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EURUSD1h - The hourly timeframe appears less clear despite our short context. The main target was reached in the form of equal lows, which were forming throughout the week. I believe it's quite likely to see a breach of the previous day low (PDL) on Monday, after which the continuation of the long trend may begin. However, this is just speculation. It's important to see how the Asian session behaves as it often provides many clues for intraday trading.
EURUSDHello everyone and welcome to the weekly TOP-DOWN analysis.
The week was not the most active in terms of position accumulation, but at the same time, it was quite informative.
1D - The daily timeframe continues to be in a short context. The first problematic zone was completely covered, but we did not receive the expected reaction and continued the long movement, overlapping the FVG. The main problematic zone is the FVG formed on April 10 during the news. I believe that after partially overlapping it, we will continue the short movement towards the lower targets.
MARUTI SUZUKI - A long term Investment Idea - 50% ROI expected.1) The stock is breaking out of a 6 year old consolidation zone in yearly time frame.
2) The stock is reversing from a Fib 61.8% in yearly time frame.
3) The stock is breaking it's previous swing high.
4) The stock is above to form a strong 3 Month breakout if March closes strong.
The stock structure looks strong, one may accumulate in dips for a long term target of 19000.
S&P 500 Daily Chart Analysis For Week of April 26, 2024Technical Analysis and Outlook:
The index reached our Mean Res 5057 and valiantly surpassed it, indicating further upside potential to the Inner Index Rally target marked at 5175. From that point on, turning downwards to Mean Sup 5013 is a strong possibility. A further down trajectory is marked as Outer Index Dip 4865.
EUR/USD Daily Chart Analysis For Week of April 25, 2024Technical Analysis and Outlook:
The Eurodollar has reached a crucial point in its trajectory, having just encountered its Mean Resistance level of 1.072. This has triggered a sharp downward move, with the currency now seeking its vital Mean Support level at 1.062. This suggests a probable continuation of the downward trend, which traders and investors should take note of.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of April 25, 2024Technical Analysis and Outlook:
Bitcoin's trading this week has been volatile, fluctuating around our Mean Resistance level of 65600. Our Key Support level of 61300 will likely soon be retested once again, which could serve as a launching pad for a new Bull Stage rally. The target for this rally would be the newly established Mean Resistance level of 66900 and beyond.
Microsoft (MSFT): A Potential Plunge After a Decade's RiseOn the Microsoft three-day chart NASDAQ:MSFT , we've observed that the initial cycle of Wave (5) & I peaked at $430, hitting the 61.8% extension level, and has since declined to $402. We believe that $430 will now act as a strong resistance level.
We anticipate a significant correction for Microsoft, potentially dropping to between $220 and $100. This forecast is based on the end of the first bullish cycle, following a decade of substantial increases in Microsoft's stock price. Such a correction is seen as necessary for sustainable long-term growth
The exact nature of the correction, whether it adopts a Flat or Zigzag pattern, remains to be determined. Flats are more common than Zigzags, hence they are considered more likely, but we are keeping an open mind as we monitor the chart's developments.
We will hold off on positioning ourselves immediately, opting instead to watch how the situation unfolds on the broader chart before identifying potential smaller-scale entry points.
$QIWI - time for correction has comeMOEX:QIWI - expecting 2 waves of correction before we will be able to get on the train that is going upstairs.
Does not constitute a recommendation.
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TRIAS zones for long and DCA interesting zone for DCA, indicators that match: the highest volume in that zone, it was also the highest volume from the May 3 range. 2021 until May 3, 2022. Right below us is the 200dma plus 0.618 Fibonacci of this entire movement.
Until that happens, who want to trade: check weekly level of $11 and 0.5 Fibonacci is $8.2.
Thanks for support.
It might surprise usWhile everybody is asking why the sell off yesterday and now switching to bear mode, this one is doing its thing. I think the market has punished enough this stock in short term, and investors are buying. The strategy here is buy some now, if it drops to the base of the large triangle buy more (around 145), if on the other hand breaks up the falling wedge buy again and hold until price touches the upper vertex (200 or so). SL very wide 120 or so.
XAUUSD Gold 1D- Let's start with the daily timeframe. We continue to observe a strictly bullish context for XAU/USD. Currently, we are within the MS Range. The obvious local target for correction is the equal lows marked on the chart. It's also important to note that if the price closes below the fractal equal lows, the context will change to bearish.
$SQTUSDT - Swings for the patient brainDon't expect of keeping on the upstairs moving of such upward race for BYBIT:SQTUSDT , which we are watching for during last months. Waiting for correction until 0.026 approx before time to buy comes.
Idea is to multiply input for 4 times in a month.
Does not constitute a recommendation.
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S&P 500 Daily Chart Analysis For Week of April 19, 2024Technical Analysis and Outlook:
Upon completing the Outer Index Dip 5045, per the Daily Chart Analysis for the week of April 12, Spooz witnessed a decline in this week's trading session, leading to the Key Support level of 4950. The current market trends indicate that the index will experience an upward Dead-Cat rebound, targeting our Mean Resistance level of 5057. However, the downside risks cannot be ignored, and the index may continue its decline to reach the strategic Outer Index Dip at 4865, which is expected to act as a catalyst for reigniting its bullish trend.
EUR/USD Daily Chart Analysis For Week of April 19, 2024Technical Analysis and Outlook:
The Eurodollar has completed our Inner Currency Dip of 1.060. However, further selling pressure is reviling a decline to the next Inner Currency Dip of 1.054. Ultimately, the Eurodollar is expected to reach an Inner Currency Dip of 1.045. It is worth emphasizing, however, that an interim Dead-Cat rebound to the Mean Resistance level of 1.072 may be feasible before the Eurodollar resumes its downward trajectory.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of April 19, 2024Technical Analysis and Outlook:
In this week's trading, Bitcoin reached the Key Support 61300 level and rebounded to the inverted resistance level derived from Mean Support 65600. This movement is part of positioning Bitcoin for the upcoming "halving" event, which is expected to happen around April 20. However, a market decline could cause Bitcoin to fall to an Inner Coin Dip 57200 level.
Silver is greatThis a long term strategy for the next couple of years. Silver is consolidating within this triangle since August 2020. Buying SLV ETF is like having silver bricks stored in a safe place. See it that way. You just don't sell silver, you accumulate it at every pull back. I may take less than a couple of years though bc the break out could be violent. I'm showing a SL just for reference but I would buy more if price drops that low (I don't think that will happen anytime soon). Check my previous post on silver down below.
$TCSG has power to rocket start to the moon
MOEX:TCSG turned 180 degrees. and looking to the moon.
My expectation, that shot will be a very sharp within just some months.
In addition. in my view. this will show the first step only in the sequence of the next step-up.
Potential is more than 7000 for the long-term (year or more).
MOEX:TCSG ::2723->3600->4300::59%::Jul-Aug 2023
Does not constitute a recommendation.
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