Elliott Wave Monitor
GOLD: BUY E: 3880.030 S: 3875.86 (41.7) T: 3891.13 (111)
Close 90% and move stop to breakeven (BE).
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Elliott Wave Monitor
GOLD: BUY E: 3880.030 S: 3875.86 (41.7) T: 3891.13 (111)
Normally, the price of XAU should move toward the target within one or two candles, but this time there isn’t strong volume to support the rise.
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Elliott Wave Monitor
GOLD: BUY E: 3880.030 S: 3875.86 (41.7) T: 3891.13 (111)
T: 3891.13 (111)
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Elliott Wave Monitor
GOLD: BUY E: 3880.030 S: 3875.86 (41.7) T: 3891.13 (111)
Who Entered This Trade With Us?
Anonymous Poll
42%
I Joined The Trade
17%
I Was Hesitant & Didn’t Enter
41%
I Didn’t Enter
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Elliott Wave Monitor
Bitcoin broke a key peak that it should have held to continue the decline. In this case, we consider wave 2 to have extended in time, and the current rise is just a continuation of wave 2 before entering the larger wave 3 downtrend.
Bitcoin has completed a major wave (B) at the 124,474$ top, and has since entered a new downward sequence.
▫️Currently, we see a corrective wave (2) reaching the 78.6% Fibonacci level, which may be the last stop before the beginning of the main wave (3) decline.
▫️This scenario points to a potential sharp drop ahead, possibly targeting levels below 100,000$ in the coming weeks.
▫️Currently, we see a corrective wave (2) reaching the 78.6% Fibonacci level, which may be the last stop before the beginning of the main wave (3) decline.
▫️This scenario points to a potential sharp drop ahead, possibly targeting levels below 100,000$ in the coming weeks.
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BTCUSD - 1HOUR
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🎉 We’ve Reached 30,000 Followers On Instagram!
This milestone is the result of your trust and continuous support, and it motivates us to deliver even more accurate and professional market insights.
Follow us on Instagram:
🔗 https://www.instagram.com/elliottwavemonitor
This milestone is the result of your trust and continuous support, and it motivates us to deliver even more accurate and professional market insights.
Follow us on Instagram:
🔗 https://www.instagram.com/elliottwavemonitor
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What Could Be The Potential Consequences Of GOLD Dropping $500 In A Single Day?
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In recent times, we have seen an increasing number of Telegram channels and Instagram pages promoting the idea of providing three trades per day, with promises of achieving up to 80% profits and around 700 pips per week.
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In comparison, our weekly trading activity may consist of only two or three trades, and even when a trade is set with a target of 80 pips, we often choose to close it once 20 pips are secured. 🏃🏻♂️
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Trading should be done exclusively on a laptop or desktop computer, not on a mobile phone.
WHY?
Because aphone is accessible within a few seconds, while starting a laptop takes two or three minutes.
When thephone is in your hands, it’s easy to enter trades impulsively and without control.
Stick to this rule: Trading is serious work, not a game or gambling.
WHY?
Because a
When the
Stick to this rule: Trading is serious work, not a game or gambling.
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We Are Currently Watching A Potential Area To Enter A Sell Order On GOLD.
The Idea Right Now Is To Identify A Potential Entry Point With A Small Stop.
The Idea Right Now Is To Identify A Potential Entry Point With A Small Stop.
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Elliott Wave Monitor
We Are Currently Watching A Potential Area To Enter A Sell Order On GOLD. The Idea Right Now Is To Identify A Potential Entry Point With A Small Stop.
STOP: $3943.00 (50 PIPS)
USE: 1% FROM YOUR ACC
USE: 1% FROM YOUR ACC
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