#GOLD traded at nearly 2710 per once on friday. ...it is near its highest monthly level and posting its third weekly . Recent US economic data, including lower than expected core inflation and disappointing retail sales data has revived hope that the Federal Reserve may cut rates more than once this year Technically it has broken the triangle buy now or the broken resistance
From the visual appearance of this harmonic pattern, it most closely resembles a Gartley pattern due to the following key characteristics: 1. **AB Retracement of XA:** - In a Gartley pattern, the AB leg usually retraces about 61.8% of the XA leg. My AB leg seems to align with this. 2. **BC Extension:** - The BC leg in a Gartley often extends between 38.2% and 88.6% of AB. My chart appears to fit this range. 3. **CD Projection:** - The CD leg typically ends around 78.6% of the XA retracement in a Gartley. Based on the harmonic completion zone, this seems plausible. Why not a Bat or Crab? - **Bat Pattern:** The Bat requires a deeper retracement of the XA leg (88.6%) for Point D, which my pattern does not seem to meet. - **Crab Pattern:** The Crab involves an extended CD leg, usually reaching 161.8% of XA or beyond. My CD leg looks more moderate, aligning better with the Gartley. This is the drop so far, and its outcome depends on how high Bitcoin moves next. Minor corrections could improve the price, and don’t overlook the significance of BTC.D. This idea shouldn’t be ignored. It’s tailored for short-term traders—take it as an opportunity, not for granted. Use it to compare with your own analysis; you might uncover insights aligned with what I’ve already warned is likely to happen. Any professional trader understands that Bitcoin is due for a correction after such an unnatural spike and I'm not a professional trader, it's what I've learned and applied to myself. Currently, retail traders are caught up in the hype. We need to wait for this hype-driven bait to subside. In the meantime, we'll observe how altcoins respond.
FX:EURUSD has been moving sideways for the past couple of days. The market is pulling back toward the resistance zone after a fake breakout of the support level. It appears that the price is forming an ABCD pullback, as it has not moved significantly lower than the resistance zone at 1.03500. Additionally, a doji candle has formed on the weekly timeframe, which suggests indecision. I believe the market may move above the previous weekly high to take liquidity. I expect that this pullback will be followed by a continuation of the downward trend. My goal is support zone around 1.02520 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??
GBPNZD Analysis: Waiting for Key Closes From a swing perspective, GBPNZD is a no-trade for now, with a bias still leaning bullish. The higher timeframes (daily) show a deeper pullback into the previous higher high, indicating we may be in a consolidation phase. If today's daily close is below 2.17900, we could see a deeper pullback toward the 2.14900 region before a potential buy opportunity. This pullback could offer a solid 5:1 risk/reward if we enter once price begins to form a new higher high. For confirmation of bullish momentum, we’d need to see a daily close above 2.18783 today. This would signal strong upward momentum and give us a clearer entry for the next leg up. Patience is key, as we need confirmation before entering buys. Keep an eye on these levels!
Just a reminder that BITSTAMP:BTCUSD did not spend much time in the $80K range and left a huge volume gap there. Market will eventually demand we revisit that level.
I'll try long if #TIA supports OB. 2.57% stop-loss, 10X for 25,7% gain. You can be get position for spot. #TIA LONG ENTRY - 4.8667 - 4.6412 STOPLOSS - 4.6196 TP1 - 5.3871 TP2 - 6.3883 TP3 - 7.6047 TP4 - 8.9455 R:R - 18.34
Joey Miller, Jeff Larson, and Randy Larson, formerly associated with Arete, are accused of selling unapproved securities and concealing their activities through unauthorized communication channels. The charges stem from their involvement in the sale of Zona Energy Inc., a sham oil-and-gas company.
Social network X is trying to capitalize on the removal of ByteDance apps like TikTok and Lemon8 from U.S. app stores by launching a dedicated vertical video feed. The company is adding a video tab in the app’s bottom bar for users in the U.S. to let them quickly access video content on the platform. […] © 2024 TechCrunch. All rights reserved. For personal use only.
2024 haben sich die Konsolenhersteller nicht gerade mit Ruhm bekleckert. PlayStation oder Xbox? Oder doch lieber irgendwas von Nintendo? Erinnert ihr euch an den ständigen “Konsolenkrieg” damals? Auch wenn ich die Debatten immer kindisch fand, offenbarten sie ganz klar, wie stolz und treu Fans einer Konsole sein können. Ich bin mit PlayStation aufgewachsen und inzwischen habe ich alle drei – aber stolz bin ich auf keine. Was das Beste für die Spielerschaft ist, spielt für die drei Riesen keine Rolle mehr. Nun, zumindest kommt das so bei mir an. Warum ich dieses Gefühl habe und was ich mir von Microsoft, Sony und Nintendo zurückwünsche, erzähle ich euch im Folgenden.
Aktives Zuhören ist nicht nur in zwischenmenschlichen Beziehungen das “A und O”, sondern auch in der Welt des Marketings. Gerade Produkte, Marken und Trends werden oft online von Usern besprochen. Hier kommt nun Social Listening ins Spiel – eine Methode, die weit über einfaches “Mithören” hinausgeht. Mit Social Listening können […]