Get started

Forecastingtechniques

Ethereum|The BULLISH trend continues until the price of 2800Hello friends, I hope you have made a lot of profit this week. Let's go to Ethereum to have an overview of it. At the moment, Ethereum is involved with a daily resistance zone as well as a 4H resistance zone. This supply area has been tested several times, now the debate is whether the buyers are winning the game or the sellers. If this area is broken upwards, we will enter buy positions on the pullback to this area. If it falls from here, we will enter buying positions in the demand areas that I specified in the chart. My possible target price is 2800, but never enter the position without confirmation, don't forget the SELL limit.
Long
by Golden_Star1994
3
Fed's Hope in 2024 - Their Projection & PlanDuring the December FOMC conference, the fed said the appropriate level for interest rate or the fed funds rate will be 4.6% at the end of 2024 from current 5.5%, 3.6% at the end of 2025, and 2.9% at the end of 2026. Many reporters take that as Fed’s hint to cut rate in 2024, but the Fed added saying these projections are not the committee decision or plan. So what is the difference between a projection and a plan? And how will the market performance in 2024? Dow Jones Futures & Options E-mini Dow Jones Ticker: YM 1.00 index point = $5.00 Micro E-mini Dow Jones Ticker: MYM 1.0 index points = $0.50 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
ECONOMICS:USIRYY
by konhow
4
AI-Assisted Prospecting for Insider Trading Opportunities - ALGNInsider Trading and Corporate Activity Analysis: Insider trading activities can provide crucial insights into a company's prospects and internal sentiment. Align Technology, Inc. (ALGN) has recently made notable moves in this context: * Align Capital Agreement & Stock/Bonds Purchase Approval: In January 2023, ALGN secured a new agreement with Align Capital, R.S. Puram, and received approval from 60% of Directors for Stock and Bonds Purchase/Share Rights. These actions indicate the company's optimism about its stock's future performance. * $250 Million Technology Repurchase Agreement: The announcement of a $250 Million Technology Repurchase Agreement further demonstrates ALGN's confidence in its stock's value. News Flow Analysis: Recent news articles shed light on ALGN's current state and market sentiment - * $250 Million Accelerated Stock Repurchase Deal: ALGN's intent to return value to shareholders reflects confidence in its stock value. * Accelerated Buybacks After Stock Drop: This move seems to be a reaction to counterbalance a significant price decline, potentially signaling undervaluation. * Expected Completion of ASR Transaction: The transaction, funded with Align's cash, is expected to conclude by approximately January 30, 2024. * New Accelerated Stock Repurchase Agreement: ALGN entered an agreement to repurchase $250 million of its common stock, emphasizing its aggressive buyback strategy. * Stock Performance After Earnings: Despite softer-than-expected earnings, market analysts retain a positive outlook on the stock. * Piper Sandler Price Target Adjustment: While there's a downward adjustment in price target, it still suggests a potential upside from the current price. Financial Analysis: * Earnings Expectation (Q3 2023): ALGN anticipates a YoY increase in earnings with higher revenues for Q3 2023. * Earnings Report Date: October 25, 2023. * Forecasted Earnings: $2.27 per share (YoY change of +66.9%). * Expected Revenue: $1 billion (up 12.4% YoY). * Earnings ESP: -3.84% (suggesting bearish sentiment among analysts). * Zack’s Rank: #2 (Buy). * Historical Performance: ALGN has exceeded consensus EPS estimates 3 out of the last 4 quarters. Takeaway: Despite recent bearish sentiment from analysts, ALGN's history of surpassing EPS estimates and its strong Zack’s Rank suggests the potential for a positive earnings surprise. Contrarian Perspective: While ALGN's upcoming earnings report holds promise, the broader tech sector faces challenges due to chip shortages. Any adverse impact on ALGN's operations or earnings falling short of expectations could exert downward pressure on the stock. Investors should pay close attention to the earnings call for insights into business conditions and future guidance. Long Position on Align Technology (ALGN): * Entry Point: Current market price +/- $185.20 or below, or ideally as low as $183 * Stop Loss: Tight @ $180.31 or less, or as low as $180 * Profit Targets: $196.44 (partial/swing) / $212.31 (close) * Time Horizon: Before end of winter, 2024 (late February) * Probability: +/- 70% up to "Partial Profit" target (due to positive sentiment around stock repurchase, according to ChatGPT) Watch the Livestream ...
