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TSLA, In Determined Channel-Formation, Scenarios To Consider!Hello Traders Investors And Community, Welcome to this analysis about TSLA, we are looking at the 12-hour timeframe perspectives. TSLA since forming the high at 900 has firstly shown up with these heavy bearish alignments that should firstly not be kept by side in this whole structure. Furthermore, I detected an important formation TSLA is forming here which will be the decisive factor in the upcoming times, therefore I detected all the important levels and likely destinations we should consider with TSLA in the established structure and upcoming movements. As when looking at my chart we can watch there how TSLA built this main ascending-channel-formation in this structure with a coherent wave-count within this formation and the waves A, as well as B, already finished. Now as TSLA moved into the lower-boundary of the channel and bounced there this was the origin of the wave C to the upside which is now in development and is likely to approach the upper boundary and especially the distribution zone lying there, it is still an important zone as TSLA is likely to pull back there firstly and test the lower levels in the channel-formation before moving on with further determinations. In this case there are two potential scenarios when TSLA reaches the decision-zone, the first is a bounce to the upside in this structure from where TSLA can have the ability to built upon to possibly emerge with an upside-channel-breakout when this bullishness can hold on, the second scenario is that the bearish pressure holds and TSLA moves below the decision-zone which will lead to the testing of the lower boundary and in this case when the bearishness keeps holding on this can continues bearishness can also convert the channel into a bear-flag when TSLA moves below. These are the two main scenarios important to elevate next times after TSLA reached the distribution zone and pulled back from there and it is necessary to keep patient and await the final confirmation of either scenario A or B than to rush into final conclusions. Both ways have their own characteristics and only when the confirmation settled an appropriate action can be taken into the consideration. It will be an important development ahead. In this manner, thank you for watching the analysis, 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 is only educational and should not be used to take action in the market.

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AMZN, Develops Main Ascending-Triangle, Bullish Breakout Ahead!Hello Traders Investors And Community, Welcome to this analysis about AMZN, we are looking at the 12-hour timeframe perspectives. AMZN in recent times is in a very interesting constellation as it managed to hold its higher base-formation and is showing up with some bounces within. Besides that, I discovered this amazing ascending-triangle-formation within the structure marked with the black boundaries. Within this triangle-formation, AMZN has the coherent wave count and the waves A and B already completed. As AMZN now approaches the upper boundary of the triangle where still resistance is lying this is likely to be the origin of the wave C that will approach the confirmational-bounce-cluster from where a bounce can be expected. In this case, it is necessary that AMZN rightly holds this zone and does not falls below because this will invalidate the formation. When AMZN then manages to bounce in the structure and finally marks above the upper boundary it will be the proper confirmational breakout setup to activate upside targets mainly lies within the 3850 zones marked in blue. When AMZN reaches out to these targets it has to be elevated how it proceeds further and if there can come a continuation of bullishness right away or AMZN firstly settles for a pullback which is not unlikely in this case. For now, the upcoming bullish breakout should be expected, it will be an interesting development ahead of upcoming times. In this manner, thank you everybody for watching, support the idea with a like and follow or comment, have a good day, and 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.

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GOLD, Pullback From Main Resistance, Upcoming Perspectives!Hello Traders Investors And Community, Welcome to this analysis about GOLD, we are looking at the 2-day timeframe perspectives. As already mentioned in previous analysis GOLD was likely to pull back from the 1850 to 1900 level which also happened now and GOLD has shown up with this serious bullish alignment to the downside in which it now closed below the 35- as well as 100-EMA. In this case, now I detected all the important levels and likely determinations we should consider within the upcoming times. Structural Developments: As GOLD recently moves below the 35- as well as 100-EMA marked in red and green these EMAs are now serious resistance in the structure marked in my chart with the local-resistance batch. In this level GOLD has now the resistance over which it firstly won't likely move that fast. Besides GOLD is in this coherent wave-count and almost already completed the waves A and B in the structure with the origin of wave B as the pullback from the upper resistance. Moving in this broader descending-channel-formation it is likely that GOLD will approach the lower boundary the next time as it did and is likely in such channel formations. Upcoming Determinations: Taking these structural factors into consideration GOLD will likely continue with the establishment of the wave C to test the lower boundary which can be a potential reversal-zone however it will be crucial on how GOLD reacts into it because when it increases with strong bearishness further and closes below this dynamic support it will be the source of the wave-C-extension moving on in the bearish-continuation-zone as marked in my chart in red to test the lower levels of support from where stabilization can show up. For now, it is necessary to do not to keep the bearish perspectives out of sight as they can accelerate especially in the upcoming times. In this manner, thank you everybody for watching, support the idea with a like and follow or comment, have a good day as well as weekend, and all the best to you! "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.

