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SEKRUB, Ascending-Wedge, Bearish Breakout Incoming!Hello, Welcome to this analysis about SEKRUB, we are looking at the 12-hour timeframe perspectives. As I discovered SEKRUB is forming an important structure here that can indicate further bearish developments ahead of next times. When looking at my chart we can watch there how SEKRUB has now built this ascending-wedge-formation in the structure which is on most occasions a bearish-continuation-formation. Besides that SEKRUB is now approach this major resistance-cluster with the ending of wave C where several important resistances coming together such as the descending-resistance-line in black, the horizontal resistance in blue, and also the 65-EMA marked in my chart. SEKRUB on the higher timeframes such as the weekly chart has a clear horizontal resistance in this level. All these factors indicating that the ascending-wedge will complete in the near future and when this happens it will activate the downside-targets and likely reach them within the schedule. In this manner, thank you for watching my analysis about SEKRUB and the ascending-wedge that has a high possibility to complete and activate descending-price-action, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
1
JPYNZD, Decisive Bull-Flag-Formation, How It CompletesHello, Welcome to this analysis about JPYNZD, we are looking at the 12-hour timeframe perspectives. As I recently detected JPYNZD is forming this interesting structure with mainly this decisive descending-bull-flag-formation formed and the wave-count from A to C almost already completed in the flag-formation. Besides that, the wave-count in the flag and the flag itself form the wave C of the major wave-count to the upside. This flag-formation finally confirms with a breakout above the upper-boundary as it is marked in my chart and such a breakout with a sustainable stabilization above the boundary will be the setup for the further continuations to the upside as well as activation of the upper bull-flag-target-zone marked in my chart in blue in the 0.01323 level. When the breakout completes as suggested the targets will be reached with a high possibility likelihood and after this has happened the situation needs to be elevated anew with JPYNZD either continuing bullishly or moving into a reversal which would not be unlikely. In this manner, thank you for watching my analysis about JPYNZD and the main bull-flag-formation with the likely breakout incoming and activation of upside-targets ahead of next times, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
3
JPYCAD, Triangle-Breakout Incoming, Targets When Completed!Hello, Welcome to this analysis about JPYCAD, we are looking at the 4-hour timeframe perspectives. As I discovered in my analysis JPYCAD has now developed this main triangle-formation in the structure marked with the boundaries in blue and the coherent ABC-wave-count within. As JPYCAD recently bounced in the lower boundary of the triangle this happened with great volatility and is the indication that the triangle-breakout above the upper-boundary will follow in the next times. When this happens JPYCAD will settle above the upper-boundary of the triangle to provide the right setup for the continuational movements to the upside. The breakout will also activate the targets marked in my chart in the blue level at 0.0113. When JPYCAD reaches these zones which likely will happen when the triangle completes it has to be elevated if JPYCAD manages to continue bullishly or firstly forms a reversal in the structure, it will be a interesting journey ahead. In this manner, thank you for watching my analysis about JPYCAD and the triangle-formation-breakout likely to come up in the next times, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
7
ZARJPY, Bearish Triangle-Formation, Declines Incoming!Hello, Welcome to this analysis about ZARJPY, we are looking at the 4-hour timeframe perspectives. As when looking at my chart we can watch there how ZARJPY has developed this bearish wave-count to the downside and has now formed this bearish symmetrical-triangle-formation marked in my chart with the black boundaries. Within this formation, ZARJPY has the coherent wave-count almost already completed and has the 100-EMA as strong resistance. All these factors give the indication that the triangle-formation will complete in the next times bearishly to the downside, when this happens it will be the set-up for the bearish continuations to the downside and the activation of the main initial target-zone at the 7.45 level marked in my chart in blue. When this level is reached it has to be elevated how ZARJPY continues and if there comes a potential reversal or further heavy bearish declines will follow up. In this manner, thank you for watching my analysis about ZARJPY and the bearish triangle-formation-breakout likely to come up in the next times with the targets to be activated, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
5
CHFNZD, Volatility-Developments In Channel, Bounce To Establish!Hello, Welcome to this analysis about CHFNZD, we are looking at the 45-minute timeframe perspectives. As I discovered in the last times CHFNZD has formed this main descending-channel-formation in which it has a coherent wave-count with the waves A to C almost already completed and now with the wave C testing the lower accumulation-channel marked in green in my chart where CHFNZD already bounced several times to the upside and is now also likely to do so. A new bounce in this accumulation-channel will lead to the development of the wave D in the structure in which CHFNZD will move on and test the upper distribution-channel marked in red anew from where the wave E will have its origins with a high possibility. When such a wave E emerges then it will complete the whole wave-count and test the lower supports in the structure from where the dynamic needs to be elevated anew. Currently, we should expect CHFNZD to continue with its wave-count and bounce in the structure to emerge with wave D and test the upper zones anew. In this manner, thank you for watching my analysis about CHFNZD and it channel-formation-structure with the upcoming volatilities and measurements to expect, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! Information provided is only educational and should not be used to take action in the markets.