NASDAQ:ALGNLong
by TheLeadingIndicator
Brent Oil: Ready for a Rally?Brent oil prices have skyrocketed in recent months, from about $70 a barrel in June to more than $90 a barrel today. This is due to a number of factors, including: Fundamentals Tight supply: OPEC+ has cut output to support prices and there are concerns about supply disruptions from Russia due to the ongoing war in Ukraine. Strong demand: Global oil demand is recovering from the COVID-19 pandemic and is expected to continue growing in the coming months. Weaker US Dollar: A weaker US dollar makes oil more affordable for buyers using other currencies. Technicals 30-minute chart: Brent oil is currently trading in a bullish trend channel on the 30-minute chart. The RSI indicator is above 50, suggesting that buyers are in control. The MACD indicator is also bullish, with the MACD line above the signal line and the histogram turning positive. 4-hour chart: On the 4-hour chart, Brent oil is also trading in a bullish trend channel. The RSI indicator is above 50, and the MACD indicator is bullish, with the MACD line above the signal line and the histogram turning positive. Daily chart: On the daily chart, Brent oil is trading above its 200-day moving average, which is a bullish signal. The RSI indicator is above 50, and the MACD indicator is bullish, with the MACD line above the signal line and the histogram turning positive. Conclusion Overall, the fundamental and technical outlook for Brent oil is bullish. Prices could continue to rise in the coming days and weeks, especially if there are any supply disruptions or if the US dollar continues to weaken.
CAPITALCOM:OIL_BRENTLong
by YMagnify
2
How to Profit from Trend Exhaustion - XAGUSDHow much ... and when? What else is there to know? Enjoy this multi-timeframe tour of the XAGUSD chart to learn how I find MAJOR reversals and targets BEFORE price action reaches them. As always, I strive to produce charts that speak for themselves, and yet this is my video debut here on Tradingview, and I could not be more pleased to narrate this unusual experience. If you enjoy it or, better yet, if you learn from it, then consider this a preview of forthcoming weekday morning livestreams, which I hope you will follow. Until then, be liquid!
OANDA:XAGUSDEducation
by TheLeadingIndicator
4
"Thrill Rides is our DNA" - 7:1 Long on SIX What a rollercoaster of a stock since before the crash of of 2020 ... my charting of Six Flags is inspired by just now listening to a video about the company (not produced by me), and by my recollections of Magic Mountain from as early as the 1970s. Hopefully you will challenge my forecast and/or my measurements with your tough questions, since this venue is meant to arouse the reverse-engineers and to provoke the thinkers to do what we do best, right? As always, I strive to render these ideas of mine so obviously that their explanation will require no words. Although my trading strategy is built on innate Pattern Recognition and a hard-won sympathy for the Market Maker’s Business Model, my tactics - including the beauty of Tradingview and how it makes me look good - are based on identifying the opportunities within VOLUME, VOLATILITY and TREND EXHAUSTION. The details of the chart speak for themselves, however the fundamental narrative on which it is based is not all mine, only my initiative to look for a trade in it (see links below, for reference). You will note that, as of this writing, the price has not fallen into my entry point, nor do I have conviction in the full harmonic potential. Even the heat map w/in the Range Analysis agrees with my medium term vision, which ends in an implied retracement. Another 8:1 Long trade is also implied, should this forecast play out, however that will depend on fundamentals that will have evolved significantly by then ... which is to say that Six Flags may not survive a recession even with a decent turnaround strategy. I am preparing a video on prospecting for opportunities during the current Sector Rotation, and Six Flags might become part of it. First, though, I have a few more ideas to upload as I update other key charts for the final Quarter of 2023, in preparation for live streaming. Until then, be liquid !!! . . . NOTES: "The Death of Six Flags Is Getting Ugly" www.youtube.com After reporting their Q2 Six Flags 2023 earnings report, Six Flags stockholders have been shell shocked and the future of Six Flags looks dim. What will become of all the best roller coasters in the world that the Six Flags parks have assembled? Will 6 Flags survive or will the Six Flags 2023 season be one of their last?
