The exchange rate begins on a M15 wave axis to start an inverse fractal structure. The target price of the exchange rate is 4.45 usd. Although we are not able to analyze stock at such a short time, this movement can be the beginning of a major upward movement.
The exchange rate continues to run as an elementary course. We are still on the rise. The current correction wave started with 0.3 usd higher. As the size of the correction wave still remains unchanged, we expect the bottom of the correction to be 4.13 usd. We expect a further increase from this level. The next rising wave structure may be 5.2 usd.
The exchange rate could successfully complete wave motion and transform into a fractal structure. Why is it important ? Because fractal structures are capable of moving longer and faster. Fractals can move up to 1,2,4,8 in geometric sequences, but may also move in the Fibonacci sequence. They are characterized by strong dynamic acceleration. However, with wave...
According to my previous analysis, the exchange rate now moves from a wave motion to a fractal movement structure. With a small ATR, technically, we can see a rather uncertain process. If the buyers suddenly run out, all the conditions gave a significant drop. This fall could amount to 2.62 usd close-ups. There may be a D1 ATR axis line. But there is no reason to...
Better yet. Today, the exchange rate apparently stepped out of the rising wave structure and began to build a double-sized fractal. If this continues, the bad news is that the current correction may last up to 2.60 usd. The good news is that even a 2-4-8 fractal can be formed, which can have extremely high target prices. From today's level to unbelievable...
The exchange rate entered a larger-moving ATR area. Although it does not show up on daily trade data, it will slowly grow. One more important thing is the exchange rate movement. This is the FRACTAL WAVE structure. The lines of this line are indicated by two yellow rectangles. If the strategy is correct, an additional 90-100% increase is expected from this level....
Growing FRACTAL wave structure.With the NOG exchange rate, a rising three-wave wave structure is emerging again. This wave structure differs from many of the triple waves in that it may be different from the fractal wave group. If the theory is correct, the wave structure of the exchange rate may be prolonged as it rises. Its shape follows the structure of the...
The NOG's price correction moves. I do not expect a bigger drop, but there is no sign of any sign that this would be the case. But the word "sure" here does not exist. Therefore, according to our assumption, the downward movement of the exchange rate may stop at around US $ 3.34. Then I expect a formative wave motion. Initially, smaller ATR, lower elevation. By...
NOG rising trend. We are in the last impulse wave of the Elliot wave structure. For the rise of 4.89 usd. Again, I expect a correction wave structure at that level.
NOG share prices offer a good opportunity for a long entry. The exchange rate correction level is 1.2 usd. We do not expect a decrease below this level. If we launch a long position from the current level, it is worth 4.45 usd.
Going to see some more sideways action for at least 7 more days before eventually running up. I'm holding, +70% gain so far.
NOG before breakout. The exchange rate has so far increased by 171% over two months. This is almost comparable with the rise of Bitcoin. Despite the big increase, I expect more movement in the exchange rate. The next wave may be similar in size and slope with the movement so far. The correction level is 2.96 usd which can stop the exchange rate for a little while....
NOG is a "bitcoin of shares" with an extraordinary growth potential, the exchange rate started, with a 70% profit in 3 weeks, and its starting daily ATR of 0.13 usd did not get that low value for a while. you need to increase it now, so you have to make a correction at this time.In the correction of the correction, you have increased the average movement to 0.35...
NOG has broken the downtrend with a strong impulse. Looking to the price action for a potential pullback to the breakout level.
NOG is in a strong downtrend, trading in a big falling wedge. Pay attention to the price action for a potential breakout to the upside. Target 1 and target 2 on chart.