GVT on .618 fib levels & perfect elliot wave'sGVT looks like trading on the .618 fib levels. After the correction on wave 3 we should see a good bounce to the top making a double top.
618
USDJPY LONG ON A BUY LIMITUptrending market, respecting the trendline. Retracing back to the 61.8 line before the bulls takeover and head for my two targets. Looking to open twin trades 2% of account balance & move Stop loss to Stop profit +5 pips once the trade is up 30 pips
GBP/CAD 7 swing, looking for at least a buy scalp...Gcad showed some price action showing potential reversal for retracement. It did pull back in a small 3 wave rejecting the fib level. But since then has been making a 7 swing wxy that measures out to break trend line and reverse, which is very typical. TDI shows it be in a sell on the 1 and 4hr charts, but daily looks like more room up to me. Just understand you are trading within a correction so there are different possibilities of how it plays out. It can finish correcting and just continue down, but it can also turn into a running flat, pulling up much more.
EUR/GBPEG is approaching the .618 level (which would break high if it did). But you can see the pitchfork and all the intersecting trend lines of structure. It is potentially a very large sell down. Looking at the one hour, the wave it is on is coming off the 1.618 extension in an impulse, so i would expect some consolidation and another little push. So, basically, i would like to see a reversal pattern on 1 hr before i considered any short. gbp/usd was at trend line approaching .618 level also. gbp/cad is at the .618. Obviously pound is in a strong down trend, but looks like we might be getting at least a retracement soon. but be careful...
Eur/chfEchf coming off .618. The truth is, I have no idea how the pattern will play out, but consider the measurements of that 3 wave I expect further corrective structure to develop upward. I circled that pattern to the left just to show you one possible way it can do it. Maybe we are just looking at a running flat and it continues up, to break the high. I just don't see it making such a sharp move down from the major high and then only doing a stunted 3 wave to 50% for a wave 2. That's just not Eur/Chf's personality...
Lets see how this one goes.3rd consecutive 61.8 retracement.
Going long and hard in this one.
Not going to be greedy, so im looking to take profit around the 23.6 area.
Waiting for a break to confirm, and or a nsl (new structure low) on the 4hr chart
Aud/Usd WeeklyLooking for a pullback. I would like to point out that it is possible that AU goes up for one more for a "Z" wave or a leading diagonal. I'm not saying it will, just saying that is a possible pattern, all I know is approaching a major area. refer to my other smaller time frame AU chart I posted.
GBP/NZDLooking for GN to hit the 200/800 MA touching on 4hr at the 38% retrace with the potential of it being a larger sell breaking the low as a completed 3 wave correction, considering how choppy it has been. It came off the .618 retrace of its last wave.
AUD/USDI would just like to point out that AU is about hit a huge pitchfork and major .618 retrace of the large WXY pattern that it completed on the weekly. When I zoom in as I did here, you see a 5 wave.. Wave 3 is extended, so I would expect a short wave 5. Equal length to wave 1 basically takes you right to the .618 barely breaking pitchfork. As far as profit targets, there are some different things that can happen here. It could go up a lot forming some structure, it can also just continue down trend but I would expect a reaction from this area. This is more about trying to time a low risk entry and seeing what happens.
EURUSD Completes 2 Waves Retracement at 6181. Price has completed 2 waves of retracement at Fibo retracement 61.8%.
2. MACD has crossed downward, signaling the loss of buying strength.
Simple technical analysis for a reasonable intraday trade.
Cad/Jpy Weekly wave analysisCJ seems to be counting and measuring out to make a double combo pattern long term. Right now it is breaking the .618 retrace and looks like it is making a small buy setup on 30 min.. possibly. Yes it's been going down and there is no way for me to properly explain this concept or how or when to go about trading it. But right now we have a 5 wave up and are on a 3 wave down on the smaller scale. The fact that the last wave retraced 61% instead of 38% on this weekly chart makes me look at this as not a 5 wave impulse down. And when I consider the fibs and the swing pattern it makes sense. It could take some time to unfold and comes down to entry and strategy. There will be buys and sells, but I am more personally interested in the buy setups. Right now, larger time frame says it is in a sell currently, however, right now you might be getting a buy like I said, but I want to see a buy setup on 4 hr. This "B" wave it is doing right now could become more complex of a correction. It could be in a downtrend when I look at the 200 and 800 MA on daily, but I will still be looking for at least one more up for "C" even if we don't get that 7 swing I drew out, but it sure measures and counts out for it.