SLong
by TheLeadingIndicator
XRP Bull Breaker - Alternate View By Popular Request (5:1 Short)My most popular idea by far, with over 70 comments in half as many hours, is this one, which I've revised in order to show the Trend Exhaustion details w/in the AVWAP Array on the 1D chart. Again, if you are a long term Bull, you won’t like it, and yet since I operate by the Steel Man principle, I welcome your toughest questions and chart-based counter-arguments. As I always, I strive to render my ideas so that I need no words to explain them, although I can (and do) write detailed paragraphs (elsewhere). Anyways, in the medium term, I expect price to fall to the $0.3785 shown here, which also marks the Point-of-Control from the last major swing low. Price Action already tested the positive 3rd Standard Deviation of the AVWAP from the same reference point, as shown, and will, by degrees, retest the negative 2nd Standard deviation below (+/- $0.22 USD as of this writing). The stop loss shown here is discretionary and conservative, and should be revised for current conditions if you are considering a short trade. Closer study on lower timeframes may reveal a better entry or stop loss as the chart unfolds over time. Hopefully this version clarifies a few details for the confused. In practice, the Trend Exhaustion Wedge reveals stop loss and profit targets for day traders on the lowest time frames (minutes, even seconds), which are, by nature, moving targets on any given day. The AWVAP Array, on the other hand, is dynamic, and prints according to the timeframe, unlike the trend lines. I intend to start live-streaming soon, so feel free to ask questions if you have any. Critical thinkers only ... XRP-Trolls need not apply. Until then, be liquid!
BINANCE:XRPUSDShort
by TheLeadingIndicator
13
XRP Bull Breaker - 7.77:1 Short + Longterm ForecastI just finished a complete overhaul of my XRPUSD chart, a portion of which is on display here in order to publish my medium and long range forecasts for this most “distributive” of digital assets. If you are a long term Bull, you won’t like it, and yet since I operate by the Steel Man principle, I welcome your toughest questions and chart-based counter-arguments. As I always, I strive to render my ideas so that I need no words to explain them, although I can (and do) write detailed paragraphs (elsewhere). Anyways, in the short term, I expect price to fall below the $0.3785 shown here (purely for the 7.77 R-Value) down to ~ $0.34, then to ~ $0.28 in the medium term and finally to ~ $0.22 at or near the next BTC Halving event. From there your eye leads up to the Trend Exhaustion Limit and retraces until the end of 2025. Three years later, if my forecast is correct, there will be a final speculative peak, after which price should level off to some stable range of intrinsic value of ~ $5.89 throughout the next decade. Obviously, this chart is not tradable, per se, and serves instead as an an introduction and reference point for lower timeframe ideas and videos I intend to publish. The complete chart has many granular details for targeting stop losses, and new details will be constantly updated (and erased) as price action unfolds. Until then, be liquid!
BINANCE:XRPUSDShort
by TheLeadingIndicator
92
Enjoy my Bitcoin Chart & its Bearish ForecastThose who know my work will recognize that my chart has taken this essential form for over 18 months, with only minor refinements. Hopefully you will challenge my forecast with your tough questions and counter-arguments. After all, this venue exists to arouse the reverse-engineers and to provoke the thinkers to do what we do best, right? As always, I strive to render these ideas of mine so obviously that their explanation will require no words, and this forecast is no exception. My trading tactics - including the beauty of Tradingview and how it makes me look good - are based on identifying the opportunities within VOLUME, VOLATILITY and TREND EXHAUSTION. There are too many details here to discuss, which I will save for future, more detailed posts. For now, you may concentrate on the downside targets and how the price action interacts with the implied forecast as we move forward through time. On a practical level, this chart is meant to be traded on the 15 minute chart and below, all the way down to 1 second. Whereas the big picture imparts a sense of directional bias, the hyper-granularity of the many intersecting color-coded diagonals reveals precise targets on the lowest time frames suitable for daily scalping in the futures markets. Speaking of the future, until then, be liquid !!!
