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EUR/USD Daily Chart Analysis For Week of June 16, 2023Technical Analysis and Outlook: The euro-dollar price movement followed our projections as stated on Daily Chart Analysis For the Week of June 9 - the price action hit our initial upside target of Mean Res 1.082 and beyond by completing our Inner Currency Rally 1.096. The unconfirmed pivotal down move is in progress, with the mark aimed to mean Sup 1.080. Trade Selecter will closely monitor any updates and share any valid confirmation with you.  (Please note that there will be no Daily Chart Analysis for the week of June 23. The next update will be on June 30) . 
by TradeSelecter
Bitcoin(BTC/USD) Daily Chart Analysis For Week of June 16, 2023Technical Analysis and Outlook: The coin has invalidated our completed Inner Coin Dip 25800 and Mean Sup 25700. Doing so opened the down trading area envelope to Outer Coin Dip 23950. However, a reignited rally might take us to Mean Res 27300 and Mean Res 28250, respectively. Trade Selecter will closely monitor any updates and share any valid confirmation with you. (Please note that there will be no Daily Chart Analysis for the week of June 23. The next update will be on June 30) .
BITSTAMP:BTCUSD
by TradeSelecter
EUR/USD Daily Chart Analysis For Week of June 9, 2023Technical Analysis and Outlook: The euro-dollar price movement followed our projections as stated on Daily Chart Analysis For the Week of June 2 - the price action hit our initial upside target of Mean Res 1.076. The continuation of the pivotal rebound is expected to push to Mean Res 1.082 this week, following through the pivot move that will take us to Mean Sup 1.068 and possibly two extensions to fulfill our target next Inner Currency Dip 1.047 ultimately. Viewing the Pivotal Down Move prediction is based on the current price action, notwithstanding confirmation from the Trade Selector that will be given before implementing any strategies.
by TradeSelecter
Bitcoin(BTC/USD) Daily Chart Analysis For Week of June 9, 2023Technical Analysis and Outlook: The coin has reached the Retest Dip price furiously banging on our completed Inner Coin Dip of $25,800 and Mean Sup $25,700 with follow-up today (Sat., June 10). However, we anticipate a significant shift in the market with the Restart of the Pivotal Rally, which could lead to a return to the mean Res $27,300 or even Mean Res $28,250. In the event of failure, the Continuation of the Down Trend will target our Outer Coin Dip of $23,950.Viewing the Pivotal rally prediction is based on the current price action, notwithstanding confirmation from the Trade Selector that will be given before implementing any strategies.
BITSTAMP:BTCUSD
by TradeSelecter
CADJPY Trend Change, GBPUSD downside continuesToday, we are focusing on the CADJPY chart as we observe the final stages of the wavestructure. The recent pullback from the previous momentum high (3) has formed a significant pattern known as the structural failure, indicating a potential shift in the trend. Considering our trading rules, we have patiently awaited the completion of the wavestructure (5). Now, we have identified a sell pattern known as the Market Structure High, characterized by a formation of three candlesticks at point (5). Shifting our attention to the GBPUSD, we can see that it is currently experiencing a downtrend, with the price trading below the Momentum low (5). No trend changing pattern has emerged yet, suggesting that we should anticipate further downside movement in the cable. Enjoy trading!
Short
by Charts247TradingAcademy
S&P 500 Daily Chart Analysis For Week of June 2, 2023Technical Analysis and Outlook: The curtailed by US holiday trading week did not surprise us; see Daily Chart Analysis For the Week of May 26. On Tuesday, after hitting our initial target Outer Index Rally 4230 and weeding out the weak longs a day later, the swift rebound on Thursday retested the 4230 again, followed up on Friday by completing our second target of extended Outer Index Rally 4285. The next upside target is major Key Res 4330 and, down the road, extended Outer Index Rally 4412. The pivotal 4230, as tooted a few weeks ago, was ultimately canceled due to price action turning south prematurely on Friday, May 19, and not confirmed by Trade Selecter's targeted movement. On the downside, the price action might take us to Mean Sup 4180; however, the upswing to Key Res 4330, within the highest probability, will emerge first.
SP:SPX
by TradeSelecter
4
EUR/USD Daily Chart Analysis For Week of June 2, 2023Technical Analysis and Outlook: In our Daily Chart Analysis for the Week of May 26, the euro-dollar price movement followed our projections perfectly. On May 31, the price hit our initial down target of Inner Currency Dip 1.064, followed by a dead cat bounces to our Mean Res 1.075 target last Friday. The retest of the completed Inner Currency Dip 1.064 is in progress, with the strong possibility of falling further to Mean Sup 1.054.
by TradeSelecter
EUR/USD Daily Chart Analysis For Week of May 26, 2023Technical Analysis and Outlook: This week's eurodollar price action was lower, and the current trading pattern suggests the designated target of the Inner Currency Dip is 1.064 in the making, as indicated in last week's daily chart analysis, with the possibility of falling further to Mean Sup 1.054. We also anticipate a quick rebound to Mean Res 1.075 with the potential to reach Mean Res 1.082 upon completion of its main target.
by TradeSelecter
Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 19, 2023Technical Analysis and Outlook: Throughout the week, the coin's prices remained relatively stable, fluctuating between the Completed Inner Coin Dip of $25,800 and the Mean Res of $27,650. However, the emergence of a new, less significant Mean Sup of $26,750 indicates the possibility of a drop in price to the Inner Coin Dip of $25,800 or even lower to the Outer Coin Dip of $23,950. Conversely, there is currently no indication of an increase in price action to and beyond the Mean Res of $27,650 and $28,250.
BITSTAMP:BTCUSD
by TradeSelecter
Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 5, 2023Technical Analysis and Outlook: Throughout the week, the coin remained steady between our Mean Res $30,500, Intermediate Coin Rally of the same, and Mean Sup $27,000. It established a new soft Mean Res at $29,500 and a strong Mean Sup at $28,000, which most likely will be retested. This price action indicates that there will be robust progress in reaching the Next Outer Coin Rally point of $31,700 and, ultimately the Main Outer Coin Rally at $34,000.
BITSTAMP:BTCUSD
by TradeSelecter
S&P 500 Daily Chart Analysis For Week of April 21, 2023Technical Analysis and Outlook The Spooz, in choppy trading this week, managed to advance to near our Key Res 4180 by creating weak Mean Res 4156. A pullback to Mean Sup 4090 is possible before reigniting the rally to Mean Res 4156 and Key Res 4180 and rallying substantially to Outer Index Rally 4230 as specified in the Daily Chart Analysis For the Week since February 3. The Outer Index Rally 4230 completion will trigger a pivotal pullback to inverted Key Res 4180.
SP:SPX
by TradeSelecter
2