Recent move was only corrective We should see one more low , I will be buying at the equal legs box
?EURNZD is trading in a strong bullish trend on a 4H time frame. After a long period of bullish momentum, the pair started to trade within a sideways range for a while. The upper boundary of the range was breached today, indicating strong buying pressure. I believe that the uptrend may persist, leading the market to the 1.9030 level in the near future.
This is called a Bullish Butterfly Harmonic pattern Looking to buy in the black box
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It seems that DRIFT is completing wave C of a larger triangle, and wave C itself has also formed a triangle. We are currently in wave d of C. This wave is expected to complete within the green zone, after which we anticipate moving towards the targets for wave e of C. A daily candle closing below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Infosys (INFY) is currently approaching a key demand zone, a price level where buying interest has historically been strong, leading to potential reversals or bounces.
The main idea is that a plan to create a cryptocurrency reserve will be presented at the Crypto Summit on the evening of March 7. Before this event, large players will accumulate short positions. After the presentation of the plan, a sell-off of BTС is expected.
Pairs on Watch - FX:GBPAUD FX:GBPNZD OANDA:XAGUSD A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
How I see it: ## NFP today, trade safe ! Key resistance @ 20634.00 area Key support @ 19961.00 area Severe divergence on 4HR TF (However, NASDAQ is still very overbought in the much bigger picture) Potential "LONG" - If Price can find very strong support/demand TP 1 = 20550.00 Keynote: Nasdaq is showing strong bearish behavior... Should the week close a 1W body below 20000.00, bearish behavior could continue But it can also be accumulation at a very key psychological confluence of support around 20000.00 Bulls are defending this territory fiercely. Thank you for taking the time to study my analysis.
Do you think GOLD will go up or down today with the Nonfarm news? In the Asian and European sessions, gold will still have a sideways range, but the range will be smaller than yesterday. The price reaction will be from the 2916-2919 area down to 2900. And it's likely that today's Nonfarm news will be a liquidity sweep of buy orders to the 38.2% Fibonacci level, which is the 2970-2980 price range -In summary, this analysis predicts that: + Before the Nonfarm news is released, the price of gold may trade within a narrow range. +When the Nonfarm news is released, there is a possibility that the price of gold will make a temporary sharp move up to around 2970-2980 to "sweep liquidity" from buy orders, before potentially reversing downward.