On the chart indicates a price range between the high at 13894.1 and the low 13005.5 price levels.
We have used Range Doubling (Range squaring) to project the levels we can expect forward as price has advanced passed the top of the range.
In the extension we have the 0.382 level to offer a midterm resistance...
In this discussion we would just explain the price action triangles currently forming.
It critically not advisable to bet against any Index on the primary level for now, markets are just forming the base
for one of the greatest long streak bull trend.
Keep safe, stay tuned and happy new year
In this analysis we will discuss the points of force in the current market structure.
The points labelled A,B,C,D are locations within the growth which indicate these nodal points of force.
This instrument has stalled at the current level which is an important point in the price structure,
also it aligns with definitive...
In this analysis we are going to use dynamic symmetry and vectorial expansions to analyze the swings from
point A to C. The naming for the swings are for referencing purposes only and has nothing to do with
Magnitude of swing AB = V(AB) = 575.76 units
576 units is the 4th square of 12 according to Gann squares
Magnitude of swing BC = V(BC) =...
In this analysis we are doing dimensional evaluation of the individual waves,
The swing naming A, B, C, D are not related to harmonic patterns, they are just for referencing for us to identify the swings,
Magnitude of swing AB = 173.28 units
Magnitude of swing BC = 115.54 units
(AB + BC) = 173.28 + 115.54
= 288.824 units
288 units is the 2nd square of 12 as per...
Guys we would just look at a couple of cycles that have been repeating over time in price action,
If the corrective pattern will align perfectly then we have a swing down to expect going forward.
Stay safe and goodluck
CHFJPY is currently in a bearish primary trend, the current top at 116.7 is a static top in the price structure
The primary swing high at 117.9 from 116.7 defines the dynamic resistance range within the structure
If this resistance range holds, the direction down points towards the 101.7 price level.
The total range from 117.9 to 101.7 is a 16.2 price range.
In this discussion we would just look at the opening of our idea of the market structure forward,
We would look at how market has created a perfect geometry in the LOW - LOW cycles from 2015
and what we can expect forward in time.
In subsequent discussions we would model market and price structure together.
We can assume that price level is a point in motion, moving across obstacles.
These obstacles are represented in price action as support and resistance levels as price moves
to the target point
The obstacles can be classified as PRIMARY SUPPORT / RESISTANCE and SECONDARY SUPPORT / RESISTANCE
Continuation patterns or...
This pair has completed a 720-day top-to-top harmonic range
a 618-day bottom-to-top structure
and a 376-day AB = CD range time
All 3 symmetric ranges coincide on 11th of September, we expect this signal to take effect between
now and 11th September. First target is indicated on the chart with extension towards the 102 price level.
Please note that this symmetry...
Price has completed a squaring structure and we look to buy for the inverse phase.
First projection for the inverse is a 1.4142 extension.
Please note that this signal can last until first week in January 2021 or earlier.