Amir_Shamshiri

Amir_Shamshiri

Even the orders on $30,000 couldn't make the BITSTAMP:BTCUSD 's sell-off give up. Considering the previous correction from the latest top, the sellers have time till 10-12 June to bring the price toward 24,000 - 25,000 USD, which I prefer for having a mid-term long position on Bitcoin. However, now, it is too soon to say that the sell off has been finished.

Amir_Shamshiri

After not activating my previous trigger , I have been waiting for the Gartley pattern to get finished. The Price target and Time target of this harmonic pattern has been shown on the chart. I personally won't enter any long position until I see a rotation around PRZ and TRZ, which will be counted as modeling for the XA of my pattern. Still sellers have power for now.

Amir_Shamshiri

TRIGGER is required for any arrows on the chart. Please read below: Sellers had to show more downside moves till the first weeks of April. However, they showed their weak sell-off, since they couldn't bring the price to the $1875 support zone. In such cases, the strong buys would start, as the bullish market from $1892 till $1995 as the first wave of Elliot. The...

Amir_Shamshiri

TRIGGER is required for any arrows on the chart. Please read below: After a 5-wave bullish market for COINBASE:XLMUSD , it is experiencing an ABC wave correction. The correction wave would not be ended up until reaching the zone 12 cent. However, if we see any trigger meanwhile, it can be used as a long position trigger. I personally will wait for the breaking...

Amir_Shamshiri

TRIGGER is required for any arrows on the chart. Please read below: As long as the price closes upper than $219, the uptrend has not failed, and we can wait for a trigger in the hourly chart for entering a long position. The trigger should be a Wave 1 and a correction as a pullback, then with breaking the top of the first wave, we can enter with targets...

Amir_Shamshiri

Brent Oil was completely moving based on the previous analysis that I've shared here (See this and this ). As long as CURRENCYCOM:OIL_BRENT 's in under $108.7, the sellers have the momentum to decrease the price toward $103 support. In the case of any break-up for $108.7 resistance, the analysis would be failed and we should wait for a pullback to the broken...

Amir_Shamshiri Updated 

TRIGGER is required for any arrows on the chart. Please read below: Having broken up the downtrend channel and a nice pullback, NYSE:DOW is now trading in an upward channel. However, $62 zone is counted as an important resistance on the road to higher targets. Looking close to the chart, we can see a great upward pin bar on the bottom of the upward channel,...

Amir_Shamshiri Updated 

TRIGGER is required for any arrows on the chart. Please read the below: After my previous sell recommendation, which reached both the first and second target, it seems that CURRENCYCOM:OIL_BRENT will not go beyond $98. So, in terms of breaking and pulling back to $102.5, we can have a buy with the mentioned targets on the chart.

Amir_Shamshiri

Having not broken $82, NYSE:JCI turned back to $67 zone, and broke it. It seems that NYSE:JCI is modeling the previous downtrend move, mentioned as AB on the chart. That being said, the PRZ and TRZ of the downtrend are $55 (in the short term and $45 in the mid-term) till the end of April (for the short term and the end of June for the longer time horizon)....

Amir_Shamshiri

The long-term previous top of NASDAQ:CTSH has been broken in December 2021. Since then, this stock has been doing a nice pullback to the broken zone, which I expect to be acted as the new support line of the chart. During January, February and April 2022, the price retouched this support line, and each time couldn't break it, which shows the high amounts of...

Amir_Shamshiri

TRIGGER is required for any arrows on the chart. It seems that ABC correction waves of FX:USDCAD has been finished and we are in the first wave of an upward move toward 1.28. However, we need a slow pullback to 1.2536, which we can draw a short-term trend line and have a long position with reasonable risk to reward ratio.

Amir_Shamshiri Updated 

TRIGGER is required for any arrows on the chart. Read the below please: Considering multi-timeframe analysis, NYSE:TGT is moving in an upward regression channel with a recent touch to its midline. With a closer view (Weekly timeframe), we would have an upward trend line on which NYSE:TGT has built a "pin bar", which is a signal of future upward movements in...

Amir_Shamshiri Updated 

After breaking down the short-term $106 support zone of CURRENCYCOM:OIL_BRENT , we can expect a pullback to it and saving energy for moving toward its PRZ and TRZ, both mentioned on the chart. As long as the price is under $109.3, the analysis is valid!

Amir_Shamshiri

NYSE:JPM is modelling the big orange arrow, mentioned on the chart, on its correction movement. For doing so, it has a PRZ of $112.4 zone (somewhen between May and July, 2022). If the price breakdown $127.8 low, both the PRZ and TRZ mentioned on the chart are valid for NYSE:JPM . For the next move, we can expect a buy position using trigger on the bottom of the...

Amir_Shamshiri

TRIGGER is required for any arrows on the chart. Read the below please: After reacting from the highest top, TVC:GOLD is on the way to completing its second wave - i.e. the correction wave two. Meanwhile, it seems that the second wave is trying to be a big AB=CD. However, the sellers' power is not enough to make the TVC:GOLD price reach PRZ. I personally...

Amir_Shamshiri

Considering the weekly movements of BABA, there is great harmony in the timing of the major tops and bottoms. The time difference between the two main bottoms (Sept 2015 and Dec 2018) has been modeled and repeated to have a major bottom of March 202. In addition, considering the major tops dates of BABA, we can see that the recent bottom has been felt on the 2.00...