Gold chart is showing a Cup and Handle pattern on the weekly. After a massive cup, there is a formation of a handle confirmed by breaking the resistance of the pattern. So, for the long run, there is a high probability chance for Gold to be Bullish and reach 2500 in the coming 2 years The actual levels are good for investors to enter for a long position TP :...
We expected for ARAMCO to reach 45$ level within a year, so it took 9 months. The share rose by 27% in 9 months with 0 reversal from entry point. That was the most accurate technical analysis we've ever made.
Shiba inu is forming once again a flag pattern and it's about to be complete. Once the upper line of the triangle clearly broken, their will be a high probability chance for it to reaching 0.0002 levels. But if it closes under 0.000045 this analysis won't take effect. Entring point : Actual levels TP : 0.0002 SL : 0.000045
Shiba inu is forming once again a flag pattern and it's about to be complete. Once the upper line of the triangle clearly broken, their will be a high probability chance for it to reaching 0.0002 levels. But if it closes under 0.000045 this analysis won't take effect.
As expected in our previous analysis of the share, it broke the upper line of the pattern after 3.5 months. The share seems on its way to reaching the set goal of 45$.
Entry : Actual levels TP: 1.1480 SL: 1.1990
Bitcoin is on the neck line level, once clearly broken, our previous analysis will take effect
After the formation of the second shoulder of the Head and Shoulders Pattern , We are seeing Bitcoin going down to reach Level 1, then a correction before continuing the bearish move and reaching level 2 at least.
Aluminium price is going down to reach 175$ level
BRENT is on a strong down trend line that hasn't been broken since July 2008 , with an RSI around 70 levels. So we expect that it will go down to reach 45 levels in the next year Entry point : 75$ TP : 45$ SL : 80
After a strong vertical rise ( pole ) since March 2020 there is a period of consolidation ( flag ), so there is a high probability chance to break the upper line and continue the rise to reach 45$ levels within a year Entry point : actual levels TP : 45$ SL : 33$
Based on waves analysis, we are expecting a sell set up, after the formation of the fifth wave of a Wolfe Wave pattern. the pattern will be confirmed by the breakout of the descending trend line then, it must come back and close within the triangle, at this moment a short position should be a good trade. Entry : 1970 SL : 2015 TP : 1865
The pair is respecting the descending trend line in the 4H timeframe and tested it for the fourth time. We can see here a Wolfe wave pattern, and the sixth wave must be formed. So there is a good chance for the pair to go down and reach the goal show in chart Entry : 1.18450 - 1.18100 TP : 1.15500 SL : 1.19100
At the end of the 5th wave there was a false breakout of the upper trend line. The price must come back within the equidistant channel to confirm the Wolfe Wave patter. Once this happens, a short position would be a reasonable trade. Entry : 1.3077 SL : 1.3195 TP : 1.1887
Wait for the formation of the 5th wave then short Entry : 44.15 - 44.30 SL : 44.86 TP : 41.13