Forecast
How We Use The Forecast Model PatternsThe current position of all patterns (with the exception of the Cumulus Triangles) are not set in stone. The patterns can extend across many different price and time ranges at any given point in time. The current positions are default locations determined by analyzing the historical average position were each pattern occurred across all cycles. We currently have every pattern in this default position to help us gauge where the Bitcoin price most likely will be in the future, and to compare historical price behavior to the current situation.
Thanks for watching!
Dollar Index (DXY): Important Update Ahead of Powell Speech 💸
Dollar Index is in a strong bullish rally since the middle of July.
However, to me, the market looks very overbought.
On a 4H time frame, we see the so-called Exhaustion Gap.
It usually appear at the end of the bullish move and signifies the
last attempt of the buyers to push the prices higher.
I believe that probabilities are high that the gap will be filled soon.
Of course, do not forget that we are expecting Powell Speech 10 am NY time.
It can affect the Dollar related instruments dramatically, so be careful.
❤️Please, support this video with like and comment!❤️
Dow Jones Index (US30): Potential Bearish Movement Explained
Dow Jones is currently ranging.
The market is stuck within a wide intraday range.
Testing the upper boundary of the range, the market was rejected heavily
and the price broke and closed below a support line of a rising channel.
We see its retest now.
I expect a bearish continuation to the support of the range - 35300
❤️Please, support my work with like, thank you!❤️
WHAT'S HAPPENING? ⚡️ SUPPLY AND DEMAND IN LOCKSTEP 😢In this video I explain the current state of the Bitcoin market as seen through the lens of the latest pattern found in the forecast model, "The Lightning Volume". The Federal Reserves interest rate policy continues to create considerable headwinds for the Bitcoin price. When could it end? Watch this video and let me know your thoughts? Thanks for watching!
The FOMO Funnel! 🌪 Forecast Model Churns Out Another Pattern!In times of extreme FOMO the Bitcoin Market can be an emotionally challenging place. The Crypto Weather Channel's Forecast Model (The Jet stream) spins out yet another price pattern in the Bitcoin chart to help us navigate these times. Also, a few additional price targets will be established as we approach this moment. No one but The Crypto Weather Channel is planning this far ahead in the future! Thanks for watching.
EURUSD didn't get the memo...Perhaps "this time IS different".... as Global macro seems irrelevant to markets. EURUSD has been pumping this week, even though EUROPE is apparently in a recession, as per the recent GDP numbers.
So long as Bulls can hold above the 4hr cloud/forecast lines, up is the name of the game, and 1.09 looks like the next "logical" target.
As always, good luck, have fun, and practice solid risk management.
CRUDE OIL (WTI) Bearish Pattern Explained🛢
WTI Crude Oil has recently reached a key horizontal resistance.
Testing that, the price formed a head and shoulders pattern.
Its neckline was broken yesterday.
The price is currently retesting that.
I believe that selling volumes are currently accumulating.
Probabilities are high that we will see a bearish move soon.
Goals will be: 69.87 / 68.11
❤️Please, support my work with like, thank you!❤️
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPCAD Bullish Outlook and 2 Possible Scenarios
In this multi-time frame analysis, I go over the bullish outlook and forecast on GBPCAD.
I outlined the 2 possible scenarios of the price to wait for in order to confirm the next bullish up move.
Remember to clearly understand what forecasting is for to give you a better entry rather than blindly enter without any price action confirmations.
Higher time frame: