Get started

Vinceprince

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
CADEUR, Double-Top-Formation, Completion Below Neckline!Hello, Welcome to this analysis about CADEUR, we are looking at the 4-hour timeframe perspectives. As I discovered recently CADEUR has completed a very important formation which can be the determining factor in the upcoming times especially when CADEUR continues as expected. As when looking at my chart now we can watch there how CADEUR has formed these two tops referring to a double-top and recently formed the breakout below the neckline marked in red which is also a strong resistance now because it was support before. In this structure CADEUR has emerged with this initial impulse to the downside forming the wave A in the structure and now CADEUR with the bounce into the neckline and the resistance lying there is developing the wave C in the wave-count. There is a highly likely possibility given that CADEUR will pullback in this resistance and therefore form the origin of the further impulse wave C to the downside, this wave then will have its targets within the 0.6674 level marked in my chart in blue. Currently CADEUR is still finding the trend therefore when it finally breaks out below the 0.673 level it will fully confirm the bearish impulse to the downside and approach the targets from where the situation needs to be elevated anew. In this manner, thank you for watching my analysis, have a good day, will be great when you support it with a like and follow or comment, 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
10
GOLD, Approaches Crucial Resistance, Pivotal Determinations!Hello, Welcome to this analysis about GOLD, we are looking at the 6-hour timeframe perspectives. GOLD, as mentioned already in the previous analysis, was in the condition to show up with this main relief rally which now happened as expected and for now GOLD reached the determining zones I already suggested in the previous analysis. Furthermore, I detected other technical factors which are meaningful in this structure and especially in the upcoming times can lead to increased volatility and also potential pullbacks, therefore it is necessary to do not rush for set conclusions and look at how it is developing to do not get overwhelmed by circumstances when the market finally increases with volatile developments. Structural Developments: As when looking at my chart we can watch there how GOLD now showed up with this bullishness and bullish continuation above the 1790 level which was previously support, after this GOLD moved onward and is now directly running into this major resistance-cluster marked in my chart in red. In this resistance-cluster GOLD has in the structure several resistances coming together consisting of the descending-resistance-line in black, the 100-EMA in red, and also the horizontal resistance at the 1814 level. All these factors giving the indication that pullback out of this range has a high possibility to follow up in the next times especially when the supply dynamic also increases. Upcoming Determinations: For now GOLD is forming this decision-zone between the 65-EMA in green and the 100-EMA in red with the dynamic decision-range marked in my chart in grey. When GOLD now finally closes below the 65-EMA in green and also increases bearish price-action below this level this will be the confirmation for more protracted bearishness to the downside and an increase of bearish price-action is likely to emerge. For now, it will be important to determine how GOLD moves below the 65-EMA in green, therefore, it is necessary to do not to keep the bearish perspective out of the desk here as this is omnipresent. Better is it to be properly prepared on it for a possible short-entry, it will be an important and interesting journey ahead. In this manner, thank you for watching my analysis about GOLD and the important resistance-cluster-zone it is approaching with the upcoming pullbacks likely to emerge from this zone, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, 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
12
