Buy SPX500 Weekly Review | 07 tháng tư 2023

 SPX500 Weekly Review

Buy SPX500 Weekly Review

SP500 has been bullish since last week. Currently, the market is in a corrective phase, which is the ABC corrective pattern. The market has formed a descending wedge, which is an expanding bullish reversal pattern that extends from the beginning of major wave (I), at 4810.6, to the end of major wave (V), at 3560.6. Presently, the market is moving impulsively to the upside, making it an ideal time to place buy orders with a take profit set at 2465.9. However, it is important to keep in mind that should the price fail to break above 4108.9, this setup will be invalidated

Trade Recommendations:

We're buyers

Gold Weekly Review

Buy SPX500 Weekly Review

XAUUSD is currently very bullish. The market is in a corrective phase which is the ABC corrective pattern. As we can see on the chart above, the market formed a bullish continuation pattern at 1956.02. This shows that the bulls are still in control and sooner or later we're likely to see impulse moves to the upside. I expect this pair to buy at least up to 2070.17 this is where I expect the corrective phase to end. You can place a buy order now with your take profit at 2070.17. Should the market break below 1933.87, this setup will be invalidated.

Trade Recommendations:

We're sellers

Silver Weekly Review

Buy SPX500 Weekly Review

XAGUSD has been very bullish since the beginning of last week the market is in a corrective phase which is the ABC corrective pattern and within this corrective pattern, there is a minor impulsive 5-wave pattern forming. As we can see on the chart above the market has been moving in form of an ascending channel from  21.486, this is a bearish reversal pattern. I expect the market to buy up to 24.608 and then drop up to 21.486. Should the market break above 24.608, this setup will be invalidated.

Trade Recommendations:

We're buy for now

Bob Stan
Đồng ý với đánh giá?
Ý kiến ​​của thương nhân:

Close
Đăng nhập
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .