Don't blink and eye the BULLS have it this around maybe slow but trust us it surely get their . The pair has had its share of the Elliott wave count added with the truncated 5 which came in a parcel (false breakout) completely completing the 9wave Switch over to the lower TF to spot your entries
Gold has just pushed down into our 1750 target area from the earlier post. Now we do expect to see some accumulation at this area before a mark up higher to our longterm projections. Wait and see how the accumulation phase plays out before trying to get in long, especially after the strong sell off we just experienced. - Price pushed back into our 1700 - 1800...
In a market where most stock valuations have skyrocketed to Mars, Lumen Technologies is one of the bright exceptions, being perhaps one of the safest investments available, for the investor to sleep soundly at night. LUMN has great fundamentals and is a much underestimated VALUE STOCK, ready to change the declining trend of many years to rising. In an article...
AT THE BEGINNING OF THE MARKET: SELL LIMIT: 1945 Final TP: 1400 BUY LIMIT: 1400 Final TP: 5200 SELL LIMIT: 5200 Final TP: 800 Guys, if you want to predict the future, you have to STUDY a lot... "Dust off your study books, and STUDY". Just that!
Hello Guys and Community! Please check out my analysis on SPY for the next week. The last week was really in a small range and in a small volume of trades. For the coming week, I am waiting to be thrown off balance and move to one side or the other. On the chart you can see my S / R levels and very strong weekly and monthly levels from the Market Profile...
Hello fellas, before we start over with this new chart work of bitcoin analysis, I would like to say Happy New Year of 2020 I hope we can be a better in every aspects of this coming year and if we do make a failure back at 2019, I would like to apologize for it too. So, let's get back to the point and because today is a very special day which we are approaching...
Welcome everybody, I hope you guys find something here you can use long term in your own trading. This is my long term BTC chart. It is pretty simple, I just want to sit and relax and wait for the bottom to be hit and formed. Then the fun part starts scoping cheap bitcoin and alt-coins for some fun 10-20x increases long term. Alt-coins follow btc most of...
Don't miss out on this longer term analysis, which includes the Bitcoin Halving Events in 2012, 2016, and the upcoming 2020 (vertical lines in green). This is a combination of 2 main indicators: EMA Ribbon - We observe longer line in green (indicating sustained uptrend) vs red (indicating sustained downtrend). historically, the red portions are relatively...
It seems that with the termination of wave C of the last zigzag pattern as a 3-extended impulse wave,wave b of the larger degree pattern (probably flat) has come to an end.. If the wave scenario is correct, targets 140, 147 and 156 will be available.
Unfortunately Tradingview doesn't have the complete historical chart of American stock market dating back to the 1830s or even 1790s, the age of Philadelphia "Board of Brokers". I'll try to explain briefly here: www.chartertrust.com 1790s to 1835: 1st Wave 1835 to 1842: 2nd Wave 1842 to 1929: 3rd Wave 1929 to 1932: 4th Wave Now is the important part: 1932 to...
Hello everyone! I have a fresh, juicy idea straight from the trees, its even greater than all my previous posts put together, and I mean it. However, I agree its tiresome to read, and I don't want every post to be like this, but this one is an exception because I have something really important to say. As you know I have a habit of writing very long posts, I have...
Hello everyone! I have a fresh, juicy idea straight from the trees, its even greater than all my previous posts put together, and I mean it. However, I agree its tiresome to read, and I don't want every post to be like this, but this one is an exception because I have something really important to say. As you know I have a habit of writing very long posts, I have...
In the chart I drove Elliot wave count on Monthly timeframe. If wave count turns out to be correct, we might be in wave 4 at the moment. Strong support could be seen only at 1200-1400$ range. If you look closely, we are forming U shape temporary bottom. Looking at MACD (-777.014) we might also see it bottoming out. Looking from psychological perspective it would...
When I fit the chart in the Fibonacci sequence, I conclude that it exactly fits in the sequence as how I show it here and as how my experience has learned me that charts behave concerning the Fibonacci sequence. - The price went up from '0' to 700 points between 1980 and 1996 = Fibonacci 0% to 78,6% - Than the price went further to 1200 points between 1996 and...
With the Head and Shoulders pattern clearly making itself known, the signal to sell will be clear after price hits and respects the 1.19500 to 1.21000 zone as resistance, just like the left shoulder did. For now price and future of this pair is bullish and from there on out we will be looking to ride the price down.
Momentum up is not that strong, resistance is quite strong which means price is likely to reject and drop off. This is what might happen: - Price goes to 1.31 - Rejects at 1.31 and goes to 1.30, then 1.29 and further target to 1.275.
I have now been thinking since the 12th that a retest of that Marabozu was needed before we could move higher. I did not expect to go as high, and I am highly suspicious of the neck-breaking pace of sentiment change in the space. Too many loudly bullish peeps out there for my liking, and this is an indicator as good as any other so I keep thinking this could turn...
We're currently testing the 23.6% Fib support level, which if broken can cause the price to fall to the neckline. The second shoulder shouldn't top the first one. A further correction downward could face two possibilities, a rebound around the 2 stdev Bollinger band followed by a retracement once the 1 stdev Bol Band is hit, or straight to the lower trend line.