USDCHF has made a STEEP decline since Oct. 3rd giving us a new Lower Low followed by a Lower High indicating DOWNTREND! Last week price broke my Confirmation (Point A) for the Bearish Sequence giving us a NEW LOWER LOW so my expectations for USDCHF is for price to give us a new Lower High and this High being a Sell Entry to take price down to Sequence Target @...
Buying this after change in market structure. Same with AUDUSD. Sells on USDCAD as they are inversely correlated
Hello Traders, The forecast of my last analysis was in line with the market action! The NIFTY50 fell to 19074 this morning after breaking below the 1954x range and hitting my "target window" well! Today's low is also at the 0.88 Fibonacci level, which is not a price target for an a-b-c or w-x-y pattern (in my opinion)! So, is there another lower low to come? As...
SP500 price broke daily 233 EMA again not a good sign for Bull. Short again @ 4400 +/-
Currently on the Bullish Flag, DXY on a sell and the ***USD pairs on a buy. I actually use this to analyze direction of other USD pairs
BTC's 18000 +/- is confluence of zone of :- 1) Quasimodo level (QM) 2) Demand Zone ( Cyan rectangle ) 3)Pitchfork line (cyan)
As everyone is enjoying the weekend, I want to give you guys on here a special treat! We cover Palantir for over a year now, and the stock has been trading downwards ever since. Because of the whole bear market last year, which hit technology stocks especially hard, bullish signals couldn’t be observed in this stock. However, since the new year Palantir could...
It is expected that the last, fifth wave will be completed in the shaded area, and thus three corrective waves will be completed
XAUUSD. By breaking 1963.10 low which was BOS (Break Of structure) , it's confirmed that Gold's deep pullback since 6/Oct/23 is done. Short @ 1988 :/- where there was a hourly order block. S.L for short is @ 1998.
Moving exactly as forecasted in the previous update(see attached post) Looking for further downside into wave 3. As always feel free to let me know in the comments what you're thoughts for Oil are! Trade Safe!
Hello friends. Remember when we said that Bitcoin "cycles" are dead? Our argument was logical and based on the fact that ideas that are given too much importance by retail traders tend to fail. 100k BTC 2021 is a good example of a narrative of this nature. It didn't happen. Why? Because that would have been too easy. Since then, they added another band onto...
Today went pretty much how I thought it would go. We rose to the $217 area and then started to move back down. If you were following along today, you know that was most likely the a wave and start of b wave. It is possible that was all of iv but doubtful. I expect us to drop to around the $207-$209 area before popping back up for our C wave of iv. If this plays...
After (or maybe) finished the correction wave ABC, XAUUSD will be continue going up? I'm not sure about that, but when I view the chart, It's potential for a short scalping setup now on. What do you think? Can you share with me your view and let me know if you have any question.
I have three 1/2's, the most recent one (in yellow ellipse) with an expanding leading diagonal 1 followed by a zigzag 2 (truncated C of zigzag). WXY correction in red ellipse, ABC expanded flat correction in orange ellipse. Overall, this is a very bullish chart.
i am flipping to bullish perspective if we develop the 5th wave. My macro SNP 500 is gravely bearish chart . And my bias was that it will pull Tesla down with it. However, Tesla dropped in what it seems 3 wave move, and now if we make small impulse here, it will change my opinion about shorting the TSLA stocks.
We got our confirmation that wave (4) in the higher time frame is not finished yet. Now we are looking at three bearish scenarios in the higher time frame. In the lower time frame, we might first see some more upside before turning down.
We got our confirmation that wave (4) in the higher time frame is not finished yet. Now we are looking at three bearish scenarios in the higher time frame. In the lower time frame, we might first see some more upside before turning down.
We believe we are doing a WXY structure in the higher time frame and we are currently working on the wave X up. The primary scenario suggests a wxy structure for the wave X which is missing one more swing up. If we make another low, then the WXY becomes an ABC structure.