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There are a lot of space for a correction after the huge rally on the Gold. There was a down move on H4 closing below the last minor support, and there are multiple rejection of price from the blue resistance area. Targets are in pink.

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The Daily trend on DAX is still long, however, speed of increase is slowing, and a close below the red zone means a break of the trendline. It may bring in more sellers and push the price lower. First target is market with pink. Idea is valid ONLY if red zone is closed below!

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Trend is in full sync (all timeframes) long, countertrend broken, target is all time high considering the monthly closing prices.

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US100 has reached the first weekly target after COVID19 (FIBO138.2 measured on the closing prices of the COVID wave). It has reached it with a huge impulse, without any deep correction, not even on the Daily chart since April 2020. IMHO there is a high chance a deeper correction may shape out of this rally. I don't expect the market to turn bearish, but a...

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Unless it comes back to the gray zone, price turns in the direction of the daily long trend. First target is the size of the zone, second and third are FIBO levels, and there is also the zone around the all time high as a significant zone. This is a good opportunity to trade with the daily long trend. Also, according to the IG client sentiment report, 71% of...

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Trendline was broken on the longer TF (H4), targets are in Pink. Careful with the NFP data!!!

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Friday broke last local low on the Daily, so I expect further move in the corrective short trend. I'd wait for a correction to a sweet spot because an important target area was reached with a steep move, so shorting now has a low risk/reward ratio. I'd wait for the pullback and go short on the lower time frame when momentum changes in the red. What do you think?

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Trends are to become in sync soon above the green zones. If lower green zone is broken, target is the green zone above, then the local high, then FIBO 138.2 / 161.8 This is a long term projection and can change any time the uptrend (that is not even valid yet) changes.

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Thresholds are green countertrend line and green zone (1'773.08) If closed above on M15, targets are pink zones, first and second may be reached today.

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FACTS: trend is short since Nov 2007 (almost 13 years) long countertrend has been broken last week currently market is testing the start of the last impulse on the Daily Since there is a nice impulsive move down on H4, I would wait for a retracement to the area 1.24123-1.23600, then go short when momentum shows a move down in the shorter time frames...

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Dear Traders, The countertrend developed on H4 has been broken recently, so on the medium term (couple of weeks) there is a chance for the NASDAQ to reach all time highs again with an impulsive move. The pandemic can intervene, but technically this is the picture. Target zones are indicated as well as the zone where there can be a change in the current long...

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Dear Traders, There is a short trend in GBPUSD since Nov 2007. Recent long countertrend has been broken, but the start of the last impulsive move still stands (red zone). If the current long countertrend (on H1/M15) is broken, there is a chance those zones will fall, and then there is a huge room for further decline. Look for the break of the current long...

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There was a break of the recent local high and the short countertrend line, there is a higher low on H4, so there is a chance for the price to rise. Long term targets are in Pink. Curious about the market opening soon!

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Price is stuck in the gray zone because buyers (who think that it's a correction and trend will resume) and sellers (who think that the trend has already turned to short, or want to exploit on the correction) have more or less equal strength. When it ends (price prints above or below the gray zone), market either targets new lows into the correction of the daily...

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Correction of the daily long trend is valid from 10 June, so I'm in short mode. The last impulse move to the upside was quite steep, so a deep correction is possible, and FIBO 50/61.8 levels could be tested (marked with gray - correction zone / FIBO 38.2 already done). Target Zone 1 was calculated by the correction of the correction on H4 and its FIBO 161.8...

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Trends on all time frames are long, so a break above the recent high and the countertrend line (both are green on the chart) reaffirms the uptrend on M15. Target is market with lite magenta.

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These are the scenarios (if price doesn't stuck in a range) for both the short and the long side. Short has a higher chance (imho) now, but markets do what they want, so won't be surprised if it goes up. I'd wait with going long until the last LH is broken, but then go long after a retest. If green zone (LH) doesn't fall, I'd keep going short after every broken...

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Dear Bitcoin fans, Trying to pray up the price won't work. Analyze the trend instead. The chart tells me to go long only when the market trades above the 10'173.97 level on the Daily chart. Until then, we are still in the correction of the major uptrend, meaning price has a higher chance to go down. Also there are lower highs and lower lows forming recently. If...