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Silver Elliott Wave Analysis Function -Trend Mode - Trend Structure - Impulse for (A) Position - Wave 3 of (A) Direction - Wave 4 of (A) Details - Currently in wave 4 dip before further rallies for wave 5 of (A) higher. We should see one more leg lower for wave 4. The current bullish resurgence on Silver started in January 2024 after a sideways move in over a year prior. By projection, it doesn’t look like this bullish run is ending soon. Buyers will continue to wait for dips to buy. With Elliott wave theory, we can identify the identity of the dips and when a bigger pullback is on the way. The current dip that started on 12 April 2024 is expected to take a leg lower before the bullish trend resumes. In today’s commodity blog post, we will look at the position of the current price in the larger framework and what target traders should expect for the current bullish trend. On the daily time frame, we could identify that the current rally is part of a bigger bullish correction that started on March 20, 2022 at 11.645. Since then, a double zigzag pattern has been emerging upwards, labelled waves (w)-(x)-(y) of the supercycle degree. Wave (w) ended at 30.08 on 3rd February 2021 and wave (x) concluded at 17.56 on 31 August 2022. By projection, wave (y) could reach 44.995 if we get a 100% relationship between (w) and (y) which often happens with zigzag structured. From the 2022 low of 17.56, wave (y) is emerging and itself now sub-divides into blue waves ‘W’-’X’-’Y’ - a double zigzag pattern. Blue wave ‘W’ ended on 3rd February 2023 at 24.65 before price entered in to a triangle sideways structure for blue wave ‘X’ that lasted for over a year. Currently, we are in wave (y) of the supercycle degree that can sub-divide into at least three waves. Current rally is the first leg or first leg of the first sub-wave of (x). If we go with the latter, then we are in wave (A) of w of (x) but if we go with the former, we are in wave a of (w). All these may sound confusing to a beginner in the subject of Elliott wave theory. We can just focus on wave (A) ahich is expected to be an impulse from 21.929. The H4 time frame shows its sub-waves more clearly. On the H4 time frame, we are currently in wave 4 pullback of wave (A). 1st and 2nd legs of wave 4 seem to have completed. We will expect another leg lower into the 26.86-26.07 Fibonacci extension zone where wave 4 might find a support for further rallies in wave 5 of (A). Therefore, we can conclude that current dip has not violated the bullish development in anyway. It’s just an opportunity for new and existing buyers to get in long positions from the dip. Technical Analyst : Sanmi Adeagbo Source : Tradinglounge.com get trial here!

This is like the Super Bowl for crypto folks, right? My expectations are cautiously optimistic; we've seen history repeat itself with previous halving events leading to price surges, so let's hope the pattern holds true this time.

Thank you @KoketsoIG, unfortunately still only get 7 hourly candles instead of 8.

CRM Elliott Wave Analysis Trading Lounge Daily Chart, Salesforce Inc., (CRM) Daily Chart CRM Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective STRUCTURE: Flat POSITION: Intermediate wave (4) DIRECTION: Bottom in wave (4). DETAILS: We are reacting off TL3 at 300$, in what we labelled as wave (3) of Primary 1. We experienced a long term correction in wave IV which appears to be complete, and we are now looking for continuation higher. CRM Elliott Wave Analysis Trading Lounge 4Hr Chart, Salesforce Inc., (CRM) 4H Chart CRM Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective STRUCTURE: Flat POSITION: Wave C of (4). DIRECTION: Bottom in wave C. DETAILS: We seem to have a three wave move so far in wave (4), with a sideways wave B which because of its characteristics it gives us additional confidence we could be in a corrective structure. Here's the latest on Salesforce Inc. (CRM) from our Elliott Wave Analysis Trading Lounge, examining both the daily and 4-hour chart. * CRM Elliott Wave Technical Analysis – Daily Chart* Salesforce is currently exhibiting behavior typical of a counter trend phase with a corrective mode and flat structure, positioned in Intermediate wave (4). The direction is indicating a potential bottom in wave (4). We've observed a reaction off the key level, TL3 at $300, which we have identified as wave (3) of Primary 1. Following a prolonged correction in wave IV, which now appears complete, the outlook suggests a potential continuation higher. * CRM Elliott Wave Technical Analysis – 4hr Chart* The 4-hour chart further supports the daily findings but focuses on the specifics of the ongoing correction in Wave C of (4). This phase is also characterized as counter trend, corrective, and flat. The chart shows a three-wave structure for wave (4), with a sideways wave B. The nature of wave B provides additional confidence that we are indeed in a corrective structure, setting up expectations for a bottom in wave C. Technical Analyst : Alessio Barretta Source : Tradinglounge.com get trial here!

