I_M_Shoaib

I_M_Shoaib

I have a bullish bias on AUDJPY based on the following factors: - Seasonality - AUDJPY have a probability to remain bullish towards end of Jul, early Aug - COT report: - For AUD, since start of Jun, non-commercial positions on the long side have remain unchanged but on the short side have significantly increased - For JPY, since start of Jun, non-commercial...

I_M_Shoaib

I have a bullish bias on NZDJPY based on the following factors: - Seasonality - NZDJPY have a probability to remain towards end of Jul, early Aug - COT report: - For NZD, since start of Jun, non-commercial positions on the short side have significantly decreased and longs have increased - For JPY, since start of Jun, non-commercial positions on the long...

I_M_Shoaib

This is the chart of TOTAL3 market cap - all coins excluding BTC and ETH (essentially market cap of all alt coins). As we can see, price action is within a larger bull flag (yellow parallel channel) but within it, there is a bear flag (red parallel channel). Market cap is currently at 950 bn. We are likely to see one more correction where market cap is likely to...

I_M_Shoaib

After hitting all time highs, BTC has been bouncing in a range, trying to break free and forming possibly a head and shoulder pattern. If BTC breaks through 91,400 and head and shoulder pattern plays out, on the basis of the measured distance between head and neckline, BTC is likely to test 77k or 74k. BTC could test 77k because: - the measured distance between...

I_M_Shoaib Updated 

AEM is possibly forming a Head & Shoulder pattern. Price action is currently under a rising parallel channel that breaks downwards and price eventually breaks parallel channel. If price breaks the parallel channel and $74, it will complete Head & Shoulder pattern. Once Head & Shoulder pattern is formed, stock price fall is either $ price or percentage...

I_M_Shoaib

TSLA made a 'M' pattern which is typically seen when an asset has made a top (e.g. SPY, QQQ and BTC). Stock price has declined sharply since. Key support zones in the short term are is between 354 and 345. This is because there is a fib retracement level of 38.2% and gap fill between 354 and 345. This is a high probability zone because this is coincides with the...

I_M_Shoaib

** Reposting because annotations weren't posted in the previous analysis** After hitting all time highs, BTC is forming a bear flag. If bear flag plays out and price breaks through 91,400 level then on the basis of the measured move of the flag pole, BTC is likely to test 73,000 which is a significant support zone on Daily timeframe. This is because before BTC...

I_M_Shoaib

ETH is forming a bear flag. If bear flag plays out and price breaks through 3,100 level then on the basis of the measured move of the flag pole, ETH is likely to test 2,500. There is also a fib retracement level of 78.6% at 2,500. In the process ETH there will be significant support zone around 2,800 - 2,900 because: - there is a fib retracement level of 61.8%...

I_M_Shoaib

After hitting all time highs, BTC is forming a bear flag. If bear flag plays out and price breaks through 91,400 level then on the basis of the measured move of the flag pole, BTC is likely to test 73,000 which is a significant support zone on Daily timeframe. This is because before BTC pierced 73,000, this was a strong resistance zone. Also, since price broke...

I_M_Shoaib

AMB seem to be in a bearish spree. It had a parabolic (almost) 70% move up from 0.0085. Since then coin is retracing back to key levels: - trendline from weekly at 0.009 - fib retracement level of 0.618 at around 0.00858 - 0.00858 is also a key support zone from weekly timeframe I would expect a move up from 0.00858 and 0.009 zone

I_M_Shoaib

GOLD has broken down from bearish rectangular consolidation. Prior to bearish rectangle, a falling wedge was formed from recent highs. Now it seems falling wedge is part of ABCD pattern, which means there is one more leg downwards to go. In ABCD pattern, the size of the second move downwards is very much the same as first move (either in $ or % terms). The...

I_M_Shoaib

NEM is formed a falling wedge from recent highs and currently making falling wedge with ABCD pattern. This means there is one more leg downwards to go. In ABCD pattern, the size of the second move downwards is very much the same as first move (either in $ or % terms). The projected price of completion of this falling wedge with ABCD pattern is between 30.22 and...

I_M_Shoaib

HMY is formed a falling wedge from recent highs and currently making falling wedge with ABCD pattern. This means there is one more leg downwards to go. In ABCD pattern, the size of the second move downwards is very much the same as first move (either in $ or % terms). The projected price of completion of this falling wedge with ABCD pattern is between 6.13 and...

I_M_Shoaib

NG. has formed a bull flag with a falling parallel channel and is about to breakout. Bull flag is a continuation pattern so woith complete formation of bull flag, expected price target is 1230 which 24% profit from current price. If we connect two highest points on a weekly point, they coincide with the same price target of 1230, completing formation of a bull...