Market Geometry
Red Monday? Strong correlation S&P/BitcoinBitcoin is over 10% down. Will we see a red Monday?
As shown on the chart. S&P and Bitcoin have similarities.
Really interesting what will happen on Monday.
NASDAQ - HEAVY ROPE FOREARM SMASH ELLIOTWAVEAs the title suggests. Have you ever been to the gym and threwn around the heavy ropes??
Well what happened to your forearms 'could' happen to your retirement savings accounts!!
No long or short here. Long and short and long and short and long and short. In for some turbulence. So Buckle Up.
Long term WXY complex zig-zag (ORANGE WXY).
This is based off of a fractal of the same formation just completed last night ... the wave 4 WXY correction.
See previous post history.
GOLD SHORT positions after breaking up Gravity trend-lineFirst of all congrats on all your profits guys!
Here we continue with GOLD SHORT positions after breaking up Gravity trend-line.
After using Fibonacci retracement and the rejection of the Moving averages to go up, we are can confirm another geometrical based SELL.
Big triangle bitcoin schema to first quartal 2021If the trend of more triangles continues, the bitcoin chart may become to big one triangle from end 2017 to first quartal 2021.
It will end about 6 000 $ .
If the forecast will be right, will be advantageous short position with small leverage (to 2.5x). Lately long and this will repeated several times
EURGBP :AS EXPECTED:Hey Traders what is up?
As we can see here in this market EUR stayed the course as I expected. We are currently in profit. It will go down and up again but as long as serious news dont hit we should be good!
SPX | D | HALF GANN WHEEL & SQR SETUPThe Fed is pumping a nice a dead cat bounce.. zoom this chart to enjoy!
Cheers,
Keops
SPX500 | 36D | GANN ELLIPSE SETUPDead cat bounce is imminent.. won't last tho.. enjoy!
Cheers,
Keops
NDAQ - reached target. Profit taking on?continued fall to 76 with a potential downside of 61.
Waiting for a low under triangle to open shorts.
retest and bearish continuation of key level (dotted line) is an indication for a fall as well.
-heish
USOIL | 9D | GANN WHEEL & BOXI think it is time to flip your short position to long.. reversal incoming. $50.50 range looks like to be equilibrium point. next candle is Feb 7th 2020. Will see how big this will retrace. enjoy!
Cheers,
Keops
CAD/CHF.... CHART PATTERNHELLO TO YOU ALL MY THERE TRADERS..... I AM CURRENTLY HAPPY B/C ALL OUR FORECAST HAS BEEN GOING ACCORDINGLY.... PRESENTLY THEY ARE LL ACTIVE...
CAD/CHF HAVE BEEN CONSOLIDATING FOR A WHILE NOW AND IS POISED FOR A BREAK-OUT.. WE HAVE SPOTTED A CHART PATTERN POPULARLY KNOWN AS SYMMETRICAL TRIANGLE CHART FORMATION... IN THIS CASE I WILL NOT BE GIVING ANY PARAMETER HERE AS I WOULD ENCOURAGE YOU ALL, MOST ESPECIALLY THOSE WHO ARE NEW TO TRADING HERE TO VIEW THE CHART UP AND LET ME KNOW WHAT THEY THINK MIGHT BE THE POSSIBLE OUT-COME OF THE ACTUAL DIRECTION... IS IT SHORT OR LONG... THIS MIGHT TAKE SOME TIME TO BREAK-OUT... BUT I KNOW FOR SURE IF FOLLOWED PROPERLY WILL BE REALLY GREAT BUSINESS AT THE END..... THANK YOU ALL FOR YOUR COMMENTS AND LIKES... I WOULD LOVE TO HERE FROM YOU SOON AS REGARDS THIS TRADE IDEA....
UNTIL THEN..... CHEERIER...!!!!
GBP/JPY.... GBP/JPY FOUND RESISTANCE @ 144.549.... PRICE SEEM TO BE HEADING TOWARDS 139.190 ZONE AND POSSIBLY LOWER... BUT PRICE HAVE CURRENTLY BROKEN THE MINOR TREND LINE AND HAS ALSO BROKEN A DAILY SUPPORT TREND LINE... THIS, TO SOME TRADERS/INVESTORS CAN BE SEEN AS A TREND LINE VIOLATION...
EURCHF: Bullish Harmonic Butterfly UpdateAccording to world recognized trader and author of several books, Larry Pesavento, if price closes below 162% XA expansions in the butterfly pattern , the trend is generally going to continue. A close below 262% XA confirms the continuation of the trend.
The CD leg thrust is the first indication wether or not price is going to exceed the PRZ at 127% XA expansions. Another indication could be if any wide range bars occurs around ''D'' point, which signals a potential breakout from the initial PRZ formed in any harmonic pattern.
We have some confluence at the 162% XA expansions such as the lows 10/04-17. This low happened to form a tweezer bottom in the following weeks closing prices on the weekly timeframe .
Place close attention to any reversal candlesticks that could potentially be forming around 1.065xx or the 162% XA expansions as another PRZ.
Make sure to check the related idea for more information
Please dont forget to leave a like and make sure to comment with any idea regarding EUR/CHF in the section below
Thank you for reading this short analysis
God bless and happy trading
