pressure was active, which was almost at the retest of the dotted trendline break. If the bears break the dotted trendline, the setup will be...

Khiwe Updated 

Hello there, GU needs to break below the significant low area of 1.28 for the bearish momentum to continue, with the first target set at 1.26723 and a bias towards 1.25772. Happy trading! K. Not trading advice.

Khiwe Updated 

Hi there, EURUSD appears bearish on the H1 chart, with two potential targets marked by the green lines, with a bias of 1.03327. The current low of 1.04936 needs to be broken, or the high of 1.05543 must hold to support the lower high of 1.05378. Monitoring will therefore be required, and this may take some time. Happy trading! K.

Khiwe

Hi there, BTC has been making surprising moves lately, seeming to head in one direction when it's not. We'll give it a last look. We have a complete ABC-D pattern. (E) is always shorter than (D), but (F) is the longest wave. (F) to (G) is the longest and most unpredictable wave, which is where we are now. Inside the box, the range between 98,239.23 and...

Khiwe Updated 

Hi there, BTCUSD on the H2 chart needs to break the trendline marked as "trendlinex," which indicates bullish pressure attempting to reverse the bearish momentum significantly. The target is 88,103, for a bias of 83.917. Happy Trading, K.

Khiwe Updated 

Good morning, The J200 looks bullish on the H1 chart, but it is within a consolidation area, so some caution regarding momentum behaviour is needed. The price has two significant resistance levels: 77302 and one within a resistance zone at 78148.95. There is also an ABC pattern that does not align well with my Elliott Wave count, suggesting that there might be...

Khiwe Updated 

Hello there, Gold is trading on sentiment and needs to break the trend line shown as X-Y. Once the trend line breaks and momentum is confirmed, the price will have a targeted bias area of 2440. There is bullish pressure present, but it is misleading because bulls will need to break above 2675.53 for clarity. Overall, the trend is bearish with the potential for...

Khiwe Updated 

Hello and good morning! The BTCUSDT outlook today: BTCUSDT looks bearish on the H2 chart, with a potential target zone around 88767.25 and a bias towards 82500. We have a supply zone at 97500, with bearish pressure at (C) resistance. If the price breaks through this level, it will nullify the setup. Additionally, above 100846.57 would be the ideal point for...

Khiwe Updated 

Hello there, XRPUSDT appears bullish on the H1 chart, with a likelihood of a minor retracement before moving upward. Price targets are 2.98 and 3.13 Happy Trading, K. Not trading advice.

Khiwe Updated 

Hi there, The EURJPY has the potential to move up to the resistance and then retrace. The key levels for strong bearish confirmation are 158.197 and 157.827, with a bias towards 155.801 to the break of the lower low. Happy Trading, K. Not trading advice

Khiwe

Hello there, The DXY has the potential to drop down to 103.527, but it will need to break the significant low of 106.109 for confirmation. The price seems to be pulling up to the supply zone currently, but it is unstable for bulls. Happy trading, K.

Khiwe Updated 

Hello there, XRPUSDT is bearish on the M30 chart, but it has the potential to pulse upward. The target areas are 1.2849 and 1.2116, with a bias towards 1.1216. Happy trading, and have a wonderful week. K, Not trading advice.

Khiwe Updated 

Hi there, The RSI is above 50, indicating a bullish price movement above 88,571 but heading toward a supply zone at 92,000. If the RSI goes below 53.96, the momentum could potentially change, and we have three potential target zones. * So, is the BTCUSD going up? What do you think considering the weekly price momentum ? Happy Trading K. Not a trading advice.

Khiwe Updated 

Hi there, This is how the USD/ZAR looks like on the 1-hour chart, having encountered a resistance area at 18.4. It’s possible that it could push higher, but there are interesting levels that might pull the price lower. The levels of 18.1 and 17.7 are such areas to watch, and there is a possibility that the price may plummet down to 17.3. Overall, the trend is...

Khiwe Updated 

Hi there, The RSI is below 50, indicating a bearish DXY trend. The drop has two price target zones that appear to be retracement zones. The bearish pressure is at 107 but seems weak. Happy Trading, K. Not trading advice.

Khiwe Updated 

Hi there, The RSI crossed the RSI moving average at a resistance level. Therefore, the price is expected to drop, with a target of 2580 and a bias of 2563. Have a great week. K.

Khiwe Updated 

Hi there, The US30 looks bearish and shows that it is hitting a support area on the RSI. It might pulse up into the supply area (the shaded area) and then drop again to 42998.32, which could result in an EW 2, but if we break below the EW 2 target area, the market will potentially drop even further. Overall, the market is bullish; it has a strong bullish...

Khiwe Updated 

Hi, XAUUSD looks bullish on the 1-hour chart. It is possible that it will make a minor correction to complete wave C and then pull up to create a higher low before rising. Alternatively, it may pull up and retrace to form a higher low before moving up. A close eye will be needed, but for now, the sentiment is bullish from the low. Happy Trading, K. Not trading advice.