by VincePrince
7
J&JOHNSON, Ascending-Triangle-Formation, Completion Incoming!Hello, Welcome to this analysis about the stock JOHNSON&JOHNSON, looking at the 4-hour timeframe perspectives. In my analysis recently I detected an interesting formational structure with J&J which has the ability to show up a determined breakout. As the corona pandemic moved on there emerged several pharmacy companies wanted to invent the covid-19 vaccines, one of them is J&J, now as these vaccines finally emerged there have been sharp rallies in the other companies already especially when the demand at the beginning of the vaccine launches has risen. Now as the demand keeps increasing and the companies distribute to new markets these demand-runs come in waves, as traders we can catch such opportunities in the market when the fundamental signs also give a positive indication for a rise or a fall in a stock like it is the case with these pharmacy companies in the last months. From the technical point of view, J&J is building this massive ascending-triangle-formation with the waves A to C already completed. Now J&J is about to form the wave D and this wave D so far has shown up with increased volatility to the upside which is a good sign. Furthermore, J&J managed to bounce in the 200-EMA and the next time we can expect the stock to rightly test the upper-boundary as it is marked in my chart from where the wave E will have its origins, when then the wave E manages to stay in the channel and possibly also bounce in the blue confirmational-bounce-cluster this can lead to the final breakout and completion of the ascending-triangle-formation. In this case it is highly necessary that there do not come any bad news for the vaccine distribution such as a break in the supply chain or something else that can lead to a decline in the stock, when this not happens the breakout is likely to show up after the wave-count completed. In this manner, thank you for watching my analysis about JOHNSON&JOHNSON with the current fundamental aspect as well as the major triangle-formation forming, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
NYSE:JNJ
by VincePrince
4
WTI OIL, Develops Main Ascending-Wedge, Breakout Incoming!Hello, Welcome to this analysis about WTI OIL, we are looking at the 4-hour timeframe perspectives. On the weekly timeframe, WTI OIL is approaching a historical level at the 75 zones and besides that, I discovered important signs that will be a determining source for WTI OIL on the more local 4-hour timeframe perspectives. Currently, it is important to do not underestimate the upcoming bearish possibilities as WTI OIL moved into increased overbought conditions on the daily as well on the more local timeframe perspectives, this is why it should be definitely positive to be prepared on potential changes of direction and do not take up the bullish approach forever to do not get overwhelmed when the market conditions and volatility direction alters. As I discovered now and when looking at my chart we can watch there how WTI OIL build up this massive ascending-wedge-formation in the structure marked with the boundaries in black and the coherent wave-count within. The wave counts almost already completed with the waves reaching from A to E in the structure and pulling back from the upper boundary, this is why continued entry of supply is possible here and should be expected in the next times. Such a formation is in almost most occasions a formation indicating a bearish reversal with heavily increased volatility to the downside when it completes. This is what should be also expected here. Taking these factors into the consideration now WTI OIL is likely to complete the main decisive ascending-wedge-formation in the next times when price-action breaks out below the lower-boundary and closes there as it is marked in my chart. Such a price-action will complete the whole formation and will be the setup for bearish continuations to the downside with the activation of the main lower target and support-zone marked in blue where the situation needs to be elevated anew. For now, it is necessary to anticipate potential increased bearishness within the next times and to do not keep the resulting volatility that can increase out of it from the desk, it will be an important development ahead. In this manner, thank you for watching my analysis about WTI OIL and the massive ascending-wedge which is likely to complete in the next times, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
TVC:USOIL
by VincePrince
2
NZDUSD, Solid Descending-Wedge-Breakout, Upside-Targets!Hello Traders Investors And Community, Welcome to this analysis about NZDUSD, we are looking at the 4-hour timeframe perspectives. NZDUSD in the last times as I discovered has formed some interesting formational structures that can be the origin for further potentials and increased volatility. As when looking at my chart we can watch there how NZDUSD is firstly in this major ascending-channel-formation in which it established this wave-count to the upside and in this wave-count recently completed the wave B with this descending-wedge-formation bullishly to the upside with great volatility, this completed the wedge and is the main origin for further volatilities likely to come up in the next times. It is possible that NZDUSD bounces in the blue area which will be the appropriate further confirmation and after that the activated targets will be approached mainly within the 0.173 level from where the situation needs to be elevated anew, it will be an interesting development. In this manner, thank you for watching my analysis NZDUSD and the descending-wedge-breakout as the origin for upside-targets and upcoming volatilities, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! "Good luck is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
6
GOLD, Initial Relief-Rally To Emerge, Important Zones!Hello Traders Investors And Community, Welcome to this analysis about GOLD on the 4-hour timeframe perspectives. As already mentioned in the former analysis on the more global perspectives of 12-hours or higher GOLD is within this massive descending-channel-formation in which it is likely to test the remaining resistances and after that move on with its downtrend in the structure. Now as I detected in my analysis on the more local 4-hour timeframe GOLD moved into important support zones and the structure is indicating a relief-rally to test the remaining resistances which is also confirming the assumption of the broader perspectives, therefore I detected all the important levels and likely destinies we should consider with GOLD in the next times. As when looking at my chart now we can watch there how GOLD has bounced firstly from this ascending-trend-line marked in black where GOLD had important supports before and now bounced there again, furthermore GOLD moved into an overbought condition and also has horizontal support lying within this structure at the 1770 level. Taking these factors into consideration GOLD has the ability to first show up with bounces here which will test the descending-trend-line marked in grey in my chart. When then GOLD is strong enough and bullishness can increase further this can lead to a breakout above the descending trend-line and such a breakout will be the activation for GOLD to test the further remaining resistance at 1810 as marked in my chart. Now when GOLD manages to form these movements and develop the breakout to test the major resistance this does not mean GOLD is completely bullish as already suggested there is still this overall bearish tendency on the more global term. This is why it will be extremely important on how GOLD approaches this strong remaining resistance and how it follows up from there, when a strong pullbacks sets in this has the possibility for GOLD to take up the downtrend again which should not be underestimated. However, till then we should keep patient and elevate the final destinations before rushing into trades that do not satisfy as this is an important virtue for a trader and distinguishes real trading from mere speculation. In this manner, thank you for watching my analysis about GOLD and the upcoming relief rally we should expect; will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information is only educational and should not be used to take action in the market.
