1. Objective: The objective is to enter a sell trade and ride the expected downward trend to the Wave 5 completion. 2. Key Levels: Resistance Levels: 1.35880: Major resistance level (D1 R) above Wave 4. Support Levels: 1.32672: Key support level (D1 S) and the expected completion of Wave 5. Invalidation Level (Stop Loss): 1.35880, the resistance level, as a...
Elliott Wave Count: Wave 1-3: The impulsive movement upwards is clear, with Wave 3 being the most extended. Wave 4: A corrective phase, consolidating near the support level around 1.31000. Wave 5 (Projected): The anticipated upward move, targeting the 1.34024 resistance level, which marks a key zone for the completion of the Elliott Wave cycle. Key...
The DXY (US Dollar Index) is showing strong signs of entering a downward trend. The attached chart reinforces this view, highlighting the development of Wave 4, which is likely nearing completion. A continuation of the decline in Wave 5 is expected, in line with technical analysis and external factors. Wave Structure: The chart clearly shows the DXY in a...
Objective: The goal is to take advantage of the Wave 2 correction and prepare for the upward move in Wave 3. Entry Strategy: Buy Limit Order: Place a buy limit order at 56,078.55, which is a key support level and likely the end of Wave 2. Secondary Buy Limit Order: Consider placing a secondary buy limit order at 53,485.95 in case of a deeper...
Set the Sell Pending Orders at: R1: 2329.847 (SL: 2334.847 | TP: 2319.847 ) R2: 2352.639 (SL: 2357.639 | TP: 2332.639 ) Set the Buy Pending Orders at: S1: 2305.000 (SL: 2300.000 | TP: 2315.000 ) S2: 2281.517 (SL: 2276.517 | TP: 2301.517)
Set the Sell Pending Orders at: R1: 27.72200 (SL: 27.82200 | TP: 27.52200 ) R2: 28.05900 (SL: 28.15900 | TP: 27.65900 ) Set the Buy Pending Orders at: S1: 27.26500 (SL: 27.16500 | TP: 27.46500 ) S2: 26.98300 (SL: 26.88300 | TP: 27.38300)
SELL LIMIT: R1 - 27.71800 BUY LIMIT: S1 - 27.04500 Trading Guidelines (SILVER): Risk Management: Risk no more than 1% of your capital per trade. Maximum Trades: Limit yourself to a maximum of 2 trades per day. Trading Sessions: Focus on trading between the London and NY sessions. Discipline: Execute the order at the identified level. Stop Loss and...
SELL LIMIT: R1 - 2353.632 BUY LIMIT: S1 - 2323.364 Trading Guidelines (GOLD): Risk Management: Risk no more than 1% of your capital per trade. Maximum Trades: Limit yourself to a maximum of 2 trades per day. Trading Sessions: Focus on trading between the London and NY sessions. Discipline: Execute the order at the identified level. Stop Loss and...
Long: S1 - 2311.516 S2 - 2291.159 Short: R1 - 2333.953 R2 - 2353.632 Targets: 1000-1500 points. Stop: 500 points. BUY on the BLUE line - SELL on the RED line.
Bearish Below 0.97390 TP - 0.96690 - 0.96280 - 0.95570
Forecast: Return to Bullish Trend (Daily) Bullish Above 0.81100
Forecast: Start of Bearish Trend (Daily) Invalidation Level: 5281.7 Only sell when the price is close to these levels: 5151.3; 5281.7.
Forecast: Start of Bullish Trend (Daily) Invalidation Level: 1.580 Only buy when the price is close to these levels: 1.745; 2.026 (R/S);
Forecast: Return to Bullish Trend (Daily) Invalidation Level: 75.72 Only buy when the price is close to these levels: 82.99; 80.31.
Forecast: Return to Bullish Trend (Daily) Invalidation Level: 2087.889 Only buy when the price is close to these levels: 2330.901; 2268.223; 2145.037.
Forecast: Start of Bullish Trend (Daily) Invalidation Level: 0.87222 Only buy when the price is close to these levels: 0.88893; 0.87992.