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SPX, Major H-S-Formation To Crucial Reversal!Hello, Welcome to this analysis about the SPX and the daily timeframe perspectives. In recent times many indices within the market already showed up with precarious pullbacks in the structure that should not be underestimated so also the SPX. As when looking at my chart we can watch there how the Index is forming this major decisive head-shoulder-formation with the left shoulder and the head already completed. Now as the right shoulder develops in the structure this is a likely setup for the completion of this whole formation which will happen when the SPX finally breaks down below the neckline as it is shown in my chart. Such a setup will be the finalization of the whole head-shoulder-formation and the SPX is likely to follow up with a bearish continuation till reaching out to the 4.380 zone from where the situation needs to be elevated again. If the SPX in this case does not hold this level and do not shows up with a reversal in the structure the possibility of a continuation-setup increases in which the SPX will form a bear-flag or similar continuation formation. If this completes a continuation will move on within the bearish-continuation-zone marked in my chart in red. Currently we should not keep these determinations from the desk and be prepared on upcoming volatilities, it will be an important journey ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
SP:SPX
by VincePrince
7
FB, Precarious In Range, Bear-Flag Indicated!Hello, Welcome to this analysis about the FB - FACEBOOK (META) STOCK and the weekly timeframe perspectives. Since Facebook rebranded itself to Meta it showed up with some declines that should not be kept by the side at this point and in the current structure, FB is showing a development that can be a pivotal indication for further bearish continuations downward. In this case now as when looking at my chart, we can watch there how FB initiated this wave-count with the first bearish impulse-wave to the downside with which it tested the 300 to 310 range together with the ascending-trend-line marked in dashed black. In wave-B now FB is building this main channel-formation in the structure in which it has a coherent wave-count and resistance within the upper boundary also matching with the 15-EMA in red and the 35-EMA in cyan. This now means that there is a higher likelihood given that FB pulls back off these resistance levels and when this happens a continuation will follow and especially an completion of the channel as a bear-flag will set up when FB pulls back below the boundary as it is seen in my chart. Once this whole channel has been completed as a bear-flag facebook will point the main dynamic-support-line and the target within the 250 level which will show completion of this whole wave-count after which further crucial developments will come. When FB manages to hold this structure and bounce in the support this can mark a important reversal otherwise when this does not happen and FB bounces below this zone it will show a bearish continuation in the red bearish-continuation-zone. For now we need to be prepared on upcoming volatilities and increased bearish price action before moving to further conclusions, it will be a important development ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "The high destiny of the market is to explicate rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
NASDAQ:META
by VincePrince
4
AUDUSD, To Complete Broadening-Wedge And Point Target!Hello, Welcome to this analysis about AUDUSD and the 4-hour timeframe perspectives. When looking at my chart we can watch there how AUDUSD is building this huge broadening-wedge-formation in the structure marked with the blue boundaries. Besides that AUDUSD has begun with this major wave-count to the upside and the wave-A already established. The wave-B is now consisting of the broadening-wedge-formation and also a coherent local wave-count within this formation which already completed from A to C. Now AUDUSD is building up above the 100-EMA in red and the 200-EMA in cyan, above these levels AUDUSD is forming this confirmational-flag-formation. Once this formation completed with a breakout to the upside and AUDUSD continues to breakout above the upper-boundary of the broadening-wedge-formation this will complete the whole formation and AUDUSD will continue with this dynamic to reach out the target-zone marked in my chart, after that the situation needs to be assessed anew, it will be an important development ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "The high destiny of the market is to explicate rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
2
NASDAQ INC, Precarious H-S-Formation To Complete!Hello, Welcome to this analysis about the NASDAQ INC Stock and the 12-hour timeframe perspectives. In recent times we see inflation increasing to highs last seen over 35-years ago and the money press moving on like this is not a reality to consider. In fact, we should not underestimate the possible devastating outcomes that can conclude absolutely destructive in this economical situation especially when a black swan event happens. In this case, we see several stocks and indices turning to the downside so also the stock by the NASDAQ exchange in which I discovered a decisive formation right here. Therefore, as when looking at my chart we can watch there how the NASDAQ INC is building this main head-shoulder-formation with the left shoulder and the head already completed, now when the NASDAQ INC also completes the right shoulder and shows up with a pullback below the neckline this will complete the whole head-shoulder-formation bearishly to the downside and the NASDAQ INC will continue with highly bearish pressure down the line till the 179.5 USD level has been reached, when the NASDAQ does not hold this level substantially and pulls back below this zone this will lead to a bearish-continuation in the bearish-continuation-zone marked in my chart, for now, we should not underestimate the bearish alignments here and be prepared on upcoming increasing volatility, it will be an important development ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
