NeverNO

NeverNO Nov 28, 2022

I assume that the NZDCAD will form an abc correction. Once it stays below 0.83171 on a daily basis, the targets listed below are TP levels.

NeverNO Updated  Nov 24, 2022

The next targets are: 14489.4 & 14605.6. Confirmation for falling prices would be a break of @14307.6 (red line) and sustained daily close below. SL @14715 TP for short are given.

NeverNO Updated  Nov 16, 2022

In addition to the previous 2 variants, here is another potential option as an expanding leading diagonal, in which the red wave 5 is formed from ABC, with A = C.

NeverNO Updated  Nov 16, 2022

The German index will soon face a major resistance zone between 13697.30 and 13936.5. Until then, he should initially reach and surpass 13584.4 & 13623. The main target is @13774, which is 200% of the AB's Fib expansion /red circle/. If there is no daily close above 13940 then we should see a bearish move below 13251 in November. In this case the main downside...

NeverNO Updated  Nov 13, 2022

And here is another clearly bearish variant = red waves 1-5. It doesn't have to be true, but I'm not ruling it out entirely. As a precaution, it is good to think about such a possibility in advance. If you find this work useful, give it a like.

NeverNO Updated  Nov 13, 2022

In this TA I would like to draw your attention to the MACD Monthly. It can be seen that a strong short signal was generated on January 22 and it will be months before the signal turns bullish again. For this reason I expect that in September we will reach 10776.59 -10666.39 where I then placed 2 paths, the blue one and the red one. Both options are valid. Blue...

NeverNO Nov 13, 2022

Be prepared for a deeper low next week and another low later in December.

NeverNO Updated  Nov 3, 2022

I see 2 variants for further development. Here variant 1: weekly As long as the price stays below 3783.4 there are chances of more lows until the end of October with Target @3287.1. Strong support is @3233.2. In this concept it means that we still need to see the black wave 5 to complete the red (C) or 1. If I am correct October will close below the blue dashed...

NeverNO Updated  Nov 2, 2022

Hello traders, I'm on vacation but I can post something from time to time... Here 2 TP until the end of the week.

NeverNO Updated  Nov 2, 2022

Whether the Dow Jones will continue higher or not will be decided by the 31213.50 price level and that means as long as there is no weekly close below there is a chance that the blue path will lead the way. The red dashed path comes into play once 31213.50 is broken and left down. All indices will have a similar course.

NeverNO Nov 2, 2022

GBPJPY should remain short tomorrow and the day after. Target is @166.67 It will only turn bullish if 170.42 is broken to the upside and the daily candle closes above it.

NeverNO Updated  Oct 21, 2022

USDJPY will soon face resistance. The problem zone is between 14821 and 148.8. I'm expecting a bearish reaction here on Monday or Tuesday. But if (contrary to expectations) the mark @148.8 is sustainably overcome, then it goes to 150.50-151. If the price bounces back at the resistance zone, all indices would rise. First target: 145,843 Confirmation for longer...

NeverNO Oct 16, 2022

WEEKLY: Since 2020, Exxon Mobil has started a strong uptrend and currently the trend is at the decision line, so I have outlined 2 variants on the chart: red and blue. The blue path is suitable provided the @ 105.57 price level is soon broken to the upside which then continues the blue wave from Intermediate (1)-(5) to the end of wave (3). The red variant comes...

NeverNO Oct 16, 2022

Here variant 2: Daily The lower low remains the same as in variant 1. In this setup I'm looking at black wave 2 and since it was very easy and only took 5 days, there's a chance that black wave 4 is more complex and takes a lot longer. As soon as a daily close is 2x below 3489, this setup becomes obsolete.

NeverNO Updated  Oct 13, 2022

ABC correction: The "Death Cross" has once again shown how powerful its effect is. I expect June to run a little lower than May, so I see these levels as the next potential targets: 1. 11506 = 1.618% of the red (B) 2. SMA 200 (currently stands at 10674) 3. 10581 = 1.618% of the red (A) 4. 10507 = 0.618% of the total distance between the low on March 23 '20 and...

NeverNO Updated  Oct 13, 2022

Weekly ABC correction: The "death cross" has also shown here how powerful its effect is. As with previous assets, I expect June to be slightly lower than May, so I see these levels as the next potential targets: 1. 3845.2 = 1.382% of Red (A) 2. 3813-3810.9 = 0.382% of the total distance between the March 23 '20 low and ATH 3. 3768.4 - 3704.8 (3684.9 = 1.618% of...

NeverNO Oct 6, 2022

USDCAD has actually fully met today's high so one could short it now or wait for H4 to close below 1.3733. Alternatively, the 3 circles would be the potential entry levels for tomorrow's candlestick, but all have a tight ST @ 1.383 and TP @ 1.34614. If this setup works, then the profit would be very substantial. If you find this idea useful, give it a like. Good trades

NeverNO Updated  Sep 30, 2022

In the next 2-3 weeks we can see some recovery in EURCAD. It is important that prices stay above 1.31724 on a daily basis. All lines above 1.3172 serve as TP. Break of the 1.3043 level would cancel the setup and lead prices lower.