Diamond FX Traders

Target 1 Confirmed for #XAU, #Gold. Just check how accurate our Fibonacci level was, which we set it to $2,140. Gold touched $2,146 & #bounced back to $2,019 levels today Precise isn't it? Above $2,140, target 2 will be at $2,813

On 21-Oct-23, we discussed a critical level of $29,058 for #Bitcoin . We said (tweet below) that if #BTC  closes above this target, it will reach $49,667. If BTC couldn't break here, it would have bounced back to $18k. But Weekly and monthly candles closed above 29k, and our initial target was $49k, a Fibonacci level, and BTC will soon reach here. I still call this move "#Corrective B Wave". Please check the corrective action for Orange Rectangle between 2017 and 2019. Bitcoin mimics that structure now. (Blue Rectangle) We must observe if BTC closes above or below the 49k Fibonacci Level. Without any financial advice, I expect that BTC will have a strong rejection there. Scenario 1: BTC touched and bounced a little and tried and break here. Will this B Corrective finish, and will C will? No, the corrective Wave could last until the $65k~$69k level. The Corrective C Wave is expected whether BTC touches $49K or $69K. So I think BTC will top again. However, we will see the last leg starting somewhere correction in 2024 Q4, aiming for $18k with the final correction. Then, we will be able to talk about further targets based on the upcoming structures. Thank you!

Hello My Dear Friends, Hope you all are fine. I've just completed the TA below, as promised while sipping my coffee. #XRP is continuing for $1.88 in the short term. The primary & most substantial level is still $0.6649 because the Fibonacci Level & the Weekly trend intersect. The weekly candle is close to this level, #bullish in indicators, & I expect XRP to break here next week to continue the $1 target. Have a great Day

Hello everyone, sorry but I had to split my Groups so massage can be seen by more people who are late on. Thanks for your understanding

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