SBI NSE 2021 quarterly analysis with time speculationsHi
here we have a complete Price Action and Fibonacci analysis with specifying the time zone speculation of upcoming events
we are mainly bullish on it as nifty also is bullish these days but still we have chances of retracement we we can not break the current price and which is 61.8% of our bearish retracement Fib level ( Price: 280.00)
and if so then we may have an other bearish wave down which is less likely to happen but yet there are some chances and the market is very dynamic in finance sectors and any thing may happen
please share you opinions in the comment section for me.
and if you are interested in my work please follow and ask me your instrument so we will analyze it for you
thanks
Fibtimezone
PVR NSE 2021 complete analysis with Time SpeculationHi
here is a complete Price Action analysis of the PVR with specified supply and demand zone and I have used Fibonacci retracement and projection to project the target areas.
I am mainly bullish on this ticker as the corona pandemic is getting over and all theaters and cinemas are reopening so we can see that the PVR company is getting back on its legs and to its previews trend
I have used Fibonacci time base tool to specify the future events and targets dates to come...
please comment me your opinions
BTCUSD: Monthly StructureThe above chart is an attempt at showing BTCUSD's monthly structure. As this market enters a sell rotation, it makes sense to be alert for potential reversals in the sub $10k area. Monitor the $9.2k-$9.8k price range for supply & demand imbalance hints. So far, BTCUSD is printing a correctional formation linked to an overall risk-off attitude that started sweeping through the markets as of the end of last week. Barring another 30% plunge in world indices, the risk-off mood will begin fading, and confidence will return to the markets, pushing the prices higher once again.
Time to accumulate OMG so you can say "omg" when it moonsIf the bull market prophecy comes true soon like every other post halvening rally, OMG should start a mission to the heavens later this year. Whichever direction the trend goes to around the pivot point is the macro trend untill the next pivot which could be a continuation or a reversal. I would bet the next pivot will be a massive rally upwards.
Warren Buffet just made a historic mistake! QWAnalysisI don't know if you follow the news, but this one is important. Buffet announced that he bought an incredible amount of gold, which for me, would generate losses in the short term, but INCREDIBLE long term gains, because according to my analysis, after the gold reaches 1700, it would take off towards 3k+.
I analyze:
Bollinger bands.
Fib time-zone.
Fib Wedge.
Fibonacci retracements.
Elliot waves.
Market geometry.
I was kind of bored and entertained myself with this. LOL.
CLX0: A Possible Move HigherThe chart shows a fib projection based on a technique where the measurement is taken from low to low. In this example, I used the .236 ratio and connected it with the recent higher low and expanded the movement in direction of the original price move according to the Fibonacci Section ratio. An interesting technique that is not so popular among the traders here.
One Chart to Rule Them AllFib Time Zones. Blue= November 2011, Red= July 2017, Orange= December 2018
When we hit a timezone, there is going to be a strong trend change, since we took the time zones of extended periods of time, the trend changes will be more violent. Interesting to see how a lot of our time zones point towards 2023. I think the bull run ends in Q1 2023 according to strong confluence of all of our time zones.
Bitcoin's Black Box, the Capitulation WindowThis chart should be self-explanatory, it's also an update to my previous charts but more simplistic.
As covid-19 pandemic is raging over the world speculation on Bitcoin is expected to slow down resulting in heavy sell-offs going into a panic phase that will scare even the strongest holders, which by definition is to be expected of a so-called "capitulation". This happened before it's normal, take this as an opportunity to get in, the Black Box is a buy zone, red line is ur lower support zone! ;)
stay healthy, don't panic
BTCUSD -bear scenario (Bull scenario @ my profile)I am not inline with this. But as a reversal Elliott Wave trader I always draw scenarios because this strategy is a double edge sword. Only having 1 bias is not ideal. Basing on market psychology on my experience if we break this trend line likely it's a bull run. On descending/ascending triangles it often forms a new trend rather than fakeouts like this.
Regardless of how contradicting my statement to the chart. This is still possible. Fake out because a abc 535 is needed. Or maybe it ends elsewhere.
