NeverNO

NeverNO

Since the weekly Ichimoku red cloud indicates a dominant bearish trend, I assume the January low was the dotted blue wave a and we are now in the blue b wave. The b-wave should reach at least 50% Fib @0.96035, which is perfectly aligned with the Kijun line (red baseline). If USDCHF rises as expected, EURUSD will fall... This development is likely to continue into...

NeverNO

This month BTC should stay below 23128 with a target of 20258. SL above the blue line.

NeverNO Updated 

If not earlier, then at the latest before February 17, the DAX should reach its monthly high, but the next 2 weeks should not make any big leaps. If I'm right, then the next target would be 15620. 15736.52 is resistance and only if there is a weekly close above this price level then the following would also be possible: 15883.24 & 15947.74. SL over 16272. Note: if...

NeverNO

As can be seen on the chart, the Ichimoku short signal was formed in November 2022 and it could take months to turn bullish again. My guess is that February or possibly March will not rise above the Tenkan line (blue) but rather the price will fall back to 118.47 where the second quarter is already starting. I assume that the upward trend will continue from the...

NeverNO Updated 

Watch out for 12049.4 tomorrow. At this level I expect resistance which, if not broken to the upside, will initiate falling prices from next week, with targets of 10690-10472.6 (as indicated by the dashed path). February >> red dashed path. March >> blue dashed path. From the second half of March I'm seeing a strong bullish bias expected to reach 12960.4 and...

NeverNO

Since the 22nd September low I have here 2 EW counts of the 5 wave bullish development. 1. The red waves 1-5 indicate the target @1.10665 which should be reached in February. 2. The blue waves 1-5 point to the target @1.12175 which would be due in March. Initial support = 1.06996 Second support = 1.04819 A monthly close below 1.04056 would be taken as a sign of a...

NeverNO

Next week, DE30 is likely to surpass this week's high slightly, but then reverse. Watch out for 14828 - 14843 for short entry. If you put SL a few points above 15045 then you can hold the position until 11956 is reached. That will take time, but it should drop below 12k. If you find this setup useful, please support me with a comment or a like.

NeverNO Updated 

This month EURJPY will close below 143.722, therefore once daily candle falls below 140.761 and closes below, the 3 lower TPs will follow. But this is only the first phase, next year should fall even further.

NeverNO Updated 

According to my previous chart, EURUSD hit the specified target @1.07315. Unless we see a daily close above 1.07315 a bearish correction should ensue and if the (a) does not stay below 1.04056 it should rise again in January and hit 1.07451-1.0796. After that dotted red path or reevaluate.

NeverNO Updated 

Tesla is in a strong ABC correction. Falling prices are expected until the first week of December.

NeverNO Updated 

Watch for the red area between 168.115 and 168.728 next week. Confirmation of a bearish move would be a break and a daily close below the red line at 166.286.

NeverNO Updated 

In this setup I anticipate a nice symmetry between the left and right sides, which should be completed by the end of June 23. 2 requirements: --- No daily close above 34150 until the end of November --- No daily close below 28782 until the end of Jan '23. If you find this idea useful, give it a like.

NeverNO Updated 

NZDCAD has more room upside... I would much rather see NZDCAD hit 0.8870 but if we see the weekly close below 0.86637 there is a strong possibility for lower rates. To be on the safe side, I'm not ruling out reaching 0.8870 by February at the latest. The weekly bearish cipher also favors shorts. I have given all targets both up and down.

NeverNO Updated 

This chart is only valid for this option, namely until we see a daily close above 98.28 we can expect lower prices towards 1.618% of the blue wave (a) = 70.42 / 70.35.

NeverNO Updated 

Here is a very bearish scenario. I only have one condition to make it work: In the next 6 weeks (i.e. until Christmas) there should not be a close above $1810 on a weekly basis, otherwise the pink i would be the 4 and the bullish wave 5 would rise above the last ATH.

NeverNO

December target stands in 1.25994 - 1.26491 resistance zone. Until then, I have drawn the blue path for wave iii and iv and, as an alternative, the green path. Only if the price stays below the red line @1.26491 until the end of December, you can expect falling prices again.

NeverNO Updated 

If you are short and have patience then anticipate the target in December @133.198

NeverNO Updated 

November should end on a positive note, but after a correction (wave 4), December should surpass the November high. Goals are: 1.04266 1.05570 1.07315 - 1.07451.