niclaxfx

niclaxfx

Hey traders, in this chart we took a logarithmic parabola view on Gold, i tried to make the chart self-explanatory and detailed. However if you still have some questions do leave a comment below and if you find it helpful hit a thumb-up 👍🏻. Also share your idea below and let me know how you think the market would react.

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👋🏼Hey Traders 🌼 Currently running trade, our analysis here is based on the breakout below 1.55300 trend support in line with the 61.8 fibo support level. 💭 In attached chart you could see the trend breakout and fibo retracement on the H1 TF, our entry below the bearish flag indicating a clear confirmation of a bearish call. 💚Regards The NiclaxFX Team™️

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Hey traders, in this chart we highlighted the halving effect observing the the time to major ATHs after the halving event. After first halving on chart we could see it took bitcoin about 500 Days to reach an all time high of about $1000. After second halving same thing repeated we had another 500> days to hit an ATH of $20,000 Currently we sitting on the third...

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The current bull market of 2020-2021 is completely different from the last bull market of 2016-2017 though the technical chart analysis shows quite a lot of similarities however the fundamentals backing it up are completely distinct. Let’s highlight some key fundamental differences below. 2017 Bull Run: Propelled by retail investors looking for quick gains and...

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Hey traders, in this chart i quickly sketched out a likely scenario following the 2017 market patterns, at the current stage the likelihood of a 22k / BTC is very realistic come winter, in the chart we saw a correlation of a 90days rally although 2020 is a bit different but quite certain we should see a new ATH at 22k before major pullback however its quite...

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🚀 WE JUST CROSSED BELIEF ERA - Expect the media to wake up soon 🚀 💭As it turns out when we compare the market cycle to our present day chart, we find out we have passed the: 😱The Panic Phase 😡The Anger Phase 🤮The Capitulation Era 😔The Depression Era 😅 And now we find the market between the era of restored hope and high optimism only this time we on a larger...

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What will it be?

niclaxfx Updated 

📰 BREAKING Moderna's COVID vaccine shows 94.5% efficacy 💌 Moderna Inc. announced on Monday that the interim research of its COVID-19 vaccine candidate showed that the shot is estimated to be 94.5% effective in preventing the disease. 📮 More to come shortly... 📈 This was the reason for the shock in the market especially for the Yen and Gold being safe haven assets

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There are two solid possibilities i see on gold 1. On the H4 we could likely have an ABC correction with the third wave dragging price down to 1850. 2. We could bounce up from here straight up to make new long term highs. A. The first narration is supported by the success of the covid vaccines which is currently in its last stage of trials, it will likely have...

niclaxfx

Hey traders, share your thoughts on what you think about the EUR-AUD will it be a reversed heads and soulders or trend will continue bearish

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🌼 Currently running trade, our analysis here is based on the breakout below 1.20300 in line with our ABC Elliot waves correction, as the brexit uncertainties continues and the surge in covid cases we expect the sterling to drop further below 1.18000 price level again which sits on the trend support. 💭 In attached chart you could see the trend breakout and elliot...

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Hey traders, here we find GBP-CAD failed to break above our 3 -months resistance, and now correcting back to trend support. We expect a possible 100-200 pips drop as brexit and surge in covid cases continues

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Hey traders, here in this chart we compare bitcoin current chart pattern with the time of 2016/2017, here we find bitcoin breaking out from major resistance one. All things being the same as the parity in price action is about 90% same we expect to see bitcoin hitting the likeliness of $30,000/BTC this year and possible $100,000 by 2021.

niclaxfx Updated 

📊 GOLD CHART ANALYSIS 🌼 Here we see gold failed to break newly found resistance above 1890 which appears to be the 38.2 fibo retracement level, and as the New York Market opens we expect higher gains on the Dollar as the bulls takes on the market. 💭 In the attached chart we show the correlation between DXY the dollar on the left and Gold on the right....

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Hey traders, gold failed to break resistance and poised for further decline as the NY market opens

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Hey Traders, Here we see the Aussie like the cable poised for further decline as the bear takes on a bearish breakout below channel support @0.73000, In lieu with our DXY chart we expect heavier market movement upon NY opens in few hours.

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📊 GBP-USD CHART ANALYSIS 🌼 Here we see the cable poised for further decline as the bear takes on a bearish breakout below channel support @1.8000. 💭 In lieu with our DXY chart we expect heavier market movement upon NY opens in few hours. 💚Regards The NFX Team™️

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Hey Traders, Here we review the dollar returning from support to a corrective bullish trend, we expect the current momentum to propel the dollar to about 93.00 on the DXY index. Recent news about the ramdesir covid vaccine seems to put the market in ecstacy