SPX's Elliott wave ABCDE grand cycle count. 1970s-2021Since 1957 inception's day we got 2 ABCDE waves we illustrate the similarities here. Nothing stands out, but if we
can rhythm with the past we got our selves a years of bull market.
Cycle
GOLD Short Term waves updated 12 March 2021Gold Final Leg Down of Wave A (red, circled ) of Triangle.. Tp 1 @ around 1600, Tp 2 @ around 1560 ( which is Fibo 0.50 % from Dec 2015 low, The Cup bottom line / parabolic arc line, weekly trend line muti - confluence zone/area ) , Sl @ 11 March 2021 High...
KLCI Future updated 15 March. 2021FBMKLCI Future might still forming expanding triangle, Stop lost for long would be around 1550, TP @ around 1760 as chart shown above..
Gold might still inside Big Bermuda Triangle 12-03-2021Referring To Time "Duration Spent " on The Cup, The Handle of The Cup Might Take Few years ( 2- 3 years ) to "complete"
SP500 Possible Forming Double Top @ 12 March 2021After Biden Administration $1.3 Trillion Stimulus plan.. Biden Might Impose Higher Corporate Tax...
Bitcoin Market Cycle Forecast for the Next Two Halving EventsThis is what I foresee in BTC/USD in terms of long-term market cycle trends between now, the next halving (currently projected to be on May 27, 2020), and the halving after that (currently projected to be between March 2024 and June 2024).
The dotted lines mark past halving dates as well as the projected 2020 and 2024 halving dates.
Bitcoin market cycles have corresponded to each halving. Since the advent of Bitcoin , all Bitcoin halving dates have been followed by bull markets, which are then followed by a bear market and accumulation periods. Given the current long-term trend of Bitcoin's lifetime market patterns, each bull market should be less extensive than the previous bull market. That being said, patterns can always be broken, and this cycle is no exception, regardless of its longevity.
I do not hold any Bitcoin at the time of writing (June 5th, 2019).
Do your own research.
BITCOIN CYCLESPotential top around 200k $
Potential bottom before next cycle around 50k $
DYOR, it's only chart
GBP/CAD - Price residing in interesting spotPrice cycled downwards, currently residing at a key level in price and a trendline test. Lets see how this 4HR closes.
Simple structure on the HTF. Identify trend and key levels.
Don't worry about BitcoinBitcoin is still in up channel and it needs to make a lowSo to make an another low, Bitcoin needs to retrace and right now(2/24/2021) BTC is experiencing a corrective wave.] Also Bitcoin is experiencing a bearish candle in weekly time frame.
Based on fib retracements , Important support zones are:
Zone 1: 45100 - 44500
Zone 2: 42230 - 41700 (chance to return from this zone)
Zone 3: 39600 - 39000 (difficult to break out this zone)
Zone 4: 37400 - 36700
Zone 5: 34500 - 33400
Zone 6: 30000 - 29200
This is not an investing or trading idea, This is just an analysis for BTC recent corrective wave.
Do your own research and remember risk management is the key of success in financial markets.
Thanks for your time
Comment your idea and let me know what you are thinking
USD/JPY - Bullish cycle imminent? USD/JPY - 4HR Chart
We've seen a bounce off our long term ascending trendline. Bullish cycle upwards imminent? Will we see price follow our forecasted price path?
Do not use trendlines alone to take trades, however - they can be great to help you identify the trend on the HTF.
PDAC a good entry point? I think it will touch 12.85 and then push back above 13. Look for the hammer soon.
GBP/NZD - Break of Ascending Structure Will we see further downside movement on this pair?
We saw a break of structure last week after price tagged the top of our ascending channel around a key long term level in the market. Will we see price cycle down to the bottom of previous structure?
This pair indicates strength vs strength in the forex markets at the moment. Want to know what this means? Drop me a message?
A retail shakeout would be quite the rodeo wouldn't it? (DJI)I am watching for another potential shakeout before our parabolic run and repeat of the roaring 20s
Not personally even trading this move but I am trading cryptocurrency and they both dropped together in the COVID panic of 2020.
what if we see another flash-crash? are you prepared for such an event?
Take it for what it's worth since I'm not trading the DOW personally here but that can also be another reason to consider my less biased view.
Drop or no drop I do expect a lot more upside before another repeat of 1929 BUT it is coming and WILL happen maybe even exactly 100 years from the last one in 2029.
