XAUUSD correction is over. Technically, gold may have reached the end of its downward movement. According to my analysis, the correction has reached the upper range of W1ATR. W1 ATR is the average of the weekly movements over the last 14 weeks. This level could act as a strong support level. My analysis can be confirmed by the fact that the upper white square...
GME correction continues. Based on my analysis, I expect a further correction in Gamestop's share price. The fair value of the company's stock is currently at 241.85 usd. The current uptrend is currently halted at this level. The bold red line is the level of the average of the price movements ending in a rising closing price over the past 14 days. Practice shows...
LPTH is the next meme stock ? LightPath Technologies(LPTH) is working with sectors that will invariably be the sectors of the future. Space exploration, Mars mission(NASA), self-driving cars, cloud systems, global internet, military industry, drone and robot technology. Market supply opportunities have been identified in these areas. In other words, the...
BTCUSD update. Not much has happened in the bitcoin movement since my last analysis. The fractal shown in the chart is still valid, so I am still holding the upside, but I am also preparing for a possible position close. The chart shows a thicker maroon line. This level is the average of the ATRs for the last 14 days of the price that closed down on that day. In...
RHE to rise further. The analysis shows that the price movement is in an accumulation range. The current accumulation range is twice the height of the previous accumulation range (yellow square). This is the basic rule of the fractal. The conclusion is that if the accumulation range is twice the previous one, then the post-accumulation upward wave sequence must...
LPTH 56% rise ahead. LPTH(Light Path Technologies Inc.) is an exciting company with a big development ahead. The company primarily manufactures optical lenses for various industrial devices. They make lenses for night vision, infrared sensors, thermal sensors. In recent years, they have also been involved in the optical development of Lidar scanners and the...
I am waiting for XAUUSD long entry. The chart shows that gold is currently in a corrective move. My technical interpretation is that this corrective movement is slowly coming to an end. I expect this to end at the 1851 usd level. You can see a white square in the analysis. The height of this square is W1ATR this means that gold moves a maximum of this much in 1...
BTCUSD update. Apparently the previous analysis is working This means that I am waiting for the bullish fractal to build. As a first step, I expect to see a steady uptrend up to twice the sequence of the previous fractal rising wave(1x). Its target price could be : 59576 usd. At this stage it is also advisable to watch the slope of the rise. If the slope is...
BTCUSD remains LONG. This analysis is intended to complement my previous analysis. Currently, technically, the price movement of bitcoin continues to move in an upward trend. Based on fractal strategy, the wave sequence is copying a so-called "spike area". In the event that the price movement does not break out of the white square on the chart to the downside, I...
NOG up 138%. The chart shows that the price movement has retraced the ATR axis (yellow dotted line). I expect a significant rise thereafter. The target price for the rise is determined by an ATR rule. The idea is that the percentage size of the ATR value of the previous rising wave gives the percentage size of the next rising wave. Based on this, we can see that...
PLG 63% increase. The analysis is based on an important ATR rule. It is the relationship between the ATR value and the resulting wave sequence. It is now accepted that the value of the ATR can give a predictive signal for subsequent movements. If the ATR is high, we expect high market volatility. What is less well known is the impact of ATR on the size of the wave...
From analysis, it can be seen that I expect a further upward wave sequence to build. You can see the bottom white dotted line showing the ATR rise of the wave sequence above it. It can also be seen that this ATR axis accurately marks the corrective bottom of the wave sequence. The yellow dotted line is the axis of reflection of the ATR axis. It can be seen that...
GORO before rising.Gold Resource Corporation(GORO) Although its name refers mainly to a gold producer, gold mining accounts for nearly 20% of total production. It is also heavily involved in the mining of industrial raw materials (zinc, silver, copper, lead). The company has no debts. It pays dividends. Let's return to the technical analysis. The two green squares...
BTCUSD could rise 150%. My analysis aims to show that bitcoin is doing a fractal construction. A fractal is when the shape of a wave sequence is similar but the size is double the size of the previous wave sequence. This is the case here. Therefore, I assume that the full fractal is constructed. In this case, bitcoin is poised for a significant rise of almost...
XAUUSD before an exponential rise. My analysis is intended for longer-term investors. I use a 3M timeframe. My aim is to draw attention to the fact that the gold movement has started its exponential rise. 3 analysis strategies are shown in the figure. What they have in common is that they are ATR based. 1. Green squares : I start from the ATR based rule that the...
RHE before a significant rise. The analysis also shows that the price action is correcting back from a near 200% momentum rise. Its size is 61% of the momentum rise. It is also observed that there is a fractal relationship between the two wave sequences. So the size of the wave sequences in the second fractal is twice the size of the original fractal wave...
EURUSD SHORT My current analysis shows a fractal structure formed by a wave sequence. Fractal structure because the size of the wave structure that is forming now is double (2x) the size of the previous wave structure (1x) this is the basis of the fractal rule. My hypothesis is that a complete second decreasing wave structure can be formed thus completing the...
BTCUSD The correction has been completed. My previous bitcoin analysis followed exactly the formation of the correction. I am currently building my analysis on a pure ATR based mathematical model. The yellow square in the chart shows the recent accumulation range of bitcoin. The accumulation range is most easily determined by an ATR calculation. We speak of...