Ripple on its way to becoming a two-dollar currencyRipple has had an excellent yield of about 200% growth so far and still has the potential to rise to $2. Considering the news and fundamentals surrounding this cryptocurrency, I see good growth potential for it. However, it is not one of the cryptocurrencies I invest heavily in; I only hold a limited amount in my investment portfolio.
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Behavioral_economics
Dollar index and strong climbsAccording to the analysis of the dollar index, it reached the pre-announced range, but in order to achieve the future goals, it needs a correction and then climbs again.
This can start after the new year and reach the target of 120 during the presidency of Donald Trump.
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Bitcoin and historical peaksAfter reaching the first target and correctly breaking this range, after correcting the time and price to the specified range, and from the beginning of the new year, the new movement of Bitcoin will start and will have a target of 150 thousand dollars.
Reaching this number is subject to a strong failure of the $100,000 range, which was tested once but did not reach it.
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The dollar index and the return of currency authorityAccording to the behavioral analysis of the dollar index chart and the upcoming elections in America, there is a possibility of choosing the party that supports the return of the dollar to power in the global arena and very strong and accurate economic policies.
In the long term, the dollar index will reach the range of 120, but for a shorter period of time, according to the chart, it will reach the goals.
Brent oil and the global recessionConsidering the events in the Middle East and the possibility of the involvement of oil-rich countries, and on the other hand, the economic policies of the United States and the growth of emerging countries in the economic field and the increase in demand from the behavioral financial point of view, oil has the potential to reach the range of $125 per barrel and after that. It has the construction of historical prices in 2025.
HDFC - The Controversy UnleashedHere is the HDFC Chart published on July 22nd (inside my article) - "Nifty Analysis - The No-Nonsense "0" Indicator Strategy"
Now - compare HDFC's price action on Sep 24th - Precisely following the defined Path in Blue and rising like a Phoenix from the bottom of 1600 levels and breaking the ATH created on Jul 2023
Now by next week - End of September, HDFC would have the a Final Dip to test 1757 levels and then blast beyond the ATH of 1795 lifting Nifty to New Heights and the Target of 26,430
In this entire analysis - we didn't use any Indicators and No "Ifs & Buts". The Top 10 heavy weight constituents of Nifty were decoded, the Nifty's Daily, Weekly, Monthly and Quarterly Charts were analyzed for both Candlestick Patterns and Chart Patterns with Targets.
Once Targets were identified - and basis the status of each of the Top 10 heavy weights, the probable timeline required to reach the target was identified
1. From the Index's (Nifty) price action - the future of individual stocks were determined
2. From the Stock's price action - The Nifty's direction was determined
Only when both matches - the prediction is accurate - just like how we do Division / Multiplication in Maths to re-confirm our arithmetic
We don't depend on ANY NEWS or ANY Expert Opinion or ANY Technical Indicators to guide us. Because, these factors don't handle both Internal and External elements. Either they talk about a Sector but not a stock or they talk about the historical values of a Stock (example: RSI, MACD, EMA, DMA, Bollinger Bands uses historical values of stock).
The Indicators become handicapped when it has to consider the outside elements and hence loses it accuracy and value.
Learn to Stand on your Own 2 Legs...
Ignore the Noise...
Don't follow the Wise...
Make your Own Spice...
USDCHF in the first half of 2024 Long Resault: 687 pips Profit✅A glimpse of the USDCHF in the first half of 2024
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target reached!!!!!
NZDUSD in the first half of 2024A glimpse of the NZDUSD in the first half of 2024
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NZDJPY in the first half of 2024A glimpse of the NZDJPY in the first half of 2024
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GBPUSD in the first half of 2024A glimpse of the GBPUSD in the first half of 2024
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GBPJPY in the first half of 2024A glimpse of the GBPJPY in the first half of 2024
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GBPCHF in the first half of 2024A glimpse of the GBPCHF in the first half of 2024
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GBPCAD in the first half of 2024A glimpse of the GBPCAD in the first half of 2024
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GBPAUD in the first half of 2024A glimpse of the GBPAUD in the first half of 2024
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USDCHF in the first half of 2024A glimpse of the USDCHF in the first half of 2024
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EURUSD in the first half of 2024A glimpse of the EURUSD in the first half of 2024
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EURGBP in the first half of 2024A glimpse of the EURGBP in the first half of 2024
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EURCHF in the first half of 2024A glimpse of the EURCHF in the first half of 2024
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EURCAD in the first half of 2024A glimpse of the EURCAD in the first half of 2024
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NZDCHF in the first half of 2024A glimpse of the NZDCHF in the first half of 2024
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DXY in the first half of 2024A glimpse of the DXY in the first half of 2024
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CADJPY in the first half of 2024A glimpse of the CADJPY in the first half of 2024
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AUDUSD in the first half of 2024A glimpse of the AUDUSD in the first half of 2024
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