Rising geopolitical tensions in the Middle East and expectations of higher US interest rates for longer have dampened risk appetite in financial markets. This led to a sell-off in Asian stocks, a strengthening US dollar, and further weakness in the Japanese yen to levels not seen since the mid-1990s against the dollar. European markets are expected to open sharply lower, with a focus on UK labour and wage data for clues on when the Bank of England may start cutting rates. Markets see August as most likely for BoE rate cuts to begin. The Federal Reserve is seen as unlikely to rush rate cuts after strong US retail sales data. Market pricing now sees less than two Fed rate cuts in 2024 instead of the six expected earlier. Safe-haven flows are boosting demand for the US dollar and gold amid Middle East tensions. China's GDP beat estimates but weak March data raised concerns about its economic recovery. UK employment data showed a rise in the unemployment rate for February, to 4.2%, while wage growth remained steady at 5.6%.

Massa solution to blockchain trilemma of security, scalability and decentralization has gained significant widespread adoption hence the reason they now have over100 investors including Blueyard, TRGC, Andurance Ventures, Ariane Capital, Acequia Capital, and Numeus. The adoption of MAS is on a large scale recently with the listing on Bitget giving it additional exposure to over 25Million users.

Massa scalability, efficiency and security position it as one of the most sought after project right now. This is evident as the project boast over 100 investors including Blueyard, TRGC, Andurance Ventures, Ariane Capital, Acequia Capital, and Numeus, Massa has a great prospect of becoming one of the top project in the defi landscape hence I will advise you keep eye on it.

I think there is an issue when switching accounts. I have seen similar behaviour where my request limit appears to be exceeded even though I am only making 2/3 calls. There was another thread on this: But so far no response/resolution. Can somebody at IG look into this again? Thanks

