Signal: EURGBP (1H), SHORT 📉Good afternoon, traders! We got a projection for you. Let's get right into it:
We will be entering this trade, only if we see a nice, clean streak of green candles, going all the way back to the EP.
💱 SELL LIMIT:
- Stop Loss (SL) = ~0.85828
- Entry Point (EP) = ~0.85631
- Take Profit (TP) = ~0.85346
Positive evidence:
✔️ Breakout @ ~0.85631 (at a significant S&R zone).
✔️ Retracement @ ~0.85346 (at a significant S&R zone).
✔️ EMA (50) @ above candlesticks; between EP & SL.
✔️ EMA (200) @ above EMA (50).
✔️ Clean streak of red candles, going all the way down to the point of retracement (with the exception of one green).
Negatives:
❌ No overall downtrend.
In our opinion, the positives are greater than the negatives. Remember: if, at any point before price hits the EP (1H timeframe), we see a decent-sized red candle form, this projection is no longer valid.
Did this help you? Please let us know, in the comment section, so that we can provide you with better tips, in the future.
“My mission is to help you see forex for what it is: it’s not ‘rocket science,’ but a simple strategy game. Get on the ‘good side’ of probability, develop the proper mindset, and you will prosper.”
— Nio Pomilia, Forex Free Press
Projection
JOB MARKET in 10Y : what to expect in a stagflation environmentHere's my take on the multiple outcomes the job market. Looking at the REAL data, not the bullshit cooked numbers of the labor bureau ! The U6 numbers are the closest one to the reality. So these are the ones we'll study here along with interest rates, market valuations and growth potential.
BTCUSD - 2013 vs 2021 - Similar or not?Hi guys, back with another Bitcoin publication after a couple of months of inactivity. Not because nothing happened, but because my previous analysis is still valid.
Anyway, I thought I'd make a comparison between the 2013 and 2021 bull markets, as it is striking how similar they are.
Let's start with sharing a screenshot of the 2013 bull run, some annotations that are important are made on the chart:
Now let's put the 2021 bull cycle next to it, including annotations :
Now let's see what are the similarities :
Halving occured before previous ATH was broken
No immediate effect after the halving, only a few weeks after
Hardly any hesitation when breaking above previous ATH
Rise to the 1.618 reverse fib extension without much troubles
Decline to the 1.272 extension and bounce to the upside
There are some differences too :
The 2013 bull run took less time
We did not break above the 1.618 fib yet in 2021
❓ So why does the bull run take more time?
The most obvious explanation is that the market has matured compared to 2013, we have BTC futures now that can temper price movement and overall I think people are a bit more cautious as well.
❓ What will happen IF we break above the 1.618 fib?
If we break above that fib level, and history repeats itself, then a rally to the 2.272 fib, just like in 2013 would not be out of the ordinary. In case that happens, we'd see a high of around 200k USD.
💡 If and when we'll see that is the question, history doesn't always repeat itself, but if often rhymes. As to the when (in case it does happen of course), my best guess is that it would be in Q2 2022 ..
But ... this is Bitcoin ... so anything can happen. 🤯
👦🏽Now it's your turn. What do you think of this analysis/comparison and what are your predictions?
💌 Share your thoughts in the comments below.
Oh, and if you like this publication ... you know what to do 👍🏽
Thanks for reading! Constructive feedback always welcome!
PS : if you found this interesting, you might want to have a look at my other publications below as well.
Bitcoin headed to a $307,000 target or higherUsing Beam bands and Fractal we can see there is a good possibility that the mother of all coins could reach a potential and mesmerizing $307k by the peak for its run in 2021. If the metrics used by Trading Genius are correct then we could see BTC peak out at either $307k or higher depending how high we breach the beam bands. This Fractal should help with what it could look like path wise.
Kin hitting $0.003 at end of 2021 bull run!Crypto family this is just a possible pattern we could take if Kin decides to hit a peak target price of $0.003 at end of this bull cycle. As we know, Kin is beautifully following Bitcoin as are many other platforms going into this bull peak. Of course, this is just my projection if we are only going to reach a target high of $0.003 value for Kin at end of the year. I believe we could go higher but for the sake of simplicity, I am just showing this chart as an example. We are currently in a triangle pattern and looking bullish for an upside breakout.
NQ GeometryAll these lines and angles are based on the small circle up top and the horizontal vector that it creates.
I picked the Nasdaq futures instead of cash because I was too far into the analysis when I realized it. Not going to make a huge difference since the Nasdaq is truly a harmonic structure through and through.
The blue line projects out long-term starting from now. That is all.
