1-BTCUSD
SPY/QQQ Plan Your Trade For 11-7 : Rally Pattern DayGood morning,
Although I would argue the post-election rally may already be moving into exhaustion, the SPY Cycle Patterns suggest today is a Rally pattern in Trending mode. So, I expect the markets to attempt a bit of a carryover rally phase today - moving into a Counter-trend Rally pattern tomorrow.
That counter-trend rally pattern suggests the markets will try to find a peak/top and roll downward into the close of the week.
Gold and Silver appear to be basing with a potential for another move downward today - retesting recent lows. Based on my estimate related to Fibonacci Time Cycles, I believe Metals is looking for a momentum base to rally off of. Thus, I suggest traders prepare for a big move upward in Gold and Silver over the next 4 to 7+ trading days.
Bitcoin is still in a Bullish trending phase after breaking into new highs. Today, I spent quite a bit of time going over the Excess Phase Peak pattern related to how the price is trending and what to expect.
It is critical to understand that the markets will move away from this post-election relief rally phase over the next week or so. Ultimately, what has changed is that we have a new POTUS with new policies and objectives in 2025. Right now, everything is still pretty much the same as it was last week.
Volatility is still high and I urge traders to stay cautious. The time for adding more liquidity will come after November 25-30.
Remember, the number 1 rule for traders is to Protect Capital. You can still trade, just trade much smaller allocation levels for now.
We are about to move into a period of moderate consolidation. Sit back and wait out this sideways trend. The real opportunity will come after November 25-30.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
BITCOIN - Price Action Update... Looking For An Entry Point...In this video, I analyze Bitcoin’s price pattern since 2022 and aim to develop a perspective that could help us trade it higher.
Using a process of elimination, I identify what appears to be the precise wave count, allowing me to project a potential target for the current movement.
This approach is beneficial because markets rarely move in a straight line; if there’s an opportunity for two significant trades, being aware of that possibility can help us avoid premature moves.
If I observe the smaller wave structures aligning with this analysis, I’ll share a long trade idea, complete with a 15-minute chart and a follow-up video explaining my thought process through the AriasWave methodology.
As a reminder, while AriasWave differs from Elliott Wave, it still incorporates the concept of alternation from Elliott Wave theory.
Bitcoin Breaks or Fakes? Eyeing the $79K Target!🚀💥 Bitcoin Breaks or Fakes? Eyeing the $79K Target! 💡💰
Hey everyone, it's been a while! If you've missed my voice, let's dive right back into it and see what Bitcoin has been cooking up. The BTC price has been flirting with the $66,320 level, hitting it for the sixth time now, as seen on the descending channel. Historically, the third and sixth attempts have shown the highest chances of a breakout, so is this the moment we’ve been waiting for?
If Bitcoin does break out this time, we could be looking at a potential rise to $79,000. While there are some mild resistances around $69K, $70K, and $71K, the major target remains $79K.
The exchange reserve data shows a significant drop, indicating fewer people are moving Bitcoin to exchanges to sell—an encouraging sign that could be pointing toward a potential rally to new highs.
Zooming into the 15-minute chart, we’ve seen two rejections after hitting resistance. However, the third attempt, if successful, could trigger the next leg up. On the downside, we have solid support at $65,322 that has been tested, and buyers seem ready to jump back in below the $60K mark.
I’m bullish on Bitcoin and keeping an eye on this breakout. If it happens today, we could be well on our way to $79,000.
Let me know your thoughts in the comments below! I’ll keep you posted on the latest developments.
One Love,
The FXPROFESSOR 💙
NQ breaks to new highs. Markets reacting to Election ResultsThis upward trend seems to have some momentum today. I'm not suggesting traders chase this rally and hold anything overnight, but I am seeing new highs on the ES/NQ charts, and IWM and other sectors are rallying to new ATHs today as well.
This shows the scale of capital sitting and waiting for the election to play out. Traders were very concerned with the election outcome.
At this point, I consider this rally phase a bit overcooked. The ES and NQ will likely continue to try to push higher as we move into the Santa Rally phase, but as a trader, I would be cautious of any overreaction to the election results.
My best advice for my followers is to continue trading in minimal quantities unless you can handle taking huge lumps/losses over the next 3 to 4 days.
The US markets will settle into next week, and after this emotional price move subsides, we'll start to trend based on more logical economic data.
There will be some huge opportunities for skilled traders over the next 5+ months. Get ready.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
BTC | Price CELEBRATES Trump VictoryBitcoin has increased by 13% after Donald Trump has been declared the next President of the United States, beating rival candidate Kamala Harris.
