This chart reflects my interpretation of the Elliott Wave principle, focusing on the rule of alternation. I've mapped a running flat in wave (II) and an expanding flat in wave (IV), which feels valid in this structure. Currently, I'm tracking the final stages of wave 5 in the weekly count – potentially setting up for a daily leg higher into wave (V). Key levels to watch: Weekly vector body: 5,928 Daily vector body: 6,110 Final target zone: around 6,200+ Human behavior doesn’t change — the cycle will always repeat. The carry trade could unwind at point X or at the end of daily wave 5. Let’s see how it plays out. This is not financial advice – purely my perspective for learning and discussion. I Salute You -The Market Architect-
I m very sure that Etherium will very bullish in coming days so traders don't escape this opportunity 2800 is very good zone where market can reach .
The bulls on EurAud don't seem to be done yet. Just last week, EurAud hit a 3 year ATH. What is price going to do next? Higher prices or is it time for a reversal?
*GBP/JPY Sell Alert: Don't Miss Out!* *Key Points to Consider:* 1. *High-Probability Sell Opportunity*: A critical resistance level has been reached, increasing the likelihood of a reversal. 2. *Yen Strength*: A strengthening Japanese Yen, driven by safe-haven demand and positive economic data, may exacerbate the GBP/JPY decline. *Trade Specifications:* - *Sell Entry:* 193 - *Profit Targets:* - TP1: 191 (50 pips) - TP2: 188 (100 pips) - *Stop-Loss:* 194 (10 pips above entry) *Market Context:* The GBP/JPY pair is consolidating, with market participants awaiting key economic data releases and Brexit updates. A break below 191 could trigger a sharp decline. *Trading Strategy:* Sell GBP/JPY at 193, with a stop-loss at 194. Use the profit targets to take profits or adjust the stop-loss to break even. *Actionable Insights:* - Monitor the GBP/JPY pair closely for a potential breakdown below 191. - Adjust your trading strategy according to market conditions and economic data releases. - Keep an eye on the Japanese Yen's strength and its impact on the GBP/JPY pair. *News and Market Analysis:* - *BOJ's Monetary Policy Decision*: The Bank of Japan's decision to maintain its monetary policy stance has strengthened the Japanese Yen. - *Brexit Uncertainty*: Ongoing Brexit negotiations and uncertainty surrounding the UK's departure from the EU may weigh on the British Pound. - *Global Economic Slowdown*: Concerns over a global economic slowdown may drive investors towards safe-haven assets, such as the Japanese Yen. *Your Feedback Matters:* If this trade idea and analysis helped you, please: Keep your best wishes to the Travis ? - *Like* to show appreciation - *Share* your opinions and feedback - *Follow* for more trade ideas and market analysis
Gold is not very bullish in next week there will be a short temper upside but there is big opportunity to buy in dip but not below 2955 coz there is big support and as well a big opportunity to buy , as of trader perspective their is single movement of 800 pips so try to capture it . good luck for next week friends
Hey Traders!! Feel free to share your thoughts, charts, and questions in the comments below—I'm about fostering constructive, positive discussions! ? What is CLS? CLS represents the "smart money" across all markets. It brings together the capital from the largest investment and central banks, boasting a daily volume of over 6.5 trillion. https://www.tradingview.com/x/aVeVgSeN/ ✅By understanding how CLS operates—its specific modes and timings—you gain a powerful edge with more precise entries and well-defined targets. https://www.tradingview.com/x/C4QY64nH/ ?️Follow me and take a closer look at Models 1 and 2. These models are key to unlocking the market's potential and can guide you toward smarter trading decisions. ?Remember, no strategy offers a 100%-win rate—trading is a journey of constant learning and improvement. While our approaches often yield strong profits, occasional setbacks are part of the process. Embrace every experience as an opportunity to refine your skills and grow. Wishing you continued success on your trading journey. May this educational post inspire you to become an even better trader! “Adapt what is useful, reject what is useless, and add what is specifically your own.” David Perk ⚔
However, please note, this is just an idea, and further financial analysis, including news and fundamental factors, should be considered before executing any trades This is a potential short-term trade idea for XAUUSD. We are observing the current price action as it reaches towards the 3055 level, approaching the lower trendline near 2999, which is a key support zone. There's a possibility that the price will break this support and continue downwards. Currently, the 20-period moving average (MA) has crossed below the 50-period MA, signaling a potential bearish trend. If the price breaks the lower trendline, it could confirm a continuation of the downward movement.
The Pi Network's price has been experiencing significant fluctuations recently. After a sharp drop of over 20%, the price fell below $0.90, with resistance levels identified at $1.20 and $1.50-$1.80. If the price breaks below $0.80, it could decline further to $0.60. However , some experts suggest that the Pi Network could rally back to $3, citing factors like potential exchange listings, merchant partnerships, and ecosystem advancements. The introduction of Pi-based domains and growing adoption might also contribute to its recovery. The market sentiment remains mixed, with concerns about delays in the mainnet launch and exchange listings. If you're following Pi Network closely, it might be worth keeping an eye on these developments. And one more thing, If Pi network will enter the ETF market... If Pi Network were to enter the ETF market, it could potentially boost its price and credibility significantly. Analysts suggest that an ETF approval by the SEC could lead to increased inflows and validate Pi Network as a legitimate cryptocurrency. This move might also quell concerns about its legitimacy, as ETFs often attract institutional investors. Pi Network's large market cap and liquidity make it a strong candidate for ETF consideration. However, no application for a Pi ETF has been made yet. If approved, it could lead to a surge in Pi's price, with some predictions suggesting it might even reach $100 in the long term.
hello trader's. Current price: 3022 Gold Friday created shoulder head shoulder. And gold breakdown (sh-head-sh) and support zone market hit the 3000. And gold retest 3023 . Mind be possible gold touching 3026-3045 then gold drop to down side. Support 3000 market breakdown 3000 then gold fall down Sell zones: 3026-3045 Tp1 3000 Target 2980 Please like comments and follow thankful
SIME Trading Plan Entry Price (EP): RM1.96 Take Profit (TP): RM2.00 (2% gain) Stop Loss (SL): RM1.94 (1% loss) Risk-Reward Ratio: 2:1 Strategy: Enter at RM1.96 with bullish confirmation (e.g., strong green candle or volume spike). Exit at RM2.00 for profit or RM1.94 to limit losses. Risk only 1-2% of total capital for controlled exposure. Tip: Monitor for positive market sentiment or strong sector performance for added confidence.