Im seeing a big call here. Looks like a Delorian on the weekly. It lines up nicely with the purple zone fibs - Patrick Kenney style. Aslo I bet an evening star will appear at this trend line break, (kings crown seen on the smaller time frames) = the fake out of the bull run before it dumps to fulfill the emotional prophecy of 2017, the retest of its last big B...
Looks to me like a BEARish crown on the daily USD/JPY Chart Fundamental note: Based on the weakening of the US dollar through inflation. Real Yields are currently negative. Technical note: 5 Rules of a Bearish Kings Crown: 1-Market breaks up trendline 2-Market takes out a major support for a lower low 3-Mark the B high of the uptrend - for potential entry...
Idea seen bullish. Currently bearish towards set up. Looks like Bitcoin wants to smack its previous euphoric high like 2017 as resistance before it springs to 250k this August 2021 ish. 6mo swing. Roll stops to BE quick and let em ride to the moon. (Safemoon coin looking like a good buy right now too FYI) Scalping: Seeing lots of Elliot waves true on the 5 and...
Recently we have seen some nice sequence entries, bouncing off the 1.618, and I see another one coming triple confirmed with more reasoning. Notice the recent bounce off the previous high, so now is bearish, (purple bounce zone off 1.618 Also!). Notice the ascending channel since it bounced bounced bullish off previous purple bounce zone.(sorry chart may not look...
These are set ups i see coming. Calculate 2% risk per trade always. Pull stops to break even and take partials at major reversal zones. Note some of these trades may take weeks or months to fill. Verify these technicals against fundamentals before entering. Also verify Price action and intuition before entering. Don't rush! Search for Delorian set ups to possibly...
Where I go long on gold based on sequence strategy and Delorian method. Long swing trade. Target built on weekly Entry zone built on daily Refined entry using Delorian shift. Alerts to cancel set if breaks formation. If so just rebuild. Trade may take 1-8 weeks to form.