Drawing fibonacci from last fvg created to previous high. Price will retrace to next bid level, - fib 382 retracement, for bearish continuation. Confirmations - Level to retest - fib 382 retracement. Level not to break - fib 382 retracement. Trade Invalidity - Change in market direction will be confirmed when price breaks 'price-point', 1.85252, and retests. Price must maintain level to continue bull-trend. - FX_Dispenser, You're Welcome.
This chart appears to highlight a technical analysis of gold prices (CFDs on Gold, US$/OZ) on a 30-minute timeframe. Key points include: 1. Resistance Level: Marked around $2,640, showing an area where the price has struggled to break higher. 2. Support Level: Around $2,600, acting as a strong price floor. 3. Next Target: The analysis suggests a bullish move toward $2,640.
With a simple Elliot wave look at the overall Gold chart this looks to be the top of all tops sending it to demand for a supercycle leg 2. Supporting info. IMO the US will sell aggressively to cover expenses the government's money printer won't. There are also newly discovered gold deposits across the planet that will be mined and released to the market to help the economy of the mined countries. this will also make hardware for newer tech to be built cheaply giving tech the ability to use gold much more than they do now. giving space exploration a massive boost in the coming years. Stay safe in this bear market to come and enjoy it, we won't get one like this for a very long time if ever. PS. Leave your immaturity to yourself, you won't get a response from me just because you don't agree or you're upset that I'm speaking the truth and won't be invested like you want to so I can lose along with 90% of the market.
Pinning after containment of sales. ?Purpose: 0.73 ‼️Risk per trade: 0.5-1% of the allocated funds for spot trading. Thank you for follow and the reaction?.
Pinning after containment of sales. ?Purpose: 19.307 ‼️Risk per trade: 0.5-1% of the allocated funds for spot trading. Thank you for follow and the reaction?.
Btc/Usd Well I had Hidh Hopes But due to ceryain market conditions I am afraid the party is over for now. See Notes
Sometimes, you can enter a trade without an overarching structure or a correction level guiding the direction. This is a prime example. After an intriguing sideways movement, marked by almost textbook ups and downs, we saw the range break briefly to the downside—a classic range spike, or as some call it, a fakeout. This fakeout has trapped short-sellers, and as their positions get liquidated, they’ll fuel upward momentum. Interestingly, the range spike ended precisely at the resistance line of our broader structure, highlighted in red. Given this, I don’t expect us to revisit the target level, and the structure is effectively complete. This is an ideal spot for a long position. Even without bullish structures forming, the chart has only one direction to go from here—up and to the right.
EUR USD Entry Setup 1 hour timeframe ⏰? Fib Retracement Level
Short on resistance .nifty making triangle.bearish flag
Happy New Years Eve Traders, I'm looking for the marked levels to hold and BTC to send to 109k new ATH.