This is one of those charts that does not need a huge amount of explanation. It is a 5 day chart comparing October 2020 (prior to the bull run that followed over the next 6 months). There are many fractals with that time and the present day. 1) Notice the life cross? Green arrows. 2) Notice the 5-day/200.sma resistance before the breakout? Red arrows? 3)...
As you can see this is what I see and how it will be the future of this chart in fractal way,, the time is not my idea ,, just the way of the trend how it will be inshallah 🌹
Shiba can grow by 300%. After exiting the triangle, wait for Shiba's pump to reach the drawn area.
A 5th wave can extend into 9 waves as per my conjecture. I will follow-up in the updates posited plausible crash scenario for early 2024 which is difficult to see on this chart if not zoomed in. DJIA charted from 1789 inception . It’s plausible that Robert Prechter’s Elliot Wave (EW) count for the DJI (c.f. direct link to the chart ) might be correct...
As referred to my earlier analysis. Forgot to point out he weekly open gap. This i acting as support/demand. Waiting to see if it holds.
Huge Bull Pennant BREAKOUT today for #Bitcoin ! Massive VOLUME coming with the move and price closed above 50MA The RSI looks GREAT and I'm leaning Bullish, but here's a Bull & Bear scenario for the next couple months CRYPTOCAP:BTC coming up to critical resistance at $67,3 If we can close a few days above that level we'll range ~$69,6 Then retest $64,6...
LYC - LYNAS - rare earth anti chinese monopoly play as the title says, china is once again applying restrictions like they did in 2010, low and behold we have the same price structure! these plays are cyclical for sure. they sorted their Malaysian issue recently, at least for awhile. i expect their move back to Australia will be facilitated by the western powers...
DXY 1W Bias and Context seeks for liquidity at Previous Week Low, Swing Low and Bullish Order-Bock.
JSE:GLN has shown multiple reasons to enter a long position. Firstly, the EMA's, stochastic and MACD are all signaling an upward move, the fractal from the 7th of May has been breached and it has broken through a descending resistance line plotted on the chart. Today, our order to go long was triggered. We are looking to reach the target at around the 125 level.
Fundamentals aside, MMM has reached a monthly support zone and is showing an interesting reaction. A market structure shift has occurred on the Daily chart and one can enter on any pullback lower. MMM is heavily discounted at the moment. Looking to target around $130-$140. Keep an eye on MMM. Apply your trading plan on lower timeframes.
On the daily chart, market structure was broken towards the upside and we had multiple higher lows formed on DXY. We can also see that DXY is currently holding an area of support. Based off of pure price action, we can expect a potential move to the upside. Two easy targets are outlined but price can go as high as the third target. It is important to remember...
I see a strong move from here in fractal way.. Still It is Nice weekly chart to follow ..
Many have already heard about the Steve's (Crypto Crew University) 5.3 theory. This theory determines that the percentage gains throughout the bitcoin cycles are decreasing by a factor of 5.3, placing a top for bitcoin for this present cycle at roughly 80k. While I tend to agree with Steve's analysis, and actually find him one of the most accurate bitcoin analyst...
As you can see on the weekly chart, I observe oversold conditions along with falling pattern that we are close to breaking through. Additionally, there is a divergence in the MACD. Finally, I have also analyzed fractals.
Based on the trend in the daily timeframe, I expect a decline from this symbol, and considering the necessary confirmations in the 15m timeframe, we entered the trade.
US30Y headed ⬆️ to 5%? If it breaks above 4.83%, then most likely it'll explore the further premium areas of the range. US30Y is currently doing a very methodical climb up, as compared to a very rapid fall post Nov 23. This should be fun to watch! 🤩
Marvelous Wyckoff distribution happening on STX. I will only be interested once it has completed its distribution.
Gold got rejected at R2 level projected and already formed double top which is likely to drive the metal down. A failure of support at S1 to hold gold's price will see metal price dropping below 2338 to test S2. Having said that, gold may encounter early support at 2352; and price is rejected at this level, we might see gold again testing R2. N.B! - XAUUSD...