EURUSD Elliott Wave Analysis Trading Lounge Day Chart, Euro/U.S.Dollar(EURUSD) Day Chart EURUSD Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: impulsive as C STRUCTURE:blue wave 3 POSITION: black wave C of 2 DIRECTION NEXT HIGHER DEGREES:blue wave 4 DETAILS: blue wave 2 looking completed at 1.09862 .Now blue wave 3 of C is in play . Wave Cancel invalid level: 1.08838 The EUR/USD Elliott Wave Analysis for the day chart offers insights into the potential price movements of the Euro against the U.S. Dollar, applying Elliott Wave principles for technical analysis. Described as a "Counter Trend," the analysis suggests that the current market direction is contrary to the prevailing trend. This indicates that the EUR/USD pair may be undergoing a temporary reversal against the broader uptrend. Identified as "Impulsive as C" in mode, the analysis indicates that the current market movement exhibits characteristics of an impulsive wave within the larger corrective pattern labeled as "C." This suggests a strong and sustained directional move against the primary trend. The "STRUCTURE" is labeled as "blue wave 3," providing clarity on the current wave count within the Elliott Wave cycle. This assists traders in understanding the ongoing impulsive movement and its alignment with the broader corrective structure labeled as "C." Positioned as "black wave C of 2," the analysis highlights the specific phase of the corrective pattern within the larger Elliott Wave cycle. This suggests that the market is currently undergoing a corrective phase within the context of the broader countertrend move. In the "DIRECTION NEXT HIGHER DEGREES" section, the analysis mentions "blue wave 4," indicating the anticipated direction for the subsequent higher-degree wave within the corrective pattern. This suggests that the market may experience a temporary pullback following the completion of the current impulsive wave. The "DETAILS" section notes that "blue wave 2 looking completed at 1.09862. Now blue wave 3 of C is in play." This suggests that the previous corrective wave has likely concluded, and the market is now in the third wave of the current impulsive movement. Traders may monitor this wave for potential trading opportunities or trend continuation. Additionally, the wave cancel level is noted at 1.08838, serving as a reference point for invalidating the wave count. EURUSD Elliott Wave Analysis Trading Lounge 4 Hour Chart, Euro/U.S.Dollar(EURUSD) 4 Hour Chart EURUSD Elliott Wave Technical Analysis FUNCTION: Trend MODE: impulsive STRUCTURE:red wave 3 POSITION: blue wave 3 DIRECTION NEXT HIGHER DEGREES:red wave 4 DETAILS: red wave 2 looking completed at 1.08838 .Now red wave 3 of 3 is in play . Wave Cancel invalid level: 1.08838 The EUR/USD Elliott Wave Analysis for the 4-hour chart provides insights into the potential price movements of the Euro against the U.S. Dollar, utilizing Elliott Wave principles for technical analysis. Described as a "Trend," the analysis indicates that the prevailing market direction aligns with the broader uptrend in the EUR/USD pair. This suggests that the current price action is consistent with the dominant bullish momentum in the market. Identified as "Impulsive" in mode, the analysis suggests that the current market movement exhibits characteristics of an impulsive wave, indicating a strong and sustained directional move. Traders may interpret this as a sign of significant buying or selling pressure driving the market in one direction. The "STRUCTURE" is characterized as "red wave 3," providing clarity on the current wave count within the Elliott Wave cycle. This assists traders in understanding the ongoing impulsive movement and its alignment with the broader Elliott Wave structure. Positioned as "blue wave 3," the analysis highlights the specific phase of the impulsive wave within the larger Elliott Wave cycle. This suggests that the market is currently experiencing a strong upward movement within the context of the broader uptrend. In the "DIRECTION NEXT HIGHER DEGREES" section, the analysis mentions "red wave 4," indicating the anticipated direction for the subsequent higher-degree wave within the impulsive pattern. This suggests that the market may experience a corrective phase following the completion of the current impulsive wave. The "DETAILS" section mentions that "red wave 2 looking completed at 1.08838. Now red wave 3 of 3 is in play." This suggests that the previous corrective wave has likely concluded, and the market is now in the third wave of the current impulsive movement. Traders may monitor this wave for potential trading opportunities or trend continuation. Technical Analyst : Malik Awais Source : Tradinglounge.com get trial here!

ASX: COCHLEAR LIMITED - COH Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart) Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with COCHLEAR LIMITED - COH. Continuing on last week's forecast made with COH, that forecast is now accurate. We identify in the short term that COH could decline lower to complete a Zigzag Correction with wave (4)-blue, followed by a potential resurgence of wave (5)-blue to push higher. ASX: COCHLEAR LIMITED - COH Elliott Wave Technical Analysis ASX: COCHLEAR LIMITED - COH 1D Chart (Semilog Scale) Analysis Function: Major trend (Intermediate degree, blue) Mode: Motive Structure: Impulse Position: Wave (4)-blue Details: The short-term outlook indicates that the (4)-blue wave is currently unfolding to push lower, targeting the immediate range of 293.87 - 278.31. After the completion of the (4)-blue wave, the (5)-blue wave may resume to push higher. Additionally, the support target is very close to the Major Level at 300. Invalidation point: 253.36 ASX: COCHLEAR LIMITED - COH Elliott Wave Technical Analysis TradingLounge (4-Hour Chart) ASX: COCHLEAR LIMITED - COH Elliott Wave Technical Analysis ASX: COCHLEAR LIMITED - COH 4-Hour Chart Analysis Function: Major trend (Minor degree, red) Mode: Motive Structure: Impulse Position: Wave ((iii))-green of Wave C-red Details: The short-term outlook suggests that the (c)-purple wave continues to push lower, possibly targeting around the Major Level 300. Maintaining below the level of 323.84 serves as both resistance and an advantage for this bearish view. After this corrective ABC-red wave concludes, it also indicates that the (4)-blue wave has ended, paving the way for a potential upward movement with the (5)-blue wave. Invalidation point: 342.40 Conclusion: Our analysis, forecast of contextual trends, and short-term outlook for ASX: COCHLEAR LIMITED - COH aim to provide readers with insights into the current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends. Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation). Source : Tradinglounge.com get trial here!

