Hello traders: Crypto market has been dropping hard in the last few weeks, and many have asked me when is it to start buying again. Lets take a detail look into BTC from the higher time frame perspective. We can see after the initial bullish impulse phase of the market, price naturally develops into a larger correctional structure. We are getting a few swing...
The S&P is entering bear market "correction" territory as it's retraced ~20% from ATH with 6 red consecutive weeks under its belt now. Currently facing resistance on weekly with a rejection at the 100 EMA, economy experiencing widespread macro headwinds, & a Federal Reserve looking to reestablish credibility as Q1 laid the foundation for calling a recession this...
Hello every one today i want to Analyse the dollar index for you. in overall seems like we could see the higher level for (dxy) for example 107 and 114 or even the scary targets of 120 and 160. in lower time frames we could see some pullbacks and chart might retest 100 area but if we could stay above 102 the higher targets could be hit. if this happen,...
With the recent capitulation eth has not set a new major local low like BTC did. Chart is behaving oddly similar to what btc correction looked like in July 2017. Back then we made a new ATH, then had an initial 50% correction (like we did in May - July 2021) then going back up, barely setting a new highs (green marks) before going into a second capitulation, that...
Hello traders: Also on watch are few JPY pairs as they mostly are showing good signs of reversal bearish price action. Here on AUDJPY, from the HTF, we can see price has break above a previous highs, but no signs of continuation price action. Where as on the lower time frame, more bearish price action has developed and form. We see an ascending channel and...
SUMMARY Based on Fib-Retracement and ABCD Analysis, whilst having analysed historical bearish market-sentiments, the current correction aka our bearish market is likely to be over around early to mid June 2022. View the grey rectangular box for potential entries into Tech-Assets, but only those that are considered as Value Growth Stocks etc. Recommended...
This is my IDEA about the trend of the BITCOIN . SO,tell me, what do you think ?
New UPDATE from SPY correction and Fed Rates and meeting
Keeping the analysis that the correction of the companies had to come back to the original value (channel 2018-2019) Here is AMD CORRECTION
Today, I finally decided to publish what I have in mind for several weeks ! End of half of century bull run? Lets follow ! I really did not want to publish this idea since it is really terrifying but, as it is a possible scenario right now I decided to warn readers to just keep this in mind . This will help us to be cautious when opening long positions, to set...
Every investor should ask themselves, are we in store for the usually 20-30% correction? Or are we in store for a market meltdown, similar to the Mortgage Backed Security collapse of 2007-2009? Or the Dot Com bubble during in 2001-2002? I have the most recent corrections in history highlighted, their reasons listed. > It is clear that the current situation...
Hello traders: Looking at most of the US Indices market, they do seem rather bearish and could possibly continue more downside momentum. From the higher time frame, we discussed the possibility of a the bearish market since January Where as on the lower time frame, we continue to see more bearish price action. From the previous bearish outlook/forecast,...
Hello traders: Since last wee we have been seeing bearish development on the lower time frames across the indices market. Here on NASDAQ, we can see the HTF ascending channel was completed, and strong bearish impulse phase down. After hitting a previous lows, price begin to consolidate into a possible continuation correction. With a few swing highs and...
Hello traders: Similar like NASDAQ bearish outlook that I shared, we can also see SPX is showing good signs of bearish continuation down move. from the HTF ascending structure, price had a clear impulse move down from it. Naturally price will correct and form into consolidation if the bearish momentum is still there. We then see an expanding structure has...
Hello everyone: Nice to see USDCAD has play out perfectly on the higher time frame and lower time frame to continue its bullish price action. Starting from the higher time frame, We can see price has formed a larger continuation flag structure, with a clean double bottoms, and price indeed pushed higher. On the lower time frame now, we also see an...
Hello traders: Looking at USDCAD and its current price action for the possible bullish move up. On the higher time frame, we can see a clear impulse phase up, and a larger, parallel channel like correction that has been going on for many years. Price is right back to a double bottoms, and there is a lower time frame bullish reversal impulse. Now lets take a...
Hi traders: EURCAD could be shaping up for the buy that we have been patiently waiting for. We can see a larger, higher time frame descending structure, correcting the price. Within the correction, many extra confluences to give us a multi-time frame analysis. We see a falling wedge, price formed a lower time frame descending channel, and there is a strong...
After a good runup, Ethereum is showing a zigag pattern and plotting standard Fib Extension targets show targets below $900 Also, Inflation concerns, Unacceptability of Major economies and taxation issues can contribute towards this correction. BITSTAMP:ETHUSD