NikolayPetrov_

NikolayPetrov_

I expect this cycle to surprise most of the market participants, as they expect the usual 4 year cycle, but since the big boys are here I think they will be in for a surprise of a life time. My arguments for the Bull cycle ending in December are that most of the bullish catalysts for crypto have already happened or will happen by the end of Q4 2024 : 1. BTC ETF's...

NikolayPetrov_

I think the chart speaks for itself , no need for any brief explenations All the Best

NikolayPetrov_

Everything is described in the chart , based on waves and technical analaysis. We will be looking to get into LONG positions anywhere in the price range of (28.50) - (31-50) Targeting the previous HIGHS of 64.50 and 70$ region

NikolayPetrov_

With everything taken into consideration : 1. Highly leveraged debt by UK companies - which seems unlikely to be repaid , with the minimal cashflows at the moment 2. COVID19 lockdown removal will not play as optimistically as MPs expected to play 3. the new 14day lockdown will also add to the stress that the UK Economy is dealing with 4. Protests which...

NikolayPetrov_

EUR/USD is at a point of either Make or Break , with more things pointing to the latter . Things are looking very dark for the Euro at the moment with problems right and left (Italy , France , Spain and Greece coming out at one point wanting more Debt to GDP which will hardly be granted by EU ) and pressure within it's core driven by Germany questioning the ECB ,...

NikolayPetrov_

Personally if I see BTC monthly candle closing below 7000$ The 2000$ price is quite likely getting hit forming a LL Many people express their hopes for bullish runs But PEOPLE need to understand that : LISTEN TO WHAT THE MARKET IS SAYING , NOT WHAT YOU WANT IT TO DO If you follow basic Technical Analysis then idk how you are bullish at this point and you...

NikolayPetrov_ Updated 

Outlook for the Overextended SP500 that has been begging for a correction for a long time now 1555 is a potential zone where price might pause , before either bouncing / consolidating Or just smashing through and destroying the Financial System as we know it But keep in mind - In order to build something NEW , we have to DESTROY THE OLD So maybe all of this...

NikolayPetrov_ Updated 

Make or Break point for UK will be in the designated zone As I like saying in order to Build something new first , we have to destroy the previous one Maybe it's for the better (doubt)

NikolayPetrov_ Updated 

Dow Jones is headed for it's 2007-2009 zones with bigger power than last time Hence why I think 4000 might be the pottential stopping point for price

NikolayPetrov_ Updated 

Risky assets will keep getting dumped , but unitl one point XRP heading to the 0.05 zone but then AD ASTRA

NikolayPetrov_

After finishing the ABC correction at aroun the 1.1000 zone EURUSD will start a new leg to the downside , POTENTIALLY forming a new LL and resuming its downtrend Always keep in mind that when a market makes a big move to either side , it always needs a healthy correction , before continuing the move Instagram : nikolaypetrov17

NikolayPetrov_

If price breaksout of the 0.300 zone and closes above on Daily and Weekly , price will give me constructive signs Await for a re-test of the 0.3000 zone and my next target will be 0.5000

NikolayPetrov_

Potential Forming of WAVE C , after wave B finishing on a Fibonacci Retracement Expected duration till 1.13000 is Hit will be roughly 18 Days , after Order being oppened

NikolayPetrov_

EUR/USD bulls are loosing power and momentum , from the technical analysis I have applied, seeing a potential chart pattern of the triple top being formed 1.17200 - 1.17000 looks like a very good entry point for Bears with Take profits being at TP1 1.16500 / TP2 - 1.16200 and the best case scenario more of a long term potential Take Profit being at 1.15400...

NikolayPetrov_

Looking at the chart after a week with a lot of movement to the up and downside as well , from the Technical Analysis I did , I can see that EUR/USD is going to retest the new trendline and support at 1.16150 and if the 4HR and 1D candles don't close below this support level it will , turn to the upside and potentially test the 1.17100 or 1.17250 region

NikolayPetrov_

After seeing EUR/USD having a bearish couple of months and having strong momentum ,breaking a crucial and psychological support , My forecast is that the movement will continue to the market Weekly Support and inevitably hit the Monthly support , Eurozone is going to feel pressure from the situation which occurred with the Turkish Lira and Trump doubling the...

NikolayPetrov_

Psychological 1.2400 region , which is monthly resistance as well , still holding pretty good and still not broken , due to the weekly News release USD gained some momentum but now is on the track to reverse to the 1.2330 zone which is a strong demand zone , from the 1.2330 zone it will either rocket above to 1.2400 or pull back to 1.2300 , so best possibility for...

NikolayPetrov_

Short sell opportunity after bullish pullback , Monday EUR news are looking quite Bearish so I am expecting a Short SELL opportunity