TVC:GOLD
by VincePrince
15
USDJPY, Descending-Bull-Pennant, Breakout Incoming!Hello Traders Investors And Community, Welcome to this analysis about USDJPY on the 4-hour timeframe perspectives. As I discovered recently USDJPY is forming a very interesting formational structure that can lead to a dedicated breakout when USDJPY shows up with the right price-actions in the schedule. As when looking at my chart now we can watch there how USDJPY established this major descending-bull-pennant which is in most occasions a bullish-continuation-pattern setting up a further continuation to the upside, this is also likely to happen here as USDJPY already finalized the wave-count within the formation of a final breakout above the upper boundary of the formation will complete the formation and will activate upside-targets marked in my chart in blue. The whole structure can be traded either with aggressive entry while price-action still stays in the formation or with conservative entry after the breakout has emerged, although the aggressive entry is also possible the conservative one will be the much better option, traders need to decide according to own risk preferences. When the upside targets are reached the situation needs to be elevated anew. In this manner, thank you for watching my analysis about USDJPY and the descending-bull-pennant that awaits a dedicated breakout with activation of upside-targets in the next times; will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! "Good luck is when opportunity meets preparation." Information is only educational and should not be used to take action in the market.
by VincePrince
22
NASDAQ, Penetrates Key Upper-Boundary, Upcoming Perspectives!Hello Traders Investors And Community, the NASDAQ in recent times as I discovered is showing up with some interesting signs in the structure as there remain important resistances it can also not be kept from the desk that there is a potential to see a determined continuation of the previously established uptrend therefore however the NASDAQ needs to show decisive price-action in which it has the ability to breakout above this main ascending-channel-formation I discovered recently. When this is the case and the NASDAQ manages a sustainable breakout with an increase of spread and volatility this can lead to great upcoming potentials in the structure and activation of further targets, therefore I detected all the important levels and likely destinies we should consider. As when looking at my chart we can watch there how the NASDAQ developed this massive ascending-channel-formation in which it has two significant zones, the first is the lower accumulation range and the second is the higher distribution range. Furthermore, the NASDAQ has the coherent wave-count within the channel in which it already completed the waves A to C in the structure and is now approaching the distribution range once again which is a very likely origin of wave D to the downside as the distribution will follow-up here. This wave D will then move on to test the lower accumulation range marked in green which is an important zone to hold and back up for the NASDAQ. Taking all these factors into the consideration it will be highly important on how the NASDAQ continues within this channel-formation, when it moves on with the wave-count as expected and completes it to finally show up with further bullish demand-increase this can lead to a dedicated upside-breakout sooner or later in which NASDAQ will provide the right setup for a wave-E-extension to the upside with increased spread and volatility as it is seen in my chart. For now it will be important on how the NASDAQ moves on with the developments especially with the incoming distribution when this shows up as expected the further assumptions can be made, it will be an interesting journey to come. In this manner, thank you for watching my analysis about the NASDAQ and this massive ascending-channel-formation, the coherent wave-count, and what exceptional determinations we should expect in the upcoming times, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! Information is only educational and should not be used to take action in the market.
TVC:IXIC
by VincePrince
8
USDCHF, Bull-Flag In The Structure, Incoming Upside-Alignment!Hello Traders Investors And Community, Welcome to this analysis about USDCHF in which I will look at the 4-hour timeframe perspectives. USDCHF showed up with this heavy bullish volatility spiking to the upside and formed a considerable bullish pace. Besides that I detected this main ascending-channel-formation with the boundaries marked in blue and in this channel-formation USDCHF now develops this local bull-flag which is forming above the 45-EMA in red. In this bull flag USDCHF already completed the ABCDE wave-count and has now the ability to form a determined breakout when demand increases here and the supports can behold. This breakout will finally develop and complete the bull flag above the upper boundary as it is shown and marked in my chart, after this has happened it will activate upside targets mainly lies within the 0.9361 structure marked in blue also matching with the upper-boundary. When USDCHF shows up with the breakout out of the bull-flag in next times it will be the great origin for the upside targets to be pointed, for now, it will be important on how this bull-flag completes. In this manner, thank you for watching my analysis about USDCHFs bull-flag forming and the potentials ahead next time, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! Information is only educational and should not be used to take action in the market.
