ETHUSD continues to rise. In the Ethereum movement, a rising wave sequence has formed, with the rising slope formed by two ATR axis channels. It is worth observing the lower yellow square, the corrective wave in it was formed on the retracement of the channel. This is noteworthy because currently the price movement is building a similar correctional fractal at the...
XAUUSD is expected to rise strongly. Traders who work with technical analysis, including wave analysis, are often faced with the difficulty of finding wave symmetry. After all, a wave movement must have a wave axis. Often this is not horizontal, since if a wave motion has an accelerating slope then the wave axis is also increasing steeply, usually using the slope...
EURUSD stable fall. The previous analyses followed the EURUSD movement exactly. As we still do not expect the external conditions that have caused the euro to weaken to change, we see no reason for a more sustained trend reversal. In previous analyses, I marked the 1.14492 level as the target price for short positions. It has now been reached. The current chart...
RHE another significant(1000%) pulse increase. The RHE chart is a strong momentum rising price movement. I have written about the reason for this several times. The fundamental reason is the price formation of the brokerage firms quoting it. The RHE is a typical "meme stock", so it is unnecessary to look for an economic or other fundamental reason behind the...
NOG correction over, rise could start. The financial situation of the company is stable. Its latest acquisition has already turned a profit. Their credit line has been successfully increased. Their debt payments should not be a problem in the coming years. The technical picture is similarly optimistic. It can be seen that the ATR axes that hold the rising wave...
GORO ahead of 120% rise. The financial and fundamental background of the Company is excellent. Its acquisition in the last quarter increases the future value of the company by nearly 10x. This is not reflected in the current share price, and therefore could have significant upside potential. The technical picture suggests a similar picture. I have plotted 3 ATR...
XAGUSD rise ahead.The current analysis strategy uses ATR axes. The idea is to calculate the daily ATR data during a particular wave phase, or extract it from some ATR-based indicator, and then link these data on the chart. It is very similar to traditional peak-to-valley techniques, but these techniques are more visual in nature, as there are no sideways prices....
PLG may start to rise. Briefly about the company. PLG is a Canadian mining company established primarily to extract palladium and platinum. You could say that we are talking about a company that is still in the start-up phase. In 2016, the company discovered one of the world's largest palladium deposits in Waterberg County, South Africa. They obtained a mining...
GOPRO is on the rise. The analysis shows that the correction range ended at the level of 8.48 usd. It can also be seen that yellow-green ATR axis was confirmed in yesterday's trading. Therefore, I expect a build-up of the predictive wave sequence highlighted in white to continue. Another support for my theory comes from the analysis of fractals. Here we can see...
My analysis remains valid. I have been trading on it for several weeks. On the chart you can see that the EURUSD pair is descending in a channel bounded by two ATR axes. As long as the grey ATR axis is not broken and crossed to the upside the Short trend is in effect. Target price : 1.14484
CLF correction completed. The analysis shows that the CLF movement has created a symmetric movement around the ATR axis. Consequently, the lower amplitude of the downward corrective wave may have reached its local minimum at the level of 22.17 usd. In other words, this is the level from which I expect a rise. Next target price : 32.51 usd
WTICOUSD continues to rise..........But not for long. The analysis shows that, like many instruments, WTI is poised for one last rise. In the short to medium term, further rises could stall. The top of the rising wave sequence that is now forming could be the resistance level of the upper ATR axis. This level is : 87.844 usd . The second part of the corrective...
SPX500 short correction may come. The analysis shows two orange squares. A corrective movement is forming within these squares. These correction wave sequences or in other words correction fractals are bounded by two ATR axes. I expect the current correction to last a few days with a range of 4652-4730 usd. After the correction is completed, a further rise may...
BTCUSD may rise further. Two orange squares are shown in the analysis. The correction wave sequences in the squares form fractals. Therefore, I assume that the second corrective fractal that is now forming may again develop into a rising wave sequence. This idea can be supported by the wave motion between the two white dashed lines. The two white lines are two ATR...
ACHBTC ahead of 440% rise. Alchemy Pay/Bitcoin is one of the hottest topics on social media. Those who follow the movement of penny stock stocks will discover many regularities in this crypto pair. This crypto pair moves with momentum, making extreme momentum moves, followed by longer corrections. Many penny stocks make similar moves, so it is useful to take some...
BTCUSD daytrade LONG. I will be looking at the possibility of intraday trading for the next two days. The chart shows two yellow lines. They are wave sections above a fractal type wave sequences. I base my observation on this. My current assumption is that a repeat of the uptrend phase could occur. In this case the target price is : 65418 usd
XAGUSD rise. The chart shows that silver could be on an upward path. I base this on the observation that the accumulation is generated around the weekly closing price. Similar to the previous week. This further suggests that it is creating a similar wave sequence as seen the previous week. In this case, a steady rise from this level is expected. With a target...
EURUSD continues to fall. My assumption is that the EURUSD will make a further downward move. The next target price : 1.14457 The orange dashed line in the analysis shows two auxiliary axes. The light yellow line is the closing price of EURUSD at the end of last year. The height of the green square is the distance between last year's high and the closing price. It...