The pair is likely to long-term reversal pivot point is at the level of 0.87. If this assumption is true, it makes sense to expect that the pair will continue to grow in 210 day.
Read a complete description about Elliott wave theory www.bitcoinprice.mobi Bearish divergence
Read a complete description about Elliott wave theory www.bitcoinprice.mobi
Read a complete description about Elliott wave theory www.bitcoinprice.mobi and see more trading ideas & published charts on my blog trading-chart.blogspot.ro
After using the Gann Fan and Gann Box, it showed that EURUSD can be on a reversal trend as it hit the 100% line and possibly heading towards the 0.75 and 0.618 line at which there could be a bounce off. Trailing stop to lock in profit as price reaches 0.75 line. Set stop loss a few points above the 100% line. If trend continues its bullishness, it will set a new...
Here are a combination of ideas involving an inverted repeat pattern tied to a fibo time synopsis. The two Gann boxes represent the first down then up cycle with count. The count is not related to any method, just PA symmetry. The up cycle is longer but retains a fibo relation to the down cycle. The PA can be predicted to point 8, which is the end of the second cycle.
I show everything on the chart. By using Gann Time and Price pattern predict when market breaks out. We also see Convergence pattern. Signal for breaking out in the near future. Next week, very very careful in E/U pair. - GDP of EU on Wednesday -Especially, ECB Interest Rate Decision and ECB monetary policy statement. This might trigger for a new trend.
Looking to enter in a Long Put option trade tomorrow with Zynga, ZNGA. Looking at the chart we see CCI (50) divergence that's been trending for several weeks. @nmike also pointed out the obvious Fisher Spike after we saw double divergence with Fisher and CCI divergence. This is a great combination of indications to suggest a bearish move is in the works. On the...
Seems like it follows this rhythm in the Gann Box. Adds well up with the Elliott wave count. Just remembered: www.youtube.com
Support above the cloud with confirmation in the fan, and at the historic $88 level. There could be significant resistance at $104, being the peak price of the current lunar cycle. The previous three peaks occurred on or just before full moon. Going above $104 now (after full moon) would break the lunar correlation which has been consistent for 3 months. The...
Gann Square Fib analog with 1800 PT in March 2014 $SPY $DJIA $RUT $ES $DIA $QQQ
Looking for a trend reversal on this PAL Daily chart to compliment the PAL Weekly chart. Price needs to stay above the red line on the fan. The grey line is the desired 1x1 price path.
Really amazed by the symmetry of this chart. Many numbers repeated in the construction of the chart, which is something I have not seen before. Not sure if I have been doing something wrong before or what. But i like it. The 1/1 of the major down projecting fan and the 1/1 of the major upward projecting fan intersect the Gann box perfectly at its mid point....