Happened multiple times in the past following a new all time high. Could we be in another squeeze followed with a nice breakout to the upside? Clock is ticking. New ATH estimated to occur sometime during the first two weeks in December if this follows through.
This debt market is exploding. Stock prices are rising while on average 800,000 individuals are claiming first time unemployment per week. Growth has become stagnant while many retail traders are using up their free time and joining the stock rallies to make an extra buck to compensate for the lack of jobs available due to the lockdowns or the now permanently...
Buckle up mooners.
Nice formation of a H & S.
A nice scenario to occur for the EURUSD. Leave a like if it has helped you out.
Beautiful AB=CD seen on the 4H chart. Will take a little bit of time, if lucky, it would hit the 'D' mark by the end of the week. If not, then we can expect 'D' marker to be hit next week. Also below the 200 and 50 MA. TDI is also below the 50 level, with a nice cross down about to occur. Happy Trading!
Another Beautiful Repeat on the 4H. Below MA as well. Get ready !
Beautiful Head & Shoulders on the 1H chart.
There is an unfilled gap shown here. Please advise.
Here you can see a nice inverse head and shoulders formation. AUD news really knocked the ADR off balance - 100 pip move within the first 3 hours of a new daily candle open. Can the ADR hit 140, 150 by the end of the daily candle? I believe most likely not. I expect a nice movement back where it started off originally, which will most likely be caused by the...
Beautiful movement on its way to its destination.
EURAUD has broken past the trend line. A nice retrancement has been made as a retest, and now it is expected to continue its way up.
If this channel holds, expect price movement to continue down.
This is a beautiful example of where the market is heading. 33,000 seems to be a nice objective. What do you think ?
A nice analysis of Elliot Wave.
Nice bearish divergence setup