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MACD-Divergences: Assessing Present Varying Exemplifications!_____ Hello Traders Investors And Community, _____ Welcome to this tutorial in which I will analyze the MACD-Divergence and its various types that can come up in the market movements. The MACD is an indicator developed in 1986 and since then established as a primary indicator in the oscillator types besides the RSI or stochastic. The indicator mainly has the function of spotting reversals and potential entry points into the market to catch the appropriate values and upcoming reversal developments. Although the indicator can be used as a single signal for market action only it is best combined with other technical analysis aspects such as candlesticks or volume. The main timeframe to apply the indicator should be the daily timeframe, it can be also applied to higher timeframes such as the weekly to assess broader trends. The indicator can also be applied on lower timeframes such as the 4-hour or hourly however in this case the fake signals getting higher. The MACD consists of 3 main elements, the first is the MACD-Line marked in my chart in orange which is calculated by the 12-day EMA (Exponential-Moving-Average) minus the 26-day EMA. The second element is the signal-line which is a 9-day EMA. Further comes the histogram which measures the distance from the MACD-Line to the signal line and the histogram is positive when the MACD-Line is above the signal-line as well as negative when it is below. The main signal happens when the MACD-Line crosses the signal-line when it crosses from the downside to the upside this is typically seen before a bullish reversal takes place and the same in reverse with the MACD-Line crossing the signal-line down when a bearish reversal takes place, in both cases also the histogram changes from positive to negative or negative to positive. In any case, it is always necessary to combine the MACD with the current price-action happening as in this case comes the interesting part with the divergences happening that can lead to dedicated signals. These divergences happen when there is a discrepancy between MACD and the actual price-action happening indicating a potential change in direction of actual price-action as the MACD shows up with these signs. In any case, it is unavoidable to consider the price-action together with the MACD as otherwise, it can lead to catching a fake-out and getting stopped out of the position what should be avoided in trading. The MACD also does not typically spot overbought or oversold conditions as it is an indicator consisting of EMAs it represents the previously developed price-actions in relation to the ongoing and upcoming price-actions. _____ Regular MACD Divergences: __ Classical MACD Crossover - The Classical MACD Crossover comes up when the MACD-line crosses the signal-line either from the upside to the downside or from the downside to the upside. Both versions can indicate a reversal into the direction the MACD-line crossed the signal-line however the timeframe and structure is important here. When this crossover happens on the lower timeframes below 6-hours it can happen that there are many fake signals with several crossovers behind each other while the price-action is actually trending into one direction. The higher timeframes such as the daily are therefore the best to apply this regular classical MACD crossover. Classical MACD Histogram Divergence - This divergence occurs when the histogram has formed a new high together with the price-action, for example, the histogram forms the new high at 0.3 in the MACD-histogram then the price-action moves further and forms a higher high exceeding the previous one however the MACD-histogram does not do a higher high also while staying below the 0.3 level. This indicates that the market is likely to reverse into the other direction because the histogram does not correspond with the actual price-action and therefore forms a divergence. This can be applied in the reverse direction as well and a good combination would be to look also at the volume or overbought and oversold conditions. Histogram Divergence Fakeout - In this case, it is the crucial part of the histogram divergence. The price-action and MACD fulfilled the initial requirements for a classical MACD histogram divergence and the price-action should markdown after forming the final high and the divergence, however in this case it does not happen instead the price-action moves lower a little bit signaling the possible normal development after this signal and then moves up again exceeding the previous high and stopping out traders who may have entered the market because of the divergence, after that the price-action can markdown finally and move lower, therefore it is necessary to look at the price-action also and see if the market is really ready to markdown after the signal. __ Bearish Regular Divergence Ⅰ - The Bearish Regular Divergence Ⅰ is a divergence in the price-action that marks two important confirmations including this a technical confirmation in the MACD normally seen in price-action. In this divergence, the price-action marks consecutive higher highs while the MACD forms a double-top with the rejection at the upper baseline confirming the double-top. This divergence is likely to reverse the previously established bullish trend to the downside and continue with bearish determinations. It is important to watch out for fakeouts before potentially entering and when this possibility is low it can be a good entry. Bullish Regular Divergence Ⅰ - This is the counterpart to the Bearish Regular Divergence Ⅰ. In this case the price-action marks lower lows in the structure in the best case also with falling volume and momentum while the MACD makes a double-bottom which is a good sign when both form that the price will likely reverse into the bullish direction. A trendline breakout of the previous established lower highs in the downtrend can also add additional confirmation to the final bullish reversal. __ Bearish Regular Divergence Ⅱ - This is a very interesting divergence as it combines the classical price-action formation double-top with the lower highs forming in the MACD. A confirmed double top alone can also be a strong signal for a reversal nevertheless with the additional MACD making lower lows this can add to the main bearish reversal coming in and accelerating it. A valid confirmation will take place when the price-action regularly confirms the double-top with the neckline breakout to the downside. Bullish Regular Divergence Ⅱ - Here is another divergence in which the price-action forms a reliable reversal-formation, in this case, a double-bottom which also can alone be the decisive factor for the final reversal, together then with the higher lows forming in the MACD it is a strong signal to reversing the trend into the bullish direction and similarly to the Bearish Regular Divergence Ⅱ it finally confirms with the neckline breakout by the established double-bottom with proper volume to the upside. __ Bearish Regular Divergence Ⅲ - This divergence has a good and appropriate application in the market formations to form. In this divergence, the price-actions form higher highs while the MACD forms lower lows signaling a bearish reversal to take place. A good confirmation occurs when the price-action closes below the lastly established lows and after that continues also further to form further bearish continuations, it can be a good point to spot the final reversal when the MACD looks like it develops the next lower high. Bullish Regular Divergence Ⅲ - This is the exact counterpart of the Bearish Regular Divergence Ⅲ while the price-action forms lower lows in the structure the MACD develops higher highs showing this given divergence and likely to indicate the bullish reversal to take place sooner or later. Additionally, a falling volume and momentum in the actual price-action will lead to more increased validations followed by an upcoming rise in volatility above previously lower highs, these structures and developments are always also important. _____ Hidden MACD Divergences: __ Bearish Hidden Divergence Ⅰ - This divergence is actually the counterpart to the Bearish Regular Divergence Ⅰ and in this case, the MACD also forms a double top in the structure however unlikely as in the Bearish Regular Divergence Ⅰ in this case the price-action forms lower highs in the structure showing the exceptional weakness of the bulls as the price-action does not manages to maintain further higher highs, this is why the formation is finally likely to confirm bearishly to the downside and the reversal took place. Bearish Hidden Divergence Ⅰ - In this divergence the MACD forms a double-bottom with both lows forming a lower baseline in the MACD-histogram structure while the price-action forms higher lows which is very important here as such a constellation is normally defined as bullish with the possibility to reverse, the double-bottom in the MACD then confirms the further bullishness to establish and likely bullish volatility to show up in the structure, the requirement is that the established uptrend-line does not invalidate to the downside. __ Bearish Hidden Divergence Ⅱ - The next divergence is forming a classical reversal-development with the formation of a double-top in the price-action as the two highs form a horizontal baseline where the price-action rejects while the MACD is developing higher highs in the structure. In this case, the final confirmation sets place when the price-action breaks out below the neckline of the double-top in the structure which is the set-up for the further continuations bearishly to the downside, the best is to wait on the final confirmation before considering moving into. Bullish Hidden Divergence Ⅱ - This classical bullish reversal-formation marks out the potential stopping of the downtrend with two lows building the baseline of a potential double-bottom while the MACD is establishing this lower low structure it is the proper further confirmational part to develop a sufficient bullish reversal which will finally take place when the price-action breaks out above the upper neckline of the double-bottom to complete it and show up with further continuations to the upside. __ Bearish Hidden Divergence Ⅲ - When the price-action forms lower highs that do not maintain new higher highs in an uptrend it is always a sign that the uptrend is struggling and that it is likely to reverse together then with the higher highs divergence in the MACD to form the final bearish reversal has a high possibility to emerge which will validate when price-action moves below the previous lows in the uptrend and continues to the south. Bullish Hidden Divergence Ⅲ - With this form the uptrend and the higher highs structure that developed in the price-action have a tendency to reverse as the MACD forms the lower lows in the structure signaling that the MACD is already doing the markdown that follows also in the price-action. In this case the final confirmation will take place with a breakout below the established ascending trend-line after which a bearish continuation will likely follow up. _____ Therefore moving through all these important different forms the MACD can be a substantial indicator for spotting reversals in the structure when done right. It is always necessary to maintain the objection to the current situation and further technical factors to apply the MACD-divergences rightly. In this manner, thank you everybody for watching, support the idea with a like and follow or comment, have a good day as well as weekend, and all the best to you! Information provided is only educational and should not be used to take action in the markets. _____

