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USDCHF, Ascending-Channel-Development, Local-Triangle-Breakout!Hello, Welcome to this analysis about USDCHF and the 4-hour timeframe perspectives. As I discovered USDCHF in recent times is forming some interesting developments that can be the origin of upcoming volatilities to consider. As when looking at my chart now we can watch there how USDCHF has developed this major ascending-channel-formation marked with the boundaries in black, within this channel-formation USDCHF has the coherent wave-count with the waves A and B almost already completed, with the emerging of wave C USDCHF has built this local triangle-formation marked in orange. As USDCHF recently formed the breakout above the upper-boundary of this formation this gave the incentive for further continuations to the upside and the main wave-C-development to approach the upper dynamic target-zone marked in blue in my chart, once this zone has been reached the situation needs to be elevated anew and USDCHF needs to show if it manages to continue bullishly in these areas or firstly forms a reversal which will not be unlikely, 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! Information provided is only educational and should not be used to take action in the markets.
by VincePrince
14
GBPUSD, Bearish Impulse-Wave As Resistance Approached!Hello, Welcome to this analysis about GBPUSD, we are looking at the 12-hour timeframe perspectives, the recent events, the established formational structure, and what we should expect in the upcoming times. As when looking at my chart now we can watch there how GBPUSD has established this bearish wave-count to the downside within which it already completed wave A completely and is now about to form the wave B in the structure that is directly moving into the main resistance-cluster marked in red in my chart where several resistances coming together with such as the descending-resistance-line marked in red, the 200-EMA in red, the 100-EMA in green and also the 38.2% Fibonacci-resistance from where a pullback to the downside is highly likely, this pullback will be the origin of the main wave-C and GBPUSD will move on to the downside within its wave-count. Besides, that GBPUSD formed this bearish EMA-death-crossover here already which is giving further increased indication for the bearish impulse to the downside scenario. Once this has been completed and GBPUSD reached the dynamic target- and recovery-zone there will be the possibility given for a substantial reversal once this is done GBPUSD will even have the ability to set up an upside-breakout above the descending-trend-line. 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
15
EURCAD, Bear-Flag-Formation, Likely Completion Incoming!Hello, Welcome to this analysis about EURCAD, we are looking at the 2-hour timeframe perspectives. EURCAD in the recent times has shown up with important developments in the structure that indicate potential bearish continuations as I discovered. Therefore, as when looking at my chart now we can watch there how EURCAD emerged with this main wave-count to the downside and within this wave-count is now about to form the wave B in the structure with the bear-flag-formation developing, in this bear-flag-formation EURCAD has also the coherent wave-count from A to C with the waves A and B completed and as EURCAD now approached the resistance-cluster marked in red in my chart this will be a level where the wave-C is likely to finalize and therefore also the whole wave-count, when this happens and EURCAD pulls back in this region a continuation to the downside will follow up till the whole bear-flag has been completed which will happen with EURCAD closing below the lower-boundary of the bear-flag and continuing bearishly. Such a price-action will activate the bear-flag-target-zone marked in blue in my chart and when this zone has been reached it has to be elevated anew if EURCAD can hold this zone or just sets up for further bearish continuations to the downside, it will be an interesting development ahead. In this manner, thank you for watching my analysis about EURCAD and its main bear-flag-formation structure to consider with the upcoming completions and continuations ahead of the next times, support the analysis with a like and follow or comment for more market insight! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the market.
by VincePrince
6
CHFGBP, Completes Head-Shoulder-Formation, Targets Activated!Hello, Welcome to this analysis about CHFGBP, we are looking at the 4-hour timeframe perspectives. As I discovered recently CHFGBP has completed an important formation that is now building the origin for further volatilities to consider in the upcoming times. Therefore, as when looking at my chart we can watch there how CHFGBP completed this main head-and-shoulder-formation in orange with the bearish breakout below the neckline and moved on to test the 200-EMA in red together with the 100-EMA in grey which are close to a bearish crossover. Now within this structure below the neckline CHFGBP is forming this confirmational bear-flag-formation that can take the shape of a protracted bear-flag or also can form the direct breakout to the downside in either case it is building the high possibility setup for further continuations. Mainly the head-and-shoulder completion has activated the bearish target-zone within the 0.785 level marked in blue in my chart, once this zone has been reached the situation needs to be elevated anew and CHFGBP needs to show if it manages to reverse in this level or builds up a setup for further continuations to the downside. In this manner, thank you for watching my analysis about CHFGBP and the main head-shoulder-formation with the upcoming determinations, support the analysis with a like and follow or comment for more market insight! "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 market.