The Future of Bitcoin | Next Bull Market in 2019My technical analysis of Bitcoin suggests that the next "Bull Run" will not begin until about September of 2019. Honestly I hope I'm wrong. I would love to have a bull run this year, but TA doesn't seem to support that idea. Who knows? Maybe something will act as a catalyst like BAKKT or xRapid and start a bull run this year.
BTC taking the roller coaster to $24KWell it seems that I was wrong about the direction of the break from that fib time zone and my stops were hit at $7440 en-route to our current schiff pitchfork resistance.
Some elliot wave analysts called it so the pace of this recovery was unexpected to me but obviously not to a others.
If you press play on my previous chart, you can see that we reached the next (current) schiff pitchfork resistance peaking at around $8400 and then we subsequently had a 38.2 fib retracement down to our 1.618 fib ring support so at least these levels are being respected for now.
I do now believe that the bottom is in and believing contrary is denial (although we can never be 100% sure since this is a game of probabilities, not certainties) and a few of my alt coin trades have played out very nicely, with most showing great setups lately.
Altcoin season still has not started though, not until bitcoin dominance has dropped enough to kick things off.
For the short term, I'm looking for another retest of $7440 before 1 last 138.2 fib extension from our recent $8400 peak, taking us to between $9750 and $10400 where resistance will be heavy.
This is also the 3.618 fib ring resistance when you connect a fib circle from the December lows to the $5600 peak, which was reached just before the recent larger impulse move.
From $10k we should have at least a 61.8 fib retracement / correction back to our macro trend line support which starts from our 2015 lows of the previous bear market.
This should take us to somewhere between $5200-$5900 before the next parabolic phase of the bull market starts with a target of $24 000 sometime at the end of this year or early 2020. We should enter the parabolic phase after breaking out from both the outer 4.236 fib ring and the 2.618 fib ring of the larger red fib circle connecting the December 2017 ATH to the December 2018 lows.
By connecting fib timezones between our Dec 17 ATH and Dec 18 bottom lows, you can see that this move to $24k should take us to our next fib time zone as well as our next schiff pitchfork resistance.
Good luck and happy trading!
Bitcoin Just Can't Stop Breaking Out - BITCOIN! (BTC)Hello Friends, Traders, Everyone...
In our last analysis, I called for a first target @ $9100, and a second for a test of $10k. Soon after, we had a strong bounce from the fib channel support, a move which seems to have taken a slight pause here just shy of the first target - there are a lot of Fib extensions currently in play, it can be argued that target 1 has probably, at this point, been hit. We have just exactly touched the 127% level from the second highlighted impulse wave on my previous chart, and though I still think easily $9100 will be hit soon, taking profits here is of course, not the wrong answer.
So, now to today. I wanted to see if I could help explain why we seem to have paused here, and it didn't take very long for Fib to help uncover the culprit. It seems that, Bitcoin currently rests JUST under the 0.5 FSRF resistance, having violated it already, this resistance is still somewhat intact. This fan, namely the 0.618 level, was also responsible for the retracement we had around the first test of $7k just weeks ago.
Now, traditionally the 50% fib level is not too strong of a support/resistance line, and I expect for sure we will at least push through this resistance before we run into the 0.382, which happens to be just over $10K - or past our macro 162% ext target of a 10K test. Here, I will plan on a push through as btc seems as strong as it literally has ever been (including the 2017 bullrun) and that push towards 10K. Make no mistake, that's pretty likely. The resistance from the fib uptrend channels drawn from years of price action, is much higher, and as far as Fib Channels are concerned, we're in the middle of wide open ground right now, nothing in the way until upwards of $12K. So I would assume that, Bitcoin will look for another resistance near $10k. Because we are currently pausing at the .5 fan level, I'd guess will go for that next .382 level, which would give some resistance at around $10.2k - $10.4k area.
Now, that's the most likely scenario in my eyes. Alternatively, if this resistance proves to be enough to trigger a retracement from $8800, do not be shocked by another test of $7900 - $8100. I deleted it for reasons of clutter, but that area is roughly the 62% - 79% retracement level for the current impulse wave.