DOW JONES, Massive Bull-Flag-Formation Completed, Targets Ahead!Hello, Welcome to this analysis about the DOW JONES Index, we are looking at the 4-hour timeframe perspectives, the recent events, the established formational structure, and what we should consider in the upcoming times. In my analysis I discovered that the Index has completed a substantial formation on which it can build up on and approach main target-zones. This formation is a descending-bull-flag-formation and is marked in my chart with the black boundaries, what is important here is that the Index already fully completed the ABC-wave-count in the structure and holds above the 35-EMA marked in red. Recently the Index formed a dedicated breakout above the upper-boundary of the formation as it is marked in my chart and is forming this consolidational development in this structure marked in my chart in blue. All these events indicating the further continuations to the upside and as the Index already completed the bull-flag with the confirmational breakout this activated the upside-targets at the 35625 level. When the targets are reached it has to be elevated if the Index continues further bullishly right away or a pullback firstly establishes. In this manner, thank you for watching my analysis about DOW JONES Index and its bull-flag-formation completion with the activated target-zones and upcoming perspectives, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, 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
22
SEKRUB, Ascending-Wedge, Bearish Breakout Incoming!Hello, Welcome to this analysis about SEKRUB, we are looking at the 12-hour timeframe perspectives. As I discovered SEKRUB is forming an important structure here that can indicate further bearish developments ahead of next times. When looking at my chart we can watch there how SEKRUB has now built this ascending-wedge-formation in the structure which is on most occasions a bearish-continuation-formation. Besides that SEKRUB is now approach this major resistance-cluster with the ending of wave C where several important resistances coming together such as the descending-resistance-line in black, the horizontal resistance in blue, and also the 65-EMA marked in my chart. SEKRUB on the higher timeframes such as the weekly chart has a clear horizontal resistance in this level. All these factors indicating that the ascending-wedge will complete in the near future and when this happens it will activate the downside-targets and likely reach them within the schedule. In this manner, thank you for watching my analysis about SEKRUB and the ascending-wedge that has a high possibility to complete and activate descending-price-action, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, 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
JPYNZD, Decisive Bull-Flag-Formation, How It CompletesHello, Welcome to this analysis about JPYNZD, we are looking at the 12-hour timeframe perspectives. As I recently detected JPYNZD is forming this interesting structure with mainly this decisive descending-bull-flag-formation formed and the wave-count from A to C almost already completed in the flag-formation. Besides that, the wave-count in the flag and the flag itself form the wave C of the major wave-count to the upside. This flag-formation finally confirms with a breakout above the upper-boundary as it is marked in my chart and such a breakout with a sustainable stabilization above the boundary will be the setup for the further continuations to the upside as well as activation of the upper bull-flag-target-zone marked in my chart in blue in the 0.01323 level. When the breakout completes as suggested the targets will be reached with a high possibility likelihood and after this has happened the situation needs to be elevated anew with JPYNZD either continuing bullishly or moving into a reversal which would not be unlikely. In this manner, thank you for watching my analysis about JPYNZD and the main bull-flag-formation with the likely breakout incoming and activation of upside-targets ahead of next times, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, 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
3
JPYCAD, Triangle-Breakout Incoming, Targets When Completed!Hello, Welcome to this analysis about JPYCAD, we are looking at the 4-hour timeframe perspectives. As I discovered in my analysis JPYCAD has now developed this main triangle-formation in the structure marked with the boundaries in blue and the coherent ABC-wave-count within. As JPYCAD recently bounced in the lower boundary of the triangle this happened with great volatility and is the indication that the triangle-breakout above the upper-boundary will follow in the next times. When this happens JPYCAD will settle above the upper-boundary of the triangle to provide the right setup for the continuational movements to the upside. The breakout will also activate the targets marked in my chart in the blue level at 0.0113. When JPYCAD reaches these zones which likely will happen when the triangle completes it has to be elevated if JPYCAD manages to continue bullishly or firstly forms a reversal in the structure, it will be a interesting journey ahead. In this manner, thank you for watching my analysis about JPYCAD and the triangle-formation-breakout likely to come up in the next times, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, 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
7