by VincePrince
10
GBPCAD, Short-Term Bullish, Long-Term Bear-Flag!Hello, Welcome to this analysis about GBPCAD, we are looking at the 2-hour timeframe perspectives. GBPCAD is in a condition where it is showing different signs of developments and therefore has diverging perspectives in expectation. In this case, as when looking at my chart we can watch there how GBPCAD is within this main channel-formation with the coherent wave-count within this channel and the waves A and B already completed, now in the next times the wave C will emerge from here which will run directly into this main resistance-cluster where several resistances coming together and therefore has a high likelihood given to emerge with a bearish pullback to the downside which should be expected. Once this pullback has emerged GBPCAD when moving further with the bearish pressure will complete the whole formation as a bear-flag once a breakout to the downside has happened as it is shown in my chart, such a bearish breakout will activate further continuations to the downside and the two targets seen in my chart, when GBPCAD has reached these zones a reversal can be possible however mainly the bearish perspectives are pivotal and should be expected, it will be an important development ahead. In this manner, thank you for watching my analysis about POLKADOT and the major ascending-channel-formation, support the analysis with a like and follow or comment for more market insight! "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 market.
by VincePrince
9
GBPCHF, About To Complete Double-Top, Important Zones!Hello, Welcome to this analysis about GBPCHF, we are looking at the hourly timeframe perspectives. GBPCHF completed an important formation and shows up with the decisive confirmational developments. As when looking at my chart we can watch there this formation is a double-top-formation with the left top and the right top almost finished, now GBPCHF bounced below the neckline which is already the first technical confirmation of the formation. Now it will be likely that GBPCHF continues with a bear-flag below the neckline or some other bearish confirmation-formation, therefore when GBPCHF increases with bearish pressure in the upcoming times this will be the origin for the further continuations to the downside and GBPCHF will reach the target-zone within the 1.25 level from where the situation needs to be elevated anew and GBPCHF needs to show if it manages to bounce in this zone or just sets up for further bearish pressure to the downside, for now, we should not keep the bearish perspective out of sight and expect the bear targets to be reached. In this manner, thank you for watching my analysis about GBPCHF and the main double-top-formation with upcoming determinations to consider, support the analysis with a like and follow or comment for more market insight! "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 market.
by VincePrince
6
EURGBP, Ascending-Channel-Structure, Breakout Incoming!Hello, Welcome to this analysis about EURGBP, we are looking at the hourly timeframe perspectives. EURGBP in recent times developed a structure in which a considerable breakout has the ability to emerge when EURGBP determines the right price-actions. When looking at my chart now we can watch there how EURGBP is trading within this massive ascending-channel-formation with a coherent local wave-count within the formation and its waves A and B already completed, now within this wave-count EURGBP also forms this local bull-flag-formation marked in orange in my chart which is likely to be the appropriate origin for an upside-breakout, when this happens and EURGBP bounces above the upper boundary of the flag it will be the setup for the further continuations and EURGBP will approach the upper target zone within the upper boundary marked in blue which is the wave-C-extension target-zone. Once this zone has been reached the situation needs to be elevated anew. For now, we should expect the bullish breakout to emerge in the upcoming times as EURGBP also stays above the important EMA structure, it will be an interesting development. In this manner, thank you for watching my analysis about EURGBP and the ascending-channel structure with the upcoming breakouts to consider, support the analysis with a like and follow or comment for more market insight! "Good luck is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the market.
