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Showing posts from April, 2024

$JSEARI - African Rainbow Minerals: The Short-Mid-Term Road Map

See link below for the long-term view. Looking at price action from 14662: The advance to 20300 is a leading diagonal for wave 1. The correction to 15503 is a zig zag for wave 2. The stock is now in the early stages of wave 3 which can only be a five wave impulse. Waves {i to v} in green give the idealized road map for wave 3. 15503 is the secondary invalidation but 14662, as the primary invalidation level, is the level which will lead to the whole invalidation of this bullish outlook should price break below it. http://dlvr.it/T6ChZd

Gold preserves overall Bullish trend

Fundamental analysis: Even though there isn’t any viable explanation why Gold is delivering aggressive spikes to the upside (that Central Banks are purchasing Gold is Long-Year tradition, nothing new that it can deliver such heavy Buying pressure on Gold), Gold preserves overall Bullish trend. DX dropped to the Lowest level in #2-week time previous session after the U.S. first quarter (#Q1) GDP flashed disappointing numbers. In doing so, the DX gauge versus the #6 major currencies failed to contain Selling sequence which is suggesting an escalating price pressure in the U.S. Overall, Gold is preparing for this week’s Fed minutes which is likely to recall Gold’s Sellers. However, any surprises won’t be taken lightly and hence the DX Buyers are advised to stay aside for the time being. Even though DX recovered #2-Week Low’s, Gold delivered only minor decline. Long-term Sellers should feel safe as Daily chart’s #MA50 offers optimal Target to pursue. Gold is headed towards #2,352.80 - #2,3...

METIUSDT UPDATE

#METIUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about METIUSDT METI is making Falling wedge has already breakout in 12h time frame.we can see gain here upto 150 %+ profit so far 🚀 http://dlvr.it/T675W4

btcusdt

Although we are on a relatively downward path because the floor is lower and the ceiling is lower, but in one hour's time, we may go back up again for the last round to empty the sellers and make them forget. http://dlvr.it/T64zq3

just a view (educational prupose only)

buy above 58 target 63, 70 SL 55 CHart shows c and H pattern This is for education purpose only http://dlvr.it/T62Zzq

#KDA/USDT

#KDA We have a bullish trend pattern on a 4-hour frame, the price moves based on it and adheres to its limits well We have a tendency to stabilize above moving average 100 We have an uptrend on the RSI indicator that supports the price higher Entry price is 0.908 The first goal is 0.966 The second goal is 1.08 the third goal is 1.19 http://dlvr.it/T5zh8p

Strifor || GBPUSD-24/04/2024

Preferred direction: BUY Comment: The pound , like the euro , worked out the trading idea that we published at the beginning of the week. However, the growth most likely will not end there, and one can also wait for another jump upward towards the level of 1.25500 . If the price fixes above the level of 1.25000 on the daily chart, we can even talk about growth towards the level of 1.28000. For a short-term trade, we are considering two scenarios, where scenario №1 is growth from current prices, and scenario №2 is growth after a slight pullback downward towards the level of 1.24000 . Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views! http://dlvr.it/T5x3t1

PHAUSDT UPDATE

#PHAUSDT UPDATE PHA is making falling wedge in 4H TF ⚡️ Expecting 70%+profit in coming days 📈 #PHAUSDT #PHA #PHABTC #BTC #Crypto PSE:PHA CRYPTOCAP:DEXE $QI LSE:SYN INDEX:GALA TSXV:POND $SPELL GETTEX:PDA $BADGER $CYBER NYSE:FET SEED_DONKEYDAN_MARKET_CAP:AGIX SEED_DONKEYDAN_MARKET_CAP:CELO http://dlvr.it/T5tVFw

Short-Term Eur strength & Pullback possible

Hello Traders.. Another week and more price action to anticipate in the Forex market. EurUsd: As we enter the 4th week of April our Monthly candle is still bearish with a solid bearish body. Last week we came very close to a Monthly support level at 1.057. The low of the week was on Tuesday and coincided with a Hawkish Fed speech. The weekly candle closed bullish and we now have a weekly support level at 1.0649. The weekly candle closed a small body doji - looking candle with a larger top wick. The new week gapped up 5 pips. The daily candle's price action from last week looks quite subdued. Looking for buys on EurUsd still apears risky to me as we still have hot jobs data and rising inflation. We had hawkish fed speech last week which means higher potential rates for the USD. This means USD could be increasingly used in the Carry trade, an even better reason to look for USD strength. Not much has changed and yes we can observe a pullback , with Eur Strength. Overall bearish on Eur...