Education

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The Evolution Of Money: From Barter-System To Cryptocurrency!Hello, Welcome to this analysis about The Evolution Of Money. Till today money had a protracted history reaching back to times where there even did not exist electricity or industry like we now it these days. Since these beginnings money constantly reshaped and emerged new forms of money that theoretically can be applied still today however it is also a fact that it is important in which form the money circulates bringing innovation and prosperity to the civilization as there are money forms although logical from its form however contra-productive for the further developments. __ The Barter System (High Phase 98000 BC - 900 BC): It is clear that in times where people did not have the ability to keep a sufficient store-of-value they had to adapt to circumstances and exchange what they had in order to receive things they need for everyday living, this form of money is called the "Barter-System". This system principally defines the exchange of goods and services against other goods and services. It was a typical hunter-gatherer-form of exchange between the individual occupations. For example, a fisherman had a lot of fish however no grain to exchange for and on the other side there was a farmer which had a lot of grain, however, no fish to eat, so these two come to an agreement to exchange the fish against the grain in order to fulfill both sides needs. This system had a lot of substantial problems as it was not possible to store any value with the goods and services, besides it only functioned when the other side also searched for the offered product therefore there needed to be a double coincidence of wants otherwise an exchange was not fulfilled by both sides agreements. Besides that there was the issue with the indivisibility of goods, for example, one had one goat and needed one pot therefore it was only possible to exchange one goat against 10 pots and now the goat holder was stuck because he could not share the goat into 10 pieces to received his one pot as needed. Overall it was a complicated exchange system that definitely could have been improved. Commodity Money (High Phase 6000 BC - 500 AD): Since it was not possible to store values with the Barter-System as there were also many goods that fouled by the times this could also be improved by the right commodities that do not foul. In ancient Rome, the Romans moved on to keep salt as a store of value and exchange for goods and services. Salt is easily divisible, it can be stored for a long period of time and it was expensive and labor-intensive to produce therefore limited in quality, besides that it was widely consumed by everybody. Additionally to salt, many other forms of this commodity money emerged such as Cattle, Tobacco, Rice, Sugar, or Tea. All commodities which can be stored over a long period and exchange properly. Together with these new gained advancements, it was a step in the right direction nevertheless there remained significant negative aspects in the commodity money these are various things such as some forms of cattle are very difficult to store because they need to be fed constantly and can not obtain a passive store, other forms like cowry shells are fragile and need to be transported carefully. Besides these storing problems, it was always difficult to transport over long routes as the commodities can take up so much room that it was simply so unpracticable to transport them over long distances. Also, there existed not universal acceptability so the two exchange partners needed to agree on the exchange of these commodities to come up with a deal. Metal Money (600 BC till today) Metal money was a true revolution in the money evolution and the story speaks for itself as it is still today widely accepted and a sufficient store of value with gold and silver holding its values. Against the commodity money, it was stable and had an inherent value as it is rare in nature as well as its supply is limited, the perfect characteristics for a natural store of value and also exchange value. As metals were already used for armors and tools and had already the value within these products this kept advancing with the first coins to be pressed in ancient Greece 600 BC after which the metallic money kept advancing into more sophisticated forms such as the IOUs and also tender coinage bringing a practicable way to pay for goods and services. The Metallic Money shaped into different forms like the IOUs where Goldsmiths backed the gold and gave people a trust which they can exchange in order to receive goods and services, so the people came to the goldsmith and bought basically gold for which they received the document to pay with. The only problem with this system was that the Goldsmiths created fake IOUs and kept spending them. Besides this form, there was the legal coinage in Rome for example with gold coins issued by the empire however the problem, in this case, was that it got debased over time as the people mixed more cheap metal like copper with the gold coins to get a higher supply, today it wont function so easily as it can be proved nevertheless in this time it marked a serious issue. Paper Money (1690 till today): The emerging paper money in fact marked a true change in the whole money system as now it was not possible to issue by everybody, now it was issued by a central authority whereas these authorities firstly existed private also the mission came more and more into central bank area. The first printed money was created in 1690 in the form of a bill of credit to serve as a promissory note by the government on its own credit, these bill of credits were unsecured paper money and at this time in the 17th to 18th century, it was still possible to have private money with private companies creating own bills with the individual exchange qualities to get into the circulation. Till today many currencies have established holding the money as it is issued by certain central banks such as the US-Dollar by the Federal-Reserve-System or the EURO by the European-Central-Bank. The problem here is that this money is printed by will and the central banks have the ability to just print more when the time is needed to do so like it was seen in the corona crisis where the money sum moved exponentially to new heights. Although Paper Money is still omnipresent and used as a store of value as well as exchange value to there are important faults that need to be improved to keep a healthy economic balance and obtain continued stable money. Plastic Money (1946 till today): In the 20Th Century, the printed central bank money moved now into the account money especially backed by the payment providers in the individual credit or debit cards. The first bank-issued cards originated in 1946 as a Brooklyn banker created the charge-it card, these were forwarded to the bank account and then the service or good was released. In post-war times further cards followed and till now there established credit-card providers which issue credit or debit cards also with giving their own credits to people that can be paid back. Cryptocurrency (2008 till today): This is the very last money form and the most innovative so far, like Bitcoins, like they invented, are limited in supply and can only be created through the mining process and proof of work they provide a sustainable interface within the blockchain which transactions are scalable and easy to use for peer-to-peer-transactions. It is not a wonder that the cryptocurrency market since the beginnings expanded more and more and several other projects emerged, there are still many projects given however the market will likely sort the not innovative ones out. Cryptocurrency marks the point in the history of money evolution where money advanced significantly from its initial barter exchange system to cryptocurrency. This is a major step and as for now, central banks are looking also into cryptocurrency and blockchain technology to implement their own central-bank-digital-currencies. There are really not many contra-aspects like in the previously stated money forms as cryptocurrency improved all the issues that previously came up and also innovated increasingly above these. __ In this manner, this was my analysis about the evolution of money which is important as the money keeps on shaping as we see it especially in these times with cryptocurrency, it is also not unlikely that these technologies will improve further, and there comes something new that is more applicable and innovative however till now cryptocurrency serves as the highest quality money forms when comparing to the other money forms. Especially it is the case that all money forms still coexist today however mainly not applicable. __ In this manner, thank you everybody for watching, support the idea with a like and follow or comment, have a good day, and all the best to you! Information provided is only educational and should not be used to take action in the markets. __

