My feeling here is we are finishing a B wave down in the next day or two and then a C wave up to 5900 +. I explain the structure and RSI on SP500
The gold market has recently shown a significant bullish pattern, and prices have repeatedly broken through previous highs. From a technical perspective, the hourly chart of gold shows a breakthrough trend, successfully breaking away from the previous narrow consolidation range. The short-term moving average system maintains an upward trend and maintains a strong oscillating rhythm. The current price retracement has effectively repaired the technical pattern. It is expected that the late trading will continue to maintain a high-level oscillating pattern, with a focus on the performance of the pressure zone near the previous high. There is no clear trend feature in the hourly chart, and it is necessary to continue to observe the short-term adjustment and repair process. The recent price fluctuations are large, and investors are advised to strengthen risk management. For late trading operations, you can pay attention to the long order entry opportunities in the 3038-9 range, and set the stop loss at 3031.6.Gold showed a trend of fluctuating upward, reaching the highest point of 3056. After adjustment, it rose again, setting a new historical high of 3057. The current bullish trend of gold is still strong. The hourly chart shows that the moving average system is in a bullish arrangement, the MACD indicator is golden cross and the volume is large, the Bollinger band is opening and expanding, and the gold price is running along the upper track of the Bollinger band. Based on the above analysis, it is recommended to continue to rely on the opportunity of stepping back to go long on gold. Operation strategy: 1. Go long on gold at 3038-40, stop loss at 3030, target 3050-60; 2. Buy gold around 3046, protect 3036, target 3060-3080.
Currently, in the 4-hour time frame, the crude oil price is temporarily maintaining a high-level oscillatory consolidation. However, after consecutive periods of oscillation, there are signs that the technical pattern is gradually weakening. The short-term moving averages are beginning to gradually turn downward and diverge, and the K-line is starting to be under pressure from the short-term moving averages, maintaining a slightly weaker operating trend. It is believed that there may still be a certain room for adjustment in the short-term trend. In terms of trading operations, consider the short position opportunity around 69.7-70. USOIL Trading Strategy: Sell@69.7-70 TP:68 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
//@version=5 strategy("Reverse after 15-20 Candles with Scaling", overlay=true) // حساب اتجاه الشموع upCandle = close > open downCandle = close < open // تتبع عدد الشموع المتتالية في نفس الاتجاه var int upCount = 0 var int downCount = 0 upCount := upCandle ? upCount + 1 : 0 downCount := downCandle ? downCount + 1 : 0 // حساب حجم العقد بناءً على عدد الشموع lotSize = upCount >= 15 and upCount = 15 and downCount = 15 and downCount = 15 and upCount
it's the same previous set up just this is the safest one looking to target ? the equal lows and stops above the consolidation of the OB
I believe markets will go down ~10% coming days into 2nd of April. The market will not stay complacent and take profit just in case to see what will happen. Some believe Trump will cancel or postpone the tarrifs again, but he can't do that each time or people will not believe him anymore. Perhaps the big move down will be because the EU will announce their counter tarrifs against the USA.
HI friends, Today we are going to analyze SUI/UST in 4H time frame As we see that we have a key support level at $2.08 and also we had a strong 4 hours resistance trend line which is broken with good volume. Also as marked on the chart we have a key resistance area at $3.6 which is a key level for retaining its bullish momentum.
AMEX:MSOS hit my long term downside target yesterday of $2.46 and I entered a starter position down there. It's up 9% today. There is still the possibility that we get a final capitulation move from here down to $1.55 or so, and if we get it, I'll add a much heavier position. But basically from here, I think we've bottomed long term and should see a very healthy bull market start which can take us to $29 as a first target and then potentially much higher in the future. I think this is at least a 10X from a long term hold perspective and potentially much more.
We've seen price break below the weekly compression channel by approximately 15% which is historically a very common pattern for bitcoin. From here we typically see a push to the upside, this could be the start of the 2nd bull run. Time to accumulate! Target is around $150,000.
If ADBE is able to jump above the Centerline, it probably will retest it, and then take off to the upside. If ADBE is not able to crack the CL to the upside, then it's new projection is to the downside. The natural target is the L-MLH. But let's not forget the 1/4 lines! These often act as good support. Specially with a catalyst like good News around the same time, it could bounce from there. So, that's why one of my PTG is always at these 1/4 line levels.