Idea is based on a combination of Elliot Wave theory, Median Line Analysis and Fibonacci ratio's. The rationale behind this technical analysis is shown on the chart along with specific targets. If you are about to copy this setup, please do so at your own risk. Good luck
This currency pair is in a relatively strong down trend, following a modified Schiff. The EUR is still pretty weak, whereas the JPY is the strongest of the major currencies. Now that the major low to the left has been taken out, I expect to see new lows. There should be some support around 135.25, coming off the prior highs, but it can dip as low as 134.
Idea is based on a combination of Median Line Analysis, Elliot wave theory and Fibonacci ratio's. The rationale behind this technical analysis is shown on the chart along with specific targets. If you are about to copy this setup please do so at your own risk. Good luck
Idea is based on a combination of Median Line Analysis, Elliot Wave theory and Fibonacci ratio's. The rationale behind this technical analysis is shown on the chart. Good luck
Idea is based on a combination of median line analysis and Fibonacci ratio's. The rationale behind this technical analysis is shown on the chart along with specific targets. No more stop losses in my idea's. They have been hunted too often lately. If you want to know those...PM me. Good luck
Was recently looking at the chart, "WHEN WILL WE BREAK 700?" by ItisCalvin and decided to make a few slight modifications based on a technique called the 50% Pitchfork as outlined by Patrick Mikula in his book, "The Best Trendline Methods of Alan Andrews and Five New Trendline Techniques.
I did this modification for a couple of reasons.
1) While using a...
Idea is based on median line analysis and Fibonacci ratio's. The rationale behind this technical setup is shown on the chart along with specific target and stop loss. Good luck
(See first part here: )
The third triangle is the black symmetrical triangle. It bears some resemblance to the blue triangle in that price spent quite a bit of time looking as if it might make a run at resistance, but instead falling back toward support.
The next element is the Andrews' Pitchfork. Although price broke through the upper parallel line, it has...
Bitcoin $550: The Maginot Line?
Recently there has been quite a bit of analysis of the Bitcoin price and support in the $550 to $560 or so range. While on the one hand, there indeed has been some support there, I'm wondering if that level hasn't transformed into the equivalent of the Maginot Line (en.wikipedia.org) - something that appears to be a strong line,...
The Bitcoin price has continued to decline on declining, very weak volume. After the Bitcoin price failed to stay within the ascending pitchfork, and fell through the red trigger line, another downward Andrews' Pitchfork was drawn. This second pitchfork has been notable because price has failed twice to reach the upper parallel. Instead, price has fallen to the...
Idea is based on a combination of Elliot Wave Theory. Median Line analysis and Fibonacci ratios. The rationale behind this technical analysis is shown on the chart. If you are going to trade this index according to this idea, please do so at your own risk. Good luck
Idea is based on a combination of Elliot Wave Theory, Median Line Analysis and Fibonacci ratio's. The rationale behind this technical analysis is shown on the chart. If you are about to copy this setup please do so at your own risk. Good luck!
This idea is based on a combination of Elliot wave theory, Median line analysis and Fibonacci ratio's. The rationale behind this setup is shown on the chart along specific targets and stop losses. If you are about to copy this setup, please do so at your own risk. Good Luck
This idea is an illustration of an experimental approach that I have been developing with the use of Median Line Analysis. To my knowledge it is a unique approach using this technique. The rationale behind this technical analysis is shown on the chart. If you have any questions regarding my setup I'd be glad to help. Wishing you good luck
Idea is based on a combination of Elliot Wave theory, Median Line Analysis and Fibonacci Ratio's. The rationale behind this technical analysis is shown on the chart along specific targets. If you are going to copy this setup, please do so at your own risk. Good luck!
Idea is based on a combination of Elliot Wave theory, Median Line Analysis, and Fibonacci extensions. The rationale behind this technical analysis is shown on the chart with specific target/ stop loss. If you are about to copy this setup please do so at your own risk. Good luck
Idea is based on a combination of Elliot Wave theory, Median Line Analysis and the application of Fibonacci Extensions. The rationale behind this technical analysis is shown on the chart along specific targets. If you copy this setup please do so at your own risk. Good luck
IDEA IS BASED ONA COMBINATION OF ELLIOT WAVE THEORY, MEDIAN LINE ANALYSIS AND FIBONACCI NUMBERS. THE RATIONALE BEHIND THIS SETUP IS SHOWN ON THE CHART. THIS IDEA IS NOT MEANT AS TRADING ADVICE. IF YOU ARE GOING TO USE THIS SETUP PLEASE DO SO AT YOUR OWN RISK.