Education

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Candlestick-Formations: How To Spot The Patterns Like A Pro!Hello, Welcome to this tutorial about Candlesticks and in particular the very various candlestick patterns that form in the financial markets. The charting technique under which Candlesticks operate are candlestick charts and the candlesticks firstly came up in the 18th century, till today they established as a widespread technique that many traders use for their charting. What is so amazing with these candlesticks compared to a line or point-and-figure charting is that they can determine very precisely if a market is trending, if a reversal is establishing or the momentum of price-action is slowing down. The various single candlesticks can add up to decisive candlestick-patterns that can be used for trading and trading decisions, especially with other indicators such as oscillators or channeling they can be a strong tool for today's trading principally also in modern markets where there is decent liquidity and not many gaps such as Cryptocurrency or Forex. __ Characteristics: - In my chart, I have listed 34 contrasting cryptocurrency patterns that can be spotted in the markets. On the left side, there are 16 bearish candlestick patterns and on the right side, there are 16 bullish candlestick patterns together with the 2 candlestick patterns in the middle which have the same name regardless of direction. - From the 17 patterns for each side are 15 possible in both directions bullish as well as bearish while there are only 2 patterns in each direction that only form in this bearish or bullish direction. - The patterns can be divided into continuation patterns and reversal patterns. Continuation patterns can be used to make sure the established trend moves on and reversal patterns can be used to spot actual reversals to properly prepare on it. - The patterns are functioning in the underlying timeframes similarly with the trend established in this timeframe however from a broader perspective the bigger the timeframe in which the particular pattern forms the more consistent and strong this direction is for the bigger trend. So when for example a reversal pattern forms on the weekly timeframe it is stronger than patterns forming on the daily timeframe. __ Candlestick-Patterns: Bearish/Bullish 3 Continuations: - A very typical continuation pattern. The first big candle sets the tone for the pattern following up with 3 minor little candlesticks with no strength in the reverse direction till a further major candlestick emerges pushing the price toward the established direction. Bearish/Bullish Harami: - This is a good example of a reversal pattern. The first candlestick is a candle against the trend direction followed up by a new candle in the trend direction showing still possible continuation till a final smaller candlestick with a smaller body than the previous one sets the tone for the reversal. Bearish/Bullish Harami Cross: - A great continuation pattern. As the first candle is a big candle setting the pattern up with strength a little cross following up with the same close and open which is showing a consolidation in this range to build up and continue with the further volatility into the established direction. Dark Cloud Cover/Piercing Line: - A very very strong reversal pattern. While the two trend candles still suggest that the previous trend is ongoing the next third candle is very weak as it is small and does not rally the full length of the previous candle and shows up win the ends of the previous candle signaling high weakness of the bulls or bears and setting up the determined reversal. Engulfing Bearish Line/Engulfing Bullish Line: - The next substantial reversal pattern. It happens in a developed up or downtrend with the last candles low forming a line, the body of the next candle is bigger than the previous however it's close or open exactly forms there where the previous candle had its low, when the next individual candles moving to continue in this reverse direction then the pattern fully confirms. Evening Doji Start/Morning Doji Star: - This is a very interesting reversal pattern. As one normal candle into the trend directions sets up the pattern one continued weak start Doji is formed above the top or bottom of the previous body showing exhaustion and momentum slowing down, when the next candle moves into the reverse direction the pattern and continuation are validated. Evening Star/Morning Star: - A great reversal pattern. The first candles close or open set up a line where the next close or open travels outside the line with the candle showing a weak breakout while the next line into the reverse direction confirms the reversal and the formation to set up further volatilities into the reverse continuation-zone. Gravestone Doji/Dragonfly Doji: - These candles signal the initial exhaustion of the trend with a candlestick with a long shadow and the smallest possible body with the same open and close, they can be reversal as well as continuation patterns. Either the body is in the upper range or the lower range of the shadow, this is which direction the next movements will likely go. Separating Line Bearish/Separating Line Bullish: - This is a strong continuation pattern. As the first candle's body with the open or close sets up a line the next candle's close or long is below or above the line which means a weakness of this next candle regardless of the direction and estimates the further continuations into the trend direction. Evening Window Star/Morning Window Start: - This is a good example of a reversal pattern including a gap in the structure. As the first candle moves into the established direction there comes a gap before the next candle emerges which closes outside the body of the previous candle above or below, after that following candles into the new direction validate the final reversal of the previous trend. 3 Bullish Soldiers/3 Bearish Soldiers: - This is a very typical reversal pattern as the established trend exhausts with three small candles the momentum of this trend gets smaller and when the next candles follow up with a much bigger body into the other direction the pattern is completed and will determine the bearish or bullish continuations into the reversal direction. Inverted Hammer: - This is a reversal pattern that stops the previous trend and moves in the other direction. It has a high similarity with the hammer however in this case the small bodies close or open is at the same price as the low of the candle showing the exhaustion of the previous trend direction and builds the setup for the full reversal. On-Neck Line: - This is a pattern that shows the incoming bullish reversal of a previously established bearish trend as one first bullish candle signals the possible reversal it is followed by a bearish one still pushing downward and forming a new low till a snap-back move on finally confirming the reversal. Shooting Star/Inverted Hammer: - This is a pattern that determines a strong reversal as the first candles open or close forms a line, the following candles move above or below this line and then close or open is exactly on this line just outside after that the next big candle forms into the reverse direction again below or above this line and the final reversal is formed. Long Upper Shadow/Long Lower Shadow: - This pattern can move in the bearish or bullish direction showing up a reversal, as the price-action is exhausted in the particular direction a long shadow builds up while the body of the candlestick is very small in the previous direction weakens further and the reversal is easily established. Tweezer Tops/Tweezer Bottoms: - This reversal pattern can come in two variants in both it is important on where the close of the new candle lies to the previous candle or in reverse the open to the new candle, similarly with the low or high of the new candle. When these are at the same price action the reversal is determined into the new direction. Hanging Man/Hammer: - This pattern signals a determined reversal and in comparison to the long upper shadow/long lower shadow fills out the complete end of the shadow with the close or open at the same price level as the high. Tri-Star: - The Tri-Star is a pattern that shows a reversal with three candles each one with very small shadows as well as a same-close-and-same-open body, in the bearish reversal two bullish candles are followed by a third bearish and in the bullish reversal, the reciprocal determinations hold true. Spinning Top: - This pattern is an amazing reversal pattern with a very large shadow and the body exactly in the middle. Depending on whether the candlestick is green or red this will be the direction in which the further continuations move. __ As we can see now there are a lot of great patterns to be formed in modern markets and when done right they can be spotted and can provide the proper informational inputs for trading planning especially in combination with other technical analysis tools they can function exceptionally well and building a solid alternative for the other charting techniques, the success story tells itself as they have established well in the trading world. In trading these types of candlestick patterns it is necessary to recognize in which timeframe they form, as bigger timeframes can invalidate lower and in which trending constellation they are forming, therefore it is also good to look at previous candles and their patterns in the individual asset. __ In this manner, thank you everybody for watching, support the idea with a like and follow or comment, have a good day, and all the best to you! Information provided is only educational and should not be used to take action in the markets. __

