Harmonic Patterns
Would BTC ever touch 100k?This is 12H and based on pure pattern, Normally this pattern is made bullish where it would touch up, but while the market is moving, its shaking both the shorts and up-s liquidity, which means BTC would try to defy the pattern by rolling it dowm, remember when this type is made on big coins, it takes and falls down, however its based pure on PA
CHFJPY Technical and Order Flow AnalysisOur analysis is based on multi-timeframe top-down analysis & fundamental analysis.
Based on our view the price will fall to the monthly level.
DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you.
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EURCHF Technical and Order Flow AnalysisOur analysis is based on multi-timeframe top-down analysis & fundamental analysis.
Based on our view the price will rise to the monthly level.
DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you.
Please support our analysis with a like or comment!
EURUSD H4 | Bearish Drop Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.1374, which is a pullback resistance.
Our take profit will be at 1.1144, a pullback support level that aligns with the 61.8% Fibo retracement.
The stop loss will be placed at 1.1573, which is a swing high resistance level.
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Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPUSD H1 I Bullish Bounce Off the 61.8%Based on the H1 chart analysis, the price is falling toward our buy entry level at 1.3339, a pullback support that aligns with the 61.8% Fibonacci retracement.
Our take profit is set at 1.3411, an overlap resistance.
The stop loss is placed at 1.3285, an overlap support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Gold is in a long-short tug-of-war, waiting for a breakGold enters the range fluctuation in the 4-hour chart. From the chart, we can see that the trend is triangular, with high points gradually moving down and low points gradually moving up. When the space cannot be expanded, there will be a breakthrough in one direction. There will be news this week. Therefore, short-term trading still depends on highs and lows. The daily chart MACD begins to cross downward. The daily chart is horizontally consolidated and paused, unable to set a new high, and there is still a need for short-term correction. In summary, I suggest that short-term operations should focus on long and short positions, supplemented by long positions.
Gold suffers from short selling and may fall sharply!The market is basically in a weak decline during the day, and the rebound is not strong. The hourly chart shows more negatives than positives, which shows that there is still a decline. As for the position selection, it is not recommended to chase the short position. If it can reach the high point of 3323-3324, it is still possible to continue to short. The support below is 3287-3270. If it falls below the low point of 3260, then pay attention to the top and bottom conversion position of 3245.
Gold prices are expected to break upwardGold prices are expected to break upward
As shown in Figure 4h:
The rising channel, sideways channel and falling channel of gold prices form a triangular oscillation pattern
At present, the average price of triangular oscillation converges around 3320
I think the gold price is likely to break upward and return to the high of 3400+ again, and form an M top with the previous high near 3500, forming a double top structure.
Focus on the suppression near 3330-3340.
Once an effective breakthrough is formed, continue to follow up and do more.
In fact, we have arranged to do more in the 3310-3320 range and have been holding it, with a stop loss set at 3288-3295.
Today is April 30th, and the Asian market is about to enter the closed stage.
We need to pay attention to the chain changes brought by the Asian market.
Due to the May Day holiday, the Asian market is closed for 4 days, and the Asian market is currently the main purchasing power of gold prices. Will there be a superposition of risk aversion, or a direct squeeze?
This will inevitably bring some uncertainty.
Today's strategy:
Buy around 3300-3310
Stop loss: 3288-3295
Target: 3340-3360-3400
Hold firmly
Is the gold price trend bullish or bearish today?From a technical perspective, gold prices reversed their decline on Monday and rose. Gold repeatedly tested the 3260-3270 area for support. Gold has formed multiple bottom structures in the short term, so the short-term adjustment of gold may end. This time, gold has already adjusted, and it is unlikely to adjust again. Therefore, as long as the low of 3260 is not broken in the near future, gold will rise and there will be room for growth. As for the high point, there are two dividing points, one is the 3337 high point. If it breaks 3337, it will be a strong shock. The other is the 3370 high point. If it breaks 3370, it will be absolutely strong. Then, the upper space will open up, and we can look at 3420-3500.
It is recommended to go long if it falls back to 3300, stop loss at 3295, and target at 3315-3320; go short if it touches 3345-3340, stop loss at 3350, and target at 3330-3320;
The gold daily line switches between yin and yang in a cycle!Gold fell back after hitting the 3500 mark, and the current low is temporarily stable around 3260. The daily cycle shows that the gold price has failed to test the support level for three consecutive trading days, and the pattern shows a wide range of fluctuations with alternating Yin and Yang lines. In this market, blindly chasing orders is risky because the price lacks sustainability and the long and short forces frequently switch. On the 4-hour chart, gold showed a small range consolidation, and the Bollinger Bands contracted, further confirming the oscillating pattern. The current trend is waiting for external factors to stimulate it, and the fluctuation of the US dollar index and the change of risk aversion will become the key drivers.
CORZ / 4hThere is no change in the prior NASDAQ:CORZ 's analysis in this frame. The wave structure of the 34% advance would suggest that the countertrend rally of Minor degree wave A should be underway.
The price might reach the origin of the diagonal wave ((v)) >> 9.45. In which case, the rising tide since mid-April will be revealed in a thorough five-wave impulsive sequence and highly confirmed, continuing the advance towards the anticipated Fib-targets >> 10.75 >> 12.24.
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Gold fluctuates, waiting for data to guide the directionIn the recent volatile market, we must restrain the impulse to chase the rise and sell the fall. In terms of operation, it is recommended to go high and sell low in the range of 3270-3360: do not chase long above 3340, and go short on highs; do not chase short below 3280, and go low on callbacks. If the trend effectively falls below 3260 and stabilizes, it will be regarded as a medium-term long signal, rather than a stop-loss exit opportunity. The 1-hour moving average of gold begins to converge, but it continues to diverge downward. It seems that the surge of gold is just to lure more. Gold has been up and down recently, but the overall shock is still bearish. Whether the current shock of gold will eventually reverse upward, or is it just a relay of the decline, the data of gold in the second half of the week may give the answer. Since gold also rushed up and fell under the stimulation of risk aversion, it means that gold is still under pressure from above.
Investment strategy: Gold 3335 short, stop loss 3345, target 3270
WULF / 4h#TeraWulf has continued to advance >> 54% in April, suggesting that the countertrend rally of Minor degree wave A should be underway.
The price might reach the origin of the ending diagonal wave ((v)) >> 3.52 in the coming days. In which case, the rising tide will be thoroughly revealed in a five-wave impulse and highly confirmed, continuing the NASDAQ:WULF 's advance towards the anticipated Fib-targets >> 4.38 >> 5.23.
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