TAO is one of the leading AI tokens but looking at NAO fundamentals, uses cases and product offerings. It has a wider array that could position it for massive adoption. I will be taking advantage of the poolX and candybomb event to scoop some into my PF.

Launchpool has been a great avenue for me to earn passively. The just concluded ENA launchpool on the CEX brought 120% gains aside the price of BGB that also went up giving a 2 in 1 profit

Elliott Wave Analysis TradingLounge Daily Chart, VeChain/ U.S. dollar(VETUSD) VETUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Flat Position: Wave ((C)) Direction Next higher Degrees: wave II of Impulse Wave Cancel invalid Level: 0.2100 Details: Wave II Is equal 50% of Wave I at 0.0270 VeChain/ U.S. dollar(VETUSD)Trading Strategy: The short-term retracement of the second wave is likely to retest the 50% level of the first wave at 0.0270. We expect that the price is still likely to fall further, but only as a pullback. short term to continue Wait for the correction to complete to rejoin the uptrend. VeChain/ U.S. dollar(VETUSD)Technical Indicators: The price is above the MA200 indicating a Downtrend, The Wave Oscillator is a Bearish Momentum. Elliott Wave Analysis TradingLounge 4H Chart, VeChain/ U.S. dollar(VETUSD) VETUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Flat Position: Wave ((C)) Direction Next higher Degrees: wave II of Impulse Wave Cancel invalid Level: Details: Wave C is equal to 161.8% of Wave A at 0.0265 VeChain/ U.S. dollar(VETUSD)Trading Strategy: The short-term retracement of the second wave is likely to retest the 50% level of the first wave at 0.0270. We expect that the price is still likely to fall further, but only as a pullback. short term to continue Wait for the correction to complete to rejoin the uptrend. VeChain/ U.S. dollar(VETUSD)Technical Indicators: The price is above the MA200 indicating a Downtrend, The Wave Oscillator is a Bearish Momentum. Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here!

Hi KoketsoIG, The issus is that I don't even reach my limit before I get the error: "errorCode": "error.public-api.exceeded-api-key-allowance" This is my test: 1) In api companion i login to me Live og Demo account (same problem in both environments) 2) I wait for at least a minute to my login doesn't influence the test 3) I make 25 GET /marketnavigation requests 4) I switch the account to my second account with the PUT /session request 5) I should now be able to make 30 GET /marketnavigation requests, but I get the error after just 4 requests From your previous answer I should be able to make 60 requests per-app per minute, but I can only make 30. What am I doing wrong?

Certain centralised platforms have been very intentional about creating wealth for its users to this end CEXs like Bitget have built certain frameworks to aid this adequately. Through the instrument of its launch pool, it lets users earn massive APR thus providing a good ground for wealth creation. The performance of some of the launchpool projects lends credence to this, the likes of $ENA, $ZKF $GRAPE and a host of others generated good APRs. In an almost similar exactitude as the launchpool, the PoolX is the new framework that lets users earn by staking $BGB and $USDT to mine other tokens on the platform. From the products Bitget have brought forth it is safe to say the platform is playing a worthwhile part in wealth creation to every crypto enthusiast around the globe. Personally, I have participated in these and i will say they are worthwhile opportunities to make fortunes off of, i will advise you jump on it too anon.

Certain centralised platforms have been very intentional about creating wealth for its users to this end CEXs like Bitget have built certain frameworks to aid this adequately. Through the instrument of its launch pool, it lets users earn massive APR thus providing a good ground for wealth creation. The performance of some of the launchpool projects lends credence to this, the likes of $ENA, $ZKF $GRAPE and a host of others generated good APRs. In an almost similar exactitude as the launchpool, the PoolX is the new framework that lets users earn by staking $BGB and $USDT to mine other tokens on the platform. From the products Bitget have brought forth it is safe to say the platform is playing a worthwhile part in wealth creation to every crypto enthusiast around the globe. Personally, I have participated in these and i will say they are worthwhile opportunities to make fortunes off of, i will advise you jump on it too anon.

