ALGOUSDT has given a clean breakout of falling wedge. Will this breakout sustains and will bulls push the price even higher ?
Currently US30 is in bearish territory, which is strong supply zone and trendline resistance. Will the sellers attack this area ?
It looks like due correction in crypto market is done. Currently ETH is retesting the broken support level which also coincide with 50% fib correction. Is ETH going to dive again?
For PSX lover.. HUBCO is looking rock solid to buy . 200 EMA support and rest of aggressive breakout level.
BTCUSDT looking weak at trendline resistance . If BTC got rejected from untapped supply area, the downside easy target could be 62K.
Major correction in US stock market started? Nas100 down almost 1.5% in single trading session.
NEARUSDT is at strong daily support level. 50% fib retracement putting strong confluence for buying.
DOTUSDT is looking very strong. Buyers seems to be very interested and will put the price at 8.5 level.
is GOLD getting ready for another selloff ? According to price action the bullish bias seems limited.
Is BTCUSDT is due to for another shakeout to downside? As strong bearish divergence along with price action suggesting a downside for BTC.
XAUUSD is about to complete AB=CD pattern. length of AB ( in terms of pips) was ~2000 pips and CD has completed almost 1700 pips( at the time of writing). when CD complete ~2000 pips at ~1680. This 1680 is good support and buying zone. when can expect good bullish side at 1680 zone. and we have a good bullish divergence as well. Best of Luck
AB=CD projection come in play . After completing two legs of this projection XAUUSD is up for the final Leg CD. which can be result in hefty amount of ~400 pips. Best of Luck
Further upward scope is on table. in our recent post where XAUUSD completed its last leg of Elliot wave with good 330+ pips, now is the time for some corrections and XAUUSD is also in the formation of last leg of bearish BAT. we are expecting some good bullish momentum. Best of Luck.
EURJPY seems good for short call, after completing AB=CD pattern and a multiple rejection from 132 now it can make a good bearish rally with TP1=131.214 and also can go to TP2= 130.851. but also consider the SL=132.323 Best of Luck.
further scope for downside?? of course a rejection from 1951.90 which 50% of Fibb number will lead to downside... as on 1HR chart last leg of elliot wave is expected. Best of luck
Long call forming the pattern AB=CD shows bullish divergence on RSI Entry=0.3193 SL=0.3100 if breaks the resistance TP1=0.3400 TP2=0.3500