ZARJPY, Bearish Triangle-Formation, Declines Incoming!Hello, Welcome to this analysis about ZARJPY, we are looking at the 4-hour timeframe perspectives. As when looking at my chart we can watch there how ZARJPY has developed this bearish wave-count to the downside and has now formed this bearish symmetrical-triangle-formation marked in my chart with the black boundaries. Within this formation, ZARJPY has the coherent wave-count almost already completed and has the 100-EMA as strong resistance. All these factors give the indication that the triangle-formation will complete in the next times bearishly to the downside, when this happens it will be the set-up for the bearish continuations to the downside and the activation of the main initial target-zone at the 7.45 level marked in my chart in blue. When this level is reached it has to be elevated how ZARJPY continues and if there comes a potential reversal or further heavy bearish declines will follow up. In this manner, thank you for watching my analysis about ZARJPY and the bearish triangle-formation-breakout likely to come up in the next times with the targets to be activated, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, 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
5
CHFNZD, Volatility-Developments In Channel, Bounce To Establish!Hello, Welcome to this analysis about CHFNZD, we are looking at the 45-minute timeframe perspectives. As I discovered in the last times CHFNZD has formed this main descending-channel-formation in which it has a coherent wave-count with the waves A to C almost already completed and now with the wave C testing the lower accumulation-channel marked in green in my chart where CHFNZD already bounced several times to the upside and is now also likely to do so. A new bounce in this accumulation-channel will lead to the development of the wave D in the structure in which CHFNZD will move on and test the upper distribution-channel marked in red anew from where the wave E will have its origins with a high possibility. When such a wave E emerges then it will complete the whole wave-count and test the lower supports in the structure from where the dynamic needs to be elevated anew. Currently, we should expect CHFNZD to continue with its wave-count and bounce in the structure to emerge with wave D and test the upper zones anew. In this manner, thank you for watching my analysis about CHFNZD and it channel-formation-structure with the upcoming volatilities and measurements to expect, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! Information provided is only educational and should not be used to take action in the markets.
by VincePrince
7
J&JOHNSON, Ascending-Triangle-Formation, Completion Incoming!Hello, Welcome to this analysis about the stock JOHNSON&JOHNSON, looking at the 4-hour timeframe perspectives. In my analysis recently I detected an interesting formational structure with J&J which has the ability to show up a determined breakout. As the corona pandemic moved on there emerged several pharmacy companies wanted to invent the covid-19 vaccines, one of them is J&J, now as these vaccines finally emerged there have been sharp rallies in the other companies already especially when the demand at the beginning of the vaccine launches has risen. Now as the demand keeps increasing and the companies distribute to new markets these demand-runs come in waves, as traders we can catch such opportunities in the market when the fundamental signs also give a positive indication for a rise or a fall in a stock like it is the case with these pharmacy companies in the last months. From the technical point of view, J&J is building this massive ascending-triangle-formation with the waves A to C already completed. Now J&J is about to form the wave D and this wave D so far has shown up with increased volatility to the upside which is a good sign. Furthermore, J&J managed to bounce in the 200-EMA and the next time we can expect the stock to rightly test the upper-boundary as it is marked in my chart from where the wave E will have its origins, when then the wave E manages to stay in the channel and possibly also bounce in the blue confirmational-bounce-cluster this can lead to the final breakout and completion of the ascending-triangle-formation. In this case it is highly necessary that there do not come any bad news for the vaccine distribution such as a break in the supply chain or something else that can lead to a decline in the stock, when this not happens the breakout is likely to show up after the wave-count completed. In this manner, thank you for watching my analysis about JOHNSON&JOHNSON with the current fundamental aspect as well as the major triangle-formation forming, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, 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.
NYSE:JNJ
by VincePrince
4
WTI OIL, Develops Main Ascending-Wedge, Breakout Incoming!Hello, Welcome to this analysis about WTI OIL, we are looking at the 4-hour timeframe perspectives. On the weekly timeframe, WTI OIL is approaching a historical level at the 75 zones and besides that, I discovered important signs that will be a determining source for WTI OIL on the more local 4-hour timeframe perspectives. Currently, it is important to do not underestimate the upcoming bearish possibilities as WTI OIL moved into increased overbought conditions on the daily as well on the more local timeframe perspectives, this is why it should be definitely positive to be prepared on potential changes of direction and do not take up the bullish approach forever to do not get overwhelmed when the market conditions and volatility direction alters. As I discovered now and when looking at my chart we can watch there how WTI OIL build up this massive ascending-wedge-formation in the structure marked with the boundaries in black and the coherent wave-count within. The wave counts almost already completed with the waves reaching from A to E in the structure and pulling back from the upper boundary, this is why continued entry of supply is possible here and should be expected in the next times. Such a formation is in almost most occasions a formation indicating a bearish reversal with heavily increased volatility to the downside when it completes. This is what should be also expected here. Taking these factors into the consideration now WTI OIL is likely to complete the main decisive ascending-wedge-formation in the next times when price-action breaks out below the lower-boundary and closes there as it is marked in my chart. Such a price-action will complete the whole formation and will be the setup for bearish continuations to the downside with the activation of the main lower target and support-zone marked in blue where the situation needs to be elevated anew. For now, it is necessary to anticipate potential increased bearishness within the next times and to do not keep the resulting volatility that can increase out of it from the desk, it will be an important development ahead. In this manner, thank you for watching my analysis about WTI OIL and the massive ascending-wedge which is likely to complete in the next times, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, 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:USOIL
by VincePrince
2
NZDUSD, Solid Descending-Wedge-Breakout, Upside-Targets!Hello Traders Investors And Community, Welcome to this analysis about NZDUSD, we are looking at the 4-hour timeframe perspectives. NZDUSD in the last times as I discovered has formed some interesting formational structures that can be the origin for further potentials and increased volatility. As when looking at my chart we can watch there how NZDUSD is firstly in this major ascending-channel-formation in which it established this wave-count to the upside and in this wave-count recently completed the wave B with this descending-wedge-formation bullishly to the upside with great volatility, this completed the wedge and is the main origin for further volatilities likely to come up in the next times. It is possible that NZDUSD bounces in the blue area which will be the appropriate further confirmation and after that the activated targets will be approached mainly within the 0.173 level from where the situation needs to be elevated anew, it will be an interesting development. In this manner, thank you for watching my analysis NZDUSD and the descending-wedge-breakout as the origin for upside-targets and upcoming volatilities, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, 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
6
GOLD, Initial Relief-Rally To Emerge, Important Zones!Hello Traders Investors And Community, Welcome to this analysis about GOLD on the 4-hour timeframe perspectives. As already mentioned in the former analysis on the more global perspectives of 12-hours or higher GOLD is within this massive descending-channel-formation in which it is likely to test the remaining resistances and after that move on with its downtrend in the structure. Now as I detected in my analysis on the more local 4-hour timeframe GOLD moved into important support zones and the structure is indicating a relief-rally to test the remaining resistances which is also confirming the assumption of the broader perspectives, therefore I detected all the important levels and likely destinies we should consider with GOLD in the next times. As when looking at my chart now we can watch there how GOLD has bounced firstly from this ascending-trend-line marked in black where GOLD had important supports before and now bounced there again, furthermore GOLD moved into an overbought condition and also has horizontal support lying within this structure at the 1770 level. Taking these factors into consideration GOLD has the ability to first show up with bounces here which will test the descending-trend-line marked in grey in my chart. When then GOLD is strong enough and bullishness can increase further this can lead to a breakout above the descending trend-line and such a breakout will be the activation for GOLD to test the further remaining resistance at 1810 as marked in my chart. Now when GOLD manages to form these movements and develop the breakout to test the major resistance this does not mean GOLD is completely bullish as already suggested there is still this overall bearish tendency on the more global term. This is why it will be extremely important on how GOLD approaches this strong remaining resistance and how it follows up from there, when a strong pullbacks sets in this has the possibility for GOLD to take up the downtrend again which should not be underestimated. However, till then we should keep patient and elevate the final destinations before rushing into trades that do not satisfy as this is an important virtue for a trader and distinguishes real trading from mere speculation. In this manner, thank you for watching my analysis about GOLD and the upcoming relief rally we should expect; will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information is only educational and should not be used to take action in the market.