EURUSD SHORTTook some profits of my position yesterday where I went long. Now should be seeing a nice pullback to around 1.17260 (61.8 FIB). We respected the trendline so I'll be going short. I'll be risking around 20 pips for a 100 pips reward. Nice 5 RR ratio.
BTC, 618, Numerology and the Heavens?There's a lot to say and I'm probably leaving a lot out but it's ok. I'm a big fan of the non-linear, circular thinking.
June 18th... 6/18... we are at the apex of our pennant from 20k. but what if our pennant's apex means nothing and the real apex is the Gann fan apex at 6/18? Refer to other charts I've done that have Gann fan crosses and planetary correlations. Also on 6/18, Neptune goes retrograde.
So I saw a twitter post about the reversals on the 6th and people start talking number of the beast... so I'd like to a moment to clarify the significance of this number and then some.
The obvious- Fibonacci and the golden ratio
Then we do some cumsum numerology (cumulative summation you pervs) 618.. 6+1+8=15 =1+5=> 6
666, 6+6+6=18=1+8=> 9
without doing a deep dive into numerology, 9 is the most yang number (Chinese numerology perspective), the number of completion, the highest and most powerful number. In the zodiac, the 9th house is of Sagittarius, ruled by Jupiter, who relates to abundance, wealth, the highest and most etheric knowledge (spiritual knowledge and general higher learning).
There are 9 planets in the solar system (100% Pluto). There are 12 primary channels and 9 extraordinary meridians ==> 12x9 = 108. 1+0+8 = 9
There are 108 beads on a prayer garland===> 9
9 months in a pregnancy.
The Sun is apparently 108x the size of Earth. (wiki says 109x the size; close enough, damn stars are expanding as they get older)
In the Bagua. There are 8 trigrams. In olden asian agriculture, they would feng shui their crops according to the 8 zones/trigrams of the bagua. The middle would be left empty, the middle was the 9th zone and referred to as God's acre.
The atomic number of Carbon is 6. Carbon has 6 electrons, 6 protons, and 6 neutrons. ... 618=6?
6 points in a star tetrahedron.
In asian culture, 666 is something that is very powerful and impressive. A demon can be that and someone of immense Light can be as well.
...I wouldn't be surprised if we don't have a big fat candle that scorches up to 10,800 out of nowhere.
Bitcoin- risky short play or long callladder your longs
If you've got balls, this might be a shorting opportunity.
target 1: 7385
target 2:7345
target 3:7300
stop loss: 7777
NOT FINANCIAL ADVICE. Total amateur call right here.
If you gained anything from this and feel like tipping then I'd graciously accept
Dogecoin : DBrUe9d7pMsxoEnqrEaXTexMtdEthS9uBb
you should feel absolutely fine without tipping me but Doge or any other meme coin would be preferred if you were to do so. lol
Bitcoin's Bearish 5 DrivesBearish 5 Drives as megastructure. on the downtrending leg, we have our supposed reversal presenting as a Bullish 5 drives. If this all happens near textbook expected then we should retrace to around 7400, which will be our 6/1/18 launch pad for our next mini lunar mission.
Jokes aside, should be interesting to see what happens. Not going to lie, the mega Bearish 5 Drives patter has me a bit leery as to whether or not this will be a lunar mission and actually a deeper descent.
Excited to see how it plays out. :)
Gartley Sell PatternBearish Gartley just came out at 15min chart. It's a gartley inside a 1d gartley (check my previous published idea) so it's a big selling preassure.
Feel free to leave Your comment below, i'll appreciate it.
Best regards.
Outlook ahead of FOMCHello Traders!
We're expecting the Fed's to raise the interest rates by a quarter at 14:00 EST and we're also awaiting on Powell's first speech. My bias remains bearish for the FX:EURUSD but i do expect a push higher prior to the drop to new lows given that the current rate hike is already priced in and what everyone is waiting for is the details on the plans for the year and Powell's commentary.
The institutional data we have indicates slight long profit taking activity at the Weekly/Monthly supply which emboldens our short bias.
In the case of a push higher im looking for the 1.2340 area to look for shorts but if we have a break & close below 1.2240 i will scale in my shorts from that point forward with a 1st target around 1.2180
>>USDJPY<< >>December Week 4<< Long SetupW.W Wave rider
Long @112.850
Sl @112.320
Tp1 @113.550
Tp2 @113.950
Happy about every feedback or Idea :)
W.W
AUDUSD: Buy the DipFairly straight forward trade, buy the retracement. After bouncing off the weekly trendline at the bottom, AUDUSD is bullish in my opinion. If you missed the initial trade this would be a great opportunity to enter upon a bounce at previous resistance as well as the .618 Fibonacci level. Take profits at the green area i marked.
