Cardano and Diametric Pattern
We are currently in wave-g of the Diamond Diametric and it could continue to 0.43.
After the completion of the Diametric, if the Double Combination pattern does not form, we expect an uptrend to form. (The post-pattern movement will show us whether the Diametric has completed or not).
Good luck
NEoWave Chart
Cashdata-plotter
Will Natural Gas Prices Increase?Weekly Cash Data shows a sharp downtrend that stopped at 2.05 and then formed a sideways trend. Given the size of wave-(c) and the time of the waves, it seems that a reverse contracting triangle pattern is forming.
Currently, wave-(d) has ended and wave-(e) has begun. Under normal circumstances, we expect this wave to decrease to the point indicated by the red arrow, and in terms of time, this wave can continue until the time range of August 12-September 12 unless a political or geopolitical event occurs that causes wave-(e) to be shortened.
So, to trade, you must have a strategy along with analysis.
Good luck
NEoWave Chart
Start of Wave-(b) and Neutral Triangle As I said in the second paragraph of the previous analysis, wave-(a) ended at 3500 and the gold price fell by 7% (over 2000 pips) and now wave-(b) has started.
1M Cash Data Chart
I think that a neutral triangle or a reverse contracting triangle is forming, with the completion of wave(b) we can somewhat understand which pattern is forming.