INDEX:BTCUSDShort
by TheLeadingIndicator
2
How We Use The Forecast Model PatternsThe current position of all patterns (with the exception of the Cumulus Triangles) are not set in stone. The patterns can extend across many different price and time ranges at any given point in time. The current positions are default locations determined by analyzing the historical average position were each pattern occurred across all cycles. We currently have every pattern in this default position to help us gauge where the Bitcoin price most likely will be in the future, and to compare historical price behavior to the current situation. Thanks for watching!
INDEX:BTCUSD
by TheCryptoWeatherChannel
🔍 Understanding the Volatility Crush: Navigating ETH Recent PA Hello, traders! In the ever-evolving world of cryptocurrency, we often encounter intriguing phenomena like the "volatility crush." 📊 🔍 What is a Volatility Crush? A volatility crush occurs when the price of an asset, in this case, Ethereum (ETH), experiences a significant reduction in its price volatility. It's like the storm clouds clearing after a turbulent period, leading to calmer, less erratic price movements. 💡 Recent ETH Price Action: Indeed, as you've observed, ETH exhibited rapid price movements at the end of last month. However, at the start of this month, there's been a noticeable decrease in trading volume and price volatility. This suggests a potential volatility crush in progress. 🌪️ Adaptability in Wild Times: So, how can traders adapt during such times of reduced volatility? Diversification: Consider diversifying your portfolio beyond ETH. Explore other cryptocurrencies or assets to spread risk. Risk Management: Tighten your risk management strategies. Lower leverage and set stop-loss orders to protect your capital. Stay Informed: Keep a close eye on news and developments. Crypto markets are sensitive to external factors, and unexpected news can spark volatility. Patience: Be patient. Reduced volatility doesn't mean inaction. It might be a good time to reassess your long-term goals and strategies. Education: Continuously educate yourself about market dynamics. Understanding the underlying technology and market sentiment can guide your decisions. Remember, adaptability is the name of the game in the crypto world. The ability to shift your strategies as market conditions change can help you not only survive but thrive in wild times. Stay vigilant and trade wisely! 🚀📉 #CryptoInsights #VolatilityCrush #Adaptability #ETHPriceAction
Education
by GMthepipgod
The FOMO Funnel! 🌪 Forecast Model Churns Out Another Pattern!In times of extreme FOMO the Bitcoin Market can be an emotionally challenging place. The Crypto Weather Channel's Forecast Model (The Jet stream) spins out yet another price pattern in the Bitcoin chart to help us navigate these times. Also, a few additional price targets will be established as we approach this moment. No one but The Crypto Weather Channel is planning this far ahead in the future! Thanks for watching.
INDEX:BTCUSDLong
by TheCryptoWeatherChannel
Nifty Wave Count Update and Price ProjectionHello friends, After C truncation - impulse started and yesterday we got 1 more confirmation of channel breaking. Here I am posting approximate target of all impulse waves - it is not definite it is approximate spot nifty entry 18049 stop loss 17870 exit value 180404.85 Wave 1 = 10 hourly candles from 17761 to 18049 Wave 2 = 6.2 candles 17870 wave 3 = 16 candles 18627.88 wave 4 = 6 candles 18116.85 wave 5 = 10 candles 18404.85 This is an estimate - subject to change
NSE:NIFTYLong
by KardamRishi
Time and Price Pivots - XRPHello traders, this chart is an exercise observing the relationship between time and price. Specifically, we are observing how past price behavior may forecast future highs and lows. For this example I've picked XRP/USDT on MEXC since that is what I use to trade currently but this can be done on any instrument/chart and repeating this on the exchanges should yield similar results. First let me break-down how this is constructed. If the information seems vague - I'd be happy to do a tutorial once I have enough TradingView reputation to post pictures for a tutorial to do a true break-down. Anyway, we first start by: Drawing a horizontal line on the range low and high. We then draw a trendline from the low to the high and observe the angle of the line. Regarding angles and chart scaling: It is important to note that this process should be done with either a locked chart scale or extreme restrain of scaling time and price bars. The above example was done on a logarithmic chart. I have not tested yet to see if the results are really any difference from a locked chart. However, the important thing to grasp is that the angles are all relative to your current scale. So when you are squaring the range , as