NASDAQ:NDAQ
by VincePrince
10
DXY, Decisive Drop-Down Incoming With Pending H-S-Formation!Hi, Welcome to this analysis about the US-Dollar Currency Index and the 4-hour timeframe perspective. The index in recent times moved into a highly decisive determination-structure and as I discovered is forming an important formation that should not be underestimated here. Therefore, as when looking at my chart we can watch there how the DXY is forming this huge head-shoulder-formation with the left shoulder and the head already completed, now the DXY is about to finalize the right shoulder which will complete the whole formation once DXY has formed the breakout below the neckline as it is marked in my chart. When the breakout and completion of the formation finally showed up this will lead to a bearish continuation and activation of the target-zone marked in red in my chart. Once these targets have been reached the situation needs to be elevated again and if the DXY forms a bearish continuation formation or manages to reverse, if the DXY just breaks below the target-zone this will lead to the bearish continuation right away. For now, we should be prepared for incoming bearish volatilities, and in this case, if the DXY increases bearishness this will be a bullish indication for antyciclical assets such as Bitcoin. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
TVC:DXY
by VincePrince
13
EURAUD, Broadening-Bear-Flag-Formation, How It Completes!Hello, Welcome to this analysis about EURAUD and the daily timeframe perspectives. As I discovered recently in the forex market EURAUD is forming a important formation that is likely to complete within the upcoming times and show up with important determinations. Therefore, as when looking at my chart we can watch there how EURAUD initiated this main ABC-wave-count to the downside with the first major wave A already completed from where on EURAUD continued with forming the wave-B in the structure and within this wave-B EURAUD is now developing a main broadening-bear-flag-formation simultaneously. In this broadening-bear-flag-formation EURUAD has a coherent wave-count from A to C already completed and now approaches the upper-boundary of the formation from where a bounce to the downside is likely to come up. When EURAUD then moves on further to breakout below the lower boundary of the formation this will be the setup for the main wave-C to emerge in the structure and the further continuations till EURAUD reaches out the dynamic-target-zone marked in blue from where the dynamic needs to be elevated again. When EURAUD approaches this target-zone there is the ability given to a appropriate reversal, how this develops then needs to be shown, it will be an important journey ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
7
OMICRON And The Markets, NASDAQ Builds Massive Reversal-Pattern!Hello, Welcome to this analysis about the stock-market-index NASDAQ and the 2-day timeframe perspectives. When considering the stock market overall and the current developments it has to be remarked that we are in a precarious situation as the real economy is still damaged by the corona pandemic which began last year, while the stock market recovered exceptionally and in a fast pace there are still many businesses suffering from the crisis and when looking at the current dynamic we can watch that with the upcoming omicron variant of the coronavirus it should not be underestimated that a dramatic increase of pandemic activity can also lead to shacky grounds in the stock market setting up for a much bigger bearish pullback. We also see accelerating inflation which in fact is a result of the huge amounts of money printed over the route of last year 2021 in which the money stock increased exponentially this gave fuel for this increasing inflation and therefore when it goes on like this the inflation can increase further, all these factors should not be kept by the side and as when looking at my chart we can watch there how the NASDAQ Index is building this main ascending-wedge-formation with the coherent wave-count within the formation and the waves A to D already completed, now with the last wave-E remaining this is likely to finalize the whole wave-count and move into the upper resistance-cluster from where a pullback to the downside will be highly possible, when this pullback sets up and the index moves below the lower-boundary it will be the confirmation of this whole ascending-wedge and the index will move on further to the downside to reach out the target-zones from where the dynamic needs to be elevated again, if the index forms a new bear-flag in this zone a bearish continuation is also possible. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
AMEX:URTH
by VincePrince
13
