In our early years as a channel we used to do a lot of analyses on the similarities of Bitcoin (BTCUSD) and Gold (XAUUSD) and how Gold Cycles could help predict BTC's future prices. The latter is called the 'digital Gold' after all. Going back to our roots, we present to you today our latest cross-cycle comparison between the two assets, which offers interesting insights. As you can see, the Cycles of those two aren't always aligned. The correlation tends to end when Gold peaks and when it bottoms. As you can see since 2018, when Gold starts a Bull Cycle, Bitcoin tends to lag behind, still being on its Bear Cycle. Then the two converge and correlate until Gold peaks and start its Bear Cycle. That is still relatively early for Bitcoin's bullish trend, which remains on its Bull Cycle, in fact has around 1 year ahead of it. As a result, the two start to diverge again. Based on this model, it appears that Gold's Bull Cycle has peaked and Bitcoin is entering (black circle) its last stage of its Bull Cycle, with a Parabolic Rally being prepared. Still not too late to buy the 'Digital Gold' on this Cycle. Do you agree with this correlation? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ?????? ? ? ? ? ? ?
The price is approaching the resistance zone at 2721.148, a level previously tested and rejected. A bearish pullback from this area could drive the price toward the support at 2649.948. If momentum builds further, the next target could be around 2591.581. Watch closely for confirmation near the resistance before making any decisions. Trade smart and stay sharp, traders! ?
Harmonic Pattern Trading Strategy: 1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy. 2. Implement proper risk management. 3. Limit exposure to 3% of capital per trade. 4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity. 5. Conduct thorough diligence and analysis before trading. Disciplined approach = Enhanced edge.
GBP/USD Price Action Update: ? Current Price: The pair is currently hovering around key levels, with resistance, likely near the 1.2215 region. ? Next Resistance: A break above 1.2250 could target the 1.2300 level, potentially opening the door for further bullish movement. ? Downside Support: A strong support zone is seen near 1.2190 , providing a potential floor for any bearish move. ? Market Outlook: - Watch for a break above 1.2250 to confirm bullish momentum toward 1.2300. - A pullback to 1.2250 could offer an opportunity to buy if the pair holds support. #GBPUSD #Forex #PriceAction #TechnicalAnalysis #MarketUpdate.
CADCHF Struggling to Rise Further: Possible Decline Expected It looks like CADCHF has completed its bullish trend, and there's a good chance it may start another short-term bearish trend. CADCHF appears to be entering another correction phase, similar to what it experienced before. It is expected to move down further in the coming days, influenced by upcoming news from the US. Support zones are anticipated near 0.6337, 0.6325, and 0.6310. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Eased concerns over US President-elect Donald Trump's proposed trade tariffs have bolstered investor confidence, as reflected in the generally positive sentiment across equity markets. Additionally, the strong US jobs report has reinforced expectations that the Federal Reserve will pause its rate cuts later this month. This has kept US Treasury bond yields elevated, which could limit traders' appetite for aggressive bullish positions on non-yielding Gold. Attention now shifts to upcoming US consumer inflation data for fresh market direction. ⭐️Personal comments NOVA: M15 short term frame - shows price broke 2680 zone and is trending up stronger ⭐️SET UP GOLD PRICE: ?SELL GOLD zone: $2697 - $2699 SL $2704 TP1: $2690 TP2: $2680 TP3: $2670 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
silver long target 1 DONE 80% LEV X 100 16% LEV X 20 In 2025 will you remain as passive as in 2024? You won't try anything? you won't learn anything? You will end up like in 2024 with nothing in hand. FINANCIAL MARKETS ARE AN OPENING. ENJOY IT! INVEST IN YOUR TRAINING IT’S A JOB WITHOUT EMPLOYERS BUT WHICH MAKES YOU FINANCIALLY FREE
Dear friends! Overall, in the last three sessions, JPY has shown significant strength compared to the USD, although even the recent USD has soared to the highest level in more than two years. However, JPY seems to be losing momentum when investors shift the concentration to the upcoming US consumer price index (CPI) data for December, expected to be announced on Wednesday. Technically, based on EMA 34 and EMA 89 to maintain a stable slope without clear signs, I have the expectation of the short -term discount trend will continue. However, in the long term, it is capable of recovering from the main support level of about 156.50, with prices capable of towards the upper boundary of the increase channel. Wish you all a great day filled with success and luck on your journey!
Based on the chart: - **Pattern Formation**: A classic Head and Shoulders pattern is visible, indicating a potential bearish reversal. The price action has tested the neckline, followed by a possible retest near the "right shoulder." - **Key Zone**: The area around $98,000 is marked as a "possible sell zone" and aligns with the retest of the neckline. - **Breakout and Retest**: The price seems to have broken the neckline of the Head and Shoulders pattern and is currently retesting it. If the retest holds as resistance, a strong downside move could follow. - **Target Levels**: Based on the projected move, the target appears to be around $79,350, with intermediate zones likely around $90,000–$87,000 for partial profit-taking or reactions. - **Strategy**: A sell setup near $98,000, with invalidation if the price closes convincingly above the neckline, could be considered.
The price has gradually formed a triangle on the 4-hour time frame, and I don't think this is a descending triangle. This could potentially raise the price to 0.04 in the medium term. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.? _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and ?Follow?! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!