by VincePrince
11
USDCHF, Descending-Channel, Bearish Continuation Ahead!Hello, Welcome to this analysis about USDCHF, we are looking at the hourly timeframe perspectives. USDCHF is in a structure in which it has established some important determinations and as I discovered is likely to emerge with increased volatility within the next times once this determining formation has been completed. As when looking at my chart now we can watch there how USDCHF has formed this main descending-channel-formation with the boundaries marked in blue and the coherent wave-count to the downside established within the formation with the waves A and B already completed. Besides that USDCHF is forming this main resistance-triangle in the formation marked in red where several resistances coming together likely to be origin of the wave C to the downside which will fully contribute when USDCHF bounces below the ascending-trend-line marked in dashed grey in my chart, on this breakout below the support-reference-structure has happened USDCHF will continue bearishly to the downside and increased volatility will be likely. Once the target-zone of this wave-count has been reached which lies within the lower boundary as shown in my chart USDCHF has the ability to stabilize within there and bounce to the upside from there however this has to be shown. For now, we should keep prepared on the bearish movements, this whole dynamic can be traded either aggressively with immediate entry or conservative with entry after confirmation, although the immediate entry is also possible the conservative will be much better as it will appoint the final continuation-setup, traders need to decide according to own risk-preferences, it will be an interesting journey ahead. In this manner, thank you for watching my analysis about USDCHF and its main descending-channel-formation-structure with the upcoming bearish downside incoming, support the analysis with a like and follow or comment for more market insight! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the market.
by VincePrince
17
GBPNZD, Paramount H-S-Formation Completes, Perspectives Ahead!Hello, Welcome to this analysis about GBPNZD, we are looking at the 4-hour timeframe perspectives. As I discovered GBPNZD is completing a major formation now that will show up further determinations when fully completed which is likely to emerge in the near future. As when looking at my chart we can watch there how GBPNZD has established this major head-and-shoulder-formation with the left shoulder, head as well as right shoulder already completed. Now as GBPNZD has settled below the neckline this is the technical confirmation and completion of the formation and is taking the form of a bear-flag pattern as it is marked in my chart. Once GBPNZD moves below the lower threshold of the bear-flag this will indicate further bearish continuations to the downside. Also what is likely to come up here when GBPNZD continues with the continuations is the death-cross in which the 65-EMA in black crosses below the 200-EMA in blue which will add to the bearish perspectives. The main targets for GBPNZD are within the 1.946 level marked in my chart in blue, once this level has been reached the situation needs to be elevated anew and GBPNZD needs to show if it manages to stabilize or sets up for further bearish continuations. In this manner, thank you for watching my update-analysis about GBPNZD and the main head-and-shoulder-formation development, support the analysis with a like and follow or comment for more market insight! Information provided is only educational and should not be used to take action in the market.
by VincePrince
17
USDNOK, Major Head-Shoulder-Formation, Here Is How It Completes!Hello, Welcome to this analysis about USDNOK and the 4-hour timeframe perspectives. In my recent analysis, I discovered some interesting signs forming in USDNOK which are important for the upcoming determinations. As when looking at my chart now we can watch there how USDNOK is about to complete this major head-and-shoulder-formation with the left shoulder and the head already completed and now USDNOK is about to continue with the right shoulder in the structure which will finalize likely as there is a main local resistance-zone marked in my chart in red from where USDNOK is likely to pullback and continue to complete the right shoulder in the schedule. Once USDNOK is below the 65-EMA in green and the 35-EMA in red the whole formation is likely to complete as the EMAs already formed a bearish crossover. Once USDNOK finally breaks out below the neckline as it is marked in my chart USDNOK will have finalized the whole formation and it will be the appropriate setup for the continuations to the downside as well as activation of the head-and-shoulder-target-zone marked in my chart in blue within the 8.62 Usd level. Once the target-zone has been reached the situation needs to be elevated anew and if USDNOK manages to firstly stabilize in the structure or sets up a further continuation to the downside, it will be an interesting and important development ahead. In this manner, thank you for watching my update-analysis about USDNOK and the main head-and-shoulder-formation likely to complete and activate targets in the upcoming times, support the analysis with a like and follow or comment for more market insight! "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 market.