by VincePrince
18
Price-Action-Channel-Formation: Key Projection-Types!Hello Traders Investors And Community, Welcome to this tutorial about Price-Action-Channel-Formation. In markets, there are often price-actions forming that move into channel-formations which can shape into different forms. In this tutorial, I am looking at important channel structure types and how the projections can be assigned to properly object a taget-zone in the various types. As it is most often the case such formations can show up with a great potential signal to enter when they rightly complete and the final confirmation shows up, therefore it is important to keep patient on these confirmations and do not hesitate to enter into the market when no solid setup and opportunity is given. Range-Breakout-Projection: - Such ranges form quite often in the market and they can develop on smaller timeframes such as the 1-hour timeframe or higher timeframes such as the daily timeframe always with the proper time perspective given with the certain range. The pattern starts with a downtrend or in the reverse with an uptrend marking a new low or high which is the support/resistance in the range then the price bounces back to form the counterpart high or low which then creates the counterpart support/resistance in the structure. After a period of consolidation, the price finally breaks out of the range above the support/resistance level and closes there. When the final breakout emerges there are two possible target-projections, firstly the range height from the support to the resistance that is projected from the breakout point and secondly the width from the initial range entry to the breakout which is projected from the low to the upside, both projection can have different targets that can be assigned as target one and target two. Tripple-Channel-Target-Projection: - This is a very interesting channel-formation that is forming in the markets. Firstly the uptrend channel develops as seen in my chart(this can also happen in the bearish direction), within this channel a new high marks in the structure before the price-action actually reverses and breaks out below the lower boundary of this main ascending channel. The first breakout below the lower boundary of the channel activates a target with the projection to the downside and after that it is not seldom seen that the price-action moves back into the lower boundary and tests again as seen in my chart, in this case two further channels can be drawn, the second channel in the structure which is projected from the high to the structure lows and highs to the downside and the third channel projected from the new downtrend low to the new downtrend high, when the price-action now moves into the lower boundary of the main channel again this is a tripple-resistance-pullback as seen in my chart and the price-action moves on to the targets by the breakout and when the price-action then moves below the second channel the next target is activated. Classical-Descending-Channel-Projection: - This is the most classical channel in the market, it can form as a descending channel marking a potential bullish reversal as well as an ascending channel marking a potential bearish reversal. In both types, the channel is formed by the trend lows and highs which are ranging in the channel and as the downtrend (or in the reverse the uptrend) moves on the market gets oversold and the possibility for a reversal gets higher as the market has not the ability to continue this way for every. Such a formation also often inhabits a elliot ABCDE-wave-count which can offer additional confirmation for a breakout. This final breakout emerges when the asset gets that much oversold that demand enters and a breakout above the upper boundary settles as it is shown in my chart. When this breakout shows up the channel heights from the up to the downside is projected to the final breakout to the upside and the price-action is ready to appoint these zones. Range-Triangle-Channel-Projection: - This is a pattern that combines two formations, firstly an ascending channel and secondly an ascending triangle which is forming within the channel. Firstly the ascending-channel establishes with higher highs and higher lows and within this channel, the price-action makes something interesting as it does not move on further in the structure and stops making new highs it pulls back and forms a horizontal line of highs in the structure which then develops into this ascending-triangle seen in my chart in orange. Such an ascending triangle has the ability to form a dedicated breakout to the upside when the price-action moved on to range in the triangle and possibly also completes the wave-count within. When the price-action finally breaks out above the upper boundary of the triangle this will activate the further developments and targets at the upside especially amazing is the double projection here which projects the triangle height to the upside and is also at the same time the target at the upper boundary of the ascending-channel which can approve the target not only in price but also in time. Bull-Flag-Channel-Breakout-Projection: - This type of formation projection can show up with a very good solid signal however there are some very important determinations that need to confirm rightly before assessing the formation in the right manner. When the bull flag does not complete properly and the price-action increases bearishly or also bullishly when it is a bear-flag such a flag-formation can also invalidate with the breakout into the reverse direction which can often lead to heavy volatilities into the other direction as traders get trapped. Nevertheless when the formation completes rightly which will happen with the final breakout above the upper or lower boundary the target projection is made from the previous low in the wave to the upside to the high which is then projected from the lowest price-action point in the flag to the upside, always possible with the counterpart formation into the other direction. Double-Channel-Triangle-Breakout-Projection: - Now comes a very amazing formation as there are some interesting points given in this formation that can lead to a very strong breakout signal and the activation of the targets ahead. This formation basically consists of an initial channel to the downside in which the price-action ranges and after that can fall below the lower boundary and continue bearishly to reach the target, this initial price-action in the descending channel does not necessarily need to show up. After that when the price-action reached the targets the price backs up and continues to the upside to finally move into the previous descending-channel again in which it continues to consolidate and now also forms a bunch of lower lows that mark an ascending-trend-line in this channel, both the first descending-channel and now the second ascending-channel form a symmetrical triangle formation which is more likely to break out into the direction it came from which in this case is the bullish direction, this can also be measured into the reverse direction. The breakout then strongly activates an upside target which is the price-projection of the triangle to the upside and also the upper-boundary of the channel-formation that can also show the target in time. In this manner, thank you for watching my analysis about these important price-action-channel-formation types that can be spotted in today's market, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! Information is only educational and should not be used to take action in the market.
