CGC (canabis) before 70% reduction. The exchange rate may be ahead of a fractal copy. Technically, this may mean that the percentage is the same, but due to logarithmic scaling, its amplitude will be half that of the original fractal. In the event that the assumption is correct, the exchange could build another declining wave structure with a target price of 5.78usd.
BTCUSD has all the technical conditions given ..... for a weekend 15% gain. I expect a significant bitcoin appreciation in the coming days. The figure shows that copying of a correction fractal may be completed. The following sequence may be a momentum wave. The target price for the exchange rate movement is 8900 usd.
Several times in the exchange rate, an accumulation fractal can be identified from which we can see a greater fall before rising. Today's decline (-5.6% now) is due to this phenomenon. Therefore, it is advisable to look for a long position at this level. If the decrease reaches 10%, the observation is defective. Otherwise, the exchange rate may start to rise...
Based on my previous analysis, the gold exchange rate started to rise. Since the technical rule of my analysis closely followed the events, I have reason to believe that the regularity of the movement may continue. Furthermore, it was found that the current motion is a fractal motion. The ATR of the fractal is twice the value of the previous fractal (purple...
In the previous D1 time frame analysis, I described that I start the long position recording from a "spike area" to the regularity of turning north. With the current H1 timeframe, we determine the ATR stop position and target price, which I also set on an ATR basis. I also probe the fractal orbit so I start the long position with a target price of 1.12011.
The entry strategy is as follows. I use the theory that wave sequences are symmetric to the closing values indicated by ATR-based indicators. In this case, for the closing value of the PSAR indicator (red box) I want to start a long position at this level, so I calculate ATR for this level in H1 timeframe. This value is MA (200) ATR-MA (50) ATR. Then I subtract...
In my analysis there are two accumulation fractals. The percent amplitude of both fractals is the same (6%). Therefore, in the future, I expect gold to stop its accumulation movement and to move more vigorously toward the north. Therefore, as a long-term investor, I see the right time to build a position for rising gold.
The analysis proceeds from the fractal rule set that after the corrective phase, the main trend may be doubled in amplitude. In this case, it could mean that the exchange rate rise could increase to US $ 8900 as a primary target price and to US $ 11397 as a secondary target price. In the first case, I expect an increase of 18.58% in the exchange rate and in the...
There are two regularities in the movement of the exchange rate. One is that the percentage of correction distances is the same, and second that the exchange can test the closing values of the PSAR ATR symmetrically. This suggests that the exchange rate has entered an upward phase. The upside target price is 242.43 USD.
I intend to continue this analysis at My assumption is that fractal copying as seen in the current analysis may be achieved. It can be a 1: 1 fractal. In this case, the exchange rate has reached an adjustment range. This range is expected to be between 378.33-413.22usd. In this range, I expect to turn north again after a few days of accumulation movement. The...
The exchange rate may precede the construction of a 2: 1 fractal sequence. This is corroborated by the observation that the percentage of the second fractal is the same as that of the resulting fractal. It is half the size of the resulting fractal. If the analysis is correct then the target price for the exchange is 0.75 usd.
EURHUF further decline. TP $ 76.00 Hungarian Forint May Start Strengthening Again According to my technical theory, the exchange rate crossed two more powerful levels. At the intersection of the two moving average levels, the exchange built a fractal. The fractal built on the moving average curve (MA100) below is twice the size of the fractal built on the previous...
From the analysis we can see in what sequence the fractal corrections follow. Right now I'm waiting for a rising sequence. This rise may create a broader accumulation band, similar to the preceding fractal. Since I am expecting a fairly wide band, I can trade this with a band strategy. I expect the current target price to be 1.3348.
I assume the exchange rate will continue to rise north. The analysis shows that a 1: 1 fractal structure is being constructed. In this case, the further increase may be 1.1%.
I start from the fractal rule that at different significant levels the same fractal shapes can develop in the movement of the exchange rate. In the present case, the moving average MA (100) and moving average (MA200) axis line phenomenon is similar. We trade this. Note: The previously published short position EURUSD was manually closed for a small profit.
... Positioning for the second descending fractal sequence.
The structure of the falling fractal remained unchanged. Therefore, I expect a corrective rise. If the amplitude of the corrective rise increases and passes the level of 0.26237, a further rise in the exchange rate is expected. I'll come back to that later.
The exchange rate reached a US $ 6625 correction. My assumption is that from this level the movement of the exchange rate will turn north. The figure shows that the wave sequence tests the closing values of the PSAR indicator symmetrically. This is indicated by the yellow squares. The last backtest created a thinner square on both sides. Therefore, I expect the...