Last Friday, something happened in the Oval Office that could change our world. It is not the first time that the question of gratitude has upset a US president. But as always, it makes no sense to get political and draw conclusions. So we stick to the strategy: we don’t know everything, the markets know […]
Yesterday, the gold market opened high at 2860.6 in the morning, then the market rose to 2876.9 and then fell back. After filling the gap to 2858.3, the market was supported and rose strongly. The daily line reached 2895.3 and then the market was consolidated. The daily line finally closed at 2893.3 and the market closed with a big positive line with a slight shadow. After this pattern ended, the daily line broke the short-term pressure and there is still a rebound demand today. Short-term operation: Buy: 75 Stop loss: 65 Target: 95 05 15
$38.00 put 4/17. $165.00 credit. $36.35 breakeven.
#USDT.D closed the daily above the PSL at 5% after bouncing from the 2D Demand level + 4H HOB located at 4.58%. The upside liquidity sitting at 5.6%-5.7% will likely be taken, which will likely coincide with 77K or potentially 72K BTC & 1900-1700 for $ETH. It could reject from the current liquidity block at 5.3%, but because we closed above 5% again, the probabilities of 5.6-5.7% increase. This should also coincide with some lower liquidity levels on some of the alts like #AR, #ETH, #TAO, #ATOM.
Airbnb’s 50% fibonacci retracement coincides with the middle price of the previous year. Therefore, if we observe a significant increase above 144.81, it would make sense to consider taking a long position.
Repeat and repeat but at the end the US will dictate the market!
It looks ridiculous to buy at the support of a longer term down trend(15 Minutes), however, I spotted this setup on the 1 Minute Time Frame, and my initial SL size was 7 pips or so. My earnforex RR calculator says that 1k on 7pips is over-margin, but when I clicked T, and clicked enter, the position went through. LOL. I think the calculator might have some issues. 1154SGT 04032025
Short Term Elliott Wave View in Gold (XAUUSD) suggests that cycle from 12.18.2024 low is in progress as a 5 waves impulse. Up from 12.18.2024 low, wave 1 ended at 2956.15 as the 1 hour chart below shows. Pullback in wave 2 unfolded as a double three Elliott Wave structure. Down from wave 1, wave (a) ended at 2923.8 and wave (b) ended at 2944.93. Wave (c) lower ended at 2888.09 which completed wave ((w)) in higher degree. Rally in wave ((x)) ended at 2930.11 and the metal has resumed lower. Down from wave ((x)), wave (a) ended at 2867.57 and rally in wave (b) ended at 2887.68. Final leg wave (c) lower ended at 2832.37 which completed wave ((y)) of 2. The metal has turned higher in wave 3. Up from wave 2, wave (i) ended at 2876.9 and wave (ii) ended at 2858.74. Wave (iii) higher ended at 2893.07 and pullback in wave (iv) ended at 2878.11. Expect wave (v) of ((i)) to end soon, then it should pullback in wave ((ii)) to correct cycle from 2.28.2025 low before it resumes higher. Near term, as far as pivot at 2832.3 low stays intact, expect dips to find support in 3, 7, or 11 swing for further upside.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 498/61.80% Chart time frame: B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: C A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
hello friends Considering the heavy fall that we had, the price was able to maintain itself and with the specified support, we are going for the specified goals, of course, with risk and capital management... *Trade safely with us*