Marvelous Wyckoff distribution happening on STX. I will only be interested once it has completed its distribution.
just learnt about fractals bullish momentum for BTC is still very strong as shown by 200 EMA just a slight correction trying to predict how much longer this correction will be. difficult to see what happens next as market is shaky. based on analysis bullish momentum can return as early as next week but as late as end of May
So as in my previous forecast we have now closed daily bellow the Weekly FVG My next target will be 80.50 by end of week. Thats it for this week.... :)
This is just an idea currently and im not sold on it but it is interesting enough for me to post it and keep an eye on it. For reference my over all current market view has been for last few months that the markets go super parabolic for blow off top and then well bear market for a hot minute or quick but harsh harsh drop. That would be due to if the economy is...
1. Bitcoin has given us 3 fractals and examples on how to counter trend sediment. 2. Max Fear in bull Markets are unbelievable entry points. 3. We have many huge bids at $57k-59k that will never be filled IMO. 4. Market will take off as in last 3 examples leaving buyers behind. 5. 2.1B Short Liquidations above us will give us great fuel to restart this run.
Any rejection on crudeo oil at current price level will likely cause price to rally above 86.86! N.B! - USOIL price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #usoil #crudeoil #wti #brentoil
TOTAL2 update; ends sooner than you think now some months have passed we can see reasonably clearly where we are at since the last analysis right at the start of the macro move up. obviously black swan etc can ruin this or it just does it differently this time. prob not though tbh and if there is a black swan id bet its around those dates. the events tend to fit...
NIO - Chinese automaker Fundamental According to carnewschina.com in Q1 2023 year NIO sold 31,041 EVs - 2.46% only. "Nio is currently having difficult times in China. Because of the price war, its sales declined, resulting in a noticeable revenue decrease. So, Nio was forced to also join the price war by cutting the cost of every model by 30,000 yuan (4,200...
When it comes to trading in the crypto industry, focusing on technical and statistical analysis can be key to make decisions before getting your entry. By relying on the what's being shown to you on charts rather than speculation, you can identify recurring models and setups in the market. Consistently sticking to your trading strategy can easily help you filter...
The US30Y bond is a type of loan that the United States government takes from investors. It's called a "30-year bond" because it takes 30 years for the government to pay back the loan in full. When you buy a US30Y bond, you're essentially lending money to the government, and in return, they promise to pay you back the amount you lent, plus interest, over the...
As in previous post on Sunday - So we have dipped our toes into the weekly fvg May leave a low in place here to raid it again later, want to see weekley CE respected.. as its London and Monday this could be the judas swing... wait for more info and cme or 830 open. Any Longs from me will need market to show displacement on 15min or 1hr tf... no rush
VEDL has crossed the resistance with a strong candle and this move is supported by volume as well. It might move to target marked in some time. Stochastic has changed its direction, and started moving up. It can also be an added confirmation of a positional buying setup/ investment. Simple charts, so that, everyone can understand. I'll be posting more such ideas...
💹 Let's analyze and review the coin COMP in higher timeframes amidst the current sensitive conditions. ⛔️ Yesterday, a conflict between Iran and Israel arose due to retaliation for the incident at the Iranian consulate in Damascus. Iran's missile and drone strikes accompanied this conflict, resulting in a market downturn and red candles. 🔗 Hopefully, peace...
With many sellers showing up in the last closing hours last week, gold remains a buy. N.B! - XAUUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #gold #xauusd
Comp Pre Having IMO we get a sweep of old supports Targets Marked 2 to go
Shiba Inu Has formed a Double Bottom on the1HR timeframe. Take into consideration a possibility of another bottom. Shiba Inu will run up when Correction is finished.
I feel the bounce of Bitcoin over the last few days has been too fast, although its volatility remains high, with around a 6% daily fluctuation. The fractal from November 2021 suggests a bearish scenario for Bitcoin going forward until the halving. The bounce seems to be just an ABC retrace wave pattern, suggesting another leg down. If Bitcoin closes red...
The Bitcoin weekly chart shows price action similar to the Gold monthly chart. This fractal suggests Bitcoin may undergo a long correction until the end of 2024. It may drop to USD 50K, bounce, and retest the all-time high again. If this happens, the crypto market will not be good this year. However, it may be good for long-term investors to re-accumulate.