NDX ended this week right at a golden fib (Euromotif’s system). We could see a pullback next week Monday-Wednesday. Look for pivots around this area.
Spy bounced a key fib this week perfectly - we are looking at a little more upside before there is a pullback.
If NQ1! has topped for primary wave iii of v, the top of 18709 tagged the 3.618 extension of i from ii and, at the same time, it tagged the 5.618 extension of (1) from (4). From a technical standpoint, it's a beautiful finish. I would think that 11806.25 would hold as support, but technically wave iv can finish anywhere above 4884.
Will this happen, or have we already reached the peak, possibly heading down to $50K or $40K? It just doesn't feel like we're at the top yet. I think we're at the 'Hope' part of the cycle. Top altcoins from the 2021 and 2022 cycles haven't even doubled or tripled in value yet. Maybe this time is different, but I haven't sold yet because I believe a rise is still...
Hello everyone, let's look at the 1H SOL to USDT chart, as we can see the price has entered a sideways movement and is breaking sideways from the local downtrend line. Let's start by setting goals for the near future that we can include: T1 = $154 T2 = $162 T3 = $168 AND T4 = $175 Now let's move on to the stop-loss in case of further market declines: SL1 =...
On the above 4-day chart price action has corrected 90% since the sell signal in February 2021. A number of reasons now exist to be long, including: 1) You know why.. 2) Price action and RSI resistance breakouts. 3) Strong positive oscillator divergence with price action. Multiple oscillators currently print bullish divergence with price action over 136...
Side-by-side comparison of ES1! and NQ1!. I'm proposing that both have impulse waves down from their ATHs to the lows of last week. Areas in orange ellipses show ES1! holding its low and NQ1! breaking its low. I'm interpreting this as evidence that each bounced off their lows with corrective structures, ES1! with a regular flat and NQ1! with an expanded flat....
We have reached a hidden bottom characterized by the 1.27 retracement of the rise from the October 2022 low. It marked a support level from June to October 2023 and had served as a resistance from November 2022 to June 2023. This long term relevance makes it interesting today again. If this possible valid support level will result in a bottom building we may see...
For those newcomers in bursa stock market, please beware of this counter. There will be manipulation play by some culprits namely V!¢70® ¢h!n a.k.a the M.A.F.I.A group. Nonetheless, i had do my best to predict how the play gonna be. Please put an effort to google the info on it. Strongly Trade At Your Own Risk. T.A.Y.O.R.
I think that if one is to interpret the move from 5333.50 to 4963.50 as an impulse wave, this is the best way to do it. Wave 1 of the impulse (orange ellipse) is a contracting leading diagonal. The proposed ES1! impulse wave down correlates nicely with NQ1!'s price action (NQ1! has an expanding leading diagonal in its impulse wave). If the impulse wave from...
Upon further sequence calculation, i personally opined that it would retrace in near time towards 0.79-0.80 before proceed with the main submillenium wave 1 highlighted in red. Trade at your own risk. T.A.Y.O.R T.A.Y.A.R yusuf taiyuk
While Mag 7 stocks recently rebounded, MSFT has entered a period of consolidation. In recent history bull runs resolve in >30% corrections after hitting Fibonacci multiples, with the bottoms forming a clear support trend line (Dec 18, Mar 20, Oct 22 & Jan 23). If MSFT loses the support @ $400 the stock may enter a multi-month correction cycle before finding...
No long story, the HTF is bearish, we are expecting price to take out the buyside liquidity for a continuation, currently the price is bullish on LTF due to draw on liquidity. Buy the market up close to the liquidity on HTF... Currently buying cos we've took out liquidity on LTF for a reversal. Genial stick to liquidity...
BINANCE:SOLUSDT is all set. We've got strong support at the 0.618 Fibonacci level. Looking back at the Fibonacci extension from the start of the first wave in early 2021 and the correction down to $19.21, we can see a crucial support zone that NYSE:SOL has consistently held. In my view, this marks the start of a new upward trend for NYSE:SOL , suggesting...
🔍The market is currently still consolidating, and we've reached the bottom of the range box. We're waiting to see if the price will continue to move upwards within this range or if it will finally break out of the box and move downwards. Given the sensitive nature of the market, we're examining the 4-hour timeframe to identify potential triggers for trading...
The highs of November and December are marking a support zone for Palantir. On February 5th to the 6th we'd got a window which is still open. This may support the zone additionally. The downward momentum is running out of steam. And we have reached the 62% Fibonacci level.
We just see a retracement of the long decline since January. As this is a downtrend already and we are holding below the EMA we can consider this as a retracement. This consideration is supported by the 65 % Fibonacci level from where the retracement started. When we take into account that we've got a double top which are the July and December 2023 highs we can...
🏃♂️The DXY index is moving in the Ascending Channel and seems to have broken the 🔴 Heavy Resistance zone($105.88-$104.65) 🔴, and is currently moving in a small Descending Channel and making a pullback to this zone. 🌊According to the theory of Elliott waves , it seems that the DXY index has succeeded in completing the Zigzag correction(ABC/5-3-5) inside...