Professional Documents
Culture Documents
Weekly Forecast 06.25.2023.
Weekly Forecast 06.25.2023.
1 week
Technical analysis:
At 1W TF, we can clearly see that we are moving in a descending structure, and the
supply zone has failed. We had a reaction from the demand zone, then the supply
failed, SND FLIP happened, and now we expect to make new HH, and the price is
moving in an uptrend.
Technical analysis:
On the 4H time frame, the price started impulsively bullish, but slowed down with the
momentum and now we see an excellent breakout, here we can expect a change in the
trend.
Technical analysis:
On 1M TF, we notice that we do not have a clean structure. We can assume that we will
continue to move in this minor ascending structure, or the price might react from the
supply zone and go to the downside.
Technical analysis:
At 1W TF, we clearly see the momentum of the previous PA has slowed down and this
is a negative confirmation, but we can expect a continuation of the uptrend.
Technical analysis:
At the 1-day timeframe, after the corrective PA, the price continued impulsively bullish.
The momentum is present and we can expect the continuation of the uptrend, an
additional positive confirmation is the imbalance and a good candle close.
4H
Technical analysis:
On the 4-hour timeframe, we can see that perfect uptrend momentum is present and the
price is clearly moving bullish. We can expect a continuation of the uptrend.
Technical analysis:
On 1M TF, Bigger picture: The price is moving in a clear downtrend, and we can expect
it to continue in a downtrend; MRPA: The price made a reversal and made a reaction
from the supply zone, and now we are in the demand zone, if the price show us reaction
and we see bullish momentum kick in we can expect to see a reversal.
Technical analysis:
The price is moving towards the downtrend. We can expect a pullback to our supply
zone and a continuation of the descending structure. But we see that the price broke
through the supply zone, which we could have expected because of how it pulled back.
We see that the breakout is not impulsive for now. So if we see a rejection, we can
expect a pullback to the demand zone, which will tell us if the price will change the
trend. We can expect a bearish market if we break through the demand zone. Which is
exactly what happened.
Technical analysis:
On the 1D timeframe, after a corrective price action, the price continued bearish, but
immediately turned bullish and broke through the supply zone. Here we have an S2D
flip, and we can expect a continuation of the uptrend. However, the negative
confirmation is the overall corrective price action.
Technical analysis:
The price moves towards the uptrend, showing us it doesn’t have the momentum to
continue (weakness), so we can expect a pullback to the demand. If the price starts with
strong bullish momentum from the demand, we can expect to continue towards the
uptrend.
Technical analysis:
After the corrective PA, the price moved impulsively towards the uptrend. The
momentum is present and we can expect the continuation of the uptrend, the negative
confirmation is overall corrective PA, but we see good momentum and we can expect
the continuation of the uptrend.
Technical analysis:
On 1D, after a major correction, the price went impulsively bullish and the momentum is
present. We have a good candle close, the price has left the imbalance behind and we
can expect a continuation of the uptrend.
The price is in a very corrective PA. But it shows us a clear bearish order flow. The price
respects the supply, so we can assume the price will continue to respect it.
At 1-day timeframe, after the correction, the price continued impulsively bullish, the
momentum is present and we can expect the continuation of the uptrend.
On the 4-hour timeframe, we can observe a highly corrective price action where the
price broke through the demand zone and then the supply zone. Here, we can expect a
corrective price action as the price lacks a clear direction.
Technical analysis:
On 1M TF, we notice that we do not have a clean structure. Price is messy, but MRPA is
bullish. So we can assume that the price will continue to be bullish. Plus, the price left a
big weakness to the downside. That means two things: the price will continue upside, or
we will see a correction.
Technical analysis:
At 1W TF, the price is very messy. The price is moving in a corrective ascending
channel, it made weakness to the upside, and bearish momentum kicked in after the
correction. But it wasn’t enough to tell if the price would make a reversal and start going
down. Instead, the price shows us it wants to continue bullish with this fakeout. So we
can expect a correction or to continue in this corrective ascending channel.