I thought I would step back and look at the big pictures Since our top. This is my first chart publish so hopefully it helps someon. I'm not really trying to call bear or bull but it seems like we might be back in an upward channel on the 1 hr. Fingers crossed Pink lines show all the resistance points on the way back to to our high. Green lines are potentially...
Part 2: An expanding flat corrective pattern is unfolding at cycle degree. Primary wave ((B)) is nearing completion. What is depicted here is an extreme simplification of several possibilities. The following wave, primary degree wave ((C)), will unfold as a five wave impulse. The target would be returning to the bottom of primary degree wave ((A)). It could be...
Part 1: A bullish five wave impulse at cycle degree scale is nearing completion. Completing a five wave cycle marks the top of a supercycle degree wave I. The target would be a 3 wave cycle degree decline to the previous fourth wave of once lesser degree, the zone of cycle wave IV. *The pattern in which the decline to next major low is met will determine which...
Bitcoin appears to have a hidden time trend. It seems to be trending towards the year 2019. (seriously though - look at the big picture.)
This is my long-term view of the Bitcoin Elliott Wave structure taking into consideration all historic price data.
"it`s been a long time as we`re coming" & "theres no turning back now ..." (www.youtube.com) as the blues - under the clintons (with their fake code red policy) takin over the US - after the cold war! By the way, paint it on the wall , if u don`t wanna buying it ;) After Bush junior and Obama, meanwhile Trump will be right red president, with the best result...
It's going to reach 0.618 retrace, then it's going down people!
It's about 3 months plus to the end of the year. Would we see 1.0500 for FX:EURUSD soon? We are about 700pips off from this low. 1.1100 is now the key support. If broken, we are looking at point B which is around 1.1000. Then we shall see how the market consolidates to form point C and eventually a big break to go all the way to point D.
On a daily chart as we can clearly see the price is oscillating in a Sine Waves between 1.15 and 1.04. Also a head and shoulder pattern is on its way to break the inclined neck line but not yet. Now coming to the fundamentals. Today according to a Bloomberg report the oldest Italian Bank Monte dei Paschi di Siena has lost 9% when the markets opened on Monday, all...
A Speculative Frame Set, NYSE:GE , some articles speak about the weak fundamentals of this , but if we see the long way of this stock, the surprise does not exist. Is in free fall from 2000 over the split and only have a long flat uptrend in the past years (meaby is starting the recover way). Now is close to touch the 1.414 of fibo and the middle of the month is...
JBLU has shown a strong correlation with USDCAD, as both financial instruments are inversely correlated with oil (shown below). It should also be noted that USDCAD has recently broken out of a cup and handle pattern on the monthly chart and a continued rise could be an early indication of similar price action in the aerospace sector. The wave count for USDCAD...