BYBIT:BTCUSD.PEducation
by VincePrince
14
TSLA, In Determined Channel-Formation, Scenarios To Consider!Hello Traders Investors And Community, Welcome to this analysis about TSLA, we are looking at the 12-hour timeframe perspectives. TSLA since forming the high at 900 has firstly shown up with these heavy bearish alignments that should firstly not be kept by side in this whole structure. Furthermore, I detected an important formation TSLA is forming here which will be the decisive factor in the upcoming times, therefore I detected all the important levels and likely destinations we should consider with TSLA in the established structure and upcoming movements. As when looking at my chart we can watch there how TSLA built this main ascending-channel-formation in this structure with a coherent wave-count within this formation and the waves A, as well as B, already finished. Now as TSLA moved into the lower-boundary of the channel and bounced there this was the origin of the wave C to the upside which is now in development and is likely to approach the upper boundary and especially the distribution zone lying there, it is still an important zone as TSLA is likely to pull back there firstly and test the lower levels in the channel-formation before moving on with further determinations. In this case there are two potential scenarios when TSLA reaches the decision-zone, the first is a bounce to the upside in this structure from where TSLA can have the ability to built upon to possibly emerge with an upside-channel-breakout when this bullishness can hold on, the second scenario is that the bearish pressure holds and TSLA moves below the decision-zone which will lead to the testing of the lower boundary and in this case when the bearishness keeps holding on this can continues bearishness can also convert the channel into a bear-flag when TSLA moves below. These are the two main scenarios important to elevate next times after TSLA reached the distribution zone and pulled back from there and it is necessary to keep patient and await the final confirmation of either scenario A or B than to rush into final conclusions. Both ways have their own characteristics and only when the confirmation settled an appropriate action can be taken into the consideration. It will be an important development ahead. In this manner, thank you for watching the analysis, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! “There are many roads to prosperity, but one must be taken.” Information is only educational and should not be used to take action in the market.
NASDAQ:TSLA
by VincePrince
4
AMZN, Develops Main Ascending-Triangle, Bullish Breakout Ahead!Hello Traders Investors And Community, Welcome to this analysis about AMZN, we are looking at the 12-hour timeframe perspectives. AMZN in recent times is in a very interesting constellation as it managed to hold its higher base-formation and is showing up with some bounces within. Besides that, I discovered this amazing ascending-triangle-formation within the structure marked with the black boundaries. Within this triangle-formation, AMZN has the coherent wave count and the waves A and B already completed. As AMZN now approaches the upper boundary of the triangle where still resistance is lying this is likely to be the origin of the wave C that will approach the confirmational-bounce-cluster from where a bounce can be expected. In this case, it is necessary that AMZN rightly holds this zone and does not falls below because this will invalidate the formation. When AMZN then manages to bounce in the structure and finally marks above the upper boundary it will be the proper confirmational breakout setup to activate upside targets mainly lies within the 3850 zones marked in blue. When AMZN reaches out to these targets it has to be elevated how it proceeds further and if there can come a continuation of bullishness right away or AMZN firstly settles for a pullback which is not unlikely in this case. For now, the upcoming bullish breakout should be expected, it will be an interesting development ahead of upcoming times. In this manner, thank you everybody for watching, support the idea with a like and follow or comment, have a good day, and all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the markets.
NASDAQ:AMZN
by VincePrince
7
GOLD, Pullback From Main Resistance, Upcoming Perspectives!Hello Traders Investors And Community, Welcome to this analysis about GOLD, we are looking at the 2-day timeframe perspectives. As already mentioned in previous analysis GOLD was likely to pull back from the 1850 to 1900 level which also happened now and GOLD has shown up with this serious bullish alignment to the downside in which it now closed below the 35- as well as 100-EMA. In this case, now I detected all the important levels and likely determinations we should consider within the upcoming times. Structural Developments: As GOLD recently moves below the 35- as well as 100-EMA marked in red and green these EMAs are now serious resistance in the structure marked in my chart with the local-resistance batch. In this level GOLD has now the resistance over which it firstly won't likely move that fast. Besides GOLD is in this coherent wave-count and almost already completed the waves A and B in the structure with the origin of wave B as the pullback from the upper resistance. Moving in this broader descending-channel-formation it is likely that GOLD will approach the lower boundary the next time as it did and is likely in such channel formations. Upcoming Determinations: Taking these structural factors into consideration GOLD will likely continue with the establishment of the wave C to test the lower boundary which can be a potential reversal-zone however it will be crucial on how GOLD reacts into it because when it increases with strong bearishness further and closes below this dynamic support it will be the source of the wave-C-extension moving on in the bearish-continuation-zone as marked in my chart in red to test the lower levels of support from where stabilization can show up. For now, it is necessary to do not to keep the bearish perspectives out of sight as they can accelerate especially in the upcoming times. In this manner, thank you everybody for watching, support the idea with a like and follow or comment, have a good day as well as weekend, and all the best to you! "The high destiny of the market is to explicate rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
TVC:GOLD
by VincePrince
7
