GOLD had a nice spike low last week and is looking to move higher. On the close Friday we completed the 3 Drive and also a nice Gartley pattern into the 61.8% area where we a re expecting a bounce especially if this is going to be bullish. We need to stay above 1920 on the short term for this to be bullish, any drop 1900 would see a possible move a lot lower. AI...
Binance along with a lot of cryptos are heading towards a critical turn point in the market. From the 16th to the 22nd of March we could get a decent trend either way. If by the close tomorrow BNBUSD is around 345 then the AI might be inverted and mean we will be looking at the start of a nice rally. The other option is that we get a rally into tomorrow then we...
An update on the previous S&P500 post. We continue to sell off towards the 4000 target. We have had a nice sell off over night and are near the 78% level from the last rally. Now what we would like to see is a retracement back to 4300 to give us another short opportunity. This would tie in with the AI expected move back up over the next few days followed by...
In this chart I take a look at the Total Market Cap of the Crypto market. We have a critical date coming up on the 16th of March if we look at the AI. This could be a potential sell off or the start of a rally depending on if we are making a low or a high coming into that date. As it stands a rally over the next couple of days would set up that sell off but if...
Are we looking at GOLD about to turn into new all time highs. The last 2 sharp retracements have been 100 points into the 50-61.8% area from the previous rise. If the market repeats then 2163 is the upside target or 2134 is the 1.618% extension from this retracement. Another option is a rally into 2020 then another leg lower to 1920 before the next run up....
SOLANA is coming into a possible daily turn point that could be the low of the day. We also have a 78% retracement from the Feb 24th low and March the 2nd high. AI is giving us a 730am window to turn. If we get to 800am or its below 82.00 then its likely to go lower but as it stands its lining up nicely. This could be a major turn point, I will post the...
Today I take a look at Solana and how it works with the intraday AI on it. Firstly it has completed an ABCD @ 83.09 at the expected turn point of 6:30am. Now im expecting it to rally into 1:30pm followed by a sell off again. With this AI there is a 20-30min window if it doesnt turn within that time it is likely it wont work but when we get patterns at Fib levels...
Luna and the crypto market is at a possible turn point to go higher or to give up some more. We are just completing a Gartley Buy pattern @ 47.15. If it doesnt hold this level then we could see it drop to 34.00 where there are major ABCD patterns and FIB levels. We do have the 61.8% level from the May 2021 low but more likely to head lower if the current level...
With this example of Bitcoin I look at a few different options and levels to watch. Firstly on a simple Double ABCD down to the 25500 area which would be a 67% retracement from the March 2020 lows. The next is the idea of a flat Elliott Wave correction would take us to the same level as with that we look at the distance above and the distance below previous...
In this example I look at how I use Patterns and AI to find an entry into a trade. Im looking at 15:30 & 19:00 as the 2 times that we could se a reversal higher. Add the fact that we have an ABCD Gartley @ 1.2692 this gives us a low risk oppotunity to get into a trade. I will post a shorter TF to show how it works. Enjoy the day. I hope this helps. 👍👍
Today I take a look at the Crude oil Market. Firstly we have completed a major multi month 3 Drive pattern and have sold off over $4. The last 2 sell offs have been in the range of $5-$6 so this could do something similar and head higher. At this stage I think we have topped and should see a decent correction to around $80 or possibly more if you look at the...
With the S&P this week we could see a continuation to the downside towards 4000. Last week we completed a Gartley to the 61.8% retracement from the ATH @ the 4590 area. That gives us the AB=CD target of 4000 at that level it will still be Bullish however a break below that level might see more selling. If we look at time and price then our target should be hit...
Hi Guys, GOLD is sitting at our Sell area we where looking for. We have completed the ABCD Gartley from the Jan 26th High with a 10 day rally. This could be a start of a decent move to the downside. Target 1. 1800 - This is the 50-61.8% retracement of the current move up. This would complete a 135 Pattern and be the Bullish option. Target 2. 1750 - This is...
NZDUSD is at a critical level. We have just finished the ABCD Gartley pattern @ 0.6559 and we have had a smaller 5 wave rally from that low. This generally means a change in trend, Now what im looking for is a place to get long on a smaller TF. There is also a possibility of one more move lower to complete the smaller ABCD down and with that if we look at time...
Intraday S&P is setting up nicely for a Gartley sell in the 50-61.8% area form Fridays high. This could potentially be the start of the move down to 4000. This is where I use AI and patterns to find a place to enter. This works nicely for intraday trades and also entry into higher Timeframe areas as well. At this level there is very minimal risk. I hope this helps.
Monero is lining up nicely with the AI today. We have an expected high around 1pm @ 177. This would tie in nicely with the with the ABCD at the same level. This could give us a nice 2-3 day Pull back to look for long trades. Time is key to this, if we get to the time and we are still in a sideways motion then it is invalid. A rally into 177 would complete the...
Here we have a nice set up where a pattern matches the AI. At 8am we have a potential daily low which ties in with a Gartley pattern. The pattern has already completed so the move might've already started. The target for this move is the ABCD pattern of 481. The AI gives us potential turn points for the day and for today it looks to be a trend day to the upside.
The S&P500 is at the critical of 4800. At this level we have an ABCD completion from the mid May low. This is a major multi month pattern with the added confirmation of a 3 Drive ABCD at the same level. If we expect the same move lower as the previous September retracement then that brings our target to the 382 of the ABCD pattern around 4500 which is a Major...