USDSGD Buy Set Up (Inverse Scale)Inverse scale set up... Buy USDSGD
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ASIA
NSPR still getting beat downNow like you and many others I'm shocked by NSPR price action, so what could have caused it? Well theres one and that was the FDA IDE approval, yet today was ann that they got the full FDA IDE approval green light.
News
-Got FDA IDE approval in the US today
-Last week they where at LD Micro 500 they gave us some company insights
1: Theres already sales in Brazil for next er. At this time er expectations didn't factor that in, so it is nearly 100% they will be making money instead of losing money.
2: They were very confident in getting the FDA IDA approval last week along with the expansion in France and Asia. Can be shown on the company website roadmap.
TA
Now the news is bullish, yet why hasn't price action reflect that? Well only thing it can be said is that people waited for the FDA IDE approval too long, so where can we go from here?
-Well be shot up 40% this morning so even though I have resistance lines from .4194-.4594, it looks like its a very week in the grandscale of this company, so are primary resistance will be .4397-.4594 with .4922 being the true goal to go full rocket. On webull we went passed it, yet on tradingview we didn't so I'll stand with .4922 being the biggest hurdle.
-Support is nothing since we kept waterfalling lower, yet if any support it ranges at .3913,.3713, and with the red zone .3506 and .3368
-Atm we are makingout withe the ema, which if we can hold it and have a good bounce off of it we can stop buying and it can confirm bullish price action. If it dips below it, it could mean I final acculation zone before we moon.
-MACD is very bullish atm, but if we rise and it gets closer it might be the end short term
-RSI is oversold, so we could suspect sideways movement with massive ranges, slow rise up, or a pure dump. A dump is unlikely in my opinion.
Overall
I've been dca every week, due to the fact of the being in the Brazil market and already having sales. I think this will produce massive gains in the near term, so i'll be holding and will update you guys if we hit lower lows or break the massive resistance.
Asian paints Hello!! Asian paints a very famous company in India is in an uptrend now but since it just broke out today and given a really big move, therefore, I'm thinking that it will now retrace a bit maybe 50-80 pt.s if it didn't break the resistance that hard red line. let's see what will happen in the next market day. #learner #my_view
Asia Sell OffThe DXY has crashed, this makes foreign debt much cheaper.
Over Asia session they could buy up this debt, raising the dollar, pushing spot gold price down.
Strong support at 1930.
Wait the Break | CHFJPY LongCHFJPY is a really nice flowing pair.
We have extremely strong bearish pressure currently but if we can see a break of this push (as we may see soon) then longs are there for the taking.
Enter at your own risk
🎯 In My Dm's Asking for a Request? Here you go! | NEOUSDTBias:
🔞 This is a requested chart done for one of my supporters and simply highlights this current price action structure and how this could continue from this support range up to what is the next nearest resistance ranges to keep in mind. On the flip side if we head down much lower seeing anything lower than S2 would be very detrimental to the current bullish market structure. Stay safe with Alts during this massive Bitcoin volatility.
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1h Support:
S1: This clustering contains two Orderblocks left from the pump that brought us out of that $10 range. This also has one S/R flip which as it would appear has acted as a point of significance assuming this move does find its short term bottom here.
S2: This clustering has two expected S/R flips that are expected to act as a range of significance if we pull back.
1h Resistance:
R1: This range consists of the current S/R flip that we pulled back from, regardless of the next move if we have a move up from here this level is likely to see some kind of reaction to it.
R2: While this range is not Highlighted by Alpha mapping or Directional Bias, we can't win them all, and such I had to manually plot it. Anyways this range may see a reaction if the price is not able to achieve the R3 range in one fell swoop.
R3: This being the most recent significant swing high ensures a reaction here with continued upside price action. To be kept in mind even if you expect a move higher than this level.
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Here are some significant levels of interest on a higher timeframe to at least keep in mind going forward. Anything lower than S2 is a clear bearish signal and should be considered heavily if currently long if and when that occurs.
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Shangai Ent- reached forecasted target, small correction aheadThe index reached the target aligned with our forecast post of June 1st. We may see a small correction, before the index continues its uptrend path. FOLLOW SKYLINEPRO TO GET UPDATES.
