Wave Cycles for MT4 Identifies cycles derived from every major high and low and automatically paints them on the chart for you. The ANGLE of the cycle gives you a roadmap into the future as to what type of move one can expect. The steeper the angle the greater the tendency for a market to rally/decline rapidly.
The cycle line is constructed by taking the opposite extremes of a cycle. Connecting the previous high to the subsequent low, and vice vera: connecting the previous low to subsequent high. Parallels are then drawn from the high/low, identifying the cycle channel as demonstrated on the chart. The ANGLE of the cycle gives you a roadmap into the future as to what...
Wave Cycles for MT4 The indicator identifies cycles derived from every major high and low and automatically paints them on the chart for you. The ANGLE of the cycle gives you a roadmap into the future as to what type of move one can expect. The steeper the angle the greater the tendency for a market to rally/decline rapidly.
If we break above #2 Parallel Resistance we can expect price to move higher in the angle of #1 Bullish Cycle. Wave Cycles for MT4 The indicator identifies cycles derived from every major high and low and automatically paints them on the chart for you. The ANGLE of the cycle gives you a roadmap into the future as to what type of move one can expect. The...
Unless price breaks above the bearish cycle and pushes higher we can expect EURUSD to continue to lower levels. We will very likely see a drop to test support of the current cycle. Wave Cycles for MT4 The indicator identifies cycles derived from every major high and low and automatically paints them on the chart for you. The ANGLE of the cycle gives you a...
Wave Cycles for MT4 The indicator identifies cycles derived from every major high and low and automatically paints them on the chart for you. The ANGLE of the cycle gives you a roadmap into the future as to what type of move one can expect. The steeper the angle the greater the tendency for a market to rally/decline rapidly.
For a sustainable immediate downtrend we have to break new lows within 3 time units. The daily bearish reversal stands at 1324.6. Wave Cycles for MT4 The indicator identifies cycles derived from every major high and low and automatically paints them on the chart for you. The ANGLE of the cycle gives you a roadmap into the future as to what type of move one...
Bitcoin is as of now trading above the daily bullish reversal of 9095.1. Only a closing today above will suggest a test of the weekly bullish reversal 9792.8. A closing above the weekly bullish reversal of 9792.8 this week will be very bullish for Bitcoin. Wave Cycles for MT4 The indicator identifies cycles derived from every major high and low and...
Only a closing above resistance with failure to close back below would signal a continued rally is possible. Wave Cycle Indicator for MT4 The indicator identifies cycles derived from every major high and low and automatically paints them on the chart for you. The ANGLE of the cycle gives you a roadmap into the future as to what type of move one can expect. The...
Price is now trading below the #2 Wave Cycle. Failure to close back above will suggest the beginning of a decline.
Momentum peaked back in May 21, warning that the rally is due for a correction. A pullback to test support is now likely.
Bitcoin have been pushing higher for the past days. We now need a daily closing above the 9095.1 major reversal to signal a continued rally.
Gold rallied up to test the major bullish reversal of 1324.6 but failed to elect it. It is likely to now see Gold head back down near term to re-test support, before breaking out to the upside. A closing below 1324.6 on a daily basis would be quite bearish. A closing above 1349.0 on a daily basis would be bullish.