The exit from the zone is caused by a breakdown of the ice Wyckoff zone. The target is the volume profile zone. In case of its breakdown, the POC nearest by the weekly profiles
On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from our entry at 33583 where the horizontal overlap resistance is to our take profit at 32689 in line with the horizontal swing low support. Alternatively, price may break structure and head for stop loss where the horizontal overlap resistance and 38.2% Fibonacci...
On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from our entry at 34078 where the 161.8% Fibonacci retracement is to our take profit at 33354 in line with the horizontal swing low support and 61.8% Fibonacci retracement . Alternatively, price may break structure and head for stop loss where the 61.8% Fibonacci...
On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance at 34078 where the overlap resistance is from our 1st support at 33354 in line with the horizontal pullback support and 61.8% Fibonacci retracement . Alternatively, price may break 1st support structure and head for 2nd support where the...
Log target: 48k The dotted red line is adjusted for inflation. The stock market cycles are lengthening. Continued downside till EOM followed by a final melt-up rally that will bring the end of grand wave 5. ETA: Q1 '23.
Price is near to the key pivot and we see that ichimoku cloud indicator is trying to push the price up. Therefore, we can expect the price to potentially bounce from the buy entry level of 34636 in line with 61.8% fibonacci retracement and 61.8% fibonacci projection towards the take profit level of 35368 which is a previous horizontal swing high resistance. Any...
CME_MINI:ES1! near the convergence of multiple Gann Support Levels 4345, 4335, and 4315 indicating a possible bottom this week from which we can start to move towards Gann Resistance Levels 4403, 4415, and 4460. CME_MINI:ES1! closing above 4460 this week would indicate continuation of the uptrend towards 4460, 4480, and 4560 Gann Resistance Levels next...
CBOT_MINI:YM1! Weekly View is Negative. Cloisng below 34,300 this week! Resistance: 34,400, 34,500, and 34,600 Support 34,300, and 33,770 Good Luck!
IF, HISTORY play out again, we are looking bullish until 2026 (Crypto Bull Run). DJI needs adouble bounce before its bullish. If this play out, there may be an opportunity for a large swing. TONS of FEAR news out there about the crash, SELL SELL SELL!! - Does this mean buy? YES! Bullish if you are a FRACTAL trader, but i loke many perspectives.
CBOT_MINI:YM1! trading in a tight range 34,440 and 34,580 since open. Resistances are 34580 and 34620 above which we expect CBOT_MINI:YM1! to move towards the 34740 levels. In the event, our support of 34440 breaks, we could test the 34350 support level. Watch the video for full details on the trading levels and range for today. Good Luck! Have a great...
Dow Jones (DJI) has been correcting inside a Channel Down ever since the March 29 Top. This was the top of the March rally that broke emphatically much higher than the 1D MA50 (blue trend-line), effectively confirming that this was the market bottom during the Ukraine - Russia war and the ongoing battle with inflation. During uptrend technical structures,...
This chart tracks the coupling of Bitcoin with the DJIA and SP500 over time
it seems Wave 5 started . SPX long target 4750. I am expecting bull market top at 5300 before crashing hard .
Dow Jones has been trading within the 1D MA200 (orange trend-line) and the 1D MA50 (blue trend-line) for the past 5 days. The rejection from the March 29 High came despite closing above the 1D MA200, on a move that caught the market off guard. So far the price action resembles the blow-off top of January 05, which ended in a violent selling sequence. However this...
Sadly, it has receded back into the bearish trend line. So, now is not the time to be a HERO ! Wait for the price action to break out first, await the bulish signals then go LONG.
CURRENCYCOM:US30 Head and Shoulders formation on the 4 Hour chart Technical analysis of the 4 hour chart Trade with caution and good luck.
dowjones has cut the upper channel from the downtrend correction condition and is now forming 5 small correction waves to get ready to form wave C. We can also see there is a morning star canddlestick and divergence on the stochastic. This is a signal for an uptrend (for a moment).
Dow Jones (DJI) broke today above its 1D MA200 (orange trend-line) for the first time since February 16. However, as the Ukraine-Russia war isn't yet over, this rally will seek reassurances from this week's high impact macro-economic reports, namely Wednesday's GDP and Friday's Nonfarm Payrolls. If the index closes a 1D candle above Resistance 1 (35150) then the...