I have analyzed based on the trend and different techniques of Gann. It is weak. It should go down as per chart. Target is apple.
Loading up on Nano here, with v28 (Electrum) on the way, Nano is looking brighter than ever before and can only get better from here. p.s: I love the technology
I have analyzed it using trend , wave & Gann techniques. It is looking week. This is my monthly projection for February month. First target is 1108 and then second target.
Economically - Trump has placed Tariffs on Canada, Mexico and China Technically - Chart has given a falling wedge into a major support/demand zone and has broken a downtrend line to the upside. I expect oil will reach $80 Entry - 73.88 SL - 71.39 TP - 80.00
We are testing a support. Don't panic When everyone says "no alt season" is time to buy. Altcoin rally in 3..2..1...
Many have been anticipating Gold to move in both directions. Some are expecting a nice drop while others are camping out for that long. I've been on both sides. Here, I explain my reasons for wanting to Long Gold (XAUUSD) with anticipated targets for both a short-term sell and the buy continuation. Please boost this if you like my ideas. Comment with your thoughts and/or agreement. I look forward to connecting!
the tariff tax while have a big short term sell of in the markets this week
BTCUSD Technical Analysis: Note: The following analysis is based on standard technical indicators and chart patterns. For a comprehensive assessment, it's advisable to consult detailed charts and possibly a financial advisor. Exponential Moving Averages (EMA): 15-Minute Chart (M15): The 50-period EMA is below the 200-period EMA, indicating a short-term bearish trend. 1-Hour Chart (H1): The 50-period EMA is converging towards the 200-period EMA, suggesting potential consolidation. 4-Hour Chart (H4): The 50-period EMA is above the 200-period EMA, indicating a longer-term bullish trend. Support and Resistance (S&R): Immediate Support: $92,000 Immediate Resistance: $100,000 A break above $100,000 could open the path towards $106,000, while a decline below $92,000 might lead to a test of $87,000. Fibonacci Retracement Levels: Applying Fibonacci retracement from the recent swing low to swing high: 38.2% Retracement: $94,000 50% Retracement: $92,000 61.8% Retracement: $90,000 These levels may act as potential support zones in case of a pullback. Alligator Indicator: On the M15 chart, the Alligator's Jaw (blue line), Teeth (red line), and Lips (green line) are intertwined, indicating a lack of clear trend. On the H1 and H4 charts, the lines are aligned upwards, suggesting a bullish trend. Candlestick Patterns: Recent charts show the formation of bearish Marubozu candles on the M15 timeframe, indicating strong selling pressure. Chart Patterns: A potential diamond pattern is forming on the H1 chart, which could indicate a trend reversal if confirmed. Supply and Demand Zones: Rally-Base-Rally (RBR): Identified around $93,000, indicating a strong demand zone. Rally-Base-Drop (RBD): Observed near $100,000, suggesting a potential supply zone. Elliott Wave Analysis: The current structure appears to be in Wave 4 of a 5-wave impulsive pattern, typically a corrective phase before the final upward movement. Gann Analysis: According to the Gann Square of Nine, significant price levels to watch are $92,000 and $100,000, which align with key angles. Trade Recommendations: Buy Limit Order: Entry: $94,000 Stop Loss (SL): $92,000 Take Profit (TP): $100,000 Sell Limit Order: Entry: $100,000 Stop Loss (SL): $102,000 Take Profit (TP): $94,000
I was about to post this earlier but was quite busy, anyways I have my targets set and bias determined, last week has shown some weakness by the moment the markets closed as we have received the strong short reaction from the median of the bearish breaker. We have also opened with significant NWOG which I expect to be partially retraced and use it as the range to be positioned short, however, not thoughtless. I will be looking after this range because the retracement levels will tell us of the following dynamic, we can surely surge now and breakdown to the sellside but this will be very bearish and weakness signal which I believe we are unlikely to see unless there is some gigantic manipulation coming in which will drown the markets down. I expect the level of 20700 to be swept after which I will look at the price action dynamic to determine the future direction
? Market Overview: Last week, gold reached a new all-time high (ATH) but is now facing strong resistance, aligning with the predicted USD rebound from our previous DXY plan. With the Lunar New Year holidays over, liquidity has returned to the market, bringing more trading opportunities in the Asian and European sessions. USD Strength: Positive U.S. economic data and the Fed’s decision to keep rates unchanged in January continue to support the dollar, creating potential pressure on gold. However, gold’s persistent breakout attempts suggest strong bullish sentiment, with price action still respecting a sustainable parallel upward trend channel from the start of the year. ? Key Market Events This Week: Nonfarm Payrolls (Friday): A crucial event that will determine short-term USD momentum, significantly impacting gold price action. Investors will adjust their positions accordingly, increasing volatility. ISM Services PMI (Thursday): This report will provide further insight into U.S. economic activity and could influence USD strength. Technical Market Reaction: Gold remains in an uptrend, but recent reactions at Fibonacci Extension (FE) levels indicate temporary selling pressure at key resistance zones. ? Technical Analysis for XAU/USD: Key Support Levels: $2781 - $2777: Immediate support in today’s session. $2770 - $2763: Stronger support for a deeper retracement. Key Resistance Levels: $2801 - $2808: Short-term resistance range for intraday trading. $2830 - $2836: Major resistance zone, critical for trend continuation. ? Trading Plan for Today: BUY ZONE: Entry: $2773 - $2771 SL: $2767 TP: $2776 - $2778 - $2782 - $2785 - $2790 - $2795 - ???? SELL ZONE: Entry: $2834 - $2836 SL: $2840 TP: $2830 - $2827 - $2824 - $2820 - $2815 - $2810 ⚠️ Important Notes: Market volatility is still high, and liquidity is returning, which may lead to unpredictable price swings. Caution: Adhere to TP/SL levels strictly to protect capital and avoid overleveraging. ? What’s Your Take? Will gold continue its bullish momentum, or will we see a deeper correction before Nonfarm? ? Follow KevinNguyen-SimpleTrade for real-time updates and premium trade setups! ?