simple_don

simple_don Updated 

Analogue presented suggests WTI is undergoing complex correction. IF the analogue holds, suggest WTI to rally to new highs over the next few months. Price action including impulsive wave 1 and corrective 2 would confirm.

simple_don Updated 

The chart shows an analogue between the 1929 Crash Vs Berkshire Hathaway August 2022. If the set up plays out. BRK.A is at or only has small amount of upside left before it crashes. IF it follows the analogue, the downside target is roughly 80000 in a matter of weeks.

simple_don Updated 

Analogue between Russia Market Crash and US major index SP500 since the low of the Covid Crash. For most of the time both markets tracked well. In the last leg to the ATH however, Russia diverged to the downside while US markets held up for another 83 Days. Analog suggests that market participants may not be expecting continuation of crash leg. "This couldn't...

simple_don

The chart shows an analogue between the 1929 Crash Vs Berkshire Hathway August 2022. If the set up plays out. BRK.A is at or only has small amount of upside left before it crashes.

simple_don

specifically looking at the price action in the final phase of the top. Im looking at the similarity in the final waves. If the analogue hold we should see a 50-60 % retrace of the the down move before powerful wave 3 down.

simple_don

The chart shows Analogue between 1929 market Crash and the Russia 2022 Market Crash. The similarity of pattern is quite remarkable. Analogue suggest market is in at or near a bottom and is heading into a rally. That rally if it follows the 1929 script will be corrective and lead to devastating protracted bear market for several years.

simple_don Updated 

This trading range may turn into a continuation or make a significant top. Either way, there is the possibility that prices will fall into support 11600 level.

simple_don

tokyo stock market ripped higher after the election into a buying climax (BC) on the 10 NOV. after that a sharp automatic reaction (AR) set up the trading range. from that low on the 10th NOV market rally to upthrust though the BC key level at 25865 Now price is below that level and retesing the underside of resistance. Possible that a move down into 24800...

simple_don Updated 

EUR/AUD could be primed for a breakout to the upside OR a False break before a finale move down below support 1.6 to form a spring. I tend to favour the latter optoin but the long side for a breakout is tempting - tight stops though.

simple_don Updated 

EURAUD exhibits a clear trading range. Trading range = pre-curser to directional move. Looking for a spring in the next few trading sessions.

simple_don Updated 

If you belive -ve rates are a thing then this trade is not for you. If rates have hit all-time lows then this Wyckoff topping pattern on the 10 year T-note weekly chart makes fundamental sense. Technically it has a lot of work to do to the downside to confirm. Typically Wyckoff tops with Upthrust after distribution (UTAD) resolve swiftly to the downside. Noting...

simple_don Updated 

G'day watching price action though 3.09 zone. The possibility that the breakout move 18 SEP could be a Wyckoff UTAD.

simple_don Updated 

The downtrend that has been in place since the March 20 high may have concluded, at least temporarily. the market has moved sideways in a trading range since 31 June The market is potentially in a back-up move. Needs to hold > 8.639

simple_don Updated 

Possible Wyckoff set-up on 1 hr time frame Stop 0.685 Entry target 0.688 Trade Goal >0.695

simple_don Updated 

On the Weekly chart of the USDOLLAR index, I have plotted the components of a Wyckoff Distribution pattern. IF the analysis is correct, then the US Dollar is about to enter a mark-down phase that should last many months and pull it down to at least the 72.00 level (1.618 Fib extension).

simple_don Updated 

My analysis concludes that this market has a topping pattern. This analysis would change if prices exceed 6740. I have initiated by selling at market. Limit order at 6685.

simple_don Updated 

Broad wykoff topping pattern.The market has lost momentum into supply zone. Short

simple_don Updated 

Speculating on a strong US dollar via the USDJPY cross. The range is well defined. Limit order places to buy 107.9.