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EUR USD IdeaCowabunga, dudes and dudettes of the financial waves! It's been a radical Friday ride so far, with the dollar catching a gnarly decline and EUR/USD catching some epic waves, making it a totally tubular day, man. we totally hit a volume imbalance and filled it up like a pro, but now we're cruising without much volume at all, you know? And, like, here's the gnarly part – that daily candle is closing out super bearish when you check out the candle volumes and how the price is movin'. It's like we caught a huge wave, rode it hard, but now we're in a bit of a calm patch, man. Gotta be mindful of the vibe, you feel me? Keep your eyes peeled for what's next, 'cause the market's got some wild moves in store for us. Stay sharp, ride the waves, and let's see where this financial ride takes us, bro! 🏄‍♂️🌊 Here at Global Chart Surfers, we've decided to hang ten and gracefully close our positions, ready to catch the next righteous wave if the charts keep smiling upon us. Peace out, friends, and stay chill – come Monday, those candles will be dancing again, and life will be filled with endless opportunities to ride the financial swells. Catch you on the flip side! 🤙
Long
by themarketknight
SasanSeifi 💁‍♂️BNB /USDT👉4H Hey there,✌ ◼In the 4-hour timeframe, the price is currently trading around the $246 range. The scenario we can consider in the 4-hour timeframe is as follows: If the support zone at $242/ $240 is held, we may witness price growth toward the resistance levels at $248 and $250. 💹 🔹To better understand the continuation of the price movement, we need to observe how the price reacts to the resistance levels. If there is buying demand, there is a notable possibility of further price growth in the medium term towards the levels of $253 and $258, and it is possible to see a higher high above the $250 price range. However, if the price breaks below the $242 support level, we can consider corrective targets at , $237, and $233.💹 ◼ It is important for the positive trend to continue that the price consolidates above the $250 resistance level.❗ ❎ (DYOR)...⚠️⚜️ 🔹Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach. 🔶Wishing you successful trading and profitable opportunities! If you have any further questions or require additional assistance, feel free to ask.✌ 🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌
by SasanSeifi
-Dissecting the graphic times!-In a previous analysis (click here to see it), we had an obstacle to be overcome, the region of 3961, it was overcome, now let's analyze the possibilities of monthly, weekly and daily. -The monthly chart is showing us the possibility of an uptrend with prices not losing the 3800 region, and working above the 4100 range. -We had a strong move up from its last bottom on 10/13 from 3491 to its most recent top at 4100 where we can see a routine correction in the 50% range of all move up. -On the weekly chart, we have momentary confirmation of an uptrend with prices above 3906, targeting the previous top at 4100 in the first moment. -The 4081 region is highly relevant and needs to be overcome if the index wants to reach higher levels. If prices do not break this region (4081), we may have corrections that reach the region of 3852 again. -As with the monthly and weekly charts, the daily chart has also formed a short-term uptrend that could target the long average, or, going further, the 4083 region at the downtrend line. -Will the prevailing downtrend go away from view? We look forward to the next few days. -Do your analysis and good business. -Be Aware, If You Buy, Use Stop! -See below for other reviews.
SP:SPX
by MacD_Bollinger
The strength is missing, where's the strength?-The bias of the SPX index is still bearish as shown in previous analyses. See the reasons by clicking here and here . -Prices are still working inside the huge bearish channel and respecting the long average and LTB as resistance. -The daily chart even formed a high pivot (repeat) to try to reach the 4000 region, however, if prices do not manage to stay above 3961 we will see a test at 3800. -On the hourly chart we see prices losing the long average, therefore, it opened precedents for testing in the following regions: 3866 and 3852, where, with prices working below 3852, we can have a test at 3791. -Tesla pursued the planned target, will the asset now hold above $102? See by clicking here! -Do your analysis and good business. -Be Aware, If You Buy, Use Stop! -See below for other reviews.
SP:SPXShort
by MacD_Bollinger
2
2023, will be the year of review of "valuations"?-The risk adjustments that many "analytical houses" will make in their "rebalances" of hedged assets, will suggest that the "valuations" of the companies are high. -We may see an increase in the US interest rate, therefore, we will see the earnings expectations of companies dependent on cheaper loans being reduced quarter by quarter in the first six months of 2023. -A preponderant factor that may directly interfere with assets around the world are issues related to the containment of American inflation, which directly impacts the inflation of several countries via exchange rate and, consequently, via the interest rate of central banks, bringing even more certainty as a possible global recession. --If the first six months of the year pass without many surprises in the American inflationary field, we may have a reduction in the perception of risks, bringing again the flow of foreign capital to the most promising emerging countries, making the wheel of wealth turn again. --With so many risks on the horizon, the wisest thing for anyone looking to buy the stock market is to opt for commodity assets, or for assets with greater exposure to the external environment due to the “exchange rate” factor. -Despite so much bad news on the radar, we should not fail to look at the countless good companies that have almost priced their discounts. "Open your eyes". -Do your analysis and good business. -Be Aware, If You Buy, Use Stop! -See below for other reviews!