DOW JONES; Main ASCENDING-WEDGE, Crucial Completion Incoming!Hello, Welcome to this analysis about the DJI - Dow Jones Industrial Average Index. An important index in the stock market and as we have seen an absolute recovery since the heavy corona breakdowns that hit global financial markets at the beginning of the corona pandemic last year there developed unhealthy movements within the market as the stock market moved to the upside with a vast majority of indices while the real economy still not recovered that fastly and in this steep manner as it was the case in the stock market, in fact in many places the real economy is still heavily damaged and besides that there is a accelerating inflation going on that can be a source of a potential bear market to set up, especially when looking at this whole determination the possibilities for a pullback scenario are quite high in this measurement. Therefore, when looking at my chart we can watch there how the DOW is building this main ascending-wedge-formation which is certainly a bearish reversal formation and as the DOW already completed the whole wave-count within this formation and after that completion pulled off the upper-boundary there is not much remaining for a completion of this formation which will happen when the DOW bounces below the lower-boundary and from there it will be the origin for a continuation to the downside with the DOW pointing the 32500 USD level marked in my chart in blue, when this level has been reached the situation needs to be elevated again and the DOW needs to show if it manages to reverse from there on or just sets up for a bearish continuation to the downside. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
TVC:DJI
by VincePrince
14
USDCAD, Potential BULL-FLAG, How It Completes!Hello, Welcome to this analysis about USDCAD and the 2-day timeframe perspectives. In recent times USDCAD showed up with an important first impulse to the upside which has formed the first wave A from where on USDCAD moved on to continue forming this main descending-channel-formation in which it is consolidating and established a wave-count reaching from wave A to C which has almost already completed. Now as USDCAD showed up with this great bounce off the lower-boundary to the upside and now continued with a breakout above the upper-boundary of the descending-channel. This breakout now completed the whole formation as a bull-flag-formation from where USDCAD has the ability to build up on and continue further bullishly to the upside. When this happens USDCAD will appoint the upper target-zones within the 1.34 USD level marked in blue, once this zone has been reached the situation needs to be elevated anew and USDCAD needs to show if it manages to continue further bullishly or firstly shows up with a reversal, it will be an important development ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
6
AAPL, Develops Paramount Channel, Potential Bull-Flag-Formation!Hello, Welcome to this analysis about AAPL and the 3-day timeframe perspectives. In recent times AAPL is forming an important development as the zero interest rate policy by central banks is moving further and the money press is flooding the market with cheap money this comes around especially in stocks where we see new all-time-highs in several major stock indices and stocks while the real economy is still not growing in this similar pace. Therefore, with AAPL I discovered a pivotal formation that is likely to complete within the next time. Therefore, when looking at my chart we can watch there how AAPL is forming this massive ascending-channel-formation with the coherent wave-count within the formation and the waves A to D already completed. When AAPL now moves forward to finalize this whole wave-count with the wave-E it will also be simultaneously the origin of the whole bull-flag-formation likely to complete which will happen when AAPL manages to breakout above the upper-boundary. Such a breakout will activate the upper-target-zone at the 280 USD level marked in blue, when this level has been reached AAPL needs to show how it is moving forward from there, it will be a central development ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
NASDAQ:AAPL
by VincePrince
12
AUDUSD, Develops MASSIVE Head-Shoulder-Formation, Objections!Hello, Welcome to this analysis about AUDUSD and the 2-day timeframe perspectives. As I discovered AUDUSD in recent times is developing a massive decisive formation that will determine the upcoming establishments in a profound manner. Therefore as when looking at my chart we can watch there how AUDUSD is forming this huge gigantic head-shoulder-formation with the left shoulder and the head already completed. Now as AUDUSD proceeded with this it is continuing with the right shoulder which is likely to complete the whole formation which will happen with a breakout below the neckline as it is shown in my chart, such a breakout will be the origin for further continuations to the downside and will activate the lower target-zone within the 0.64 USD level marked in blue, once this level has been reached it has to be shown if AUDUSD manages to reverse in this structure or just sets up for a bearish continuation to the downside, it will be an important and interesting development ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
9
S&P 500, Ascending-Wedge-Formation, Crucial Determination!Hello, Welcome to this analysis about the SPX 500 index and the 2-hour timeframe perspective. In recent times the index moved into a crucial determination as it is already overbought on the higher timeframes I also detected this main formation here that is likely to indicate a decisive reversal in this whole structure. Therefore as when looking at my chart, we can watch there how the Index is building this main ascending-wedge-formation marked with the boundaries in black and the coherent wave-count within. In the ascending-wedge the Index has already completed the waves A to C and is now about to complete the wave-D on which the wave-E follows up, when this wave-E has been completed in the upper resistance-cluster marked in red this will be the setup for this whole wedge-formation to complete which will happen with a pullback and when the Index then finally marked below the lower boundary of the wedge it will be the origin for further bearish continuations to the downside and appointing of the lower target zone between the 4525 and 4540 zones, once this has been reached it has to be elevated if the S&P 500 manages to reverse in the structure or just sets up for further continuations to the downside. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
