I am tracking a potential 1-2 fractal, that can be almost completed at this point. Watch for key fibo retracement levels and the possible base channel (the lower border). One of the recent market leaders, severely hit with some of other players this year.
Pair : AMZN - AMAZON Description : Rising Wedge as an Corrective Pattern in Long Time Frame and Short Time Frame Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves Resistance Level
Unless the low at ~$25 stands unbroken, I am long. The prior bearish move down - circled - has a lot of overlaps, therefore I am assuming this to be a wave B (btw, followed by the impulsive bullish advance). Will take chances at this point
For those "economists" out there who couldn't forecast the weather for last week let alone anything important ahead of time (especially the special data dependent forecaster lol) and for anyone unsure about where prices (for just about everything) are headed over coming years/decade+. Here's a clue. Higher.
Here is our detailed technical review for SILVER. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 29.039. Taking into consideration the structure & trend analysis, I believe that the market will reach 29.405 level soon. P.S We determine oversold/overbought...
Take a look at our analysis for NZDUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.610. Considering the today's price action, probabilities will be high to see a movement to 0.613. P.S Overbought describes a period of time where there has been a...
Please, check our technical outlook for EURJPY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 171.067. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Long Time Frame Break of Structure Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Bullish Channel in Short Time Frame Fibonacci Level
BTC sideway move lasts longer than expected and there are many possibilities. However, I am still thinking the rising possibility is higher than the falling. Will upload the every possibility on this post.
Pair : EURUSD ( Euro / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure Demand Zone RSI - Divergence Symmetrical Triangle as an Corrective Pattern in Short Time Frame
This is where I think we are in the very long term cycle for semiconductors since the 2008 bear market lows. It's a bull market. And we're only about half way through...... May be due a 10%-15% correction over coming months but ultimately headed higher (a lot higher).
Do you think the memecoin era has already passed or do they need to rest a little more before they can continue "show"? The chart shows the global price movement of #WIFUSDT. Since the beginning of 2024, this asset has grown neither a little not a lot, just do +7000%) Applying wave analysis to this coin, it seems to us that there need one more corrective wave...
Here is our detailed technical review for AUDCAD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.906. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.911 level soon. P.S Please, note that an...
Please, check our technical outlook for NZDUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.611. The above observations make me that the market will inevitably achieve 0.615 level. P.S Overbought describes a period of time where there has been...
Please, check our technical outlook for SPX500USD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 5,525.4. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 5,670.1 level. P.S We determine...
Welcome, Trader. Welcome to our cryptocurrency community! We are going to discussing #CVXUSDT 💹 #CVXUSDT🔥🚀 --------------- Update: #CVX forming a bullish peanut pattern on a 2 Hr time frame✅👉. Breakout to this pattern is done successfully.➡️✅ We are expecting 40% very soon.📈👀 Crypto Analyst Hub #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc...
Hello,Friends! NZD/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 96.587 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! It makes sense for us to go short on GOLD right now from the resistance line above with the target of 2,283.693 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