Education

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Central-Bank-Digital-Currencies Hello, Welcome to this analysis about Central-Bank-Digital-Currencies in which I will explore the ongoing process by central banks to generate Digital-Currencies that replicate the individual Fiat-Currency, its characteristics, its possible manifestations, and its differences to the classical cryptocurrencies we all know as Bitcoin or Ethereum created in the beginning. Since Cryptocurrency was invented by the esteemed Satoshi Nakamoto publishing the open-source white-paper about Bitcoin as a completely decentralized Peer-To-Peer Digital-Currency which supply is limited and is generated through mining and the Proof-Of-Work concept many other decentralized cryptocurrencies emerged such as Ethereum or Litecoin that approved a secure and stable way of payment solutions operating within the determined blockchains. This completely new form of currency and the digital interface was watched by critics as well as supporters and a hype created with cryptocurrency enthusiasts accelerating the innovation process in cryptocurrency. On the other side, banks and governments watched the Cryptocurrency development not always with a non-critical eye, and especially in this process central banks took a greater study into the technology and the idea came into the foreground for digital currencies held and issued by the central banks that should replicate the real fiat-money which is printed by the central banks and distributed through commercial banks. The digital currencies that should be issued by the central banks became the name CBDC (Central-Bank-Digital-Currency) and today many countries' central banks started to work on pilot projects and prototypes to launch the digital replicate of fiat money, in some countries they are already launched and implemented in the economy. __ - Comparing The Classical Concept Of Cryptocurrency To The Central Bank Concept Of Digital-Currency The main characteristics of the classical cryptocurrency like invented in 2009 are that it is decentralized and that its supply is limited while the bitcoins are generated through the mining process there can be no more than 21 Million Bitcoins at all that defines the value of Bitcoin as miners need to improve the technological alignments to rightly mine the Bitcoins and come up with a mining-revenue to keep the process ongoing. On the other side, there is fiat money which is printed in the central bank printing press and which supply can be multiplied by will especially in times of crisis as it was in the last year the money supply increased exponentially by the central banks, this has an inflationary character and comes up with many other issues as in times of crisis the central banks need to print always more and more money as before. Now the fiat money printed by the central banks is issued to commercial banks with zero interests at this time and from there is supplied to the merchants and persons who taking up credits and which account money is held in a bank account as a "digital back-up" by the printed fiat money, the tendency with this bank account money is also to be multiplied by the banks and moved around in the system to be taken for credits so that one holds money in an account while it is used for the other individual's credit. Now as the central banks working on the digital currencies to substitute the fiat money in circulation the biggest difference is that its supply is not limited like it is in Bitcoin or many other cryptocurrencies, as the central bank fiat money can be printed further this is also the case with the upcoming central-bank-digital-currencies. Besides that the central-bank-digital-currencies are not decentral because they are issued by a central authority like the central bank, the system on which the CBDC is settled can be decentral however on a broader scale it is still centralized by the individual central bank, there is still a difference if the CBDC model is indirect, direct or hybrid nevertheless it is always centralized as the intern blockchain is created by the certain central bank. Another factor is also privacy as the public Bitcoin blockchain does not store any private user information, depending on the model with a CBDC this can be very different as there is indeed the possibility that private user information is stored in the blockchain by the central bank. Taking all these assumptions into consideration it comes to the conclusion that CBDCs aren't the same as the classical cryptocurrencies in common sense, it is rather a system that replaces the fiat money with digital money and gives the central bank much better opportunities to handle, store and track it with a faster network and potential storage of data. __ - Examining Models On How Central-Bank-Digital-Currencies Can Function With the gained assumptions it is important to note that there are different type models under which CBDCs can operate. Every model has its own characteristics and handles money circulation in an altered cycle. Besides that, the different models can have very different effects on the economy and especially on sectors like the banking industry or payment solution providers. Furthermore, the types on how payment data and information is stored differ within these models. It is highly necessary to recognize these concepts to assume how the CBDC infrastructure affects the economical landscape. The Indirect CBDC Model Within this model, the central bank keeps track records of wholesale accounts by the commercial bank as an intermediary between the central bank and the persons or merchants. The consumer as the person or merchant has a claim with the intermediary as the commercial bank and handles payments with the commercial bank. In this case, the intermediary handles all the communication with the consumer as retail clients and its net payment information, sending payment messages and storing the data. It would be a similar model to the actual credit distribution that exists with credits given by the central banks to commercial banks and from these distributed to the persons or merchants. The Direct CBDC Model The Direct CBDC Model functions differently from the Indirect one as the payments are handled directly between the central banks and the persons or merchants, in this case, receives, stores, and processes the information given by the consumer. This model is much more functional and practicable for the central bank as the commercial banks as intermediaries aren't necessary for the gateway. A full-scale implementation of this model will cause a higher decrease in commercial banks at all of which the sector already struggles, the model would further this process. The model would also set the central bank as the central authority handling all the payment relevant mechanisms with the consumer as persons or merchants. The Hybrid CBDC Model In this model the Persons or Merchants have a direct claim on the CBDC with the central bank while an intermediary, in this case, a PSP (Payment-Service-Provider) keeps track of the payments information and handles direct payments, the PSP in this case does not need to be a bank essentially. It is also integrated within that when technical issues come up with failures in the system that the central bank can handle direct payments with the consumers and restore retail balances. This system offers more flexibility at the cost of a more complex infrastructure to operate for the central bank. Besides that, it has a similar negative effect on the banks like the direct model as banks arent necessarily needed for the payment communication. __ It is not unlikely that the development of Central-Bank-Digital-Currencies will keep going within the upcoming times, therefore it is necessary to elevate how these diverging models can affect the actual economy. As many countries moving on with the projects and prosecution of CBDCs these will be realized in a more fulfilled way with a high possibility and it will be an important question on central banks will govern these CBDCs as they aren't decentralized like the cryptocurrency roots they can not be held as a direct comparison to these and are indeed a fiat money replication in digital terms, it will definitely open new doors for the central-banks money policy however what it has for effects on consumers as peoples or merchants is a serious examination. Thank you, for watching, it was important for me to scrutinize the significance of Central-Bank-Digital-Currencies and elevate a perception to this omnipresent topic. In this manner what do you have for an opinion of Central-Bank-Digital-Currencies implementation? Let us know in the comments below. Information provided is only educational and should not be used to take action in the markets.

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Excess Savings: Indication For Exceptional Inflation Expansion!Hi, Welcome to this analysis about the current and upcoming economical situation regarding the excess savings amassed in the corona crisis and the potential inflationary developments these can cause. There are also other factors that can accelerate inflation in the upcoming times especially with the ongoing central bank money press that shoot to astronomically high levels during the corona pandemic and the months after, still ongoing there is not an end in sight. Since the corona breakdown lows established the money stock increased more and more and caused an asset-price inflation in stocks, bonds and real estate as well. Taking the following factors into consideration the inflation can also increase seriously in consumer goods and real economy such as already seen in individual sectors such as the craft sector. Accumulated Excess Savings During The Corona Pandemic Crisis: As seen in the graphic the Excess Savings, the savings that households hold and do not spend immediately increased drastically during the corona pandemic as businesses shut down people hoarded the excess savings. According to Moody's Analytics, the Excess Savings in America grew to almost 2.6 Trillion US-Dollar, and around the world, people build up Excess Savings of 5.4 Trillion US-Dollar. These savings are waiting to be spent when the real economy shut-down-businesses widely open again. It is necessary to assume that these are historical high values never seen before which can cause similar inflation like in the 1940s or 1970s. Besides the high Excess Savings, the federal depth increased also substantially to similar levels like in the 1940s which served as one factor for the high inflation. High Demand And Low Supply As Production Decreased: As production during the corona pandemic crisis decreased and a vast majority of countries moved on to shut down businesses this caused a decrease in production and therefore in supply. On the other side the Excess Savings, as well as the printed central bank money, increased steeply. These developed conditions have a high tendency to lead to increased inflation as high demand meets the low supply moving the prices to the upside also shown through the output gap which experts expect to rose above the 2% level increasing the high-demand-to-low-supply dynamic. It is highly necessary to do not underestimate these dynamics and be prepared for such potential scenarios to do not get overwhelmed by circumstances when they happen. In this manner thank you, everybody, for watching the analysis, will be great when you support it, and all the best! Information provided is only educational and should not be used to take action in the market.

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DOW JONES, Clean Breakout Of The Descending-Triangle!________________________________________________________________________________________________ Hi Traders, this is a signal I give to you for free today. The DOW INDEX has formed a clear triangle breakout with volatility and completed above the 400-EMA where entry with pull back is possible. ________________________________________________________________________________________________ ENTRY: 27800-27300 MINIMUM TARGET: 28500 STOP LOSS: 26300 MINIMUM RISK REWARD: 1 REASON: Descending-Triangle Breakout ________________________________________________________________________________________________ In this manner, thank you for watching and support for more market insight. Information provided is only educational and should not be used to take action in the markets. ________________________________________________________________________________________________

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GOLD, Final Triangle Confirmation Established In The Structure!Hi my friends, Welcome to this update-analysis where we are looking at GOLD 12-hour timeframe perspective, which has recently confirmed the triangle mentioned properly to the downside where it completed the wave-count in the right manner and showed up with high volatile movements, now as this major step has fulfilled GOLD has a huge potential to move on further bearish to the downside, in my chart you can see the bearish impulse to the downside already established once, now GOLD is about to form the next second major bearish impulse, the next times a pullback to the lower boundary can be expected which is actually a good entry point for short-position as it is marked in my chart, after this happened GOLD will show up with the next bearish legs to the downside. In this manner, thank you for watching, support for more market insight, good day to you, and 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.