SP:SPX
by VincePrince
15
AUDUSD, In Descending-Channel, Flag-Formation To Complete!Hello, Welcome to this analysis about AUDUSD, we are looking at the 2-hour timeframe perspectives. In recent times AUDUSD moved on with important determinations as it pulled back in the structure and as I discovered how it is forming not only one decisive formation that will be an important factor in the next times. As when looking at my chart now we can watch there how AUDUSD has formed this major descending-channel-formation with a coherent wave-count within and the wave A already completed. Now as AUDUSD bounced within the lower boundary of the channel it moved on to develop this bear-flag-formation in which it has a wave-count within as well. When this wave-count has been completed and AUDUSD showed up with a breakout below the lower boundary this will mark the continuation to the downside and once this happened AUDUSD will point to the wave-count-target-zone marked in my chart in blue. Once this zone has been reached it will be decisive on how AUDUSD reacts into it and if there comes an appropriate bounce in the structure or not, when a bounce comes up this can lead to a great reversal and potential completion of this whole descending-channel with a breakout to the upside as well, it will be an important development ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
9
AUDUSD, Pullback Off Resistance, Likely Continuation Ahead!Hello, Welcome to this analysis about AUDUSD and the 12-hour timeframe perspectives. In recent times AUDUSD showed up with crucial bearish encounters as it pulled back from this main descending-resistance-line in red and increased with bearish volatility after it. Besides, that as I detected now AUDUSD in this whole structure here is now forming this massive bear-flag-formation in which it has the resistance-cluster within and the coherent wave-count in the formation is almost completed. In the near future now as AUDUSD pulled back bearishly from the upper resistance-cluster it is likely that a bearish continuation will follow up in which AUDUSD approaches the lower-boundary of the ascending-channel and when this zone does not hold with AUDUSD closing below the lower boundary this will be the completion of the channel as a bear-flag and AUDUSD will move on with further bearish continuations to approach the initial bear-flag-target-zone marked in blue in my chart, once this zone has been reached it has to be elevated if AUDUSD manages to hold this zone and back-up or it just sets up for further movements to the downside, it will be an interesting journey ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
14
EURUSD, Ascending-Channel, High-Likelihood Bear-Flag!!Hello, Welcome to this analysis about EURUSD and the 4-hour timeframe perspectives. The global determinations for EURUSD have already shown a mainly bearish development and now when looking at the more local frames as the 4-hour chart I discovered a decisive formation forming that should not be kept from the desk here. Therefore, when looking at my chart we can watch there how EURUSD is now about to form this major ascending-channel that is likely to complete as a bear-flag especially as the rejection from this main descending-resistance-line was the precarious origin of this bearish move to the downside which has now a high likelihood to continue. In this case, when EURUSD closes below the lower boundary of the bear-flag this will be the origin for the further continuations and EURUSD will move on to approach the lower zones especially the lower target-zone within the 1.145 level marked in blue. Once this zone has been reached it has to be elevated how EURUSD approaches into there and if there comes a possible reversal or EURUSD just sets up for the further bearish continuations. As there are some good supports given a reversal in the structure can be considered. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
8
EURGBP, Bear-Flag In Structure, Objections Ahead!Hello, Welcome to this analysis about EURGBP and the daily timeframe perspectives. In recent times EURGBP has developed a main bearish structure and as I discovered now there is a decisive formation in this structure which when completed will be the origin of heavy bearish continuations. Therefore, as when looking at my chart we can watch there how EURGBP has formed this main bear-flag-formation marked with the boundaries in blue, in this formation EURGBP already completed the wave-count reaching from A to C. Now as this wave-count completed it is also contributing to the more global ABC-impulse-wave-count to the downside and the wave B within this wave-count, therefore, when EURGBP closes below the lower boundary of this bear-flag this will be the activation of continuations and downside-targets marked in my chart in the 0.8225 Usd level in blue, when these targets are reached the situation needs to be elevated anew and EURGBP needs to show how it develops from there on, if there comes a potential reversal or it is just a setup for further bearish downside continuations, it will be an interesting journey. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
10
