Most likely, the last downward wave is building up before a more sustained rise. Nevertheless, we are talking about an extremely speculative instrument. Although the GPRO price decline is always panicky, I still argue that the current sequence is the "forerunner" of another sustained rise. Looking at the analysis, we can see that the exchange rate is in a round...
I have a vision of a diminishing double-wave system. The fractals behind the wave system are also visible in the analysis. From this, I can see that the exchange rate adjustment is going down. The doubling of the first-sided fractal may be the major part of the now-waning declining wave. In case my analysis is correct, the target price for the exchange is 5.51121usd
Current analysis assumes that fractals often develop around the endpoints of various ATR-based indicators. In this case, we look at the two end points of the PSAR indicator. It can be seen that the fractal formed on the first and the fractal formed on the second (red rectangle) are dimensionally identical. Therefore, we have reason to assume that the answer to...
Since my previous analysis closely followed the movement of the exchange rate so far, this post only points out that I am expecting a further acceleration in technology. The first to provide an opportunity for correction is the 3177 usd environment.
There are two regularities in the oil price. One is that the exchange rate is moving slowly but in a rising band. The second is to build a 1: 1 fractal movement. The illustration shows you copying the original fractal. If this lasts longer, oil prices may be ahead of a nearly 30 usd rise. This rise can reach 88 usd (fractal) ....... or the top of the slow rising...
The exchange rate may build a declining fractal. Its size may be the same as the size of the first fractal. If the theory is correct, the exchange rate may drop to 96.96 usd.
In my analysis, I see the exchange rate fluctuate at the same distance from the closing value of the PSAR. This phenomenon, or fractal rule, is regularly observed in the accumulation areas. if this regularity is met then the exchange rate target will continue to rise 2.10usd
The movement of EURUSD copies the previous fractal. Fractal is 1: 1 in size. In case this movement lasts longer, the exchange rate may be ahead of a 2.5% increase. The target price for the movement of the exchange rate is 1.12741
I recommend this analysis to investors who are thinking over the years. The figure shows that gold builds a fractal channel. Its amplitude is twice that of the previous fractal channel. According to a fractal rule, it is then easily conceivable that the "response to a fractal correction" could double. Based on this rule, I now see the exchange rate moving to a...
I suppose the exchange rate is building another declining fractal. Its size may be the same as the size of the first fractal shown. In this case, the exchange rate could be around 0.53 usd. I also assume that you can turn from this level. At this level, I'm expecting a reverse split based on technical considerations. I expect its size to be around 1/10.
On Friday, a 13% drop scared investors. This is understandable. But if we look at the technical analysis, at a stage of accumulation this fall is still normal. The illustration shows two fractals. They are characterized by the fact that both fractal structures are formed in one accumulation phase. Therefore, I have reason to believe that a second fractal may...
I intend to continue my previous analysis with this post. Fundamentally, I consider Gpro stock highly speculative, with many risks. Nevertheless, in recent days, technically, there is a sign of strengthening. Currently, the exchange rate moves in a well identifiable fractal sequence. I look forward to continuing this sequence. Based on the ATRs, a 1: 1 sequence...
My analysis is a continuation of the previous one. In this analysis, I note that the exchange rate has created a "spike area" (red rectangle). The bottom of this area is around 1462 usd levels. Further increases are more likely. But the likelihood of turning north from this area is also increasing. Therefore, it is advisable to keep this in mind when placing stop...
The analysis shows that the exchange tests a MA (50) axis symmetrically. This is similar to the symmetrical backtest of the previous fractal. I look forward to completing this correction tomorrow and turning north again. In the event that the price copied the previous fractal sequence (which I see the greatest chance of), it could repeat itself around the MA...
The exchange rate may follow the correction of gold. I expect a 3% correction in gold. GOLD (Barrick) stock down 13%. As I am expecting a drop above 10%, it is advisable to take a short position from this level with a target price of US $ 15.97.
In my previous analysis, I was expecting a correction. Then I predicted a 12% drop. We can see the end of this correction. My assumption is that the exchange rate will start rising. I visualize this rise by building a double fractal. As shown in the figure, a third fractal sequence may be generated which may be twice the size of the preceding fractal sequence. In...
I believe the exchange rate correction movement has ended. The exchange generated a symmetric wave motion on the MA (100) curve. If the idea is right, the movement will turn north again. There was no change in the target price or the rise fractal sequence.