Over the past few months, Trump has claimed to be very open to cryptocurrency and this victory has done nothing short of pushing the price to a new ATH... and climbing!
There are two ways in which we can calculate the net major stops; one I have been speaking about since MARCH. This target seems to be the likely next stop for BTC in the short to near term.
Time will tell if the new POTUS will be kind or cruel to crypto - remember that time we all rooted for Garry Gensler...? About that... Let's hope this time will be different.
If you want to know al little bit more about how ALTSEASON fits into this picture, check out the following idea:
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BINANCE:BTCUSDT
Election Rally Sets Up Big REVERSION Shift - Stay CautiousThis quick video was initiated to show you how the ES/NQ are setting up new #2 Excess Phase Peak patterns after the overnight rally.
Then I took a look at Gold/Silver.
We are seeing a very broad shift into a reversion phase where the markets may move into a PANIC type of DEEP-V low over the next 48+ hours.
The move in metals (related to the US Dollar rally), will likely result in a DEEP-V base/bottom - prompting a fairly strong recovery/rally phase in metals over the next 2+ weeks.
Take a look at what happened during the COVID crisis. The same type of PANIC selling/shift took place then.
The Dollar rallies on expectations/policy/or a crisis. This puts very strong pressure on Metals.
Then, the markets settle into a reasonable expectation (post-event) and the US Dollar settles. But metals have been deeply undervalued because of the PANIC selling.
Metals then move strongly back to the upside - removing to the pre-crisis price level, then move even higher as metals attempt to hedge risks related to the post-event/crisis economy.
Get ready. This could be one of the biggest opportunities of your life.
Get Some
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 11-6 : Breakaway Post-ElectionWow. All I can say is WOW.
Keeping a different schedule related to the markets had me in bed at about 9PM California time. Yea, I missed most of it last night. But my wife woke me up at midnight to tell me who won.
When I got up this morning (early) and checked the markets, it sure looked like the world voted in favor of the Trump win, with a solid 2-3% rally overnight.
This is where things start to get very interesting.
We have about 70+ days until the inauguration (Jan 21, I believe). Between now and then, the US and global markets will attempt to shift towards new policies and expectations.
Part of this will come from news, but much of it will come from policy expectations.
Some sectors will shift direction. Others will extend existing trends.
Smart traders should prepare for opportunities that align with their interests and realize that we are looking at some real risks over the next 4+ years.
What I will state is I continue to believe the next 5-7+ years are the greatest opportunity of your life.
Watch my video and buckle up. The markets are seeking a new base/frequency to transition into shifting expectations.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 11-5 : Election DayThis video highlights what I believe is likely to happen today and into tonight (when the real news will hit). Additionally, I continue to warn that a price anomaly is very likely starting sometime after November 10.
Ultimately, the markets will struggle throughout the rest of the week, likely becoming a bit more volatile after the election.
I do believe the markets will move into the price anomaly event near November 10th and that event will likely transition into a big opportunity for traders sometime after November 15-18.
My ADL predictive modeling system is showing this anomaly event is highly likely in certain sectors.
Overall, I suggest traders continue to trade small allocation levels today as we get past "election day". The bigger opportunities come over the next 3 to 6+ months.
Today is not the day to be a hero. Today is the day to sit back, maybe target a few decent trades, and wait for the dust to settle.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
US Election, FED Rate Cut, 1,200+ earnings - Here we go!!!It's Election Eve and I thought it was important to share how I'm positioning for the US Election and all of the craziness that it may bring.
Maybe it's all hype, maybe it's the truest test of US Democracy, maybe it's the beginning of the end. I'm not going to opine on political preference. I'm simply going to focus on current levels and what's in play.
Pullback levels for me are all pretty visually friendly with EMA combos on the Daily and Weekly charts. We are 3-4% off from recent highs, the market wasn't in love with Mag 7 earnings last week, pre-election jitters are fairly obvious, and the market will be looking for a reason to do something.
Expect volatility - and I hope it's nothing wild and crazy like Aug 1-5. I discuss the potential concern for a US Election where a winner is not declared and we wait days or longer for an official winner. Also a phenomenon is the Wednesday close for the S&P tends to show solid short-term direction, but I believe that's only if we see a winner Tuesday night for election night (just my opinion).
I'm hedged, alerts are set, it's all happening whether we like it or not. Focus on what you can control in your trading and let's figure it out.
Thanks for watching!!!
