AUDUSD: Buy and Long, multi-year trend change incoming.
The AUDUSD has entered into primary buy zone that I have been. Looking for.
Short term support near the 2/8th inner harmonic pivot at 0.6135. But that's not what is important. It's the Gann Analysis that is important.
Gann focused heavily on confluence zones of time - time, he said, was the reason for change. Right now, we have a massive collection of and culmination of some of the longest and most powerful cycles on the AUDUSD. And all of these cycles existed at the time of the all-time low in April 2001.
Entry levels are as follows: 6160, 6135, 6100, 6060, 60, and 5955.
Short term support near the 2/8th inner harmonic pivot at 0.6135. But that's not what is important. It's the Gann Analysis that is important.
Gann focused heavily on confluence zones of time - time, he said, was the reason for change. Right now, we have a massive collection of and culmination of some of the longest and most powerful cycles on the AUDUSD. And all of these cycles existed at the time of the all-time low in April 2001.
Entry levels are as follows: 6160, 6135, 6100, 6060, 60, and 5955.
Trade active:
The following cycles that coincide with multiple weekly highs and lows, but share the same low in April 2001 are:
Palas transitioning into Capricorn
Mars in Saggitarius
Mars - Ceres Cycle
Jupiter - Saturn Cycle
Uranus - Vesta Cycle
Pluto - Palas Cycle
We also have the anniversary period of major and minor swing lows on the AUDUSD weekly chart:
Late February - Early April, major lows and highs occur in this range
Not shown is the 50% range of Uranus's longitudinal line, which is where the AUDUSD is trading against, a major support line.
Utilizing Gann Numbers, we find a series of powerful cycles culminate in the middle of March as well.
3, 7, and 9 are extremely important numbers in Gann analysis. There are a series of important number 7 cycles to consider:
March 2020 is 49-months from the 2001 (30-year) lows. 49 days, weeks or months is known as a 'death cycle'. (7 x 7 months = 49 months).
From the most recent and important major swing high on January 26th, 2018, we are 777-days from that date.
Palas transitioning into Capricorn
Mars in Saggitarius
Mars - Ceres Cycle
Jupiter - Saturn Cycle
Uranus - Vesta Cycle
Pluto - Palas Cycle
We also have the anniversary period of major and minor swing lows on the AUDUSD weekly chart:
Late February - Early April, major lows and highs occur in this range
Not shown is the 50% range of Uranus's longitudinal line, which is where the AUDUSD is trading against, a major support line.
Utilizing Gann Numbers, we find a series of powerful cycles culminate in the middle of March as well.
3, 7, and 9 are extremely important numbers in Gann analysis. There are a series of important number 7 cycles to consider:
March 2020 is 49-months from the 2001 (30-year) lows. 49 days, weeks or months is known as a 'death cycle'. (7 x 7 months = 49 months).
From the most recent and important major swing high on January 26th, 2018, we are 777-days from that date.
Trade active:
Buy Limits hit at 0.6160, 0.6135, 0.6060
Trade active:
Buy Limits at 0.60 and 0.5955 hit.
New longs added at 0.5825
New longs added at 0.5825
Trade active:
Longs added again, full positions instead of partials at the new 17 year lows at 0.5755, 0.56 and 0.5532
Trade active:
Still holding all positions. Positions held from:
0.5755
0.5600
0.5532
0.5955
0.6000
0.6060
0.6100
0.6135
0.6160
0.5755
0.5600
0.5532
0.5955
0.6000
0.6060
0.6100
0.6135
0.6160
Trade active:
Still holding - looking for a year end target near the 0.6700 to 0.7000 value area.
Trade active:
Stil holding.
Trade closed: target reached:
Closed all trades, major profit!