IUKP is tracing minute wave 3 of minor wave 5 down. Minor 5 should reach levels below 400 in the near term. This analysis should be voided if prices cross up 524. FOLLOW SKYLINEPRO TO GET UPDATES.
DTX is tracing the early stages of primary wave 3 down that should push pri es to levels below 650. If price crosses up 872 this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
Dow Jones Industrials seem to have finished minuette wave 1, the early stages of primary wave 3 down. The target for the next 4 waves that will complete minute wave iii is around the level of 21,000. We could see a small correction before prices follow this direction. However, in any case, this is a good moment to be positioned on the sell side of the index. This...
SPX seems to have finished today minute wave 1 of primary wave 3. If this is the case we could see a small short-term correction before price trends to the most probable target at 2,535. In any case, this is a good time to be positioned in the selling side. This analysis would need to be reviewed only in case prices crosses up 2,945. FOLLOW SKYLINEPRO TO GET UPDATES.
O Ibovespa terminou a onda intermediária B e está traçando a fase inicial da onda intermediária C, a ultima perna da onda de correção primaria 4. Neste cenário o índice deverá alcançar níveis inferiores a 62.000. No cenário alternativo a onda intermediária B pode ser um triângulo e nesse caso demoraria mais tempo para o índice chegar no nível mencionado, mas mesmo...
IBOV finished intermediate wave B up and is now tracing the initial stages of intermediate C down, which should be the final leg of primary corrective wave 4. Prices should reach levels below 62,000. The alternative scenario would be a triangle formation, in this case, it would take more time to cross that level of 62,000, but also in this case prices should not...
Double Bottom formed, so I waited for the pullback.
Pullback that formed a Bullish pennant/symmetrical triangle.
Breakout at 2800.0
Long position for 250 pips
TP @ 2825.0 H4 38.2 Fib
IBOV parece estar em formação de um triângulo que culminará com o fim da onda intermediária (B). Depois de completar este movimento, o Ibovespa deve colapsar para níveis inferiores da onda (A) anterior. O triângulo é uma formação não muito confiável de se posicionar. Desta maneira, devemos esperar até o fim do triângulo e concomitantemente da onda (B) para vender...
SP500 is tracing minute wav 5 up of a minor C wave. The C eave should finish between 2800 and 2900 points. After this nove is complete, it will enter in intermediate wave 3 down and drive the index to new lows. Keep tuned. FOLLOW SKYLINEPRO TO GET UPDATES.
Daily Chart Explanation:
- Price broke the Ascending Channel and, then, went towards the Ascending Trendline.
- It bounced from there until it faced the Resistance Zone.
- After that, it started the down move again.
- We will be looking for sell setups until price breaks the Resistance Zone at 8.000.
4H Vision:
Weekly Vision:
Updates coming soon!
IBOV is tracing a minor triangle ABCDE pattern that will culminate with the end of intermediate wave (B). After completing this move IBOV should collapse to new lows below previous wave (A). The triangle pattern is not a reliable pattern to trade, therefore we should wait until wave (B) is complete in order to short the index. FOLLOW SKYLINEPRO TO GET UPDATES.
4H Chart Explanation:
- Price broke the Weekly and the Micro Ascending Trendline.
- Price is on an Important Support Zone.
- If price breaks it, potential to move down towards the Major Support Zone.
Weekly Vision:
Daily Vision:
Updates coming soon!
4H Chart Explanation:
- After this big fall, price seems to be bouncing on the Weekly Broken Ascending Channel.
- After the Pullback and the Support Zone, price has potential to move up towards the Resistance Zones.
Weekly Vision:
Daily Vision:
Updates coming soon!
4H Chart Explanation:
- Price was on an Ascending Channel.
- Price broke the Channel.
- We are waiting for a correction before continuing the down move towards the Support Zone.
Weekly Vision:
Daily Vision:
Updates coming soon!
Turkey Stock Market has reentered to the Trading Range. Even though there might be some consolidation in the Demand OB, current structure indicates this downward momentum won’t stop until reaching the Range Low and gathering the enough liquidity.
Entry: 88500
SL: 83400
TP-1: 98900
TP-2: 103900
TP-3: 108900
R/R: 4
Please let me know if you have any...
After employment report we got a very strong move so here is my thinking.
Above 3138 we go to 3144 minimum, and below 3127 we spend the day chopping in that distribution.
This could be a great impulse to play off of so will be leaning long on almost every dip.
