Risky outlook given fundamental events, but hopefully the slide stops around here. Primary election results scared investors away, and with good reason: peronists came ahead by a big amount (I call bs, election fraud...maybe). Either way, history proves that growth is not possible without a huge overhaul of labor, social spending, huge tax rates, and the power of...
I'm calling the bottom here, after all the liquidation that followed the failure of my last 3-day timeframe signal, as price moved back below the stop loss @ 10986, the selling accelerated until it reached the climax an hour ago. It's likely that the drop was caused by the Plkus Token scammers, as I was discussing with a client of mine. They are chinese and most...
If we hold up from here, and don't go below 10769, we will likely hit one of the targets shown by the blue arrows on chart. $Bitcoin is acting strong, showing signs that the long term 2-Month timeframe signal is still calling the shots. Over time, price may go as high as $280000 by late 2020, if it doesn't go back below 6481. Bullish fundamentals are being front...
The long term trend is up until 2021, the intermediate term trend in the 2 month timeframe is about to confirm a new bull market like the one that came after Trump's election in 2016...Interestingly the top of this trend will be at the same time the yearly trend ends. The move that came out of the 1998-2011 consolidation will technically last until 2021. There's a...
I like the chart here, $MTN has some nice upside potential, both from a technical and valuation stand point. As long as prices don't slide below $216, we can expect a 10 week rally from here, reaching prices as high as $295 possibly. Best of luck, Ivan Labrie.
Gold surged and moved past the first weekly target, but there's time left until the week starting on August 19th, to move higher. The 2 month per bar timeframe shows the clearest trend signal, which is the one calling the shots it seems, in the big picture. The targets are on chart, in blue, as long as we hold over 1276.51, for the next 24 months, Gold can rally...
The chart here is very interesting in $TTGT, I think it can rally explosively from here onwards. There's an active yearly trend that aims for lofty targets, with target #1 being quite realistically within reach during 2020. I'm long here, looking to ride the trend from here onwards. Cheers, Ivan Labrie.
I'm holding a long term spot position in $BTCUSD, chances are the 2-Month timeframe trend pans out favorably overall. If that is the case, we may reach as high as 280k by the time it ends near 2021. It is a 16 month trend, with 14 months left in it. Valid as long as we hold over 6481. The biweekly timeframe formed a base and subsequent trend signal which...
I think $UA is acting very strong here, it managed to shake me out of a long position at break even 2 months ago, but after July's surge, a long term Time@Mode trend signal kicked in. Upside in the stock is tremendous, adventurous traders could follow this monthly trend going long around here, or lower, with a rather tight stop @ 20.23. A larger wiggle room would...
I set an alert here to monitor this chart, if $ETHBTC were to fall below 0.02405, things could turn from bad to worse in the ratio chart. I'm currently long $ETHUSD, and waiting to exit in profit, and I think at one point during July we may get a retracement in crypto markets accross the board...I also think $ETHUSD can confirm a monthly uptrend during July, so I...
The biweekly timeframe trend expired, and price corrected 25% in a single day right after. I think there might be some profit taking and a shakeout might take place, until liquidity steps back into the market. The recent claim of a huge short position at Finex should have been followed by a wave of buying since the trader obtained the proceeds of the short sale in...
$GIS offers a very interesting chart setup here, weekly might erupt into a fierce rally, so buying it after confirmation would prove tremendously profitable if it holds up after earnings. I'd wait for the report to buy it on dips after earnings are out of the way but you could accumulate it during a couple weeks, on dips as well. The sector is the least popular...
But due to retrace here likely...The retrace to come will be a great buying opportunity in Gold, the Yuan chart is an interesting way to look at it, given the activity of chinese capital flows. I'm following the Hong Kong activity closely, specially interesting to observe developments regarding the extradition laws in the former British colony. Recently,...
Price has reached a key area of support and is showing signs of selling exhaustion with 4HR candle wicks rejecting of that 1.25000 regions, it's formidable for the price to create a potential lower high or even retrace to a key psychological zone of 1.26000. On the 30min time frame, we see price creating an inverse head and shoulder pattern suggesting accumulation...
Very interesting spot to go long #SNE, I think it could be a major bottom in the stock. Best of luck, Ivan Labrie.
The end of the 90s dollar rally could have been anticipated by anyone using Time@Mode techniques to read the charts. Back then, the last active trend signal in the quarterly timeframe had expired right at the very top of the move, before prices moved lower until 2008. A similar trend can occur in the not so distant future, since the bullish trends are over, but we...
Macri's counter offensive move, in response to Cristina Kirchner's presidential formula strategy was a brilliant one, picking Pichetto as his Vice-President for the upcoming October elections. Pichetto is a man from the Peronist party, but who is not afraid of bipartisan politics in Congress, and who wants to work for the President in Congress, and not force...
this is the 3rd drive into the highs of 0.89155 which price couldn't break, almost creating a triple top, this is a great risk/reward trade as mentioned before.