• Megaphone Pattern – Definition, Trading Strategies & Example

    Megaphone Pattern – Definition, Trading Strategies & Example
    The Megaphone pattern is a well-known chart formation that indicates periods of high volatility. Its shape resembles a reversed symmetrical triangle where the price forms higher highs and lower lows. This pattern is characterized by wide price swings, making traders adopt a cautious stance.This pattern is used in technical analysis to ensure profitable CFD trading. It is important to correctly identify the Megaphone pattern, determine the trend, and choose a trading style and strategy. Mastering
  • XAU/USD: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25

    XAU/USD: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25
    Major Takeaways Main scenario: Consider short positions from corrections below the level of 3167.80 with a target of 2830.61 – 2574.07. A sell signal: the level of 3167.80 is broken to the downside. Stop Loss: above 3185, Take Profit: 2830.61 – 2574.07. Alternative scenario: Breakout and consolidation above the level of 3167.80 will allow the asset to continue rising to the levels of 3300.00 – 3500.00. A buy signal: the level of 3167.80 is broken to the upside. Stop Loss: below
  • WTI Crude Oil: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25

    WTI Crude Oil: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25
    Major Takeaways Main scenario: Consider short positions from corrections below the level of 72.35 with a target of 61.50 – 52.80. A sell signal: the level of 72.35 is broken to the downside. Stop Loss: above 73.00, Take Profit: 61.50 – 52.80. Alternative scenario: Breakout and consolidation above the level of 72.35 will allow the asset to continue rising to the levels of 80.70 – 87.40. A buy signal: the level of 72.35 is broken to the upside. Stop Loss: below 71.50, Take Profit
  • USD/JPY: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25

    USD/JPY: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25
    Major Takeaways Main scenario: Consider short positions from corrections below the level of 150.48 with a target of 142.50 – 138.65. A sell signal: the level of 150.48 is broken to the downside. Stop Loss: above 151.20, Take Profit: 142.50 – 138.65. Alternative scenario: Breakout and consolidation above the level of 150.48 will allow the pair to continue rising to the levels of 152.72 – 154.20. A buy signal: the level of 150.48 is broken to the upside. Stop Loss: below 149.80,
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  • GBP/USD: Elliott wave analysis and forecast for 04.04.25 – 11.04.25

    GBP/USD: Elliott wave analysis and forecast for 04.04.25 – 11.04.25
    Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.2880 with a target of 1.3500 – 1.4000. A buy signal: the price holds above 1.2880. Stop Loss: below 1.2800, Take Profit: 1.3500 – 1.4000. Alternative scenario: Breakout and consolidation below the level of 1.2880 will allow the pair to continue declining to the levels of 1.2550 – 1.2100. A sell signal: the level of 1.2880 is broken to the downside. Stop Loss: above 1.2950, Take Profit:
  • EUR/USD: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25

    EUR/USD: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25
    Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.0773 with a target of 1.1272 – 1.1400. A buy signal: the price holds above 1.0773. Stop Loss: below 1.0700, Take Profit: 1.1272 – 1.1400. Alternative scenario: Breakout and consolidation below the level of 1.0773 will allow the pair to continue declining to the levels of 1.0525 – 1.0195. A sell signal: the level of 1.0773 is broken to the downside. Stop Loss: above 1.0830, Take Profit:
  • USD/CHF: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25

    USD/CHF: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25
    Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.8848 with a target of 0.8386 – 0.8085. A sell signal: the level of 0.8848 is broken to the downside. Stop Loss: above 0.8910, Take Profit: 0.8386 – 0.8085. Alternative scenario: Breakout and consolidation above the level of 0.8848 will allow the pair to continue rising to the levels of 0.9195 – 0.9340. A buy signal: the level of 0.8848 is broken to the upside. Stop Loss: below 0.8780,
  • The Pound Has Been Stripped Bare. Forecast as of 04.04.2025

    The Pound Has Been Stripped Bare. Forecast as of 04.04.2025
    The rapid rise of GBP/USD was driven by investor confidence that the United States would be the main country hit by tariffs. However, sell-offs in European equity markets brought the pound back to its starting point. Let’s discuss it and make a trading plan.Major Takeaways Britain faces a 10% tariff, the lowest among major economies. The Bank of England will cut rates more slowly than the Federal Reserve. The FTSE 100’s decline triggered a pound sterling collapse. GBPUSD’s fail
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  • USD/СAD: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25

    USD/СAD: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25
    Major Takeaways Main scenario: Once the correction ends, consider long positions above the level of 1.3955 with a target of 1.4800 – 1.5200. A buy signal: the price holds above 1.3955. Stop Loss: below 1.3880, Take Profit: 1.4800 – 1.5200. Alternative scenario: Breakout and consolidation below the level of 1.3955 will allow the pair to continue declining to the levels of 1.3800 – 1.3656. A sell signal: the level of 1.3955 is broken to the downside. Stop Loss: above 1.4020, Take
  • If I Invest $100 in Bitcoin Today: How Much Will It Be Worth in 2030?

    If I Invest $100 in Bitcoin Today: How Much Will It Be Worth in 2030?
    Investing $100 in Bitcoin today is a straightforward and affordable way to delve into the realm of cryptocurrencies. As a prominent digital asset, Bitcoin has demonstrated considerable price volatility, capturing the interest of beginners and seasoned traders.Long-term Bitcoin investments have gained significant traction amid high volatility and increasing interest from institutional investors, particularly following the approval of ETFs. Yet, should you consider BTC as a profitable investment i
  • Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 04.04.2025

    Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 04.04.2025
    Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Major Takeaways BTCUSD: The price is expected to fall to the previous low. Consider short trades from the current level, setting a take-profit order at 76,742.00. XRPUSD: The asset may decline in wave Z. Short trades can be considered with a take-profit order at 1.890. ETHUSD: The final part of the bearish wave (C) is expected to complete as an
  • Short-Term Analysis for Oil, Gold, and EURUSD for 04.04.2025

    Short-Term Analysis for Oil, Gold, and EURUSD for 04.04.2025
    I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.Gold corrected downward yesterday, to the support area (B) 3062 - 3052.Major Takeaways USCrude: The short-term trend reversed downward. XAUUSD: Gold is trading in a downward correction. EURUSD: Today, the euro has reached the first buy target from support (&#
  • US Dollar Faces Crisis of Confidence. Forecast as of 04.04.2025

    US Dollar Faces Crisis of Confidence. Forecast as of 04.04.2025
    History shows that the US dollar has consistently demonstrated resilience during periods of economic downturns, but recent developments in US policy, characterized by the targeting of allies, have led to a decline in investor confidence. The sell-off in US stocks is exacerbating the situation. Will the EURUSD pair surge to 1.15? Let's discuss this topic and make a trading plan.Major Takeaways Having inherited a strong economy, Trump is destroying it. The US dollar is facing a crisis of confidenc

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