Gold retest the demand zone ( read caption)📣GOLD
Weekly Prediction
➡️Gold Has made a Stronger upside 🔼 move because of Strong Data🆕🆕 & a North Korean military equipment to Ukraine.🔥
🔍Now Gold Has Support zone Around 2069 - 66, Initially Gold will Fall🔽 towards Support zone & if Holds then upside 🔼2093 - 98 could be seen. I expect that Gold will test 2070 & 2052 Sharply .
Chartanalysis
STX Second launch loading Anyone who follows me knows i love me some STACKS. Last trade nailed my target and gave us a few more. We can see now price coiling up inti a pinch zone. We have tested this level a few times as support and looks to be ready for another run up. I would like to see macd and rsi break mid and base level then I'll be happy with another run with target of 3.50. Just keep in mind its very correlated to BTC and will be submissive to BTC moves
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T-Mobile US: Almost done 👀T-Mobile US in our dark green Target Zone, which extends between $161.69 and $168.80 on the chart. We assume that a bearish trend reversal will soon set in here and that the stock will then initially fall below the support level of $154.38. Primarily, we give the current wave (B) some room to make a new high in our Zone. The probability of our alternative scenario, which envisages an already deposited high with the wave alt(B), is 35%.
#NIFTY Intraday Support and Resistance Levels -01/03/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22060 level and then possible upside rally up to 22180 level in today's session. in case nifty trades below 22020 level then the downside target can go up to the 21900 level.
Cardano: Breakthrough! ⛓️💥ADA has managed to surpass the resistance at $0.64 with a pronounced upward candle. This should now provide further important bullish momentum. We primarily expect the blue wave (v) to continue before it completes the superordinate wave (4) in turquoise further up in the chart. Subsequently, a final sell-off should occur to complete the green wave (2). However, our new alternative scenario (40% likely) should not be disregarded: it considers the low of the green wave alt.(2) as already set. In this scenario, the altcoin is currently in the turquoise wave alt.(3) and will far exceed the anticipated top for the regular wave (4).
EURNZD → Day Analysis | BUY SetupHello Traders, here is the full analysis.
Price reversal going up, levels for BUY .
! Great BUY opportunity EURNZD
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[INTRADAY] #BANKNIFTY PE & CE Levels(28/02/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 46550 level then possible upside rally of 400-500 points upto 46950 level & this rally can extend another 400 points if market gives breakout 47050 level in todays session .Any Major downside only expected in case banknifty starts trading below 46450 level.
Avalanche: Gained Momentum 🔥AVAX continued to decline until last Friday. Then, however, there was a change of direction and the price shot up by more than 12%. This development strengthens our assumption that the downward swing was merely part of the substructure of the current (corrective) upward movement. We now primarily expect the magenta wave (b) to bring further significant increases. It should only end below the resistance at $56.43, where a fresh sell-off should replace it. The price should then fall back significantly to complete turquoise wave 2. However, our alternative scenario (48% probable) should be considered, which calls for sustainable rather than corrective gains. It comes into effect on a break of the $56.43 mark and already sees the coin in the turquoise-colored wave alt.3.
#ALICE/USDT See it Breaks the Trendline! 🍀ALICE/USDT trading pair recently underwent a noteworthy development by breaching a significant trend line following an extended period of consolidation. This breakout hints at a possible change in market sentiment, indicating an upswing in bullish momentum.
#ALICE/USDT LONG SCALP 🍀
Leverage: 3x
Entries: $1.212
Take profit 1: $1.306
Take profit 2: $1.511
Take profit 3: $1.844
Stop Loss: $0.897
BINANCE:ALICEUSDT.P
ARKM/USDT Confirmed breakout for Long entryBINANCE:ARKMUSDT The 1D chart clearly shows that ARKMUSDT has closed above the bullish candlestick breack the current breack trendline. Often the price can come back to retest the trendline. Otherwise it may go higher till 0.9000$.
ARKMUSDT LONG
Leverage: 3x
Entries: $0.6048
Take profit 1: $0.6402
Take profit 2: $0.6998
Take profit 3: $0.9006
Stop Loss: $0.4785
Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and sharing in the comments section:)
Thanks
The sroced.
Ascending Triangle pattern breakout in TATAMOTOTATA MOTORS LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Ascending Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 995+.
✅Can Go Long in this Stock by placing a stop loss below 930-.
Innovative Industrial Properties: Soon…⌛️👀IIPR is poised to dip into our blue Target Zone between $85.28 and $76.66 to settle the low of the blue wave (ii) and, thus, lay the foundation for the impulsive rise of the blue wave (iii). However, with a moderate probability of 25%, the price might also decide to head further south and breach the support at $69.08, pushing the turquoise wave alt.5 toward a new low.