📊#DOT has completed the daily level correction✔️

🧠From a volatility perspective, we have retraced half of the gains, and the correction at the daily level may have been completed. A healthy correction means greater upside potential in the future. ➡️From a structural point of view, the short goal has been fully achieved, and the liquidity pool has been swept across. There is also an expectation of rebound. A double bottom long structure has been constructed in the buying zone, so there is a high probability that we will rebound from here and continue the long trend. If we can successfully break through the previous high, then the ideal target area we can see is 20.277-25.479🙏🎯 ➡️From the perspective of wave theory, if the inflection point is successfully broken, then it is completely certain that the correction at the daily level is over.✔️ Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯 http://dlvr.it/T5nm7F

Fractal Wave Theory

Taking Elliot Wave Theory as a foundation and applying a fractal growth to waves as they complete a full "impulsive wave" and its "corrective wave" ...i consider that a complete wave fractal and we will either grow exponentially or, in this case would have already put in a reversal to the down-side well below these current level (which broke the recent ATHs). With the recent halving i could certainly see a bigger drop here to fill these major waves to the up-side but dropping lower in time, the smaller fractal waves will show us a better idea when thats going to happen http://dlvr.it/T5ltkq

Potential bearish breakout

The Kiwi (NZD/USD) could make a bearish reaction through the pivot to potentially drop lower. Could the bearish momentum drive this FX pair towards the 1st support? Pivot: 0.5863 1st Support: 0.5779 1st Resistance: 0.5930 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of ou...

COFFEED looking bullish

COFFEED has been forming a cup pattern or rounding the bottom with higher highs and higher lows. You can observe buying volume in the last few sessions. The daily and weekly RSI are above 60, and the monthly is nearing 60. This indicates a potential upside move. It is trading near its neckline. If it breaks the trend line and retraces near it, it would be an entry point and can enter the trade for risk to reward ratio 1:3. http://dlvr.it/T5fbnD

#EURUSD - 17042024

I was bearish for a move lower for EURUSD yesterday. The levels worked very well as it capped the highs and sold back down to the lows. EURUSD could be topping, thus I am looking at a potential dip and move higher, to re-test 1.0634 and if clear, for a move higher to 1.0714. If unable to clear yesterday's highs again then could see another leg down. I am leaning towards the move higher IMO. http://dlvr.it/T5bvJY

DOGE Today. Gemini chart

Hello! the pink trace is cool. it is from the initial bearish impulse Eliot wave (12345) expanded, about 3x... so that the leg from (0-1) is now from (0-5)... This is how doge shows us what its gonna do before it does it. how the fractals propagate. Question is, does it kick in now, or does a longer range bullish fractal, like the other one of the other fractals here, take control as we bounce between these levels? If you have read my work before, you already know that I see DOGE as the one coin that most assimilates to LOVE.... mans best friend and all. and since the antithesis of love is Fear & Greed... that pretty we'll describes BTC and ETH... Well, LFG take this DOG for a loving walk... to the MOON! Love you DOGE! http://dlvr.it/T5YR82

EURUSD Drop Coming This Week.

Lookin at the RSI and Support Resistance behaviors I expect to see EURUSD to decline more. I expect 200 to 900 pips down trend once it moves out of consolidation on the Daily chart. http://dlvr.it/T5VxRQ

DOGECOIN ALL TIME HIGHS COMING IN 200 DAYS

it appears we have formed resistance at the 0.386 fib level, as drawn out by the yellow line. And believe it or not this has happened once before in late 2020. I Believe Dogecoin price will be range bound within the red box (right chart) for the next 161 days before we get the majestic WEEKLY GOLDEN CROSS that will send prices beyond the yellow line & beyond previous ATHs (purple line) I believe we will fully break ATH within 203 days of the 0.386 fib retest based on history http://dlvr.it/T5T4XF

spy short its time 3-8% correction

New thread April 510-505 I would personally buy calls all the way down to 505 10 days out for a bounce 514 Taking profit 512-514 Then I would get bk into shorts all the way down 505 or lower as low as 495 this upcoming week weekly range keeping us in a corrective phase no higher 516 as low as 495 WILL UPDATE SUNDAY NIGHT http://dlvr.it/T5RHpq

USDCAD Top Down Analysis

USDCAD Top Down Analysis H4: Directinal Bias Price is in H4 Supply Zone. Sellers are stepping in while buyers are weak. Looking for Shorting positions from the Supply Zone. H1: Technical Analysis CHoCH signals short term trend reversal and wainting to be confirmed by BOS. Short term trade will buy into the Supply Zone. H15: Short term trade Buy Limit place at M15 Demand Zone, SL below it and target M15 Supply Zone. Long term trade Sell from M15 Supply Zone, SL above the recent high, target the H4 Demand Zone. http://dlvr.it/T5NyWq

