📊Analysis by AhmadArz: Pay more attention to the pivot points because it is an accumulation zone. 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
As described before one of the worst index's to have been exposed to for decades WHILST during rampant #UK inflation The FTSE did nothing to help you out. Yet here we are about to see it get sent to 5 figures.
In Dollar terms. We have analysed the FTSE100 #UKX the GBPUSD and UK Housing on a big time frame scale before. Here we have the FTSE 100 and the UK companies which have pricing power versus #Sterling which we know is heading to sub $1 As we have expectations of the #GBPUSD to target 0.71 in a head and shoulders target close to a 50% drop from current...
A return move to previous high's is what the inverse head 7 shoulders is forecasting. Which is likely to happen in the next couple years. 30 years to get back to those levels! An entire generation! It's why deep capital markets , technology, having the reserve currency $, some financial doping, an entrepreneurial workforce, and degen investor base all...
If you've just been a position (swint trader) with shares this year. You'll know it's been bvery difficult and challening. We've seen world markets move in a sideways motion which I like to call the Twilight Zone. FTSE 100 - UK- DAX 30 - Germany CAC 40 - France ASX 200 - Australia It breaks down, it goes back up into the range. It breaks up and it goes...
Technical Analysis and Outlook: Based on this week's trading action, the Inner Index Dip 4212 seems to be experiencing a bias to a continued downward side pattern. The Mean Sup 4246 is playing a crucial role in holding the price. But, there's a chance that the market could rebound to Mean Res 4340 and even extend to Mean Res 4400 on the upside potential.
Index: MSCI World Index Fund Introduction: Hello everyone! Today, we are looking at the MSCI World Index Fund to gain a broader perspective on the global equity market environment. Based on our current analysis, we can see the formation of a classic technical pattern, signaling a potential reversal from the preceding downtrend. Analysis: Over the past 371...
Gold prices remained pressured on Thursday for the second straight day despite a weaker US economy. The reason may be related to the market rushing into the US Dollar amid concerns about the expiration of the US debt ceiling and the collapse of the banking system. The news becomes even more important and negatively impacts risk appetite as the US Treasury has...
NZD/USD is still in sell correction face, but complex correction can occur, or a simple correction. Let the market give a clear move next week. According to the ELLIOT WAVES RULES after an impulse you expect correction
BTC DOMINION OPTION Hello traders this market could be facing selling part to Bull alt market next According to wave counting, wave 1 and 2 is done and now Wave 3 and 4 is the following plans if it is going to work out for me, I think we are in a complex correction for the next wave. If we look at the corrections A and B is done, Wave C is forming an ending...
EUR/JPY needs a fully complete correction for the sell option before starting another bull run. Think about it
It was announced today that the Queen has passed away today after a 70 year reign. We look at whether this has affected the pound. For GBP/USD the market has not been affected as significantly as traders may have thought, considering the overall negative market sentiment. The pound dollar continues to consolidate within the range indicated with the daily RSI...
BTC/USDT Day trading, short term traders should be very careful to go long, because of the bearish flag pattern setting up. DOO we are expecting a correction to complete WAVE 5 according to ELLIOT WAVES count. Investors can start buying, but day traders should be careful. Wait to buy at the support or sell at the resistance, because the market is ranging
Terra (LUNA) eyes top position in staked value after overtaking Ethereum, Solana still ahead. Terra ecosystem’s native coin LUNA is ranked the second in staked value with approximately $31.42 billion. Leading the list is Solana with approximately $31.55 billion according to data provided by Staking rewards. Ethereum has dropped to the third position after holding...
Bitcoin Surges 9% Following Treasury Department Leak On Tuesday evening a statement from US Secretary of Treasury Janet Yellen intended for release on Wednesday was leaked regarding President Biden’s executive order on Bitcoin and ”cryptocurrency”. Immediately following the release on the Treasury’s website the statement was removed, but circulated Bitcoin...
The chart posted here has been in front of me for some time ! This should be noted that I must tell all this is a TOP TO BEGIN BAD TIMES into OCT 4
I did this analysis on SPY last October. If you put together context and history on this chart, It's hard to ignore a potential painful scenario. Here are my thoughts. 1) If the markets are truly fundamentally cyclical, we could imagine the past being just versions of the same phenomenon : "When we're highly over-extended, old profitable bags are being sold to...
Usually, the DAX and the ES move together. But lately, the DAX has started to lag. It also is trying to stay above the 200 SMA. A big break of the DAX would be a big warning sign for U.S. markets