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...
Hello everyone, let's look at the 4H BNB to USDT chart, as we can see the price has been moving in a sideways trend channel for a long time and currently we can see the price moving near the upper border of the channel, which is staying just above the local uptrend line. Let's start by setting goals for the near future that we can include: T1 = $594 - $611 T2 =...
- A bit messy graph. - Some peoples will get it and some not. - in matter of time and fibo analysis. - More will BTC take time to go up. - More BTC price will go higher. - in simple words, if u compare the 2015 bullrun and 2018 : - 2015 was 1055 days ( around..) - 2018 was 820 Days ( excluding the bouble top) - Nothing much to deduct from that, but 2 scenarios...
Excellent buying opportunity at $26 for RDDT *This is not financial advice*
On the above 4-day chart price action has corrected 10% from the 4600 summer high to find support on the Golden ratio. A remarkable moment now exists to have long exposure. Why? 1) RSI and price action resistance breakouts. 2) Support on 2022 resistance. What a signal! 3) The Cup and Handle pattern confirmation is textbook. The handle breakout follows strong...
Resistance Zone And Support For EURNZD Is Showed In Chart
Follow-up to my previous 5137 Top Call (click). Markets appear to be retracing finally. This could be just the start of correction. Minimum next leg depicted goes to 4900-ish. $ 5109-5137 is major resistance that may be retested. $ 5044-5049 a minor support that will hopefully bounce. $ 4896-4924 is next major support and BEST GUESS...