For example, look at today's 15/04/24, DAX (Germany) 40 chart action. I predicted that the market would take off up from the very start and have a positive morning.

The gravity of Binance and Kucoin offense isn't the same with BingX. Agreed they defaulted in allowing some users use their exchange without KYC but they didn't provide crypto service to a sanctioned nation. BingX action is a total disregard to the US, DOJ and SEC.

The recent attack of Israel by Iran add extra layer of concerns as to why BingX will provide crypto services to a country under sanction. Am pretty sure they will pay heavily for this if they eventually survive not been banned.

I’ve had this issue and haven’t been able to get a resolution from live chat, email, phone or WhatsApp for a *week* now - what do I need to do to get unrestricted before I pull my money off this platform?

As someone deeply interested in AI and Web3 technologies, I'm always on the lookout for projects that push the boundaries. Recently, Nettensor caught my attention—an intriguing endeavor that seamlessly blends AI innovation with blockchain advancements. Offering Layer 1 and Layer 2 solutions for Ethereum and Bitcoin, along with AI-driven AppChains and DePIN solutions, Nettensor presents a promising frontier in the realm of AI DeFi. What truly intrigues me is Nettensor's commitment to simplifying the convergence of AI infrastructure with blockchain technology.Acting as a bridge between blockchain networks, Nettensor facilitates seamless communication with its Aggregated capabilities. And with the news of their token soon to be listed on exchanges like Bitget, it hints at a broader landscape of opportunities.Nettensor's vision sparks curiosity: how will this fusion of AI and Web3 technologies shape the future of decentralized finance and beyond?

Massa is making waves in the DeFi space with its innovative approach to blockchain technology. Their unique blockclique architecture boasts a staggering 10,000 transactions per second, putting them at the forefront of scalability and efficiency. Furthermore, their Autonomous Smart Contracts (ASCs) empower fully on-chain dApps, reducing reliance on centralized control. This focus on decentralization is further emphasized by the project's impressive network growth. Their testnet has ballooned to over 8,000 nodes, and their social media presence has exploded with tripling Twitter followers and a Discord community exceeding 105,000. Recent collaborations with Starknet, Umbrella, and Hyperlane solidify their commitment to fostering a robust DeFi ecosystem. Listing on Bitget and the backing of over 100 well-respected investors paints a promising picture for Massa's future as a major DeFi player.

Nettensor is making waves in the tech industry by offering a unique combination of AI infrastructure and advanced blockchain solutions. They leverage cutting-edge hardware to deliver fast, efficient, and powerful products designed to streamline the convergence of these two revolutionary technologies. It boasts a comprehensive suite of services, including NetCloud, NetGPU, NetApp Chain, and NetVPN. Notably, their native token, NAO, recently debuted on the Bitget exchange and has been experiencing a positive initial price trend. With its focus on simplifying and elevating the synergy between AI and blockchain, Nettensor is positioned to be a key player in the future of decentralized applications. But will NAO's bullish start translate into long-term success? Only time will tell.

The spike in volume you're noticing around 7 pm could be related to the closing of trading sessions or the release of important news. Regarding your experience with a sudden wick spike, this is a common challenge in trading. Setting appropriate stop-loss levels and being prepared for volatility can help manage such risks. As for news sources, financial news outlets like Bloomberg, Reuters, and CNBC can provide valuable insights into market trends. Also, I came across this interesting platform, smarterbusiness which helps businesses find optimal utility providers. While it may not be directly related to trading, having access to the right info and resources can be crucial in any business endeavor.

Dear @Rocket747, Welcome to the IG community, glad to have you here. Please try different time zones, UCT + 4 and see if you can see the 17:00 candles. Hopefully, someone else with the same problem will provide a solution . All the best, KoketsoIG.