BTCUSDT D1 has broken the upper trendline of the Descending Broadening Wedge pattern, showing signs of a bullish continuation. It may be setting up for a retest within a key Fibonacci cluster before potentially pushing higher. The next targets are around the harmonic resistance levels at 80,328 and 89,066. Immediate support is at 65,260, with a stronger base at 49,000.
GOLD D1 still moves inside the sideways range (2293-2450). Gold has the potential to break through the strong resistance to further strengthen towards the harmonic resistance at 2510 and 2574 with the invalidation level at 2293. IF the resistance at 2450 is not broken, Gold will remain sideways.
Bitcoin at the weekly time frame is currently moving at the first vibrational week date on Feb 26 - Mar 3, meaning that Bitcoin is potentially reaching its resistance level at 69,000 within this week or next week (W+1). Bullish Scenarios:- 1) Impulsively broken the 69,000 resistance to the next at 83,615 and the final target at 102,290. 2) Potentially reaching...
Gold H4 - According to the elliott wave analysis, it is potentially dropping to the classic support 1973 as long as the point A at 2065 is respected. The confirmation is when the point B is broken and formed a new swing high.
GOLD D1 has retested the UFO and the trendline area. It is potentially reaching its cluster area around 2030 - 2047 on November 27 - 28, 2023 before forming a secondary reaction to continue its primary movement again to the final target at 2142. This outlook will be invalid when the price crosses the support level at 1931. The major movement will be bullish.
TSLA D1 has formed a minor support level and potentially strengthening toward the classic resistance at 268.60 and harmonic resistance at 307.79 with the support level at 194.07. The vibrational dates: Dec 5-6, 2023. According to the Gann analysis, there will be a potential major reversal during those dates.
According to the Gann analysis, Dec 7-8, 2023 is potentially a vibrational date. Apple is potentially forming a secondary reaction around the support level 182.53 before moving back up to the classic resistance at 198.23. This outlook is valid as long the support level is respected.
Nasdaq D1 has broken the upper trendline impulsively and potentially reached the classic and harmonic resistance at 16,062 and 16,351 on November 15-16, 2023.
XAUUSD - H4 As you can see, Gold is potentially forming a bullish divergence in the H4. Predicting that Gold is going to meet the daily classic support at 1680. Confluences:- 1. False break from the zone 2. Potential to form a bullish divergence 3. Potential to chase the fibonacci cluster area 4. Sell zone aligns with the fibonacci cluster area. STRATEGY 1. BUY...
XAUUSD - Bearish Continuation SELL 1918-1920 TP1 - 1870 TP2 - 1850 TP3 - 1820 04/29/22-05/16/22
XAUUSD XAUUSD is currently in Bearish Continuation trend. Finding the sell entry at the retracement. Confluences:- 1. Bearish Flag 2. Fibonacci Cluster H1 3. Purple Zone 4. Close to trend line resistance SELL LIMIT - 1938 TP - 1875 SL - 1943
XAUUSD A bearish flag is confirmed as the candle closed below the support trend line. Find you best entry at a smaller time frame with the calculated money management risk. Forecasting a long range target price deriving from AB=CD, taking a 70% range will be about 1832.5.
XAUUSD A bearish divergences in H4 is valid and the price is currently making a retracement, predicting that price will stop at the 1939 area. In order to continue its bullish movement in D1, it requires to break 1965 (previous swing high H4). Making the minimal target area at 1965 and a price imbalanced at 1972. Confluences:- 1. Purple Zone 2. Fibonacci...
XAUUSD Speculating that the price could be a potential Double Top Chart Pattern. As long as the price rejects 1968.5 and continued with a bear candle (breaking the mother candle), analysis is valid. Ordering a short trade with more than 1:3 RRR is promising. Remember to always manage your money management. You can either directly place a sell limit or wait for...
XAUUSD The price has rallied and expected to break the base of H4. Currently holding a BUY at 1940 with a trail SL at 1943.5. In D1 time frame, a bullish divergence is shown by the leading indicator (stochastic). Taking profit at the classic resistance of H4 and Fibonacci Cluster area. BUY - 1940 TP - 1965 SL - 1943.5 (FREE RISK)
XAUUSD The price is currently forming a Bearish Pennant Chart Pattern. Expecting an impulsive move from XAUUSD which I can conclude to speculating a SELL at 1930 as price rejects the trend line where fibonacci cluster is also a factor. The stochastic oscillator has also formed a lower peak leading the price chart. You might as well order a SELL STOP at 1915 with...
US100 The Double Bottom Pattern target has reached. Speculating a short at 14365-14400. Confluences:- 1. Classic Resistance H4 2. Fibonacci Cluster Area 3. OB Zone 4. Imbalance prices SELL - 14368 TP - 13880 SL - 14468 May consider to re-enter if hit SL.
XAUUSD As XAUUSD has created a lower peak, price needs to go down to 1922 and 1908. Aiming for a short before a buy at 1948 considering a good RRR. SELL LIMIT - 1948 TP 1 - 1922 TP 2 - 1908 SL - 1953