Long gold for a false breakout between 1750-1766 then we will have to go all the way down to 1420-1430 zone then a fly high to $21,000 per ounce . Good luck.
Description: An analysis for this historic week ahead. Points of Interest: Fib clusters at 2710, 200 moving average, failure to get above key retracement levels, Friday $VIX pop to $50+ and break out of balance. Technical: Failed to get above key retracement levels (i.e., 50% and 61.8%). Poor structure (untested POCs or the levels where most amount of...
The promise of better weather this growing season (Farmer's Almanac) than terrible 2019, Locusts in Africa destroying crops and possible higher demand in China for agricultural products should improve sales for nutrients. Canada has the 2nd largest reserves of Potash in the world, and is the leader in terms of global production. One advantage for the price of...
Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to...
Today I am going to review the chart for CVS health Corporation on a weekly timeframe. CVS seems to be following in 18 to 19 week cycle and we saw the latest cycle low being formed with the candle reflecting 27 Jan 2020. On 12th Feb 2020, CVS reported earnings that broadly beat the street’s estimates. CVS reported adjusted EPS of $1.73, which beat estimates...
On the chart you can see cyclic analysis of this coin. Current time calculation between 19-25.1.2020 should give the power into this chart and start new bullrun cycle. You can follow this set-up: 1. market entry at current price 2. set limit order into the zone between 1013 and 1025 sats. 3. set stoploss for both positions at 980 sats. 4. set take profits into...
An interesting Cycle on Gold from 1920 , 20 Years Cycle
Everything points towards 6th January 2020 !!
Miner Capitulation / Hash Ribbons has signaled a buy on daily suggesting that hash rate is stabilizing. Hash ribbons flipped a few days ago and today the SMA 10 crossed over the SMA 20 which is the secondary condition for a long. Looking at a long term scope, this strategy was supposed to beat even an early buy & hold. Mostly by reducing drawdowns significantly....
A strange case for buying Ethereum in the second week of December.
This is a bearish chart, but let me clarify that I"m still bullish, still long at $7800 and still looking for bull market to re-ignite. But is important as a trader to understand what can go wrong and adapt. What if this rally and cycle fails, what happens if mid December is the yearly cycle low? The simple answer is that we would have some very bearish...
Just a rough guess at which stage we could be right now. Btw, monthly momentum almost in positive side.
Bitcoin is a monthly and weekly bull market and currently in a daily bear move which I would categorize as a consolidation. In my early posts I was concerned that we could have topped and opened up a parabolic crash. While that is still possible, I don't find it as likely since this move has taken so long. Had we broke down last month, I would be more...
Since March of 2017 we have only seen 3 bullish crosses on the MACD for XRP/BTC 1W chart. I have circled those crosses. We are very close to a fourth bullish cross which means it is almost time to buy XRP. As you can see, the distance between the crosses is becoming longer and the returns seen after the crosses are becoming less. BUT, that doesn't mean that we...
Its the question everyone should ask and coming weeks will help us answer. This is my current cycle count in a 55 day cycle average, but since this has been so vertical, I'm still a bit uncertain if its accurate. This correction will help us get more clarity. We have a parabolic move, a big drop, a recovery to the 79% OTE, then lose all those gains in a few...
A more detailed look at our current market situation and where we may be heading.