⚡️GBPCAD is following wave 5 of the Elliot wave pattern. ⚡️The breakout from the boundary zone when there was a strong candle closing through the 1.80600 zone and the price traded above the 2 EMAs confirmed that the buyers won the market. ⚡️Expect the peak of wave 5 to end around 1.815 which is our TP 2 zone.
Our analysis using the EASY Quantum AI strategy indicates a positive momentum for the EURTRY pair. Market conditions suggest a strong buying opportunity based on historical volatility patterns and current market trends. Here's your trading plan. ? Entry Details: - Direction: Buy - Entry Price: 36.72583 - Take Profit: 36.96925667 - Stop Loss: 36.31386667 Factors influencing this forecast include recent data from our advanced pattern recognition system, which shows increased buying pressure and support at lower levels. The EASY Quantum AI strategy identifies sustained demand and positive trend signals, justifying a bullish position. Risk Management: Adhering to risk management principles, a Stop Loss at 36.31386667 limits downside risks, while a Take Profit at 36.96925667 secures potential gains. Utilize these parameters diligently. Stay informed and agile by leveraging this signal in your trading strategy. For more insights and support, explore our EASY Quantum AI tools tailored for dynamic market engagement. ? Trade wisely and manage your exposure effectively!
LTC followes Pitchfork very well. Fibs level indicates $600 and $1600 are imminent. For long-term, $6k is very easy.
After collecting cash in the green box area, ready to move to the previous ceiling
AMEX:SPY December 23,2024 15 Minutes The gap down at open managed to retrace 61.8% of the fall 605.67 to 580.91 For me trend is down as below all moving averages. For the rise 580.91 to 595.75 it is important to hold 587-588 levels today. Base is under formation after the big fall. I have no trade today.
? Direction: Buy ? Based on the EASY Quantum AI strategy, the NZDCAD currency pair shows a promising upward trend. Our analysis utilizes market pattern recognition, identifying a scenario where price movement supports a buy position. The strategy deploys a combination of market volatility, historical trends, and current market data to make precise predictions. ? Enter Price: 0.81275 ? Take Profit: 0.81434667 ?️ Stop Loss: 0.81012667 The EASY Quantum AI incorporates high-frequency data analysis, ensuring only validated trends trigger trade opportunities. For NZDCAD, the market's positive momentum and broader economic indicators align to present this buy scenario. This trade recommendation considers underlying economic stability, market volatility measures, and intraday trading patterns typical of the pair. Harness the predictive power of EASY Quantum AI for refined trading strategies, capturing ideal market movements while managing risk effectively. ? Join the strategic advantage provided by EASY Bots for optimized trading outcomes!
#RENDER The price is moving in a descending channel on the 1-hour frame and sticking to it well We have a bounce from the lower limit of the descending channel, this support is at 6.87 We have a downtrend on the RSI indicator that is about to be broken, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 7.15 First target 7.67 Second target 8.00 Third target 8.34
USDCHF New Forecast The breakout looks strong as the price has been rejecting on the resistance zone multiple times in the past before the breakout occurred. Pullback to the resistance zone that was broken which is now support is interesting. Let's see how this plays out.
FX:XAUUSD is testing the zones of interest within the counter-trend correction after it managed to break a rather strong level earlier. The fundamental background is not very good, there is bearish pressure on the market. https://www.tradingview.com/x/TEYj2QyH/ The negative impact on gold is built around the hawkish stance of the Fed (inflation, Trump's future policy and the economic data of the last two weeks). The cycle of interest rate cuts may slow to 2 rate cuts for 2025. Friday's correction is mainly due to PCE data, but I don't think it will change the global picture. Towards the end of the year, it is logical to reduce liquidity in the markets, which could increase mispriced volatility in the market. Be careful! The gold market is still supported by the conflict in the Middle East and Eastern Europe. Technically, price is forming a flag after a strong decline. At the moment the price is inside the pattern and for trading it is worth paying attention to the boundaries of the local channel. Resistance levels: 2620, 2631, 2640 Support levels: 2606, 2560 Emphasis on 2620. If the bears break the level and keep the defense below the level, it can generally increase the pressure, which will provoke the price drop. But I do not rule out an attempt to break the channel resistance and retest 2640-2650 before a further fall. Regards R. Linda!
https://www.tradingview.com/x/57F8lDvS/ Hello , trader, This is my first sharing for 2025 where i forecast the direction of US indices. Let's see how it plays out Cheers!