When Will We See a New Global MARKET CRASH? The Answer Is...KEY TAKE AWAY'S: - DOW JONES (DJI)
1. If we drop -16 % from our HIGH, we will go into a Bear Market (red dotted line)
2. 80 % of the time we will also drop to -24 % according to historical data
3. 73 % of the time, if we go into a Bear Market, we will also go into a recession.
4. AND an average bear market last 1.5 years with a -34 % percent decline in price!
METHOD:
- I have superimposed the 2007-2008 Crash on top of the new already in process ABC-correction. It matches with waves and divergences on e.g. RSI.
- I have taking FA into consideration:
a. Real Estate Crisis in the bigger cities - US Real Estate Bubble about to implode also
b. Expectations to when and how much FED and chairman Powell's will raise interest rates
c. Looked at the Consumer Confidence Index (CCI) and compared it to other Market Crashes
RESULT:
We will go into a Bear Market 30.9.2019
D4 - Please Leave a LIKE if you appreciated the content!
ABC
BITCOIN-BULLS Are READY - But We Need The Last Wave Down!Dear Friends!
We are still following the path down my 5th Wave Ending Diagonal. Let me summarize:
Ending Diagonals Happens When:
- The price has declined extremely fast and too far during wave 1 to 4 due to panic
- Bitcoin is now oversold - Investors has begun to accumulate or buy steadily
- Descending wedge/diagonals points to an accumulation
- Ending diagonal is a complex extended 5th Elliott wave (33333)
Last Update:
Normally you shouldn't guess the bottom - But just for entertainment reasons: 3,224 USD!
Let's See! Have a wonderful day, guys!
-D4!
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AUD/NZDAN came off the 1.618 extension of what counts out like a wave 3 of a 5 wave move (which is typical). The 27% extension of "A" lines right up with the low that I am looking for it to break to go for the long term buy. Hoping for a wave 4 correction, and if so, then looking to short if corrective to break that low, then to buy later. Fingers crossed. Three potential trades here "IF" it completes the 5 wave...
2 BITCOIN Scenarios You DO NOT Need to Know About! BUT...Dear Friends!
If you are are curious about them, I will give you the 2 most likely scenarios at this very moment: Let's first zoom even more out, so you have an idea where we are:
As you can see we are about to make the Z-structure, which is part of a triple three combination correction. When we are done with this 11 Wave Correction Structure (WXYXZ), we can hopefully start a new uptrend again with 1-5 Elliott Waves Up.
Here are the 2 scenarios:
1. Blue Scenario: We are on the 4th sub wave of A - Wave 4 usually retrace 23.6% - 38.2 %, why we can expect the 4th wave to hit my light red box. Remember that 4th waves are usually prolonged. This idea also matches my existing Elliott Waves. If this is the case we still need a 5 wave down on A, and the blue B and C, hence we basically must assume that we will go lower than scenario 2.
2. Orange Scenario: We are here done with the 5th sub wave on A and are in the process of making the B-wave (in orange). What supports this argument is the Regular Divergence (look at the RSI) on the last Wave, which we always must have on the last impulse wave.
Please leave a LIKE and I will zoom in on the action, and give you an update soon, so we can make some money!
D4 <3
PART 2 BTC: Break Out The Red Panties - D4 Made Us Rich, Baby!Dear Friends!!
Did you call your wife yet, and told her that D4 made you rich? - Anyway, you can still do it!
So we went up as expected, but I have corrected the waves a bit. Just a reminder - we are still following my predictions from many days ago.
As you can see we have finally reached our 5th wave on the bigger B Wave - It's time to a smaller retracement. We will go just above 4k if we make an ABC Zig-Zag. We really don't want to retrace more than 50 % (orange boxes), since it will ruin the bullish momentum.
This is looking good overall, guys! Bulls are back. 140 B USD in Global Market Cap - 20 B USD Volume. Powell Rally in traditional markets also!
I'm convinced we continue our uptrend and we will go above 5,000 USD now. Let's see.
D4 Loves You <3
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USD/CADIf you consider UCAD to have made a leading diagonal (I do) then it just came of exactly the 27% extension of an expanded flat correction. In that case, we do not need to break the high and it can go all the way down to break the trend line from right here. The price action channel going up is very corrective and needs to at least correct itself at some point, but I think it is dropping. Everyone is looking left expecting it to make a triple combo just like the last big correction. Considering alteration of patterns I don't think it will repeat that.....
Gold | Bear BiasAs our last gold analysis was canceled but price moved accordingly and is still within great R:R, we have decided to re-engage this metal
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Price has set itself a beautiful expanding channel pattern with an accompanying ABCDE corrective sequence. As price currently sets on (E) , we should see price slump down further
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The bear scenario is currently accepted and the bias is confirmed
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Price is set to head for the 1197 area, while anything over the 1230.5 level is considered invalid
D4rkEnergY With The ULTIMATE BITCOIN Forecast - Must see!Dear Friends!
D4rkEnergY knows that it is tough times for all of us - We have lost 25 B USD in the Global Market Cap within 1 week - that is 1/6. We are down at 117 B USD - Just a reminder - we peaked at 800 B USD 11 months ago.
On top of that, the traditional markets (US Key Indexes) are struggling (Japan, China and Europe even more). Even though we have real estate crisis around the world, crude oil taking massive hits, and Dow Jones are very close to enter a bear market territory, I'm convinced we can postpone a Market Crash 1-1,5 year. For more info look in my video below.
BUT, BUT, BUT... D4 is optimistic. We have some interesting event coming up next year:
1. Bakkt
2. SEC ETF VanEck Approval?
3. And most importantly: Fidelity, the world’s fourth largest asset manager with 7.2 Trillion USD assets under management go into crypto.
Conclusion:
When it comes to my TA and taking the above mentioned events into consideration, I think the scenario I've illustrated for you definitely is a likely scenario!
D4 Loves You <3
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Euro/Usd I speak with God , you ?!Hey traders , hard trade days we walk through but we will survive in this or the other month ,
In this chart on daily time frame we see pin bar , technical this is signal that the price will go down and it did .
But to put more clarity on this chart we have to go on lower time frame (on H4) ,
firstly i draw a 3 wave pattern , that is Elliot Wave , and after that comes the ABC correction , but i will enter in this trade only if i have the confirmation that i need for the best entry.
I will monitoring price action on Monday to take the best entry , of course this scenario can dismiss because bulls will try for upside movement but i am pretty sure that they will fake out like before .
Secondly , i want to mention that the supports and resistance aren't numbers are AREA , so for me i am waiting the opening on Monday for little up but after that massive sell coming soon for euro , depends on fundamentals.
I expect the price to come little bit high to rejected , and then come down 200pips.
Have a nice and profitable week . thank you
Bitcoin Cash ABC | LOOKS PROMISING bchabc has good support now, let's hope it's will get more momentum )) Have a good weekends guys
BCH PART TWO - Does it have the volume?Possible BCH short
Waiting for confirmation below 1. (Price: .9113)
1st Target: .6550
2nd target . 5200
Xrp consolidation before 5th wave upXro is making 5th structure up, but in between there are long consolidations in abc form, many people cant differentiate between impulse waves and corrective waves, currently we are in complex b corrective wave ,which is 4th wave in 5th waves structure up, and before 5th wave impulsive move we need to complete big c wave structure down which is still part of 4th corrective wave.