In 2024, copper prices have exhibited notable fluctuations, driven by macroeconomic trends, industrial demand, and supply constraints. Key Fibonacci retracement levels have played a crucial role in shaping market movements. With the 0% level at $3.96, the 23.6% retracement at $4.11 acted as an initial support, while the 38.2% level at $4.225 provided stronger...
the VIX Shark is about to go through the roof, like seriously, it's set to soar by about 14.6! That's some crazy movement right there. I can already picture the market going wild with all that volatility. It's like the calm before the storm, you know? Better hold on tight and brace ourselves for some serious action. Who knows what's gonna happen next? It's...
The CAC 40, France's leading stock market index, has recently captured the attention of investors as it nears a significant milestone of 8160 points. According to technical analysis, the index might be on the verge of a notable downturn, potentially influenced by the bearish "Crab" harmonic pattern. This formation hints at the possibility of a sharp...
The Netflix stock exhibited robust growth in 2024, primarily driven by a surge in subscribers and expansion into new markets. However, a bearish Crab harmonic pattern has been identified on the chart, suggesting a potential significant price correction. The pattern indicates that the stock price might initiate a decline from the 1029 level. The XA, AB,...
Special harmonic pattern of oil prices and the rise in oil prices from $70.4 per barrel have been observed in the market. By understanding and utilizing harmonic patterns in the oil market, investors can potentially identify trading opportunities and manage risks effectively. The increase in oil prices from $70.4 per barrel signifies a shift in market...
Oh, look at Gold Butterfly thinking it's all that! But guess what, Gold Butterfly? Your golden days are numbered! You're about to start declining from your fancy Fibonacci level at 2812 bucks. Yeah, that's right, time to say goodbye to the high life and start melting down those gold bars. You thought you were so precious, but turns out you're just like...
The German stock index is inching closer to the 21800 euro level, hovering around the golden Fibonacci ratio without much hope for the future. It seems like it's in need of a deep rest due to the lack of clear financial and political policies. Time to kick back and relax, stock index! SEYED.
The harmonic pattern suggests a deep pullback in the London Stock Exchange index, with a potential drop from 8700 to the level of 8400. It looks like we might be in for a bit of a rough ride in the market. Keep an eye on your investments and be prepared for some fluctuations ahead. It's always good to stay informed and stay on top of the latest...
In the previous analysis, we predicted the natural gas price trends from 2022 to the end of 2024 using harmonic patterns, which turned out to be highly profitable . Now, in this idea, we aim to forecast the price movement for 2025 Based on the harmonic patterns, it seems likely that gas prices will rise and reach the golden level of the Butterfly pattern...
The stock trend of Amazon (AMZN) in 2024 showed significant upward movement, with the price reaching a peak of $230 and a low of $145 during the year, driven by strong market performance and investor confidence. However, In 2025 based on technical analysis, the formation of a Butterfly harmonic pattern suggests a highly probable correction toward the $190...
The US10Y refers to the 10-year Treasury bond yield, which is a key indicator of the overall health of the economy and is closely watched by investors. "Analyzing the US10Y trend, a bearish butterfly pattern has emerged at the 1.276 and 1.618 level, indicating a potential bullish trend in 2023. This pattern suggested a reversal in the current market...
the detail is shown in the above Idea. I made this Idea based on Candlestick Analysis and Harmonic pattern using Fibonacci tools in log mode. Possible Trend of TOTAL Possible Trend of TOTAL2 Possible Trend of BTC Possible Trend of ETH Good Luck
Understanding the Pullback of US30 Butterfly Pattern In the world of trading, understanding different chart patterns is crucial for making informed decisions. One such pattern is the butterfly pattern, which is currently evident in the US30 market. Traders have observed a pullback in the US30 butterfly pattern from level 1.276 to a lower level. This...
How to identify the Three Drives pattern? The three drives harmonic pattern is identified by various three higher highs or lower lows. They gather in a reversal of the existing trend. Every move lower or higher is quantified by using the Fibonacci extension and retracement levels of 61.8 and 127.2 percent. In some instances, the definition of the 3-drive...
the detail is shown in the above Idea. I made this Idea based on Candlestick Analysis and Harmonic pattern. We are still in a downtrend and probably we see a significant decline toward the Crab support line in the Next Weeks. GOOD Luck Idea number #103
Hi everyone! Here's a more concise version of the cattle price history: 1. 1960s and Earlier: Before the introduction of live cattle futures in 1964 by the Chicago Mercantile Exchange (CME), prices were influenced by local supply-demand conditions and seasonal factors. 2. 1970s: Prices rose due to inflation and higher feed costs, reaching around $50 per...
the detail is shown in the above Idea. I made this Idea based on Candlestick Analysis and Harmonic pattern. bear market turning into bull Market with GBP Crab. Bullish crab pattern It begins at point X and extends to point A. Point X may be anywhere on the price chart, but looking for a bull pattern under oversold circumstances is a smart practice. Wave...
In this idea, the trend of the dollar index in 2023 is shown. In 2022, due to the fall of the stock index of most industrialized countries, we saw the growth of the dollar index, and the final resistance line according to the Fibonacci tool set at the Fibonacci level of 1.41 and the index at 114. but after that, the dollar index began to fall, and this fall has...