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Dear @Dbass, Please note that the minimum transaction size is 0.1 contracts for most pairs: MT4 Forex products and differs from the minimum on commodities: MT4 Commodity products. Kindly have a look at the minimum sizes before attempting a trade. Thanks, KoketsoIG -
By parvashasan · Posted
MerlinChain aims to resolve these issues through its innovative Bitcoin Layer 2 infrastructure. At its core, the project integrates zk-Rollup technology, a decentralized oracle network, and on-chain anti-fraud modules - all while maintaining deep compatibility with the Ethereum Virtual Machine (EVM). For years, Bitcoin has been plagued by scalability issues stemming from its architecture - specifically the need to propagate every transaction to each node on the base layer. While incredibly secure, this makes Bitcoin virtually unusable for high throughput applications and daily transactions due to longer confirmation times and high fees during periods of network congestion. In an exciting development for Bitcoin enthusiasts and scalability advocates, the MERL token for MerlinChain is being listed on Bitget exchange. -
By tradinglounge · Posted
JNJ Elliott Wave Analysis Trading Lounge Daily Chart Johnson & Johnson, (JNJ) Daily Chart JNJ Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective STRUCTURE: Complex POSITION: Intermediate (2). DIRECTION: Downside in wave Z. DETAILS: Looking for support as we touched 0.618 Z vs. X. If we find resistance on Medium Level at 150 then we can expected further downside. JNJ Elliott Wave Analysis Trading Lounge 4Hr Chart, Johnson & Johnson, (JNJ) 4Hr Chart JNJ Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulsive STRUCTURE: Motive POSITION: Wave (iv) of {c}. DIRECTION: Downside into wave (v). DETAILS: Looking to find resistance on 150, as wave (ii) was sharp we could anticipate a sideways wave (iv), to move around 150 itself. On April 24, 2024, we conducted a comprehensive Elliott Wave analysis on Johnson & Johnson (Ticker: JNJ), focusing on the dynamics revealed through the daily and 4-hour chart studies. Our analysis highlights crucial patterns and potential future movements, offering valuable insights for traders and investors engaged in JNJ’s stock. * JNJ Elliott Wave Technical Analysis – Daily Chart* Johnson & Johnson is observed in a counter trend phase characterized by a complex corrective structure, specifically placed in Intermediate wave (2). Currently, the stock is progressing through the downside movements of wave Z. Key observations indicate the stock has reached the Fibonacci retracement level of 0.618 Z vs. X, signaling a potential area for finding support. Should resistance solidify at the medium level of $150, further downside could be expected as the pattern completes. * JNJ Elliott Wave Technical Analysis – 4H Chart* The 4-hour chart provides additional granularity into JNJ's Elliott Wave structure. Unlike the daily chart’s corrective mode, the intraday perspective shows an impulsive mode within a motive structure, pinpointing the stock in wave (iv) of {c}. This suggests that despite the broader correction, short-term dynamics involve impulsive downside movements. With wave (ii) noted as sharp, a contrasting sideways consolidation in wave (iv) is anticipated around $150, leading to a further decline in wave (v). Technical Analyst : Alessio Barretta Source : Tradinglounge.com get trial here!
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