MSTR Short Sellers Face $2 Billion Hit Amid Crypto Volatility

MicroStrategy Inc. (NASDAQ: NASDAQ:MSTR ) has become a focal point of attention in the financial markets as short sellers grapple with staggering losses amounting to $1.92 billion since March. The company's foray into cryptocurrency and its recent surge in value have triggered a wave of short covering, marking the highest short losses since March. Amidst the volatility in crypto markets, MicroStrategy's stock ( NASDAQ:MSTR ) has been a magnet for short sellers, who utilize the short-selling approach to bet on potential declines in financial instruments. Despite their efforts, the company's relentless rise, fueled by its significant investments in Bitcoin and other digital assets, has caught many off guard. According to data from S3 Partners, MicroStrategy's short sellers have incurred massive losses, highlighting the impact of its bullish run that has outpaced even Bitcoin's performance. The recent approval of spot Bitcoin exchange-traded funds (ETFs) by the Sec...

S&P500; Into the Void Pt.4

The price of the S&P500 went to the top of the previous range, then to our entry and things went to plan as TP1 was hit. A retracement is expected before heading to TP2. http://dlvr.it/T5HsZr

A short is about take place, bears are kicking in.

@ price 7959.7 it is where I'm targeting to place a short, coz we are going to have a third touch at that highs trendlins & point 7959.7 when changing the candle sticks to ( Bars). You'll see that's where we have more opens buys at the very same zone. http://dlvr.it/T5F9lH

GBPUSD - Can't Be Too Certain...

For over 10 days, Cable has been trading within a choppy range and although money can be made, I feel like more money can be lost in conditions like this as I see this as another 50/50 opportunity for either 1.26800 buyside to get purged or the daily bullish order block to negate down at 1.25378. Any major moves within cable, I will update my analysis. My philosophy is simple... Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go. This includes; - Market Structure - Buyside/Sellside Liquidity - Order Blocks - Liquidity Voids - Fair Value Gaps - Optimal Trade Entry - Premium/Discount Array - SIBI/BISI - Many More! The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated. Credits; - Mic...

Bitcoin: The Halving Range.

Bitcoin appears to be in a consolidation (see converging lines on chart) as the halving event nears. Makes sense, especially since events like this tend to be "buy the rumor, sell the news". There is no way to know how Bitcoin will react going into the halving because there are many factors in play, often too many to effectively act upon. Many like to resort to history, but history does NOT repeat itself exactly the same way every time. The illustration on this chart shows the scenario that I am anticipating for the coming week. As of now, IF 68,850 is compromised, a new swing trade buy signal will be in effect on this time frame. IF the consolidation stays intact, then it is not likely to go very far (71K area resistance). This means a better way to participate is day trade with low expectations. I repeat that a lot because MOST of the time, there is little to no opportunities on the larger time frames that make sense in terms of the associated RISK. Sure you can enter at ...

GER30 - Short from S/R zone ✅

Hello traders! ‼️ This is my perspective on GER30. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is if price continues the retracement and then rejects from S/R zone + FIBO 0.5 level. Like, comment and subscribe to be in touch with my content! http://dlvr.it/T56thC

GOLD BULLISH CONFIRM BUY

Gold peaked beyond $2,300, should correct before a new leg north Gold stays in a consolidation phase and trades below $2,290 after reaching a new record-high above $2,300 earlier in the day. The benchmark 10-year US Treasury bond yield holds steady above 4.3% ahead of Fedspeak, limiting XAU/USD's upside. http://dlvr.it/T54M3s

#Banknifty:4th April

#Banknifty:4th April Step1: Flatish / GD wait for 47528. can test a long with tight SL. Step2: S-2 zone 47446-47378 (confirmed long to enter) Step3: R-1 47702. http://dlvr.it/T51Lnk

$SPX New Highs Incoming?

My analysis shows that SP:SPX is slowly pushing for new highs considering overbought conditions and lower liquidity in the market. We must see a break and Daily close above $5265 for a bullish confirmation to the upside. This current weak price action is what's reflecting weakness and low conviction to the upside for $Bitcoin as BTC mirror's its movement from SP:SPX for the most part. A break and close below $5180 will be a bearish signal and bring sell pressure for SP:SPX , we must also be aware of the MAC D Bearish divergence which confirms a bearish bias for $SPX. Let's keep an eye 🧐 on the red circle which shows us the current price action and see where this goes, I will update as needed. http://dlvr.it/T4wFbh