by VincePrince
3
NZDJPY, Developments In The Channel, Initial Pullback Likely!Hello, Welcome to this analysis about NZDJPY, we are looking at the 4-hour timeframe perspectives. NZDJPY in recent times is showing a structure with some interesting sights that I discovered. As when looking at my chart now we can watch there how NZDJPY is within this main ascending-channel-formation with the coherent wave-count in the formation and the waves A and B already fully completed. Now As Ethereum is about to finalize the wave C this is crucial because the wave C is directly running into the upper resistance-cluster marked in my chart in red where several resistances coming together consisting of the upper-boundary of the formation, the 400-EMA in red and also horizontal resistance within this zone. Taking these assumptions into the consideration it is likely that NZDJPY has its origin of the wave D to the downside within this resistance-cluster it is currently testing, this wave D will fully develop once NZDJPY is below the 200-EMA in green and once this happened NZDJPY will move on to test the lower boundary where the wave-E-confirmational-bounce-cluster is lying marked in my chart in blue, in this zone NZDJPY will have the ability to bounce and continue with the coherent wave E in the main wave-count to test the upper-boundary anew, it will be an interesting development ahead. In this manner, thank you for watching my update-analysis about NZDJPY and the main structure ascending-channel and upcoming wave-count-developments to consider, support the analysis with a like and follow or comment for more market insight! Information provided is only educational and should not be used to take action in the market.
by VincePrince
13
SPX, Bull-Flag-Formation, Breakout Incoming!Hello, Welcome to this analysis about SPX, we are looking at the 4-hour timeframe perspectives. The S&P 500 Index in recent times is forming some interesting structures that can convert into a great breakout with increased volatility as I detected. When looking at my chart now we can watch there how the Index marked above the paramount support level of 4375 marked in my chart in blue, also corresponding with this support level are the 25-EMA in red and the 15-EMA in green building a coherent and solid support base together with the horizontal support. Furthermore, the Index above this level here is building a great bull-flag-formation that is already in the last stages of completion as the wave-count within already finalized the waves A and B in the structure and now with the wave C bouncing in the lower boundary and the main support base it is the likely source of the completion of this whole formation. The bull-flag will finally confirm and activate targets once the Index is marked above the upper boundary, such a movement will indicate further continuations to the upside and activation of the target zone within the 4550 level marked in my chart in black. Once this level is reached it has to be elevated if the Index manages to continue further bullishly or firstly reverses to come up with a pullback which is also not unlikely in this case, it will be an interesting and important development ahead. In this manner, thank you for watching my update-analysis about the S&P 500 Index and the main bull-flag-formation with the upcoming breakout to consider, support the analysis with a like and follow or comment for more market insight! Information provided is only educational and should not be used to take action in the market.
TVC:SPX
by VincePrince
12
EURJPY, Ascending-Wedge-Formation, How It Completes Next!Hello, Welcome to this analysis about EURJPY, we are looking at the hourly timeframe perspectives, and as I discovered EURJPY is developing some very interesting formational structures these times that can lead to a major confirmation in the structure and in addition to that a potential trade opportunity to move forward with. As when looking at my chart now we can watch there how EURJPY has moved on establishing this preliminary ascending-wedge-formation marked with the blue boundaries. In this formation, EURJPY has the confirmational wave-count with the waves A to E finalized in the formation and therefore technically the wave-count-completion of this formation-structure. Besides that EURJPY recently also closed deliberately below the 25-EMA marked in red in my chart below which it is consolidating and marking it as resistance. When the supply in the structure increases further in the near future and EURJPY finally breaks out below the lower boundary of the formation this will complete the whole formation and activate downside targets seen in my chart with the blue line at the 129.3 level, once these targets are reached EURJPY needs to show how it continues from there further. For now a completion of the whole wedge-formation should be expected, this can be traded either aggressive with an immediate entry in the formation or conservative with entry after the breakout has shown up, although the aggressive approach is also possible the conservative will be much smarter, it will be an interesting development ahead. In this manner, thank you for watching my update-analysis about EURJPY and the main ascending-wedge-formation likely to complete and be the origin of downside price-action in the upcoming times, great when you support it with a like and follow or comment for more market insight! Information provided is only educational and should not be used to take action in the market.