Candlestick-Formations: How To Spot The Patterns Like A Pro!Hello, Welcome to this tutorial about Candlesticks and in particular the very various candlestick patterns that form in the financial markets. The charting technique under which Candlesticks operate are candlestick charts and the candlesticks firstly came up in the 18th century, till today they established as a widespread technique that many traders use for their charting. What is so amazing with these candlesticks compared to a line or point-and-figure charting is that they can determine very precisely if a market is trending, if a reversal is establishing or the momentum of price-action is slowing down. The various single candlesticks can add up to decisive candlestick-patterns that can be used for trading and trading decisions, especially with other indicators such as oscillators or channeling they can be a strong tool for today's trading principally also in modern markets where there is decent liquidity and not many gaps such as Cryptocurrency or Forex. __ Characteristics: - In my chart, I have listed 34 contrasting cryptocurrency patterns that can be spotted in the markets. On the left side, there are 16 bearish candlestick patterns and on the right side, there are 16 bullish candlestick patterns together with the 2 candlestick patterns in the middle which have the same name regardless of direction. - From the 17 patterns for each side are 15 possible in both directions bullish as well as bearish while there are only 2 patterns in each direction that only form in this bearish or bullish direction. - The patterns can be divided into continuation patterns and reversal patterns. Continuation patterns can be used to make sure the established trend moves on and reversal patterns can be used to spot actual reversals to properly prepare on it. - The patterns are functioning in the underlying timeframes similarly with the trend established in this timeframe however from a broader perspective the bigger the timeframe in which the particular pattern forms the more consistent and strong this direction is for the bigger trend. So when for example a reversal pattern forms on the weekly timeframe it is stronger than patterns forming on the daily timeframe. __ Candlestick-Patterns: Bearish/Bullish 3 Continuations: - A very typical continuation pattern. The first big candle sets the tone for the pattern following up with 3 minor little candlesticks with no strength in the reverse direction till a further major candlestick emerges pushing the price toward the established direction. Bearish/Bullish Harami: - This is a good example of a reversal pattern. The first candlestick is a candle against the trend direction followed up by a new candle in the trend direction showing still possible continuation till a final smaller candlestick with a smaller body than the previous one sets the tone for the reversal. Bearish/Bullish Harami Cross: - A great continuation pattern. As the first candle is a big candle setting the pattern up with strength a little cross following up with the same close and open which is showing a consolidation in this range to build up and continue with the further volatility into the established direction. Dark Cloud Cover/Piercing Line: - A very very strong reversal pattern. While the two trend candles still suggest that the previous trend is ongoing the next third candle is very weak as it is small and does not rally the full length of the previous candle and shows up win the ends of the previous candle signaling high weakness of the bulls or bears and setting up the determined reversal. Engulfing Bearish Line/Engulfing Bullish Line: - The next substantial reversal pattern. It happens in a developed up or downtrend with the last candles low forming a line, the body of the next candle is bigger than the previous however it's close or open exactly forms there where the previous candle had its low, when the next individual candles moving to continue in this reverse direction then the pattern fully confirms. Evening Doji Start/Morning Doji Star: - This is a very interesting reversal pattern. As one normal candle into the trend directions sets up the pattern one continued weak start Doji is formed above the top or bottom of the previous body showing exhaustion and momentum slowing down, when the next candle moves into the reverse direction the pattern and continuation are validated. Evening Star/Morning Star: - A great reversal pattern. The first candles close or open set up a line where the next close or open travels outside the line with the candle showing a weak breakout while the next line into the reverse direction confirms the reversal and the formation to set up further volatilities into the reverse continuation-zone. Gravestone Doji/Dragonfly Doji: - These candles signal the initial exhaustion of the trend with a candlestick with a long shadow and the smallest possible body with the same open and close, they can be reversal as well as continuation patterns. Either the body is in the upper range or the lower range of the shadow, this is which direction the next movements will likely go. Separating Line Bearish/Separating Line Bullish: - This is a strong continuation pattern. As the first candle's body with the open or close sets up a line the next candle's close or long is below or above the line which means a weakness of this next candle regardless of the direction and estimates the further continuations into the trend direction. Evening Window Star/Morning Window Start: - This is a good example of a reversal pattern including a gap in the structure. As the first candle moves into the established direction there comes a gap before the next candle emerges which closes outside the body of the previous candle above or below, after that following candles into the new direction validate the final reversal of the previous trend. 3 Bullish Soldiers/3 Bearish Soldiers: - This is a very typical reversal pattern as the established trend exhausts with three small candles the momentum of this trend gets smaller and when the next candles follow up with a much bigger body into the other direction the pattern is completed and will determine the bearish or bullish continuations into the reversal direction. Inverted Hammer: - This is a reversal pattern that stops the previous trend and moves in the other direction. It has a high similarity with the hammer however in this case the small bodies close or open is at the same price as the low of the candle showing the exhaustion of the previous trend direction and builds the setup for the full reversal. On-Neck Line: - This is a pattern that shows the incoming bullish reversal of a previously established bearish trend as one first bullish candle signals the possible reversal it is followed by a bearish one still pushing downward and forming a new low till a snap-back move on finally confirming the reversal. Shooting Star/Inverted Hammer: - This is a pattern that determines a strong reversal as the first candles open or close forms a line, the following candles move above or below this line and then close or open is exactly on this line just outside after that the next big candle forms into the reverse direction again below or above this line and the final reversal is formed. Long Upper Shadow/Long Lower Shadow: - This pattern can move in the bearish or bullish direction showing up a reversal, as the price-action is exhausted in the particular direction a long shadow builds up while the body of the candlestick is very small in the previous direction