Looks like we are in the 5th wave of the Cycle HTF wave 3. My analysis suggests that this move will take anywhere from 6 months to18 months to finish before an aggressive wave 4 bear market on the cycle HTF.
Gold sell idea. Though process here is gold is a continutation sell. USD is gaining strength and Tresuary Yield is Higher. Which in turn will cause Gold to lose value. I think we will have to see Gold retest 1900.
EURCHF is forming a reversal set-up. Against the backdrop of the global downtrend, this doesn't tell us much, but if the price overcomes the resistance, a quick trend reversal could be in order TA on a high timeframe: 1) Strong bearish trend 2) Price continues to fall and test the bottom 3) Liquidity area that may be of interest to the market is above 0.96500 TA...
Hello everyone, welcome to the BNB to USDT chart review on a four-hour timeframe. We will start by selecting the uptrend channel in which the price is moving at the lower border, locally we can see that we managed to get out of the downtrend line at the top. When we lay out the Fib Retracement grid, we see that the price stayed in the strong support zone from...
GOLD after retesting the support area of the uptrend forms a false break of 0.5 fibo and declines, updating the local minimum at the beginning of the trading session. The market is forming consolidation below the previously broken support TA on the high timeframe: 1) Price in range, resistance was tested earlier 2) Price failed to make a new high on a retest of...
hi, there is an uptrend on this asset. price swinging upper 0.61 fib extension level, thats nice cuz price now above the 0.61 fibonacci retracement of 3 years. thats sense bulls are on control. i think price will range at upper level at august which 1.95-2.00. if needs a demand i think the changed 1.9 level is will be work as key. it has a nice bullish candle...
ADA inside of a HTF ABC correction.. Or is there more downside?
hi, when price 1.09 discount area, look for lower time frames for a bullish choch and get in to uptrend. now it is early under 0.61 level pressure to long, wait for end of bearish trend.
Barclays is currently trading within a Descending triangle that is visible on the Multi-Month Timeframes. It has had some wicks below the Demand Line already, but has yet to truly break down. Whenever it decides to truly break down, there are really no supports below it, so I think it will go and make new all time lows and reach one of the Fibonacci Extensions...
Gold is forming a quiet growth. Surprisingly, there is no violent reaction to the news, but at the same time the situation is still unstable. Today will be known data on employment and gdp. Keep an eye on the news! TA on the high timeframe: 1) Price forms a flat resistance retest. 2) This quick retest implies that the market is ready to continue rising. 3) Price...
Iridium Communications: A Great Company At A Fair Price NASDAQ:IRDM - Iridium Communications has done really well in recent months between landing another large contract and increasing financial guidance. - This has sent shares roaring higher, but this has a downside to it as well. - The stock seems to be more or less fairly valued at this time, even though the...
Earning 4/25/2023 Measuring GAP, target 820 Fib. extension 1.618, target 490 possible ABC pattern, Rally-Base-Rally. buy 390 Stop 366 Target 490 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Corrections both lasted almost a perfect year. People are beginning to accept the 4 year cycle based on the halvening. 3 years of bullish action, 1 year of bearish correction. If the top trend line remains valid into the next bull run, there is a case for a 240k coin. This would land the price action somewhere between the 2.618 and 3.618 fib extension. ...
FX:GBPAUD continues to form a bullish trend, as the high timeframe tells us. The price makes a false breakdown of the moving average and returns to the range. The price has returned to the ascending price channel and may form a retest or consolidation above the support level in the nearest future. At the moment the price is squeezed within the flat 1.9184...
Video Analysis. Are we starting a major Long Term Bull Market?
NZDUSD is making a perfect move within the previously formed idea. The currency pair breaks the ascending support and falls to 0.618. The target has been reached, But! TA on the high timeframe: 1) Price has passed only the first half of the way. The global target could be 0.6084 or 0.5985 2) Overcame the liquidity area, which is resistance at the moment and the...
ES (SP 500) Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines , Parallel Channel, Cluster, Confluence, Pitchfork, Gap, Fibonacci Retracement / Extension - Hope it Helps, Good Luck DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any...