Mercury elongations mean Mercury reaches its farthest separation from the sun as seen from Earth.
Elongation days tend to change the immediate trend of the market for a few days to few weeks. These movements could be quiet swift.
Marked on the charts are Mercury Elongation days (Vertical lines) for 2022. Change in trend following those days is self...
Superior conjunctions are a conjunction of Mercury with the Sun, when the planet and the Earth are on opposite sides of the Sun.
These dates bring around a certain trend change in the direction of the market.
Have a look at the recent occurrences which are convincing enough to any logical mind.
Helio Mercury changing zodiac sign.
Moving into Aries.
Moon also moves into Aries.
Does it indicate a short term pivot and trend change!
(+/- 1 trading day)
Here we have XBTUSD ( Bitcoin ) short-term (1H timeframe).
Right now we are seeing volume slowly rising with prices moving above EMA100 (blue line).
The next barrier is sitting at $9841 (MA200) followed by $9980 and $10185 (fib.).
If prices move lower, we are looking first at EMA50 at $9691 as support followed by $9500... We are looking bullish right now.
Namaste.
