This chart lays out the estimated Minor waves in Intermediate 5 as mentioned in my weekend analysis. These estimates place: The bottom of Minor 1 around 3601.23 today for a total wave 1 loss around 205.68; The top of Minor 2 around 3740.37 on October 12th for a gain around 139.77; The bottom of Minor 3 around 3474.12 on October 18th for a loss around 266.25; The...
Using Price Action fundamentals only, see targets for possible 'Worst Case' scenarios for 2022 Bear Market using 'Measured Moves / FIBs / W&D OBs'. Chart shown in Weekly Time Frame - zoom out and in to look about.
Using Price Action fundamentals only, see targets for possible 'Worst Case' scenarios for 2022 Bear Market using 'Measured Moves / FIBs / W&D OBs'. Chart shown in Weekly Time Frame - zoom in to look about.
$SPY is going for a double top before crashing down to low 200's in the "Great Reset" lasting to 2030. Much like China's "Great Leap Forward" which was one of the largest disasters in history, after which a huge economic advancement was made for several decades. Following the "Great Reset" the United States will enter a period of massive prosperity where...
Take a look at the correlation between Bitcoin price and Presidential & Midterm Elections over the past 10 years. In 2012, 2016, and 2020, price started to rally on election day. These were also years of the Bitcoin halving. In 2014 and 2018, price started to drop substantially on election day. Will we see the same for 2022?
This chart contains the overall planned levels for the bottom. The details are below. Primary wave 5 levels are annotated on the left of the lines and Intermediate wave 5 levels on the right. The blue lines are based on the most specific wave position data and the yellows are slightly less specific. The other lines are common Fibonacci and algorithmic trading...
Hello,Traders! DOW JONES is trading in downtrend But the index has retested A key horizontal level and IF It gets broken, then we are officially In the bear market and in the recession as well So watch this level closely in the nearest weeks Observe! Like, comment and subscribe to boost your trading! See other ideas below too!
Bearish Chart pattern forming on 4h / 1h timeframe indicating a potential uptrend reversal which could retrace to the 0.382 Fibonacci Level and beyond. This trade idea offers an excellent 5+ Risk to Reward Ratio for the remainder of the week and due to the UK's troubles of tax, political unreasonableness and general economic horror i expect this ...
Nifty below this level may turn market bearish , watch out this level
In September 2022, we warned investors about the volatility creeping back into the market and set price targets of 30 USD and 35 USD. Subsequently, in the following days after our warning, VIX skyrocketed, hit our price target of 30 USD, and halted its rise at 34.88 USD. Despite the index halting its climb merely 0.12 USD below our price target, we remain very...
The Bitcoin Bear has about gathered enough scraps to scurry back into his cave for hibernation. The monthly macro chart outlook showing signs closing in on the start of the next Bull cycle with CCI curling upwards along with Macd histogram color change. There is still a possibility of one last test of the june lows for a final shake out, wishing good health wealth...
Simple Long-Term Prediction: Since its highest price, BTC has been in a downtrend but It is hard to label it as a bear market. I am seeing it as a reaction that brought us to the significant support level which has been seen as the last pillar of hope with an enormous amount of fear. If BTC can defeat the emotional level of 21.5k, It will give more buying...
Roller coaster day today. We opened in the morning with a gap down, pushed a little lower and recovered by EOD. 20 day as was my anticipated target for today and we are now basing in in this general area. Cup and Handle pattern looks like it's forming, especially if we hang out here tomorrow and Friday. Might just be tomorrow and then Friday could set the tone for...
5% rally in a month. that's all i have to say. All details in all the other posts identical to this one. (Titled : counter trend rally or Snap back rally) See links below
This Volume Flow indicator shows both in flow and out flow volume . In June, at the current bottom, you can see sell pressure peaked dramatically, and has since waned. Buy pressure, conversely, and gained momentum. They finally crossed over on the weekly. In my previous idea I point out how this same, particular Volume Flow indicator signaled the end of the 2018...
Interesting chart, just having fun with squaring, shows potential support/resistance. Think of the center of the circle as a Sun and each ring as a gravitational orbit, once price action is pushed to the left side of the star, we could see an uptrend(just an idea). If price action losses an "Orbit" then "gravity" pushes it to another ring. Can anyone apply some...
Here's a quick look at the daily BTC chart. As we can see, the bearish trend continues, and the price has been trading within a descending triangle formation for some time now. If the price breaks below the descending triangle, then the price will very likely end up at 14K! The price must stay within the triangle to avoid further downside! I must add that SPX500...
I see this potential scenario in line with the worst case I said a while ago. Not bad honestly.