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
Happy New Year O' man, silver could be on the verge of major breakout. If true, major resistance is expected around 20.86$. This is a long term chart of comex silver contracts.. enjoy!!
Cheers,
Keops
This is a monthly chart that shows important relationships in terms of price and time. As we can see, through the 2008 crisis the market plunged almost 60% and saw around 350% increase thereafter, painting an all-time high in September 2018. Currently, the 10-year-cycle is seemingly done and another big selloff in the equity market appears to be zooming. The 25%,...
Why not leverage the fact that a gann box is a fractal.. if you want to zoom in on something just draw 1 sub level fractal then you obtain the answer. enjoy!
Cheers,
Keops
Oil is approaching a potential longterm demand zone as shown in the chart. This chart is squared to the highest selling price of UKOIL, the levels of 1/8ths and 1/3rds are also derived from it. The bearishness is still very much present in this market but usually the best time for longterm accumulation comes with a lot of fear . The next 500 ticks of downside...
Oil has been selling off violently in light of it being a highly politicised commodity. CLM2019 first saw a 1/3 decline from its recent top value, where it found some support and managed to pull back to around 1/4 discount point from its recent top selling price. Currently, it has broken lower than the 1/3 discount price and is seemingly going for the important...
its a trade for scalping, so enter with 2% or your capital when it reaches a target and buy when it retest the one below it.
be careful with this trade if you are going to play it, and use sl right below the previous support.
happy trading.
