This week, we take a look at the technical analysis of S&P500 from monthly down to 4Hours, in order to see any trading opportunities in the market and the US market in general. Here, is the index forming valid inverted head and shoulder price pattern? N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
This week, we take a look at the technical analysis of S&P500 from monthly down to 4Hours, in order to see any trading opportunities in the market and the US market in general. Here, is the index forming valid inverted head and shoulder price pattern? N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
The 2018 fractal seems to be playing out flexing to the Golden Ratio ($6900.00) Spring 2023 shows a price spice t0 $4300.00 and a retrace. Feb 2023 seems to be a slow crunch upwards. Lets see if this narrative plays out.
FANTOM - FTM flexing - Andre's Prophecy Update DEC 2022 ; Andre posted some pumpy financial stats. FTM immediately initiated an off the bottom pump structure. His stats etc are indeed very bullish for FTM's future (basically have massive cash dev runway/managed/ponzid their way to a very strong position going forward). That means DEFI round 2 will prob see FTM...
I expect GBPCAD is going to do its correction movement after such long rally, and the spot I found is a supply area with imbalance candle (FVG) near the fibo 82.8. We can find confirmation if need in LTF M15 to find a bearish reversal structure to be sure
We can see on Low Time Frame (LTF) H1-H3 there is a Break of Structure (BOS) and formed a potential short term bearish movement.
H1-H3 has break its bullish structure and recently the price is making pullback and building the liquidity area. I expect price will react on the supply area and will go down to sweep liquidity that has been formed below.
12/5/22 - I would like to wait until price gets to the yellow line just above it, then check for any divergences to hint for any downside plays.
LTC is in very similar bottom fractal in price action as well as in RSI. If the fractal is to be repeated, we are expecting one more down wave and consolidation with higher lows after that, before the next bull market.
A BULLISH scenario may be in play There are 2 mid cycle 75% Draw Down Scenario at play. 2013 & 2020 The entire market is on a knifes edge, waiting for a move. $17.5k will nee to be breached and there could be an explosive upward march to $23k. The resistance will need to be broken to make a sound decision to determine if it is a mid cycle bullrun, if $23k is...
Fibonacci wave metrics inputs of which are based on critical levels HL for example the bottom of covid19 selloff and current ATH. Together with the linear expansion of FREMA bands and Fib intersections we can evaluate the right angle by the fact of systematic passing right through Fibonacci crossings. Calibration of market pulse must be outside of my subjective...
The 85% Draw Down narrative hits the 0.618FIB @ $10.1k mark. If the 2015 Fractal plays out, there could be a bigger dip to $7.8k hitting the 0.702FIB. - This means it will reach a 95% Draw Down which would invalidate the 85% historical theory. WHAT WILL HAPPEN? $23k Potentially Rally for the Bulls in the near future $10k BTC in January? Bear for now.
Hi everyone. Euro, after touching the weekly base and hitting the trend line, we expect the correction of this X-wave, and we will continue to see the fall of the Euro.
Possibility looks like LULU forming bearish price action.
Hi everyone. As we can see in the chart, a correction wave abc is forming and it is expected that the trend line and the formation of the fifth wave will advance from wave c.
As we know these bands aren't just formulated the way they are. For those who's a good observer noticed the fact that upper hot color channels expand/contract differently from lower cold color bands. h1 = out + bpma * mult //+1bp c1 = out - spma * mult //-1sp h2 = h1 + bpma * mult //+2bp c2 = c1 - spma * mult //-2sp h3 = h2 + bpma * mult ...
This is my view for this week on USDCAD. I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me...
Lets risk 1 % each thast a first time back to ftr thanks humback lord amin sharif