Credit to @awaza who gave me the idea to start using ellipses to analyze trends. It is a highly enjoyable and so far relatively reliable technique.
If price leaves the ellipse to the downside, the trade is void. Good luck!
Going against current bullish consensus from buy/sell indicators.. To fall off the mini ellipse and July 8th is potentially next major time pivot. Cheers, Keops
Signs of Bearish Gold Tonight -Bearish Engulfing Candle -Flag formation -Weakening RSI Equals Bursting the Gold Bubble
Dead cat bounce is imminent.. won't last tho.. enjoy! Cheers, Keops
Silvah is preparing a nice bounce.. enjoy! Cheers, Keops
The price going in a circle and the triangle completing. So we waiting for triangle broke
Fun with ellipses. Nothing more, nothing less. Oh actually, something more, Some moving averages. 'History doesn't repeat itself, but it often rhymes' satoshi nakamoto, 1876.
This is a new combination of a double ellipse and gann box positioned in harmonic manner. FYI, ellipse edges are very powerful resistances and supports. There is still some room for another bounce.. enjoy! Cheers, Keops
More testing on this new setup. FYI prices react to ellipse edge.. enjoy! Cheers, Keops
Price captured by downward ellipse.. looks like market participants is slowly realizing that the punch bowl will not be refilled.. Busting 2nd ring is not a positive indicator.. Cheers, Keops
New ellipse setup resonating Gann geometry. Sitting on a support line right now.. 2632 is line in the sand.. if it is breached.. lookout! Cheers, Keops
Introducing you the double harmonic ellipse setup ! Incoming edge bouncing.. maybe will go a bit lower around 259-253 range to find support base then bounce time ! Cheers, Keops
This is a double harmonic ellipse setup over long term data ! IMO gold had already started a bounce and will be starting a breakout move that will catch the upward ellipse middle line. Next new candle is Oct. 2018.. enjoy! Cheers, Keops
A potential nice short in the making but for now lets see how far it will retrace.. enjoy ! Cheers, Keops
I really don't have this much time on my hands, but I saw a chart from someone posted as a comment (@BTC_SA) with some ellipses... I thought I would check it out. Here, it compares late March-early April to the present June. I initially was going to prove another point, but this is where it ended up. I took some liberties, and not totally sure what it proves, but...