Now, we have to retrace at some point. This is normally where I would start advising extreme caution to avoid maybe, a larger retracement from a macro perspective, or even one from the entire last 2 months, if that could be considered one single impulse wave. Now because, on many lower time frames, we have had numerous retracements, some quite large (flash dump from the 17th anyone?) I would say, the risk of this happening is low.
That of course, is no reason to just run around commando with no stop loss.
So to summarize, I have taken some more profits here counting this as target 1. Hey, sometimes we overshoot :) No harm in securing profits.
Now, onwards towards low $10k area, or a retrace that probably would bounce off $8k, and there we can reevaluate.
Good luck, traders!
Previous Analyses:
A case study on Fib Times - EOS!Timing, is obviously the most difficult aspect of Technical Analysis . It often can be very easy to predict reversals, but when they may or may not come, is undeniably harder to assume.
Like all Fib tools, Fib time zones can be incredibly useful, as applied by an experienced analyst. Also, I find that, experimentation is always necessary with these things.
Now of course, its easy for any half decent analyst, to look back and say, oh this reversal was obvious for (insert xxx reason). And, this is true. Looking back, so much of price action, seems so obvious. Of course, the saying "hindsight is 20/20 is as true with T/A, as it has ever been.
Here, you can see that I have been working with Fib Time Zones, to try to be more situationally aware of likely reversal areas.
This tool, when used in conjunction with proper placement of fib retracements, fib channels, and other tools, is simply AMAZING. I have no doubt that when used properly, this is a POWERFUL tool. I am still learning as we all are, but I would just like to share what I have been working on purely experimentally, with fib time zones.
I would LOVE some feedback, ESPECIALLY if someone out there is well versed with this tool. It's probably one of the less talked about Fib Tools, and I think it just has, so much potential.
Now this chart is purely hindsight though, has elements of my forward predictive analysis on EOS, so I will just throw out there, EOS looks like a solid buy right now. If you'd like to see a more indepth analysis of EOS going forward, I will attach my other EOS chart here.
I hope you guys like this, and I encourage you to do your own experiments with this. Analysis of previous price action is the BEST way to hone our T/A and be more aware of things to identify moving forward.
As always, good luck traders.
Reversal expected at Fib Time Zone, in other words very shortly!Good day Traders
Using the $8500 July 2018 highs as a starting point (the peak before we broke market structure), you get interesting results if you use a schiff pitchfork to then connect the December 2018 lows to the recent $5975 peak for 2019. Using the same starting point, add Fib Time Zones connecting the December 18 lows, and we find anticpated areas of reversal based on elapsed time.
As you can see we are right at the next fib time zone, so expecting a reversal very soon. If you then add a trendline from the ATH, a fib circle connecting the Dec 18 lows to the recent $5975 peak, and add a bar pattern from the July 2018 starting point, (same starting point we used for the pitchfork and initial fib time zone), you'll see that the forces seem to line up quite nicely.
I'm expecting a resumption of the downtrend shortly, with our next capitulation event happening after retesting the ATH trendline resistance, as we break out of the 2.618 fib ring circle, and below our channel support.
For a bottom target, by adding a fib retracement from the $8500 July 18 peak to the $3200 Dec 18 lows, I'm anticipating at least a 1.214 fib extension to around $1970 which coincides with our channel support and which coincides with our next fib time zone, making this the perfect reversal area. We should then consolidate along that support, until we breakout above the top pitchfork channel resistance, before breaking above the ATH trendline resistance and resuming the next bull run.
Good luck and happy trading!
BTC This is when the correction ends.Price Movement:
I expect that we will get an impulsive move to the upside, where everybody thinks that the correction is over.
Then when everybody buys back in we will see a huge dump, going deeper than the one beforehand.
And when everybody thinks BTC is dead then we will see bull again.
Price levels:
This idea is more about the timing than the price, therefore let's just say for now that I think that we have a very high possibility of seeing the 1k lvl again.
The Timing
Using Fibs to project the timing of corrections, it is very likely that we will see a turnaround mid next year (Aug - Sep).
Probably right in between.