After the Liquidity grab from NFP, there is no doubt that the market needs to balance it structure. The market will seek to get a good supply zone to reverse price(no one knows the zone). With lower timeframe setup on those zones the reversal can be gotten to the balance range.
My thesis is that somewhere within the next 6 months (until around April 2024). Bitcoin will revisit 19-21k area. I don't know what the driver will be, but something that will make people panic, this time I don't think the bottoming period will be as long as dump of 2022. When Bitcoin reaches 19k, when you hear most people talking about Bitcoin is gonna break...
I'm still pursuing the overall bearish scenario , but I also think it could see a short-term bullish case at the same time. If a red pennant forms, we would see a rebound to 26.7k-27.2k, followed by a steep decline as wave 5 of the impulse continues. Invalidation on breaking the lower red edge again.
expecting an uptrend after reaching support . we are reaching at the end of the triangle
NYSE:RCL Double Top & Gann Price $112 Royal Caribbean Cruises (RCL) almost tested a double top today at This is a technical pattern that occurs when the price of a stock forms two peaks that are the same or very close in price. The second peak is usually lower than the first peak, and it indicates that the momentum of the uptrend is starting to fade.
Gold after nonfarm i bought small volume now Buy limit 1921 SL 1915.5 tp 1953 Sell limit 1953.5 sl 1959 Tp 1925 Good lucky
My previous idea was invalidated. So an update. BTC might see ABC correction at least to the sub-27k level if its 4-hr chart respects symmetry.
This idea is posted for prediction according to Gann Science. The times are clear, the goals are clear, a condition for the success of this analysis is not to break and close below the channel for two consecutive days.
Using Gann Square method, we find out that there's an upside target for XAUUSD.
Looks very good after forming a nice bullish pattern in weekly and given a BO yesterday Safe entry would be today's(weekly) closing above 268 which makes the weekly candle close above bothe box and Fann levels.
Since the auto sector is doing good, most of the auto ancillary stocks along with Auto stocks have given a BO Maruti which already gave a BO last month, holds supports from 2/1 gann angle showing more bullishness
Looks good to reach to that long term trendline resistance marked in Red Safe entry above 86.5 based on weekly closing basis RSI is above 65 and Volumes are also good
NTPC looks bullish in the long run as it breaks out of the critical Gann box levels and RSI > 65 PS Nifty PSE sector looks good as well after it has given a BO
PSE sector looks promising in the following days ahead as it breaks out long term resistance reaching ATH
NHPC : Nice setup right at the Gann square area where a good run is expected. Volumes are good for the last 3 weeks and RSI picking up it's strength
Capacite Infra: Looks good to break the important level at 207 with more volumes coming in this week. Expected to give a decent run once it crosses 207
Looks good to break one of the Gann box levels and take entry only after that @59 based on closing basis RSI is showing strength as well above 65 on daily TF Volumes picking up and it crosses the volumes of last few daily candles in less than an hour of trading day today
Looks good above 130 once it breaks out of the long term trendline Fundamentallyba decent stock as well Monthly candle is placed in a bullish area on the Gann square. Entry can be taken only above the Trendline.