DOT is breaking out of a falling wedge pattern. Elliott Wave Structure: A W-X-Y-Z corrective wave is likely to be completed. Fibonacci Resistance: ...
Bitcoin shows signs of a corrective phase with key Fibonacci levels acting as support. RSI momentum and price action suggest ...
Cocoa is pulling back against the recent all-time high. However, the pullback is expected to finish above the October 2024 low and return upside to continue the all-time bullish sequence. Thus, buyers ...
As a measure of the validity of the move, the action on the day following ... a three-wave corrective pattern down. My ducks had lined up! It was tempting to short it shy of the Fibonacci level ...
Although GBP/USD rallied with the euro on that day, I did not get such ... and the market was then testing the Fibonacci 62% level. If I had my Elliott wave labels correct, I have a wave 1 ...
Related Reading: CME Gap Threatens Bitcoin With Potential Drop To $77,000 – Analyst The analysis, which is rooted in Fibonacci levels and Elliott Wave theory, offers a long-term bullish outlook ...
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