TVC:GOLD
by VincePrince
15
USDJPY, Descending-Bull-Pennant, Breakout Incoming!Hello Traders Investors And Community, Welcome to this analysis about USDJPY on the 4-hour timeframe perspectives. As I discovered recently USDJPY is forming a very interesting formational structure that can lead to a dedicated breakout when USDJPY shows up with the right price-actions in the schedule. As when looking at my chart now we can watch there how USDJPY established this major descending-bull-pennant which is in most occasions a bullish-continuation-pattern setting up a further continuation to the upside, this is also likely to happen here as USDJPY already finalized the wave-count within the formation of a final breakout above the upper boundary of the formation will complete the formation and will activate upside-targets marked in my chart in blue. The whole structure can be traded either with aggressive entry while price-action still stays in the formation or with conservative entry after the breakout has emerged, although the aggressive entry is also possible the conservative one will be the much better option, traders need to decide according to own risk preferences. When the upside targets are reached the situation needs to be elevated anew. In this manner, thank you for watching my analysis about USDJPY and the descending-bull-pennant that awaits a dedicated breakout with activation of upside-targets in the next times; will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! "Good luck is when opportunity meets preparation." Information is only educational and should not be used to take action in the market.
by VincePrince
22
NASDAQ, Penetrates Key Upper-Boundary, Upcoming Perspectives!Hello Traders Investors And Community, the NASDAQ in recent times as I discovered is showing up with some interesting signs in the structure as there remain important resistances it can also not be kept from the desk that there is a potential to see a determined continuation of the previously established uptrend therefore however the NASDAQ needs to show decisive price-action in which it has the ability to breakout above this main ascending-channel-formation I discovered recently. When this is the case and the NASDAQ manages a sustainable breakout with an increase of spread and volatility this can lead to great upcoming potentials in the structure and activation of further targets, therefore I detected all the important levels and likely destinies we should consider. As when looking at my chart we can watch there how the NASDAQ developed this massive ascending-channel-formation in which it has two significant zones, the first is the lower accumulation range and the second is the higher distribution range. Furthermore, the NASDAQ has the coherent wave-count within the channel in which it already completed the waves A to C in the structure and is now approaching the distribution range once again which is a very likely origin of wave D to the downside as the distribution will follow-up here. This wave D will then move on to test the lower accumulation range marked in green which is an important zone to hold and back up for the NASDAQ. Taking all these factors into the consideration it will be highly important on how the NASDAQ continues within this channel-formation, when it moves on with the wave-count as expected and completes it to finally show up with further bullish demand-increase this can lead to a dedicated upside-breakout sooner or later in which NASDAQ will provide the right setup for a wave-E-extension to the upside with increased spread and volatility as it is seen in my chart. For now it will be important on how the NASDAQ moves on with the developments especially with the incoming distribution when this shows up as expected the further assumptions can be made, it will be an interesting journey to come. In this manner, thank you for watching my analysis about the NASDAQ and this massive ascending-channel-formation, the coherent wave-count, and what exceptional determinations we should expect in the upcoming times, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! Information is only educational and should not be used to take action in the market.
TVC:IXIC
by VincePrince
8
USDCHF, Bull-Flag In The Structure, Incoming Upside-Alignment!Hello Traders Investors And Community, Welcome to this analysis about USDCHF in which I will look at the 4-hour timeframe perspectives. USDCHF showed up with this heavy bullish volatility spiking to the upside and formed a considerable bullish pace. Besides that I detected this main ascending-channel-formation with the boundaries marked in blue and in this channel-formation USDCHF now develops this local bull-flag which is forming above the 45-EMA in red. In this bull flag USDCHF already completed the ABCDE wave-count and has now the ability to form a determined breakout when demand increases here and the supports can behold. This breakout will finally develop and complete the bull flag above the upper boundary as it is shown and marked in my chart, after this has happened it will activate upside targets mainly lies within the 0.9361 structure marked in blue also matching with the upper-boundary. When USDCHF shows up with the breakout out of the bull-flag in next times it will be the great origin for the upside targets to be pointed, for now, it will be important on how this bull-flag completes. In this manner, thank you for watching my analysis about USDCHFs bull-flag forming and the potentials ahead next time, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best! Information is only educational and should not be used to take action in the market.
by VincePrince
18