USDINR - tracing minor 5 - new highs aheadUSDINR is tracing minor wave 5 of intermediate eave 3. We should see new highs ahead. The most probable target is the range from 82 to 87. If price crosses down 72.50 this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
HSCEI - wave 3 up under way, probability of more than 10% gainsHSCEI is tracing minor wave 3 up of the primary impulse wave that just came out of a bullish primary triangle. Price should reach levels higher than 11,100 for the top of minor wave 3. If price crosses down 9,300 this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
C61U - opportunities for around 10% short-term gainsC61U is tracing the last leg that should complete primary corrective B wave. The most probable target is at 2.01. After this price should trend in direction to new lows. If price crosses down 1.67, before reaching the target, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
Daiwa Office - trend down to new lowsDaiwa Office Investment Corp is tracing the initial stages of primary wave C down. If this is the case, prices should trend down to levels below 400,000. In case price crosses up 653,000, this analysis should be revised. FOLLOW SKYLINEPRO TO GET UPDATES.
USDSGD - reversion to new highs aheadUSDSGD has followed the path forecasted in our April 30 post and it seems to have finished (or very near to) intermediate wave ( C) that completes primary wave 4. The next move is wave 5 up that should elevate the price to levels above 1.46. If price crosses down 1.385 this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
USDJPY - last leg of triangle wave D, target above 111.7USDJPY is following the path forecasted in our post of May 2 and it is now tracing the last leg of the intermediate triangle wave D. This leg should reach levels above 111.7, but below 118. If price crosses down 106, this analysis should be revised. FOLLOW SKYLINEPRO TO GET UPDATES.
JP10Y - downtrend aheadJP10Y seems to have finished minute wave 2 and the next move should be minute 3 of minor 3. Minor 3 should decline yields to around -0.17. If yield crosses up 0.03 this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
PSEC - uptrend aheadThe Phillipines index has finished a corrective 3-wave intermediate pattern that retraced around 38% and reached the fourth wave level of two lower degrees, this could mean the end of this correction. It seems to be finishing wave B, if price crosses up 6,000, the probable target to the upside lyes around 7,300. If price crosses down 5,380 this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
FTSE Bursa Malaysia Index - uptrend under wayThe Malaysian index has finished a corrective 3-wave intermediate pattern that retraced around 50% and reached the fourth wave level of two lower degrees, which is a typical end of corrections. It is now finishing to trace intermediate wave 1 or A. We could see a smaller correction up to 1,430 before the uptrend continues. FOLLOW SKYLINEPRO TO GET UPDATES.
SET - long-term positive trendSET index has finished a corrective 3-wave intermediate pattern that retraced around 50% and reached the fourth wave level of two lower degrees, which is a typical end of corrections. It is now finishing to trace intermediate wave 1 or A. We may see a smaller correction that should end at 1,200 - 1,250 range before the uptrend continues. FOLLOW SKYLINEPRO TO GET UPDATES.
NI225 - potential of more than 15% returnsNI225 had a very small correction afgter the end of leading diagonal wave 1 and it its now tracing the eraly stages of intermediate wave 3. If this is the case, the price should continue to trend to the most probable target at 26,576. If price crosses down 20,530 this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
NIFTY 50 - potential for more than 20% gains in up to 3 monthsNifty50 is tracing the initial stages of primary wave 5 up and it is now developing minute wave iii up. This move should elevate its price to the most probable target of 12,640 with a more than 20% gain. If price crosses below 8,790 this analysis should be revised. FOLLOW SKYLINEPRO TO GET UPDATES.
STI - potential for more than 20% gains in around 2 monthsAs predicted in our post of April 6, STI finished a primary degree bullish triangle and is now trending up. It seems to have finished wave ii and entering wave iii up. The most probable target is at the 3,240 level, which would total 27% of gains in around 2-month period. We may revise this analysis if prices cross down 2,480. FOLLOW SKYLINEPRO TO GET UPDATES.
HSI follows the predicted trend + new possibility of gains aheadAs predicted in our April 6 post, HSI reached minute wave i and as minute wave ii has completed, new possibility of gains are available at minute wave iii with the most probable first target at 28,284. If the index crosses below 22,500, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