SPY/QQQ Plan Your Trade For 11-4: Election Week Is HereGood morning, everyone.
This video highlights why I believe traders should stay very cautious through the early portion of this week and into next week. My research suggests the SPY & QQQ will stay somewhat range bound this week while the markets move into a SHOCK phase.
The elections are really going to take center-stage and even though I expect some reaction after the election are over - I'm not seeing any real trending opportunity in the SPY/QQQ until after November 20-25.
Thus, I suggest traders stay in a 80-85% CASH mode and trade very small allocation levels over the next 2-3 weeks. There is nothing wrong with moving into a CASH position and sitting on that cash till the market show more opportunity for profits.
Gold and Silver will struggle within a sideways range over the next 5 to 8+ days. The election event will likely drive some volatility in metals, but I see metals stalling out for at least 3-4 more days - trading in a sideways range.
Ultimately the SPY/QQQ, Gold & Silver are going to attempt to break downward - away from the Phase #3 & #4 consolidation phase. I see that as the Anomaly Event I discuss in this video.
Bitcoin appears to have already starting to break downward, away from the Phase #3 & #4 Excess Phase Peak setup. In this case, Bitcoin may be leading the global markets a bit and attempting to find the Ultimate Low over the next 2+ weeks.
Still, at this stage, the best advice I can offer is move assets to CASH and wait out the consolidation in the markets. Again, I don't see the markets moving into any real trending until after February 12-13 and possibly as late as February 20-25.
Buckle up. I think the markets are going to go into Anaphylactic Shock because of the election and post-election events.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade 11-1 Update: Silver Still LeadingPlease watch this video to understand why I believe the downside risks are still dominant related to price trending.
Yes, we've seen a solid recovery today, but watching Silver and RSP, it appears the Excess Phase Peak pattern is still progressing toward a breakdown new low.
I urge all traders to stay very cautious of the risks throughout today and Monday.
The markets need to climb higher quite a bit to invalidate this pattern - and I don't see that happening before Nov 5.
Buckle up.
Get some.
SPY/QQQ Plan Your Trade For Nov 1: CRUSH PatternToday's CRUSH pattern suggests the markets may experience a very large and violent price move - likely downward.
My experience with CRUSH patterns is they are often related to the dominant trend on the Daily chart and seeing as though we are in the midst of a fairly solid rally phase (recent higher highs on almost all charts), I believe this CRUSH pattern will resolve to the downside.
Many of you know I've been predicting a very strong pullback leading into the US elections, and yesterday, we saw what may have been the start of that pullback.
Today's CRUSH pattern could carry us into very strong market selling into the end of trading today and I believe traders should have already moved assets away from the current risks in the markets.
It seems as though almost every market I review has moved into an Excess Phase Peak pattern over the past 2-3+ days.
Today, I'm looking for Gold & Silver to attempt a breakdown away from the Phase #3 consolidation of the Excess Phase Peak pattern. BTCUSD is set up almost exactly the same - looking for a breakdown.
The SPY/QQQ are moving into that consolidation phase and looking for that breakdown in price.
It's almost as if the markets are reacting to some pending event that drives uncertainty.. THE ELECTION.
Smart traders (skilled intraday traders) should be able to pull off some really great trades throughout the day. Smart Swing traders are waiting for the base/bottom (Ultimate low) and are looking to move into CALL OPTION trades as a hedge related to a post-election rally phase.
If you missed all of this over the past few weeks, today is nothing more than a panic reaction to risks. The markets will settle after the election and will likely move back into a solid bullish price trend after Nov10th or so.
Buckle up - this could be a wild day.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade Update For 10-31: Halloween BreakdownThis short video discusses why traders need to prepare for a downward move and the eventual move into Phase #3 of the Excess Phase Peak pattern (consolidation).
I believe this consolidation phase will be very short-lived. So be aware of the continued risks to the downside.
This election has many traders concerned about pre-/post-market jitters. Bonds continue to put pressure on the debt markets, and Gold and silver are not contracting downward (as I suggested), reflecting a real panic-type trending mode.
Spend a bit of time watching my past videos. It is very impressive that you called this move 3+ weeks in advance, and I continue to believe we will see a base/bottom setup just after the election.
So, there is still a boatload of opportunities for skilled traders.
Buckle up - this move downward is likely to be very volatile.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 10-31 : Consolidation PatternToday's video highlights the power and simplicity of what I attempt to do for all of you.
I'm not perfect. I don't see into the future using some magic crystal ball.
I use my tools and skills to watch the markets and apply my knowledge to the charts to identify the most likely future outcome.
