I have focused heavily on the Gold run that I have called to perfection thus far and I have neglected Silver so I will post an update regarding Silver!
Silver, like Gold, is on the verge of a large bull run and historic break-out - this is only the beginning. I am expecting Silver to get 20.00 sometime in October, with a move to 17 again next week, and 18 in the...
Bitcoin/crypto enthusiasts advocate (paraphrasing with broad strokes) bitcoin as the evolution of currency from decentralized gold, to centralized fiat, and now decentralized blockchain. The charts we are going to look at are going to suggest
1) Bitcoins chart for 20014 to today looks a lot like gold between 2008 to 2013
2) Bitcions current price action don’t...
Gold’s rally 1046.54 to 1375.12 labelled (i)-(v) confirmed the reversal signature and is indicating the end of the corrective structure from late 2011 with a Double Zig-Zag pattern at 1046.54. This larger pattern is labelled, unfolding as a primary degree impulse, 1(circle), 2(circle) and is getting ready to break to new record highs for gold the next...
This is a new style of trading i am currently perfecting refer to it as CarsonsGannishPitchfork (Module)
Or "CGP" (Module) for short.
If you have any correlating thoughts to my current ideas "XRP having one the best use cases in these regards", feel free to contact me.
Ripple (XRP) chart in attached ideas below.
Thank you and good luck.
My chart may seem...
I feel as if the drop may have ended today (Friday). We shall see. By the way, the price action for the SP 500 perfectly touched that ascending neck line of this possible head and shoulders, before dropping. Things that make you go hmmmm.
Lastly, I was just not that impressed with the Vix and Tvix move. Kind of weak...is that telling us something?
Because we all have a historical pullback to study this pullback against- I feel the majority bias is short. The majority cant trade in the correct direction 100% of the time. That would mean the majority of traders would be profitable. Instead it is a minority that is profitable. The flip side to what everyones thinks is the downside is what follows. This is by...
DE10YBEUR long. The BUND exchange rate assuming a rising triple wave structure. The exchange rate started the second rising stage of this wave structure. Correction of which can start at a W1ATR axis. The third rising stage that started after the correction target price is 169.89
So far the expanded flat scenario has played out beautifully. From a larger TF perspective the risk/reward here definitely still favors the sell side. The current "rally" is running out of steam on momentum indicators and we are currently near the 21DEMA (which looks like it's about to death cross the 50DMA) where the 2nd leg of a typically correction begins. We...
This method will save your time to determine where are the powerful S&R levels for any instrument. It can be used for the continuous chart or the monthly chart. It will also help you to entry, set the stop loss and profit target levels, even if you are using other methods such as Elliott Wave Theory, Harmonic Pattern, Market Geometry (the pitchfork), Demand &...
Hope this idea will inspire some of you !
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Yesterday we were given the opportunity to go long and 100 pips secured!
Today the price creating double top pattern this will give us opportunity to go short.
Traders! if you like my ideas and do take the same trade like i...