What will happen to DOGS?As you know, there is not much data available from DOGS and it cannot be analyzed accurately, it is not clear how far the DOGS symbol will drop in terms of price, but DOGS can be analyzed in terms of time.
Before anything, pay attention to the time frame, the time frame is 1H.
When we put the red arrow on the chart, it seems that the DOGS bullish pattern has ended and the bearish pattern has begun.
A bullish pattern lasted for 5 days and 20 hours, and a bearish pattern is expected to take the same amount of time.
Until the date of the vertical line we have marked on the chart, the DOGS correction is expected to continue.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Neo Wave
LQTY ROADMAP (2D)Before anything, pay attention to the time frame, the time frame is big.
From where we put the red arrow on the chart, it looks like the LQTY correction has started.
This appears to be an ABC correction with a more complex pattern now that we are in wave C.
Wave C appears to be a diametric diamond. We are now in the middle of wave E of this diametric.
It can move from the red box to the green box.
We are looking for sell/short positions in the supply range.
We have such a view on LQTY.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
CFX ROADMAP (1D)From where we put the red arrow on the chart, it looks like CFX is forming a big triangle, and we are now in the middle of wave D of this triangle.
Wave D looks like a diamond diametric. It seems that we are in the middle of the F wave of this diametric.
It can move from the red box to the green box.
We are looking for sell/short positions in the supply range.
We are looking for buy/long positions in the green range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
RVN Looks BearishRVN appears to be within a large diametric. From where we put a red arrow on the chart, it looks like the G wave started from this diametric.
The G wave itself also looks like a diametric diamond, and now we seem to be in the middle of the G wave.
From the supply range, it can drop to the specified TPs on the chart.
We are looking for sell/short positions in the supply range.
The targets are marked on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
EURUSD ForecastingEUR/USD Forecasting: A Complex Task
EUR/USD forecasting is a challenging endeavor due to numerous factors influencing its price movement. These include:
Economic Indicators: GDP growth rates, inflation, unemployment rates, and interest rate decisions from the European Central Bank (ECB) and the Federal Reserve (Fed) significantly impact the exchange rate.
Geopolitical Events: Global conflicts, trade tensions, and political instability can cause sudden and substantial shifts in the EUR/USD.
Market Sentiment: Investor confidence, risk appetite, and speculative trading can drive short-term fluctuations.
While there's no foolproof method for predicting future EUR/USD prices, here are some approaches:
Fundamental Analysis
Economic Calendar: Monitor key economic releases from both the Eurozone and the United States.
Central Bank Policies: Analyze interest rate decisions and monetary policy statements.
Geopolitical Factors: Stay updated on global events that could affect the Euro or the Dollar.
Technical Analysis
Chart Patterns: Identify recurring patterns like head and shoulders, triangles, and double tops/bottoms.
Indicators: Use tools such as moving averages, Relative Strength Index (RSI), and Stochastic Oscillator to gauge momentum and overbought/oversold conditions.
Support and Resistance Levels: Pinpoint price levels where the market has historically turned around.
Quantitative Analysis
Statistical Models: Employ statistical methods like regression analysis and time series modeling to identify relationships between variables and predict future prices.
Machine Learning: Utilize algorithms to learn from historical data and make predictions.
Expert Opinions
Economists and Analysts: Follow the insights of experts in the field to gain valuable perspectives.
News and Market Commentary: Stay informed about current market trends and opinions.
Important Considerations:
No Guarantees: Even the most sophisticated forecasting methods cannot guarantee accurate predictions.
Risk Management: Implement risk management strategies to protect your capital.
Diversification: Consider diversifying your investments to reduce risk.
For real-time data and analysis, I recommend using financial platforms such as:
TradingView: Offers charts, indicators, and news.
Bloomberg Terminal: Provides comprehensive financial data and analysis.
Reuters: Offers news, market data, and analysis.
Would you like to explore any of these methods in more detail, or do you have a specific question about EUR/USD forecasting?