My SPY Cycle pattern predictions seem perfect, showing a top setting up between Oct 29-31, then rolling into a reasonably sharp market decline.
Yesterday's Excess Phase Peak pattern in Silver seemed to lead to weakness in the markets while the SPY was attempting to break through the Flag Apex pattern.
Combined, this cross-market weakness has translated into a very strong overnight selling event where the SPY is already off more than 0.50% and Gold/Silver are struggling near recent highs.
I hope viewers are learning from watching my charts and research. I try to explain things as clearly as I can and show you how to apply these techniques on your own.
As I state in this video, you can build better skills. You can improve your abilities to attempt to see into the future (a bit) and learn to apply better trading abilities. You don't have to be tied to failed techniques and indicators the rest of your life.
It just takes some patience and a lot of learning.
Anyway, I hope you see how my effort are helping you and I will continue to do my best to educate you and help you stay ahead of these market trends.
Get some...
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade EOD Update For 10-30: ConsolidationWhat an interesting day regarding how the markets reacted to the Flags and APEX setups.
My update video was perfect as we saw the market break away from the Flag Apex and trend downward almost all afternoon.
With BTCUSD moving into a Flagging formation within a potential Excess Phase Peak pattern near $72, things are about to get interesting.
Either we see the breakdown of support in the markets over the next 4-5+ days or we see support hold and the markets rally a bit higher going into the long weekend.
It's an either A or B type of scenario right now. I estimate fear and uncertainty drive the markets about 3.5 to 5.5% lower before the election.
Buckle up and prepare for real market volatility. By tomorrow's end, make sure you are protected from risk.
Beyond that, at this point, it is a wait-and-see type of situation.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade Update : Shift Market Trends - BUCKLE UPThis update is to show you why I believe the markets have already started moving into the low-liquidity phase I have been suggesting for more than 3+ weeks. This low-liquidity phase will happen as we move closer to the US elections.
Simply put, traders are very anxious regarding the outcome of the election and the chaos that may happen after the election. Because of this, I believe many traders have already pulled capital away from the markets and are sitting on CASH.
This lack of market liquidity could present a very real risk of a FLASH-crash type of event.
So, BUCKLE UP.
Metals shifted downward (silver is leading almost all other markets with very clear patterns/setups).
BTCUSD appears to have peaked and is rolling downward.
The SPY is about to APEX into a new FLAG APEX - thus we should expect extreme volatility over the next 3+ hours of trading. Possibly leading to a strong downtrend near the end of trading today.
And, I believe all of this points to the lack of liquidity event taking shape. Moving the markets into a type of low liquidity PANIC mode (downward).
Play safe and Buckle Up!
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
BTC - NEW ATH Approaches and ALTSEASONThe first time I started talking about my outlook for BTC in 2024, was in MAY. This is the original post where I first propose the Elliot Wave theory, with a 30% multi-month correction:
It's been a painful journey that required a lot of patience - but today, I am pleased to see that the idea has payed out by 95% so far.
The play has always been a "multi-month" approach, and now it is the last push towards the new ATH which I believe to be anywhere from 82K upwards.
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OKX:BTCUSDT
SPY/QQQ Plan Your Trade For 10-30 : GapUp-Higher PatternToday's pattern suggests the markets will attempt to GAP higher at the open, then continue to trend upward throughout the day.
I go into great detail in this video trying to highlight the setups and constructs of price for my followers.
We are moving into a very volatile period for the markets with what I believe will be a low liquidity event taking place throughout the election. My thoughts are that liquidity will dry up later this week and early next week before the election day (we also have a Holiday on Monday).
So, if my analysis is correct, we are going to be looking for the US and global markets to clearly illustrate extreme anticipation/fear related to who the US will elect.
That should translate into extreme potential market volatility.
I urge traders to watch this video (and some of my more recent videos). Now is the time to prepare for this extreme market volatility and to learn to PULL AWAY from risks.
There is no reason to be trading like normal throughout this event. By late today or late tomorrow, you should really ask yourself "how much are you willing to risk throughout the election event and long weekend".
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade Update For 10-29 : Ripper Apex BreakoutThis short video highlights the Apex Volatility breakout in the SPY today and shows the ripper rally in Gold & Bitcoin.
If you've been following my research, you already know I called these moves many days ago.
If you are new to my videos, this is an excellent way for you to see what I do, learn from my videos, and attempt to see now my research fits into your trading style.
My single goal is to make you a better trader - and I hope I'm doing that with all the content I provide.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold