Have we not prophetized in your name? why you have so little faith my dear son? is it because of the time being long or you no longer believe? Remember that patience obtain all things. Chart speaks. We shall monitor lower Time Frames
We can find a bearish harmonic bat pattern on USDJPY on the daily timeframe with lower timeframe crab pattern as well. further analysis will be done from this area identified. as this is against high timeframe trend, it is important to trade with care
Weak Yen is hurting the Japanese economy with increase foreign demand and import to Japan became more expensive, look at the below announcements JAPAN TOP CURRENCY DIPLOMAT KANDA: AGREED AT MEETING ON NEED TO WATCH MARKETS WITH STRONG SENSE OF URGENCY JAPAN'S KANDA: RECENTLY SEEING SPECULATIVE, ONE-SIDED RAPID YEN MOVES JAPAN'S KANDA: RECENT YEN FALLS CANNOT BE...
Even though we are seeing that the dollar index is falling to around 109, it is still not violating any previous low, which mean the correction now the index is making in lower timeframe is called complex correction (will be discussed below). The US are increasing the interest rate making investors move their money from higher risk assets to lower risk assets...
1- Correction in 61.8% 2- Harmonic but not perfect book pattern 3- SFP + create a recent lower low Trade with care.
What we have: 1- Swing Failure pattern 2- Big ABC corrective waves 3- Harmonic AB=CD 4- Near Major Tops 5- Supportive Elliott Waves EURJPY .
we watch from here. We have harmonic deep crab, descending wedge and SFPattern
It have been months since I have posted an update in TradingView, today I will be discussing 101 of macroeconomics which will help to understand the relationship between Monetary Policy, Cashflow and inflation without making it super complicated. 1- Cashflow: Big money flow which interest go, as simple and as complicated as it seems. Instead of looking at...
Demand on oil will remain unchanged during year 2022 as economies recover from COVID-19 pandemic, prices will rise up as economies try to push above 2019 numbers. But this rise in prices will be managed by supply distributions as long term high oil prices harm production prices and a lot of economies, supply will increase to stabilize prices. Chart say supply...
There is a possibility for a correction on the dollar index, a butterfly harmonic pattern and a CP supply untested supply zone. we will look for price action in these two upcoming weeks.
Technical Simple overview: It is well known among professionals that moving average 200 is one of bear market indicators as when the market is below it, the market considered in a bear market and when the market is moving above it, it will be considered as bull market. From chart perspective, we can see that the market can deviate from the moving average when...
LMND is at a very attractive price, it is a great idea to put it in the long term investment basket. Below we are going to discuss Fundamental analysis as technical prices can be shown on the chart. LMND management and board: 1- Founder and CEO: Daniel Schreiber From His Linkedin page we can see that he served in the following companies and positions before...
Weekly supply zone Two harmonic Patterns Diversification Chart pattern Waiting: Strong bearish candle to break below the chart pattern Prices to look at 148 145 143
We can find a supply zone where the market fall and took multiple years for the market to develop afterward. Now the market completed Harmonic Gartley Pattern with showing HSI divergence and the HSI went out of the extreme area giving an indication of a reversal. This is a long timeframe which means reversal takes time + economical factors which will develop...
$PATH I think this is a great business that can potentially double or triple over the next few years. UiPath is a company that provide RPA SaaS tools that help. Lets Analyse the company slowly: Business Model , what they are all about: - RPA mean Robotic Process Automation ; this is a software system that emulate human action repetitive tasks, software robots...
NASDAQ:UPST This is a long term investment and not a trade, I am looking to hold this company stock the long term (more than 3 years). And before presenting my fundamental analysis, A good price entry point is my concern, All analysis discussed in order below: Fundamental analysis: Founders background check: - Founder's objective and CEO management is the...