Get started

Cycles

EZJ Fractal AnalysisHey there again, This time i wanted to share a more clear #fractal analysis. This time with easyJet stocks. Analysis based on Fibonacci and time Cycles. This is the first image, based on a 1 month time frame. Ill try to keep the track in less time frame and keep you guys up to date. Just a reminder, fractals are similar among time but not equals so is just a reference on what could happen. As you know, in this job anything could happen lol. Note: This are my personal interpretations and case studies, and are not financial advice! Use it as your own risk! Hope you find it interesting and you are as usual welcome to comment. Don't forget to check my instagram: www.instagram.com Peace out! Charter X
LSE:EZJLong
by CharterX
1
Wave Cycles ExplainedThe cycle line is constructed by taking the opposite extremes of a cycle. Connecting the previous high to the subsequent low, and vice vera: connecting the previous low to subsequent high. Parallels are then drawn from the high/low, identifying the cycle channel as demonstrated on the chart. The ANGLE of the cycle gives you a roadmap into the future as to what type of move one can expect. The steeper the angle the greater the tendency for a market to rally/decline rapidly. Wave Cycles for MT4
Education
by kvzivn
Let's check Goodman wave theory on USDCADThe trading setup is coming on the third propagation swing. There was no dagger formation at the bottom of today's fall (1.330) that could inform for entrance into the long. That's why I'm waiting for getting the price back to 1.3290 on the inside wave and buy after the formation of the dagger and RSI confirmation. If I missed the entrance on 1.330, then the point is 1.3344 with the long continuation. The TP for both cases is 1.34065 as a middle of the jumbo line.
Long
by Serge_TradingView
1
Market cycle - ADA as exampleBeginning of last year everybody was talking about ADA and that it will be next ethereum. I remember how everybody was talking about it, although it was just released and had absolutely no fundamentals besides Hope. Enough to move a market this high. Now look where we are at. Nothing was backed by this optimism besides the hype it didn't deserve at that time. People realized it through the BTC bear market and it completely retraced. Panic dumping it to zero. No one is talking about it the same way like back in the day. The market already completed the suckers rally and is in absolute accumulation mode. Markets move in cycles. It will start when people think it's absolute dead and will never pump again. What has changed since January 2018? Nothing. If this starts again people will catch up and pump it higher than ever before.
by crlspriv
2