ProjectSyndicate

ProjectSyndicate

Hello traders, today let's review VIX 8hour and daily chart . Is it possible that another 150% burst is in the making now? Entirely plausible, in fact based on advanced XABCD setup the current pullback/correction might be over near 15/16.00 later in April. Based on time/price symmetry point C of the XABCD pattern structure might come in at 15/16.00 sometime in...

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Hey guys, here's an advanced setup in eurjpy 8h. xabcd with x/a/b/c already complete, will be targeting point d at 133.30. recommended strategy is to short sell rips/rallies, bears will target re-test of 133.30 to complete the xabcd pattern setup. Here's the overview of the structure: x at 136.00, a at 146.50, b at 138.25, c at 144.40 and point d at...

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eurjpy 4hour chart review/outlook. we got heavy rejection from key overhead s/r resistance zone at 145.00 so bears taking over from here. expecting mid-term losses and bears will target re-tests of mirror s/r zones at 140.30 and 138.50. conservative tp bears is +200 (tp1) and +400 (tp2) pips. 🎁Please hit the like button and 🎁Leave a comment to support our...

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Hello traders, hope you didn't get caught up in this mess recently. Let's review the bitcoin daily chart, so we zoom out to get a better perspective on the price action. We are still stuck trading in major range, range bound since July 2022. Right now trading near range highs close to 25 000 USD, and it's not a great spot to go long, because most likely you are...

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UKOIL 8hour chart review/outlook. Broke key s/r recently so expecting weakness next 4-8 weeks. Previously compression intro triangle pattern and sequence of higher lows was invalidated recently with break of 83.50 USD. sequence of higher lows at 76.50 and 79.85, but broke down with recent sell side pressure mounting due to US banking crisis. Based on measured move...

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Hey guys so this is a noteworthy price fractal in APEUSD daily. This is a pump and dump fractal, A/B/C/D/E. 150%/200% pump followed by 50% dump/correction. Right now we are in the correction mode, based on projection from recent swings the low of the correction should come up near 2.20-2.40 USD. and then should be followed by another 150-200% gains. Right now I...

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Hey guys so let's check out the 4hour chart for EURGBP today. currently locked inside trading range. Balanced market and this is a low risk setup for the bulls to buy low near premium prices, once the pullback is complete. Range is defined by range highs at 8910 and range lows at 8780. Premium prices below 8720 and 8750. Premium prices above 8940 and...

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btcusd daily chart review/update. the SVB contagion spreading fast resulting in new massive wave of liquidations of leveraged position in crypto. 400 mln USD + liquidated last 24 hours due to the latest sell off in crypto space, as the stablecoins, including USDC and DAI are depegging from USD. Bitcoin already lost 50%+ of the 2023 gains and is off to a bad...

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Hey guys, Silicon Valley Bank contagion is spreading fast, this resulted in heavy depegs of USDC , DAI, FRAX. 10%-20% losses currently rebound in progress, but not sure that the worst is over yet. USDC holds a circulating supply of around 40 .9 billion while its market cap declined to stand at $35.4 billion. The deficit between the dollar pegged value and current...

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gbpaud 8hour chart review/outlook. V-shape recovery currently in progress and bulls maintain short-term control. logical final TP bulls is 8220/8250 so scoop up any dips/pullbacks near market price now. Bulls maintain control until 8220/50 S/R. Bears should wait for price to max out later near 8220/8250 and be ready to short from overhead once price gets...

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gbpjpy 4hour chart review. currently trading in well defined range expecting more gains short-term. range is defined by range lows at 158.75 and range highs at 165.60. premium prices at 168.20/170.00 and 156.50/154.50. Bulls maintain short-term advantage since reversal off premium prices. however, bears will take over from overhead, so look to short sell near...

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Hello traders, today let's review euraud 8hour chart. currently bullish impulse in progress, expecting bulls to max out near 1.27/1.44 extension at 6250. speculative h*s structure in progress, reversal from overhead resistance so bears should be looking to short near 6250 using SL 50. Bears will target re-test of the neckline of the structure at 5350. strong...

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This is daily chart for GBPNZD, speculative H*S setup in progress. Left/Right at 9550/9600. head at 9850. neckline at 8850. bears will be targeting re-test of 8500 after the pattern is completed and we break down below neckline. Recommended strategy in this market: short sell rips/rallies near right (9550/9600). initial TP bears is re-test of neckline at...

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Hello traders, today let's review the updated outlook for XRPUSD, this is 8hour chart. noteworthy compression in progress, recently we had a stops sweep over higher high at 42 cents, which resulted in the new wave of liquidations. The bullish structure resembles the expanding triangle setup, expecting bear trap and stop sweeps below recent lower low, which was...

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eurcad 2hour chart review/outlook. H*S structure in progress, expecting final pump before reversal bears will take over from overhead resistance near 4520. 4520 is strong S/R mirror resistance, expect dump from here. previously eurcad bounced off the double bottom formation near 4260, right now almost maxed out and so be ready for trend change near 4520....

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usdchf 4hour chart review/outlook. getting overbought after as trong bounce off the lows near 9150. heavy resistance overhead near 9450 risk/reward shifting in bears favor. recommend to short/hold from resistance initial TP is 9350 final TP is 9290. noteworthy swing trade setup with low risk, expecting a normal 50% pullback in this market. 🎁Please hit the like...

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speculative xabcd setup advanced entry bulls near point C. currently pullback in progress, expecting a higher low print near point C, which is 0575. Bulls should stay out until we print a higher low at C. reload Bulls is point C of the XABCD, this is advanced entry strategy so use a tight SL. TP bulls / final TP is point D at 0750 +150 pips. short-term swing trade...

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Hey traders, let's review the latest 2 hour gold price chart. Price under sell side pressure recently, expecting mirror price fractal to roll out next few weeks, ultimately we are targeting 1785 USD on the downside. Recommend to short sell rips / rallies near 1840/1850 USD final TP bears is 1785 USD. Similar price fractal in gold in December 2022, this is...