ProjectSyndicate

ProjectSyndicate

🔸Hello traders, let's review the 8hour price chart for LDO today. Sequence of cascading rejection as we are setting up for a deeper correction off the recent highs. 2.05 usd is weak support, since it was tested too many times. expecting support to break down soon. 🔸30% correction looming as bulls fail to reset a sequence of recent rejection and can't print a new...

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🔸Hello guys, today let's review daily chart for VIX . Entering re-accumulation stage now, expecting range bound trading during summer time season. Pretty wide range as well, lows near 13 and highs set at 20. 🔸Similar fractal observed during summer season in 2021. Faded into range after heavy spike, re-accumulation then 150% pump later during autumn...

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🔸Hello guys, let's review the 8 hour chart for NZDJPY today. Trading in well defined range since start of the 2023, currently re-accumulation in progress, expect more gains. 🔸The prior price fractal printed in summer 2022 is defined by points a/b/c/d/e/f, this is a price structure 90% identical to the current price fractal in progress on 8 hour...

ProjectSyndicate Updated 

🔸Hello guys, let's review the 8 hour chart for CADJPY today. We got clean swings recently and right now expecting new swing high based on the extension of the prior swing. 127 extension near 102.00 expecting a reversal / price will max out 🔸The recent swings in CADJPY are almost 500 pips wide, so this makes this pair great for position traders. Currently...

ProjectSyndicate

🔸Hello traders, today let's review the 1 hour chart for gold. Recently solid gains and we re-tested the ATH so expecting more gains in this market. Buy/hold is the best strategy. 🔸This is a setup based on repeat price fractal. On the right the a/b/c/d/e/f/g price fractal from March 2023. on the left the current price structure, expecting the price fractal to...

ProjectSyndicate

🔸Hello traders, let's review the daily price chart for SHIB today. We got strong ongoing accumulation in compressed range since april 2022. Trading in well defined range and chart looks good. Range highs set near 1612 and range lows set at 850. Compression into falling wedge in downtrend indicates reversal potential in this market. 🔸Expecting one final pullback...

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🔸Hello traders, let's review the 8 hour chart for EURGBP today. The active range is defined since January 2023, so we are still trading in this range 4 months later. Right now bid is near 8850 so we are closing in on range highs and therefore expecting risk/reward to shift in bears\ favor after we hit overhead resistance later this/next week. 🔸Range lows set...

ProjectSyndicate

🔸Hello guys, today let's review 8hour price chart for OPUSD. nice gains recently off the range lows, also trading near ATH, which is also bullish catalyst for future gains. Short-term more gains possible to re-test premium levels, however also expecting a pullback, since accumulation is not complete yet and we are not ready for take off. 🔸Active trading range is...

ProjectSyndicate

🔸Hello guys, let's review the daily price chart for BBIO today. Noteworthy compression in progress, and also a decent sequence of higher lows, therefore expecting more gains in BBIO. Short-term pullback into May/June, however should find support near 10 usd later. Currently trading at 15.85 usd. Open liquidity gap near 30 usd will be targeted by the...

ProjectSyndicate

🔸Hello traders, let's review the daily price chart for OMER today. We got strong ongoing accumulation in range since april 2022. Trading in well defined range and chart looks good. Range highs set near 5.8 usd and range lows set at 2.50 usd. Premium prices overhead at 7.50 usd and below at 1.80/2.00 usd. Currently trading near range highs, so naturally...

ProjectSyndicate

🔸speculative buy/hold setup for USDJPY bulls, compression. Recently rejection from overhead resistance at 133.55. Compression into triangle formation in progress now. 🔸Noteworthy sequence of higher lows at 130.25, 131.00 and expecting another higher low at 132.00 after pullback. 🔸Recommended strategy bulls: seek to buy/hold near 131.00 stop loss below latest...

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🔸Hello guys, this is 8 hour chart for SPX. Trading in well defined range since June 2022. This is an ongoing accumulation/distribution process. Currently risk/reward shifting in bears favor. Especially as we are closing in on the short sell in May and go away, I expect bears to take over. 🔸Active trading range is defined by range lows at 3700 and range highs at...

ProjectSyndicate Updated 

🔸Hello traders, today let's review daily price chart for XRPUSD. nice gains recently off the range lows, however currently price getting overextended and trading near range highs, so overall risk/reward is shifting in bears favor. 🔸Active trading range is defined by range lows at 35 cents and range highs at 52 cents. Premium prices at 30/33 cents and 55/60 cents...

ProjectSyndicate Updated 

🔸Hello guys, let's review the 8 hour chart for GBPJPY today. The active range is defined since April 2022, so we are still trading in this range 12 months fast forward. Currently risk/reward shifting in bears favor since we are closing in on range highs. 🔸Active trading range is defined by range lows at 157.80 and range highs at 167.20, so this is almost 1000...

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🔸Hello guys, this is 4 hour chart for nzdusd. Previously coming out of a strong downtrend but right now distribution in progress, bear flag setup. Heavy rejection from overhead resistance at 6340, and right now all rips/rallies get sold 🔸Risk/reward is shifting in bears favor as the pattern is nearing it's completion. Expecting all rips/rallies to get sold in...

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🔸Hello traders, today let's review daily price chart for spot silver. Currently bull run in progress. V-shape recovery off the strong base near 19 usd, expecting more short-term gains until we hit resistance overhead near 28.40 usd. dips/pullbacks can be accumulated for TP at 28.40 🔸Silver prices slowly catching up with gold. I expect price to hit 28.40 sometime...

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🔸Hello traders, today let's review the daily price chart for DOGE , recently nice pump was generated by the elon musk's zombies, and therefore DOGE popped hard off the lows. 🔸This market structure in progress resembles XABCD pattern setup, bearish once it's completed at point D, so limited upside beyond 10/11 cents. Also most rips/rallies get sold in doge...

ProjectSyndicate

🔸Hello guys, today let's review 3 hour price chart for DJI . Speculative Inverse H*S setup in progress. This pattern was recently covered in the reversal technical patterns overview, details see below. 🔸Strong V-shape recovery in progress should complete later near neckline at 34 230. Then we should get a decent pullback to form the RS of the IHS pattern...