As forecasted we saw more upside in the FTSE. We now reached areas from where we can start to reverse. We are looking for exhaustion signs to end wave ((y)) and wave W.
The primary scenario (in green) is playing out and it looks like we finished wave (X). We can expect more downside as a wave (Y). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY.
Good evening from Ukraine! Dear colleagues, I am glad to welcome you! If it's longs, then maybe so, because the demand test can be considered complete, and a supply test is needed before moving up. Thank you all for your attention, I wish you success. Sometimes you win/sometimes you learn. P.S. ...Think positive)
In the future, when the market reaches the discount area, the expectation of encountering this order block and the accumulated liquidity of the price ceiling and swing structure will change and we will experience an upward trend.
CME_MINI:NQZ2023 - PR High: 15684.75 - PR Low: 15671.25 - NZ Spread: 63.5 Evening Stats (As of 12:15 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 235.95 - Volume: 21K - Open Int: 236K - Trend Grade: Neutral - From ATH: -8.2% (Rounded) Key Levels (Rounded - Think of these as ranges) -...
Fundamentally, it looks like the crash was orchestrated by those who received BINANCE:HIFIUSDT for holding MFT tokens. These holders received over 70% of HiFi tokens, so it is surprising that they sold off part of their bags. We are not going to try and catch the falling knife, rather, we will open short at the right level. This is my analysis on HIFI, what...
Hi dear friends, hope you are well and welcome to the new trade setup of Venus (XVS) with US Dollar pair. Recently we caught almost 15% pump of XVS as below: Now on a 4-hr time frame, XVS has formed a bullish Gartley move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 39.3/61.80% Chart time frame : C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : A A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance....
This is an ACTIVELY managed BLOG CONTRIBUTION, which will be UPDATED WEEKLY with comments and trade ideas. | This way, I generate a SERIES for you, where you, as a reader, can - ACTIVELY - learn from the analyses, decisions, & interactions | In the following analysis, I do NOT highlight any specific scenario but neutrally look at the higher timeframes in the...
This is an ACTIVELY managed BLOG CONTRIBUTION, which will be UPDATED WEEKLY with comments and trade ideas. | This way, I generate a SERIES for you, where you, as a reader, can - ACTIVELY - learn from the analyses, decisions, & interactions | In the following analysis, I do NOT highlight any specific scenario but neutrally look at the higher timeframes in the...
This is an ACTIVELY managed BLOG CONTRIBUTION, which will be UPDATED WEEKLY with comments and trade ideas. | This way, I generate a SERIES for you, where you, as a reader, can - ACTIVELY - learn from the analyses, decisions, & interactions | In the following analysis, I do NOT highlight any specific scenario but neutrally look at the higher timeframes in the...
D: Uptrend, price retraced 61.8% and hit -61.8% 4: Consolidation, price retraced 38.2%, hit -27% and consolidated. 1: Downtrend, price retraced 38.2% + bullish divergence with a gap at market open. CURRENTLY: I'm looking to see if price will close the gap and retest 1H trendline, then go short to -27 on minior structure fib. TP @ 0% TP2 @ -27% TP3 @ -61.8...
D: Uptrend, retraced 23.6%, hit -27 FIB and broke below trendline. 4H: downtrend. Retraced 38.2% and hit -27 FIB + Double bottom @ 4h zone + Bullish divergence 1H: downtrend. Retraced 38.2% and hit -61.8 FIB + Bullish RSI CURRENTLY: Since price hi -61.8 on the 1H FIB + DBL Bottom on the 4H zone, I'm looking for price to reverse and go long to -27 on 1H FIB @...
Hello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price is moving above the local downtrend line. After unfolding the Fib Retracement grid, we see that the price remains at the upper limit of the support zone from $1,625 to $1,607, then we have the second zone from $1,577 to $1,557, and then strong support at...
As we can see price is near major daily support of 25K$ and we are looking for breakout to the downside and more dump only after that like the red arrows on chart. Major supports now are: A. 25000$ B. 23500$ C. 22000$ Major Resistances now are: A. 27000$ B. 28330$ C. 29000$ DISCLAIMER: ((trade based on your own decision)) <
As we can see major daily support and last support here is 1500$ so if the range here continue and this support zone break then we can expect heavy dump like the red arrows on the chart. DISCLAIMER: ((trade based on your own decision)) <
The global economy is facing a number of challenges, including rising inflation, slowing growth, and geopolitical tensions. These challenges have led some economists to warn of a potential stagflation environment, characterized by high inflation and low economic growth. Overall, the dollar had a few battles with other intermarket factors that tried to halt its...
✅Bitcoin managed to break the Uptrend line a few minutes ago. 🌊According to the theory of Elliott waves , Bitcoin managed to complete a Zigzag correction pattern(ABC/5-3-5) in the areas above the 🔴 Resistance zone($27,000-$26,350) 🔴 and near the 🟣Yearly Pivot Point($26,719))🟣 . 🔔I expect Bitcoin to go Down in the coming hours and at least drop to the 🎯...