After the big crash of the us oil price now we have a great buy long term opportunity. The price has reacted after touching the 4/1 Gann level and now i will expected an up trend for the next week-month.
Similar situation on the weekly Gann analysis
This point could be the historical bottom for the wti market.
As i've said yesterday () the target i had expected for a bounce was 2450-2440.
The price is arrived near to this level (2441.18). Tooday i think we can see an up price. In my opinion the target for the day is near to 2530.
Based on tooday price movement we could undestand what the market will want to do in the next days.
Today opening will be relevant to understand which will the market reaction.
In this moment my primary idea is: market want to continue his down phase. In this case i think we could see a small bounce near to 2450-2440.
If the market had to arrive on this level we probably see a bounce.
In case of this idea will be confermed, I will update the analysis as...
As you can see on the image the market now is testing the 1/2 Gann Fan. If the price had to broke this level the situation will become critical.
The 2540 level is important because if the price will go down the main trend for this market change from bull to bear.
In this case first target can be 2350 and i think i will go short. If the market reject this idea...
Forecasting the NIFTY according to timing cycles.
Publish date: Jan 4th 2018 - Forecasts have accuracy of +/- 1 day.
DEC 5 LOW
DEC 11/12 HIGH
DEC 18 LOW
DEC 26 HIGH
DEC 30 LOW
JAN 6-8 HIGH
JAN 12 LOW
JAN 22 HIGH
JAN 27 LOW
FEB 2 HIGH
FEB 3 LOW
FEB 8 HIGH
FEB 14/16 LOW
FEB 20 HIGH
FEB 27 LOW
Be careful around weekend forecasts, turns can come before/after...
Not lookin' too good for ZCash here.
Very clear bearish trends. Not even close to the 1/1 retracement angle to be considered at all bullish.
ZCash was overbought heavily at numerous points in recent history, and ZEC is still fighting the inevitable correction.
The uptrend wave on the right shoulder is a bulltrap, and that we're going to see ZCash heavily in the...
I do not trade this but there where some rumors on the box so the thought came, lets throw some Fib Arcs and Gann Angles at it and see what happens....I should have done that sooner as it looks so beautiful.
XRP for now looks like a ripple from a skedaddle from a pebble and it could come down again to go more up...R2R
Enjoy (Circular Geometry)
Om Sri Satoshi...
I think soon gold must to go little bit down...
Becouse if we trust this levels, here is good momment for (min) correction.
Let's wait few hours for that! (y)
Good luck Gold traders
