GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
PREMIER AFRICAN MINERALS LIMITED ORD NPV (DI), LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), LOCATION SCIENCES GROUP PLC ORD 0.01P, VODAFONE GROUP PLC ORD USD0.20 20/21, POWERHOUSE ENERGY GROUP PLC ORD 0.5P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Some Forecast Points to track, along with preliminary EW Sub Wave Counts
Dec Highs, June Lows
Freaky Corrective Wave Pattern
Its ok though this is just the primary wave correction of a much bigger wave ;)
Check out my "The Big Wave" chart ^^
Increased Length of Corrective Waves to be more in-line with the overall scale of the primary wave so far, Targets adjusted to suit, and Wave C targets adjusted to be within the range of its previous relative wave 4.
Descending Triangle Analysis for previous Bear markets periods.
Descending triangle shows 2 zones, the 1st drop reaching the 1st target down, and then the final drop (capitulation) reaching the final target of 50% from the drop from descending triangle break down.
RSI on BTC Weekly Chart BTCUSD. Purple line shows the start of the prolonged Bear Market and the ...
The channel's middle line (50%) has turned into resistance.
If it is, 64% it will break down
Further tweaking and compliance checking resulting in channel realignment and additions..
Here's the big picture of the 2017 rally mapped with candidate Kennedy channels. Pay attention to support/resistance offered by the extant acceleration channels (green) and ultimately the base channel (blue).
Hello all. I've been crunching my way through some big picture Elliott wave analysis. My current play (which *will* be revised in due course as I discover structural non-compliance) is that we are in wave 2 of 3 of 3. This is based upon the depth of retracement after last two major rallies (in 2014 and 2017) and the compliance of the latter to a single channel (on ...
This chart shows the market cycles in each reward era, the current era is in a downtrend phase.
This phase could reach a correction of around 78% - 86%
Plotting a Fibonacci Time Zone between 2011 peak and 2013 peak produces a 1.618 extension at the bottom of the 2014 bear and a 2.168 extension at the top of the 2017 bull. Seemingly defining both trends before hand. I have plotted the same time zone between 2013 peak and 2017 peak, let's see if these extensions are able to predict the trends again.
Long term Channel
Markets cycle, fact. Look at each large 100x or more bull run for btc, it has then retraced around 80% each time before going on to a new ATH and retracing again. I believe we are in another retrace that could go on all through to next year before taking off again. Or, could the retrace already be complete and we are off again?
I like analysing this btc chart.
My outlook for 2018-2026
My chart overlays got deleted, so I decided to start from scratch, which wasn't bad at all after all, since many charts were pretty chaotic (from what others have commented :-)).
Since the big picture is easily overlooked when we look at the smaller timeframes (tunnelvision), it's important to see the overall trend since start to now from time to time to not get ...