GOLD has a cup and handle pattern on the weekly, it should take a few years to see the price rise. RSI had a bearish divergence printing LH, price action was printing HH. The bearish scenario played out. This is my first go at a GOLD chart, NFA. I only do these charts to help others and it is a hobby of mine. Enjoy!
We now have two equal legs back up to 4439 area from the sept 20 low . if we break down from here we should a panic into oct 18 to 20TH and see a print 4162 to 4188 I am 100% cash
a look into an idea that was a dream note til ESG buzz fever hitts the market with Prince Harry and Merkel as Poster folks to the industry this October some issues stocks metals crypto fal into this situation... trick is to spot it before the dump or pump == kinda like Vaporware to actual hardware or sofware with use case \== Takeaway: Volume and key levels along...
SSE ( Shanghai Stock Exchange ) chart. Shown it might completed its long term "Bullish Triangle" pattern. The Western media especially U.S Media have been debating China's Doom since many decades ago to recent "comparing" U.S Lehman brother with China's Evergrande .By checking SSE and SP500 chart.. Maybe The American should be "more worry" about their own "backyard"..
Do we have find any "similarity" between " Wall Street Cheat Sheet and SP500 century old chart? .. E.g .. Robert Have been "talking" about crash for many decades and He "Speed up" his "speaks" more to "annually"...Robert :- The hedge against inflation is debt (real estate), oil(???) gold and silver. #richdad
Thought it fitting to sketch Dr. Jean-Paul Rodrigue "Economic Bubble"model over BTCUSD Weekly TF. Imagine how fast this would move once "FEAR" was to properly set in. Thoughts on price action over the next month? "DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be...
1. Price has drawn 2 diamonds (diamond in diamond) at the bottom of the increasing (purple) channel. Buy signal. 2. A cycle with a length of 756 days (25 months) is found, according to which the price is now at the bottom of the cycle. Buy signal. 3. All major oscillators and indicators are in oversold zones and give long signals. 4. It is necessary to remember...
I think not and therefore I am anticipating a bear market..
Based on two proprietary cycle theories, there will be a pullback in the market in December with a low on the 10 - 11 January 2022. The market based on this theory will rally up into November where it will consolidate at the highs. Disclaimer: This is not advice. I am not a financial advisor. This is factual information based on three cycle theory models.
Hi, Today when I was sure about the head and shoulder patten's necking line was broken (Trusty) + when we have 2 new major pivots that we can find new targets for ending this bear rally, I decided to update my last post about Bitcoin (Topic: Bitcoin Analyze (Cycles)!!!🔄== it moved as I expected✅👇). Bitcoin Analyze ( BTCUSDT ) Timeframe Daily⏰ Location🌊: about...
Pulled a fib ext from the low of bear market Jan 2015 up to the top of cycle in Dec 2017. As you can see it made a full retrace down to the .236 before making its climb back up finding big resistance at the .618 and testing back to the .382 and ultimately the .236 again due to the covid crash in 2020. It eventually made the climb up the extension finding strong...
US markets had a bad day on the streets and would have had some traders scared, but price found support at critical levels. After a long trend following price chart on Daily, price broke through below the Bollinger bands and in a scary position. We need to watch for price action, and see if it falls back in the bands for further review. From a cycles...
FX:USDCHF Dont Forget Money managment !
Have you already shorted ALGOUSD today ? If not, take a nice cup of coffee, get up (or the other way around), wipe your eyes and set a short on it. Why? Time has come. That's why. We're at the end of a massive pump . ALGOUSD RSI (1d) has been as high as today only 4 times in its lifetime, and 3 out of 4 were excellent shorting opportunities , and the 4rd with...
It seems this market could be facing a mega correction similar to that of the .com bubble days... Makes sense considering the S coins in crypto at the moment devouring the space... After breaking below our triangle and forming a lower low we could be in for a ride.
The last 7 out of 11 months has shown us a significant pull back in the SPY / ES1 either right after or soon after options expiration. Just a simple observation.
Based on seasonality, cycles, and Fibonacci, we have the recipe for a top target based on the log growth curve.
Scrpit was in Downtrend since 2015 and now it is in Consolidation making HL& LH. Can be entered after the horizonal Black Line (34.2) is taken out indicationg begining of the Upmove and T1- 44 (Fib Level)