This is an update of the "Possible Diamond Reversal" idea. This is clearly a fractal diamond regression. The same setup occurred recently on Bitcoin. I added the 100 Day Moving Average as this seems to coincide where I placed the lower bounding trendline which I extrapolated from the secondary trend. This trendline goes back to the March 2020 recovery. Most...
Appears to be a very large flag-type formation with hidden bullish divergence on the RSI. The RSI is moving lower and lower into oversold territory while the price is steadily gaining. This is suggestive of building strength within DXY as DXY has held onto all of it's gains since the end of May 2021. I'm calling one more dip before the rally but this is really...
Title is self-explanatory. A bearish doji-looking candlestick formation. Combined with very toppy RSI metrics. All taking place on the weekly chart.
Apparently a bear-flag emerging on iShares MSCI China. Should be ready by the end of September. I expect this to resolve down to 54.11 roughly where support from 2020 sits by the end of 2021.
Appears to be a fractal bull-flag formation on SPDR gold daily chart. Also appears to be following a parallel channel. Two distinct forms since 2020 Form 1 began with the kung flu crisis in April 2020. Hit the bottom of the channel at S1 (156.82) and rallied by 13.82%. It failed to breach the channel upper-boundary and began form 2 from there. Form 2 began...
Long-term trade outline. This will unfold at some point in the future. A potentially very big rising wedge on AAPL. Significant because it is occurring across the procession of all-time highs. Not sure of resolution date. Difficult to estimate because of sheer scale and how early on in the form this analysis is. Trying to estimate it out using EW but count...
It seems to me now that Bitcoin is undergoing an even bigger fractal than I originally thought. These are based on a diamond formation (which is bearish in a majority of circumstances) combined with a very similar patterns of peaks and troughs on the run-up to the diamond form. Multiple options for how to play this. I'm considering attempting to play short at...
There is what appears to be a diamond reversal setting up on the 15m SPX500 chart. The image on the left shows the outline of the diamond reversal. The lines I drew on the chart outline the form which appears to be taking place. #watchout
GBP/USD over the long-run shows a clear falling wedge. Not only this, but it shows clear correlation to the time-cycle diagram represented in cyan. Additionally, the drips in the cycle also conform to a Fibonacci time-zone outline. I strongly suggest that the 3 factors outlined here suggest that we are due a GBP pullback over the next 2 - 3 years thereafter...
This is an update to my idea here www.tradingview.com Please read this first to get a more close-up idea of what actually happened with the recent move lower. Basically, I now think the fractal diamond regression highlighted in the above idea is part of a broader bearish outline. IF I AM RIGHT ABOUT A BEAR FLAG FORMING AFTER THE RECENT DOWNMOVE.... then...
This shows a clear double diamond setup. As an update to my previous idea, it's pretty clear that this is a fractal. The diamond formation is bearish in something like 80-90% of circumstances, so this is a case of fractal diamond regression. I expect this long-running form to resolve within the month.
There is a large bearish diamond taking place on BTC There is also a smaller fractal pattern at the end of it. Suggesting fractal regression downwards.
There is a clear bearish flag pattern on Eur/USD at the moment - albeit a big one. This is taking place on the monthly chart. This suggests, not only is a dollar-index rally setting up, but the Euro is set to fall to parity with the USD. Safe entries are about now-ish. Stop loss at 1.23. Aim to take profit at parity: 1.00
This is a simple enough setup. It appears to be a short-term bear flag on TSLA Is following a clear sine-wave pattern at regular intervals. This means it should resolve either later today or during futures.
A simple comparison between the 2000 blow-off top and the modern-period Nasdaq. They are occurring across two very different time-frames (8hr vs. 4hr) BUT... notice the similarity.
The Chicago Fed National Activity Index vs. SPX From the FED: "A zero value for the index indicates that the national economy is expanding at its historical trend rate of growth; negative values indicate below-average growth; and positive values indicate above-average growth." We can clearly see (despite certain people thinking that fundamentals don't matter...
There is a clear bearish diamond formation on the daily chart of NASDAQ100. Also observable on the daily chart This is straightforward enough. The bearish diamond is a key reversal pattern. See here: www.investopedia.com
Simple enough. The market is showing extreme divergence between Futures contracts priced for next month, and Futures contracts priced for Q4. This is the largest divergence seen within this Futures cycle. My theory is that it could be indicative of a bottom in VIX and the market pricing for more serious volatility events later in the year. Key: Bolder,...