by VincePrince
25
GOLD, Decisive Double-Top-Formation, Main Assessments!Hello, Welcome to this analysis about Gold and the 4-hour timeframe perspectives. As mentioned already in recent analysis Gold has meaningful resistance zones within the structure in which it already pulled back severely in the past and now did so again. Although Gold has a major support base on the higher global timeframe perspectives such as with the weekly timeframe perspective it is building a massive high-base-formation the bearish scenario should not be underestimated here as there is still supply within the market combined with the resistance in the structure it is necessary to do not keep these bearish assessments from the desk. Therefore I detected all the important levels and upcoming determinations we should consider with Gold. Structural Developments: As when looking at my chart we can watch there how Gold now a second time tested the 1830 level and a second time got rejected this time with a swifter and stronger bearish move to the downside. Now Gold is about to approach the 65-EMA in the structure which is a crucial reference level because Gold is likely to increase bearishness further when moving below this EMA. Taking this into a broader context Gold is developing here a potential double-top-formation in the structure with the first top as well as the second top already completed. Such a formation on many occasions is a bearish reversal formation that indicates further bearish continuations to the downside once completed. Especially when such a formation completes this can lead to highly increased bearish downside pressure. Upcoming Determinations: Taking all these factors into the consideration now as Gold approaches the 65-EMA level in that it has also local support at the 1810 zone this is likely to lead to an initial bounce in the local structure as it is marked in my chart however there is a greater likelihood given that this bounce does not sustain and that Gold reverses in the local structure to continue downward. When this happens and Gold increases bearishness especially when bouncing below the neckline this will complete the whole formation and will activate downside targets within the 1760 level marked in my chart in black. Once these zones are reached it has to be elevated how Gold approaches these and if there comes an initial stabilization which is not unlikely or Gold set up to continue further bearishly, it will be an important and interesting development ahead. In this manner, thank you for watching my update-analysis about GOLD and the potential double-top-formation completing within the next times, great when you support it with a like and follow or comment for more market insight! "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 market.
OANDA:XAUUSD
by VincePrince
11
NATURAL GAS, Century Descending-Wedge Breakout Incoming!Hello, Welcome to this analysis about Natural Gas and the monthly timeframe perspectives. Natural Gas over the last times as I discovered has built a massive formation which will be an important source in the upcoming times and especially when it completes the developments happening after the confirmation will be huge. Besides that, there are also other fundamental factors that play into a potential bullish increase and the developments that can be seen in real price-action. Therefore I am looking at all the important levels and upcoming determinations we should consider with Natural Gas's established structure and the upcoming movements ahead of the next times. Structural Technical Developments: As when looking at my chart we can watch there how Natural Gas has formed this major formational structure with several bounces to the upside from the lower supports every time holding these supports and increasing with volatility and volume which is a good sign for stabilization. Furthermore mainly Natural Gas is forming this massive reversal formation, this formation is a descending-wedge-formation which is known as a solid bullish reversal formation. Natural Gas already managed to complete the coherent wave-count from A to E in this formation and is now penetrating the upper boundary of the formation with the recent bullish move. Besides that Natural Gas is now holding above the 35-EMA in red and the 100-EMA in green which it had previously as resistance and is now appropriate support. Upcoming Perspectives And Fundamentals: Taking all these factors into the consideration this formation has a good potential to complete in the upcoming times which will happen with a final breakout above the upper boundary, this will complete the formation and will also activate upside targets marked in my chart within the 10 areas. From a fundamental perspective, there is the thing with governments altering the gas price higher with setting taxes and extra fees on the gas because more and more governments looking to increase renewable energies these are measures actively taken by governments to switch from fossil energy to renewable. This is why the actual gas price will go up higher in the next times to come as the regulatory body step by step is setting the price higher which is also corresponding with the technical development suggested, therefore the bullish case has an increased likelihood here, it will be an interesting journey ahead. In this manner, thank you for watching my update-analysis about NATURAL GAS and the main descending-wedge and its breakout likely to emerge in the upcoming times, great when you support it with a like and follow or comment for more market insight! "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 market.