BITCOIN MOVE UP OR DOWN? WHAT'S NEXTThe current Bitcoin (BTC) price stands at 51,668, and there is an attempt to surpass the resistance at 51,800. If successful, BTC is expected to climb to 52,500, with the subsequent target being 53,200. Conversely, a failure to breach the 51,800 resistance and a drop below 51,400 could trigger a sell-off. In this scenario, the first sell target is set at 50,600, followed by a potential decline to 49,000 if market conditions do not support sustained levels. It is crucial to closely observe the market for any indications of a breakout or a change in established patterns.
TQQQ Technical Analysis - Breakout and Key LevelsTechnical Breakout:
On November 13, 2023, NASDAQ:TQQQ experienced a significant structural shift with the breach of the $40 resistance level. The subsequent bull run in the tech sector propelled NASDAQ:TQQQ to a peak of $61.22 on February 12, 2024.
Fibonacci Retracement:
After reaching the peak of $61.22 on February 12, 2024, NASDAQ:TQQQ made an attempt to pull back, targeting the 0.618 Fibonacci level at $53.18. However, the retracement was not sustained, and NASDAQ:TQQQ returned to the previous high of $61.22 on February 23rd.
Current Situation:
As we await the market open on Monday, NASDAQ:TQQQ stands at a crucial juncture following the recent retest of $61.22.
RSI Divergence:
Since January 24th, we've observed RSI divergence, indicating a discrepancy between the price action and the strength of the trend. This could be a crucial signal, suggesting a potential shift in momentum that traders should closely monitor.
Upcoming Events :
This week brings important economic indicators:
Monday: Japan Inflation Rate
Tuesday: GfK Consumer Confidence and USA Durable Goods Orders
Wednesday: USA GDP
Thursday: USA PCE and Personal Spending
Friday: ISM Manufacturing
Market Expectations:
Anticipations are focused on the USA GDP, expected to perform worse than forecasted . This could influence market sentiment and potentially impact NASDAQ:TQQQ 's performance.
Forecast:
Given the current technical setup, RSI divergence and the upcoming economic events, there is a likelihood that NASDAQ:TQQQ could move towards the 0.5 Fibonacci level of $50.69 by Friday, March 1st. Traders should closely monitor developments and be prepared for potential volatility.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own research and consider risk factors before making any investment decisions.
OIH: Keep Going! 👏OIH is on its way toward our green Target Zone (between $$321.09 and $339.97), nearing the last local high from the end of January. We expect the ETF to arrive in said Target Zone during the orange wave ii before the orange five-wave downward structure should continue, ultimately concluding below the support at $277.30 (but still above $250.69). Still, there is a 32% chance that the orange wave Alt.ii has already finished without reaching our Target Zone, which would be confirmed by the price dropping below $277.30 earlier.
#DXY possible bullish reverse head and shoulder patternI believe this bearish move, which we are observing in the 1-hour timeframe market structure, is a bearish corrective move. Consequently, there is a possibility of a bullish continuation move in the Dollar.
Upon closer inspection, we can see the formation of a reverse head and shoulder pattern , which is an intrinsically reversal pattern and signals a potential bullish move.
If the price manages to break above this bullish pattern and a short-term bearish trendline, we could assume that our higher timeframe bullish move would possibly continue.
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Boeing: Approach for a Landing 🛬In line with our primary scenario, the Boeing stock price is pitching further downward. Soon, the magenta wave (2) should find its completion above the $176 mark. Subsequently, we expect rises above the resistance at $267.54. However, this primarily anticipated uptrend could be interrupted halfway. If the price reverses before reaching the resistance at $267.54 and falls below the $176 mark (37% likely), we will have to assume that it will land in our dark green Target Zone between $172.25 and $130.78.
AUDUSD BUY | Day Trading AnalysisHello Traders, here is the full analysis.
The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY opportunity AUDUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Philip Morris: Sleepyhead The Philip Morris stock is moving mainly sideways with only a slight hint to the upside. However, to follow our primary route again, the tired Philip should soon awaken from its slumber and regain bullish momentum. The turquoise wave B should extend into our turquoise Target Zone (between $119.47 and $123.80) to establish its high. Only afterward do we reckon with sell-offs, which should push the price into our green Target Zone (between $77.61 and $62.42). The green wave should settle its low in this range before a sustained upward move can be ventured. On the other hand, there is a 35% chance that PM will surpass our turquoise Zone, thus confirming that it is already busy with the green wave alt. .
XAUUSD 100% CONFIRM ANALYSISDiscover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Avalanche: In the Mood for More!February has been very positive for the AVAX price so far. In the next step, the altcoin should establish the high of the magenta wave near the resistance at $56.43. Thus, the latest bearish pressure should be conquered soon in favor of new upward momentum. As part of our primary scenario, the upcoming wave high should initially be followed by a sell-off until the low of the turquoise wave 2 is settled. However, there is a fairly high 40% chance for a clear breakout above the mentioned resistance. In this case, the turquoise wave alt.2 would have already been finished.