Please refer to text on chart.
** Remember, we do not try to predict future price. We simply react to current price movements based on our interpretations of past data.
If Pattern complete then analysis prices this at 1.41136 and below , everything above 1.418 would be considered a good sell in that case ..
In my case I am prepositioning myself in anticipation of pattern completing and I am willing to sell every 10 pips for an extended period of time.
Please Keep in mind ImnoTrader
Analysis of SPX and ADL and ADVL, and also positive and negative correlation in 10 days period. Important to notice that in the situation when ADL up and SPX down, doesn't anticipate a drop in SPX in the correlation indicator above. Only when SPX up and ADL down that usually does but is not guarantee also.
Analysis of SPX and ADL and ADVL, and also positive and negative correlation in 10 days period. Important to notice that in the situation when ADL up and SPX down, doesn't anticipate a drop in SPX in the correlation indicator above. Only when SPX up and ADL down that usually does but is not guarantee also.
Price at the moment is correctively rising so what I am expecting to see of this pair is that price is going to fall soon. We are currently seeing divergence on our MACD which signals a reversal may happen. Good luck and safe trading.
Same play as i posted before on the 4hr chart but this time on a smaller timeframe. (attached in the related links)
Same rationale as well as there is clear selling pressure building from the triangle/wedge pattern from the last few days.
Expected price target for this play is 130.90
We are sitting on a prior consolidation level (230-235).
These are the possible outcomes:
235 holds, we break up, inverse H&S resolves, target 280-290
235 breaks resulting in a meassured move down to 180
Last time market retested such a major consolidation level from above,
OBV was in a downtrend, thus price continued the downtrend.
Rightnow we have a...
Trade ideas are based on my anticipation of an inverse head and shoulders.
This should atleast help gaining some orientation for price action and time windows.
Make sure to check out my other charts for more information.
Feel free to leave comments or questions bellow and upvote this chart if this is usefull to you.
Cheers : ]
Just some anticipation.
365 is an ideal target. If you don't want to risk a buy now, you should definitely wait and short at 365.
It offers a confluence of different major levels like a longterm resistance (purple)
and a strong OTE level. By the way a similar move has happened right around the same time one year ago.
This is a layout, don't take this as an exact...
We might be cought in sideways within the red channel for another 20 days.
I look at the Willy or MAGNUS™ indicator and compare it to a similar situation we had a couple months ago.
The yellow box had some rangebound action in it with a little breakdown in the middle ( just like we had it now ).
The question is what will happen after the yellow box? The red box...
