Technical
SPX 500 New Week Possible MovementS & P - 500 Index Technical Analysis Chart Update
Time Frame - H4
According to the Long Time Frame #LTF we have EXPANDING DIAGONAL and it's Rejecting from the Upper Trend Line #UTL
Another Thing we have ELLIOT WAVES in Long Time Frame #LTF it has created the " 4th " Impulse wave and now it will follow its " 5th " wave to complete the Impulsive waves
In Short Time Frame #STF we have BULLISH CHANNEL and it has break out the Lower Trend Line #LTL need to wait for retest to enter in Sell
Is the Pound Dollar flipping bullish?Could we be nearing a bottoming range for the GBPUSD chart? We've been downtrending for a year and 2 months however we can see that the RSI is failing to put in new lows, this could be suggesting that we are well overdue for some bullish price action or at least a relief rally.
Let's keep an eye on this chart and see when our Supertrend flips green as its historically been a great indicator for detecting shifts in mid to long-term trends.
EURUSD BULLISH SIGNALEURUSD
bullish signal
technical analysis
entry on london market
- we can see clearly a break of structure , retest and engulfing on the 5m chart , i use multiple confluences , previous market structure , psychological levels
, smoothed moving averages 14 and 7 , and i like to have big RISK TO REWARD ratios in every trade i take.
i put stop loss at break even in the 50% of what im looking for in this case is 1.00000 price ( psy level)
MATICUSDT analysis matic 1d time frame.
the matic pullback has completed itself and is falling to the specified support area.
FTMUSDT price action analysis in the one-hour time frame , ftm is completing a pullback to its previous resistance, then the price decreases according to the fibonacci extension to the specifid area.
⚡️BTC DAILY UPDATE⚡️As BTC broke below the significant lower trend line support and it's forming a scary picture currently from the bulls' perspective.
Here bulls need to take charge and we need a daily close above the lower trend line resistance to grow above the price level of $25k.
If the Current candle closes below the resistance level then it can move down again towards the lower price level of $18500 which is also a support zone and it needs to hold it.
Let’s see how it goes in the upcoming hours and whether it will be able to move upside down or not.
Thank you.
MY THOUGHTS ON GBP/USDIn my analysis of GBP/USD on the 4 HOUR CHART, I forecast that price is moving BEARISHLY toward Monthly Support. For price to move toward price 1.14112, price would need to break and retest monthly support. If price does not break monthly support, price will move bullishly toward weekly resistance.
Bull Signals for Apple StockBased on my calculations, the most distant point at the predictory period shown by the blue line is an ideal time to begin dollar cost averaging into AAPL stock; Based on Fibonacci calculations (with 10 week constraints ), a strong bullish sign is evident within the coming weeks. Now's the time to buy the dip.
Apple Inc. (AAPL) is currently in a primary dip period, meaning it is a prime opportunity for the outlooked wealth transfer towards retail investors like us.
AAPL has been on a tear since its lows in early 2016, and has more than doubled in price. However, the stock has pulled back in recent months and is now trading around its primary dip period lows. This could be a sign that the wealth is starting to transfer towards retail investors, and now may be a prime opportunity to buy AAPL.
Apple is a technology giant and is well-positioned to benefit from the growth of the global technology sector. The company has a strong brand and a loyal customer base, and is well-positioned to continue to grow in the years ahead.
Apple is trading at a price-to-earnings ratio of 18, which is a bit higher than the broader market, but the company is expected to grow at a rate of around 10% in the years ahead, which justifies the premium.
Overall, Apple is a strong company with a bright future, and now may be a good time to buy the stock. The wealth appears to be transferring towards retail investors, and AAPL is trading at a discount to its fair value.
Executing a long position with a minimum of a 6 month time-frame.
Tesla, Worst case scenario To some this may seem to be the worse case scenario, others it will be a dream come true.
Take a look at the 2020 bottom and the major run Tesla had to the top, one could call it epic and yes it was. if you take a fib level from the bottom to the top of the run the 61 fib is within a very particular level. around the 180 level are various support and resistance levels which make it an interesting level for Tesla to come back to during a hard market crash.
it'd around 30% drop from current levels but there would be heavy buying in here and I can't imagine Tesla going lower. I think it will get here if the labour market turns bad US currently has 3.5% which is a 50 year low. I see this increasing massively overt the next 6 months. energy will come back with vengeance causing inflation to peak back up again and agree it will remain sticky. the fed will have to do something like drastically increase rates or run the risk of hyper inflation in the US which for me cannot happen so they would rather deal with the induced recession. it will only happen when they have an agenda like mid terms, or china something they can blame the recession on. all this stems form the initial monetary policies pre and whilst covid gripped the world.
overall im positive on Tesla and believe they are changing the world and I agree with buying companies that have a positive impact or a major impact on the world. IMO its joined the club of Microsoft, apple, google as one of the greats and will likely beat all of those in terms of market cap eventually. anywhere near 200 ill be buying in big amount.
let me know your thoughts
XRPUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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20 reason for sell GBPUSD Update 28/08/2022
we Analysis every market in depth and 7 dimension PRICE PATTREN VOLUME MOMENTUM VILATILITY STRENGTH AND SENTIMENT
1 Structure 12 :extreme bearish
2 imbalances :\Target marked
3 Current Move 12:impulse
4 Entry TF : D1
4.1 ETF Structure: Bearish
4.2 move : Impulse
5 Support Resistance: Flag base Resistance
6 FIB: filled all retrace
7 candle Pattern: wick and momentum
8 Chart Pattern: pole and flag
9 Volume : above average of 9 (VAS)
10 Momentum: bearish below 40 (RSI UMCONVENTIONAL )
11 Volatility : walking on the band bear (Bollinger BAND)
12 strength: strong bear (ADX)
13 Sentiment : extremely weak (ROC)
14 Final conclusion: sell
15 Buy /Sell/Wait : Sell
16 Entry: 1.1.1725
17 Sl:1.1909
18 Tp:1.1441
19 Risk to reward Ratio:1:5
20 Excepted Duration : 10
20 reason for sell EURUSD Update 28/08/2022
1 Structure 1+2 : bearish
2 imbalances /OB: targeted
3 Current Move 1+2: impulse
4 Entry TF : D1
4.1 ETF Structure: bearish
4.2 move : Correction
5 Support Resistance: Resistance on imbalance
6 FIB: last move 100% filled
7 candle Pattern: multiple wicks bearish (Advance )
8 Chart Pattern: Double bottom Breakout (Advance)
9 Volume : Above Average (VAS)
10 Momentum: bearish (RSI UNCONVENTIONAL)
11 Volatility : Diverged Bollinger band by (john Bollinger)
12 strength: bearish (ADX Advance)
13 Sentiment : weakest according ROC Currency strength
14 Final conclusion: sell with single confirmation
15 Buy /Sell/Wait : sell
16 Entry:0.9950
17 Sl: 1.0083
18 Tp: 0.9763
19 Risk to reward Ratio: 1:4
Excepted Duration : 15