simonlynch456

A double TOP and RSI Bearish Divergence is in te making subject to confirmation a possible short entry can be taken

FILUSDT is in Accumulation ZoneWill be a good buying option with Discounted Price Entry Made at 3.1 with SL 2.4 and TP 7 A good Gain with least lost

BTC may go short as per 4H Bearish Divergence. This is not a financial Advice DYORTP 1 is Booked Here at 64KTP 2 is Partially Booked SL at Break EvenTP4 Reached Trade Closed. TP3 was booked at 60K

Wait for the RED BEARISH Candle a LOW RISK HIGH REWARD trade is being formed.Half Profit is Booked at 2399

GOLD is making Head and Shoulder pattern on Daily TF with Bearish Divergence at 4H TF

Gold is trying to form an H&S with Bearish Divergence at Daily TF. Low Risk Trade may result in High reward.

This analysis explores the possibility of a bearish trend in the gold market using the Elliott Wave Theory. We'll assume a completed five-wave impulse pattern (motive wave) followed by the beginning of a corrective ABC (zigzag) pattern.Elliott Wave Theory:Elliott Wave Theory proposes that market movements occur in a repetitive pattern of five waves (impulse) followed by three corrective waves.Impulse Waves (1-5): These waves propel the price trend (upward in a bull market and downward in a bear market).Corrective Waves (A-B-C): These waves move against the main trend and provide a period of consolidation before the trend resumes.Analysis:Completed Impulse Waves (1-5): If you believe a five-wave impulse pattern has been completed, it suggests the strong uptrend for gold might be nearing its end.ABC Correction: The current price movement could be the beginning of the corrective wave (A-B-C).Wave A: This wave represents a significant decline from the peak of wave 5.Wave B: This wave is a corrective rally, typically retracing a portion of wave A.Wave C: This final wave completes the correction and pushes the price lower than the bottom of wave A, confirming the downtrend.Indicators Supporting the Bearish View:Confirmation of wave A's bottom being broken by wave C would solidify the bearish outlook.Technical indicators like overbought signals or bearish candlestick patterns on the charts could strengthen the case for a decline.Important Considerations:Elliott Wave Theory is subjective and open to interpretation. Identifying and counting waves can be challenging.This analysis is based on a hypothetical scenario. Market conditions can change rapidly, and unforeseen events can disrupt the expected wave pattern.Conclusion:The potential completion of an Elliott Wave impulse pattern and the beginning of an ABC correction suggest a possible bearish shift for gold prices. However, this is just one approach, and other factors should be considered before making investment decisions.For Those who believe GOLD is ALWAYS BULLISH. BEARISH YEARS are INCOMING!!!

April has never been good for BTC yet BTC is going towards next comparative PRZ relative to previous one. 38000 is a nice Buying Opportunity. Not a Financial Advice just DYOR

Gold is looming towards 2514 with incessant rally for those who are expecting a bearish move. There is no sign of Divergence forming as well. The trend seems continuing. There is a possibility of forming PRZ at 2514 else 3060 would be the new target. This is not a financial Advice just DYOR.

By the time the Pattern is completely formed and PRZ is identified we might have a good short oppurtunity. Not a Financial advice just DYOR