Confluences include: 1. RBS zone (Marked on Chart). 2. 78.6% fib level support 3. VSA suggests absorption of large orders at current price level Price may test 190 to 200
Retracements from new high are eminent, unless fundamentals sponsor a continuation higher
Previously, Bitcoin faced rejection and dropped sharply after touching the upper trendline. However, this time, it's showing strength by consolidating near the same level for the last 5 days. This could indicate accumulation or a potential breakout attempt.
On chart I tried to fit three instruments at once: 1️⃣ Bottom (white) chart: Gold to Oil Ratio. 2️⃣ Middle (red) chart: BRENT crude oil price. 3️⃣ Top (blue) chart: Dow Jones Industrial Average to Oil Price Ratio. 1️⃣ The first thing to pay attention to is the white chart: GOLD/OIL Ratio , specifically where this ratio is today. Over the last 75 years of observation, the ratio has reached unprecedented levels. The spread is once again testing the record values of the COVID-19 hysteria of 2020, when panic caused oil prices to plummet sharply. At the current moment, the ⚖️Gold to Oil Ratio is around the 50 mark, meaning that one ounce of gold can buy as much as 50 barrels of oil. Over the last century, when the spread exceeded 25 barrels per ounce, it was interpreted as a moment of cheap oil relative to gold. Today, against the backdrop of the chaos reigning in the world, the GOLD/OIL Ratio is entering what can be called the " MAGA Mega Cheap Oil Zone" if it is again valued in gold, and not in fiat green piece of paper. Further, we should expect at least a return to its average values, and here three scenarios are possible: 1. First Scenario. Let's assume that today's price of $60-70 per barrel of oil is "fair" and this is where it belongs. In this case, gold is currently strongly overvalued, and it's time for a correction from $3300 to the $2500-2800 range. 2. Second Scenario. Everything is fine with gold, and it will continue to rise without correction. In this case, oil is severely undervalued relative to gold, and it's time for it to catch up so that the spread of 50 returns to its average values in the 10-25 range. 3. Third Scenario suggests that both oil is significantly undervalued and gold has risen too sharply, and now it's time for a correction in gold and a rise in oil prices. In any of the three scenarios described above, the GOLD/OIL Ratio will sooner or later return to its normal values of the last century, that is, to the range of 10-25 barrels per ounce of gold. And most likely, we will see the third scenario unfold this year, where against the backdrop of a stock market crash, problems with liquidity in the global financial system, the entry of Western economies into recession, as well as the start of a full-scale war in the Middle East this summer, all of this together will provoke a correction in gold and an explosive growth in oil prices, and consequently, a return of the gold to oil ratio to its historical averages. 2️⃣ On the second (red) linear chart of BRENT crude oil prices , everything looks quite ordinary. If we briefly describe the chart for the last twenty years in simple terms, it's worth saying the following: since 2008, they have been trying in every possible way to keep the oil price below $130 per barrel, and as soon as the price approaches the $120-150 zone, some "invisible hand of the market" throws it down. The first test of this resistance zone occurred during the GFC global financial crisis of 2008, the second test with prolonged trading took place during the Eurozone debt crisis of 2011-2014 (culminating in the Greek default), and the third test was in 2022, as a consequence of the monetary madness of 2020 (global lockdown, unlimited QE, and as a result: a wave of monetary + structural inflation worldwide). One way or another, from the fourth or fifth time, the $120-150 per barrel boundary will be finally broken. And then the price above, like a samurai, "has no destination, only the path," and this path is upwards, "to the moon"? 3️⃣ Now it remains to consider the last (blue) chart at the top, the ⚖️Dow Jones Industrial Average to Oil Price Ratio . This chart should be understood as a long-term trend indicator of cycle changes in financial markets. When it rises, it implies a 10 or even 20-year growth cycle in the stock market, and accordingly, corrections in the commodity market. And when it falls, then vice versa, the cycle changes to growth in the commodities market and a correction in the risky stock market, which also lasts one or even two decades. Today, it can be said with certainty that since 2020, the cyclicality has changed, and we are just entering a ten or even twenty-year growth trend in the commodity sector, which portends a change from the "eternally" growing trend in the American stock market to a fall or at least a multi-year sideways movement a la the 1970s. ? Thank you for your attention and ? for the idea. ☘️ Good luck, take care! ? See you later.
