I see a lot a charts predicting short, but when gold is going Long and it looks like it is, most consolidated retraces are followed by a hard push North as seen in the previous Long.
Following on from my previous chart. (see below link), I had predicted a rise then a fall to the present price, this didn’t follow the prediction as it did not rise just continued to drop, this drop was shown in the chart but not as the predicted path. I decided to find out why the continuation happened and found the solution looking at previous dates. My...
BCOUSD went to a low of 53.55 with a steady upward monemt now at 57.70, my fractal method shows a sharp movement north to 66.00 although a pull back at this point should be action to look for, I see a slower continuation north to around the 74.00 region
I see a small drop first to around 1.660, in my idea this then longs without much resistance to around 2.125, I do see some action here, small retrace possibly to 1.950, but overall I see continuance moving to the 2.500 region
My November chart predicted the return to 10000, this happened sooner than anticipated, but because of the quicker advance I now see the crypto going higher
This analysis is a a short term view taken from the long term view chart
Gold has from the Start of the year more or less floated between 1545 and 1590, the 2013 ghost went long to a short setup during this time, in reality gold just ranged straight through, this gives us an area to look at in the short term, I cannot see what can stop it now making its way through 1600, with only 1582in its sights. At 1611, gold may either retrace to...
Following on from my previous idea, (see link below), I took fractals and the ghosted the path from 2012 and overlayed it on the previous chart as stated
The fractal method I use shows the pair longing, the new fractal being smaller than the previous, in my stratagy this indicates that the north push will short after the fractal is complete, but repeat itself once more a month or 2 after, and be large push north
I like most see a short term slight rise, but using my fractal stratagy the mid term view shows continued southbound travel the end of which should break to the low in 2015
A long term view of USDJPY, I used quite a few tools during my analysis, most have been removed to make the chart easier to understand, I believe the chart more or less speaks for it self.
Following on from my previous analysis, EURUSD looks like following its normal practice of a slow upward movement followed by a rapid push north, after this movement I believe it will double bottom to the previos low in October
The Crypto currency in my analysis is now looking very much like its heading north after half a year of south bound travel. I used a lot of tools during the analysis, in order to make the chart easier to understand I have omitted most.
Gold still looking very much looking like it wants to follow my idea, however the late Jan early February dip was not on the agenda until mid-February, but now looks like falling back on track, only a few adjustments have been made and it also throws up more retraces along its northward climb. Note the broad boarder fractal this is assist me in the slightly...
GBPUSD is showing a repeat of a trend seen twice before, following fractal theory
A lot of analysis on USDCAD I see predicting a short from now, however this pair has an unusual trend anomaly, not sure why, but three peeks in either direction, 80% of the time results in the pair showing a rapid short followed by long, as such the analysis shows same above.
Much news coming from China, (wish them a speedy resolution to the virus), news usually has a small action on trades, this mostly being absorbed in a short period of time, leaving the trend to follow its normal projection
Analysing on a longer time frame from my previous analysis of EURUSD, (see below), the pair look now more bullish than what shows on the shorter time frame, however there is an area of concern at 1.10717, here the trend may continue pushing south