The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. It looks like we are working on wave (v) of wave ((c)). We are also at the reversal areas.
The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. We see two equally valid scenarios. Firstly, we might have finished wave Y as an ABC. Secondly, so far we only finished wave ((a)), wave ((b)) is ongoing as a triangle, and wave ((c)) is still coming.
CME_MINI:NQZ2023 - PR High: 14861.25 - PR Low: 14853.75 - NZ Spread: 17.0 Key Economic Events: 08:30 – Average Hourly Earnings - Nonfarm Payrolls - Unemployment Rate Micro NZ Spread ahead of high volatility expectation - Brokers raise margin requirement for news - Prev session printed as inside day Evening Stats (As of 1:25 AM) - Weekend Gap: +0.49%...
DKNG usually hot stock for the NFL season but considering the inflation and the economy we are in right now, my assumption would be not many betting. If the Trend Line breaks, Target #1 - 25; Target #2 - 20
Yesterday EURUSD continued the correction and reached exactly 61,8 of the last drop. Today is the first Friday of the month and as usual NFP will be released. It's an important news and we expect a reaction. Upon another rise and pullback we will consider selling to break the previous low. We do not consider buying EURUSD until there is a break of the previous high.
I decided to have a look at BINANCE:WLDUSDT today, and the chart looks cool for the bears:) Have a look at the chart and let me know your thoughts about it in the comment box. If the analysis makes sense to you, follow me now and support my idea. Cheers!
MDB is in downtrend, Below 50EMA, on the way to fill the gap below. A big Volume Shelf gap and no support upto 290. Downside Target#1 - 290. If that breaks, another Volume Shelf Gap and an Imbalance, further downside possible. Downside Target#2 - 240.
AMEX:SPY October 6,2023 15 Minutes As expected AMEX:SPY was in the range 421-426. Its now near 200 averages. s we had an excess of 61.8% retracement for the rise 420.19 to 424.36 we had a double top around 425 levels. Toda taking the rise 421.18 to 425.63 a retracement to 422.5-423 levels will be good to go long as moving averages are converging. I expect a...
Today we are still long gold near 1815. Gold has rebounded to around 1820. Our current long gold position still has good profits. For gold, although gold has not really started its upward trend yet, gold has been fluctuating in the 1820-1815 area recently, and gold is currently showing signs of bottoming. As gold bottoms out, gold will start a new round of...
Tesla is getting close to what appears to be a big move in either direction and right now I am leaning to the downside with a final target of ~$70.00 for a C wave bottom. Safest bet would wait to see how this triangle that it is in plays out, but for higher risk/reward you could possibly start shorting now trying to catch a c wave top in this $256-270 area. What...
There are some signs in favor of a reversal which means that the corrective WXY structure down can be finished. However, at this moment, we are still bearish in the daily and the weekly timeframe.
The NIKKEI is doing a wave (4) correction as a WXY. Currently, we are working on the Y leg as another wxy structure. We are in the areas from where we can reverse. We are looking at two scenarios on the lower timeframe. The first scenario identifies a complete structure. In the second scenario, two more swings are missing.
Good evening from Ukraine! Dear colleagues, I am glad to welcome you! Because this is my vision of the situation, because these are my thoughts out loud. Thank you. Thank you all for your attention, I wish you success. Sometimes you win/sometimes you learn. P.S. ...Think positive)
- thoughts out loud - thoughts out loud - thoughts out loud
Good evening from Ukraine! Dear colleagues, I am glad to welcome you! Work plan. Thank you all for your attention, I wish you success. Sometimes you win/sometimes you learn. - thoughts out loud - thoughts out loud - thoughts out loud P.S. ...Think positive)
Hello, according to my analysis of the gold market, there are good opportunities for selling. The price has reached a very important stage. The price reached a strong resistance at 1945.60. There is a downward trend as shown in the analysis. A very negative candlestick was formed on the 4-hour chart. We also notice a strong correction on the Fibonacci Golden...
Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line. When we spread the trend based fib extension grid, we can determine the support zone from $27,411 to $27,084, but when this zone is broken, we still have strong support at $26,141. Looking the other way, you can see...
Hello Traders , This is FX:NAS100 BreakDown on the HTF so the Summary of this is this we starting breaking down some Weekly Structure and we found a monthly FVG that gonna be filled is Aligned perfectly on SSL but before that we gonna see a kind of Manipulation before the distrubution to the downside so yeah the Bullish movement is over after the Manipulation happens!