itsjustanalysis

itsjustanalysis Updated 

Strong downside move coming for the GBPAUD based on the following criteria. 1. The orange diagonal line represents one of the harmonic positions of Jupiter. It acts as resistance. 2. Bearish Alternate Bat Pattern. 3. Bearish Shark Pattern. 4. 90-day cycle of the inner year - powerful reversal day count. 5. New Moon phase on the 6th (today). 6. Bearish Divergence...

itsjustanalysis Updated 

Long trade here based on the presence of a Mirrored Foldback Pattern. If price continues to show such respect to the prior swing structure, then we could see a textbook example of a foldback playing out. Will be interesting to watch this playout over the next few months.

itsjustanalysis Updated 

Downtrend for the USDJPY based on a number of factors. • 250 day Gann cycle ends precisely on the 4/8th time harmonic on December 4th. • Ending Diagonal (Elliot Wave) • Triple top formed (A, C and E) against the 114.21 6/8th inner harmonic level. • 90-degree Square of 9 angle has also held as a strong resistance level.

itsjustanalysis Updated 

The EURUSD has moved to the very end of Gann’s final inner year cycle, the year cycle (360-365 days). This extends from the 2018 swing high on Feb 16th, 2018 to February 18th, 2019. Just below at 1.1224 is the 3/8th Major Harmonic, which represents the lower trading range between 3/8th Major Harmonic and the 5/8th Major Harmonic at 1.3186. But those price levels...

itsjustanalysis Updated 

Violent reversal lower based on the following analysis: 1. Parabolic rise. 2. The 3/8th Major Harmonic (dark red horizontal line) is a monstrously powerful pivot level. When prices are rejected at this harmonic level, it’s generally a fast and big drop. 3. The move may be exacerbated by the presence of a new swing high being found during the appearance of a new...

itsjustanalysis Updated 

One WD Gann’s ways of predicting future price action and forecasting of future profit targets was identifying areas where price and time are squared. I’ve learned that Gann’s used of the word ‘squared’ doesn’t always mean a confluence zone of one of his Square’s to one of his time cycles – but in the case of 0x, that is the case. 0x is sitting, right on a square...

itsjustanalysis Updated 

The green diagonal line represents the longitudinal position of Jupiter on the GBPCAD chart. GPLs (Gann Planetary Lines) represent the natural support and resistance levels on a price chart. In the GBPCAD’s case, it has found support against the GPL of Jupiter. Additionally, the 4/8th harmonic at 1.6938 has acted as a support zone. Price target is 1.7704 on or...

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When looking a the chart above, we can see that Bitcion has twice been halted against the 0.618 Fibonacci arc. This is a very normal and predictable process and an example of price action that is often misunderstood. The arcs act as a sort of ‘shield’ or a ‘bumper’ for price. It’s not exactly like a horizontal level of resistance, but it more represents a ‘Yield’...

itsjustanalysis Updated 

Time is the reason for trend changes. The 18th of February was a time pivot in the current Law of Vibration cycle, a powerful 6/8th time harmonic which acts as a source of resistance in time to the trend in force. The 19th of February is a Full Moon and the Moon is Apogee - trends reverse violently if these two astronomical cycles occur near a swing low/high....

itsjustanalysis

The green diagonal line represents the longitudinal position of Jupiter on the GBPCAD chart. GPLs (Gann Planetary Lines) represent the natural support and resistance levels on a price chart. In the GBPCAD’s case, it has found support against the GPL of Jupiter. Additionally, the 4/8th harmonic at 1.6938 has acted as a support zone. Price target is 1.7704 on or...

itsjustanalysis Updated 

Unless something changes in the nex t30 minutes (its 1721 CST right now), Bitcoin looks to close the month of January lower than it’s open. This will mean that Bitcoin has been in a downtrend for the longest consecutive month period in its entire history. The record for the longest consecutive bearish monthly closes was over 8 years ago when Bitcoin traded lower...

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There are two ways to analyze aggregate volume on a chart. VPA (Volume Price Analysis) and VAP (Volume At Price Analysis). Traditional VPA displays the gross volume traded at a particular time frame via a vertical historgram. The second approach, VAP, is often labeled as a Volume Profile. Depending on how the data is compiled, Volume-At-Price is calculated per...

itsjustanalysis Updated 

Holy 2,000+ pip trade batman The GBPNZD pair has a massive upswing potential, with little risk. And I’m just talking about a move to the center of the linear regression channel. 1. The weekly chart shows two hammer candles – with the current week showing strong buying from the lows. Massive buying actually – firm rejection lower so far. 2. The Chikou Span/Lagging...

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Crypto Point & Figure Charts • Point & Figure charts are an old, but powerful form of technical analysis. • Easily and readily identify buy and sell zones. Crypto Point & Figure Charts Point and Figure charts are a form of chart analysis that does not use volume or time – just price. Whereas American Bar Charts and Japanese Candlesticks have a time element per...

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The daily chart for the Ichimoku system is one of my personal favorites to trade in any market - mainly due to it's powerful and early signals that can coincide with faster changes on the 4 and 8 hour charts. More importantly, the Ichimoku system is a genius and supremely effective tool at trend analysis - especially in regards to prior price behavior. As I was...

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UC up against an important 225-degree Square of 9 level as well as the 5/8th Major Harmonic, parabolic on 1h hour time frames and 4hour timeframes, persistent weak uptrend, shorting at this level

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A 10+ year cypher pattern has been completed on the USDJPY chart, indicating a strong bearish move could be up ahead. Considering the multimonth uptrend, there is a high probability of a massive drop happening. However, a harmonic pattern by itself is not a sufficient amount of analysis to initiate a trade - but it can provide significant weight to a bias. With...

itsjustanalysis

Gann wrote a lot about the importance of anniversary dates and to watch and record those dates because instruments will frequently find major highs and lows around those dates. We can see evidence of that on Bitcoin's chart. Venus Retrograde I want to point out the significance of this cycle because there is a strong repition of astronomical cycles coming...