N
by VincePrince
7
USDJPY, Major Head-Shoulder-Formation, Completion And Objection!Hello, Welcome to this analysis about USDJPY and the 2-hour timeframe perspective. USDJPY as I discovered in recent times is developing decisive structures that will determine the upcoming destinies in a significant manner. Therefore I detected all the important levels, upcoming determinations, and validations we should consider with USDJPY in this timeframe perspective. For now, there is the possibility for a certain trade opportunity especially when the main formation completes here. As when looking at my chart we can watch there how USDJPY is forming this main head-and-shoulder-formation in the structure marked with the neckline in blue. The left shoulder and the head of this formation are almost already completed and now USDJPY is about to complete the right shoulder of the formation which will finalize the whole formation, this finalization happens when USDJPY breaks out below the neckline in a bearish manner as it is marked in my chart. Such a breakout below the neckline will activate further bearish pressure continuation to the downside and USDJPY will appoint the dynamic-target-zone marked in my chart in blue. It is likely that this target-zone will be reached in the schedule and accelerates more when USDJPY increases strongly bearishly below the neckline. This whole structure development can be traded either aggressively with an immediate entry or conservative with an entry after confirmation, although the aggressive entry is also possible the conservative one will be much smarter and should be preferred, traders should decide according to individual risk preferences. Once the target-zone has been reached the situation needs to be elevated anew. In this manner, thank you for watching my update-analysis about USDJPY and the main head-shoulder-formation development likely to complete in the near future and the upcoming alignments once it is confirmed, great when you support it with a like and follow or comment for more market insight! Information provided is only educational and should not be used to take action in the market.
by VincePrince
13
DXY Index, Bearish Reversal High Likelihood!Hello, Welcome to this analysis about the US-Dollar Currency Index, we are looking at the 4-hour timeframe perspectives. As I detected recently the index is forming an important formation that has a high possibility to be the origin of a bearish reversal to the downside that should not be underestimated. As when looking at my chart now we can watch there that this is an ascending-wedge-formation which I have marked with the blue boundaries. Within this wedge, the index has its coherent wave-count with the waves A to E already completed and therefore technically the wave-count-basis of the wedge finalized. This is why the likelihood that the wedge confirms bearishly to the downside in the near future is higher, such confirmation will finally happen when the index closes below the lower boundary of the formation which will be the origin for further bearish downside price-action as it is marked in my chart with the final confirmation. Once the whole wedge-formation is completed bearishly the index will appoint the target-zone and when the targets have finally reached the situation needs to be elevated anew if the index manages to hold this zone or continues bearishly further. In this manner, thank you for watching my analysis about the DXY Index and the highly likely bearish reversal incoming in the near future, great when you support it with a like and follow or comment for more market insight! Information provided is only educational and should not be used to take action in the market.
TVC:DXY
by VincePrince
6
GOLD, Is Building MAIN H-S-Formation, DECLINES Highly Likely!Hello, Welcome to this analysis about GOLD, we are looking at the 4-hour timeframe perspectives. As already mentioned in the former analysis GOLD also completed a key ascending-wedge-formation in the structure and recently already reached the first short-term-target in the schedule, if you did not see this analysis already I highly recommend it to watch to have a full-depth-overview because this analysis is also coherently building up on it. In the current situation, the bearish perspective should not be kept by side and in this structure, I detected all the important levels and likely determinations we should consider with GOLD in the developed formation and upcoming developments. Formational Structures: As when looking at my chart we can watch there how GOLD has shown up with this heavy bearishness since the wedge-breakout-confirmation I mentioned in the previous analysis, such a high volatility movement normally indicates further continuations to the downside. Besides that GOLD is now building this major head-and-shoulder-formation in the structure with the left shoulder and the head almost already completed. Now the right shoulder is also about to complete and it is likely that there comes a bounce that moves into the local resistance marked in my chart in red where several resistances coming together and building this serious cluster also together with the 45-EMA in red and the 65-EMA in green. Upcoming Perspectives: Taking all these factors into the consideration now GOLD is in a bearish situation where further declines have a high possibility, together with the wedge-development I mentioned in the former analysis this structure is likely to continue to the downside once GOLD completes the head-and-shoulder-formation bearishly which will happen with a breakout below the neckline. In this case, it will be the setup for the bearish continuations and especially interesting is that the ascending-wedge-target matches with the head-and-shoulder-target. Once these zones have been reached the situation needs to be elevated anew and if GOLD manages to back-up in the structure or continues bearishly. In this manner, thank you for watching my analysis about GOLD, great when you support it with a like and follow or comment for more market insight! "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.