I will mention shortly, the 90 degree angle you form is relative to your current scale and if changed will be relative to that one, and so on and so forth. There is a slightly degree of inaccuracy, but I think that mostly has to do with how TradingView tools seem to "snap" regardless of magnet settings. Continuing on: We square the high and low of the range by forming a 90 degree angle from the trendline on the high and low. We then find the 1/2 angle (45 degrees) and draw these as a trend line for the high and the low Continue to divide the space between the angles this from both the high and low. A Gann fan with the 1/2 point aligned with the 45 degree line can be sufficient. Take note of a few things: Where angles intersect the high and low of the range. Where angles intersect each other. Observe what happened at these moments in time. You will notice a pattern of highs and lows forming at these moments in time. The angles provide dynamic support and resistance, whilst the intersection provide us a time when the market pivots. This can be done on any timeframe. Now, some could argue, "If I divide my chart up a million times, then of course I'll hit highs and lows." Yes, but I didn't. In fact we only have 20 angles or so on this chart where we can derive with accuracy these pivot points. Almost all intersections are at a high or low. I would also add that these points don't mean something HAS to happen , but these should be areas of interest where it is HIGHER probability for market to shift. Using this data we can essentially forecast potential points time where we could expect shifts in the market - a new high or low. I have March of 2023 marked as a potential area of interest next year as we have two of our major lines intersecting then.
by Ictons
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY Due to MARKET RISK being on in the previous days, AUDJPY is slightly UP. But even now we see that the MARKET is somewhat MARKET RISK ON. We expect AUDJPY to RETRACE to higher resistance. Anyway, if AUDJPY goes DOWNSIDE again, VIX should go up, JPY should go up, and STOCKS should go down. The dollar should continue to strengthen in this way. If MARKET RISK is ON, you can definitely BUY at 96.21 LEVEL. Currently, MARKET RISK is ON. But somehow it may go down to 89.74 LEVEL before going UP. After that, AUDJPY may go up to 96.31 LEVEL. To buy AUDJPY, VIX must be DOWN and SNP500 must be UP. Further, the TREND LINE should be BREAK. And COMMODITIES should definitely be UP. We are waiting for the change in the above mentioned MARKETS. If the dollar is strengthened by the FED, MARKETS RISK should be off. Then after JPY STRONG, AUDJPY can be LONG TERM BUY.
by benny_marshall
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY - USDJPY is currently BUYing. The reason for that is that with US ECONOMIC DATA being POSITIVE, UJ was BUY very well until last week. And FED UPDATES were very POSITIVE. Another major reason was that the dollar continued to strengthen on Friday's LABOR DATA. So JPY went down automatically in previous days. But with the intervention of the BANK OF JAPAN, there is now a very good demand for YEN in the market. - At the moment, the MARKET is taking a bit of RISK OFF, that's why the JPY is going up. According to the USDJPY ANALYSIS we provided earlier, the USDJPY UPSIDE WAVE is currently UP around 120 ++ PIPS. - There is definitely a high chance that USDJPY will go down a bit more and move to 143.536 LEVEL. The reason for that is because the MARKETS RISK OFF is already happening, so it can happen. After that USDJPY price can go up to 148.194 LEVEL. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
by benny_marshall
Gold analysis and signal🧐No comment! Everything is visible in the chart! ✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and investment decision. ------------------------------ ✅ Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed, and ask any questions about chart analysis. Thanks for your attention
OANDA:XAUUSDShort
by Arknex
CADJPY : Current Situation & Technical , Fundamental View#CADJPY - At this point, CADJPY is selling very well due to the current MARKET SENTIMENT. So CAD automatically went down. Also, unexpectedly, a JPY STRONG came in the last few days. This was because the Bank of Japan intervened to strengthen the JPY. - But after that the price of OIL went down very fast. Due to this reason CAD was sold very fast before. You can check it by going to CAD CHARTS. But now with JPY WEAKNESS, CADJPY is selling very fast. - Currently, the MARKET is slightly RISK OFF, JPY is going UP, therefore, CADJPY is being SELL. - Definitely CADJPY should be slightly DOWN until 102.91 LEVEL. After that, the possibility of moving to 110.06 LEVEL is very high. The reason for that is because even now OIL PRICES are going up a bit.
by benny_marshall