Hello all, Price is unable to break through the Fibonacci retracement 61,8% of the previous bullish segment. Also in the section of the short correction the price fails in projection. Lastly, there is a strong bullish volume turn (upper indicator - green line). On the other hand, in the indicator below, strong hands (blue line) have just positioned themselves...
Hello all, Possible bearish segment in the future of gold after losing the accumulation zone. Also, as always, we have confirmation of strong short volume. First target zone could be the Fibonacci entrancement (38.2%) of the previous bullish segment. How second goal could be the Fibonacci 50%. Everything will be depend of the strong of short volume (upper...
Hello all, After spending the whole summer in the Fibonacci 61.8% zone of of the previous short segment (Red Fibonacci Retracement) and most Important, we also have confirmation of the strong short volume in daily candles (Upper Indicator). The future of the Euro Dollar seems that you have a good chance of looking for a correction to the Fibonacci 38.2%...
Hello all, After 10 days of accumulation with more accumulation of long strong hands each day. Bitcoin could be positioning. Bitcoin could have ended the correction of the previous segment as it made a bullish break out of the accumulation zone two days ago. Also, the Konkorde indicator (Below) has made a bullish turn above its average, and the strong and weak...
Hello friends !!! The price and the indicators seem to tell us that the correction of the previous upward trend is over. This is a not very pronounced and simple correction. We can identify that the correction may have ended because: The price has stopped at the fibonacci average of 61.8% for several sessions, without closing the price below the average. The...