Ed_Ale

Ed_Ale

What is TVC:VIX ? The VIX is a real-time volatility index created by the Chicago Board Options Exchange (CBOE). This index was the first benchmark to quantify market expectations regarding volatility. However, the index is forward-looking, which means that it only shows the implied volatility of the S&P 500 (SPX) over the next 30 days. Since the VIX reaches...

Ed_Ale

WHAT IS A PIP? The pips is the unit with which we measure the price movement of a pair. Example: If the USD/MXN pair is used. If the dollar is worth 20.7 and rises to 20.8, it is said to rise to 1 cent but in FOREX it is not measured with cents, it is measured with pips. The price of the USD/MXN chart has 3 extra decimal places 20.8 000 those 3 extra decimal...

Ed_Ale Updated 

Possibly the Australian dollar against the American dollar has a fall because it has 4 confirmations: • Wyckoff Accumulation • Butterfly harmonic pattern • Rising wedge • Reaction of an Order Block in 4h The first three factors tend to reverse the trend or set the tone for a new trend, which in this case would be bearish apart from the fact that in elliot...

Ed_Ale Updated 

Possibly the GOLD will start to fall or go back depending on the strength with which the price goes down since it can start to make an impulse (1 2 3 4 5) or just make a simple retracement (ABC) to continue rising and with it would invalidate my analysis. Today's money is going to bonds and not to equities and due to a potential economic crisis and with it gold...

Ed_Ale

What are GOVERNMENT BONDS YIELD? Bonds are Fixed Income instruments that allow investors to anticipate the flow of funds they will receive. What does an inverted yield curve mean? Put simply, this means that short-term US debt is more profitable than long-term debt. Economic theory says that in a “normal” situation, long-term lending should be more...

Ed_Ale

XRP -RIPPLE seems to be doing a flat "ABC" correction as a rule that waves "A" and "B" must have 3 moves and wave "C" must have 5 moves to finish the correction, now RIPPLE is in a lawsuit against the Securities and Exchange Commission (SEC) since they want to classify RIPPLE (XRP) as a value but everything seems to be moving towards XRP being the winner, apart...

Ed_Ale Updated 

The price can be found in a bathtub or failing that (As I see it) is doing 1.2 1.2 1.2 to give an explosive rise in the coming months the USD/CAD that could possibly reach previous highs

Ed_Ale Updated 

The price is in a liquidity vacuum, fundamentally speaking the United States is approaching an economic crisis like the one in 2008. In September we could see a deep drop or in the last months of this year. You can see my previous idea where I post a short on the SPX talking about what this market looks like with 2008

Ed_Ale

The inflation data and with the rise in interest rates we are seeing a USD strengthening with everyone but a recession has not yet been declared in the United States, something that could change everything especially for GOLD, which is the main refuge of value in the face of a crisis, we saw it in 2008 that exceeded maximums with the economic crisis, we saw it in...

Ed_Ale Updated 

But the EURUSD (LEFT) has me undecided about what is making a range but with an interior triangle that I personally feel can go down because I see the USD CAD as bullish, a weak but strong Canadian against the Euro, it may be that the EUR /CAD I make a lower low but the EUR/USD retraces back to the 1 USD zone

Ed_Ale Updated 

Is the price of BTC/USD going up? YES but, is it rising strongly? NO Possibly the price is going to give another bearish trend in the short - medium term since historically the last months after the post-halving year are bearish and more September. Besides, it is presenting a correction pattern and the correction patterns do not present strength. We'll see what...

Ed_Ale

A low number of players means a low demand for AXS As a quick refresher, AXS serves as a payment token within the Axie Infinity game ecosystem, allowing players to purchase non-fungible tokens (NFTs), in this case the digital pets we all know as "Axies." It also acts as a utility token that players can spend to breed new Axies. New users entering the Axie...

Ed_Ale

The AUD/USD pair seems to present an ABC correction in a 4-hour period, this would mean that the USD would be strengthening and/or the AUD weakening.

Ed_Ale Updated 

The CADJPY pair seems to be ending a previous bullish trend to have a correction that would lead to a strengthening of the YAN and as expected, a weak CAD. It can be a swing trade if the analysis is given as expected.

Ed_Ale

History does not repeat itself, but it rhymes. Over time we have seen how there are economic recessions every 8 years to 15 years. The US reported 2 negative quarters which is already a technical recession but the FED tries to hide it with yesterday's news (July 27, 2022), there are still key dates to potentially short almost everything including BTC,...

Ed_Ale Updated 

It is in a range that apparently breaks above to break stop loss and possibly heads towards the bottom of the range or the volume zone that is delimited by the two blue lines.

Ed_Ale

I am expecting swing buys for the USD/CAD and in a shorter period of time it seems to be giving entry to buy with less Pips of SL and with that, we can go for a large amount of take profit.

Ed_Ale Updated 

The USDJPY is starting to leave bearish divergence on 4h timeframes bouncing off the 50 EMA the RSI which is another confirmation, it has already broken structure and is making an elimination pattern for a potential bullish opportunity