shakatrade1_618

shakatrade1_618

🧩 On the weekly and monthly timeframes, the structure of CAPITALCOM:USDJPY FX:USDJPY OANDA:USDJPY FOREXCOM:USDJPY FX_IDC:USDJPY remains highly ambiguous. The key question now is: are we on the verge of a long-term trend reversal and the beginning of yen appreciation, or is this just another phase in an ongoing uptrend? 📌 Why it matters: The...

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📉 FX_IDC:EURUSD Forecast — Final Growth Phase Within a Corrective Structure 🌍 Macro View (Weekly Chart): FX:EURUSD remains in a long-term corrective structure that has been developing since 2008. The sequence of zigzags and connecting waves suggests a W–X–Y pattern, where the current upward leg is part of wave (B) before a potential final drop into wave...

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🧩 Gold is trading at all-time highs, and the key question is: where's the top? In this post, I present a complete picture: from the long-term supercycle to the current structure on the hourly chart, plus a full set of macro and fundamental arguments in favor of continued growth. 1. Grand Supercycle & Supercycle I'm using the Gold Futures COMEX:GC1! chart...

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🛢 Brent ICEEUR:BRN1! TVC:UKOIL FX:UKOIL has been correcting for nearly two years since its 2022 high — but looking at the current wave structure, we may be approaching the end of this cycle. 📌 Base Scenario We’re likely in a classic ABC correction, with wave B being quite extended. The current wave C looks like a developing ending diagonal, and we may...

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🧩 Medium-Term Structure: FX:EURUSD OANDA:EURUSD continues to develop within wave 4 of a larger impulsive move. Given the volume distribution and price behavior, the most likely correction pattern is a contracting triangle (cT). Alternative forms for wave 4 include: - FL — Flat - EFL — Expanding Flat - RFL — Running Flat - cT — Contracting Triangle...

shakatrade1_618

The pair remains within Wave 4, which is likely unfolding as a sideways correction — possibly a triangle (cT, bT) or flat (FI, EFL, RFL, or d3). Once the final leg down completes, I expect an impulsive Wave 5 — a culmination move — with upside potential toward the 1.10–1.12 zone. Let’s see how it plays out.

shakatrade1_618

The sharp drop in FOREXCOM:EURJPY OANDA:EURJPY FX:EURJPY CAPITALCOM:EURJPY from July to August 2024 appears to be a classic impulse wave A. Since then, the pair has entered a consolidation phase — most likely forming a triangle as part of a corrective wave B. 🔍 Key observations: Volume is evenly distributed, with the POC sitting near the current...

shakatrade1_618

On the long-term chart of NASDAQ:NDX IG:NASDAQ , we are likely in Wave IV of the Supercycle, which appears to be unfolding as a running flat (rFL). The current decline may not be a mere correction, but a motive Wave C, potentially retesting the 2021 ATH zone (around 16,500–17,000) before a powerful new bullish wave begins. Volume spikes at the top confirm the...

shakatrade1_618

The current XETR:DAX FOREXCOM:GER40 PEPPERSTONE:GER40 structure appears to be unfolding as Wave IV of a larger impulsive move. The correction remains orderly so far, respecting the channel and the overall bullish structure. At this point, the most likely scenario is the formation of a triangle within Wave IV. Price action and volume behavior suggest a...

shakatrade1_618

Everything is unfolding as planned for TVC:SPX AMEX:SPY OANDA:SPX500USD : after a completed impulse to the downside, we're seeing a complex WXY correction, with wave (y)potentially ending around the 0.618 retracement level and the MA20w. Currently, wave B of the second leg is developing. Once it's complete, we may see a final push upward before a larger...

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The XETR:DAX PEPPERSTONE:GER40 FOREXCOM:GER40 appears to be entering a supercycle phase of global distribution — a period characterized by explosive long-term growth, but also extreme volatility along the way. This phase is fueled by two key structural forces: 1. Ongoing fiat currency devaluation, which boosts nominal asset prices. 2. German...

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Short-Term Perspective for BINANCE:PEPEUSDT Over the past three months, the token has been in a downtrend, forming an impulsive structure. This raises concerns about whether PEPE is still in a bullish trend or if a deeper correction is underway. In the near term, the key area to watch is the MA20week and MA200d levels, along with the price imbalance zones....

shakatrade1_618

Ethereum Price Review Over the past three months, BINANCE:ETHUSDT has been declining in a zigzag formation: Wave A formed as an impulse Wave B took the shape of an expanding flat (eFL) Wave C developed as a diagonal Whether this diagonal has fully completed remains to be seen in the near future. I anticipate that COINBASE:ETHUSD will aim to test the...

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My primary scenario is a correction. The current wave structure suggests the completion of an motive wave forming an ‘ending diagonal.’ After testing the 0.618 Fibonacci retracement zone, the market shows signs of a downturn. If the index settles below the nearest support (around 107), a deeper pullback toward 105 and lower becomes possible. The alternative...

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💭 I expect the bull rally to end in December 2024 - February 2025. By this time, BTC may cost 98-140 k. Next we'll probably get a black swan, if not sooner. All details on the chart Shaka 🤙 BINANCE:BTCUSDT OKX:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD

shakatrade1_618

A long position looks promising with $22 as the first target and potential for further upside. The VAL zone serves as a solid entry area. The nearest imbalance zone could act as resistance, making it a key level to watch. COINBASE:LINKUSD BINANCE:LINKUSDT

shakatrade1_618

Based on the current market structure, the nearest target for BINANCE:BTCUSDT is the $102,700 - $105,000 range. This level is a significant zone due to the presence of a price imbalance (FVG) and strong limit resistance on the daily timeframe. This level has previously acted as a selling zone, making it a key area for a potential pullback. From an Elliott...

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Key Highlights The U.S. Dollar Index TVC:DXY is currently near an important resistance level of 108–110. A potential reversal of the dollar at this level could lead to further growth in stock markets and strengthen cryptocurrencies, while a break above 110+ would continue to put pressure on risk assets. If CAPITALCOM:DXY surpasses 110 and holds above it,...