20240813 ESI anticipate some upside with likely spike to the upside on the hills of the 8.30 HI news. => After that move to the upside I anticipate the reversal to the downside at least to the equilibrium of the last dealing range. The HI news at 8.30am can create a lot of volatility that is why the upside spike can move further and reache higher that it is marke on the chart. Nevertheless the general view is as mentioned above. I am very interested to see 8.30 price action.
Fronttest
20240802 NQI anticipate more downside to raid w ss and into w bisi CE level. => after that reversal to the upside with TGIF narrative and DOL. Asymmetry with DXY (dropping down with Stocks) makes things very risky. I would like to see the signs of the upside reversal first. Meanwhile price is moving down but I consider that to be a Judas swing.
20240712 ESI anticipate Judas upside move and reversal to the downside after that. The DOL for the upside Judas is 4h sibi CE inversion. That is an ideal scenario. DXY can make a new weekly low to raid the Monthly ss level, that will create more upside in stocks. The 8.30 Hi news is to bring the volatility.
20240705 NQPA made ss raid and bs raid secondly on the NPF release. I anticipate downside move to the DOL TGIF level. I would like to see the corrective retracement to the upside. The break of the d ss level will be very serious sign of the reversal but it will be less probable to see a substantial retracement to the upside after that decisive break lower. All in all I anticipate downside move after this upside spike on the NFP news release at 8.30am.
20240628I anticipate more downside through this day PA. The bump on the road is anticipated at d bisi CE level and I would like to see some corrective upside setback closer to the 9.45 HI news release. After that HI news even I anticipate more downside. I have modest DOL to the downside at d bisi CE level.
20240621 NQI anticipate some more downside move to make 1h ss raid and get into 4h +OB. The 4h +OB is the last defense for bullish scenario. If there is no respect for this 4h+OB then there is more downside for today. I anticipate that there will be upside move into 4h sibi (next new HH), but this 4h+OB must be respected by price action.
#FRONT/USDT#FRONT
The price is moving in a downward channel trend on the 12-hour frame and sticking to it well
After bouncing from a major support area in green at the level of 0.5300
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI that is about to break higher
Entry price is 0.5300
The first target is 0.9700
Second goal 1.10
The third goal is 1.30
Fourth goal 1.53
2024.02.13 NQ st sc AMSI anticipate one more low (shallow one) => reversal upside for corrective retracement
above the LRS BS level => around 8.30 reversal for one more leg down.
The upside retracement is not compulsory to make the new daily high, that is why it is very important to see the new daily high around 8.30 news moment.