-Pigonometry101
FRED:NASDAQ100
TVC:IXIC
TVC:NDX
CURRENCYCOM:US100
TVC:SPX
CURRENCYCOM:US500
NNDM - 21 USD soon?NNDM shows a clear structure. The chart looks bullish! It is important to stay above 5.39. Otherwise my setup would be invalid. The following levels are important: 8.06 - 8.78 & the intermediate high around 9.32. Then we can look forward with confidence. Overall, I expect prices above 13 USD this year. In the long run, I have price targets of at least $21.
Kin updated 2021 possible bullrun projectionI am using the Gann Fan fib to see possible support and resistance lines for Kin while we move forward to the end of this 2021 Bullrun. I have my own red line and blue line projections and I am leaning towards the blue line, to be honest. Please do not take this as investment advice as I am only sharing my belief and opinion on possible targets. If Kin lands a huge partnership or a huge exchange listing then this may change our layout somewhat but for now, I am pretty confident that we may actually see a price between $0.005 and $0.01 by years end.
Long Term Short Projection NZDUSDA number of confluences can be seen that confirms my short bias. The Weekly Timeframe shows bearish structure (Double Top) in between the fibonacci market structure zones. The weekly timeframe being one of the strongest timeframes for data supports this projection. Currently price has retraced to the 61.8% on H4 fibonacci and is creating bearish market structure. Currently waiting for price action confirmation and break of weekly demand zone. Looking for shorts!
-Brandon Sean
Still bouncing on the support Still on the strong support (dark green) but we are getting closer to the resistance (short dark red). The formed triangle looks like a descending triangle, it suggests that the price will go down. Maybe the fear is taking over? But yea, we are on the support! In about a week we will a bit more...
ETH could hit 7,500 by October, 2021Hypothetical if the first impulse were to repeat. The copied first wave is distorted by the log scale. Corrective wave looks strange but lately, securities/commodities/cryptos have behaved abnormally.
Bullish MACD cross and ETH now has expanded access through Grayscale's ETHE allowing those with traditional brokerages to now invest in Ethereum.
Many people have a price target of $10,000 for Ethereum and this would put it right on track.
Leave a like or a comment if you agree or if you see a different trajectory! This is just a projection for it to hit $7,650 by 10/17/21, AKA Bricksquad Day for all the Gucci Mane fans out there.
I Don't believe this will happen with BTC, but here you go.It's possible form a beartrap kinda fractalism / wyckoff then a bullrun like the last time we got this pattern. But I don't think this is the most probable scenario, but in fact is one that i wish.
Take in consideration that there is 8x times volume of stablecoins than btc and biden wants brr 6t dollars.
ADA - Future ProjectionAda has been on the low the last few weeks and besides some minor uptrends and dips, nothing had broken out of the indicated pattern since lately. Unfortunately, the BTC dip has also dropped us back down into the box.
Since in the last major run, we had seen about ~300% in the Span of a month, I suspect that after the Crypto Marketspace recovers, we might see another 300% from ADA as well. Fortunately, the trend which ADA has stuck to pretty well, would also indicate that the longer ADA takes (so if it took more than 1 month), the likelyhood of reaching 300% or 300%+ is even more likely.
For more Market Analysis and Accurate Calls visit my Crypto Discord servers: discord.gg
AUDUSD TRADEAUDSD DAILY
1. Daily trend bias based on the 8/13 EMA is short
2. Last retracement zone at 0.5 qualifying for this to be identified as a wave 2 Daily timeframe
3.Economic news that may affect this trade is
*Fed's Chair Powell speech on Wednesday 14/5/2021 and Australia's employment numbers on Thursday 15/4/2021
4. Extension zone 1.272 was hit
Hourly
Pattern is a 3 wave move
1. Previous move completed is A hourly with 5 micro sub waves.
2. Current move at B hourly
Sub waves A was completed, so was B 3 wave move to a retracement zone of 0.5
15 MINUTE
***Wave to trade is sub waves of C micro--Wave 1 is completed awaiting retracement 2 AT 0.618 AS ENTRY 1.
PDN Reclaiming TrendPaladin Energy Ltd is a Western Australian based uranium production company. It currently has one operating mine in Africa; the Langer Heinrich mine (LHM) in Namibia.
Bullish Outlook: Current price has reached former TB Fib Extension 1.0 Level. It has broken key Daily Resistance and reclaimed Uptrend and now has a real chance of claiming new TB Fib Extension Level 1.0 (Identified by blue Horizontal Line). I'm watching Volume and RSI but also cautious of a short term retrace.
Also note that Bullflag target flagpole is alligning with former TB Fib Extension Target Level 1.618
Bearish Outlook: If price was to retrace and break key support level then my target would be @0.09 which would be my next level of Daily Support.
Keeping it super simple.
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."