weakens further and the reversal is easily established. Tweezer Tops/Tweezer Bottoms: - This reversal pattern can come in two variants in both it is important on where the close of the new candle lies to the previous candle or in reverse the open to the new candle, similarly with the low or high of the new candle. When these are at the same price action the reversal is determined into the new direction. Hanging Man/Hammer: - This pattern signals a determined reversal and in comparison to the long upper shadow/long lower shadow fills out the complete end of the shadow with the close or open at the same price level as the high. Tri-Star: - The Tri-Star is a pattern that shows a reversal with three candles each one with very small shadows as well as a same-close-and-same-open body, in the bearish reversal two bullish candles are followed by a third bearish and in the bullish reversal, the reciprocal determinations hold true. Spinning Top: - This pattern is an amazing reversal pattern with a very large shadow and the body exactly in the middle. Depending on whether the candlestick is green or red this will be the direction in which the further continuations move. __ As we can see now there are a lot of great patterns to be formed in modern markets and when done right they can be spotted and can provide the proper informational inputs for trading planning especially in combination with other technical analysis tools they can function exceptionally well and building a solid alternative for the other charting techniques, the success story tells itself as they have established well in the trading world. In trading these types of candlestick patterns it is necessary to recognize in which timeframe they form, as bigger timeframes can invalidate lower and in which trending constellation they are forming, therefore it is also good to look at previous candles and their patterns in the individual asset. __ In this manner, thank you everybody for watching, support the idea with a like and follow or comment, have a good day, and all the best to you! Information provided is only educational and should not be used to take action in the markets. __
BITSTAMP:BTCUSDEducation
by VincePrince
69
Excess Savings: Indication For Exceptional Inflation Expansion!Hi, Welcome to this analysis about the current and upcoming economical situation regarding the excess savings amassed in the corona crisis and the potential inflationary developments these can cause. There are also other factors that can accelerate inflation in the upcoming times especially with the ongoing central bank money press that shoot to astronomically high levels during the corona pandemic and the months after, still ongoing there is not an end in sight. Since the corona breakdown lows established the money stock increased more and more and caused an asset-price inflation in stocks, bonds and real estate as well. Taking the following factors into consideration the inflation can also increase seriously in consumer goods and real economy such as already seen in individual sectors such as the craft sector. Accumulated Excess Savings During The Corona Pandemic Crisis: As seen in the graphic the Excess Savings, the savings that households hold and do not spend immediately increased drastically during the corona pandemic as businesses shut down people hoarded the excess savings. According to Moody's Analytics, the Excess Savings in America grew to almost 2.6 Trillion US-Dollar, and around the world, people build up Excess Savings of 5.4 Trillion US-Dollar. These savings are waiting to be spent when the real economy shut-down-businesses widely open again. It is necessary to assume that these are historical high values never seen before which can cause similar inflation like in the 1940s or 1970s. Besides the high Excess Savings, the federal depth increased also substantially to similar levels like in the 1940s which served as one factor for the high inflation. High Demand And Low Supply As Production Decreased: As production during the corona pandemic crisis decreased and a vast majority of countries moved on to shut down businesses this caused a decrease in production and therefore in supply. On the other side the Excess Savings, as well as the printed central bank money, increased steeply. These developed conditions have a high tendency to lead to increased inflation as high demand meets the low supply moving the prices to the upside also shown through the output gap which experts expect to rose above the 2% level increasing the high-demand-to-low-supply dynamic. It is highly necessary to do not underestimate these dynamics and be prepared for such potential scenarios to do not get overwhelmed by circumstances when they happen. In this manner thank you, everybody, for watching the analysis, will be great when you support it, and all the best! Information provided is only educational and should not be used to take action in the market.
FRED:PSAVERT
by VincePrince
3
DOW JONES, Clean Breakout Of The Descending-Triangle!________________________________________________________________________________________________ Hi Traders, this is a signal I give to you for free today. The DOW INDEX has formed a clear triangle breakout with volatility and completed above the 400-EMA where entry with pull back is possible. ________________________________________________________________________________________________ ENTRY: 27800-27300 MINIMUM TARGET: 28500 STOP LOSS: 26300 MINIMUM RISK REWARD: 1 REASON: Descending-Triangle Breakout ________________________________________________________________________________________________ In this manner, thank you for watching and support for more market insight. Information provided is only educational and should not be used to take action in the markets. ________________________________________________________________________________________________
TVC:DJI
by VincePrince
2
GOLD, Final Triangle Confirmation Established In The Structure!Hi my friends, Welcome to this update-analysis where we are looking at GOLD 12-hour timeframe perspective, which has recently confirmed the triangle mentioned properly to the downside where it completed the wave-count in the right manner and showed up with high volatile movements, now as this major step has fulfilled GOLD has a huge potential to move on further bearish to the downside, in my chart you can see the bearish impulse to the downside already established once, now GOLD is about to form the next second major bearish impulse, the next times a pullback to the lower boundary can be expected which is actually a good entry point for short-position as it is marked in my chart, after this happened GOLD will show up with the next bearish legs to the downside. In this manner, thank you for watching, support for more market insight, good day to you, and all the best! “Trading effectively is about assessing possibilities, not certainties.” Information provided is only educational and should not be used to take action in the markets.
