meszaros

meszaros

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

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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

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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...

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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...

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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...

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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...

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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

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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...

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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...

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BITO short corrective rise begins. Target price : 41.84 usd. After that I expect a significant reversal. Let's start from the beginning. The orange lines mark ATR axes. More precisely, the starting points of the ATR axes, the places where the ATR values are zero. In technical terms, we can talk about accumulation if the distance between the initial value of the...

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PLG has reached the bottom. The chart shows that the fall in PLG shares has stopped. The fundamental background is that the construction of the mine in Waterberg County, South Africa, has temporarily stopped. In a South African court, civil groups have challenged the mine construction permit issued three months ago. PLG CEO Robert Jones has resigned after failing...

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Let's start at the beginning. What is a meme share ? The meme share phenomenon is caused by groups of people on social media who are constantly taking long positions to raise prices. Since they are not backed by mutual funds or individual large investors, the sudden rise is followed by a slow fall. The meme stock phenomenon is triggered by a combination of...

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XAUUSD could be on the rise. The chart shows that gold is moving in an accumulation range. The two edges of the accumulation range are marked by yellow squares. These are the "spike areas", which mean that price movement may reach these bands within a day, but prices may not close below them. These areas are characterized by being symmetrical to the average of the...

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LPTH 45% rise ahead. My assumption is that LPTH is in an accumulation range. Currently it has reached the bottom of the range. From this level a rise is expected. Target price : 2.96 usd

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EURUSD I hold a short position. There are no new developments compared to my previous EURUSD analysis. In my opinion, EURUSD could build a further downward wave sequence. This is supported by the fact that the current resistance level is the W1ATR50%. This is a very strong weekly resistance level. W1ATR means how far the price movement can go in a week based on...

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BTCUSD I hold a short position. My current post is a continuation of my previous analysis. In that analysis I explained why I closed the long position. I also explained why my trading direction changed in the longer term. I would like to note that I was and am always very optimistic about crypto currencies. Therefore, as always, I expect a further sustained rise...

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WTICOUSD may start to rise by 10%. WTI appears to be building a wider accumulation range. Apparently, the accumulation band is dominated by fractal theory rather than the usual regularities of accumulation bands. Therefore, I assume that the "accumulation fractal" shown in the figure is replicated. At present, I expect a rise again. Its target price : 74.52 usd

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GPRO is quietly preparing for a huge rise. I wouldn't have given much for Gopro shares 3 years ago, but apparently the complete restructuring of the commercial and corporate infrastructure, the rollout of cloud services, has worked out very well for Nick Woodman and his team. The WALL STREET view is that if a Tech company goes from 100 usd to 1.5 usd, it's over....