If this is in fact the short term bottom, the 1h chart price should break above the 1h support around the "1D support" level. However if the price continues below "1D support" a further drop may be likely.
The two signal points marked in the chart suggest the current drop still has some way to go until either a Cosmic BB SR support level is formed or the Cosmic Angle value approaches zero.
Although it is unclear from the chart points in which direction the price may move, the current proximity to a historical resistance level makes a short position with a small stop a good bet. The short target is set at the next major support level, the Cosmic Flow basis line.
The 3 indicators show a bearish reversal with the nearest support level and short target at 125.21.
Although the general momentum is now downwards, as outlined in the chart the 3 indicators give several bullish signs which can be taken into consideration in the short-term. The Cosmic Gravity basis line can be the next resistance target.
The points outlined in the chart give off a bearish vibe for MITSUBISHI HEAVY INDUSTRIES, at least until the next support level (dashed line).
The chart points paint a long-term bearish outlook but there are a few signals showing short-term bullish potential. Since the current momentum is bullish the next major level to pay attention to is the "top of the Cosmic Gravity inner channel", where the target is set. The stop is set above between the bottom of the inner channel and the basis line.
The indicators signal a bearish trend to come and the extrapolated plots hint at possible stop and target values.
The points in the chart show a bearish outlook for the US COMPOSITE INDEX. This trend may reverse if the price rises above the 1D Cosmic Gravity support channel.
2 major Cosmic Gravity resistance levels overlap on the 3h and 1h timeframes, suggesting that the current BTCUSD resistance lies around $17,800-$17,900.
Overall more bearish signals over 2 timeframes suggest a drop so the 1D target is set at the next major support. The indicators show that the price has consolidated and is slightly below the middle of the Cosmic Gravity channel - for this reason the stop is set only slightly above the basis line.
Even though this multi-timeframe analysis gives mixed signals, the areas of GBPUSD consolidation are accurately shown by the indicators. On each of the 3 timeframes the main level to watch is the Cosmic Gravity basis line - price crossing above it will be a bullish signal and vice-versa.
While the longer term USDTHB trend is bullish the indicators show insights that a short term drop is likely until at least the Cosmic Gravity inner channel.
The indicators denote a continuation of the downward trend for AUDJPY to where the 1D basis line meets the extrapolated 1H extreme S6 support.
The points in the charts see DXY at a critical point. The price can either reverse back up and test the top of the resistance channel (current target) or fall out of the resistance channel (current stop), in which case the next major support level would be the Cosmic Gravity basis line. To support these signals we used the JXY as reference and it does seem to...
We show where to set the target for the "strong buy" EURO CURRENCY INDEX. The indicators confirm the bullish outlook and approximate the target by extrapolating the Cosmic Gravity basis line. The stop ticks value is set at x1.5 ATR.
The points outlined in the chart suggest a bearish outcome over the next several candles. The target is approximated by extrapolating the Cosmic Gravity resistance channel bottom and the stop is set a its extrapolated top. However as stated in the chart's blue (bullish) bubble, if the price breaks above the resistance channel it will necessitate a reassessment...
Cosmic Gravity gave strong bearish signals on the 1W USDJPY and EURJPY charts. The indicators suggest a bearish move and the targets are approximated by extrapolating the USDJPY "R3 line" and EURJPY "R1 line" lines. While the prices may drop further, these are the closest support levels suggested by the indicators. Due to the strong bearish signals and lack of...