It offers a good shorting opportunity in GBPAUD. The course is currently oscillating within the specified ranges. Sell high buy low - Never forget!
This plot tries to predict a future buy that should happens on June 6th. Time and price are precisely depicted on the plot. If the settings of the buy get accomplished from now to the 6th, then I will buy and I will close the trade as pointed by the green arrow. This new experimental strategy is based purely on Fibonacci settings. We will see how good it could...
Here I compare price behavior in two types of intervals whilst comparing the 2014 & 2018 bear marketing starting from the new year. Jan-Oct 2014 bear market: Red periods averaged 11.4% moves whilst Purple periods averaged 12.2% moves (from period candle close to close). Red periods saw twice as well downward moves, meanwhile Purple periods were 3.5x...
Hey Guys, things seem to be looking up a lot for the SPY, here seems to be one of the many scenarios here that could play out. The SPY seemed to have a fantastic run up here with a slight retractment (B-C) and a possible measured move up to D. Only problem is, that if D is reached, the SPY will have to be completely gassed, meaning it's best to wait for a...
Im not too keen on diagonal head and shoulders but this looks like a good opportunity given that it stays below the neckline after market open (Y)
- H4 Trend Line (TL), Change in Market structure. Daily Down TL break and new HH's and HL's, Inside Bar Bullish Break Out, 50% Fib Retracement, H1 CTL Break - H1 Bullish Engulfing, Bullish MA Crossover
Wall street and many other stock indices are at critical positions. In this video I drill into the action today, from the monthly down into the 5 min time frame, approaching end of the day's session. The GER30 is in a critical position and fighting hard to stay afloat. It rules the world. In general the GER30 does not like a strong EURUSD. And the US30 does...
time does not exist patterns exist fractal, fibonacci, frame in time how many patterns can you find?
Given the recent Cambridge Analytica scandal as well as what happened to the launch of some FB products as well as their API system, things are not looking good. Also the #DeleteFacebook party led by WhatsApp's Co-Founder isn't having investors amused. While Facebook will most likely recover, this is one of the first time their stocks had such a large dip in...
There is also Triangle but I dont think that is gonna work. Butterfly also has AB=CD. Some people say Gartleys C leg needs to reach atleast .618 some people say it is okay to reach .382, so if you listen .382 supporters there is also Gartley Pattern where we pinned Butterflys D leg. Last words the say RSI is probably going to Over-Sold when price reachs the D...
We have a massive Bat pattern that has just completed on EURAUD. The problem is that it's completed on the Daily Time Frame. So in this video, we cover how you can use multiple time frames to reduce your risk and still take advantage of the potential move.
So let's get started. We see 2 Gartley Pattern and both Gartley has AB=CD, ALSO blue Gartleys D leg has Crab Pattern D leg too. And on 1hr chart we see Flags and Triangle broke, but don't mind them because they had go where they needs to go. I dont see any risk except Support break on Gartley 2. I think Gartley 2 has %70 chance to win. Let's see what she will do huh?!
Hello everyone. What i showed in this chart is a clear support and resistance zones from previous pushes and pulls, as well as a big fib retracement showing that we have a MAJOR support line between 765 and 780$. Also, we have somewhat a strange situation upwards, since even though major resistance is high up, between 970 and 1000$, judging by previous resistance...
Hey Guys, Gonna make this very quick. Steel is looking ridiculous right now. It broke out of its logarithmic resistance (extremely hard thing to do, took around 8 years), is at a daily resistance right now of around 51.60, and has fantastic potential to jump up to 57.00-58.00 MINIMUM, 76.00 being Aggressive. That doesn't even include the new tariff Trump put in...
the price is in susceptible zone but in long time frame the trend is bearish, because pullback is completed an ma200 is resistance for its other time frames coming soon.
This is definitely going to be one of my shorter post, but I do want to mention that BTC is looking really good right now. Positive sloping 5-Day Moving Average, extremely bullish ichimoku, and most importantly, BTC has finally crossed it's yearly VWAP!!! Daily time frame is looking decent as well, we should go to 12k before seeing some resistance and falling...
In the chart of BTCUSD, we can see three overlaid triangles of different time ranges. This overall picture matches perfect with the otherwise undecided situation. A triangle is a trend continuation pattern and often easily to interpret. An outbreak of a triangle is usually a perfect starting point for a trade. However, right now, it is not even easy to decide,...
If we repeat the current actions on the daily candles Bitcoin may actually be forming a falling wedge. If so, expectations are a further drop before we accumulate for a run up. Expected price range is $10,140 in the second week of February. It's common for the space to start climbing back up starting mid February as we have seen this pattern over the past few...