One of my big technical analysis passions is time analysis and time cycles, and I tend to follow them closely. Some of these are very helpful when in combination with other TA, to find reversal points at any given time frame, even though I don't do intraday trading, so I focus on big swings, though bigger time frames.
Bitcoin's periodicity is remarkable, and we...
Crude oil prices have remained lacklustre and rangebound in 2024. Slow economic growth and abundant production have kept prices muted. OPEC's efforts of supply cuts haven’t helped. Neither have geopolitical tensions.
Over the past two weeks, oil prices have once more started to pick up steam, supported by trend of shrinking inventory. Despite the price buoyancy,...
NSE:SYMPHONY is a seasonal stock which means it has its lows in the months of Oct-Dec and highs in the months of march-May. One can buy and hold for 6 months for the given target and with a strict stop loss to be followed.
- Price confirms 200 MA (red)
- Seasonality in Starbucks is starting now
- Retraced already over 38 % from the last high in April
So if the FED doesn't send the markets in the basement with their decision I stay bullish in Starbucks....
it played out how it was supposed to
We induced back up to the 1H OB of the BOS leg then headed back down.
I didn't think we would take out the lows.
I guessed that we were going to hit an area highlighted in red and then push upward
my thoughts were based on the fact that we already took February's lows early,
but I do now realize seasonal data supports that...
above all moving averages
has just broken through the decending trendline
bullish seasonality
Expecting the price to rise in the next weeks and months.
I've entered long lately. Reasons:
Technically the trendchannel/flag has been broken to the upside. Trendcontinuation is very likely.
According to seasonality (10 years or longer) the price will peak in mid Octoboer/November (depends on the time period).
As problems in the supply chain, inflation etc. doesn't get solved quickly it increases only the price increase.