Stay profitable my lovely traders/investors.
- Dalin
GBP/NZD - Bullish Cycle inside this Ascending ChannelThis pair identifies strength vs strength in the forex markets right now with both currencies strong across the board.
We can see GBP is gaining on the NZD breaking through key short term Resistance levels. Lets see what happens at our long term key level in price.
Use wider stop losses on this pair to account for the choppy price action.
S&P 500 - The calm before the stormThe upward trend in the S&P 500 remains intact. This will probably not change until 19 February.
The price target and movement high is currently USD 3,971. At this point, however, caution is advised! All long positions should at least be hedged, as we expect a decline until 01 March for the time being.
The probability of a decline is about 80 %.
(Our turning dates have an average tolerance of 3 days. In 80 % of the cases it is 2 days).
Note:
Within our G.I. Swing trading strategy uses three special analysis methods. In this article, only partial aspects were published and does not represent a complete trading system, investment advice or purchase recommendation.
You need to be careful. Not to lose your focus.Bullmarket and altseason are great things, but don't forget we live in the real world.
PLTR Earnings ProjectionsBasing some projections on recent cycle trends. I wouldn't be surprised to see some minor pullback to the $30 level again before we get a nice push to the $40 level (78.8% level) and potentially to the $45 level before seeing some downside by the end of the month to early March.
BTC USD - The final path to $50,000Hello Traders and Analysts,
A Note before reading - this is a forecast analysis - based upon our trading strategy.
Please do not take this as face value.
Master Key:
Purple = weekly
Blue = Monthly
Orange = Daily
grey = 4hour
pink = 1 hour
Looking at the chart from a technical standpoint - the sell off begins with a new equal high peak or a higher high.
We will expect price to pullback engineering liquidity to shakeout buyers and free up the market players - using the 4 hour, there is a possibility the 50 - 61.8% retracement showing a good imbalance zone. We will not look to buy at this moment due to the fact price is working well and needs the activity to free up in order to consolidate.
Crypto in our eyes works like rocket fuel , in the sense of bursting out - tailing off and crashing - while most FX pairs do this - crypto is still establishing multiple fresh zones both in fractal senses and adoption will have a momentum here if you look from a fundamental view.
Fundamental Update - E Musk has been tweeting and purchased $1.5bn of bitcoin and accepting payments of BTC for Tesla products.
The previous analysis was based off the Fibonacci - keep in mind the zones here aligned with the 0.5% retracement.
what do we see?
Here is the current situation for Bitcoin.
The above image, shows the Fibonacci on a daily - whereby we used our previous retracement back in the end of January, this confirmed to us the buyers were still in control. Inefficiency 1 zone was valid. This is now a new buy zone for future reference.
Here was our latest buy position - based on the previous idea January 28th 2021.
Here is our target:
Further analysis;
Delving into the consolidation in the past, market participants are looking at the consolidation when Bitcoin was introduced - it took 106bars on the weekly timeframe to reach $1,000 price.
This consolidation area, has shown us the volatility yes, however it has provided further information as to how the price is behaving upon weekly imbalances and how the cycle is showing it's fractal patterns as time brings us to now, and the future.
See here for the imbalance occurring back in 2015.
See again in June 2016 - bar replay example. upper imbalance daily zone and weekly at the time. Where will price take us?
Inefficiency zone 2 - or inefficiency zone 1?
The answer is zone 2 - the imbalance wick is present here and needed a full fill.
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Emerging Markets leading the COVID reboundSince 3/23/20 when all three bottomed out, the SPX (green) has outperformed the Europe, Australia, Asia, and Far East ETF (blue, ticker symbol EFA), but both are lagging behind the Emerging Markets ETF (orange, ticker symbol EEM).
The SPX has been leading most of the way, but last month the Emerging Markets became #1.
Investors have banked on strong recovery potential in the emerging markets.
Ethereum is SPOT ON with the last cycle!This is amazing news. We are following this fractal perfectly. Get ready for a wild ride. I am looking to take some profits in the high 2000s to put into bitcoin when the ETH/BTC ratio is at its peak.
Bitcoin correction in JanuaryI can make the case that it's over, and I can make a case that the party is just getting started.
This chart looks like it's only 7pm and we're on a beer run. Party on...
