On December 23rd, I shared my observation that Gala was still undergoing a correction. I proposed it might be following a WXY corrective pattern rather than a straightforward ABC correction ( see idea here ). The key distinction is that an ABC correction is a single structure, while a WXY correction consists of multiple corrective structures linked by an X wave, as illustrated above on the 4-Hourly Chart. Following changes in price action on December 24th, I posted a bullish scenario for Gala. However, it now seems that my original WXY correction analysis from December 23rd is playing out after all—apologies for the premature bullish outlook. What did I overlook? One metric that has consistently stood out to me on the weekly chart is the Stochastic RSI, which I’ve included in all my posts. It has remained bearish, and ideally, I would prefered it to drop into the oversold region before expecting the next leg up. While it isn’t a strict requirement, historical patterns strongly suggest that this should happen. In my last post, I reluctantly considered the possibility that this time might be different—but I now see that patience is a virtue and just a reminder to trade the charts. The WXY corrective structure is clearly visible on the 4-hour chart, and I anticipate the following moves: A drop to weekly support at $0.2961. A potential further drop to either the 0.786 level at $0.2761 or lower support at $0.0249. What’s Next? We are in the final stages of this correction, and it is likely to conclude within the next 7–10 days. My bullish scenario from December 23rd still holds, but it was shared prematurely. I am actually very happy to see the weekly RSI moving down to the oversold region, history shows that most big moves happen when the weekly is in the oversold region. With most coins being in the overbought area this has been an point of concern for me. I have illustrated this point in this idea - click here .
Ethe produced a corrective looking -a-b-c- move down. So wegot a textbook five wave up move followed by a three wave down that re-tested the low made by the low made by the previus pullback by a micro wave iv down That is the bullish setup At the very least bulls could push ETHE up to the Red Supply zone that starts at 3,874
1 inch is fib 0.5 zone, diversion on the stoch, let hope it work out. After bleeding the market these days. Sunny regards
GOLD - Price can break resistance level and continue to going up In my chart as you all see sport touch 4 time to sport level and resistance touch 3 time to resistance level now is the time for gold to break the resistance Entry point 2632 Target 2679 Stop ? Lose 2620 Gold break the resistance level and hit my target ? Trade with your own risk
Chillguy is making downward movement RSI is dropping more than the price, that is telling us buying opportunity is strong . But let wait for breakout of from the the green trendline. I'm just a chillguy publishing my idea. DYOR before buying or selling.
Merry christmas 1 inch is in golden zone, diversion on the stoch, let hope it work out. After bleeding the market these days. Sunny regards
Firs Manipulation on 01/11 Second Manipulation on 25/12 Entry on R$ 6,00 Entry on R$ 5,12 Only Wait. We have a genocide govern.
Scenarios Presented: Scenario 1: A minor pullback followed by a continuation higher. Scenario 2: A deeper retracement into the blue zone (key demand) before resuming the bullish trend. Scenario 3: A bearish breakdown, with price invalidating demand zones and targeting the daily gap below. Key Levels: Upside Targets: 2639 (previous Day high) and 2644 (potential resistance further up). Downside Targets: 2621 (daily gap fill), and 2607 (structural low). Market Context: The overall mid/short-term trend remains bullish, but signs of exhaustion could lead to a good pullback today. Liquidity Zones: The high around 2639 is attractive for liquidity sweeps, and the gap below is a great target for the move giving us a great RR. Trade safe and manage risk carefully!
Here in this video i show you how you can find the right supply and demand zone . So observe liquidity first before you mark supply or demand zone properly.
Charter Communications NASDAQ:CHTR has hit the bottom of my historical simple moving average band. It may consolidate for a while around the current price or dip in the near-term (potentially in the $270's), but dropping interest rates will be extremely beneficial for telecommunication companies in the long-term. There are two open price gaps on the daily chart ($700's) that will inevitably close - just a matter of when. With a 90M float and 12% short interest, it's a stock that could get interesting if upward momentum takes over. Earnings and cash flow growth are anticipated through 2027, so at $353.00, NASDAQ:CHTR is in a personal buy zone. Target #1 = $400.00 Target #2 = $500.00 Target #3 = $600.00 Target #4 = $700.00 Target #5 = $740.00