


EURUSD big fall follows. The analysis shows that a double downward wave sequence may be forming in the EURUSD. This is because the corrective wave sequence(yellow square) is doubling. The response to this falling wave sequence may also double. In this case the next target price : 1.07565 usd could be.
WTICOUSD 7% correction........Following a significant rise. My analysis shows a complex wave structure. In this wave structure several regular wave sequences can be identified, these sequences form fractals. We can speak of fractals when there is a shape and size relationship between the initial wave and the subsequent second wave sequence. A shape relationship...
BTCUSD could see another significant rise. In my analysis I have highlighted the clearly identifiable wave phases of the last period. The red sections marked "A" are corrective wave sequences. The green sections marked "B" are main trend up wave sequences. If we look at the overall picture, we can see that the movement up to this point suggests a regular long-term...
WTICOUSD is expected to rise further. The analysis shows that WTI is moving in a wider channel. This channel, which I have marked with a purple line, is a slightly upward band. The upper axis of the band is a D1ATR axis. Nevertheless, the next rising wave section may cross it. The figure shows a green and a yellow square. These are correction fractals. It can be...
EURUSD may fall further. My last two analyses have followed the EURUSD movement closely. My current analysis assumes a further decline from the level just reached. The corrective upward wave sequence may have ended. The chart shows two yellow squares. In them formed an ascending corrective wave fractal can be seen. They are regular in size and shape. Therefore, it...
EURUSD has reached its target price. My previous analysis followed exactly the expected movement of OANDA:EURUSD . Although the movement may slow down at these levels and turn into a correction phase, I expect a further decline in the longer term. However, I will be trading LONG positions in intraday trading in the coming days. My assumption is that a corrective...
BTCUSD remains LONG. Almost two weeks have passed since my first bitcoin analysis. Since then, almost no technical parameters have changed. The accumulation range has widened slightly, the previous STOP level has not changed, it continues to protect the position well. Therefore, no change is needed for the time being. I maintain my LONG position.
NVCN the Theranos story continues. Many of you may remember one of Nasdaq's infamous medical scandals. Theranos founder Elizabeth Holmes claimed that a drop of blood could be analysed more accurately than the most sophisticated laboratory tests of the time using a new kind of analytical system. This claim quickly became a Wall Street success story. Investor money...
LPTH is still uncertain. My analysis shows that the LPTH descends in a downward-tapering triangle. The two sides of this triangle are formed by ATR axes. Since both ATR axes are decreasing, this suggests that the ATR of the wave sequence moving within the axis,( which directly implies its volatility) is also decreasing. And the decreasing volatility means that...
CLF(Cleveland-Cliffs Inc) begins to rise. In the technical analysis, we can see that an ATR axis that has been forming for many weeks has turned into a wave sequence axis. The sub-waves of the wave sequence were accurately used as a resistance level and then crossed the axis, now acting as a support level. It can also be seen that the longer wave sequence uses the...
GOPRO End of correction. The technical analysis shows that in the longer term, NASDAQ:GPRO is moving into a wider channel. The top and the bottom of it are ATR axes. It can also be seen that in a symmetrical wave structure, it went out of the lower channel (yellow wave cycle) but after a few days it rose back up towards the bottom of the channel axis. This is...
WTICOUSD may end the correction. In the analysis, the white dashed line indicates ATR axes. The figure shows that similar wave sequences are built on the ATR axes. Since the size of the wave sequence currently being built is half of the size of the previous wave sequence, it can be said that the current wave sequence is a fraction of the previous sequence. This...
BTCUSD I continue to hold a long position. My previous analysis is still valid. The STOP level indicated in the previous ones has worked excellently so far. It has maintained the position. My current analysis shows that bitcoin's emerging wave movement has widened and is making a symmetrical wave movement on the wave axis(orange dotted line). My assumption is that...
ETHUSD continues to rise. In the Ethereum movement, a rising wave sequence has formed, with the rising slope formed by two ATR axis channels. It is worth observing the lower yellow square, the corrective wave in it was formed on the retracement of the channel. This is noteworthy because currently the price movement is building a similar correctional fractal at the...
XAUUSD is expected to rise strongly. Traders who work with technical analysis, including wave analysis, are often faced with the difficulty of finding wave symmetry. After all, a wave movement must have a wave axis. Often this is not horizontal, since if a wave motion has an accelerating slope then the wave axis is also increasing steeply, usually using the slope...
EURUSD stable fall. The previous analyses followed the EURUSD movement exactly. As we still do not expect the external conditions that have caused the euro to weaken to change, we see no reason for a more sustained trend reversal. In previous analyses, I marked the 1.14492 level as the target price for short positions. It has now been reached. The current chart...
RHE another significant(1000%) pulse increase. The RHE chart is a strong momentum rising price movement. I have written about the reason for this several times. The fundamental reason is the price formation of the brokerage firms quoting it. The RHE is a typical "meme stock", so it is unnecessary to look for an economic or other fundamental reason behind the...
NOG correction over, rise could start. The financial situation of the company is stable. Its latest acquisition has already turned a profit. Their credit line has been successfully increased. Their debt payments should not be a problem in the coming years. The technical picture is similarly optimistic. It can be seen that the ATR axes that hold the rising wave...