SP:SPX
by MacD_Bollinger
4
I threw in the towel, I'll think like Elliott!-In a previous analysis ( see here ) I showed that the cryptocurrency is inside a large descending bullish wedge and that its destination is likely to be the second “third” of the huge triangle, in the region of $11K. -Considering that the world lives from economics cycles, nothing fairer than thinking that cryptos also go through this process. -Therefore, I would like to say that we are experiencing leg 5 of ELLIOTT's theory of waves, where, after wave 5, we can have the waves of ABC corrections further ahead and surf considerable highs. -Remember, ELLIOTT's theory says the following about price behavior: “Emotion, Impulse and Subjectivity” where; a) Emotion: the emotions of buyers and sellers directly interfere with the values, and we can see a large volume and transcribe the price emotions in graphs and with that we can even establish the real price of an asset and thus make the best decision; b) Impulse: Is when investors simply follow the flow (currently falling) reflected directly in impulse, not using their decisions in technical or fundamental analysis of what the market is showing, this impulse effect is better known as “ herd effect”. c) Subjectivity: It is the sum of the emotion and impulse principles described above, therefore, human psychology has direct interference in the oscillations that occur in the market, and through this understanding, Elliot Waves serve to explain what led to the evolution or fall of price of an asset. -As relevant as understanding the principles, is understanding the patterns of this theory. -Elliott's theory patterns are divided as follows: "five trend waves" (currently falling) and three correction waves currently experienced, so we have; “12345 of trend and ABC of trend correction”. -Treating and using ELLIOTT's theory requires time and study, above, I have described only the important points, which should be detailed for better applicability in our daily lives. -ELLIOTT -Do your analysis and good business. -Be Aware, If You Buy, Use Stop! -See below for other reviews.
INDEX:BTCUSD
by MacD_Bollinger
2
-That scares me!!! But I'm glad I can sell!!!-Looking at a graph like this gives me unprecedented fear, as it seems to me that the asset is on the brink of a precipice, ready to be thrown. -The daily chart shows the possibility of a rebound to the region up to the previous bottom at $137.64, where it will pull back and look for the region of $117.36. -If there is a test in the region of $117.36, it could open a graphic abyss for the asset, where its salvation will be in the following regions: $103.30 (weekly long average) and, finally, $93.89 which I think it would be a big catastrophe if prices reach that level, but there is a big “GAP” in this region that needs to be closed. -Hour chart suggests prices are looking for the long average region at $142.82 to “pull back” and fall again. -Do your analysis and good business. -Be Aware, If You Buy, Use Stop! -See below for other reviews.
NASDAQ:AAPLShort
by MacD_Bollinger
-Accumulation of continuation?-The High pivot pointed by SETUP on the weekly chart. -First pivot high formed on the daily chart's accumulation. -Second attempted bullish pivot formed on the daily chart's accumulation. It wasn't very far. -Third and last attempt to pivot the accumulation. Will this time go after the FIBO gold region at $139.66? -Hour chart suggests that long-term (buy and hold) are defending the bottom region at $102.2, as such, we can see prices going only as low as $135.12. -Do your analysis and good business. -Be Aware, If You Buy, Use Stop! -See below for other reviews.
NASDAQ:META
by MacD_Bollinger
More falls? 4999 could be just around the corner!-The outlook for the dollar is to test the median of the channel in the 5059 range in the short term. -A large part of this perspective is due to the approval of the well-dried transition PEC, with a maximum duration of one year, but, in Brazil, everything that is temporary becomes permanent from one hour to the next, and I would not be surprised in the second half of 2023 we have a “beautiful novelty” in relation to the continuity of such PEC (with another name, of course). -The daily chart's bearish pivot shows declines to the 5016 region as the first stage. We have the long average at the moment serving as support and, just below, the median of the channel. -Will we see the dollar losing strength around the world? We have the DXY opening its beak, but it might want to make a reraise (FED)! -The hourly chart made this pivot and failed to advance, setting precedent for a retest at 5132 should prices fail to open above 5176. -Do your analysis and good business. -Be Aware, If You Buy, Use Stop! -See below for other reviews.
BMFBOVESPA:WDO1!
by MacD_Bollinger
Was it the strength of the bears or the Fed?-According to a previous analysis ( see here ), the SPX rate was unable to break through the blockade, mainly due to the increase in the basic interest rate. -At the moment we have a bearish pivot formed with destination in the median of the "mega" bearish channel as the first stop. -If the declines continue and we have prices working below 3794, we can have the following targets: 3742, 3605 and finally the FIBO gold region at 3521 as likely destinations! -Do your analysis and good business. -Be Aware, If You Buy Use Stop!
SP:SPX
by MacD_Bollinger
The BTC thirds and their supports!-Who will pray the rosary at the end of this BTC fight, “bulls” or “bears”? -For many months the “crypto” has been at full steam in a downtrend, and has not found the strength, or rather reasons, to end its predominant trend and go back up! -The above chart pattern suggests that BTC is working on a large “bullish descending wedge”. -If so, we have a long way to go to the “2nd third” of the descending triangle to find support and go back up. -According to the triangle plot (descending wedge), the “thirds” supports are: $17.8K, $10.5K and $6.3K. -It is worth remembering that the first support of the “1st third” at $17.8K was, in parts, respected, as we had prices sambaing above this region for four months until it made its decision and lost support, falling to the region of $15 ,5K. The “1st third” support coincides with the December 2017 top. -If the figure is taken seriously, we may see prices looking for support in the “2nd third” region, at $10.5K, the region of strong resistance from the “pre-covid” period. -The quest for the “3rd third”, in my opinion, will only occur if the “fundamentals” of crypto (if any) deteriorate further. -Do your analysis and good business. -Be Aware, If You Buy, Use Stop!
INDEX:BTCUSD
by MacD_Bollinger
2