Update for DXY...After "No Stimulus 'til after Election" triggers market to buy $Index(DXY).
Previously, as linked ideas, I had called for a DXY bounce at beginning of September. DXY proceeded to bounce from its 2011 Long Term upwards trendline, retracing to the 23.6% Fibonacci level($94.40) of the March to September drawdown. From there I forecasted...
I am considering the March-August Rally as completion of Primary Wave 1, followed by a 74.71% Retracement ABC Correction to $2.4852 precisely, reaching just shy of the 78.6% Fibonacci Level.
Considering OMG Rallied from $0.2972 up to $9.86, we have experienced a healthy correction. If in fact you only measure the retracement from March low to only...
I had been calling for DXY to retrace after reaching the 23.6%($94.40) back to local trendline and 14% Fib.
The DXY pulled back to $93.53, just shy of the 14%, as well as the local trendline(blue dotted line).
Now we find DXY regaining its corrective momentum to the upside.
I still contend that the 138.2%($95.39) Fibonacci extension of correction is in...
I see THETA in its 3rd wave of the Three Wave!
When I measure the extensions, the primary wave 1 - 2 extension targets $1.00
When I measure only the sub wave extension(Wave 3) My coordinates are as follows:
Point 1: 0.1983
Point 2: 0.5922
Point 3: 0.3712
For the 1.618 extension of just sub wave 1-2 pivot is also a target of $1.00
Ok, So I've made a few attempts at making a video fro this chart, but, each time the video does not render, leaving me with wasted time and effort, disabling any ability to upload the analysis in video format....
On September 7 I published a chart with my thoughts that ADA needed to correct further to the 61.8% Fibonacci Retracement of the...
I feel Bitcoin will trade within the Falling Wedge Pattern through the month of October, and possibly into early November. The Parallel Channel should act as container until capitulation.
Here is what StockCharts . Com has to say about this pattern:
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move...
I published a chart for DXY at beginning of September(linked below). This video furthers the idea that DXY is in correction mode.
I propose that DXY will make a retracement back to its local trendline, using the 14% retrace of March-September Swing as support now.
Looking for potential bounce from there($93.32 area), then a resumption of the correction to...
Link to Related Idea Below...
Price Low EURUSD: $1.16514 Tested and Held at $1.1652 Locally!
As of the moment of publishing EURUSD Price: $1.1673
I break down the target prices for WXY & ABCD Patterns:
ABCD(revised) 1.618 Extension Target = $1.16507 (EURUSD Low=1.16514) Fractional miss; Target Considered Hit !
WXY "Y" 100% Extension = $1.16426...
In this video I look at chart pattern possibilities, including the text book break down from the recent Inverse H&S Pattern reaching its target to the tick! This target hit the ATH 50% Fib., to the tick practically!
Also, I highlight the potential Inverse Cup & Handle Pattern I'm seeing develop. As of this report $BTC has retraced 50% from swing...
A couple weeks ago I published a chart with ADA analysis calling for further retracement to the 61.8% Levels for March-July Swing.
This video reiterates that analysis, while also documenting the price discrepancies between a few different exchanges, such as HitBTC, Bittrex, Kraken and, of course, Binance!
I am still expecting ADA to test the 61.8%...
BTCUSD hangs on to $10K!
DXY continues to find relief closing above $93.00 today, all while creating separation from its 2011 trend line.
ADA - RSI hovers above oversold territory. As price dips below the 50% Fib. Level at $0.09449, now acting as local resistance. The March trend line is just below to sandwich Cardano's price between dry toast, with a break one...
After the amazing rally CRO Consolidation Targeting 38.2% Fibonacci approaching March Trend Line. After falling through the 23.6% Fib. level($0.15188), now acting as resistance, I see the 38.2% as next target $0.1273