Hello dear friends, I hope you are all well. Important note: First, read the previous analysis I shared on Solana, then proceed to this analysis. For several reasons, I see Solana as bearish: 1. Thankfully, the previous wave count analysis was correct (meaning it completed the 5 main Elliott waves and then entered the corrective phase). One thing I realized...
A forecast update on the upcoming movement of the dollar and yen in the long term
As per image, we had our consolidation at the bottom left. Since then we have had three drives up to a top, that also aligned with a 6x of the consolidation range. We then had a close below a green candle, and also a break of market structure, suggesting its time to move lower. I've highlighted where i could look to get in, with SL and TP. For me its not...
Hello everyone, I hope you're doing well. Here are several reasons why this upward wave could be wave 5, as I'll explain for clarity: The most important reason is the completion of the 5th bullish Elliott wave and negative divergence on waves 5 and 3. -------- Considering the deep correction within a chart pattern, the structure of wave 4 indicates it was...
ARB is one of the currencies that I see good positivity Buying places from 1.016 - 0.9975 My goals are there T1: 1.2263 T2: 1.3704 T3: 1.5709 Places he must penetrate in order to complete 1 - 1.1413 2 - 1.4786
Here is an image showing my monthly forecast for ADA I'm bullish. You can also watch the detailed video
I'm now bullish on ADA, given here is my monthly forecast.
Looking really good as it breaks out of Gann levels @233.5 and has given a breakout of the trendline(a kind of inv h&S pattern) Expecting a good rally from here SL below 230
4H is swing bullish => current is pullback dow We buy in this OB order block
We give attention to the highlighted area any price action we sell or buy. And moves the stop loss to the entry after 50 pips and close half trade
Daily chart of US 10 Year Bond As per image, we have had two drives up, and are finding support here, so i would think there is at least one more drive up. I'll be looking to get long as per my diagram shown, with SL and TP as shown.
We give attention to the highlighted area any price action we sell or buy. And moves the stop loss to the entry after 50 pips and close half trade
Oil prices have now entered a buying range. People who were long oil started buying. The target is above 78.3.
According to the waves analysis we can expect that price rise again to the green zone. This is my personal opinion and is not an offer to buy or sell, please act according to your trading plan
Here is my gold forecast, I'm still bullish in the week ahead. This is for the week starting 20 May 2024, however, the top may not be far.
Here is what the second scenario look like for KUSAMA. Unlike the first this show that price has not finished the impulse wave going downwards and we might see price create another low around $13 and that is also a perfect point for either re-entry or DCA. from that point to the golden level 50% Fibonacci, there is over 550% gain. ...
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...