Ive been watching bitcoin prices for a while. I know china is talking their BS capital controls IMO they are just tactics used by whales to shake out hands and dump prices. Strong support at green line and .618 retracement. <3
Perfect time to baghold
I'm new at this and doing it for practice. You probably shouldn't listen to me
count is reliant on AB=CD and the main cycle
I think it lines up with fundamentals
So I will look for BUY once bottom is identified and after first sub wave and correction is completed.
Just an idea i have no idea how this will actually play out
I think these look similar and will behave in the same way.
Lots of people are shorting the .786 retracement and BTC is an illiquid market that is very easy for whales to manipulate. Expect a push into liquidity and hit pper trendline before big ...
In my pursuit of wave theory excellence I'm doing this for all the markets I watch. Silver was a surprise to me. I found it possible that the big C wave ended where the bold C is marked. If that were the case we are in the start of a new bullish cycle for silver.
There is a clear 5 wave structure in the 1st wave ...
This is the S&P forcast according to history.
High is at the same ratio 2.54 of the 3/4 leg
A wave is at 1.27 ext of 4-5 and major resistance/support
I measured out (roughly) the timing from the bottom of the 4th wave
Crash 1 September 2017
Rebound Fall of 2019 when i graduate ayyee
This is just for fun ...
Gold has been in freefall since the trump election
This level should be watched for the following reasons:
Shark pattern completion
2.618 inv ext of trump pump
1.618 inv ext. of B to C leg
Past trend line Retest
Watch price action on smaller tf's don't just buy because it has been in a freefall
I just shorted oil
Move is slow and corrective indicative of retracement rather than new highs
My targets are the green lines. Last target is 1.618 inverse extension and structure level
Move up after country deal was BS Russia and OPEC both increased their production in the months leading up ...
Journal of my ideas:
As i've watched the FOREX markets for the past couple months manipulation makes itself apparent. The most aggregious i'd say was the wick on the EUR/USD pair that took it alost a full percent in under a minute to an important structural level.
I'm trying to understand and this was a thought I ...