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GOLD Is Testing The Verge, These Outcomes Possible!Hello Traders Investors And Community, Welcome to this update-analysis where we are looking at GOLD 12-hour timeframe perspective, which has shown some important signs the last times, as mentioned already previously it was more likely that GOLD bounced within its local range and tests the lower boundary of its triangle-formation anew, this is what happened now and besides that GOLD has some other meaningful factors on the bigger scale here, in this case, I detected the preliminary level and more likely outcomes the next times, what is important is that we keep cool and wait for the proper confirmations to show up in the schedule. Looking at my chart you can watch the triangle building here already detected on the smaller timeframes, now there is coming to the rising blue trendline into the surface which established since almost 186 days now and holding the trend marginally to the upside, besides that GOLD Is testing the 60-EMA in green and below it the 100-EMA in black, these levels of support will provide when they break to the downside protracted bearish pressure and it will be the confirmation of the triangle to the downside as it is seen in my chart, as GOLD is still on relatively high value and overbought on the higher timeframes the bearish declines may not be over yet and as GOLD did not manage solid bullish moves till yet the bearish case can be more expected with a possibility of 65 % on the other side the bullish case with a possibility of 35 %, what is really important here is to wait on confirmation then going into the direction and possibly open up a trade. The next times will show how GOLD develops here further and in which direction it will breakout, when considering the more likely bearish breakout GOLD has the potential to follow up with bearishness till the next blue trendline marked in my chart where recovery can take place, in this scenario the market has to be elevated anew and see how it is developing if there is coming more bearish pressure or a serious reversal and continuation to the upside, till then it will be interesting how the precious metal follows up with further. In this manner, thank you for watching, support for more market insight, good day to you, and 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.

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USDJPY, Moving In Channel-Formation, These Outcomes To Consider!Hello Traders Investors And Community, Welcome to this analysis where we are looking at the USDJPY 4-hour timeframe perspective, the recent events, the current formational structure and what is likely to be expected the next times. Sine USDJPY established heavy bearishness to the downside it is an important question if this bearishness will go on further and when how long this will be or if USDJPY somewhat manages a reversal in the range to back up with bullishness again. As USDJPY is currently trading within the descending-channel-formation marked in blue a reversal can be expected sooner or later as such formations normally break to the upside when the trend does not increase in speed to the downside further. Looking at my chart you can watch also the wave-count USDJPY established here with the major wave D marked in blue currently forming in the structure, each major wave consists of the minor waves and so the wave D is forming like the past ones, this wave will directly move into strong resistance which the pair has with the upper falling resistance, the 200-EMA in red and therefore forming a coherent resistance cluster here which is firstly likely to confirm bearish to the downside, when this happens USDJPY will continue bearishly till there is substantial support found which can be in the blue back-up-cluster marked in my chart, when USDJPY bounces here the pair has the potential to move on and break out of the descending channel to the upside. In this manner, thank you for watching, support for more market insight, good day to you, and 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.

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SPX500, Testing Next Levels, Why Not To Underestimate It! Hello Traders Investors And Community, Welcome to this analysis where we are looking at the SPX 4-hour timeframe perspective, the recent events, the current formational structure and what we can expect the next times, since the index provided like other major indices previously heavy bearish volatility we should not keep this by side and look what the market is doing now, it will be a precarious and crucial situation as the crisis is still not confirmedly over and the index is now trading below the pre-corona highs established this means the market has to stabilize any way and move together with real economy to get a healthy market environment at the end of the day, the established bearishness should not be underestimated in any case as could possibly also be fundamentally backed therefore I detected the important levels and possible outcomes we should consider on the technical side here. Looking at my chart you can watch there the SPX now trading below several major resistance levels which previously held as a support are now broken to the downside, this is firstly the 90-EMA marked in black, secondly the horizontal resistance in grey and the middle line of the current channel the index is trading in, this means the index has a serious resistance cluster here which has potential to be the origin of further declines when it is not taken out substantially. When the index does not manages to move above this cluster and close above it near the next times the next leg to the downside follows likely as it is marked in my chart, considering this the index has next support at the rising trendline of its previously established channel and below this at the 600-EMA in green where it can stabilize, however, these levels are critical when they do not hold substantially and the index falls below the red level marked in my chart at 2980 this will invalidate the major bullish count firstly and will result in protracted bearishness to the downside as more highs are firstly invalidated, therefore the index needs to stabilize before considering any new highs to be measured. In this manner, thank you for watching, support for more market insight, good day to you, and all the best! Science is organized knowledge. Wisdom is organized life. Information provided is only educational and should not be used to take action in the markets.

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SILVER, Trading In Formation That Will Determine The Outcome!Hello Traders Investors And Community, Welcome to this analysis where we are looking at SILVER 12-hour timeframe perspective, the recent events, the current formational structure, what we can expect the next times and how possible outcomes can confirm in the structure SILVER is forming at the moment. Since the bearish breakdowns seen in the important precious metals, they are mingling and ready to set up further continued volatility in the range, therefore it is a meaningful question in which direction this upcoming increase in volatility will lead and if SILVER manages to establish the bullish pace it has seen before or the bearishness will continue to the downside, I detected how these outcomes can confirm in the structure and it is highly important that we wait on the proper confirmation here before deciding the final direction and in the end of the day place the trade accordingly into this right direction. Looking at my chart you can watch there this huge triangular-cluster-formation SILVER is building up here where the upper boundary builds the origin of the descending-channel marked in grey and the lower boundary the origin for the ascending-channel marked in my chart. Furthermore, we see declining volume and volatility which is indicating a shift and increase in volatility sooner or later, when going more into the smaller perspective SILVER has still this huge bearish engulfing candle formed and it has the strong resistance layers in the structure this is why the pull-back here may not yet end for now and should be more expected as the bullish breakout to the upside, nevertheless, it is smart to wait on the proper confirmation here before going into the direction coming up with a consistent entry setup to take advantage of. When considering the bearish case the price has to move below the lower boundary and close there, the best would be then a pull-back to the lower boundary which will confirm further bearishness, after that established the price needs to cross below the 60-EMA in blue then bearish pressure will continue to the downside, on the contrary, bullish side the breakout may not be that strong and the possibility for a fake breakout is higher than in the bearish case, in this scenario the price needs to form strong bullish action above the higher boundary and stay there to not fall below again, either case can be traded properly after confirmation which should be the recommended trade-entry here, the immediate entry is also possible however it would not show that strong set up which shows up after a consistent confirmation. In this manner, thank you for watching, support for more market insight, good day to you and 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.

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GPBUSD, Bearishness Likely To Continue When This Happens!Hi my friends, Welcome to this analysis we are looking at GBPUSD 12-hour timeframe perspective which recently confirmed the awaiting bearishness to the downside as the top-formation has built this was the expected price action here, now the pair has found some support in the smaller timeframes nevertheless the bearishness on the higher timeframes established has still a strong edge with a higher possibility to continue further when certain mechanisms setting in, therefore I detected the important levels and possible outcomes we should consider at the moment. Looking at my chart you can watch the pair now trading below important levels, which is firstly the 35-EMA in grey and secondly the first blue rising trendline which now broken to the downside and confirmed bearish pressure, the next times we can expect the pair to test some higher levels in the structure which will be crucial as it has resistance firstly with the 35-EMA and secondly with the rising red trendline building a coherent resistance-cluster there which can be the source of the next heavy bearish move to the downside, this move will firstly lead to the next remaining support which is the 800-EMA marked in green in my chart where the pair can bounce and form a possible stabilization, this, however, is currently not the most possible outcome as the bearishness is just to strong, therefore a break below the 800-EMA can be taken into consideration which can move on to further bearishness, till this happens it is important to measure the price action coming across and how price will react into the 800-EMA. Overall the pair has established a strong bearish pace here which has solid potential to continue, therefore it has to be anticipated how long this will go and if there can be a stabilization in the range or further bearishness will follow up with, on the more long term the second dashed blue trendline is highly important to hold considering a bullish stabilization, when the price falls below this line bear-market is highly likely to continue with more pressure. In this manner, thank you for watching, support for more market insight, good day to you and all the best! "If you have the conditions, you get the results." Information provided is only educational and should not be used to take action in the markets.

