Rich_From_Home

Rich_From_Home

Whether it will continue to be bearish or bullish again, gold must close the gap first. Confirmation break on base

Rich_From_Home

It can be seen that the price of gold is currently in minor support, if this support is broken, the potential for decline will still be far away. SL: 3325 (200 pips) TP: 3265

Rich_From_Home

Gold pennant pattern, looks like a pattern, looks like it will break but doesn't look too valid yet, can consider entry now for lower prices or wait later if the break looks valid followed by priceaction and good candles like harami etc. SL: 3316.5 (200 pips) TP: 3370.000

Rich_From_Home

On the large timeframe, the formation of a swing high is the trigger for a reversal. The gap will be closed sooner or later, is it time? Looking at the stochastic which has bent downwards, it seems that this is the time. SL: 3358 (360 pips) TP: 3174 RR 1:4

Rich_From_Home

🔑 Key Technical Signals: • Rejection at 0.618 Fibonacci level ($3,226) creating bearish pressure 📉 • Stochastic indicator showing overbought conditions with divergence ⚠️ • Completed 5-wave structure followed by ABC corrective pattern formation 🌊 • Notable price gap below that could act as a magnet for price action 🧲 📊 Trade Setup: • Entry: 3219 • Stop Loss: 3234...

Rich_From_Home

📌 Structure & Price Pattern - Still forming lower highs & lower lows. - Signs of a potential reversal are appearing, but the overall structure remains bearish. - Based on Elliott Wave count, it may still be completing a major 5th wave down. - As long as the upper trendline holds, downside pressure remains. 📈 Technical Indications - Bearish momentum...

Rich_From_Home

📉 Technical Overview: Price broke down from a rising channel, signaling a potential reversal. A bearish flag/descending triangle is forming, showing continued selling pressure. Multiple rejections at the trendline and EMAs confirm bearish sentiment. Price is trading below key EMAs and below the 200 MA → bearish confirmation. A minor support has been broken several...

Rich_From_Home Updated 

Summary: Btc is inside Wave 4. has the opportunity to form an Irregular Correction before continue strengthening to the resistance target. Momentum indicators are pointing downward in neutral area Momentum: The momentum indicator is pointing down in the neutral area, indicating that Bitcoin has the potential to weaken temporarily to form Wave 4 before...

Rich_From_Home

when the new moon occurs, there is an 80% chance that there will be a reversal in gold, I expect the price to go down and form a Head n shoulder pattern which is expected to go very far.

Rich_From_Home

gold forms an ascending triangle pattern, the decision of the price of gold will return to rise or reversal will soon occur. scenario 1: Buy limit on support: 2750.405 TP 1: 60 pips TP 2: 120 pips SL: 30 pips scenario 2: buy on breakout: 2753.900 TP: 90 pips SL: 45 pips

Rich_From_Home

it seems that gold is still going up don't counter trend, no price is too high or too low. #descending triangle pattern. #Buy on FVG, fib 0.618 Entry: 2756.010 SL: 50 pips TP: 150 pips

Rich_From_Home Updated 

The Effect of Sun in Capricorn on Gold (21st December - 30 Days Forward) Historically, when the Sun transitions into Capricorn, gold exhibits a 90% probability of bullish movement within the following 30 days. Key Observations: 1. Seasonal Bullish Pattern The Sun in Capricorn often marks a period of increased demand or positive sentiment for gold, driving...

Rich_From_Home Updated 

From the big timeframe gold looks to break the trendline and try to retest the trendline and continue its rise. but I know very well the characteristics of gold especially on Friday when it happens like this, the breakout occurs on Friday, it is more likely for gold to make a fakeout, so from my analysis I chose to sell. SL: 2660.693 TP 1: 2638.918 (+2) TP 2:...

Rich_From_Home Updated 

NZDCAD appears to be heading downward to form wave 5 after a price rebound on its upper trendline and is expected to target its support level. SL: 0.83200 (70 Pips) TP: 0.80750 (+2.5)

Rich_From_Home

BTC has formed a rising wedge pattern following an increase and a rejection at its resistance. BTC is expected to decline temporarily before breaking through the resistance. The breakout has already been confirmed. TP: 96300 (+2) SL: 99112

Rich_From_Home

On smaller timeframes, BTC is forming a pennant pattern. Judging from the strong selling pressure like this, it seems BTC will likely continue to decline, aiming for its strongest support at 91,000.

Rich_From_Home

After a significant decline, BTC has the potential to rebound. Once the Head and Shoulders (HnS) target is reached — with the full length of the Head already achieved — there is potential for a Reversal by Support (RbS) in this area, as previous price corrections occurred multiple times at this level.

Rich_From_Home

1. Pattern Formation: - XRP is forming a descending triangle or a bearish pennant. This pattern often signals a potential continuation of the downtrend, especially if there is a breakout to the downside. - The pattern emerged after a significant price rally, which is typically a consolidation phase before the prevailing trend resumes. 2. Support and...