FX:EURUSD is testing the support of the range formed inside the bearish trend. There is resistance pressure in the market. Bostic ( Fed ) stated that he now expects only one interest rate cut this year, thus this comment can be read as a hawkish attitude of the regulator. Bostic is often aggressive in his comments after Powell's speech The dollar index are in...
Pfizer (PFE): NYSE:PFE At Pfizer, we believe that Wave (2) has not yet completed because Wave B precisely hits the 138% level and structurally does not make sense unless we see a breakthrough of the invalidation zone of the potential subordinate Wave (i) at about $41.62. However, we must form at least a double bottom at $11, which is our minimum expectation...
GBPJPY is in a strong bullish phase, but looking at the daily chart, we can see pair trading at new highs for the final wave 5 of (5) of 3 that can target 193-195 area. Based on the current Elliott wave cycle from 2023 lows, we still think that pair will come lower this year, for a higher degree wave 4 correction.
APT is another coin which getting ready to explode. Seems like APT can easily claim 20.3 right not in short term. But let's focus on the bigger picture. If APT can close above 20 in a weekly time frame, Wave 3 can go up to 24.2, then all the set up might change. If it can't, it will act like the way you see on the chart. Short Term Target: 20.3 Long Term...
Hey there! My previous idea was deleted by moderators. There was a bearish pennant that broke up, so now I see two ways of release. I am still expecting the 3rd wave of the ABC correctional wave, plus descending volumes and RSI moving at the top edge. And here the target I see is around $57,000, the previous support line. But another scenario is also possible...
This is my analysts on this pair, I think we have a small bullish wave and then its going to start a down wave .
Near is currently trying to break resistance zone in NEARBTC parameter. On it's on Near/USDT chart, Near is going to climb through 8 in a few days at most but it's not the thing that matters right now. NEARBTC is strong and stronger than ever. Too many new addresses creating during this period and altcoin season hasn't even started yet. On chain data looks...
Based on my personal view. The EURJPY pair presents an enticing opportunity for traders considering long positions, as recent price movements and technical indicators suggest a favourable setup for potential upside. 1) Reacted from the Breaker Block: EURJPY recently exhibited a notable reaction from a breaker block. This occurrence signals the strength of support...
Thoughts / feedback on Elliott Wave perspective? Overall Long, but shorted around 70k to potentially scoop again in the 50s. Thoughts?
There is mine Btc idea. I think BTC doing that moves, alts going pump after we will see a crush
FX:XAUUSD is forming a correction after a false breakdown of the resistance of the range. Against the backdrop of a strengthening dollar index, pressure from resistance appears in gold. The market is starting to bet that the Fed will not cut rates this year. At the same time Bostic (Fed) said he now expects only one Fed rate cut this year following Powell's...
Chart tells more than thousand words. See my complete Elliott Wave analysis in the prior posting.
Looking for the BO of the descending TL for a Running flat pattern
This has been an interesting week. A lot of screaming about corrections, crashes, dumping, bitcoin halving precursors, even conspiracies about gigantic billion dollar trades gone sour. All of this for a normal intra-rally correction after a fifth wave finish in Minute degree, that simply needed a correction, because the market goes up in five waves, and retraces...
The Dot is the token of the Polkadot network platform, one of the older generation of crypto currencies. It is touted for Web3 interoperability with cross-blockchain transferability. It has a fairly robust trading history since 2020 with an 2021 all-time high of about USD 56. In the subsequent bear market, it traded down to about $3.50 in the Fall of 2023. It has...
The meme coin Shiba Inu is on the rise again early in 2024 with bullish waves developing.
Crude Oil NYSE:CL and energy stocks can expect a drop now below the December 2023 lows to get the final leg down to finish the year-long correction since 2022. This is confirmed by NYSE:XOM in the monthly chart which shows that the long-term correction is not yet done.
price made all time high at 2222 since then it is coming down on 15min chart 5 impulsive wave are complete now price making sideway correction on Monday static support 2150 (then 2130 small one) next big support near 2088 from h4 chart