OANDA:XAUUSD also had a nice rally on friday. Now we look at how it reacts on Monday. Ideal scenario would see us get a 382 retracement back to the 1643 area to then look for the equal leg ABCD towards 1680 and potentialy a move to the 61.8% 1733 and beyond. But as we are in a down trend we need to be selling any ABCD Retracements. Another one to watch early Monday. 👍👍
TLDR: THE SPX HAS JUST RETRACED 50% OF THE UPMOVE IN PRICE SINCE MARCH 2020 IN 50% OF THE TIME; THIS PROBABLY WASN'T A BEAR MARKET, BUT A TECHNICAL CORRECTION The 50% Rule of W.D.Gann states that an asset will usually retrace 50% of its range in 50% of the amount of time that it took to establish the range. Doctor Alan Andrews described the Action-Reaction...
FX:USDCAD on the longer time frame it looks as though we are heading a lot higher towards 1.3000 - 1.3300 areas. 1.3026 is the 382 from the 2020 high. This is also the area where the ABCD will finish from October last year. There is also the bigger ABCD from June last years low. Once these patterns finish later in the year there could be another big sell off....
Not much has happened over the last week but a very weak rally which is looking corrective. There might be one more low to the 78% around 19237 then I will be looking to short a rally back to the 22-23k area chasing the final move lower towards 12k. Just an update for today, no trades as it is I will just wait for the pattern to show itself and go from there....
this is a kind of time action analysis of gold. combining this method with price gives us right entry in right time and price.
I have marked out the Intraday turn points fot the FOREXCOM:SPXUSD . Ideal Scenario would see a rally into 4030 @ 00:30 just over half way through the US Session setting up another Sell signal. The other option for this is that it could be a low and mark a reversal. The other Key Time is @ 21:30 this might set in motion the next move higher. This is a time...
In this look at COINBASE:BTCUSD I just use simple patterns and timing to give us the downside target of around 12k. This lines up with previous market tops and lows when it retraces up to 88.6% from the ATH. The other reason for one more low is the fact that the 3-4 week rally from the June low was very weak. There is also the pattern of high to high high...
Today Im taking a look at the AI for the next 2 days and how its timing in with major pattern completion levels between 1.8947 - 1.8962. Patterns completing are a Gartley from the 15th low. An ABCD from the 18th high @ 1.8962 A 3 drive completing at 1.8947 Add in the AI @ 2:30 tomorrow morning and this gives us a great set up to buy. If its at a high coming...
Just a simple look at the market repeating. In the Photo I have the TVC:SPX from 2008. In that example we have the market retesting the 200MA before we saw the major selling. From the High in Oct 2007 until that retest was 221 Days and if we look at where we are today we are sitting at 224 Days and we have just hit the trendline from the top. Can we go...
COINBASE:BTCUSD is still edging higher with now real confiction. Im thinking we are coming to the end of this rally. If we take a look at the AI for this week then we could see this have one more rally into Sat evening or has the high already been made just shy of 25k? There are a lot of unfinished patterns just above 26k with multiple ABCDs and the 61.8% level...
COINBASE:BTCUSD Here I take an Intra-day look at possible turn points. The early part of today is working nicely, now Im looking for an ABCD pattern up into the 50-61.8% area around 23800 @ either 16:30 or 19:30. A rally into these times would give us an opportunity to look for a short term sell. The Invert option would see the market sell off from here down...
COINBASE:ETHUSD Is in a CIT Window which could see it reverse into this evening. There is also a smaller pattern completing between 1680 - 1700. Lets see if we can get a reaction here. This is the set up we look for, A rally into the expected CIT window with a pattern. I hope this helps. Enjoy the day. 👍👍
OANDA:XAUUSD has just hit the CIT Window @ 12:30. Now we look to run it down to 17:00 or further depending on how the patterns play out. A nice retracement from the 50% level with the ABCD level 1736. We have rallied 1 harmonic from the 1753 low. I hope this helps. Enjoy the day. 👍👍
OANDA:GBPAUD Is setting up nicely with patterns and AI. At 18:00 we have a CIT window and we are in the area of the Gartley ABCD pattern completing @ 1.7277. Then looking to trend for the rest of the day. I hope this helps. Enjoy the day.👍👍
OANDA:AU200AUD is setting up for another Gartley sell pattern. This time we have the choice of 2 to choose from. The first one comes in at 6730 the smaller pattern. The second would see it going up into the 12th of July which would give it equal time and price. These come on the back of the previous Gartley sell at 7297. Its great when patterns line up one...
Right now I will be anticipating the high of the week being formed on Monday or Tuesday, with the ES trading lower toward the end of the week. Weekly objective of 3800. The market could show otherwise. Not trying to predict. Just trying to anticipate what the market will do at this point, given the range it has been trading in the past couple weeks.
Cf Wd Gann and Alan Andrews Pivots Momentum Squaring of time and price GRI 2022
NASDAQ:AAPL has had a 3 week rally into the 382 from the March high. This rally has been weak with lower volume again on this last 6 day rally. This is where time and price line up perfect. If it gets above 152 then there could be a bigger move to the upside coming. Being the biggest stock in the US Stock market then it has a bit of pull where things will go...