PIPSXTRACTOR

PIPSXTRACTOR

Confluences: -Monthly Fib Ratios have all been tested, priced has reached the -1.3618 FIB TP range. (Strong indicator of a reversal since it's a peak of the entire move since Sept 2022 (3 years) -RSI is in overbought territory if we compare it to the left side of the historical moves which happened (Look at the blue line) -Fundamentals maybe in favor of profit...

PIPSXTRACTOR

Confluences -Growth does not last forever, profit taking imminent, FOMO traps in play soon -Price approaching weekly channel resistance - 4 touches -RSI Overbought Territory/RSI Divergence Selling Price Point - 3272, 3300 if overextended with wicks rejection TP Range to downward channel support; 2350-2400 region

PIPSXTRACTOR

- Overextended ATH of 2817 reached due to fundamentals and policy uncertainties. - Weekly TF wave count seems like correctional wave (b) has ended, starting the move for wave (c). -Start of Wave (c) which could potentially test golden fib ratio of 0.618 (approximately $2480) or if markets chooses to test 0.786 levels, prices could lower extend to the 2400 region....

PIPSXTRACTOR Updated 

Price is rejecting nicely on the weekly timeframe. One more move down for liquidity grab and BTCUSD should be ready for a huge pump! A breakout above the recent highs could mean that price is about to reach the next target of at least 90,000. Bull Flag performing perfectly!

PIPSXTRACTOR

Gold has been on an uptrend since the start and given FIBs work cleanly with this pair, thought of sharing an idea. No wrong or right, just my view. Based on FIB levels on the monthly timeframe, GOLD has hit the -0.618 target after its move up nicely from the 0.5 Fib Ratio run up at 1600-1700 range ..High time correction is about to come unless manipulation or...

PIPSXTRACTOR

GOLD has been bullish in the past few weeks based on cues provided by Fed that cut rates are imminent in September. Believe this has been priced in for the bullish rallies we have seen in the past few weeks. Correction to the bottom of the weekly zone is the next step before GOLD takes another historical high Confluences I see are: - Price is at the top of...

PIPSXTRACTOR Updated 

Hi All, Good Day! Based on the Daily Timeframe, we see 2 scenarios which are possible for GOLD in the days / weeks to come. 1. Potential Double Top @ 1877 region, of course we need some bearish candles to be forming at this area prior to taking a super short trade down. Beware of false breakouts that can occur given GOLD's volatility quite recently. 2....

PIPSXTRACTOR Updated 

Hi All, Good Day! Based on the Daily Timeframe , we have identified an interesting GJ short opportunity driven purely by trend lines and structure levels. Obviously this is just an overall view of where the Market is going in the next few days / weeks. To enter such trades, always rely on lower timeframe analysis (4H/1H) for a better price entry incorporating...

PIPSXTRACTOR

Whats up guys! Good day! We can see from the annotated chart for EU that as per the 1H timeframe, a bearish correction is forming and price will breakdown next week to complete a major bullish correction for the move up in the coming weeks. Short term bearish in the cards. Please note that if you find this set up useful, always use risk management in tackling...

PIPSXTRACTOR

What's up Guys! Identified another good potential for the weeks to come. Just for educational purposes like always. We do see more downside for EA before we push higher. Awaiting for the Daily / 4H trendline to break before we go long. Always enter when price retraces on the break of trendline to avoid getting caught in the middle of an impulse. Good luck and...

PIPSXTRACTOR Updated 

Whats up Guys! Identified a very cool opportunity for the weeks to come. Just for education purposes. Lets see how this plays out! Let me know what you think of my charts annotation :) Cheers!

PIPSXTRACTOR

What's up guys! As we can see on the weekly chart, EN is preparing for a bullish move in the next few weeks based on the major bullish correction. Expecting the price to rebound to 1.7300 region. This is just purely for educational and charting purposes. Do let me know how you feel about this idea! Always take trading entries on lower timeframes! Have a good...

PIPSXTRACTOR Updated 

Amazing set up on the Daily TF! After a bearish drop from previous H&S pattern, we can see price is correcting and preparing for a major meltdown. Still closely watching for the break of the bearish correction to support turned resistance. Will look for 1H/4H bearish opportunities once bearish correction clearly broken before taking the trade to the next...

PIPSXTRACTOR

Hi all, Weekly structure levels marked up. Personally watching for price action in the marked up bearish wedge pattern which might signal a move down after the break of the trendline. This is not a trade signal advise so please do your own analysis! Cheers and have a good week ahead! Rocket Traders

PIPSXTRACTOR

Price is still respecting the upside channel and we are awaiting the candle close on the daily time frame to take a trade to the upside. Do let me know your thoughts!

PIPSXTRACTOR

As per price action, we can clearly observe the formation of a bull flag. Awaiting to breakout from flag pattern to take a trade to the upside.

PIPSXTRACTOR

-Several Confluences. Keep it simple -Price Action moving within Bullish Channel -Price just tested 38.2% pivot and bounced right off with heavy support in that line on the daily timeframe -Should create a new higher high in the few weeks to come -You can set your SL below the trend line channel and TP @ 1.618 level or exit before that. Do not forget to bring SL...

PIPSXTRACTOR

-Just an idea - *please do your own analysis prior to taking this trade if interested* -Major Trend line Broken last week -Bullish Correction in the making due to impulse move to the upside -Price currently at trend line Channel Support + Retracement to 50% FIB pivot -Highly probable to see Market make a bullish move to the upside -For a more concise entry, do...