this is really cool so I wanted to share it.. stay profitable out there!
NULS is closing to an end of downtrend and getting ready to storm into a new cycle with an astonishing growth. Wow wow wow!!! Is it really? No!!! Don't be fooled by FOMO =) But the coin is good and promises some good growing. It is too low to fall lower and found a floor at 166. Breakout of parallel channel is near and the targets are 195, 206, 212. Long term is...
This is what I see. This is our roadmap. Our destiny. Possible ways it will be. And a bigger scale to see the trendlines. And very interesting - cycles, very small ones I have traced. I like that chart.
Cycle period: From ~12 Aug '18 till ~14 Aug '19 Short on: ~25 Dec '18 ~27 May '19 Long on: ~18 Oct '18 ~14 Mar '19
New cycle coming up for GBP/USD, it starts ~10 Oct '18 till ~11 Oct '19 a top will be reached around ~26 Apr '19. We're going down til 10 Oct '18 after that we can go long till 26 Apr 19.
New quarterly cycle just kicked in from ~20 September 2018 till ~21 September 2019 . We're going up till ~ 29 November 2018 after that will start going down with the yearly Christmas/new years chaos coming. I expect it to go up around ~ 21 February 2019 again. Important levels we need to break: ~ 7550 and ~ 9940 after that the bulls are in control.
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I am predicting it will reach the green are by the time and date shown. The indicators I used were: 1) Gann 2) Ichimoku 3) Lunar Cycles 4) Elliot Waves 5) Fibonacci
In 4 weeks, it's been exactly one year since the start of the rally from the $5.8-6k floor, 7 just meeting 77, what's next? TZ or TTM?
Look like Chinese names are improving since the news that talks will continue between US and China. I'd be looking for the test of the 38.2% resistance on the fib retracement before it pulls back again, longer term the chart is looking dangerous. It seems to have broke its uptrend from last earnings with a gap down back at the beginning of August. will be...
Weekly chart shows a nice tradition of profitable pumps. According to cycles theory we might be in the beginning of a new one. The price bounced of higher support level than previous lowest and goes up. While on a weekly chart trend reversal is not that clear, day chart looks more positive. Doted SR lines are based on day chart while solid on weekly. I will...
Wow...Litecoin is down 85% off its highs, look at all that value! This must be a great time to buy, right? Sadly, the perception of discounted value based on the size of an asset's fall is one of the oldest traps in the investing game. And in Litecoin's case, too many are failing to appreciate that at the $50 level, Litecoin is only back to levels seen in Nov....
In this idea we are focusing on the daily time frame and the broader price structure. First a quick note on the recent drammatic 1000+ point drop from the $7450+ highs. As other traders have mentioned, these markets are extremely dangerous to trade on margin, unless you’re coming in and out for a quick 1-2%. There is just too much risk of a short or long squeeze...
Since last ATH @3$, XRP suffered and touched major resistance @0.25$. XRP might be ready to make a decent move and touch moving average resistance. This trade is in my opinion safe because the 0.25$ resistance has touched once and XRP kept bleeding since ATH. I'd recommend to wait for XRP to drop a little bit and then buy between 0.25 - 0.3$. Safe sell would be...
So that gbp/jpy short worked really well last time and i am expected it to weaken again here looking at support for further down at tthe 23.6% fib retracement from the highs on july 31st to support from august 10 -15th. Right now the 38.2% fib is holding, would expect it to bounce back up to that horizontal red line an drop back down break the 23.6% and could be...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Using Cycle Analysis we can see multiple Intermediate Cycle Lows (ICL) of about 4 to 5 years in duration with the next one due in the second half of 2020. The next event that will signal the direction of rates is if the 10 YR Bond breaks the upward cycle trend line from the last ICL. This could occur two ways: the bond moves sideways and breaks the trendline in...
Bare with me a second while I explain this really quick. But before I do, get out your magic 8 balls, chicken bones and some dice or whatever, cause this is going to get really weird. I utilize Financial Astrology in my trading. Financial Astrology is nothing but mathematical psychology based on astronomy. Or just correlating historical price behavior to the...