DXY Index, Triangle-Formation, Bullish Breakout More Likely!Hello, Welcome to this analysis about the DXY US-Dollar Currency Index and the 4-hour timeframe perspectives. The index on the more global terms in recent times initially increased with bullishness and is now forming an important formation as I discovered. When looking at my chart we can watch there how the Index is forming this main symmetrical-triangle-formation marked with the boundaries in black. In this formation the index has a coherent wave-count with the waves A to C already completed and now setting up to form the wave D on which the wave E follows that completes the whole wave-count and therefore also the triangle-formation in the best-case-scenario. As for now the index is staying above the 45-EMA in red and is building up above it with the wave-count and simultan triangle a bullish breakout to the upside currently has a higher possibility by 65% than the bearish breakout. Nevertheless, it is important to wait for the final confirmation which will happen once the Index formed the breakout above either boundary. When the more likely bullish scenario settles it will activate the 95.2 level as a target-zone, once this is reached the situation needs to be elevated anew, it will be an interesting development ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the markets.
TVC:DXY
by VincePrince
17
USDJPY, Develops Triangle-Formation, Incoming Breakout-Targets!Hello, Welcome to this analysis about USDJPY and the 4-hour timeframe perspectives. As when looking at my chart we can watch there how USDJPY is now forming this main triangle-formation above the 45-EMA in red and the 25-EMA in green. The triangle that USDJPY is forming is also simultaneously the wave B in this major wave-count to the upside, in the wave-count USDJPY has already completed the wave A and when this main triangle-formation finally validates in the structure this will be the origin of the wave-C to the upside and USDJPY will move on to approach the upper target-levels and increase bullish volatility to the upside. When the breakout of the triangle happens properly as expected this will be a high likelihood indication for further bullish developments otherwise when this does not happen and USDJPY increases with strong bearishness again this can also invalidate the whole triangle-formation therefore it will be necessary to elevate how this triangle finally completes before coming to further conclusions. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
7
EURGBP, Ascending-Wedge, Bearish Breakout Imminent!Hello, Welcome to this analysis about EURGBP and the 4-hour timeframe perspectives. EURGBP in recent times is forming some interesting developments especially with the main formation I discovered here this can lead to increased volatility in the upcoming times. Therefore, when looking at my chart we can watch there how EURGBP has formed this massive ascending-wedge-formation, such a formation is normally known to show up with a bearish reversal to the downside. Because EURGBP already completed the ABC-wave-count within the formation a completion of the whole formation bearishly to the downside gets more likely or also EURGBP will firstly continue in the ascending-wedge with the wave-count and the development of a wave D as well as a wave E in the structure which will not be bad because this will just increase the potential for an increased bearish breakout to the downside that accelerates further. In all these cases the crucial confirmation will happen when EURGBP finally breaks out below the lower boundary of this whole formation, this will complete the formation and will be the origin for the bearish continuations. In this case, EURGBP will also activate the target-zone marked in blue within the 0.8444 level, when this zone has been reached the situation needs to be elevated anew and EURGBP has to show how it continues there, if the bearishness is heavily increased this can also just lead to a bearish continuation-setup once the zone has been reached. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
1
EURUSD, H-S-Formation Completed, Increased Drop Incoming!Hello, Welcome to this analysis about EURUSD and the 2-day timeframe perspectives. EURUSD in recent times as I discovered has formed a massive formation that is indicating bearish dynamic volatility developments to emerge within the upcoming times. In this case, we should consider that the formation here is mainly completed and that a high possibility is given for the continuations to accelerate within the near future. Therefore, as when looking at my chart we can watch there how EURUSD has formed this massive paramount head-and-shoulder-formation with all the elements already completed reaching from the left shoulder to the head till the right shoulder. The fact that EURUSD now formed the pullback below the neckline was the first technical confirmation and now EURUSD has formed this major bear-flag-formation below the neckline which is marking the appropriate confirmation-formation of this whole pattern. Therefore as EURUSD now also already penetrates the lower boundary matching with the 200-EMA we should expect the bearish breakout to happen within the next times, when this happens and EURUSD marks below the lower boundary of the flag it will be the source of bearish pressure continuations and EURUSD will move on to the initial target-zone marked in my chart in blue at the 1.135 level, it has to be shown then how EURUSD reacts into this zone because when the bearish pressure increases exorbitantly this will be the origin for the further bearish continuations which will develop in the bearish-continuation-zone marked in red in my chart. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! Information provided is only educational and should not be used to take action in the markets.