Welcome back! Let me know your thoughts in the comments! ** GBPUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Primarily, American Water Works is still working on the turquoise wave B, which should top out below the resistance at $164.36. The subsequent sell-off of the turquoise wave C should then complete the overarching wave in green. However, in our 40% likely alternative scenario, the stock would directly surpass the $164.36 level, thus confirming an already established low of the green wave alt. . Still, structurally, renewed rises of wave should follow after the wave low in both of these scenarios.
https://www.tradingview.com/x/m3W5ilrX/ Yesterday's candlestick closed as a bear bar in its lower half with a small tail below. We said that the recent selling has been climactic and slightly oversold. Perhaps we may see a minor pullback towards the 20-day EMA or April 10 high area? The market attempted to reverse higher but sold off in the last 30 minutes. Currently, the candlestick is a small bull inside doji. The bulls want a reversal from a wedge pattern (Mar 25, Apr 9, and Apr 16) and a small double bottom (Apr 9 and Apr 16) They see the current move simply as a retest of the April 9 low and want a reversal from a lower low major trend reversal. They see the last 3 trading days forming a micro wedge (Apr 14, Apr 15, and Apr 16). They must create strong bull bars with follow-through buying to increase the odds of a TBTL (Ten Bars, Two Legs) pullback. They want a retest of the 20-day EMA or the April 10 high. The bears want a retest of the January low. They want a large second leg sideways to down with the first leg being the April 2 to April 9 low. If the market trades higher, they want the April 10 high or the 20-day EMA to act as resistance, followed by a reversal from a double-top bear flag. Exports for the first 15 days are up ITS: 16.95%, AmSpec: 13.55%. Production is slowly picking up, but not in a big way yet. Refineries' appetite to buy physical remains lukewarm with the recent sharp falling market. The market remains Always In Short. The recent selling has been climactic and slightly oversold. The move down since April 10 has a lot of overlapping candlestick. (see the 4 hr chart below). While the tight bear channel means persistent selling, the overlapping candlesticks indicate a weaker down phase than the first leg down (April 2 to April 9). https://www.tradingview.com/x/DxnzSWoR/ The bulls need to create consecutive bull bars closing near their highs to increase the odds of a minor pullback towards the 20-day EMA or April 10 high area. So far, they have not yet been able to do so. If the bears get a strong breakout below the April 9 low with strong follow-through selling instead, the odds of a retest of the 3850-3900 area will increase. Let's monitor the buying/selling pressure tomorrow. Possible resistance area to pay attention: around the 4040-50 to 4070 area.
I am starting a new series of ideas inspired by my users. Every day thousands of requests come to my website and by analyzing the logs I see which charts interest my users the most. Here I bring to your attention Mantra (OM). Nice support check on the potential red 9. The price fell more than 10 times. This is a fiasco.
Currently, it is on "Motive Super Grand Cycle w3" Based on Fibonacci Level, ending of Motive Super Grand Cycle w3 is long way to go with price target at 261.8% of Fibonacci Projection Motive Super Grand Cycle w1 - w2 of USD 195,310.13 Sidenote: Wave 3 can be ended anything between 161.8% - 261.8% at very least. At the moment, it is forming Motive Grand Cycle w1 on Jan 2024 with highest price on USD 109,354 but not yet confirmed, until MACD line cross below Signal Line (See Red Circle Under MACD Indicator) Motive Grand Cycle w2 Action Plan Step 1a) Once Motive Grand Cycle w1 completed (MACD line cross below Signal Line and approaching Zero-Line) Step 1b) Price is entering CDC Action Zone between EMA12 and EMA 26 Step 2) Enter Long Position once MACD line cross above Signal Line Likelihood for Running flat/Expanded flat type of Grand Cycle w2 is very high since it is under Motive Super Grand Cycle w3 right now. For zoom-in analysis, please see BTCUSD Analysis dated 16 Apr 2025 (Weekly Chart), see comment below.
Raquel merkte sofort, dass etwas nicht stimmte – doch die Ärzt:innen nahmen ihre Symptome lange nicht ernst. Dann kam die späte Diagnose: Darmkrebs mit Anfang 30.