Im not 100% sure here , maybe 60%.Im looking at a good drop on nasdaq , it may be a compression, making a continuation flag for bulls, or it can give us 3 waves pullback as labeled on this chart.
one here, looking to buy and hold for longnrun, this may be against my overall NASDAQ hart but if you look at S&P500 Chart its in line with those wave analysis there and looking to hold thus for longer to buy
On a closer look, I am still with the sellers here because it also may be forming a Cup and Holder pattern, that would mean this will consolidate as it forms the holder then break bullish. However, I do have an eye open, especially about the Daily chart posted before this.
Okay, I might be fishing here but hear me out, that QML seems to be a strong seller zone as well, so we can definitely take the sell cmp with this R/R ratio as on this post, keep scalping it until we get to the target. WHat do you say/see?
Here we go again, another neutral long term or long timeframe analysis. I think this is how this is playing by Elliot Wave Principle, we currently unfolding wave "c" which is the leg 4 of the bigger impulsive wave. This then gives us the reason to sell as seen on the chart, then I think it will get to leg 4 and go up to 5 in one take since wave 3 is already a...
My views on GOLD-XAUUSD, Currently the market is compressing within the 2020 High and Low, so the market just broke out that bullish run but the re-test seems not yet complete. However, that doesn't stop us from trying to predict the next move, that's what's exciting about this right!? So if we sell, we sell as per my set short position on this chart/post, the...
Looking to sell the NAS on the 45 Minutes timeframe, currently I believe its unfolding the last arm to complete the head and shoulders pattern, whilst we have a fairly promising target set using the gap. Although the neckline is rather a solid point/area, but I believe there may be consolidation before it breaks out.
I havent viewed this pair in ages, here we go. I did first small timeframe analysis, my strength is with RSI so I got that, helped me confirm the impulsive wave and now we looking for selling target but from Daily this looks so mature to sell for a long run.
Looking mature enough to sell the nasdaq with a rather open target, strict on the risk reward ratio and keep scalping if you trading it
I may/might be too soon with this one, but I have two views just for you to also think and make your own decision. So, A) I believe what we just got with the rally is a breakout and a retest, hence the breakout of the bulls' continuation flag. So, with that, I'm more on the buyer's side. However, if you look at my yellows, you see that the continuation is also...
Looking bullish for a rather long run with the USDZAR.
Based on the RSI Divergence, we are selling and Elliot Wave principle.
Please check out the big timeframe i.e 12 months and see how this market looks, its very strongly bearish, or rather with technical analysis it looks like its still going to be bearish for a long time so no rush, there will be more selling opportunities than we thought. Just wait for resistances breaks and get on the sellers with a tight stop loss because the...
US30 looking bullish, we looking at bulls coming up as an expansion of the bullish after the correction wave. You can relabel this to ABCs, but its just after the correction where I also foresee the Elliot wave 5 count.
Looking at the recent bullish breakout, we are clearly heading to more bulls on the NAS market. Once we break the level 11970 we are safe to go bullish towards the recent supply zones, note theres two targets in this analysis.
Okay here I feel quite positive about this analysis, for a number of reasons; We have the RSI Divergence here on waves 3 and 5, which is one of my favourite indicators especially for the buyers. Now we also have on the RSI, the blue line at 50.00 , that is also one of my demand zone / level signals. Whilst on the chart, the RSI says we just got out of a good...
Herewith the USDCAD I foresee a possible sell week this coming week, however I cant be specific with times yet, not that professional yet with this. Now youll notice "PHL"(possible higher low) which is also a strong magnetic point for the buyers to come in.
Looking bullish on the Nasdaq, lookout for more buy entries if you agree with my analysis. This is based on tredline analysis(support and resistance).