by VincePrince
8
GBPUSD, Completed Bear-Flag, Continuations!Hello, Welcome to this analysis about GBPUSD and the 4-hour timeframe perspective. GBPUSD in recent times has shown up with important determinations that defined the whole structure as I discovered here. Therefore, as when looking at my chart we can watch there how GBPUSD completed this main ascending-channel-formation as a bear-flag bearishly to the downside after completing the ABC-wave-count within the bear-flag. Now as GBPUSD is also below the 300-EMA marked in red here this is a sign of bearish continuation for GBPUSD and it is likely to continue bearishly as it is shown in my chart till the lower levels have been reached marked in my chart in the dynamic target-zone in blue from where GBPUSD needs to show how it continues from there on and if there comes a potential stabilization or the next bearish setup. There is good potential given that GBPUSD stabilizes in this zone as there are also some great supports within there, it will be an interesting development. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! Information provided is only educational and should not be used to take action in the markets.
by VincePrince
8
CHFGBP, Developments In Ascending-Wedge, Bounce And Pullback!Hello, Welcome to this analysis about CHFGBP and its 12-hour timeframe perspectives. CHFGBP in the recent times established important structures and recently formed a interesting bounce in its structure, besides that I discovered further determinations that are worthwhile to look at. As when looking at my chart now we can watch there how CHFGBP emerged with this main ascending-wedge-formation marked with the boundaries in blue. Within this wedge-formation CHFGBP has the coherent wave-count and the waves A to C already completed, with the wave D now developing CHFGBP is approaching this dedicated support-base marked in orange in my chart, because of the several supports within this region also determined by the point-of-control of the volume-profile marked with the red line this is a zone where a bounce has a high possibility and should be expected. Once this bounce emerged CHFGBP will move on with the development of the wave E to approach the upper resistance level to finalize the whole wave-count and pullback from there, when this happen it can be the appropriate setup of the ascending-wedge-completion which will happen when CHFGBP finally bounces below the lower boundary. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! Information provided is only educational and should not be used to take action in the markets.
by VincePrince
16
JPYCAD, Inverse Head-Shoulder, Targets Ahead!Hello, Welcome to this analysis about JPYCAD and the 4-hour timeframe perspectives. As I discovered in my analysis recently JPYCAD has formed an interesting dynamic and recently completed a pivotal formation with further volatilities to show up likely. Therefore, as when looking at my chart we can watch there how JPYCAD now recently completed this whole inverse head-and-shoulder-formation with the bounce above the neckline which is marked in blue. Above this neckline JPYCAD now forms something like a confirmational bull-flag which has a coherent wave-count within that will be completed when wave C is finalized. Once JPYCAD bounces above the upper boundary of this confirmation flag it will move on further to the upside and approach the main inverse head-and-shoulder-target-zone marked in my chart in blue. For now, this zone is likely to be reached as JPYCAD offers the appropriate structure for it as it is also staying above the 35-EMA in red as well as the 15-EMA in green. Once the upper target-zone has been reached JPYCAD needs to show if it manages to increase further bullishness above this level or firstly reverses which will not be unlikely, it will be an important development ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "Good luck is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
8