I like the Bearish candle on the daily in this setup which could become an engulfing with a lower close. Doesn't mean it will go down for the first Red Dot, but I am also looking forward to see the next waves and pivot points on this project. I am looking for similarities between the market path and the yellow path, but also potential hits on the dots. I only...
There have been some choppy waters flowing for the EURJPY in the recent short term. This main scenario is considering a test of the resistance zone near the orange rectangle, and in case the red curved support is broken and preferably retested there could be some room for a bearish wave towards the green rectangle where another opportunity might present itself in...
This is just a result of simulated potential pathways and events. Looking for pivot points, turnarounds, bounces, from the rectangles, just like the examples with the arrows. The icons are potential price predictions. Examples of pivot points and bounces, marked in past price action. Horizontal rectangle zones are potential support and resistance.
A small simple project with some ideas for potential future scenarios. Icons are simulated potential price predictions. Rectangles can become zones of influence for the price action. Pivot points can occur around the time stamps. (Previous pivot points marked on the past price action).
This is an interesting situation where we are near the support trend line of the grand bull move (1D chart below), but also near the trend line of the downward correction (4H chart below). On the 1H time frame we can see the blue curve support which became resistance, and a level of resistance where the previous highs have been formed. Main 2 scenarios to look at...
The Matrix has you. Will you take the red pill? Or the blue pill? I marked some entries with arrows above or bellow the signals that trigger a position (in the direction of the arrow and the candle) at the closing price of the candle. I also highlighted some weaker signals that would have ended in stop losses. It is hard to pick the strong signals from the weaker...
This is a simulated project taking into account multiple scenarios, with elements picked in such a fashion that whatever the future holds, this Matrix is trying to anticipate and/or predict future bounces, candlestick patterns, rebounds, at some of the shapes. One of the icons is a price prediction which should be a surprise, just to keep the whole idea of the...
I am looking at these levels or time stamps waiting to see if any meaningful candlesticks are formed. Will post updates in case anything arises. Looking for candlestick shadows, harami, or engulfing or anything else that might signal a potential future move.
We are on a bull wave that started somewhere around 72.5. I have en eye on the dates of 12 and 30 to 31 with an interest in the type of candlesticks that will be formed. I also marked 3 price levels in case any candlestick shadows will appear near them. The main question should be: where will this bullish wave end? or when. If it's not the end, is there an...
This is isn't my usual type of analysis, as I prefer to stay neutral and let the price action speak for itself, but I find the situation on Natural Gas very interesting and wanted to share my view on it. In trying to interpret the forces at play here in the recent past evolution of this market, I take a close look at highs and lows, peaks, bottoms, and the...
Looking for pivot points at the shapes in this project. Examples have been highlighted in the past price action. Range bound, upward break, or even downward path, have been factored in, in order to catch at least 3 pivot points at the shapes. There is also a main scenario represented with thin long arrow paths, but the price can deviate from this into something...
A simple scenario with 3 elements that might occur for a potential shorting setup. In case a new high is formed and resistance is met at the orange line with signs of a potential turnaround, the case for the short becomes even more relevant if a divergence on Awesome Oscillator appears. There is an interesting support curved trend line following the previous lows...
Looking for potential candlestick patterns near the rectangles which are potential support/resistance zones. Engulfing patterns are preferred, but any other can count as a signal. The price needs to meet resistance near the first yellow rectangle above, and form a potential turnaround pattern and break the trend line. If the price starts following a downward...
Looking forward to see if any pivot points appear near the bubbles with any candlestick patterns. The 2 potential pathways are just for context. This type of drawing is a new project and don't know what to expect from it. Will post updates if anything significant pops up. up. up ~!$>
If the yellow curve does not hold, or the two red marked levels below, the white path with a continuation of the downward channel can be expected. Otherwise, we might see an attempt to shoot for the white rectangle. For such a scenario, first a break of the green curve needs to happen, and then the price action around the potential support of the yellow line or...
Looking for interesting events at the shapes and maybe some pivot points around the time stamps. The timing of the pivot points might be more relevant than the price levels of the dots. Will have an eye for Japanese Candlesticks patterns or occurrences near the shapes.
In this project the simulated markings and drawings are designed to catch and/or anticipate potential pivot points in the price action. Dotted icons are potential price predictions. Bounces or candlestick shadows at the shapes are also another type of event to look for. Examples of pivot points (and or bounces/candlestick shadows) have been highlighted in the...
Waves scenarios and potential tendencies on Nikkei. Looking for the price action where the big waves or smaller waves (of the price) might end. No trading advice. Unless something interesting shows up on the chart.