This idea is explained on the chart because that’s the easiest way to explain it. If you start at the green “Start Here” star in the top right corner and follow the green arrows, my observations about the current market conditions and how they compare to previous market crash conditions are detailed. Please feel free to ask questions.
JPM on 100SMA, Overextended thought he Bollinger band. 95% of time stock retests back to the price median. In this case it would be around 150.
Price has not reached the bottom line parallel. There is a very high Probability that price will make back to the median line. Good Luck.
plus we are above the pitchfork median.
Price has move up to the upper channel of the pitchfork. Wait for price to retrace back to the confluence area in turquoise triangle.
A more comforting homely forecast for btc / usd, while goats where sleeping.. If..yet to be seen "price reversal" from the current median line hits 13300, the higher probability for a legendary 20k+ pump during 2020 run up / new year / jan week 1 & 2, lures. btc still has route to follow, see projected wave top / frothy head. As local sentiment is now...
Within 80% the second high hits the median square on the nose. ba baa ba baa Now to predict the next big move.. Duke goatclub.io
Bitcoin long completed successfully today from down below 7655, to Sell at 7985. a further analysis with the Gann box shows a good alignment of Time & Price.
THE Power of combining Gann Square math & Andrews Median Line studies gives one a clearer picture of what is happening in any market. NB: Rule #1 : Price will tend to return to the Median line 80% of the time. This alone by charting for about 2 mins give us a 80% trade probability. No need to spend hours pouring over data. It works on anything on any timescale.
long setup for usd jpy (strong res is above be careful
Hi all, AUDUSD is showing a possible long setup at around 0.730, do note that we have somewhat of an ugly bat on the chart which I decided not to display due to C slighly extending A and PRZ D would be at 7225 which would invalidate this trade. I recommend to observe the hourly chart should price hit 0.730 and search for reversal signals like double bottom +...
Price has been forming a pennant structure and it's close to the point of breakout near weekly S3. If there's a break of the trend resistance line, take the long opportunity towards the median pivot. Be aware of the monthly S1 resistance if it moves up(!)
Our next journey showing a lot of information, including: possible breakout points, down and up; support and resistance points; trendlines, fork range and its exits, explained important points in detail; etc.
As you can see, there are 4 important points that might be the crucial checkpoints tomorrow. Predicting that Nr. 1 is a 99% probability (the only way we can pass that range is if it gap opens up or down by +-40 cents). Nr. 2 has 45% probability from Nr.1, Nr 3 has 55% probability from Nr. 1. Nr. 3 has 75% probability from Nr. 2, with 25% probability of a...
Possible XABCD movement for tomorrow (staying in range).