Using the (1 2 3 4 5) wave tool I've mapped out what I believe the price action and behaviour of JASMY will follow.
Trend -- The price has surpassed the healthy channel from the end of 2022. -- It is possible that the momentum move is nearing its end and entering an overbought zone. 100% Symmetrical Projection: Uptrend "N" Patterns There are two "N" Patterns: a Large Purple N and a Small Orange N. N Pattern's Target Price & Fibonacci Price Cluster -- The target...
With ENTRY area @ 0.12050 or around it is not too late to "jump in". TP @ 0.13634 or around... WARNING ⚠️: TREAT COUTIOUS, COS IT IS A "TICKING BOMB"! It can make a "crazy" dance all over chart before going to hit TP! Don't gamble & properly trade only....! It was done using purely technical analysis only... & only...😁 PS: not able to post many more trades,...
A small correction may soon occur. We are quite overvalued. We're just going to go over a few things so you may understand why we are saying this.. 1. If BTC is to hit its projected ATH of 198k by end of June 2025, it needs to proceed at a specific slope/trajectory. This slope is vastly below the current price; residing at 54.4k. 2. We are outside of our...
As I've been writing on my analyses for crypto for the past year , I've thought that we were in a bear market bounce and that we'll still have a new low in crypto in 2024. Now that the bounce has largely played out, I think we're nearing a top for the year. I'm not bearish long term , I'm just anticipating that we only have a few more weeks of an uptrend before...
Here is an update on the continuation of bullish movement on the final day of the week. Asia Consolidation and London drop into NY longs. Bullish buy opportunities should present themselves during NY session.
Welcome to another trading week! Gold annotations are on the chart, I will be updating as we go like always. BIG ANNOUNCEMENT: Guys I love you all... take your trading serious, act now before prices double and be part of a group of likeminded guys who want to win. DM right now, don't wait. My original idea was deleted by the moderators.... people dont like to...
In this video we lay out our short and long-term forecast for the entirety of 2024 Crypto Summer and beyond. Also, we do a little review and take a look at how our forecast stacked up against the eventful 2023 Crypto Spring. As always please feel free to leave your thoughts and ideas in the comments and thanks for watching!
If you ask anyone on the street, 'Do you think living expenses and food prices will be higher in a year or two from now?' 9 out of 10 will likely say 'Yes.' This means inflation is still a concern. Risk 1, U-turn in inflation. Risk 2, An expansion in geopolitical tension Risk 3, A delayed recession in 2024 Comex Gold Futures & Options Its Minimum...
My dear friends, Please, find my technical outlook for USDCAD below: The price is coiling around a solid key level - 1.3600 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.3699 Safe Stop Loss - 1.3559 About Used Indicators: The...
Based on the price levels of interest and how we reacted to them during the last weekly range projection, I suspect we will get price action similar to what I have plotted on the chart and listed in text form below as last week's range breakdown has shifted down our weekly range, and now we are looking to trade lower and perhaps open the week to a gap down in...
Our projected path for CME_MINI:ES1! to take out the January 2022 High which also happens to be the All Time High. We are using a range from a Weekly Volume Imbalance and a Weekly Bullish Order Block combined to give us a price range between $4190-$4288 to find long positions. This price range is also in a discount for the current weekly price leg; giving us...
Here is my Projection for next GBPUSD move withing the next few hours.. That could be triggered in New York Session (8:30 AM onwards)
Currently, we are at the last wave of the overall wave which is the wave 5. Expect rejections around 775.0 price level. baased on the previous candles that left a gap without filling, expect price to fill it in the future and that will be the target after breakout of the red trendline.
Trade idea for USDCHF as it has met a double bottom structure on weekly TF shown. Hoping to have caught the bottom of an uptrend.
I vouch for this price action. What are your thoughts?
Based upon the falling wedge and other additional layers of confluence I see two moves to the upside suggesting 126% returns then 200% gains on the hour. This is based on the 1 hour timeframe
According to the Elliott wave principle, the XTIUSD 4-hour chart appears to have completed a primary degree impulsive wave 1 followed by corrective wave 2. The current price action suggests that wave 3 of an ascending impulse is now underway. It is anticipated that XTIUSD will face resistance around the 73.88-72.84 range, and as a result, is projected to climb...