USDJPY is trading a diamond pattern on its weekly chart. The price has hit the 61.8% ab 119.261. if trend continued to the upside the next target would be 123.459 100% ab
Anchored at A: 24 Jan, B: 10 Feb and C: 24 Feb's pivots. After forming a double bottom at point C, 28 Feb's bullish engulfing closed above the median line, so I marked the 50% level between point B + C to mark the validity level of my trading idea. I am anticipating a push into the 3.4k area mid march before seeing a minor retracement back down to around 3k...
Clear uptrend on Silver on this time interval. Possible support level at 23.94. There is OneToOne geometry, 61.8 Fibo and potential another trendline touch
TraderMan PennyPorkChop looks out for opportunity to survey and examine the latest value activity in the market in a way that makes it helpful to you. Utilizing Technical Analysis, I play out an insiders view of the activity in the financial exchanges today and gives you my Day Trading of 6 years of Trading Volatile current market , examining market patterns ,...
The previous swing on weekly from may till Latest swing of November the price has shown upside while the MACD showing loose momentum . The white dotted line will be acting as supports Based on shorter time frame trades can be executed on price action basis . As this analysis is done only on weekly chart the following trade plan might take time to activate...
Due to the FOMC last week this diamond pattern hasn't perform as it should however price manage to trade above the breakout targeting the 1stTP
Market Geometry Astrology Cycles Gann Theory and Laws Fibonacci Mathematics Elliot Waves
Hello traders and investors, Today we have looked at the ALGO / USD pair. Assuming that 2020 March low is the beginning of a primary cycle (purple) and that 2021 February high is the beginning of extension in primary wave 3 (hence intermediate blue wave 1), I can only be extremely bullish that we are in a 1-2-1-2-1-2 pattern that is unfolding towards new...
Hello Traders and Analysts, Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged short for a short term, due to selling power still in the picture, further increments upon imbalances will offer large opportunities to...
Long Order Order 1: 1.573 Long Target Target 1: 3.587 Target 2: 4.380 Target 3: 5.173 Target 4: 9.351 Note: Could move toward lower parallel / Could also move toward targets from current.
A nice short move for XauUsd if support levels break further
I see us with a fractal repeating and compressed from the last ath and forming of cup. 2 more higher lows from here 10/29/21 and could see us making a run up the left arm of the compass or sooner to the high time frame resistance black line.
Price makes some corrective move in uptrend. Interesting levels for long position: - 61.8 fibo + AB=CD + S/R - 78.6 fibo + FE127.2 + S/R
Can you see it? Winter is coming. There's a huge resistance and so far the bulls are not able to push it. My forecast is 2600 this week, once again, and a bit of zig-zag until the bears show that there is no time for hibernation. I am ready to be wrong.
IOTA The IOTA/USD price seems to be bullish rather than bearish, especially in the medium term. CAN IT HOLD ANOTHER RESISTANCE?
I think not and therefore I am anticipating a bear market..
wall street is falling its very bad for market but its necessary for market
Hello investors and traders, As part of the "Waiting Game" series, today we look at DOTUSD and long term opportunities. If we consider the movements from inception end of August 2020 to mid-May 2021 as one complete wave (Primary 1 purple), and that the subsequent deep retracement was primary wave 2, then based on the guideline that usually a wave extension...