Correction
Crude Oil (1D) Correction probably finished, Ready for Rally ? Hello Traders,
Seems like Crude oil formed amazing 1:1 (A:C) Corrective pattern as setup for next Bullish Rally.
So there could be several more months with prices and gains for miners. Also it could cause increase of Inflation and Electricity prices.
I´m staying out of this market, because I really lack experience how to play it (Any advice in comments is highly appreciated).
My best guess is to find some undervalued Oil Miners if its still possible. (well played with OXY Mr. Buffet)...
Enjoy the markets and stay green ;)
FL: Correction due?Foot Locker
Short Term - We look to Sell a break of 37.95 (stop at 42.06)
This stock has recently been in the news headlines. We are trading at overbought extremes. A lower correction is expected. A break of 38.00 is needed to confirm follow through negative momentum. Further downside is expected.
Our profit targets will be 28.32 and 24.00
Resistance: 42.00 / 48.00 / 58.00
Support: 28.00 / 24.00 / 18.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
BTCUSD look like doing Complex wave (X WAVE)According to the previous post, I think BTC should heading to 12k - 13k, But now it took time too long than it should be, Does Big wave A is finished? or Bear market was over? Who knows.....
BITSTAMP:BTCUSD
Anyway, My wave analysis still need to improve, still in learning.
1INCH - Pullback before the RallyWe have seen relatively strong growth across multiple coins. The short-term consolidation phase might be about to begin. In this case, we'll see a 10-15% pullback across the board. In regards to 1INCH, price should test the key demand area. Then, another wave up is expected.
CSCO: Overbought?Cisco Systems
Short Term - We look to Sell at 49.85 (stop at 51.86)
This stock guided a rise in revenue for 2023 and shares jumped higher. We are trading at overbought extremes. A move higher faces tough resistance and we remain cautious on upside potential. Selling spikes offers good risk/reward. A lower correction is expected.
Our profit targets will be 45.11 and 42.00
Resistance: 50.00 / 56.00 / 64.00
Support: 45.00 / 42.00 / 36.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Could I have cracked a code! US30, DJIA, Dow JonesIf we start at (1) Jan 5th All time high and move 51 days down to a new low to Feb. 24th 2022 that would be the 1st leg down. Then take (2) Feb. 24 2022 up 57 days to April 21st 2022 that would be a new lower high. Then April 21st 2022 58 days down to a new lower low to (3)June 17th a new lower low, and finally back up to (4) 60 days up to 8/16/2022. If this is the peak of the (4th) part of the wave, we could see a down turn from here to the 5th and final leg down to the Dow being approx. 26,811 in 60 days OCT 17th 2022.Then a possible bounce back up from this market correction.
Bitcoin Detailed Top-Down Analysis - Day 49Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
49 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
✅USD_CHF MOVE DOWN AHEAD|SHORT🔥
✅USD_CHF is approaching a supply level
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bearish bandwagon just on time to get the best
Risk reward ratio for us
SHORT🔥
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Are we going to see another test of 1,0360 on EURUSDWhile price is trading inside the last impulse, we're looking at potential upside move.
The 1,0240 support held price and in case of another push high, we should see a test of 1,0360.
In order for this upside move to continue, we should not see the market trading below 1,0200!