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GM, Building Massive Formation, These Levels Are Important!Hi my friends, Welcome to this analysis about the stock value GM, we are looking at the 4-hour chart, I noticed a divergence between the traditional car-industry stock like GM at the moment and the new electronic cars TSLA, while TSLA going down GM went up the last days. This is an interesting divergence worth to look nearer in, nevertheless, overall GM was one of the weaker stocks since the corona breakdowns and lows established, it is still trading below its all-time-high where others made already new highs and risings, therefore I detected the important levels and possible outcomes for this stock we should consider at the moment. Looking at my chart you can watch there this huge blue trading channel the stock is trading in, furthermore, it has an established wave-count where it recently completed wave A and B to now form the major wave C in the structure, this wave will run into resistance as the stock still has above in the upper boundary coming together with the black falling resistance line marked in my chart, when the stock approaches this cluster in red there is a higher possibility given for a bearish confirmation to the downside, setting up the next wave D in the wave-count, this can lead to the back-up-zone marked in blue in my chart and a set up for the final wave E which will complete the overall wave-count, this last wave will be highly crucial as it has the potential to confirm the channel the stock is trading in as a bear-flag, this scenario will occur when the stock comes into the zone of the lower boundary anew and closes below it which will cause highly bearish pressure to the downside and activation of lower levels within a high possible spectrum. The next times will show how the stock will continue with its eave-count and when there is a end, technically speaking as the stock is one of the weaker stocks trading below the previous established high, the bearish scenario should not be kept by side as it will confirm when the wave-count ends and crushes below the lower boundary as mentioned. This is currently the most likely scenario to come across with however there is a smaller possibility given that it will invalidate which will happen when the stock manages to hold the lower boundary sustainably and moves above the wave-count to form a new high. In this manner, thank you for watching, support for more market insight, good day to you and 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.

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PYPAL, Further Continuation Follows When This Happens!Hello Traders Investors And Community, Welcome to this analysis where we are looking at PYPL 4-hour timeframe perspective, the recent events, the current formational structure, what to expect next times and how to handle upcoming situations, as the stock-market showed increased downside setbacks the last times there are stock values which still holding important levels like PYPL, now the big question is if these levels can hold and recovery will follow or declines established a continuation to the downside, in this case, I detected the important zones and possible outcomes for the stock. Looking at my chart you can watch there the stock recently tested the 100-EMA and the second blue trendline and bounced to mark these two levels as support, therefore these preliminary support levels are highly important to hold, when they do not hold bearish decline will increase, the next times we can expect somewhat a shorter rally in the current established range, this rally will lead to the possible short-zone marked in red in my chart, this is a level where resistance lying and supply can enter the market, when this zone confirms bearish, bearishness will continue till there is solid support found where the price can stabilize, in this case this will be the second blue trendline which the stock can manage to hold, as it is marked in my chart, when this blue trendline does not hold and the stock closes below to move also below the 100-EMA this will cause the next bearish leg to the downside aiming at the blue levels marked in my chart, when they are reached it has to be elevated if the stock sets up for more bearish downside or a reversal can be measured here in the level. Overall the bearishness established has some serious potential to continue which will happen under the stated circumstances, this structure is also matching to the overall main stock market situation where the important big indices showed heavy declines to the downside we should not keep this by side. Fundamentally the stock is not necessarily bad lined up as it is digitalized which is important these days, however this does not mean bearish declines can not show up, in this case, it has to be elevated how and when the market can form a potential reversal. In this manner, thank you for watching, support for more market insight, good weekend to you and 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.

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D-JONES, The Gap Filled Properly And Sourced High Volatility!Hello Traders Investors And Community, Welcome to this update-analysis where we are looking at the DJIA 4-hour timeframe perspective, the index has recently shown high volatility movements to the downside which was expected after the gap-fill and the ending of the wave-count as pointed out previously this move now confirmed and the index testing the back-up-zone if you did not see this analysis already I highly recommend it by going on my account and watch it to have a full-depth-overview. Now there are important mechanisms the index has to show when considering a possible recovery there are significant levels to confirm, in this case, I detected the important zones and possible outcomes we should anticipate currently with the index destinies. Looking at my chart you can watch there the index confirmed the preliminary short-zone bearish to the downside and now testing the blue back-up-cluster where several supports lying, firstly the EMA and secondly the upper boundary of the channel besides that it is a support zone formed by past price action. This cluster is highly important to hold when considering a bullish continuation and test of higher levels again because when the cluster does not hold and price moves below bearishness will increase till there is solid support found where the price can stabilize again, for a continuation the index needs to confirm the cluster and consolidate there as it is seen in my chart, a possible continuation can be confirmed when the index moves to the 28800 level again. The index is in a situation where it has to show if the support levels can hold sustainably or lower levels will visit next times, when the index does not manage to stay above the back-up-cluster and closes below the next level to considered to be visited is the 27.000. Fundamentally speaking the decline was supported by the big divergences still existing in the real economy and stock market where the real economy is still damaged by corona increase it is important that these two factors grow together to provide a healthy market environment. Next times will show how the index can possibly stabilize however we should not keep the bearish case by side which will follow up when the index closes below the cluster, therefore it is inevitable to wait on the mentioned confirmation before going in the proper direction. In this manner, thank you for watching, support for more market insight, good weekend to you and all the best! "The ambition to transform opportunity into hold remains the most significant tool for a trader." Information provided is only educational and should not be used to take action in the markets.

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AAPL, Since Bearish Declines, These Zones Are Important!Hello Traders Investors And Community, Welcome to this analysis where we are looking at AAPL 4-hour timeframe perspective, the important events happened, the current situation in comparison with the stock-market, what we can anticipate next time and how to handle it appropriately. As the divergence between the real economy and stock market is still fairly high and retailers rushed into the market while smart money staying on the sideline we saw the heavy bearish declines not only in AAPL but also in other important stock values, as mentioned these breakdowns where expected sooner or later and the question now is if the market can recover directly or if more declines follow up with which is not seldom after such established bearish volatility, in this case, I detected the important levels and possible outcomes for the stock value AAPL and outcomes of it in destiny we should consider at the moment. Looking at my chart you can watch there that the stock just broke below a major trendline marked in blue resulting of past price action, this trendline now confirmed to the downside signaling a strong bearish pace established here, since these breakdowns the stock found support at the 60-EMA marked in grey which is preliminary support that is leading to a marginal rally currently running into the massive resistance-cluster above. When the stock approaches the resistance marked in my chart there is a high possibility that the stock confirms it bearish to the downside till it has support found where it can build up on, when the 60-EMA confirmed to the downside the next important support is the second blue rising trendline, this is the crucial trendline in the structure because when it is broken to the downside the stock will heavily increase bearish selling pressure in the continuation zone marked in my chart. Overall the stock has established a strong bearishness here where further declines are definitely in the possible spectrum, when the stock closes below the second blue trendline bearishly the 400-EMA marked in red in my chart can be expected to be reached, after that it has to be elevated if more declines will follow or a reversal is possible. The next times will show how the stock is proceeding here when the bearish continuations setting in this does not necessarily mean the stock is one-hundred percent bearish as the ongoing bullish moves were also strong, the stock has some solid fundamentals which cam through the corona increase with the digitalized impact so important for stocks these days and the stock has some solid supports below, however, the bearishness established here should not be ignored and we should be prepared on declines and increasing volatility to not get overwhelmed when it sets in. In this manner, thank you for watching, support for more market insight, good weekend to you and 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.

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GOLD, Triangle Forming, Bearish Breakout More Likely!Hello Traders Investors And Community, Welcome to this analysis where we are looking at GOLD 4-hour timeframe perspective, the recent events, the current formation building, what are likely outcomes the next times and how to handle these possibility. Since GOLD established its heavy bearishness to the downside it is now trading in somewhat a sideways movement where it has to show if more bearish pressure will follow or a reversal will show up which is the more unlikely scenario currently, therefore I detected the important levels and outcomes we should consider in GOLDs destiny now. Looking at my chart you can watch there GOLD moving in this established triangle formation where the upper and lower boundary marked in blue and already touched several times, such formations can confirm either to the up or downside and it is from high importance to wait on the proper breakout before going in the direction. As GOLD has shown high bearish selling volume and is trading below the important EMAs the bearish breakout is at the moment more likely than the bullish one, when coming to the possibilities the bearish breakout has a 65 % possibility compared to the other 35 %, therefore we can anticipate the bearish breakout more to happen which will show up when GOLD moves below the lower boundary with a decisive bearish move and closes there, what will be good to confirm further bearish continuation is a pull-back to the lower boundary confirming it, this can be traded conservatively after the confirmation has occurred, it is also possible to enter immediately aggressive however this would be not the best option as there is still a marginal possibility given that GOLD breaks out to the upside. The bearish breakdowns GOLD established since it formed its top some time ago should still not be kept by side as it is not unusual that there will follow more bearish pressure when these movements already established before, in this case, we should not over speculate the situation and wage the possibilities rightly, more continued bearishness visiting lower levels does not necessarily mean GOLD is completely bearish on the middle and long term as there are still some important signals to consider on the higher timeframes. In this manner, thank you for watching, support for more market insight, good day to you and all the best! "Science is organized knowledge. Wisdom is organized life." Information provided is only educational and should not be used to take action in the markets.

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JPYAUD, Trading In Descending Channel, Important Levels! Hello Traders Investors And Community, we are looking at JPYAUD 4-hour timeframe perspective, the recent events, the current formational structure, what to expect the next times and how to enter possible upcoming confirmations showing up in the structure, in this case, I detected the important levels and likely outcomes we can expect with JPYAUD here to anticipate the further outcomes and destiny. Looking at my chart, you can watch there the huge descending-channel-formation JPYAUD is trading in marked with the blue upper and lower boundary, which were already touched several times. Furthermore, there is this wave-count building in the channel currently forming the minor wave d of the major wave E as it is marked in my chart, this wave-count will end when both the minor and major wave E come to an end in the back-up-cluster marked in blue in my chart which is crucial for the further continuation, in this case, it is important that JPYAUD bounces in this level as it is marked, when this does not happen bearish pressure can increase when falling below the support, when the prcie manages to bounce in this support cluster the descending-channel-formation can be confirmed with a decisive move above the upper boundary which will confirm further bullish movements and can be traded with proper entry after pull-back. As the wave-count is coming to an end and such descending-channel-formation normally confirms to the upside sooner or later the bullish continuation above the upper boundary has a solid possibility to come up with, the only thing which can invalidate this scenario is bearish volatility increase below the lower boundary however as the wave-count is ending this scenario is more unlikely than the bullish one. In this manner, thank you for watching, support for more market insight, good day to you and 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.

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TSM, Possible Flag-Formation, These Scenarios Important To Show!Hello Traders Investors And Community, welcome to this analysis where we are looking at TSM 4-hour timeframe perspective, the recent events, the current formational structure, how possible confirmations can look like and what to expect the next times. The global stock market is approaching higher and recovered on the surface from the massive corona breakdowns seen this year as many retailers rushing into the market and smart money staying out it is important to look for stocks which have the potential to growth as there are many which arent and looking rather bearish than forming solid bullish formations. In this case, I detected the importances within TSM which can show up with some good possibilities, therefore it is important to confirm some meaningful levels in order to approach further in destiny. Looking at my chart you can watch that TSM is trading within this huge channel formation marked in blue where the price already touched the upper and lower boundary several times to form this possible bull-flag, furthermore the price formed a overall wave-count where the wave A-D already formed and now setting up to form the final wave E in the structure. When the stock manages to do this and confirms the underlying support cluster at the lower boundary coming together with the 100-EMA marked in black there is some good possibility to bounce and confirm the bull-flag-formation properly. This will happen when the price crosses above the upper boundary with a protracted strong volatile bullish move, what will also be good is when the price pulls back to the upper boundary and confirms it as support. Overall the stock has some solid potentials to confirm the bull-flag appropriately on the other side when the stock does not manages to hold the support and falls below it this will increase bearish pressure to the downside when the stock closes below the EMAs and lower boundary, nevertheless this is not the most likely scenario currently, the bullish confirmation is much more expected. This can be traded either aggressively with immediate entry or conservative with entry after confirmation, although the immediate entry is also possible here the conservative entry will be much better as it is confirming to a solid risk-reward in the structure. Targets will be firstly at around the 88.5 level, when the stock approaches this level it has to be elevated if it continues further or sets up to form a pull-back as supply entering, as there are still higher targets possible the bullish continuation can be taken seriously in consideration. In this manner, thank you for watching, support for more market insight, all the best! "If you have the conditions, you get the results." Information provided is only educational and should not be used to take action in the markets.

Updated

EURGBP, Building Huge Flag-Formation, Steps To Confirming!Hello Traders Investors And Community, welcome to this analysis where we are looking at EURGBP 4-hour timeframe perspective, the recent events, the current formational structure, the huge decisive formation building up and what to expect the next times. EURGBP confirmed its local highs at the 0.917 level before pulling back and entering into this overall range in which it is currently trading and moving in an overall sideways market, such markets ending sooner or later with a decisive shift and alteration in price resulting in greatly volatile movements either to the up or downside. In this case, I detected the importance in the current structure which will determine the further outcomes and destiny of EURGBP, therefore it is important to wage what the market can do and what it is likely not to do in order to don't get overly speculative and look for the proper confirmations in the structure. Looking at my chart you can watch there that EURGBP is just building up this huge and massive descending wedge formation where the upper and lower boundary marked in blue which the price already touched several times, normally such formations indicating an alteration and reversal in price breaking with a volatile move to the up or downside. Furthermore, you can watch the wave-count EURGBP has formed in this wedge so far completing A-C and now setting up to form the wave D where the wave E will likely follow up in the structure. When this forms as expected the overall wave count will be confirmed and the formation can possibly move properly and confirm, this will happen when the price approaches above the upper boundary with a volatile move to confirm it with a pullback before moving on to further continuations. Next times will show how the wave-count will come to an end and the EMA supports initiating the confirmation, in this case it is highly important to hold the EMAs and don't fall below them again because this can invalidate the formation, nevertheless, the confirmational scenario is currently the most likely one. This mechanism can be traded either aggressively with an immediate entry in the range or conservative with entry after confirmation of the massive wedge, although the immediate entry is also possible here the conservative one will be much smarter as it is providing a better risk comparison. Traders have to decide individually which entry to prefer, targets can be measured around the 0.907 level, when the pair approaches here it has to be elevated how it continues and if there is a pullback expected or further continuation ahead. In this manner, thank you for watching, support for more market insight, all the best! "The ambition to transform opportunity into gold remains the most important tool for a trader." Information provided is only educational and should not be used to take action in the markets.

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