The 9/27/23 low may hold for a relief rally into October.
SPY reached the top of a couple of pitchfork lines and has been lingering at the bottom of another ready to break out on the downside. RSI is also in a downtrend channel.
SPY fell as I predicted in the related idea. It followed exactly the RSI channel that I drew when I posted my earlier idea (yes, I didnt' draw it now but before SPY fell, on Sept. 11, 2023, when SPY was 448.38). SPY now looks ready for reversal (given the price reaching lower pitchfork lines and RSI reaching the bottom of the channel). Additionally, I have my...
The last chart i COIN I showed you (see linked) was a nice play. Will this one cooperate too? Let's analyze the chart: The white Fork's CL was reached. It came down hard and fell beyond the L-MLH. We see the orange Fork, a pullback Fork. Price struggled to jump above it's CL a view days ago, and now opened and closed below it, AND below the white Forks...
INDEX:BTCUSD BTC has put on an impressive rally from the November ’22 lows. (+105%) Now, it looks like it’s about to start turning over again for what I believe is the leg of the bear market. The Red Median Line set is drawn from major pivots: Dec ’17 high, Dec ’18 Low, and the Nov ’21 High. I plotted a (yellow) minor fork on ’22-’23 price action to show a...
Nasdaq daily cycle is putting lower highs indicating that price is now moving towards a cycle low, any upwards momentum can be expected to be halted by the blue resistance line. We can also see the median line of the Pitchfork is now acting as resistance. Bulls would not want to see price trade below the green horizontal line as this would represent a cycle...
Analysis: EURCAD is currently positioned at a significant weekly support level, indicating a potential reversal zone. Further analysis on the 5-minute timeframe reveals a notable change of character, suggesting an influx of buyers entering the market. Trade Expectation: Anticipating a reversal, I am focusing on the warning line of a pitchfork I've drawn on the...
FX:GBPUSD OANDA:GBPUSD Hello Traders, please check out my previous ideas. If the Pound stabilizes above the weekly Bollinger midline, the bearish scenario won't be fellfield. In the bearish scenario, the price can fall to the yellow zone. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱👤Otherwise, make sure you...
BINANCE:BTCUSDT COINBASE:BTCUSD As we specified in the previous analysis, Bitcoin's movements were limited in the green structure that was specified in the previous analytical idea. For this reason, the price started to fall from the level of 28 thousand dollars and could not stabilize at higher levels. Why? Because at that time there was no catalyst to...
NASDAQ:NDX SP:SPX 1:6 R/R Shorts C Wave en route Short it Fat_Fat
OKX:CSPRUSDT KUCOIN:CSPRUSDT Hello Traders, please check out my previous ideas. If the price stabilizes above the green areas --> 💥long scenario💥 targets are on the chart. optimum stop-loss is below the 0.016$ level. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱👤Otherwise, make sure you leave comments and let me know...
Gold by breaking previous low, gold is trending down to 1898 +/- as previous idea. As 1898 +/- is a confluence zone of 1) Demand Zone 2) Trend line.
CRYPTO:SOLUSD SOLANA DUMP INCOMING Why? - USD Strength - Weekly uptrend line broken - Leaving Mod-Schiff Fork - Weekly MACD Bearish Cross - Weekly DMI Bearish Cross (Pending) Don't let the log-scale chart fool you. We're looking at a return to $8 (December '22 low), or an even larger decline to $5 (the Aug '20 high) That's a 50% - 70% drop from current...
BINANCE:PEPEUSDT OKX:PEPEUSDT Hello Traders, please check out my previous ideas. If the price stabilizes below the yellow area, the long scenario won't be fulfilled. Targets are on the chart. Optimum stop-loss for long position is below the 0.0000008415 level. After what happened to Pepe's developer team and their conflict, there is a possibility...
Short EURUSD Looks double-toppy. Energy Point/Fib Retracement Levels down below. Shooting to take profit at the .702 retracement + Energy Point, around 1.070 Stop-Loss above the double top around 1.0761 Fat_Fat
Hello, according to my analysis of the uber stock, there is a good buying opportunity. The stock has broken the upward channel. We also notice that the arrow is in an ascending direction as shown by the patchwork tool. good luck for everbody
NPH is seeking a weekly low price, here we see price back at the median support of the Pitchfork, a good area for a bounce. Price can move to the resistance of the Pitchfork and breakout. If it fails then we can expect a visit of the median line but this time lower and support of the blue parallel channel comes into scope.