OANDA:XAUUSD
by VincePrince
17
GOLD, Completes Ascending-Wedge Bearishly, Objections Ahead!Hello, Welcome to this analysis about GOLD, we are looking at the 4-hour timeframe perspectives. As already mentioned in the previous analysis GOLD moved into important resistances on the weekly chart and showed up signs of bearish pullbacks likely to happen, if you did not see this analysis already I highly recommend it to watch to have a full-depth-overview. Now on the more local 4-hour term, I detected a major formation that GOLD also already recently completed with a bearish pullback to the downside and is now confirming this whole structure. Therefore I detected all the important levels and likely determinations we should consider with GOLD in the established structure and upcoming movements. Structural Developments: As when looking at my chart we can watch there how GOLD has developed this massive ascending-wedge-formation on the 4-hour term. In this formation, GOLD has a coherent wave-count which already completed with the waves A to C and had a meaningful reference-point in this wedge which is the 20-EMA above which the price-action within the wedge developed. Now as GOLD moved below the lower boundary and below the 20-EMA this zone is serving as resistance. GOLD has established this major resistance-cluster in the structure marked in my chart in red where several resistances coming together consisting of the upper-horizontal-resistance and also the lower boundary of this whole wedge-formation. Upcoming Determinations: The next times it is likely that GOLD pulls back from this major resistance-cluster and continues to the downside after this, such a price-action will be the final confirmation of this whole wedge-formation and activated the initial target-zone as the short-term-target-zone marked with the dashed trend-line. Once this target-zone has reached it needs to be elevated how GOLD reacts to it because there is still solid support lying however when this development is highly bearish with increased volume and volatility it will be highly possible that GOLD continues to the downside after a bounce. For now, the initial pullbacks should be expected after that further developments will clear it. In this manner, thank you for watching my analysis about USDCHF , great when you support it with a like and follow or comment for more market insight! "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:GOLD
by VincePrince
11
MA, DECISIVE Head-Shoulder-Formation, Likely To Complete Next!Hello, Welcome to this analysis about MA, we are looking at the 4-hour timeframe perspectives. The world is constantly changing more and more so also the payment processing world. In times of emerging central-bank-digital-currencies besides the already existing cryptocurrency market, classical payment providers need to find a solution to hold on with the trend. When the central-bank-digital-currencies should be implemented as expected it will be highly likely that apps will launch with which the payments can be processed, this can also potentially decrease the usage of plastic card payments, in this case, classical payment providers such as credit cards need to look how they can arrange to hold on with these new forms of payments. On the technical side now I discovered how MA is building an important formation that has a higher possibility to confirm bearishly to the downside, therefore I detected all important levels and upcoming determinations. As when looking at my chart we can watch there how the stock has formed this massive head-and-shoulder-formation in the structure with the left shoulder, the head already fully completed and now with the right shoulder about to complete with the last movements. The bearish volatility with which the right shoulder has formed is important here as this kind of heavy downside volatility indicates a continuation to the downside which additionally adds to the bearish head-and-shoulder-formation-confirmation scenario. When the stock now finally closes below the neckline in blue this will complete the whole formation bearishly and will be the origin for further bearish continuations to the downside as well as activation of the target-zone within the 328 level marked in my chart in blue. Once this target-zone has been reached the situation needs to be elevated anew and if the stock manages to stabilize in this structure or continue bearishly to the downside which should not be kept by side depending on how the bearish developments establish. In this manner, thank you for watching my analysis about USDCHF, great when you support it with a like and follow or comment for more market insight! "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.
