Downtrend According to the behavior of the index in the current support range, possible scenarios have been identified. As long as the index does not stabilize above the 78.6% level, the continuation of the downward trend is likely
Neo Wave
Possibility of uptrend The uptrend is expected to advance to the resistance range. Then, according to the behavior of the price in this range, the continuation of the movement process will be according to the specified paths
Change the trend A reversal is expected to form in the specified resistance range and the beginning of the downtrend is formed, then it can advance to the specified support levels.
Check the trend It is expected that the upward trend will end at the specified resistance levels and we will witness the beginning of the downward trend.
Downtrend It is expected that the continuation of the downward trend will be formed according to the specified paths. In this case, a medium-term downward trend will also be created
Check the trend It is expected that the upward trend will end in the current resistance range and we will see the beginning of the downward trend
If the price crosses the 78.6% level, the continuation of the upward trend is likely
Uptrend Due to the breaking of the resistance trend line, it is expected that the price will stabilize above the support range and then continue the upward trend.
Downward trend It is expected that the downward trend will move according to the specified path and after meeting the resistance range, the continuation of the downward trend will be formed.
Check the trend It is expected that the downward trend will change in the current support range and we will see the beginning of the upward trend.
Otherwise, the continuation of the downward trend up to the green range is likely, and then there is an expectation of a change in the trend.
Downtrend It is expected that the downward trend will continue to the previous bottom range. Then, according to the behavior of the price in this range, the continuation of the movement process will proceed according to the specified paths
LQTY ROADMAP (2D)Before anything, pay attention to the time frame, the time frame is big.
From where we put the red arrow on the chart, it looks like the LQTY correction has started.
This appears to be an ABC correction with a more complex pattern now that we are in wave C.
Wave C appears to be a diametric diamond. We are now in the middle of wave E of this diametric.
It can move from the red box to the green box.
We are looking for sell/short positions in the supply range.
We have such a view on LQTY.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
CFX ROADMAP (1D)From where we put the red arrow on the chart, it looks like CFX is forming a big triangle, and we are now in the middle of wave D of this triangle.
Wave D looks like a diamond diametric. It seems that we are in the middle of the F wave of this diametric.
It can move from the red box to the green box.
We are looking for sell/short positions in the supply range.
We are looking for buy/long positions in the green range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
RVN Looks BearishRVN appears to be within a large diametric. From where we put a red arrow on the chart, it looks like the G wave started from this diametric.
The G wave itself also looks like a diametric diamond, and now we seem to be in the middle of the G wave.
From the supply range, it can drop to the specified TPs on the chart.
We are looking for sell/short positions in the supply range.
The targets are marked on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
EURUSD ForecastingEUR/USD Forecasting: A Complex Task
EUR/USD forecasting is a challenging endeavor due to numerous factors influencing its price movement. These include:
Economic Indicators: GDP growth rates, inflation, unemployment rates, and interest rate decisions from the European Central Bank (ECB) and the Federal Reserve (Fed) significantly impact the exchange rate.
Geopolitical Events: Global conflicts, trade tensions, and political instability can cause sudden and substantial shifts in the EUR/USD.
Market Sentiment: Investor confidence, risk appetite, and speculative trading can drive short-term fluctuations.
While there's no foolproof method for predicting future EUR/USD prices, here are some approaches:
Fundamental Analysis
Economic Calendar: Monitor key economic releases from both the Eurozone and the United States.
Central Bank Policies: Analyze interest rate decisions and monetary policy statements.
Geopolitical Factors: Stay updated on global events that could affect the Euro or the Dollar.
Technical Analysis
Chart Patterns: Identify recurring patterns like head and shoulders, triangles, and double tops/bottoms.
Indicators: Use tools such as moving averages, Relative Strength Index (RSI), and Stochastic Oscillator to gauge momentum and overbought/oversold conditions.
Support and Resistance Levels: Pinpoint price levels where the market has historically turned around.
Quantitative Analysis
Statistical Models: Employ statistical methods like regression analysis and time series modeling to identify relationships between variables and predict future prices.
Machine Learning: Utilize algorithms to learn from historical data and make predictions.
Expert Opinions
Economists and Analysts: Follow the insights of experts in the field to gain valuable perspectives.
News and Market Commentary: Stay informed about current market trends and opinions.
Important Considerations:
No Guarantees: Even the most sophisticated forecasting methods cannot guarantee accurate predictions.
Risk Management: Implement risk management strategies to protect your capital.
Diversification: Consider diversifying your investments to reduce risk.
For real-time data and analysis, I recommend using financial platforms such as:
TradingView: Offers charts, indicators, and news.
Bloomberg Terminal: Provides comprehensive financial data and analysis.
Reuters: Offers news, market data, and analysis.
Would you like to explore any of these methods in more detail, or do you have a specific question about EUR/USD forecasting?
Check the trend It is expected that after some fluctuation, the continuation of the upward trend will be formed up to the specified resistance levels. Then there will be a possibility of changing the trend
Correction It is expected that the corrective and downward trend will be formed up to the specified support range. Then according to the behavior of the price in this range, the continuation of the movement process will be determined
Possibility of uptrend As long as the price fluctuates above the green support zone, the uptrend is likely. Crossing the resistance range will confirm the upward trend
Correction It is expected that the corrective process will continue according to the specified paths and advance to the next support range
Possibility of downtrend A downward trend to the green support zone is likely. Then, according to the behavior of the price in this range, possible scenarios have been determined.
It is expected that the support range will be broken and the continuation of the downward trend will be formed
Check the trend According to the behavior of the price in the current support range, possible scenarios have been identified. The downward trend is expected to continue until the support trend line
Possibility of uptrend Considering the behavior of the price in the current resistance range, it is expected that the upward trend will be formed according to the specified paths. If the price crosses the green support zone, the downward trend is likely to continue
Downward trend According to the behavior of the index in the current support range, possible scenarios have been identified.
The downtrend is expected to continue and continue up to the specified Fibonacci levels
Check the trend It is expected that fluctuation and trend change will be formed in the current support range and we will see the beginning of the upward trend. Otherwise, by crossing the green range, the continuation of the downward trend will be likely
