RISKS ASSOCIATED WITH FOREX TRADING Trading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. In this case, as well, the high degree of leverage can act both against you and for you.
I can now count the move up from 4954 two ways a simple abc rally into .618 or the chart posted 5 wave up for a wave A I lead towards the ABC both had the math into the same targets . I have moved out of the longs 75 % to zero and moved into 35 to 40 % long PUTS best of trades WAVETIMER trade # 23 for 23
The chart posted is Low odds BUT must be looked at as the wave structure and the cycle s turn may 8th is nearing .I Am net long spy msft gld dia I have changed my positions and added this morning near the low in GLD I am also looking to buy BITCOIN I have target 56200 to 55900 but we may not get to it .
4H is swing bearish M15 is swing bearish => Current is pullback up We sell in this OB block
Final Take on the higher time frame: ------------ Fib Quarterly Gann IPDA OHLC/OLHC ------------
Sensex has made an ATH at 30 Apr 2024 13:45 candle and retraced down to 74346.60 on 30 Apr 15:15 candle. We are facig resistance at the 50% of the swing. So Gann 50% rule is at work. The important level is 74498.50 on charts. The levels to watch are 74705 and 74518. Breakouts or fakeouts need to be watch outside this range. On upside the level to be watched is...
Possible Bump and Run Bottoming Reversal Pattern forming. Found support from over a year ago and look at the Volume on the daily (Volume precedes Price). Williams Percent Range nearing a bottom on Daily. The smart money is starting to accumulate at these levels, check out any of them CRON, GCG, GTBIF, TCNNF and they all look similar. NFA, just my thoughts.
If things continue down could we see the final bounce in the mid to low 40k region or will we hit 35k… Or is the reversal in? For two years I guessed 52-56k was the Macro Cup
Everything needed to anticipate the higher time frames. Range: HL/LH Range OC (Volume) Range Quarterly Theory Extra: IPDA range's
very odd volume on very red candles. this is not financial advise.
There's the out look long term - day/week charts are main High Timeframes from now on in clearly... Only options are, it goes higher from 50% pulls back finishes 75% - doubt it. Consolidates from 50%, plays between 75% and 25% - Likely. or we drop to open (near 25%) consolidate then rally to 75% to finish the year. - Likely.
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about AXL AXL THE Bearish pennant Breakout has already Confirmed in 12H Timeframe ✅ Expecting 50%Bullish wave in Coming day's 🚀
type of order: Market sell order. Let's check if we can collect profits between tomorrow and next tomorrow. Good luck.
The trend line has been tested but not crossed, we have set this as a buy zone, if it breaks out all we will do is I mentioned this region in the update of the analysis I shared this morning. You can see it in the quote. I'm still looking for shorts on the EUR pair.
Looks good to make a next leg of rally as the weekly candle closes above Gann levels 388 Technically looking great in all the lower time frames and the higher timeframes isbveign posted here just for the clairity SL below 385 levels and targets are marked as per the blue horizontal lines.
Quarterly Theory - we are in the second quarter of the 2nd yearly quarter Which basically means we're in the manipulation period - we are either about to enter consolidation or about to get our final buy to sell program before the distribution phase from the 50% in theory...