Neo Wave
LQTY ROADMAP (2D)Before anything, pay attention to the time frame, the time frame is big.
From where we put the red arrow on the chart, it looks like the LQTY correction has started.
This appears to be an ABC correction with a more complex pattern now that we are in wave C.
Wave C appears to be a diametric diamond. We are now in the middle of wave E of this diametric.
It can move from the red box to the green box.
We are looking for sell/short positions in the supply range.
We have such a view on LQTY.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
CFX ROADMAP (1D)From where we put the red arrow on the chart, it looks like CFX is forming a big triangle, and we are now in the middle of wave D of this triangle.
Wave D looks like a diamond diametric. It seems that we are in the middle of the F wave of this diametric.
It can move from the red box to the green box.
We are looking for sell/short positions in the supply range.
We are looking for buy/long positions in the green range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
RVN Looks BearishRVN appears to be within a large diametric. From where we put a red arrow on the chart, it looks like the G wave started from this diametric.
The G wave itself also looks like a diametric diamond, and now we seem to be in the middle of the G wave.
From the supply range, it can drop to the specified TPs on the chart.
We are looking for sell/short positions in the supply range.
The targets are marked on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
EURUSD ForecastingEUR/USD Forecasting: A Complex Task
EUR/USD forecasting is a challenging endeavor due to numerous factors influencing its price movement. These include:
Economic Indicators: GDP growth rates, inflation, unemployment rates, and interest rate decisions from the European Central Bank (ECB) and the Federal Reserve (Fed) significantly impact the exchange rate.
Geopolitical Events: Global conflicts, trade tensions, and political instability can cause sudden and substantial shifts in the EUR/USD.
Market Sentiment: Investor confidence, risk appetite, and speculative trading can drive short-term fluctuations.
While there's no foolproof method for predicting future EUR/USD prices, here are some approaches:
Fundamental Analysis
Economic Calendar: Monitor key economic releases from both the Eurozone and the United States.
Central Bank Policies: Analyze interest rate decisions and monetary policy statements.
Geopolitical Factors: Stay updated on global events that could affect the Euro or the Dollar.
Technical Analysis
Chart Patterns: Identify recurring patterns like head and shoulders, triangles, and double tops/bottoms.
Indicators: Use tools such as moving averages, Relative Strength Index (RSI), and Stochastic Oscillator to gauge momentum and overbought/oversold conditions.
Support and Resistance Levels: Pinpoint price levels where the market has historically turned around.
Quantitative Analysis
Statistical Models: Employ statistical methods like regression analysis and time series modeling to identify relationships between variables and predict future prices.
Machine Learning: Utilize algorithms to learn from historical data and make predictions.
Expert Opinions
Economists and Analysts: Follow the insights of experts in the field to gain valuable perspectives.
News and Market Commentary: Stay informed about current market trends and opinions.
Important Considerations:
No Guarantees: Even the most sophisticated forecasting methods cannot guarantee accurate predictions.
Risk Management: Implement risk management strategies to protect your capital.
Diversification: Consider diversifying your investments to reduce risk.
For real-time data and analysis, I recommend using financial platforms such as:
TradingView: Offers charts, indicators, and news.
Bloomberg Terminal: Provides comprehensive financial data and analysis.
Reuters: Offers news, market data, and analysis.
Would you like to explore any of these methods in more detail, or do you have a specific question about EUR/USD forecasting?
Minimum Target for TRX of 22 cents in September (Elliott Wave)TRX has formed into a running c-failure flat corrective pattern, with wave-c forming a very large 5th wave extension terminal impulse. Glenn Neely told me last week when working on this count that terminal impulse patterns often go on for longer and further than most people expect, and this occurred here because wave-c was much longer and larger than what would have otherwise been expected, such as the max time target of a+b, and the max price target of c=a both being exceeded (red boxes).
We're also seeing a strong bounce now which is a probable sign of a bottom right as wave-5 is equal to wave-1+3 in price and wave-1+2+3+4 in time. All these signs are very very good that we are about to continue the larger break out that I have been talking about for several months!
The minimum target of 22 cents comes from the strength exhibited by the c-failure flat pattern which implies we should see a move that is at least 161.8% of wave-1 (assuming it is wave-1 and not something else). It's also possible wave-1 and 2 are mislabeled and actually an even larger pattern is ending at wave-2. This would mean that we see a move which far exceeds 22 cents in September!
This all coincides very well with the memecoin strategy being employed now by Justin Sun which will bring tons of marketing attention on TRON as traders continue to get rich from memecoins like they did with SUNDOG and SUNCAT.
I've also launched my own memecoin on Sunpump called FEELS which I believe could be very successful in the future, and is backed by a diversified reserve of tron-based crypto assets and memecoins.
COTI ROADMAP (12H)From where we placed the red arrow on the chart, it seems that the COTI correction has started.
This correction seems to be a diametric.
From the red range, it can drop to the lower areas.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You