TVC:GOLD
by VincePrince
17
GOLD Is Testing The Verge, These Outcomes Possible!Hello Traders Investors And Community, Welcome to this update-analysis where we are looking at GOLD 12-hour timeframe perspective, which has shown some important signs the last times, as mentioned already previously it was more likely that GOLD bounced within its local range and tests the lower boundary of its triangle-formation anew, this is what happened now and besides that GOLD has some other meaningful factors on the bigger scale here, in this case, I detected the preliminary level and more likely outcomes the next times, what is important is that we keep cool and wait for the proper confirmations to show up in the schedule. Looking at my chart you can watch the triangle building here already detected on the smaller timeframes, now there is coming to the rising blue trendline into the surface which established since almost 186 days now and holding the trend marginally to the upside, besides that GOLD Is testing the 60-EMA in green and below it the 100-EMA in black, these levels of support will provide when they break to the downside protracted bearish pressure and it will be the confirmation of the triangle to the downside as it is seen in my chart, as GOLD is still on relatively high value and overbought on the higher timeframes the bearish declines may not be over yet and as GOLD did not manage solid bullish moves till yet the bearish case can be more expected with a possibility of 65 % on the other side the bullish case with a possibility of 35 %, what is really important here is to wait on confirmation then going into the direction and possibly open up a trade. The next times will show how GOLD develops here further and in which direction it will breakout, when considering the more likely bearish breakout GOLD has the potential to follow up with bearishness till the next blue trendline marked in my chart where recovery can take place, in this scenario the market has to be elevated anew and see how it is developing if there is coming more bearish pressure or a serious reversal and continuation to the upside, till then it will be interesting how the precious metal follows up with further. In this manner, thank you for watching, support for more market insight, good day to you, and all the best! “Good luck is when opportunity meets preparation.” Information provided is only educational and should not be used to take action in the markets.
TVC:GOLD
by VincePrince
5
USDJPY, Moving In Channel-Formation, These Outcomes To Consider!Hello Traders Investors And Community, Welcome to this analysis where we are looking at the USDJPY 4-hour timeframe perspective, the recent events, the current formational structure and what is likely to be expected the next times. Sine USDJPY established heavy bearishness to the downside it is an important question if this bearishness will go on further and when how long this will be or if USDJPY somewhat manages a reversal in the range to back up with bullishness again. As USDJPY is currently trading within the descending-channel-formation marked in blue a reversal can be expected sooner or later as such formations normally break to the upside when the trend does not increase in speed to the downside further. Looking at my chart you can watch also the wave-count USDJPY established here with the major wave D marked in blue currently forming in the structure, each major wave consists of the minor waves and so the wave D is forming like the past ones, this wave will directly move into strong resistance which the pair has with the upper falling resistance, the 200-EMA in red and therefore forming a coherent resistance cluster here which is firstly likely to confirm bearish to the downside, when this happens USDJPY will continue bearishly till there is substantial support found which can be in the blue back-up-cluster marked in my chart, when USDJPY bounces here the pair has the potential to move on and break out of the descending channel to the upside. In this manner, thank you for watching, support for more market insight, good day to you, and all the best! “There are many roads to prosperity but one must be taken.” Information provided is only educational and should not be used to take action in the markets.
by VincePrince
5
SPX500, Testing Next Levels, Why Not To Underestimate It! Hello Traders Investors And Community, Welcome to this analysis where we are looking at the SPX 4-hour timeframe perspective, the recent events, the current formational structure and what we can expect the next times, since the index provided like other major indices previously heavy bearish volatility we should not keep this by side and look what the market is doing now, it will be a precarious and crucial situation as the crisis is still not confirmedly over and the index is now trading below the pre-corona highs established this means the market has to stabilize any way and move together with real economy to get a healthy market environment at the end of the day, the established bearishness should not be underestimated in any case as could possibly also be fundamentally backed therefore I detected the important levels and possible outcomes we should consider on the technical side here. Looking at my chart you can watch there the SPX now trading below several major resistance levels which previously held as a support are now broken to the downside, this is firstly the 90-EMA marked in black, secondly the horizontal resistance in grey and the middle line of the current channel the index is trading in, this means the index has a serious resistance cluster here which has potential to be the origin of further declines when it is not taken out substantially. When the index does not manages to move above this cluster and close above it near the next times the next leg to the downside follows likely as it is marked in my chart, considering this the index has next support at the rising trendline of its previously established channel and below this at the 600-EMA in green where it can stabilize, however, these levels are critical when they do not hold substantially and the index falls below the red level marked in my chart at 2980 this will invalidate the major bullish count firstly and will result in protracted bearishness to the downside as more highs are firstly invalidated, therefore the index needs to stabilize before considering any new highs to be measured. In this manner, thank you for watching, support for more market insight, good day to you, and all the best! Science is organized knowledge. Wisdom is organized life. Information provided is only educational and should not be used to take action in the markets.
TVC:SPX
by VincePrince
2