1.Study Gold in 2011 and you will get Idea on how this market may end. 2. I believe we are currently in the bear Trap Basement and will consolidate for 2 months without a significant high. 3. If we follow Gold's fractal from 2011 we should top in 8 months. 4. Following Gold's 2011 fractal I expect another local top at $85-$90k in 3 months. 5.Then...
📉Hi Traders, Investors and Speculators of Charts📈 Solana has made some great increases, and it's retraced back to support levels. By looking at the Drop-and-Pop fractal we've been watching, we can conclude tat for the short term, the support zones should hold at $140, with wicks as low as $120. We can also take a look at moving averages to get an idea of...
Please view my previous idea on the left moved/translated cycle, that would now pave the way for the Supercycle á lá Su Zhu. Early and aggressive market top that would then send us as low as the prices we have seen during the ETF introduction to the market (potential bottom around 36-42k) / smashing right through the previous ATH as support and then go...
A lot of folks asking about Shiba Inu at the moment. At this time on the above 2-day chart price action has broken from resistance that began in October 2021. The question most want answered: Will Shiba (Bro..) pump 1000% like in 2021 from late September until late October? No idea. Anything is possible. Is it probable? No. Why do I say that? Let’s look left....
This week I have a eye on 80.50 for price to reach. We have closed in the weekly fvg and now lying within a Daily FVG and Daily V.i The Daily V.i is important to reference as Monday we can trade higher into this.
So we have achieved one target for price and that was to reach the Daily V.i and so far London has rejected going higher... Would like to see price head down post 0930est My target is still 80.50 just waiting for price to align with my thoughts is what is most important before pressing the button. At minimum PDL would be a bearish target I don't see why we would...
Let's talk about coffee because coffee lovers understand how important it is in daily life. In the business world, it's widely recognized that no meeting or deal is complete without at least one cup of coffee (or even more). ☕️ Now, let's focus on coffee futures. 📰 Technical analysis presents an interesting perspective for potential growth. The price is...
Idea from FVG on M5 to Relative Equal Highs Price reached order block on weekly. We may see some measure of retracement.
USDJPY goes down - Japanese stocks go up The annual inflation rate in Japan rose to 3.5% in April 2023. From 2015 it was near 0-1%. Companies have a lot of cash, do huge buybacks.
Marvelous Wyckoff distribution happening on STX. I will only be interested once it has completed its distribution.
just learnt about fractals bullish momentum for BTC is still very strong as shown by 200 EMA just a slight correction trying to predict how much longer this correction will be. difficult to see what happens next as market is shaky. based on analysis bullish momentum can return as early as next week but as late as end of May
So as in my previous forecast we have now closed daily bellow the Weekly FVG My next target will be 80.50 by end of week. Thats it for this week.... :)
This is just an idea currently and im not sold on it but it is interesting enough for me to post it and keep an eye on it. For reference my over all current market view has been for last few months that the markets go super parabolic for blow off top and then well bear market for a hot minute or quick but harsh harsh drop. That would be due to if the economy is...
1. Bitcoin has given us 3 fractals and examples on how to counter trend sediment. 2. Max Fear in bull Markets are unbelievable entry points. 3. We have many huge bids at $57k-59k that will never be filled IMO. 4. Market will take off as in last 3 examples leaving buyers behind. 5. 2.1B Short Liquidations above us will give us great fuel to restart this run.
Any rejection on crudeo oil at current price level will likely cause price to rally above 86.86! N.B! - USOIL price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #usoil #crudeoil #wti #brentoil
TOTAL2 update; ends sooner than you think now some months have passed we can see reasonably clearly where we are at since the last analysis right at the start of the macro move up. obviously black swan etc can ruin this or it just does it differently this time. prob not though tbh and if there is a black swan id bet its around those dates. the events tend to fit...
NIO - Chinese automaker Fundamental According to carnewschina.com in Q1 2023 year NIO sold 31,041 EVs - 2.46% only. "Nio is currently having difficult times in China. Because of the price war, its sales declined, resulting in a noticeable revenue decrease. So, Nio was forced to also join the price war by cutting the cost of every model by 30,000 yuan (4,200...