USDCAD - Hurst Cycles Yellow = 18 M Cycle Green = 40 W Cycle
Now that we have looked at our view on weekly charts, lets look at the daily charts. (attached below the analysis on weekly charts, better t read that first to have the forthlooking view) Weekly chart on the minor cycle suggests a minor pullback in the beginning of March 2020. As we are aware, price may bottom a few candles around this and we may expect last week...
Shares of Nvidia Corp. (NVDA) rallied 1.7% toward a record high in premarket trading Wednesday, after Bernstein analyst turned bullish on the graphics chip maker, citing upcoming product cycles, near-term catalysts and the resumption of hyperscale spending. They have raised his rating to outperform, after being at market perform for the past year. They have...
Today I am going to review the chart for CVS health Corporation on a weekly timeframe. CVS seems to be following in 18 to 19 week cycle and we saw the latest cycle low being formed with the candle reflecting 27 Jan 2020. On 12th Feb 2020, CVS reported earnings that broadly beat the street’s estimates. CVS reported adjusted EPS of $1.73, which beat estimates...
The merging of the short and long cycle length Hurst Cycles in addition to the upswing of the Laguerre moving filter set to 40 days, make a long entry in the next couple a good entry point to capture the beginning of the next long term trend. As the Genie-Cycles indicator is projecting, (transparent bubbles on right of chart) expect a reversion period prior to...
NYSE:RH This time its time to look at RH RH has been moving upwards and forming an uptrend since early June 2019. A quick look on the chart and we can establish a few key support/ resistance lines Support 1 : 218.23 Support 2 : 206.60 Support 3 – 192.12 Support 4 : 171.34 Resistance – Stop buy entry level : 228.72 Resistane 2: 243.84 There seems to be...
Using the FFT and Hurst Cycles on the 1 hour
" The bottom is in " is what they say. That's not what I'm seeing on my chart and it's this kind of market sentiment I like to see when making short predictions. If you zoom out on the chart, you'll see Bitcoin has some room to go up while still maintaining the long term bearish trend. I'm seeing 4200-4300 as a good range to short if we get there. This range...
Well, I'm just say all of your indicators have the probability of fail. And now. It's the critical time of both the momentum and volume indicator to both fail. And your chart, your lines drawn by your hand. They all fail. The trendline you drawn is usually invalid. So it's fail. Through it may useful. But now. Anything seems not useful. It's the hardest situation...
See your macd signal or see my beautiful blue macd. It is the valid signal for very small cycle. But may not valid for big cycle. Bigger cycle is down but it's now paused. So this rally is profitable if you want trade. warn. This rally is really small. If you don't have experience for this small price action better igonre that signal. This analysis is only valid...
As you can see I'v already spotted the resistance area on chart. Don't be fooled by indicators. Now The gann square is here. 5d 10d measure time. 1/2 is from my silly use of gann line. IDK what it is so it's a mysterious spot. Seems it just a cycle. Then we should know that The gann angle is a measure tool ;-) It's must not be the resistance speed line. The...
Another attempt at Hurst analysis. I look at When to trade website since they publish the dominant cycle for BTC. I see that BTC will probably move up to 7000 -7300 range and then drop for a new low at the 80 day through. I believe my through analysis is wrong and I will have to correct it, however I can't see where my mistake is yet. I hope a new high will help...
0x/Bitcoin (ZRXBTC) 4-Hour Bars, Normal Scaling, 06/24/18, Written 12:35 a.m. EST, by Mike Mansfield Hi trader friends, we have 0x Protocol under an Andrews 0.618 support line & the Fibonacci 0.618 retracement, with only 3 of 5 waves completed on the downside, so there should be a bit more to come. After the expected low, larger bounce is due, preferably from a...
Following the standard movement of a cycle ( explanation here ) we are on the second top (also known as 5th wave for Elliot). Looking for buy entry since the bigger trend is bullish (higher highs and lows) Michele, Tradingcycles.net
Same as Usd/Jpy (related), trying to buy the dip. Support + cyclical moving average 139.00
The price is now decorrelated from the weekly cycle (not shown here) so, back to usual pure technical analysis: Usd/Jpy's just broken the last top so I'm looking to buy the dip . Next levels: 105 - 105,50 (cyclical moving average + channel) and 103.50 (two supports) How to identify support and resistance using the trading cycles - HERE . Like the idea if...
We are around a multi-year low so there aren't many support (both static or dynamic). The only thing we can see is that the weekly cycle it's ready to reverse (speaking about time) around a higher low. (Bullish situation) Looking to buy around the two green arrow. Tradingcycles.net