CURVE
On a Daily Chart
04.24..22
0518H +8 SINGAPORE
The Market is going back to the ENTRY Zone of Interest.
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
Entries on the 1.8-2.2 Zone for me.
Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy.
1. RSI 59: still mid-high
2. STOCHS 79/72: on the HIGH
3. Volume is on the BUY side and supply is a bit low. Still have to see a spike in selling for BUYERS to really get in.
4. Downtrend went beyond the FIB 0.618 Reverssal area, so we expect it to go down further to 1.
5. Capitulation: Looking at this as a strong area for BUYERS.
6. We can expect it to push further down to the 1.1-1.8 zones. This is at the bottom of the brown minor and blue major box.
7. Expecting ave. 74% gains on the First Partial Exit - Area of Value.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
Looking back since the beginning of the year,
the Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE.
Charts are created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
On a Daily Chart
04.24..22
0518H +8 SINGAPORE
The Market is going back to the ENTRY Zone of Interest.
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
Entries on the 1.8-2.2 Zone for me.
Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy.
1. RSI 59: still mid-high
2. STOCHS 79/72: on the HIGH
3. Volume is on the BUY side and supply is a bit low. Still have to see a spike in selling for BUYERS to really get in.
4. Downtrend went beyond the FIB 0.618 Reverssal area, so we expect it to go down further to 1.
5. Capitulation: Looking at this as a strong area for BUYERS.
6. We can expect it to push further down to the 1.1-1.8 zones. This is at the bottom of the brown minor and blue major box.
7. Expecting ave. 74% gains on the First Partial Exit - Area of Value.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
Looking back since the beginning of the year,
the Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE.
Charts are created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
Comment:
On a DAILY Chart: That spike in sell volume is a clear sine of more supply, followed by demand. Still bearish bias, made first entry yesterday.
Comment: