My idea is given that the Cup and Handle pattern is a classic bullish pattern and is one repeated in golds historical price we appear to be a very bullish long term gold signal in the next coming months.. We can also take into account the convergence of the cups curve and a potential breakout area for the end of a falling wedge and rising upward trend also when we...
There is currently a valid count for 5 3 5 corrective wave of the OANDA:SPX500USD / SP:SPX and we are currently in a possible 1 > 2 of the second wave of the second 5 Wave. 'Oh Lawd he comin' fib level is just a possible worse case scenario giving a nod to the chonk chart for fat cats as the last fibs possible target.... but could be a signal to the beginning...
Given a bearish pennant is forming on the hourly / 2 hourly and triangles commonly form as a wave 4 I expect more downside incoming for OANDA:SPX500USD SP:SPX
Given we are seeing a Bearish Pennant on the breakout of an Ending diagonal I believe we will be seeing some bearish movement towards the1900 area in the near future. OANDA:XAUUSD
A short term correction for ADA given that the Bearish Pennant is about to breakout on the downside. Should bounce around the $.9 - $1 back up for an expected bull run....(If there's a bounce)
Given the strong reversal signal of the double bottom at what looks like the end of a parallel channel you'd think an upwards break out is achievable but over the past week this has been denied around 3 times.. Only time will tell if the Bulls have enough Steam to to make another run.