NYSE:MA
by VincePrince
4
FB, Completes Ascending-Wedge, Downward Continuations Likely!Hello, Welcome to this analysis about FB, we are looking at the 4-hour timeframe perspectives. As I discovered recently the stock has formed an important and decisive formation that gives the indication for a complete bearish reversal with further declines to follow up in the near future. This formation is an ascending-wedge-formation marked in my chart with the black boundaries. Within this formation the stock already completed the wave-count and recently formed the breakout below the lower boundary this completed the ascending-wedge bearishly to the downside and for now, there is the possibility that the stock snaps back to the 45-EMA marked in red to confirm this level as resistance and continue the downward journey. When this additional pullback emerges the stock will move on with the continuation till the targets are reached, in this target zone marked in my chart in blue within the 290 level there is also some good support lying in which the stock has the ability to stabilize and reverse when the sufficient demand show up however it needs to be elevated how the stock approaches this zone, it will be an important and interesting development ahead. In this manner, thank you for watching my analysis about FB and the main decisive ascending-wedge-formation that recently completed being the origin for upcoming downward continuations, great when you support it with a like and follow or comment, 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:META
by VincePrince
12
GOLD, Further Declines Likely To Follow, Crucial Scenarios!Hello, Welcome to this analysis about GOLD, in which I am looking at the weekly timeframe perspectives. In recent analysis, I already mentioned that GOLD has developed this massive descending-channel-formation in which it has serious local resistances likely to show up with pullbacks to further bearish continuations, if you did not see this analysis already I highly recommend it to watch as this is building a coherent follow-up to the previous one. On the weekly timeframe perspectives now I discovered meaningful developments GOLD is forming that will play a decisive role in the next hours, days, and weeks. For now, we should not keep the bearish perspective out of sight as there are significant signs of an increase in it. Structural Developments: When looking at my chart now we can watch there how GOLD on the weekly timeframe perspective reached critial points which have a bearish indication. Firstly it is the 50% Fibonacci-retracement into which GOLD moved and immediately pulled back which is a serious bearish sign, further it is the 20-EMA marked in red from where GOLD also pulled back and now is forming this spinning top candle on the weekly which is a bearish reversal candle. GOLD additionally has also meaningful resistance within this zone from 1820 to 1830. These are the levels also matching with the 35-EMA and 100-EMA with the local resistance I already mentioned on the 2-day timeframe perspective analysis before. Upcoming Determinations: Taking all these factors into the consideration now GOLD is in a situation in which it has developed bearish signs that will be crucial in the upcoming times. As already spotted on the more local timeframe perspectives there are also bearish developments likely to set up for further bearish legs to the downside. When GOLD moves below the 1740 level into the wave-C-extension-zone as it is marked in my chart then it will protract the wave C in the wave-count to the downside and will appoint the lower descending-trend-line. For now, these perspectives should not be underestimated and it is important to rightly prepare on such developments to do not get overwhelmed by circumstances when they finally happen. In this manner, thank you for watching my analysis about GOLD and the crucial bearish developments forming now also on the weekly timeframe perspective, great when you support it with a like and follow or comment, 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.
TVC:GOLD
by VincePrince
15
DAX Index Is Forming This Decisive Ascending-Wedge-Formation!Hello, Welcome to this analysis about the DAX Index in which we are looking at the 4-hour timeframe perspectives. In trading, it is always necessary to assess the market by a neutral perspective to come up with the most possible scenarios and move on with the opportunities resulting out of it rather than over-speculating the market into a one-sighted direction in which one does not have an exit plan and gets overwhelmed by circumstances when they show up. In this case, now I discovered a very interesting formation developing in the Dax Index and what are important factors, upcoming determinations, and aftermath-developments we should consider in this structure. Structural Developments: As when looking at my chart now we can watch there how the Index has emerged with this major ascending-wedge-formation in the structure marked in my chart with the black boundaries. Within this ascending-wedge the Index has the coherent wave-count with the waves A to E almost all already completed and now the index already showed up with an increased bearish pullback from the 15800 level in which it is testing and penetrating the lower boundary of the formation now again. Furthermore, it is necessary to register that the index moved below the 45-EMA marked in my chart in red which was previously support and is now a strong resistance by which a pullback is highly likely. Upcoming Determinations: Taking all these factors into the consideration the index is in a decisive situation now as when bearishness increases further in the near future this will lead to a breakout below the lower boundary and such a breakout, as it is marked in my chart, will complete the ascending-wedge-formation bearishly to the downside and the index will highly possibly move on with further bearishness to the downside. The final wedge-completion will activate the targets within the 14800 level marked in my chart in blue and when these targets are reached the situation needs to be elevated anew, it is also strong support therefore a stabilization in this structure has increased potential. In this manner, thank you for watching my analysis about the DAX Index and the important decisive ascending-wedge-formation currently forming, great when you support it with a like and follow or comment, 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.
XETR:DAX
by VincePrince
5